POSCO's Q1 earnings beat expectations, driven by battery materials and steel price hikes, prompting a Buy rating.

POSCO Holdings reported a strong Q1 2026 with EBIT rising 24.3% year-over-year, surpassing consensus estimates by 20.3%. This performance was mainly due to the success of its battery materials and infrastructure segments. The outlook for the full fiscal year 2026 remains positive, with expected growth in operating income supported by improvements in the steel business through price increases and asset rationalization. The analyst maintains a Buy rating, highlighting POSCO's promising financial trajectory and sector diversification.