Bumi Res stock: Pluang Maju cites IDR 185 target for Bumi Res stock

Published on 10/22/2026 at 16:44 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First-half revenue rose 27.90 percent to USD 866.80 million. Bumi Res stock costs EUR 0.01 on October 22, 2026, up 2.96 percent on the IDX.

Analyst view and operating results

Pluang Maju Sekuritas cited an IDR 185.00 technical target on October 13, 2026.
Bumi Resources reported USD 866.80 million in first-half 2026 revenue, up 27.90 percent year over year.
Bumi Res stock cost EUR 0.01 at Lang & Schwarz on October 22, 2026 at 4:34 p.m. CEST, while IDX shares rose 2.96 percent.
The company reported IDR 51.6 trillion in market capitalization on October 22, 2026.

Bumi Res, ID1000068703, Illustration mit AI erstellt.

On October 13, 2026, Pluang Maju Sekuritas analyst Jason Gozali cited an IDR 185.00 technical target for Bumi Resources, with an IDR 155.00 to IDR 160.00 trading zone, according to Investor.id. Bumi Res was at EUR 0.01 at Lang & Schwarz on October 22, 2026 at 4:34 p.m. CEST, while BUMI on the IDX stood at IDR 139.00, up 2.96 percent from IDR 135.00.

Revenue reached USD 866.80 million

Bumi Resources increased first-half 2026 revenue 27.90 percent year over year to USD 866.80 million, while profit before tax rose 102.50 percent to USD 104.30 million, Kompas.com reported on September 22, 2026. The improvement gives the analyst target a stronger operating backdrop, but the target remains a market view rather than company guidance.

Stock stays near its yearly low

The IDX quote stood 18.80 percent above its IDR 117.00 52-week low and 71.28 percent below its IDR 484.00 high on October 22, 2026. Market capitalization was IDR 51.6 trillion, while trading volume reached 3,274,030,900 shares. The euro quotation at Lang & Schwarz remains a separate German-market indication.

Target distance and company dates

The IDR 185.00 target is 33.09 percent above the IDR 139.00 IDX price. Bumi Resources' investor-relations page lists its financial statement for the six months ended June 2026 and identifies the company as an Indonesian mining group, Bumi Resources. Its operations span coal, services, oil and gas, and minerals.

Comparison with peers

Bumi Res (IDX, IDR): up 2.96 percent, market capitalization IDR 51.6 trillion.
PT Bukit Asam (IDX, IDR): up 2.25 percent, P/E 7.71, market capitalization IDR 36.6 trillion.
PT Alamtri Resources Indonesia (IDX, IDR): up 1.67 percent, P/E 6.69, market capitalization IDR 67.0 trillion.

Stock perspective

The main investor variables are the gap between the IDR 139.00 market price and the IDR 185.00 target, plus the durability of the first-half revenue improvement. The 52-week range also leaves BUMI much closer to its low than its high.

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