Ciptadana sets IDR 3,520 target for BNI stock

Published on 10/15/2026 at 11:21 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Ciptadana sets an IDR 3,520 target for BNI stock. BNI stock was EUR 0.17 at Lang & Schwarz on October 15, 2026 beside IDR 3,410 on IDX.

Targets and valuation in three points

Ciptadana assigned an IDR 3,520 target to BNI on October 14, 2026.
Core profit reached IDR 18.50 trillion in the first half of 2026.
BNI stock trades at EUR 0.17 at 11:12 a.m. CEST at Lang & Schwarz on October 15, 2026.
Market capitalization stood at IDR 127.2 trillion as of October 15, 2026.

BNI, ID1000096605, Illustration mit AI erstellt.

BNI (ISIN ID1000096605) received an IDR 3,520 share-price target from Ciptadana Sekuritas Asia on October 14, 2026, according to Bareksa. The target was paired with a speculative-buy view and an IDR 3,400 entry level.

Valuation leaves limited room

The IDR 3,520 target is 3.23 percent above the IDR 3,410 IDX quote on October 15, 2026. That gap is modest compared with the valuation discount described by Kontan, which reported a price-to-earnings ratio of 6.20 and a price-to-book ratio of 0.78 as of October 7, 2026.

What does the target mean for earnings?

BNI's first-half 2026 core profit reached IDR 18.50 trillion. A separate Simply Wall St update dated October 5, 2026 cited IDR 18.50 trillion in pre-provision operating profit, 24.40 percent loan growth and rising digital fees as key supports. The same update said digital channels contributed close to one fifth of fee income.

Three recent valuation signals

On October 3, 2026, a Simply Wall St update put fair value at IDR 3,200 and cited 1.20 percent credit costs in the first half of 2026. On October 10, 2026, another update placed fair value at IDR 4,424.32 and cited 1.90 percent non-performing loans, while Ciptadana's IDR 3,520 target arrived on October 14, 2026.

Next reporting date

Investing.com listed October 26, 2026 as BNI's scheduled third-quarter earnings date. The date gives the valuation debate a near-term test, especially for loan growth, funding costs and credit quality.

BNI valuation and trading view

BNI's market capitalization stood at IDR 127.2 trillion as of October 15, 2026, while its 52-week range was IDR 2,990 to IDR 4,730. The stock was trading at EUR 0.17 at Lang & Schwarz on October 15, 2026 at 11:12 a.m. CEST. The further course of trading is shown by the continuously updated real-time quote of BNI stock.