BRI Danareksa keeps Buy for Charoen Pokphand Indonesia stock

Charoen Pokphand Indonesia stock (ISIN ID1000117708) was trading at EUR 0.15 at Lang & Schwarz on October 8, 2026, unchanged from the prior close. BRI Danareksa maintained a Buy recommendation and a target of IDR 4,100 in research dated October 7, 2026, according to InvestorTrust.

Forecasts move higher

The research raised BRI Danareksa's 2026 revenue forecast from IDR 76.40 trillion to IDR 80.24 trillion. Its estimated net profit also increased from IDR 6.26 trillion to IDR 6.71 trillion, while projected third-quarter 2026 net profit reached IDR 1.90 trillion, up 68.00 percent from the prior quarter, InvestorTrust reported.

The broker based its view on stronger livebird and day-old chick prices during the third quarter of 2026. It raised its livebird assumption by 3.50 percent to IDR 21,700 per kilogram and its day-old chick assumption by 3.10 percent to IDR 6,000 per bird, while higher feed costs remained a counter-factor.

Half-year profit sets the base

Charoen Pokphand Indonesia reported IDR 39.41 trillion of revenue in the first half of 2026, up 19.21 percent from IDR 33.06 trillion a year earlier. Net profit rose 95.10 percent to IDR 3.71 trillion from IDR 1.90 trillion, and earnings per share increased to IDR 226 from IDR 116, according to CNBC Indonesia.

That earnings base gives the revised forecast a measurable operating cushion, but the second-quarter margin data show why feed prices matter. The company operates across poultry feed, broilers, day-old chicks and processed chicken, making the spread between selling prices and feed inputs central to the outlook.

Next results have a date

InvestPane lists October 29, 2026 as the next earnings date and reports trailing twelve-month revenue of IDR 77.06 trillion with 26.80 percent year-over-year growth, according to InvestPane. Global Banking and Finance Review identifies CPIN.JK as the IDX listing under ISIN ID1000117708, while the stock is also listed as an LQ45 constituent by InvestPane.

Stock is unchanged in pre-market trading

At 9:29 a.m. CEST on October 8, 2026, the Lang & Schwarz quote was EUR 0.15, unchanged versus the prior close of EUR 0.15 on October 7, 2026. The market capitalization was USD 4.1 billion as of October 6, 2026, while the primary-market quote was IDR 2,940.00 on the IDX on October 6, 2026.

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

More news and analyses on Charoen Pokphand Indonesia stock