Telkom Indonesia stock: Bank of America keeps Buy rating for Telkom Indonesia stock

Telkom Indonesia (ISIN US7156841063) received a fresh rating signal as Bank of America Securities maintained its Buy rating on October 21, 2026. Markets Insider reported that analyst Jessie Lo kept the recommendation unchanged. Telkom Indonesia stock was trading at EUR 10.90 at Lang & Schwarz on October 22, 2026 at 4:34 p.m. CEST, up 4.81 percent versus the Tradegate close of October 21, 2026 at EUR 10.40.

First-half revenue rose 3.90 percent

Telkom Indonesia entered the second half of 2026 with measured top-line growth. For the six months ended June 30, 2026, revenue rose 3.90 percent to IDR 75.90 trillion, net income increased 1.40 percent to IDR 10.60 trillion and EBITDA grew 3.80 percent to IDR 37.50 trillion. The EBITDA margin was 49.40 percent. Liputan6 reported those figures on September 22, 2026.

EUR 10.90 versus the Tradegate close

The euro quotation sits EUR 0.50 above the prior German venue close, a gain of 4.81 percent calculated from EUR 10.40. The move places the stock in a stronger short-term position for German investors, while the underlying reporting picture remains one of moderate revenue growth and slightly faster earnings expansion than sales.

NYSE listing and market value

Telkom Indonesia is listed on the NYSE under ticker TLK. Its market capitalization was USD 12.0 billion on October 22, 2026. The same market snapshot put the 52-week range at USD 10.15 to USD 23.52, leaving the current US quotation well above the lower end and below the annual high. The company operates telecommunications, broadband, information technology and data-center businesses in Indonesia and internationally.

Rating meets operating progress

The rating confirmation arrives alongside a first-half result that combines 3.90 percent revenue growth with a 1.40 percent increase in net income. That contrast matters because the 49.40 percent EBITDA margin remained below the full-year target of more than 50 percent cited in the first-half reporting. The next investor checkpoint is the third-quarter reporting cycle, with the business performance and margin trajectory likely to determine whether the rating signal gains further support.

Stock price and investor perspective

Telkom Indonesia stock was trading at EUR 10.90 at Lang & Schwarz on October 22, 2026 at 4:34 p.m. CEST, 4.81 percent above the Tradegate close of October 21, 2026 at EUR 10.40. The market value, half-year revenue and analyst rating give investors three separate reference points for assessing the company.

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

Market context: Market report S&P 500.

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