LG Display Stays A Buy With Operating Income Beat And Favorable Prospects

  • LG Display recorded positive operating profit in 1Q25; this was a surprise as the market was anticipating continued EBIT losses. I forecast that LPL will be in the black this year, due to a decline in depreciation costs, lower interest expenses, and share gains within the Apple supply chain. My view of the stock remains bullish; there is valuation expansion potential if it returns to profitability in FY2025.