Reliance set an IDR 206 target for Surya Citra Media stock

Published on 10/13/2026 at 09:57 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue reached IDR 1.68 trillion, while net income was IDR 228.81 billion. Surya Citra Media stock reports earnings on October 29, 2026.

Reliance Sekuritas set an IDR 206 target for Surya Citra Media on October 8, 2026.
Second-quarter revenue fell to IDR 1.68 trillion and net income to IDR 228.81 billion.
SCMA.JK was quoted at IDR 176.00 on October 13, 2026, with an IDR 11.2 trillion market value.
The next scheduled earnings date is October 29, 2026.

Surya Citra Media, ID1000125305, Illustration mit AI erstellt.

Reliance Sekuritas set an IDR 206 target for Surya Citra Media stock on October 8, 2026, according to Investortrust.id. The target stands 17.05 percent above the IDR 176.00 home-market quote dated October 13, 2026.

Three events shape the stock

On June 30, 2026, Surya Citra Media reported second-quarter revenue of IDR 1.68 trillion and net income of IDR 228.81 billion, according to Investing.com. On October 5, 2026, its SCTV and Indosiar operations were connected to exclusive rights for 21 tournament matches, as Investing.com reported.

On October 8, 2026, Investortrust.id reported that Reliance Sekuritas included SCMA among its preferred stocks and assigned the IDR 206 target. The target gives the latest market quote a concrete valuation comparison rather than relying on a general sector signal.

What does the target imply for valuation

The IDR 206 target is 17.05 percent above the IDR 176.00 quote, using the same Indonesian rupiah currency. That gap is narrower than the stock's full 52-week span from IDR 161.00 to IDR 454.00, so the target sits closer to the lower end of the annual range.

The second-quarter figures show a sequential slowdown: revenue declined from IDR 1.86 trillion in the first quarter of 2026 to IDR 1.68 trillion in the second quarter, while net income fell from IDR 307.63 billion to IDR 228.81 billion, according to Investing.com. The revenue decrease was IDR 180.93 billion, while the net income decrease was IDR 78.82 billion.

Earnings date sets the next test

Surya Citra Media's next scheduled earnings date is October 29, 2026, according to Investing.com. The report will give investors a clearer basis for judging whether the 21-match broadcast exposure translated into stronger quarterly revenue or profit.

IDR 176 quote and IDR 11.2 trillion value

SCMA.JK was quoted at IDR 176.00 on October 13, 2026 at 2:43 p.m. WIB. Market capitalization stood at IDR 11.2 trillion, with a 52-week range of IDR 161.00 to IDR 454.00.