Indofood CBP stock gets an IDR 10,800 price target

Published on 10/08/2026 at 09:46 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Indo Premier kept its buy view on October 7, 2026, with an IDR 10,800 target for Indofood CBP stock. First-half sales rose 11.32 percent, while net income fell 33.09 percent.

Indofood CBP, ID1000116700, Illustration mit AI erstellt.

Indofood CBP stock (ISIN ID1000116700) was trading at IDR 6,750 on the IDX on October 8, 2026 at 2:34 p.m. WIB, down 0.37 percent from the prior close of IDR 6,775. The latest company-specific catalyst is an analyst view that keeps the stock supported by sales growth but flags pressure on margins.

Analyst target reaches IDR 10,800

Kontan reported on October 7, 2026 that Indo Premier retained its buy recommendation while lowering its target price to IDR 10,800. Based on the October 8 price, that target is 60.0 percent above IDR 6,750.

The same report cited Phintraco Sekuritas with a 12-month target range of IDR 12,000 to IDR 12,500. The differing targets show that the debate centers less on demand and more on how much higher input costs will affect profitability.

Sales rise as profit absorbs currency loss

Indofood CBP reported first-half 2026 sales of IDR 41.86 trillion, up 11.32 percent from the year-earlier period, while net income fell 33.09 percent to IDR 3.70 trillion, according to Kontan on October 8, 2026.

The report attributed the earnings decline to a first-half foreign-exchange loss of IDR 2.95 trillion, compared with IDR 227.29 billion a year earlier. For investors, the comparison is important because the 11.32 percent sales increase did not translate into bottom-line growth.

Consensus stays above the market price

Investing.com lists a Buy consensus from 23 analysts, with an average 12-month target of IDR 9,496, a high estimate of IDR 14,500 and a low estimate of IDR 6,850. The consensus range therefore places the low estimate only IDR 100 above the October 8 trading price.

The share price remained within an IDR 5,925 to IDR 9,550 52-week range on October 8. Its market capitalization was IDR 78.7 trillion, while volume stood at 1,903,700 shares, giving the stock a market value that remains materially below the analyst average target but close to the published low estimate.

Next results are scheduled for October 29

Investing.com lists October 29, 2026 as Indofood CBP's next earnings date. That report will give investors a fresh test of whether sales momentum can offset currency and input-cost pressure.