JPMorgan targets Astra stock at IDR 6,450

Published on 10/14/2026 at 12:41 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Astra sold 334,987 vehicles, up 12.60 percent, through September 2026. Astra stock costs EUR 0.24 on October 14, 2026 at 12:36 p.m. CEST, up 1.26 percent on the IDX.

J.P. Morgan target and trading metrics

On October 14, 2026, J.P. Morgan gave Astra an IDR 6,450 target.
Astra sold 334,987 vehicles in the first nine months of 2026, up 12.60 percent year over year.
Astra stock costs EUR 0.24 at Lang & Schwarz on October 14, 2026 at 12:36 p.m. CEST, up 1.26 percent on the IDX.
Astra has a 6.50 price-to-earnings ratio and IDR 192.7 trillion market capitalization.

Astra, ID1000122807, Illustration mit AI erstellt.

J.P. Morgan Sekuritas assigned an overweight rating and an IDR 6,450 target to Astra on October 14, 2026, according to Kontan. Against the IDX price of IDR 4,810, the target stands 34.10 percent higher. Lang & Schwarz quoted Astra at EUR 0.24 on October 14, 2026 at 12:36 p.m. CEST.

Vehicle sales accelerate

Astra sold 334,987 four-wheel vehicles excluding low-cost green cars from January through September 2026, up 12.60 percent from the same period in 2025, Kontan reported. September sales were 36,723 units, below 36,824 units in August and 39,069 units in July 2026.

The figures put the analyst target in perspective. Astra's vehicle volume is expanding year over year, while monthly sales declined in September, leaving the valuation sensitive to the durability of demand in the final quarter.

Valuation stays measurable

Astra's price-to-earnings ratio was 6.50 on October 14, 2026, while its market capitalization was IDR 192.7 trillion. The trailing dividend yield was 0.08 percent on the same date, giving the stock a low-income profile despite its broad business mix.

The company operates across automotive, financial services, heavy equipment, mining, agriculture, infrastructure, logistics, information technology and property. Astra's investor-relations page lists 40,483,553,140 shares outstanding as of September 30, 2026, according to Astra.

Comparison with peers

Astra (IDX, IDR): plus 1.26 percent, P/E 6.50, market capitalization IDR 192.7 trillion (October 14, 2026).

United Tractors (IDX, IDR): plus 0.81 percent, P/E 11.77, market capitalization IDR 87.3 trillion (October 14, 2026).

Indomobil Sukses Internasional (IDX, IDR): plus 1.81 percent, P/E 33.65, market capitalization IDR 3.4 trillion (October 14, 2026).

Euro quote and daily move

Astra was quoted at EUR 0.24 by Lang & Schwarz on October 14, 2026 at 12:36 p.m. CEST. Its IDX price was IDR 4,810 on October 14, 2026, up 1.26 percent from IDR 4,750.

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