UOB kept Buy on Astra stock at IDR 7,100.00 target

Published on 10/09/2026 at 12:24 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

UOB's IDR 7,100.00 target used 10.10 times 2026 earnings on October 5, 2026. Astra stock costs EUR 0.24 on October 9, 2026 versus EUR 0.24.

Key points in brief

UOB kept a Buy rating and set an IDR 7,100.00 target for Astra on October 5, 2026.
Astra stock was unchanged at EUR 0.24 at Lang & Schwarz on October 9, 2026.
First-half 2026 net income fell 19.00 percent to IDR 12.53 trillion, while revenue fell 3.00 percent.
Astra will pay an interim dividend of IDR 98.00 per share on October 30, 2026.

Astra, ID1000122807, Illustration mit AI erstellt.

Astra International (ID1000122807) stock was trading at EUR 0.24 at Lang & Schwarz on October 9, 2026 at 12:21 p.m. CEST, unchanged versus the prior close of EUR 0.24. The latest analyst event came from UOB Kay Hian, which kept a Buy rating and an IDR 7,100.00 sum-of-the-parts target in research dated October 5, 2026, according to RCTI Plus.

UOB target tests valuation

UOB's IDR 7,100.00 target implied a 10.10 times price-to-earnings valuation for 2026. The research also identified a possible IDR 8.00 trillion buyback, stronger vehicle demand in the second half of 2026 and the Gaikindo Indonesia International Auto Show as catalysts, while higher rates and weaker consumer purchasing power were listed as risks.

Profit fell in the first half

Astra reported first-half 2026 net income attributable to owners of the parent of IDR 12.53 trillion, down 19.00 percent from IDR 15.51 trillion a year earlier. Consolidated net revenue fell 3.00 percent to IDR 157.91 trillion from IDR 162.86 trillion, according to Katadata. Underlying profit was IDR 14.90 trillion, down 7.00 percent year over year, while the reported result included IDR 2.40 trillion of non-recurring items.

Three recent corporate milestones

On September 10, 2026, Astra set a 45.00 to 50.00 percent dividend payout range from recurring profit and outlined an IDR 8.00 trillion buyback program, as reported by Kompas. On October 2, 2026, the company approved an interim dividend of IDR 3.89 trillion, or IDR 98.00 per share, according to Kontan. UOB's October 5, 2026 target was the latest of the three milestones.

What dates matter for the payout?

The regular-market ex-dividend date is October 13, 2026, while the cash payment is scheduled for October 30, 2026. That timetable gives the IDR 98.00 per-share distribution a concrete near-term corporate calendar, although the reported first-half profit decline remains the counterweight to the valuation case.

Stock holds at EUR 0.24

At Lang & Schwarz, Astra stock was trading at EUR 0.24 on October 9, 2026 at 12:21 p.m. CEST, unchanged from the prior close of EUR 0.24. The IDX-listed ASII quote was IDR 4,820.00 at the October 9, 2026 market snapshot, while the 52-week range was IDR 4,350.00 to IDR 7,475.00 and market capitalization was IDR 193.1 trillion.

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