Vale Indo stock: MNC Sekuritas targets IDR 3,840.00 for Vale Indo stock

Published on 10/19/2026 at 15:33 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Vale Indo ranged IDR 3,210.00 to IDR 3,730.00 on October 19, 2026. Vale Indo stock costs EUR 0.18 on October 19, 2026, plus 4.93 percent on IDX.

Analyst target and price position

MNC Sekuritas assigned an IDR 3,840.00 target to Vale Indo on October 19, 2026.
First-half 2026 production reached 27,659 tons of nickel matte.
Vale Indo stock costs EUR 0.18 at Lang & Schwarz on October 19, 2026 at 3:29 p.m. CEST, plus 4.93 percent on the IDX.
Vale Indo carried a price-to-earnings ratio of 13.88 and market capitalization of IDR 38.2 trillion.

Vale Indo, ID1000109309, Illustration mit AI erstellt.

PT Vale Indonesia Tbk (ID1000109309) received an IDR 3,840.00 target from MNC Sekuritas on October 19, 2026, while a second target stood at IDR 4,190.00. The stock last stood at IDR 3,620.00 on the IDX on October 19, 2026 at 4:14 p.m. WIB, up 4.93 percent on the day. At Lang & Schwarz, Vale Indo was trading at EUR 0.18 on October 19, 2026 at 3:29 p.m. CEST.

MNC Sekuritas sets IDR 3,840.00 target

According to Liputan6, MNC Sekuritas described INCO as a buy-on-weakness candidate and set target levels of IDR 3,840.00 and IDR 4,190.00. The lower target is 6.08 percent above the IDX price of IDR 3,620.00, calculated in the same currency.

Price range reaches IDR 3,730.00

The IDX quote ranged from IDR 3,210.00 to IDR 3,730.00 on October 19, 2026. The current level was 54.18 percent below the 52-week high of IDR 7,900.00 and 12.77 percent above the 52-week low of IDR 3,210.00. Trading volume reached 38,837,500 shares, compared with an average volume of 14,810,384 shares.

First-half output reached 27,659 tons

Kompas reported that Vale Indonesia produced 27,659 tons of nickel matte and 2.5 million wet metric tons of saprolite ore in the first half of 2026. Revenue for that period reached USD 543.00 million. The figures give the market move a business backdrop without changing the stock's separate price signal.

Valuation uses 13.88 times earnings

Vale Indonesia had a market capitalization of IDR 38.2 trillion and a price-to-earnings ratio of 13.88 as of October 19, 2026. Its dividend yield was 0.02 percent. The company's primary listing is on the IDX under ticker INCO, and its business centers on nickel mining and processing in Indonesia.

Comparison with peers

Vale Indo (IDX, IDR): plus 4.93 percent, P/E 13.88, market capitalization IDR 38.2 trillion.
PT ANTAM (IDX, IDR): minus 2.75 percent, P/E 6.70, market capitalization IDR 59.6 trillion.
PT TIMAH (IDX, IDR): minus 4.79 percent, P/E 6.75, market capitalization IDR 25.2 trillion.

Price holds above the daily low

The combination of a 4.93 percent IDX advance and a wide IDR 520.00 intraday range leaves the stock below its yearly high despite the stronger session. The analyst targets provide the clearest dated reference for the next valuation discussion.

Vale Indo was trading at EUR 0.18 at Lang & Schwarz on October 19, 2026 at 3:29 p.m. CEST, plus 4.93 percent on the IDX on the same date.

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