Bukit Asam stock: BRI Danareksa raises target to IDR 3,480

Published on 10/20/2026 at 16:27 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Bukit Asam posts IDR 2.65 trillion first-half profit, up 218 percent. Bukit Asam stock costs EUR 0.15 on October 20, 2026 at 4:09 p.m. CEST.

Target and earnings update

BRI Danareksa raised its Bukit Asam target to IDR 3,480 on October 15, 2026.
First-half net profit reached IDR 2.65 trillion, up 218 percent year over year.
Bukit Asam stock costs EUR 0.15 at Lang & Schwarz on October 20, 2026 at 4:09 p.m. CEST.
The next earnings date is November 4, 2026.

Bukit Asam, ID1000094006, Illustration mit AI erstellt.

Bukit Asam (ID1000094006) is trading at EUR 0.15 at Lang & Schwarz on October 20, 2026 at 4:09 p.m. CEST. The latest analyst action is a higher valuation target from BRI Danareksa Sekuritas. In its October 15, 2026 assessment, Kompas reported that the firm raised its target to IDR 3,480 and retained a buy rating.

Target reflects earnings growth

The target sits 21.25 percent above the Jakarta share price of IDR 2,870 on October 20, 2026 at 4:14 p.m. WIB. BRI Danareksa also lifted its projected 2026 net profit to IDR 5.40 trillion and estimated a dividend yield of 10.00 percent, according to the same October 15 report.

The valuation case rests on higher coal selling prices and greater volume. The report projected 2026 sales of 48.10 million tons, below management's 49.50 million ton target, while logistics constraints at the Kramasan terminal remain a limiting factor.

First-half profit sets the base

Bukit Asam recorded IDR 2.65 trillion in net profit during the first half of 2026, up 218 percent from IDR 0.83 trillion a year earlier. Revenue reached IDR 22.03 trillion, an 8.00 percent increase from IDR 20.46 trillion in the first half of 2025, while coal sales totaled 21.10 million tons, as CNBC Indonesia reported on October 5, 2026.

Production and cash flow risks

The operating plan calls for production near 50.00 million tons in 2026, compared with 19.45 million tons achieved in the first half. Kontan reported on October 13, 2026 that second-half production would need to reach 30.20 million tons to meet the 49.60 million ton estimate. The article also cited higher working-capital needs linked to receivables from PLN as a cash-flow risk.

Next date and price position

The next earnings report is scheduled for November 4, 2026, according to Investing.com. The Jakarta share price sits within its IDR 2,200.00 to IDR 3,490.00 52-week range, with the October 20, 2026 level 17.77 percent below the high. The reported price-to-earnings ratio was 7.00.

Stock position for investors

Bukit Asam combines a sharp first-half earnings recovery with a production target that requires a faster second-half run rate. The analyst target adds a valuation reference, while logistics and PLN receivables remain the main operational counterweights.

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