MNC Sekuritas keeps IDR 7,500 target for Indofood CBP stock

Published on 10/20/2026 at 09:25 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

MNC Sekuritas keeps an IDR 7,500 target after first-half profit fell 33.10 percent. Indofood CBP stock costs EUR 0.28 on October 20, 2026, alongside IDR 5,650 in Jakarta.

Targets and operating growth

MNC Sekuritas retained an IDR 7,500 target on September 25, 2026.
First-half revenue increased 11.30 percent to IDR 41.90 trillion in 2026.
Indofood CBP stock traded at EUR 0.28 at 9:16 a.m. CEST at Lang & Schwarz on October 20, 2026.

Indofood CBP, ID1000116700, Illustration mit AI erstellt.

Indofood CBP stock (ISIN ID1000116700) traded at EUR 0.28 at Lang & Schwarz on October 20, 2026 at 9:16 a.m. CEST, while MNC Sekuritas retained an IDR 7,500 target on September 25, 2026, according to Kontan. The analyst house kept a Hold recommendation after currency losses weakened reported earnings.

Target stays below Jakarta valuation

POEMS published a research note dated October 7, 2026, maintaining a Buy rating and an IDR 9,000 target. The note identified export growth as a key support for the consumer-goods producer, while citing raw-material prices, consumer purchasing power and exchange rates as risks.

In Jakarta, the stock was quoted at IDR 5,650 on October 20, 2026, compared with an IDR 5,500 to IDR 9,550 52-week range. Market capitalization stood at IDR 65.9 trillion on the same date, and trading volume reached 37,091,500 shares.

What does export growth mean?

POEMS reported first-half 2026 revenue of IDR 41.90 trillion, up 11.30 percent from the prior-year period. Export revenue rose 21.90 percent to IDR 13.40 trillion, giving international sales a larger role in the growth mix.

Three dated operating markers

On September 25, 2026, MNC Sekuritas retained its IDR 7,500 target, as reported by Kontan. On October 7, 2026, POEMS maintained its IDR 9,000 target and highlighted export revenue of IDR 13.40 trillion. On October 20, 2026, the Lang & Schwarz quote showed EUR 0.28 at 9:16 a.m. CEST.

Stock valuation and earnings pressure

First-half 2026 net profit fell 33.10 percent to IDR 3.70 trillion, even as gross profit increased 9.50 percent to IDR 14.40 trillion, according to POEMS. The main pressure came from a net foreign-exchange loss of IDR 2.90 trillion, compared with IDR 227.30 billion in the prior-year period. For investors, the central tension is clear: operating growth is broadening, but currency effects are reducing the earnings conversion.

Next reporting reference

The latest reported period is the first half of 2026, covering the six months ended June 30, 2026. The company publishes quarterly and annual financial results through its investor-communications channels.

Morning quote points lower

Indofood CBP stock was trading at EUR 0.28 at Lang & Schwarz on October 20, 2026 at 9:16 a.m. CEST. In Jakarta, the primary IDX quotation was IDR 5,650 at 7:14 a.m. UTC, equivalent to 2:14 p.m. WIB, with the market open. The further course of trading is shown by the continuously updated real-time quote of Indofood CBP stock.