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

Published on 10/16/2026 at 11:01 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

BRI Danareksa lifted its target to IDR 3,300 on October 8, 2026. Adaro stock costs EUR 0.11 on October 16, 2026.

Growth and valuation markers

BRI Danareksa lifted its 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.
Adaro stock trades at EUR 0.11 at 10:57 a.m. CEST at Lang & Schwarz on October 16, 2026.

Adaro, ID1000111305, Illustration mit AI erstellt.

Adaro stock (ISIN ID1000111305) was quoted at EUR 0.11 at Lang & Schwarz on October 16, 2026, at 10:57 a.m. CEST. The latest company-specific catalyst is BRI Danareksa's October 8 target increase to IDR 3,300 from an earlier level, as reported by Investortrust.

Target rises on coal assumptions

BRI Danareksa kept its Buy recommendation while raising the target for PT Alamtri Resources Indonesia Tbk, formerly known as PT Adaro Energy Indonesia Tbk, to IDR 3,300. Its research, dated October 8, 2026, lifted the premium hard coking coal assumption for 2026 to USD 230 per ton from USD 170 per ton, according to Investortrust.

The same report identified a counter-factor in logistics. Adaro Minerals Indonesia was expected to sell 0.5 million to 0.7 million tons in the third quarter of 2026, below the 6.0 million-ton full-year projection cited for 2026.

What does the target mean?

The target rests on a stronger commodity assumption, but the operating picture also depends on shipment recovery. BRI Danareksa projected ADMR sales of 6.0 million tons for 2026 versus an initial management target of 6.3 million tons, leaving a 0.3 million-ton gap.

Three dated Adaro markers

On October 7, 2026, Katadata reported first-half revenue of USD 999.24 million, up 16.50 percent from USD 857.69 million. On the same reporting period, net income reached USD 309.36 million, up 76.83 percent from USD 174.94 million. On October 8, 2026, BRI Danareksa set the IDR 3,300 target.

Stock valuation and trading context

The Indonesian-listed shares closed at IDR 2,460.00 on October 15, 2026, while the finance snapshot showed a market capitalization of IDR 64.2 trillion on October 16, 2026. The same quote context placed the 52-week range at IDR 1,650.00 to IDR 2,860.00.

Stock price in euros

Adaro stock was trading at EUR 0.11 at Lang & Schwarz on October 16, 2026, at 10:57 a.m. CEST. PT Alamtri Resources Indonesia operates in metallurgical coal, mineral processing, mining services and renewable energy, according to its company website.

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