DBS keeps IDR 7,500 target for Astra stock

Published on 10/16/2026 at 10:39 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Astra sold 334,987 vehicles through September 2026, up 12.60 percent. Astra stock costs EUR 0.21 on October 16, 2026; results are due November 4, 2026.

Astra's next catalysts

DBS maintained an IDR 7,500 target for Astra on October 15, 2026.
Astra sold 334,987 vehicles through September 2026, up 12.60 percent year over year.
Astra stock was trading at EUR 0.21 at 10:35 a.m. CEST at Lang & Schwarz on October 16, 2026.

Astra, ID1000122807, Illustration mit AI erstellt.

Astra (ISIN ID1000122807) sold 334,987 vehicles through September 2026, an increase of 12.60 percent from the same period a year earlier. The update came as Kontan reported the sales figures on October 14, 2026.

DBS keeps IDR 7,500 target

IDXChannel reported on October 15, 2026 that DBS Group Research maintained its recommendation and an IDR 7,500 target for Astra. The report also identified stronger competition from Chinese vehicle manufacturers as a risk to Astra's automotive market share.

The vehicle figure provides a mixed signal. Astra's January to September sales grew 12.60 percent, but September deliveries of 36,723 units were below 36,824 units in August 2026 and 39,069 units in July 2026, according to Kontan.

Three events shaped the stock

On July 17, 2026, Astra received approval for a share buyback program worth up to IDR 8.0 trillion for 12 months, as reported by Liputan6.com. On October 2, 2026, Astra's investor-relations page listed an interim dividend distribution notice. On October 15, 2026, DBS maintained the IDR 7,500 target, making the analyst view the latest of the three dated developments.

When are the next results due?

Astra's next earnings report is scheduled for November 4, 2026, according to the company topic information published for the stock. That date gives investors a defined checkpoint after the first-half earnings decline and the latest vehicle-sales update.

What does the target mean for earnings?

Astra reported IDR 157.9 trillion of consolidated net revenue and IDR 12.5 trillion of net profit for the first half of 2026, down 3.00 percent and 19.00 percent year over year, respectively, according to Liputan6.com. Automotive net profit rose 9.00 percent to IDR 5.9 trillion, while the mining and heavy-equipment segment fell 46.00 percent to IDR 2.7 trillion. Capital spending reached IDR 17.0 trillion against a full-year plan of IDR 36.0 trillion.

Price stays below the analyst target

Astra was trading at EUR 0.21 at Lang & Schwarz on October 16, 2026 at 10:35 a.m. CEST. The euro quote is separate from the IDR 7,500 analyst target because the two figures use different currencies and markets.

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