Solusi Sinergi Digital stock falls 3.10 percent as board vote nears
Published on 10/07/2026 at 10:20 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Solusi Sinergi Digital stock (ISIN ID1000158504) was last at IDR 1,405 on the Jakarta Stock Exchange on October 7, 2026 at 3:08 p.m. WIB, down 3.10 percent from the prior close. The scheduled October 21 shareholder meeting puts the company's board changes at the center of the next trading checkpoint.
Board vote follows two resignations
According to CNBC Indonesia on October 2, 2026, President Commissioner Hashim S. Djojohadikusumo and Director Henny Santoso submitted resignations dated September 29 and October 1, respectively. The extraordinary general meeting is scheduled to decide changes to the board of commissioners and directors.
Management said the resignations did not materially affect operations, legal matters, financial condition or business continuity, according to CNBC Indonesia. The meeting therefore creates a defined governance date while the operating story remains tied to broadband expansion.
Revenue rises as broadband scales
In the first half of 2026, consolidated revenue climbed 206 percent year over year to IDR 1.57 trillion, while telecommunications revenue rose 357 percent to IDR 1.28 trillion, according to TopBusiness in its September 7, 2026 report. The telecommunications unit represented 82 percent of the revenue mix, giving investors a clear measure of how quickly the business is shifting toward connectivity.
First-half EBITDA reached IDR 948.9 billion, up 117 percent year over year, with a 60.4 percent margin. Net income rose 118 percent to IDR 496.8 billion, while fixed broadband customers increased 518 percent to 2.3 million, including 1.85 million FTTH customers and 513,000 5G FWA customers, TopBusiness reported. The combination of subscriber growth and margin expansion is the main counterweight to the governance uncertainty.
Analyst targets remain above market
The consensus published by Investing.com covers 7 analysts and is rated Strong Buy. The average 12-month price target is IDR 3,686, with a high of IDR 4,900 and a low of IDR 2,500; the average target lies 162.35 percent above the IDR 1,405 market price.
Kiwoom Research described WIFI as a speculative buy in its October 1, 2026 technical note, with an entry range of IDR 1,665 to IDR 1,705 and a target range of IDR 1,800 to IDR 1,840, according to Kiwoom Research. Its report also identified oversold momentum and a bearish latest candle, making price confirmation important alongside the fundamental growth figures.
Stock stands below yearly high
Solusi Sinergi Digital stock was last at IDR 1,405 on October 7, 2026, down 3.10 percent, with a session range of IDR 1,395 to IDR 1,465 and a 52-week range of IDR 1,270 to IDR 4,420. The market capitalization was IDR 7.5 trillion and volume reached 16,914,300 shares on the same date.
Solusi Sinergi Digital stock facts
- Company: PT Solusi Sinergi Digital Tbk
- ISIN: ID1000158504
- Ticker: WIFI
- Trading venue: Jakarta Stock Exchange
- Price (as of October 7, 2026, 3:08 p.m. WIB): IDR 1,405
- Market capitalization: IDR 7.5 trillion (as of October 7, 2026)
- 52-week range: IDR 1,270-4,420
- Sector / Industry: Communication Services / Telecommunications Services
Upcoming dates for Solusi Sinergi Digital stock
- October 21, 2026: Extraordinary general meeting of shareholders
- October 29, 2026: Next earnings report
