IDX:EXCL Stock Forecast

Stock Price Forecast

According to 21 analysts polled by S&P Global, IDX:EXCL stock has a consensus rating of "Buy" and an average price target of Rp 3,228. The average 1-year stock price forecast is 28.59% higher than the current stock price, while the lowest is Rp 1,600 (-36.25%) and the highest is Rp 4,500 (+79.28%).

Price Target: Rp 3,228 (+28.59%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	Rp 1,600	Rp 3,228	Rp 3,400	Rp 4,500
Change	-36.25%	+28.59%	+35.46%	+79.28%

Analyst Ratings

The average analyst rating for IDX:EXCL stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Jan '26	Feb '26	Mar '26	Apr '26	May '26	Jun '26
Strong Buy	9	10	10	10	11	11
Buy	2	1	1	1	1	1
Hold	3	4	4	4	4	4
Sell	2	2	2	2	2	2
Strong Sell	4	3	3	3	3	3
Total	20	20	20	20	21	21

Financial Forecast

Revenue This Year

46.63T

from 42.45T

9.85%

from 42.45T

Revenue Next Year

48.97T

from 46.63T

5.03%

from 46.63T

EPS This Year

-119.32

from -276.00

EPS Next Year

172.91

from -119.32

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	26.75T	29.14T	32.32T	34.39T	42.45T	46.63T
Revenue Growth	2.86%	8.93%	10.91%	6.40%	23.42%	9.85%
Operating Income	3.56T	3.91T	4.38T	5.59T	-233.16B	2.87T
Net Income	1.29T	1.10T	1.26T	1.82T	-4,426.62B	-1,895.11B
EPS	-	-	-	-	-276.00	-119.32
Dividend / Share	51.00	42.00	48.60	244.70	-	-
Free Cash Flow	4.79T	2.86T	-1,042.00B	2.16T	9.49T	4.29T
No. Analysts	-	-	-	-	-	20

EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is IDR.

Revenue Forecast

Revenue	2026	2027	2028
High	50.2T
Avg	46.6T
Low	44.1T

Revenue Growth

Revenue Growth	2026	2027	2028
High	18.3%
Avg	9.8%
Low	3.8%

EPS Forecast

EPS	2026	2027	2028
High	-93.00
Avg	-119.32
Low	-155.10

EPS Growth

EPS Growth	2026	2027	2028
High	-
Avg	-
Low	-