Phillip keeps IDR 9,000 target for Indofood CBP stock

Published on 10/21/2026 at 11:12 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Phillip Securities keeps an IDR 9,000 target dated October 7, 2026. Indofood CBP stock costs EUR 0.30 on October 21, 2026 at Lang & Schwarz.

Results and research context

Phillip Securities maintained an IDR 9,000 target in its October 7, 2026 report.
First-half 2026 revenue rose 11.3 percent to IDR 41.9 trillion.
Indofood CBP stock trades at EUR 0.30 at 11:06 a.m. CEST at Lang & Schwarz on October 21, 2026.

Indofood CBP, ID1000116700, Illustration mit AI erstellt.

Indofood CBP (ID1000116700) trades at EUR 0.30 at Lang & Schwarz on October 21, 2026. Phillip Securities Research maintained an IDR 9,000 target in a report dated October 7, 2026, putting operational growth beside a sharp decline in first-half net profit.

First-half growth meets currency pressure

Indofood CBP revenue increased 11.3 percent year over year to IDR 41.9 trillion in the first half of 2026, according to POEMS. Export revenue grew 21.9 percent to IDR 13.4 trillion, while the noodles segment remained the largest contributor at IDR 30.3 trillion.

The earnings quality was weaker. Kontan reported that net profit fell 33.09 percent year over year to IDR 3.7 trillion, while financing-related foreign-exchange losses rose to IDR 2.95 trillion from IDR 227.29 billion in the first half of 2025.

Three dates define the stock picture

On October 4, 2026, Kontan reported first-half revenue of IDR 41.86 trillion and net profit of IDR 3.7 trillion; on October 7, 2026, Phillip Securities Research retained an IDR 9,000 target; on October 19, 2026, Indofood CBP closed at IDR 5,875 on the IDX, according to Global Banking and Finance.

What does the target depend on?

Phillip Securities Research said its IDR 9,000 target was based on a discounted cash flow valuation and identified raw-material costs, consumer purchasing power and exchange-rate movements as key risks. Its report projected fiscal 2026 revenue growth of 4.9 percent to IDR 78.5 trillion, below the 11.3 percent first-half growth rate.

When are the next results due?

An estimated next earnings date of October 29, 2026, appears on the company listing page at Yahoo Finance. That date would give investors the next test of revenue growth and the foreign-exchange effect on profit.

Euro quote and Indonesian market context

Indofood CBP stock stood at EUR 0.30 at Lang & Schwarz on October 21, 2026 at 11:06 a.m. CEST. On the IDX, the latest price was IDR 6,075 on October 21, 2026 at 4:00 p.m. WIB; the quoted 52-week range was IDR 5,500 to IDR 9,325 and market capitalization was IDR 70.8 trillion.

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