CGS cited IDR 3,100 target for Charoen Pokphand Indonesia stock
Published on 10/16/2026 at 10:59 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSQuarterly figures and analyst target
- CGS International cited an IDR 3,100 target on October 6, 2026.
- Second-quarter 2026 revenue reached IDR 19.47 trillion and net income reached IDR 1.13 trillion.
- Charoen Pokphand Indonesia stock traded at EUR 0.13 at 10:51 a.m. CEST at Lang & Schwarz on October 16, 2026.
Charoen Pokphand Indonesia (ISIN ID1000117708) was trading at EUR 0.13 at Lang & Schwarz on October 16, 2026. The latest analyst view kept attention on an IDR 3,100 target for the Indonesian poultry producer.
On October 6, 2026, Kontan reported that CGS International recommended a Hold view for CPIN with an IDR 3,100 target. The report linked the view to higher broiler prices and potential margin improvement, while also identifying feed costs as a risk.
Second-quarter figures set the baseline
TradingView lists revenue of IDR 19.47 trillion and net income of IDR 1.13 trillion for the second quarter of 2026. The figures show a profitable quarter, although the first quarter had produced net income of IDR 2.58 trillion, making the sequence important for judging earnings momentum.
What does the target mean?
The analyst case rests on the relationship between selling prices and input costs. Kontan reported that broiler prices averaged IDR 25,000 per kilogram in September 2026, up 2 percent from August, while day-old chick prices reached IDR 7,800 per bird, up 1 percent monthly. Those figures support the margin argument, but the same report said only about one-third of higher feed costs had been passed on to customers in the third quarter.
Three dated developments
On June 30, 2026, the second-quarter figures included IDR 19.47 trillion of revenue and IDR 1.13 trillion of net income, as reported by TradingView. On October 6, 2026, CGS International cited an IDR 3,100 target in the report carried by Kontan. On October 16, 2026, the stock was quoted at EUR 0.13 at Lang & Schwarz.
Next reporting date
TradingView lists November 4, 2026 as the next earnings date. That release should show whether the second-quarter profit level carried into the third quarter.
Price stays tied to earnings
For investors, the key balance is clear: the IDR 3,100 target depends on stronger poultry pricing translating into sustainable margins, while the IDR 1.13 trillion second-quarter net income provides the latest reported benchmark. The stock was trading at EUR 0.13 at Lang & Schwarz on October 16, 2026 at 10:51 a.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Charoen Pokphand Indonesia stock.
Charoen Pokphand Indonesia at a glance
- Company: PT Charoen Pokphand Indonesia Tbk
- ISIN: ID1000117708
- Ticker: CPIN.JK
- Primary exchange: IDX
- Price Lang & Schwarz (as of October 16, 2026, 10:51 a.m. CEST): EUR 0.13
- Sector / Industry: Consumer Staples / Poultry and animal feed
- Market capitalization: IDR 49.0 trillion (as of October 16, 2026)
- Next earnings date: November 4, 2026
Market context: Market report IDX Composite.
