August 5 NEXUS Outlook: Why Support at KRW 1,570 Matters More Than Breaking Above KRW 1,700
August 5 NEXUS is at a crossroads between the burden of a KRW 5,300,000,000 operating loss in 2 quarter and expectations surrounding the global launch of ONE store in August. Because the previous closing price of KRW 1,698 was established before the earnings announcement, today's priority should be checking whether the KRW 1,570 level holds as support rather than whether the stock breaks above KRW 1,700.
This article is based on publicly available information as of 2026-08-05 at 8:43 a.m., before the regular trading session opened. It does not guarantee price increases or investment returns at any particular level but provides reference points for managing volatility.
Why Could NEXUS Shares Experience Greater Volatility on August 5?
NEXUS released its 2-quarter earnings after the market closed on August 4. Therefore, the August 4 closing price of KRW 1,698 did not fully reflect the market's reaction to the widening operating loss.
NEXUS closed at KRW 1,698 on August 4, up KRW 126 from the previous day. The percentage gain was 8.02%.
Formula: `(KRW 1,698-KRW 1,572)÷KRW 1,572×100`
Calculated result: 8.02%
Author's calculation
The intraday high was KRW 1,700, while the low was KRW 1,574. The closing price being close to the session high can be interpreted as a sign of strong expectations before the earnings announcement.
However, if the results announced after the market closed fell short of expectations, the previous day's gains could reverse in a 'sell-the-news' reaction.
Were NEXUS's 2-Quarter Results Actually Poor?
NEXUS reported consolidated revenue of approximately KRW 5,800,000,000 and an operating loss of approximately KRW 5,300,000,000 for 2 quarter of 2026. Revenue declined by approximately 37.8% from the same period a year earlier, while operating profit turned into an operating loss.
| Category | 2 Quarter of 2025 | 2 Quarter of 2026 | Change |
|---|---|---|---|
| Revenue | Approximately KRW 9,300,000,000 | Approximately KRW 5,800,000,000 | Decreased by approximately 37.8% |
| Operating profit/loss | Approximately KRW 300,000,000 profit | Approximately KRW 5,300,000,000 loss | Turned to a loss |
| Net profit/loss | Approximately KRW 1,900,000,000 loss | Approximately KRW 8,100,000,000 profit | Turned profitable |
Looking only at net profit of KRW 8,100,000,000, the results might appear positive. However, that figure included approximately KRW 15,700,000,000 in one-time gains arising from the acquisition of ONE store.
One-time gains are accounting gains that are unlikely to recur at the same scale. When assessing the profitability of NEXUS's core business, revenue and operating profit or loss should take priority over net profit.
How Much Did Performance Deteriorate Compared With 1 Quarter?
In 1 quarter of 2026, NEXUS recorded revenue of approximately KRW 11,600,000,000 and operating profit of approximately KRW 132,000,000. Revenue in 2 quarter declined to approximately KRW 5,800,000,000, roughly half the previous quarter's level.
Revenue growth rate: `(KRW 5,800,000,000-KRW 11,600,000,000)÷KRW 11,600,000,000×100`
Calculated result: A decrease of 50.0% quarter over quarter
Change in operating profit/loss: `-KRW 5,300,000,000-KRW 132,000,000.00`
Calculated result: A deterioration of approximately KRW 5,432,000,000
Author's calculation
Cumulative revenue for the first half reached approximately KRW 17,400,000,000, an increase of 9.4% from the same period a year earlier. However, the first-half operating loss was approximately KRW 5,200,000,000, making it difficult to conclude that profitability improved based on revenue growth alone.
Is ONE store's Launch in 124 Countries a Positive Catalyst for the Stock?
The global launch of ONE store, scheduled for late August, is a potential short-term catalyst. NEXUS plans to launch a global version of ONE store incorporating blockchain technology in 124 countries.
The following developments are also scheduled during August:
Introduction of an 'AI Games' tab within ONE store
Integration of the embedded wallet 'ONE Pocket'
Launch of the global version of ONE store in 124 countries
Integration of ONE Quest and ONE Wave with ONE store
However, the number of launch countries does not directly translate into revenue. The stock's medium-term direction should be assessed using active users, the number of games available on the platform, payment volume, transaction fees, marketing expenses, and operating profit or loss rather than download figures alone.
There has also been an instance in which NEXUS shares fell sharply immediately after the ONE store acquisition announcement. The market is evaluating the company's growth potential alongside acquisition costs, capital increases, shareholder dilution, and ONE store's existing loss-making business structure.
What Are the Key Price Levels to Watch on August 5?
On August 5, three possible scenarios can be distinguished using KRW 1,700 and the KRW 1,570 level as reference points.
