Pearl Abyss Seen Growing Fast This Year as Crimson Desert Goes Global, NH Raises Target

NH Investment & Securities raised its target price for Pearl Abyss, saying the company is expected to enter a high-growth phase this year on the global success of its new title, Crimson Desert. According to Hankyung.com, Crimson Desert is an open-world action-adventure game that Pearl Abyss has prepared over an extended period and that has drawn global market attention. Related reports said the game attracted strong interest on major country platforms and PC channels after launch, with confirmed sales performance affecting investor sentiment. NH’s higher target reflects its view that Crimson Desert’s performance could lift Pearl Abyss’s earnings outlook for the year. Within the reported facts, the key focus remains the new title’s success and expectations for improved results. Source: hankyung.com.