Reliance sets IDR 206 target for Surya Citra Media stock

Published on 10/09/2026 at 12:37 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Reliance Sekuritas set an IDR 206 target on October 8, 2026. Surya Citra Media stock posted IDR 3.55 trillion revenue in the first half of 2026.

Key points in brief

Reliance Sekuritas set an IDR 206 target for Surya Citra Media on October 8, 2026.
First-half 2026 revenue rose 6.73 percent year over year to IDR 3.55 trillion.
First-half 2026 net income increased 67.26 percent year over year to IDR 536.44 billion.
The next earnings date is October 29, 2026.

Surya Citra Media, ID1000125305, Illustration mit AI erstellt.

Reliance Sekuritas set an IDR 206 target for Surya Citra Media stock on October 8, 2026, according to InvestorTrust. The recommendation puts the analyst target 14.44 percent above the IDR 180.00 market price reported for October 9, 2026.

Profit growth strengthens the case

Surya Citra Media generated IDR 3.55 trillion of revenue in the first half of 2026, up 6.73 percent from IDR 3.32 trillion in the first half of 2025, according to FAC Sekuritas. Net income rose 67.26 percent year over year to IDR 536.44 billion from IDR 320.72 billion, giving the target story a quantified earnings foundation.

The research attributed the improvement to business mix and cost control. Television and platform revenue reached IDR 2.37 trillion, digital revenue IDR 1.06 trillion, and marketing services IDR 408.05 billion in the first half of 2026, while program and broadcast costs fell 2.42 percent year over year to IDR 2.02 trillion.

Three dated signals for SCMA

On September 30, 2026, FAC Sekuritas described SCMA as a Maintain Buy and set a longer-term IDR 270 target, while reporting the first-half revenue and net-income increases. On October 5, 2026, Bisnis.com reported that SCMA rose 4.07 percent to IDR 179.00. On October 8, 2026, Reliance Sekuritas selected SCMA with an IDR 206 target, according to InvestorTrust.

What dates matter next?

The next reported event is scheduled for October 29, 2026, when Surya Citra Media is expected to release earnings, as reported by Investing.com. The third-quarter report will provide the first formal test of whether the company converted its 2026 operating momentum into sustained earnings.

SCMA trades below its yearly high

Surya Citra Media was trading at IDR 180.00 on October 9, 2026 at 4:14 p.m. WIB. Its market capitalization was IDR 11.4 trillion, and its 52-week range was IDR 161.00 to IDR 466.00, placing the price 61.37 percent below the yearly high. The combination of stronger first-half earnings and a wide gap to the yearly high explains why the IDR 206 target is now the key market reference.