Vale Indo stock: Macquarie cuts target to IDR 5,600 for Vale Indo stock

Published on 10/20/2026 at 17:33 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue reached USD 543.00 million in the first half of 2026. Vale Indo stock costs EUR 0.19 on October 20, 2026, while its Jakarta listing rose 3.87 percent to IDR 3,760.

Analyst view and company dates

Macquarie cut its Vale Indonesia target to IDR 5,600 on October 2, 2026.
First-half 2026 revenue reached USD 543.00 million and net profit was USD 104.00 million.
Vale Indo stock cost EUR 0.19 at Lang & Schwarz on October 20, 2026 at 5:28 p.m. CEST.
Vale Indonesia scheduled an extraordinary shareholders meeting for November 18, 2026.

Vale Indo, ID1000109309, Illustration mit AI erstellt.

Vale Indo stock is tied to a lower Macquarie target of IDR 5,600 after the firm reduced its previous IDR 6,500 target on October 2, 2026, according to Investing.com. The target implies 48.94 percent upside from the IDR 3,760 Jakarta price shown for October 20, 2026. At Lang & Schwarz, the stock was trading at EUR 0.19 on October 20, 2026 at 5:28 p.m. CEST.

Half-year profit sets the base

Vale Indonesia reported first-half 2026 revenue of USD 543.00 million and net profit of USD 104.00 million. Kompas said on September 30, 2026 that the company also produced 27,659 tons of nickel matte and 2.50 million wet metric tons of saprolite ore during the period. The reported revenue and profit provide a more concrete operating reference than the target change alone.

Jakarta price remains below the high

The Jakarta listing stood at IDR 3,760 on October 20, 2026 at 4:14 p.m. WIB, up 3.87 percent from IDR 3,620. Its 52-week range was IDR 3,210.00 to IDR 7,900.00, placing the latest Jakarta price 52.68 percent below the high. Trading volume reached 18,269,800 shares on the same date.

Valuation meets a fixed date

Vale Indonesia traded at a price to earnings ratio of 14.48 on October 20, 2026, while its market capitalization was IDR 39.6 trillion. The next clearly dated corporate event is an extraordinary shareholders meeting on November 18, 2026. Stockwatch.id reported on October 12, 2026 that the meeting will be held in a hybrid format. The company set October 26, 2026 as the shareholder registration date, while the meeting notice is due by October 27, 2026.

What the target cut changes

Macquarie's move leaves a target that is below its earlier IDR 6,500 level but above the latest IDR 3,760 Jakarta quote. The operating picture is stronger than the target revision: first-half net profit of USD 104.00 million compares with USD 25.25 million in the prior-year period, according to the report summarized by Kompas. For investors, the key tension is the gap between improved earnings and the lower valuation assumption behind the revised target.

Price and investor perspective

Vale Indo's euro quote was EUR 0.19 at Lang & Schwarz on October 20, 2026 at 5:28 p.m. CEST. The Jakarta listing and the euro quote represent different venues and currencies, so the IDR percentage move is kept separate from the Lang & Schwarz price.

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