Indofood CBP stock: IDR 9,000 target sits 42.86 percent above Indofood CBP stock

Published on 10/16/2026 at 18:02 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First-half revenue reached IDR 41.9 trillion on October 7, 2026. Indofood CBP stock costs EUR 0.31 on October 16, 2026 at 5:57 p.m. CEST.

Analyst view and reporting date

Phillip Securities Research maintained an IDR 9,000 target in its October 7, 2026 report.
First-half 2026 revenue reached IDR 41.9 trillion after growing 11.3 percent year over year.
Indofood CBP stock costs EUR 0.31 at Lang & Schwarz on October 16, 2026 at 5:57 p.m. CEST.
Investing.com lists October 29, 2026 as the expected earnings date.

Indofood CBP, ID1000116700, Illustration mit AI erstellt.

Indofood CBP (ISIN ID1000116700) has an IDR 9,000 target from Phillip Securities Research, which equals 42.86 percent above the IDR 6,300 Jakarta price on October 16, 2026. In its October 7, 2026 report, StocksBNB said Phillip Securities Research maintained its Buy rating and IDR 9,000 target. Indofood CBP stock was at EUR 0.31 at Lang & Schwarz on October 16, 2026 at 5:57 p.m. CEST.

First-half revenue reached IDR 41.9 trillion

The report said revenue rose 11.3 percent year over year to IDR 41.9 trillion in the first half of 2026. Export revenue increased 21.9 percent to IDR 13.4 trillion, while noodles remained the largest business with revenue of IDR 30.3 trillion, up 11.2 percent year over year.

The earnings mix was less favorable. Net profit fell 33.1 percent year over year to IDR 3.7 trillion in the first half of 2026, while net foreign-exchange losses rose to IDR 2.9 trillion from IDR 227.3 billion a year earlier. Net profit margin consequently declined to 8.8 percent from 14.7 percent.

What comes with the IDR 9,000 target?

Phillip Securities Research based its target on a discounted-cash-flow valuation and cited international expansion, brand strength and overseas sales as supporting factors. The same report identified raw-material prices, consumer purchasing power and exchange-rate movements as risks. Its forecast called for fiscal 2026 revenue of IDR 78.5 trillion, up 4.9 percent year over year.

Market position and valuation

Finance figures dated October 16, 2026 put Indofood CBP's market capitalization at IDR 73.5 trillion and its P/E ratio at 9.94. The Jakarta listing's 52-week range was IDR 5,925.00 to IDR 9,550.00, with the current IDR 6,300 price inside that span.

Investing.com lists October 29, 2026 as the expected earnings date and reports an average 12-month target of IDR 9,496 based on 23 analysts, with 19 Buy ratings, 4 Holds and 0 Sells. The site also lists a 3.79 percent dividend yield and a P/E ratio of 11.00. Investing.com identifies the security as listed on the Jakarta Stock Exchange under ticker ICBP.

Comparison with peers

Indofood CBP: P/E 9.94, market capitalization IDR 73.5 trillion.

Indofood Sukses Makmur (IDX, IDR): minus 4.68 percent, P/E 6.08, market capitalization IDR 58.2 trillion.

Mayora Indah (IDX, IDR): minus 6.80 percent, P/E 9.00, market capitalization IDR 30.4 trillion.

Price and reporting date

The investor picture combines a target 42.86 percent above the latest Jakarta price with a reporting date on October 29, 2026. The latest euro quote was EUR 0.31 at Lang & Schwarz on October 16, 2026 at 5:57 p.m. CEST.

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