BRIDS keeps IDR 4,800 target for Antam stock

Published on 10/19/2026 at 09:07 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

BRIDS retained an IDR 4,800 target on October 12, 2026. Antam stock posted IDR 62.71 trillion in first-half sales.

Antam earnings and analyst target

BRI Danareksa Securities retained an IDR 4,800 target on October 12, 2026.
Antam reported IDR 6.91 trillion in first-half profit, up 34 percent year over year.
First-half EBITDA reached IDR 9.62 trillion, an increase of 35 percent from the prior year.

Antam, ID1000106602, Illustration mit AI erstellt.

Antam (ID1000106602) has an IDR 4,800 analyst target after its first-half performance exceeded key forecasts. Kompas.com reported on October 12, 2026, that BRI Danareksa Securities retained the target and cited Antam's first-half earnings as a catalyst for the stock.

BRIDS keeps the target

BRI Danareksa Securities retained its IDR 4,800 target for Antam and projected 2026 revenue of IDR 118.7 trillion and net income of IDR 9.2 trillion, according to Kompas.com on October 12, 2026. The report said first-half net income represented 69.7 percent of the broker's full-year estimate and 70 percent of consensus.

Three milestones shape the story

Antam's chronology runs from the August 28, 2026 first-half release, when profit reached IDR 6.91 trillion, to the October 12, 2026 BRIDS target of IDR 4,800, followed by the October 19, 2026 Lang & Schwarz quote of EUR 0.12. The sequence links operating results, analyst expectations and the euro-market indication without treating them as one currency or one return measure.

What does IDR 4,800 mean?

The target rests on a stronger operating base. In the first half of 2026, ANTAM reported profit of IDR 6.91 trillion, up 34 percent from IDR 5.14 trillion in the first half of 2025, while EBITDA rose 35 percent to IDR 9.62 trillion from IDR 7.11 trillion, according to the company's release dated August 28, 2026. ANTAM also reported net sales of IDR 62.71 trillion, up 6 percent from IDR 59.02 trillion. Gold supplied 80 percent of sales at IDR 50.39 trillion, while nickel contributed IDR 10.41 trillion, up 32 percent year over year.

Stock indication and company profile

For investors in Germany, the euro quote offers a separate market reference from the Indonesian share price and the IDR-based operating figures. Antam is a materials company listed on the IDX under ticker ANTM.JK, with gold, nickel and bauxite operations forming its main business lines. The company produced 7.78 million wet metric tons of nickel ore in the first half of 2026 and sold 6.77 million wet metric tons, according to its release.

Euro quote stays at EUR 0.12

Antam stock was trading at EUR 0.12 at Lang & Schwarz on October 19, 2026 at 9:05 a.m. CEST. The quote is an intraday euro indication for German investors, while Antam's operating results and analyst target remain denominated in IDR.

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