Charoen Pokphand Indonesia, ID1000117708

BRI Danareksa maintains Buy view on Charoen Pokphand Indonesia stock

Published on 10/13/2026 at 10:07 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

BRI Danareksa maintains an IDR 4,100 target on October 7, 2026. Charoen Pokphand Indonesia stock was EUR 0.15 on October 13, 2026.

Key points in brief

BRI Danareksa Sekuritas maintained a Buy recommendation and set an IDR 4,100 target on October 7, 2026.
First-half 2026 net income reached IDR 3.71 trillion, up 95.10 percent year over year.
Charoen Pokphand Indonesia stock was EUR 0.15 at Lang & Schwarz on October 13, 2026 at 10:01 a.m. CEST.
The company trades as CPIN on the Indonesia Stock Exchange and is included in the LQ45 index.

Charoen Pokphand Indonesia, ID1000117708, Illustration mit AI erstellt.

BRI Danareksa Sekuritas maintained its Buy recommendation and set an IDR 4,100 target for Charoen Pokphand Indonesia on October 7, 2026, according to InvestorTrust. The stock was EUR 0.15 at Lang & Schwarz on October 13, 2026 at 10:01 a.m. CEST.

Three figures shaped the outlook

On September 28, 2026, first-half 2026 net income reached IDR 3.71 trillion, up 95.10 percent from IDR 1.90 trillion a year earlier, CNBC Indonesia reported. Revenue rose 19.21 percent to IDR 39.41 trillion from IDR 33.06 trillion, while earnings per share increased to IDR 226 from IDR 116.

On October 6, 2026, Kontan reported a CGS International estimate of IDR 1.10 trillion for third-quarter 2026 net income. The estimate represented 77 percent of the full-year consensus forecast for CPIN, while higher broiler and day-old chick prices were expected to support margins.

What does the target mean for earnings?

BRI Danareksa also raised its 2026 revenue projection from IDR 76.40 trillion to IDR 80.24 trillion and its net income estimate from IDR 6.26 trillion to IDR 6.71 trillion, according to InvestorTrust. The revisions put the analyst view on both sales and earnings above its earlier 2026 assumptions.

The operating equation remains sensitive to feed costs. Kontan reported that only about one-third of the recent feed-cost increase had been passed through to customers in the third quarter, leaving margin improvement dependent on sustained poultry prices.

Stock trades in a weak market

Charoen Pokphand Indonesia trades as CPIN on the Indonesia Stock Exchange and is part of the LQ45 index. The company produces poultry feed, day-old chicks and processed food, giving the earnings outlook exposure to both input costs and consumer demand.

The October 13, 2026 market context was cautious, with CPIN among the LQ45 names under pressure at the opening, according to Bisnis.com. That contrast leaves the key investor question with earnings execution: whether higher poultry prices can continue to offset feed inflation.