Analysts set IDR 9,200 target for Indofood stock

Published on 10/14/2026 at 10:02 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

BRI Danareksa projects 4.80 percent revenue growth during 2026. Indofood stock costs EUR 0.35 on October 14, 2026.

Targets and quarterly results

BRI Danareksa cited an IDR 9,200 target for Indofood on October 11, 2026.
Revenue reached IDR 31.63 trillion and net income IDR 1.77 trillion in the second quarter of 2026.
Indofood stock trades at EUR 0.35 at 10:00 a.m. CEST at Lang & Schwarz on October 14, 2026.

Indofood, ID1000057003, Illustration mit AI erstellt.

Indofood (ISIN ID1000057003) has an IDR 9,200 target from BRI Danareksa, while revenue growth is projected at 4.80 percent during 2026. RCTIplus reported the target on October 11, 2026, linking the forecast to the performance of Indofood CBP and Bogasari.

Three dated company signals

On March 31, 2026, revenue was IDR 33.89 trillion and net income was IDR 2.96 trillion for the first quarter of 2026, according to Investing.com. On June 30, 2026, revenue reached IDR 31.63 trillion and net income was IDR 1.77 trillion in the second quarter of 2026, the same source reported. On October 11, 2026, RCTIplus reported the IDR 9,200 target for Indofood.

What does the target mean?

The target puts the projected 4.80 percent revenue growth at the center of the current valuation debate. RCTIplus also reported that higher raw-material costs could limit margin expansion through the fourth quarter of 2026 and the first quarter of 2027. That makes the revenue projection less decisive than the conversion of sales growth into profit.

The latest quarterly comparison points in that direction: revenue declined from IDR 33.89 trillion in the first quarter of 2026 to IDR 31.63 trillion in the second quarter, while net income fell from IDR 2.96 trillion to IDR 1.77 trillion. The figures keep the operating trend relevant even as the analyst view remains constructive on the broader business mix.

Indofood quote remains near EUR 0.35

Indofood was trading at EUR 0.35 at Lang & Schwarz on October 14, 2026 at 10:00 a.m. CEST, with a EUR 0.33 bid and a EUR 0.37 ask. The latest market capitalization was IDR 61.5 trillion on October 14, 2026, while the IDX listing was quoted at IDR 7,000.

The further course of trading is shown by the continuously updated real-time quote of Indofood stock.