HYBE Stock Falls 50% Since February Despite BTS Return; Q2 Earnings Expected to Beat

According to South Korea Stock Exchange, HYBE's stock fell 3.98% to 205,000 Korean won yesterday (July 3), extending losses since the group's March comeback. The stock has declined over 50% from its February peak of 404,500 won amid broader weakness in South Korean entertainment stocks.

Securities analysts expect HYBE's second-quarter results to serve as a turnaround catalyst. Q2 operating profit is forecast at 144.5–152 billion won, marking record earnings. Meritz Securities projects revenue to surge 85% year-over-year to 1.3 trillion won, with operating margin at 12.4%.