Phillip Securities keeps IDR 9,000 target for Indofood CBP stock

Published on 10/13/2026 at 09:48 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Phillip set an IDR 9,000 target on October 7, 2026. Indofood CBP stock was EUR 0.35 on October 13, 2026, with IDR 81.3 trillion value.

Phillip Securities Research maintained an IDR 9,000 target for Indofood CBP on October 7, 2026.
First-half 2026 revenue increased 11.3 percent to IDR 41.9 trillion, while net profit declined 33.1 percent to IDR 3.7 trillion.
The Lang & Schwarz euro quote was EUR 0.35 on October 13, 2026 at 9:38 a.m. CEST.
Indofood CBP trades as ICBP.JK on the IDX and had an IDR 81.3 trillion market value on October 13, 2026.

Indofood CBP, ID1000116700, Illustration mit AI erstellt.

Indofood CBP (ID1000116700) was quoted at EUR 0.35 at Lang & Schwarz on October 13, 2026 at 9:38 a.m. CEST. The latest research context is Phillip Securities Research maintaining an IDR 9,000 target on October 7, 2026, according to StocksBNB.

Three results milestones

On July 31, 2026, Indofood CBP reported revenue of IDR 20.15 trillion and earnings per share of IDR 96.48 for the quarter ended June 30, 2026, as listed by Investing.com.
On September 23, 2026, MNC Sekuritas retained a Hold view and set an IDR 7,500 target, reported by Kontan.
On October 7, 2026, Phillip Securities Research maintained its IDR 9,000 target and Buy rating, while identifying raw-material prices, consumer purchasing power and exchange rates as risks, according to StocksBNB.

What drove the profit decline?

The latest half-year figures show a sharp split between operating growth and bottom-line pressure. Revenue rose 11.3 percent to IDR 41.9 trillion in the first half of 2026, while net profit fell 33.1 percent to IDR 3.7 trillion, according to StocksBNB.

Foreign-exchange losses were the central counterweight: the loss reached IDR 2.9 trillion in the first half of 2026, compared with IDR 227.3 billion in the first half of 2025. Gross profit still increased 9.5 percent to IDR 14.4 trillion, but net profit margin declined to 8.8 percent from 14.7 percent.

The operating picture remains supported by international sales. Export revenue rose 21.9 percent to IDR 13.4 trillion in the first half of 2026, while noodles revenue increased 11.2 percent to IDR 30.3 trillion, according to StocksBNB.

Stock quote and investor context

At the IDX, Indofood CBP was last quoted at IDR 6,975 on October 13, 2026 at 2:36 p.m. WIB. Its market capitalization was IDR 81.3 trillion, while the 52-week range was IDR 5,925 to IDR 9,550.

The euro quote from Lang & Schwarz stood at EUR 0.35 on October 13, 2026 at 9:38 a.m. CEST. The differing currencies and venues mean the IDX quotation and the Lang & Schwarz quote are separate reference points.

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