Astra stock: DBS keeps IDR 7,500 target for Astra stock

Published on 10/23/2026 at 15:04 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First-half revenue reached IDR 157.9 trillion, down 3.00 percent. Astra stock costs EUR 0.23 on October 23, 2026 at 3:00 p.m. CEST.

Analyst and operating picture

DBS kept its IDR 7,500 target and Buy rating on October 15, 2026.
First-half 2026 revenue fell 3.00 percent to IDR 157.9 trillion.
Astra stock traded at EUR 0.23 at Lang & Schwarz on October 23, 2026 at 3:00 p.m. CEST.
Next earnings are scheduled for October 29, 2026.

Astra, ID1000122807, Illustration mit AI erstellt.

Astra International (ISIN ID1000122807) is being assessed against a DBS Group Research target of IDR 7,500 after the firm kept its Buy rating on October 15, 2026. The target stands 64.84 percent above the IDX price of IDR 4,550 used for the comparison. According to IDXChannel, Chinese vehicle manufacturers remain a competitive pressure for Astra's automotive business. Astra stock was trading at EUR 0.23 at Lang & Schwarz on October 23, 2026 at 3:00 p.m. CEST.

First-half revenue fell 3.00 percent

Astra's consolidated net revenue reached IDR 157.9 trillion in the first half of 2026, down 3.00 percent from IDR 162.9 trillion in the first half of 2025. Net income including non-recurring items fell 19.00 percent to IDR 12.5 trillion, while net income excluding those items declined 7.00 percent to IDR 14.9 trillion.

The earnings mix was uneven. Automotive net income rose 9.00 percent to IDR 5.9 trillion, and financial services net income increased 6.00 percent to IDR 4.6 trillion. Mining and heavy equipment net income excluding non-recurring items fell 46.00 percent to IDR 2.7 trillion in the same period, according to NTVNews.

Competition meets operating recovery

The automotive division still provides the clearest operating support. Astra's vehicle sales rose 10.00 percent in the first half of 2026, while the national car market expanded 16.00 percent to 437,000 units. Astra's group brands held a 51.00 percent market share during that period.

DBS also highlighted the possibility of faster Chinese original equipment manufacturer expansion in Southeast Asia. The same report cited a potential IDR 8.0 trillion Astra buyback and an expected 50.00 percent Astra automotive market share, while identifying higher interest rates and weaker consumer purchasing power as risks.

Valuation and next date

ASII had a price-to-earnings ratio of 6.15 and a market capitalization of IDR 181.6 trillion as of October 23, 2026. On the Indonesia Stock Exchange, the stock was last at IDR 4,550 on October 23, 2026 at 4:13 p.m. WIB, according to Global Banking and Finance. The next earnings date is October 29, 2026, as listed by Yahoo Finance.

Stock position for investors

Astra combines a large automotive franchise with financial services and mining exposure. The first-half figures show why the DBS target depends on a recovery in vehicle demand and better performance from mining and heavy equipment, rather than on one uniform earnings trend.

Current Astra trading view

The IDX quote of IDR 4,550 and the Lang & Schwarz euro price of EUR 0.23 describe separate listings and currencies. The most relevant operating counterweight is the 46.00 percent decline in mining and heavy equipment earnings during the first half of 2026.

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