Elang Mahkota Teknologi stock falls 2.93 percent on October 7
Published on 10/07/2026 at 09:40 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Elang Mahkota Teknologi (ISIN ID1000113905) was trading at IDR 398 on the Indonesia Stock Exchange on October 7, 2026 at 2:28 p.m. WIB, down 2.93 percent from the previous close. The latest company-linked development is Vidio's Disney+ partnership announced on October 2, 2026.
Vidio adds Disney+ content
According to Investor on October 2, 2026, Vidio introduced the Vidio Ultimate Disney+ All Screen package, combining Disney+ content with local programming and sports. The arrangement also includes a Taste of Disney collection for Vidio subscribers.
The agreement gives Elang Mahkota Teknologi a direct link to Indonesia's streaming market through Vidio, while the group's broader operations span media, healthcare, aviation support, digital products and connectivity services, according to InvestPane.
Q2 revenue falls 14.04 percent
In Q2 2026, revenue was IDR 4,998.378 billion, down 14.04 percent from IDR 5,814.742 billion in Q1 2026. The quarterly statement also showed net income of IDR 15.247 billion after a net loss of IDR 335.850 billion in the prior quarter, according to Investing.com.
The figures point to a sharp quarter-to-quarter earnings swing, but revenue still contracted over the same comparison. For investors, the key question is whether the media and digital businesses can convert new content partnerships into recurring subscriber and advertising revenue.
Stock remains above yearly low
At IDR 398 on October 7, 2026, the stock stood IDR 24 above its 52-week low of IDR 374 and IDR 1,137 below its 52-week high of IDR 1,535. Trading volume reached 14,272,400 shares, while market capitalization was IDR 24.4 trillion.
Elang Mahkota Teknologi's Q2 balance sheet included IDR 19.853 trillion in cash and cash equivalents as of June 30, 2026. The combination of that liquidity position and the Disney+ distribution agreement gives the stock a concrete operating issue to watch alongside the quarterly revenue decline.
Elang Mahkota Teknologi stock at a glance
- Company: PT Elang Mahkota Teknologi Tbk
- ISIN: ID1000113905
- Ticker: EMTK
- Trading venue: Indonesia Stock Exchange
- Price (as of October 7, 2026, 2:28 p.m. WIB): IDR 398
- Market capitalization: IDR 24.4 trillion (as of October 7, 2026)
- 52-week range: IDR 374-1,535 (as of October 7, 2026)
- Sector / Industry: Communication Services / Broadcasting
- Index membership: LQ45
Upcoming dates for Elang Mahkota Teknologi stock
- October 30, 2026: Next earnings
