Vale Indo stock falls 2.08 percent as profit rises 313.5 percent

Published on 10/07/2026 at 09:45 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Vale Indo stock trades at IDR 4,230 on October 7, 2026, while first-half net profit reached USD 104.37 million. Revenue rose 27.3 percent year over year to USD 543.06 million.

Vale Indo, ID1000109309, Illustration mit AI erstellt.

Vale Indo (ISIN ID1000109309) was trading at IDR 4,230 on the IDX at 2:33 p.m. WIB on October 7, 2026, down 2.08 percent from the prior close. The company enters the session with first-half net profit of USD 104.37 million, up 313.5 percent year over year, according to IDN Times on September 10, 2026.

Profit growth meets a weaker session

The earnings improvement is visible in the revenue base. First-half revenue reached USD 543.06 million, compared with USD 426.73 million in the same period of 2025, a 27.3 percent increase, while EBITDA rose to USD 196 million, up 113 percent year over year, IDN Times reported.

For investors, the important shift is operational as well as financial. Second-quarter nickel matte production reached 16,153 metric tons, up 19 percent from 13,620 metric tons in the first quarter, according to ANTARA on September 10, 2026.

Production recovery faces quota risk

Vale Indonesia's average realized nickel matte price reached USD 14,765 per metric ton in the second quarter, up 4 percent quarter over quarter, helping quarterly revenue rise to USD 290 million, up 15 percent from the first quarter, ANTARA reported. The Furnace 3 rebuild completed in June 2026 supports higher utilization, but production remains exposed to ore quotas and nickel prices.

That operating backdrop gives the stock a clear performance test for the second half. The company is targeting 67,645 metric tons of nickel matte production for 2026, while first-half output totaled 29,773 metric tons, leaving 37,872 metric tons for the remaining two quarters, based on the figures reported by ANTARA.

Analyst target stays above the stock

Analyst Harry Su of Samuel Sekuritas Indonesia set a target of IDR 7,300 for INCO in a September 16, 2026 report carried by Kontan. That target lies 72.6 percent above the IDR 4,230 trading price, making production delivery, nickel pricing and project execution the central valuation variables.

The same report identified the recovery of nickel matte output and higher ore sales as potential earnings supports, while global nickel prices, energy costs and mining permits remain material counterweights. The contrast is sharp: reported profit growth is accelerating, but the share price is still 46.5 percent below its 52-week high of IDR 7,900.

Vale Indo stock trades near its daily low

Vale Indo stock was last at IDR 4,230 on the IDX at 2:33 p.m. WIB on October 7, 2026, after moving between IDR 4,230 and IDR 4,330 during the session. Market capitalization stood at IDR 44.6 trillion, with a 52-week range of IDR 3,770 to IDR 7,900.