Indika Energy stock: At minus 14.88 percent on the IDX, Indika Energy stock falls
Published on 10/16/2026 at 16:27 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSStock falls 14.88 percent on IDX
- Indika Energy finished at IDR 2,060 on October 16, 2026.
- KAF Sekuritas set a HOLD target of IDR 2,500 on October 16, 2026.
- Indika Energy stock costs EUR 0.10 at Lang & Schwarz on October 16, 2026 at 4:07 p.m. CEST, down 14.88 percent versus the IDR 2,420 prior close.
- The next earnings report is scheduled for October 30, 2026.
Indika Energy stock fell 14.88 percent on the Jakarta Stock Exchange to IDR 2,060 on October 16, 2026, versus IDR 2,420 at the previous close. The move came as the Indonesian energy group remained under pressure in a weak session for the local market. At Lang & Schwarz, the stock was trading at EUR 0.10 on October 16, 2026 at 4:07 p.m. CEST.
Target remains above the market
KAF Sekuritas assigned Indika Energy a HOLD rating and a fundamental target of IDR 2,500 on October 16, 2026. That target is IDR 440 above the Jakarta close of IDR 2,060, a 21.36 percent difference.
The same KAF report said first-half 2026 revenue rose 19.90 percent to USD 1.15 billion, while adjusted EBITDA increased 43.80 percent to USD 139.10 million. Net income attributable to the parent was USD 10.20 million for the period.
Price sits above the yearly low
The IDR 2,060 Jakarta quote stood 18.73 percent above the 52-week low of IDR 1,735 and 52.86 percent below the 52-week high of IDR 4,370. Trading volume reached 9,260,000 shares, against an average volume of 25,550,000 shares.
Valuation and earnings date
Indika Energy had a market capitalization of IDR 10.7 trillion and a price-to-earnings ratio of 42.40 on October 16, 2026. The dividend yield was 0.42 percent. Investing.com listed October 30, 2026 as the next earnings date.
Stock position after the selloff
The combination of the sharp daily decline, a 42.40 price-to-earnings ratio and the IDR 2,500 KAF target leaves the stock with several levels for investors to track. The next scheduled report on October 30, 2026 will provide the next dated test for revenue growth and profitability.
At Lang & Schwarz, Indika Energy was trading at EUR 0.10 on October 16, 2026 at 4:07 p.m. CEST. On the Jakarta Stock Exchange, the quote stood at IDR 2,060 on October 16, 2026, down 14.88 percent versus the prior close of IDR 2,420. The further course of trading is shown by the continuously updated real-time quote of Indika Energy stock.
Indika Energy market data
- Company: PT Indika Energy Tbk
- ISIN: ID1000110901
- Ticker: INDY
- Primary exchange: Jakarta Stock Exchange
- Price Lang & Schwarz (as of October 16, 2026, 4:07 p.m. CEST): EUR 0.10
- Change versus prior close on the Jakarta Stock Exchange: minus 14.88 percent
- Market capitalization: IDR 10.7 trillion (as of October 16, 2026)
- 52-week range: IDR 1,735.00-4,370.00 (as of October 16, 2026)
- Sector / Industry: Energy / Coal
- Next earnings date: October 30, 2026
Market context: Market report IDX Composite.
