BRI Danareksa raises target for Adaro stock to IDR 3,300

Published on 10/13/2026 at 09:57 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

The revised target is IDR 3,300 from October 8, 2026. Adaro stock costs EUR 0.13 on October 13, 2026, and profit rose 76.80 percent.

BRI Danareksa raised its Adaro target to IDR 3,300 on October 8, 2026.
First-half 2026 revenue reached USD 999.24 million, up 16.50 percent year over year.
First-half 2026 net profit rose 76.80 percent to USD 309.37 million.
Adaro stock stood at EUR 0.13 at Lang & Schwarz on October 13, 2026 at 9:47 a.m. CEST.

Adaro, ID1000111305, Illustration mit AI erstellt.

Adaro stock (ISIN ID1000111305) stood at EUR 0.13 at Lang & Schwarz on October 13, 2026 at 9:47 a.m. CEST. The company now operates as PT AlamTri Resources Indonesia Tbk, formerly PT Adaro Energy Indonesia Tbk, according to its corporate site.

Target rises to IDR 3,300

Investortrust.id reported on October 8, 2026 that BRI Danareksa Securities raised its target for Adaro to IDR 3,300 per share and retained its Buy recommendation. The revision followed higher premium hard coking coal assumptions of USD 230 per ton for 2026, USD 220 for 2027 and USD 200 for 2028.

The same report said BRI Danareksa revised its profit estimates upward by 4.30 percent for 2026, 2.60 percent for 2027 and 2.90 percent for 2028. The investment case therefore rests on both commodity pricing and the execution of Adaro's broader minerals strategy.

What does the target revision change?

Indonesia Coal and Nickel reported that first-half 2026 revenue reached USD 999.24 million, up 16.50 percent from USD 857.00 million in the same period of 2025. Net profit rose 76.80 percent to USD 309.37 million from USD 174.90 million.

That comparison gives the target revision a measurable operating base. Adaro's current structure combines metallurgical coal, minerals, aluminium and renewable-energy activities, while thermal coal operations sit with Adaro Andalan Indonesia.

Three dated developments

On September 14, 2026, Indonesia Coal and Nickel described Adaro's first-half revenue growth and its transition toward minerals and aluminium. On October 8, 2026, Investortrust.id reported the IDR 3,300 target from BRI Danareksa. On October 12, 2026, Bisnis.com reported that ADMR had sold 3.13 million tons of metallurgical coal through the first half of 2026.

Next date for results

InvestPane lists October 27, 2026 as the next earnings date. That report will give investors a fresh test of the revenue and net-profit trajectory established in the first half.

Stock stays at EUR 0.13

Adaro stock stood at EUR 0.13 at Lang & Schwarz on October 13, 2026 at 9:47 a.m. CEST. The quote was in the Xetra trading phase, while the company's primary listing is on the Indonesia Stock Exchange in IDR. The further course of trading is shown by the continuously updated real-time quote of Adaro stock.