HMC Stock Forecast

This article is to forecast how the HMC's stock price will move in the future. But before that, the readers will find out a brief history of the Korean carmaker and its businesses. If you considering buying or selling HMC's stock, this article will help you with making the right decisions. 

---

Brief History of HMC

HMC was established as a joint venture between Mr. Jung Ju-young and the US car company Ford. A year after its establishment. Cortina, the very first car of Hyundai Motors was released in 1968. Having no its proprietary car-making technology, Hyundai brought in George Turnbull, the vice president of the British Leyland. The company produced its first proprietary model 'Pony' based on the technical cooperation from Japanese company Mitsubishi Co. It became the first model to be exported to Canada, but not to the US for failing to meet the emissions standards. But Excel, the following model was launched in the US market. HMC bought KIA and Asia Motors in 1993. HMC used to belong to the Hyundai Group, but along with other 9 subsidiaries, it made Hyundai Motor Company Group, headed by Mr. Jung Mong-gu. After 2000, the OEM successfully launched models like Avante, Sonata, and Grandeur, which made the car company number 1 in the domestic market. Unfortunately, it could not build a proper reputation in the overseas market. The cars of HMC used to be considered as cheap cars with poor performance. However, with the continuous efforts to improve the product quality and develop new and better models, Hyundai's cars are now recognized as safe cars with good quality. Now that the era of electronic cars and self-driving vehicles begins, it tries to set its foot in these new markets. Thanks to consumers who perceive electronic vehicles differently from traditional combustion engine cars, the car company gets great opportunities to beat European and American car giants. Considering the HMC's product quality, technology and the new markets, the future of the Korean OEM seems promising. 

HMC's Business 

HMC has models in:

• passenger cars (Avante, Sonata, Gradeur)
• SUV (Venue, Kona, Tucsan, Santa-fe, Palisade)
• MPV (Staria Lounge, Staria, Staria Kinder, PorterII, Forest)
• Hydrogen/electric (Nexo, Ioniq5, Porter II Electric, Porter II Electric Special Purpose Vehicle)
• Small Commercia Vehicles, Taxi
• Truck, Bus

The Korean car maker's portfolio covers extensive range of models, offering diverse choices to consumers. 

 

HMC's Stock Forecast

According to the stock analysis site walletinvestor.com, HMC stock is a good investment for the long term. The share can make a profitable option. HMC's current price is KRW 178,000, which is forecasted to increase up to KRW 345,098 in March 2027. This means the five-year investment profit will be +93.88%. If you put your $100 today, it will grow up to $193.88 in 2027.