1. If the Stock Establishes Support Above KRW 1,700
KRW 1,700 was the intraday high on August 4. Rather than merely opening above KRW 1,700, what matters is whether the stock holds its breakout without retreating and whether consecutive 15-minute candlesticks close above KRW 1,700.
Author's Trading Criteria
Break above KRW 1,700
Turn KRW 1,700 into a support level after the breakout
Absorb selling pressure following the earnings announcement through increased trading volume
Check whether foreign investors maintain a net buying trend
If the stock briefly moves above KRW 1,700 during the session but immediately falls back below it, the move would be difficult to regard as a reliable basis for chasing the rally.
2. If the Stock Remains Between KRW 1,570 and KRW 1,700
The KRW 1,570 level is where the closing price of KRW 1,572 from two trading sessions earlier overlaps with the previous session's low of KRW 1,574. If this price area holds, the stock could be viewed as trading within a range where earnings concerns and expectations for August are balanced.
When the direction remains unclear, waiting to see which side of the range the price breaks out of may be more advantageous than attempting to predict its movement.
3. If the Stock Falls Below the KRW 1,570 Level
If the price drops below KRW 1,570 and fails to recover, it could indicate that the reversal of the previous day's gains is gaining momentum. The next area to monitor would be the 1,460–KRW 1,480 range, where recent closing prices and lows were established.
In particular, a break below KRW 1,570 accompanied by heavy trading volume could suggest that the market is placing greater weight on the 2-quarter operating loss than on expectations surrounding the August launch.
How Could CEO Jang Hyun-kook's August Capital Increase Affect the Stock?
CEO Jang Hyun-kook is scheduled to pay approximately KRW 5,000,000,000 on August 19 for a capital increase through a 3-party allotment. The new shares will be issued at KRW 2,340 per share, with their listing scheduled for September 8.
Because the issue price is higher than the August 4 closing price of KRW 1,698, completion of the payment could serve as an indicator of management accountability and market confidence.
However, the payment schedule has been changed before, so investors should verify the actual payment and official disclosures concerning the issuance of securities. The new shares are expected to be subject to a 1-year lock-up period, limiting the likelihood that they will immediately enter the market as sellable shares after listing. Nevertheless, dilution resulting from an increase in the total number of shares must be considered separately.
Frequently Asked Questions
Is NEXUS Likely to Rise on August 5?
The direction cannot be determined with certainty. The 2-quarter operating loss is a negative factor, while the global launch of ONE store and plans to expand AI and blockchain platforms are potential positive catalysts. Early in the trading session, it is more reasonable to prioritize whether KRW 1,570 holds as support rather than whether the stock breaks above KRW 1,700.
Doesn't Net Profit of KRW 8,100,000,000 Mean the Results Were Good?
It is difficult to conclude that the results were strong from the perspective of the core business. Net profit included approximately KRW 15,700,000,000 in one-time gains arising from the ONE store acquisition, while the company recorded an operating loss of KRW 5,300,000,000.
Will ONE store's Global Launch Immediately Improve Earnings?
A launch alone does not guarantee improved earnings. The number of games available on the platform, user numbers, payment volume, fee revenue, and marketing costs must all be examined. A meaningful assessment will be possible after post-launch operating metrics and the results for 3 quarter and 4 quarter are released.
Does Breaking Above KRW 1,700 Immediately Signal a Bullish Reversal?
A temporary breakout is not enough. Investors need to see whether the stock absorbs selling pressure following the earnings announcement and turns KRW 1,700 into a support level. If the price falls back below KRW 1,700 immediately after breaking through it, that suggests short-term selling pressure remains.
What Should Investors Check First Today?
Investors can check the opening price position, whether the stock breaks above KRW 1,700, whether KRW 1,570 holds as support, trading volume, and foreign investor trading flows, in that order. For assessing the next trading session, whether the stock holds KRW 1,570 or KRW 1,700 at the market close is more important than its intraday price movements.
Conclusion: NEXUS Outlook for August 5
NEXUS rose 8% in the previous session, but the 2-quarter operating loss of KRW 5,300,000,000, disclosed after the market closed, has not yet been fully reflected in the share price. Investors should distinguish between the operating loss and one-time gains rather than focusing solely on net profit of KRW 8,100,000,000.
If the stock establishes support above KRW 1,700, it could indicate that expectations for ONE store in August are absorbing the earnings concerns. Conversely, a break below KRW 1,570 could indicate that deteriorating earnings are becoming the dominant factor driving the share price.
Stock prices can move contrary to expectations, and publicly available information alone cannot determine short-term price movements with certainty. Before making an investment decision, investors should review the day's regulatory disclosures, trading volume, investor flows, and their own capacity to absorb losses.
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※ This article is provided for informational purposes to help readers understand market trends and does not constitute investment advice or a recommendation to buy or sell any particular stock or asset. All final investment decisions and responsibility rest with the individual investor.