Japfa Comfeed Indonesia stock: Mirae Asset keeps IDR 3,300 target for Japfa Comfeed Indonesia stock

Published on 10/21/2026 at 17:02 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter sales reached IDR 17.64 trillion. Japfa Comfeed Indonesia stock costs IDR 1,750.00 on October 21, 2026, up 1.74 percent on IDX.

Analyst target and reporting date

Mirae Asset kept an IDR 3,300.00 target for Japfa Comfeed Indonesia on October 20, 2026.
Second-quarter revenue reached IDR 17.64 trillion and net income was IDR 659.01 billion.
Japfa Comfeed Indonesia stock was last at IDR 1,750.00 on October 21, 2026 at 4:14 p.m. WIB, up 1.74 percent from October 20.
The next earnings report is scheduled for November 2, 2026.

Japfa Comfeed Indonesia, ID1000126907, Illustration mit AI erstellt.

Japfa Comfeed Indonesia is covered by an IDR 3,300.00 target from Mirae Asset Sekuritas Indonesia, which retained its Buy recommendation in research dated October 20, 2026, as Kontan reported. The target stands 88.57 percent above the IDX price of IDR 1,750.00. Japfa Comfeed Indonesia stock was last at IDR 1,750.00 on October 21, 2026 at 4:14 p.m. WIB, up 1.74 percent versus the October 20 close of IDR 1,720.00.

Second-quarter earnings reset the comparison

In the second quarter of 2026, revenue reached IDR 17.64 trillion and net income was IDR 659.01 billion, according to Investing.com. Revenue was 0.41 percent below the first quarter, while net income fell 63.72 percent from IDR 1.82 trillion. The contrast makes margin protection more important than revenue alone.

Stock stays below its yearly high

The October 21 price sits within an IDR 1,605.00 to IDR 2,970.00 52-week range. It is 41.08 percent below the high, while the year-to-date performance was down 40.69 percent through October 20. Trading volume reached 22,690,300 shares, and the session range ran from IDR 1,695.00 to IDR 1,770.00.

Valuation and next reporting date

Japfa Comfeed Indonesia has a price-to-earnings ratio of 3.88 and a market capitalization of IDR 20.5 trillion as of October 21, 2026. TradingView lists November 2, 2026 as the next earnings report date. That date will give investors a fresh test of whether the second-quarter profit decline was temporary.

Comparison with peers

Japfa Comfeed Indonesia: up 1.74 percent, P/E 3.88, market capitalization IDR 20.5 trillion.

Charoen Pokphand Indonesia (IDX, IDR): up 3.79 percent, P/E 6.03, market capitalization IDR 44.9 trillion.

Malindo Feedmill (IDX, IDR): up 0.93 percent, P/E 2.61, market capitalization IDR 1.2 trillion.

Target upside meets earnings risk

The IDR 3,300.00 target offers a large numerical gap to the current IDX price, but the second-quarter earnings comparison points to execution risk. Kontan also reported that higher poultry prices could support margins, while feed costs, weaker chicken prices and foreign selling remain counter-factors.

Japfa Comfeed Indonesia stock was last at IDR 1,750.00 on the IDX on October 21, 2026 at 4:14 p.m. WIB, up 1.74 percent versus the October 20 close of IDR 1,720.00.

Market context: Current market reports.

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