Bank of America keeps Buy on Telkom Indonesia stock

Published on 10/26/2026 at 15:42 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q2 revenue reached IDR 38.69 trillion, up from IDR 36.37 trillion. Telkom Indonesia stock stood at EUR 10.90 on Tradegate October 25, 2026.

Analyst rating and reporting date

Bank of America Securities maintained a Buy rating on October 21, 2026.
Second-quarter revenue reached IDR 38.69 trillion versus IDR 36.37 trillion one year earlier.
Telkom Indonesia stock stood at EUR 10.90 at Tradegate on October 25, 2026.
Quanteia listed October 29, 2026 as the next earnings date.

TLK, US7156841063, Illustration mit AI erstellt.

Telkom Indonesia (ISIN US7156841063) retained a Buy rating from Bank of America Securities on October 21, 2026, according to Markets Insider. The last available euro quotation came from Tradegate at EUR 10.90 on October 25, 2026 at 8:03 p.m. CEST.

Quarterly revenue provides the operating anchor

Telkom Indonesia generated IDR 38.69 trillion of revenue in the second quarter of 2026, compared with IDR 36.37 trillion in the same quarter of 2025. The increase was accompanied by net income of IDR 6.28 trillion, up from IDR 4.92 trillion a year earlier, according to StocksBNB.

The operating margin reached 29.00 percent in the second quarter of 2026, compared with 24.00 percent in the first quarter. Operating profit was IDR 11.20 trillion in the second quarter, while operating cash flow reached IDR 17.57 trillion during the same period.

NYSE listing keeps the valuation in view

Telkom Indonesia is listed on the NYSE under ticker TLK. Its market capitalization was USD 12.1 billion on October 26, 2026, with a price-to-earnings ratio of 12.99 and a trailing dividend yield of 0.10 percent. The primary-exchange quote was USD 12.26 at 10:38 a.m. ET on October 26, 2026.

The available 52-week range was USD 10.15 to USD 23.52 on October 23, 2026. The lower end matters because the stock traded 20.29 percent above that low, while the upper end remained 48.34 percent higher than the quoted price of USD 12.26.

What date comes next for investors?

Quanteia listed October 29, 2026 as Telkom Indonesia's next earnings date and said one analyst covered the estimate for the quarter ending September 30, 2026, according to Quanteia. The date gives the market a near-term checkpoint for revenue, profitability and the digital-infrastructure strategy.

Telecom peers frame the valuation

América Móvil traded at a P/E ratio of 14.78 and a market capitalization of USD 72.0 billion on October 26, 2026. Telefônica Brasil traded at a P/E ratio of 14.32 and a market capitalization of USD 17.3 billion on the same date. Telkom Indonesia's P/E ratio of 12.99 therefore sits below both peer figures, although the companies operate across different national markets.

Tradegate quotation remains the dated euro marker

Telkom Indonesia's last available euro quotation was EUR 10.90 at Tradegate on October 25, 2026 at 8:03 p.m. CEST. The next earnings date is October 29, 2026, while the second-quarter figures provide the latest reported operating comparison.