Antam stock: Phintraco keeps IDR 4,840 target for Antam stock

Published on 10/19/2026 at 16:41 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First-half EBITDA reached IDR 9.62 trillion on August 28, 2026. Antam stock costs EUR 0.12 on October 19, 2026, down 2.75 percent on the IDX.

Target and trading context

Phintraco Sekuritas retained an IDR 4,840 target on October 14, 2026.
First-half EBITDA reached IDR 9.62 trillion, up 35.00 percent year over year.
Antam stock costs EUR 0.12 at Lang & Schwarz on October 19, 2026 at 4:31 p.m. CEST, down 2.75 percent on the IDX.
Antam's next earnings report is scheduled for November 2, 2026.

Antam, ID1000106602, Illustration mit AI erstellt.

Phintraco Sekuritas retained an IDR 4,840 price target for Antam on October 14, 2026, putting the target 95.16 percent above the IDX price of IDR 2,480. The assessment gives the stock report a clear valuation reference, while the euro quote stood at EUR 0.12 at Lang & Schwarz on October 19, 2026 at 4:31 p.m. CEST.

Profit growth strengthens the base

Antam's first-half 2026 EBITDA reached IDR 9.62 trillion, up 35.00 percent from IDR 7.11 trillion in the first half of 2025, according to PT ANTAM. The company also reported first-half net profit of IDR 6.91 trillion, 34.00 percent above the prior-year period, with basic earnings per share up 36.00 percent to IDR 265.85.

EUR 0.12 quote and local range

The IDX price was IDR 2,480 on October 19, 2026, down 2.75 percent from IDR 2,550. Trading volume reached 236,862,100 shares against an average of 99,878,309 shares. The euro quote is a separate German-market indication: Antam stock was at EUR 0.12 at Lang & Schwarz on the same date and time.

Antam's 52-week IDX range runs from IDR 2,380 to IDR 4,970. The current local price is 50.10 percent below the 52-week high and 4.20 percent above the 52-week low. The market capitalization was IDR 59.6 trillion, while the price-to-earnings ratio was 6.70.

Analyst target and reporting date

Phintraco's October 14, 2026 research kept a buy recommendation and an IDR 4,840 target, as Warta Ekonomi reported. Its estimate implies 95.16 percent upside from the IDR 2,480 IDX price, but the target remains an analyst estimate rather than a company forecast.

TradingView lists November 2, 2026 as Antam's next earnings date, giving investors the next scheduled checkpoint for the first-half performance and the company's second-half execution.

Comparison with peers

Antam: minus 2.75 percent, P/E 6.70, market capitalization IDR 59.6 trillion
Merdeka Copper Gold (Indonesia Stock Exchange, IDR): minus 7.00 percent, P/E 54.24, market capitalization IDR 55.2 trillion
Vale Indonesia (Indonesia Stock Exchange, IDR): plus 4.93 percent, P/E 13.88, market capitalization IDR 38.2 trillion

Quote remains the market frame

The local comparison places Antam below Merdeka Copper Gold on valuation while Vale Indonesia traded higher on October 19, 2026. For Antam, the next earnings date and the distance to the Phintraco target are the two concrete reference points beside the current quote.

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