BNI Sekuritas sets an IDR 171 to IDR 178 range for Bumi Resources stock

Published on 10/15/2026 at 11:55 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First-half 2026 revenue rose 27.90 percent to USD 866.80 million. Bumi Resources stock costs EUR 0.01 on October 15, 2026.

Analyst view and financial scale

BNI Sekuritas set the IDR 171 to IDR 178 range on October 14, 2026.
First-half 2026 revenue rose 27.90 percent to USD 866.80 million.
Bumi Resources stock trades at EUR 0.01 at 11:45 a.m. CEST at Lang & Schwarz on October 15, 2026.

Bumi Res, ID1000068703, Illustration mit AI erstellt.

Bumi Resources (ISIN ID1000068703) drew an IDR 171 to IDR 178 technical target range for October 14, 2026, after its IDX price had closed at IDR 167.00 on October 13, 2026, according to Investor.id. The stock also drew attention to a rumored Kideco transaction valued at more than USD 1.0 billion, reported by Kontan on October 11, 2026.

What could Kideco add?

The reported transaction would give Bumi Resources a potential route to larger coal production, but its financial effect would depend on funding, valuation and integration. Kontan reported that Kideco produced 15.2 million tons of coal in the first half of 2026 and generated USD 855.09 million in revenue during that period. Those figures describe Kideco, not Bumi Resources, and therefore frame the scale of the asset under discussion rather than current Bumi results.

The same report put the rumored purchase value above USD 1.0 billion and said analysts expected additional annual revenue of USD 1.7 billion to USD 1.8 billion if the deal went ahead. Funding costs and potential dilution remain central considerations in that scenario, while the final ownership structure would determine how much of the asset Bumi Resources could consolidate.

First-half earnings set the baseline

Bumi Resources reported stronger first-half 2026 operating figures. IDXChannel said revenue increased 27.90 percent year over year to USD 866.80 million, while net income rose 87.40 percent to USD 72.30 million. Operating profit climbed 50.30 percent to USD 83.10 million, and the operating margin improved to 9.60 percent from 8.20 percent.

Three dates frame the story

On September 22, 2026, the first-half report showed USD 866.80 million in revenue and USD 72.30 million in net income, according to IDXChannel. On October 11, 2026, Kontan reported the rumored Kideco transaction above USD 1.0 billion. On October 14, 2026, Investor.id reported the BNI Sekuritas target range of IDR 171 to IDR 178.

EUR 0.01 quote and company value

Bumi Resources had a market capitalization of IDR 58.3 trillion and an IDX 52-week range of IDR 126.00 to IDR 484.00 as of October 15, 2026. The stock was trading at EUR 0.01 at Lang & Schwarz on October 15, 2026 at 11:45 a.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Bumi Res stock.