Mirae Asset raises target to IDR 3,850 for Indosat Ooredoo Hutchison stock

Published on 10/14/2026 at 10:20 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Mirae Asset targets IDR 3,850 from IDR 2,700 on October 14, 2026. Indosat Ooredoo Hutchison stock costs EUR 0.10 on October 14, 2026.

AI expansion and valuation reset

Mirae Asset set an IDR 3,850 target on October 14, 2026, up from IDR 2,700.
Indosat's platform brings more than 300 AI models together through one interface.
Indosat Ooredoo Hutchison stock traded at EUR 0.10 at 10:06 a.m. CEST at Lang & Schwarz on October 14, 2026.
Market capitalization stood at IDR 67.7 trillion on October 14, 2026.

Indosat Ooredoo Hutchison, ID1000097405, Illustration mit AI erstellt.

Indosat Ooredoo Hutchison (ID1000097405) received a higher IDR 3,850 price target from Mirae Asset on October 14, 2026, up from IDR 2,700. Kompas reports that Mirae Asset linked the valuation reset to two new businesses, Zankore and Infra Fiber Teknologi.

Three dated business steps

On September 29, 2026, Indosat described Zankore's 200 megawatts of secured AI capacity and RAIA Grid's 86,000 kilometers of fiber in its investor communication. The figures frame the company's strategy as an infrastructure buildout rather than a mobile-only growth story.

On October 9, 2026, Indosat and F5 announced the Indosat Intelligence Suite. According to Indosat, the platform combines more than 300 open and closed AI models through one interface and targets enterprise access to AI infrastructure.

What could the new businesses add?

Mirae Asset estimates that Zankore and Infra Fiber Teknologi could contribute IDR 1.2 trillion to IDR 2.5 trillion in net income during 2027 and 2028, according to Kompas. The same report identifies slower AI demand and project execution as risks, keeping the target dependent on delivery rather than capacity alone.

Indosat's second-quarter 2026 revenue reached IDR 15.0 trillion, up 14.00 percent from the second quarter of 2025, while net income rose 175.00 percent to IDR 2.82 trillion, according to Simply Wall St. The earnings comparison gives the new valuation story an operating reference, although the AI businesses remain forward-looking.

Stock value and trading venue

Indosat Ooredoo Hutchison's market capitalization was IDR 67.7 trillion on October 14, 2026. The company trades on the IDX under ticker ISAT and operates in communication services, according to Global Banking and Finance Review.

At Lang & Schwarz, the stock was trading at EUR 0.10 on October 14, 2026 at 10:06 a.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Indosat Ooredoo Hutchison stock.