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

Published on 10/20/2026 at 16:17 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue rose 27.90 percent to USD 866.80 million. Bumi Res stock costs EUR 0.01 on October 20, 2026 at Lang & Schwarz.

Analyst target and earnings

Pluang Maju set an IDR 185.00 technical target on October 13, 2026.
First-half 2026 revenue rose 27.90 percent to USD 866.80 million.
Bumi Res stock costs EUR 0.01 at Lang & Schwarz on October 20, 2026 at 4:04 p.m. CEST.

Bumi Res, ID1000068703, Illustration mit AI erstellt.

Bumi Res stock has an IDR 185.00 technical target from Pluang Maju Sekuritas, while the latest company figures show stronger first-half operations. Head of Research Jason Gozali gave the target on October 13, 2026, according to Investor. Bumi Res was trading at EUR 0.01 at Lang & Schwarz on October 20, 2026 at 4:04 p.m. CEST.

Target stands above the IDX price

Gozali placed the technical target at IDR 185.00 and described IDR 155.00 to IDR 160.00 as the area for a potential technical entry. Against the IDX price of IDR 135.00 on October 20, 2026, the target is 37.04 percent above the share price. The article also put the downside threshold at IDR 145.00, making the target and risk levels part of the same technical framework.

First-half revenue reached USD 866.80 million

Bumi Resources reported first-half 2026 revenue of USD 866.80 million, up 27.90 percent from the same period of 2025. Net income reached USD 72.30 million, an 87.40 percent increase from USD 38.60 million, while operating profit rose 50.30 percent to USD 83.10 million. The operating margin improved to 9.60 percent from 8.20 percent. These figures were reported by IDXChannel on September 22, 2026.

Mining results support diversification

The company linked the revenue increase to its diversification strategy. Its investor-relations page lists the Financial Statement Half Year Report June 2026 among the latest reporting documents, updated on July 31, 2026, according to Bumi Resources. The figures give the analyst target a fundamental backdrop, although the technical target remains separate from the reported financial results.

IDX quote remains below yearly high

On the IDX, Bumi Resources was priced at IDR 135.00 on October 20, 2026, after a previous close of IDR 125.00. The same quote showed a 52-week range of IDR 117.00 to IDR 484.00, trading volume of 3,337,839,004 shares and a market capitalization of IDR 50.1 trillion. Its price to earnings ratio was 0.02.

Euro quote for German investors

Bumi Res was trading at EUR 0.01 at Lang & Schwarz on October 20, 2026 at 4:04 p.m. CEST. The quote is an intraday euro indication for investors tracking the Indonesian coal producer from Germany.

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