FAC Sekuritas sets IDR 270 target for Surya Citra Media stock

Published on 10/19/2026 at 09:17 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First-half revenue reached IDR 3.55 trillion on June 30, 2026. Surya Citra Media stock posted IDR 536.44 billion net income for the period.

Targets and reporting dates

FAC Sekuritas set an IDR 270 target on October 14, 2026.
First-half 2026 revenue rose to IDR 3.55 trillion and net income reached IDR 536.44 billion.
Surya Citra Media is scheduled to report third-quarter results on October 29, 2026.

Surya Citra Media, ID1000125305, Illustration mit AI erstellt.

Surya Citra Media (ISIN ID1000125305) received an IDR 270 target from FAC Sekuritas in a note dated October 14, 2026. The IDX quote was IDR 138.00 on October 19, 2026, while first-half revenue and net income provide the stronger test for the target.

Three events shape the story

On September 15, 2026, Emtek Media announced exclusive rights to 21 tournament matches, according to Investing.com. On October 8, 2026, Reliance Sekuritas set an IDR 206 target, InvestorTrust reported. On October 14, 2026, FAC Sekuritas set the IDR 270 target and detailed the latest first-half figures.

What supports the IDR 270 target?

FAC Sekuritas said revenue increased 6.73 percent year over year to IDR 3.55 trillion in the first half of 2026, from IDR 3.32 trillion in the first half of 2025. Net income rose 67.26 percent to IDR 536.44 billion from IDR 320.72 billion. The comparison points to operating leverage rather than revenue growth alone.

The report also identified different growth rates across the business. Television and platform revenue rose 1.83 percent to IDR 2.37 trillion, while digital revenue increased 9.22 percent to IDR 1.06 trillion. Marketing services revenue gained 29.12 percent to IDR 408.05 billion. Content creation revenue declined 3.77 percent to IDR 800.28 billion.

Next reporting date

Surya Citra Media is scheduled to report third-quarter results on October 29, 2026, according to Investing.com. The report will offer the first results period containing the closing matches of the tournament, while the October 14 research note projected full-year 2026 net income at IDR 1.00 trillion.

Valuation meets a weaker tape

The latest quote puts the stock at IDR 138.00 on the IDX on October 19, 2026 at 2:05 p.m. WIB. The same quote showed an IDR 138.00 to IDR 454.00 52-week range and market capitalization of IDR 8.8 trillion, leaving the lower end of the range as the immediate reference point for the October 29 results.