KB Valbury sets IDR 12,800 target for Adaro Andalan Indonesia stock

Published on 10/14/2026 at 13:46 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Net income was USD 474 million in first-half 2026, up 11.00 percent. Adaro Andalan Indonesia stock was IDR 11,700 on October 12, 2026.

Analyst target and earnings

KB Valbury analyst Adolf Setiadi set an IDR 12,800 target for Adaro Andalan Indonesia stock on October 4, 2026.
Net income reached USD 474 million in the first half of 2026, up 11.00 percent year over year.
Adaro Andalan Indonesia stock was IDR 11,700 on October 12, 2026.

Adaro Andalan Indonesia, ID1000207509, Illustration mit AI erstellt.

KB Valbury analyst Adolf Setiadi set an IDR 12,800 target for Adaro Andalan Indonesia stock on October 4, 2026, according to Kontan. The same report put first-half 2026 net income at USD 474 million, up 11.00 percent year over year. The stock was IDR 11,700 on October 12, 2026.

First-half earnings support the target

Kontan reported that AADI's first-half 2026 earnings reflected higher average selling prices and a recovery in sales volume. In the second quarter of 2026, average selling price rose to USD 75 per metric ton and sales volume increased 22.00 percent from the prior quarter, while cash cost fell to USD 49 per metric ton.

That combination gives the target a measurable operating foundation, but it also leaves the company exposed to coal prices and execution. The report identified volume delivery, production costs and the sustainability of coal prices as the key variables for the second half of 2026.

Stock remains below its yearly high

The IDR 11,700 price was IDR 1,225 below the IDR 12,925 52-week high, a gap of 9.48 percent. The recorded 52-week low was IDR 6,750, placing the stock IDR 4,950 above that level. The price was also 25.70 percent above the 200-day average of IDR 9,307.60.

Valuation and reporting date

The stock profile lists a trailing price-to-earnings ratio of 6.32 and market capitalization of IDR 91.1 trillion, with a dividend yield of 9.07 percent. It lists October 30, 2026 as the next earnings date and reports 7,920,200 shares traded in the quoted session.

Comparison with peers

Adaro Andalan Indonesia (IDX, IDR, October 13, 2026): minus 0.85 percent, P/E 6.32, market capitalization IDR 91.1 trillion.

Alamtri Resources Indonesia (IDX, IDR, October 14, 2026): minus 0.40 percent, P/E 6.95, market capitalization IDR 72.3 trillion.

Indo Tambangraya Megah (IDX, IDR, October 14, 2026): minus 0.59 percent, P/E 7.76, market capitalization IDR 28.4 trillion.

What the next report will test

The October 30 reporting date will put the first-half operating trend against second-half delivery. The main comparison will be whether lower cash cost and higher volume can offset coal-price sensitivity while the company advances its investment and dividend plans.

Market context: Market report IDX Composite.