Indofood stock: Kiwoom sets IDR 7,200.00-7,350.00 target for Indofood stock
Published on 10/19/2026 at 15:05 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target and reporting date
- Kiwoom Research published an IDR 7,200.00-7,350.00 target on October 7, 2026.
- Second-quarter 2026 revenue reached IDR 31.60 trillion and rose 11.80 percent year over year.
- Indofood stock costs EUR 0.32 at Lang & Schwarz on October 19, 2026 at 3:01 p.m. CEST, down 2.26 percent on the IDX.
- TradingView lists October 29, 2026 as Indofood's next earnings date.
Indofood stock (ID1000057003) is at EUR 0.32 at Lang & Schwarz on October 19, 2026 at 3:01 p.m. CEST, while the IDX session is down 2.26 percent. The separate investor marker is a Kiwoom Research target range of IDR 7,200.00 to IDR 7,350.00, published on October 7, 2026.
The home-market move places Indofood below its October 16, 2026 close of IDR 6,625.00 on the IDX. The euro quotation and the Indonesian share price use different venues and currencies, so the daily move is reported only on its named home-market basis.
Revenue rose in the second quarter
Indofood reported second-quarter 2026 revenue of IDR 31.60 trillion, up 11.80 percent from the same quarter a year earlier but down 6.70 percent from the first quarter. First-half 2026 revenue reached IDR 65.50 trillion, an increase of 9.50 percent year over year, according to Feastin.
The earnings mix also carries a counter-factor. The same report said core profit rose 26.00 percent year over year to IDR 3.10 trillion in the second quarter, while net income fell 33.10 percent year over year to IDR 4.70 trillion because net foreign-exchange losses reached IDR 3.40 trillion.
Price position on October 19
Indofood's IDX quote was IDR 6,475.00 at 4:13 p.m. WIB on October 19, 2026. The session range was IDR 6,350.00 to IDR 6,575.00, and volume reached 21,843,500 shares against an average of 6,169,049 shares. The 52-week range is IDR 5,850.00 to IDR 7,600.00, leaving the quote 14.80 percent below the high and 10.68 percent above the low.
Valuation and the next date
Indofood had a market capitalization of IDR 56.9 trillion and a price-to-earnings ratio of 5.94 on October 19, 2026. Its trailing dividend yield was 0.04 percent. Kiwoom Research published the IDR 7,200.00 to IDR 7,350.00 target range on October 7, 2026. TradingView lists October 29, 2026 as the next earnings date.
Comparison with peers
Indofood: minus 2.26 percent, P/E 5.94, market capitalization IDR 56.9 trillion
Unilever Indonesia (IDX, IDR): minus 4.68 percent, P/E 13.29, market capitalization IDR 50.3 trillion
Mayora Indah (IDX, IDR): minus 1.82 percent, P/E 8.84, market capitalization IDR 29.9 trillion
Euro quote and home-market context
The euro quote sits below the previous Lang & Schwarz close shown in the market snapshot, while the home-market comparison points to a weaker session for Indofood than Mayora Indah but a smaller decline than Unilever Indonesia. The October 29 reporting date gives investors the next scheduled company-specific checkpoint.
The further course of trading is shown by the continuously updated real-time quote of Indofood stock.
Indofood stock facts
- Company: PT Indofood Sukses Makmur Tbk
- ISIN: ID1000057003
- Ticker: INDF
- Primary exchange: Indonesia Stock Exchange
- Price Lang & Schwarz (as of October 19, 2026, 3:01 p.m. CEST): EUR 0.32
- Home-market daily change: minus 2.26 percent on the IDX
- Market capitalization: IDR 56.9 trillion (as of October 19, 2026)
- 52-week range: IDR 5,850.00-7,600.00 (as of October 19, 2026)
- Sector / Industry: Consumer Defensive / Packaged Foods
- Next earnings date: October 29, 2026
Market context: Market report IDX Composite.
