MNC Sekuritas sets IDR 7,000 target for Indofood stock

Published on 10/08/2026 at 09:36 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue rose 9.50 percent in the first half of 2026. Indofood stock costs EUR 0.35 on October 8, 2026 versus EUR 0.35 at the prior close.

Indofood, ID1000057003, Illustration mit AI erstellt.

Indofood (ID1000057003) was at EUR 0.35 at Lang & Schwarz on October 8, 2026 at 9:31 a.m. CEST, unchanged from the prior close of EUR 0.35. On October 7, 2026, MNC Sekuritas recommended a Buy on Weakness approach for the shares and set targets of IDR 7,000 and IDR 7,100, as Liputan6.com reported.

Targets point to IDR 7,000

The recommendation covered an entry range of IDR 6,775 to IDR 6,825, with a stop-loss level below IDR 6,675. The target range therefore sits above the cited market level of IDR 6,850, giving the technical view a defined upside path and a clear downside threshold.

The recommendation was technical rather than a new company filing. That distinction matters because the targets describe a trading setup, while the latest operating figures provide the fundamental counterweight.

Revenue grows as profit falls

For the first half of 2026, Indofood posted revenue of IDR 65.526 trillion, up 9.50 percent from IDR 59.843 trillion a year earlier. The half-year figures and their year-over-year comparison are listed by MarketScreener.

Net income attributable to shareholders fell 19.08 percent to IDR 4.724 trillion in the same period, while operating profit reached IDR 13.286 trillion. The combination of 9.50 percent revenue growth and a 19.08 percent net-income decline puts cost and finance effects ahead of sales momentum in the near-term reading.

IDX listing keeps the range visible

Indofood trades on the Indonesia Stock Exchange under ticker INDF.JK and ISIN ID1000057003, according to Global Banking and Finance Review. Finance data put the IDX quote at IDR 6,900 on October 8, 2026 at 2:24 p.m. WIB, with a 52-week range of IDR 5,850.00 to IDR 7,600.00 and market capitalization of IDR 60.6 trillion.

At Lang & Schwarz, Indofood was trading at EUR 0.35 on October 8, 2026 at 9:31 a.m. CEST, unchanged versus the Lang & Schwarz prior close of EUR 0.35 on October 7, 2026. The further course of trading is shown by the continuously updated real-time quote of Indofood stock.