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

Published on 10/19/2026 at 09:36 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Adaro stock costs EUR 0.11 on October 19, 2026, with an IDR 62.5 trillion market value. The IDR 1,650 to IDR 2,860 range frames the quote.

Target revision and market context

BRI Danareksa lifted its Adaro target to IDR 3,300 on October 8, 2026.
First-half 2026 revenue reached USD 999.24 million, according to a September 22, 2026 company review.
Adaro stock traded at EUR 0.11 at 9:32 a.m. CEST at Lang & Schwarz on October 19, 2026.
The company had an IDR 62.5 trillion market value as of October 19, 2026.

Adaro, ID1000111305, Illustration mit AI erstellt.

Adaro (ISIN ID1000111305) stock was trading at EUR 0.11 at Lang & Schwarz on October 19, 2026 at 9:32 a.m. CEST. On October 8, 2026, BRI Danareksa Securities raised its target for the company to IDR 3,300, according to Investortrust.

The company, now known as PT Alamtri Resources Indonesia Tbk, operates in metallurgical coal mining, mineral processing, mining services and renewable energy, according to its company website. The target revision gives the stock a concrete analyst reference while the euro quote remains below EUR 1.00.

Three dated stock markers

On August 29, 2026, the latest half-year review cited first-half revenue of USD 999.24 million and net income of USD 309.37 million for Adaro, with the figures summarized by Suprispinach. On October 8, 2026, BRI Danareksa set the IDR 3,300 target. On October 16, 2026, Adaro closed at IDR 2,210 on the Indonesia Stock Exchange.

What does the target imply?

BRI Danareksa based its revision on higher coking coal assumptions of USD 230 per ton for 2026, USD 220 for 2027 and USD 200 for 2028, according to Investortrust. The same report said the target represented a valuation of 6.4 times projected 2027 earnings, while tighter regulation and logistics were identified as risks.

The analyst case therefore depends on commodity prices and execution rather than on the euro quotation alone. Adaro's first-half figures provide the operating comparison: USD 999.24 million of revenue against USD 309.37 million of net income.

Adaro's current market frame

On October 19, 2026, the primary-market quote was IDR 2,170 on the Indonesia Stock Exchange at 2:25 p.m. WIB. The 52-week range was IDR 1,650 to IDR 2,860, and market capitalization was IDR 62.5 trillion.

Adaro stock was trading at EUR 0.11 at Lang & Schwarz on October 19, 2026 at 9:32 a.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Adaro stock.