PT Jasa Marga (Persero) Tbk (IDX:JSMR)

IDX:JSMR Stock Forecast

Stock Price Forecast

According to 13 analysts polled by S&P Global, IDX:JSMR stock has a consensus rating of "Strong Buy" and an average price target of Rp 4,509. The average 1-year stock price forecast is 53.36% higher than the current stock price, while the lowest is Rp 3,450 (+17.35%) and the highest is Rp 5,300 (+80.27%).

Price Target: Rp 4,509 (+53.36%)

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	Rp 3,450	Rp 4,509	Rp 4,590	Rp 5,300
Change	+17.35%	+53.36%	+56.12%	+80.27%

Analyst Ratings

The average analyst rating for IDX:JSMR stock is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating	Jan '26	Feb '26	Mar '26	Apr '26	May '26	Jun '26
Strong Buy	10	10	10	9	9	9
Buy	2	2	2	2	2	2
Hold	1	1	1	2	2	2
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	13	13	13	13	13	13

Financial Forecast

Revenue This Year

21.26T

Decreased by -28.86%

from 29.89T

Revenue Next Year

22.71T

Increased by 6.82%

from 21.26T

EPS This Year

520.06

Increased by 3.19%

from 504.00

EPS Next Year

541.07

Increased by 4.04%

from 520.06

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	15.17T	16.58T	21.32T	31.76T	29.89T	21.26T
Revenue Growth	10.69%	9.32%	28.56%	48.96%	-5.88%	-28.86%
Gross Profit	6.95T	8.02T	9.52T	11.89T	12.41T	12.58T
Gross Margin	45.80%	48.39%	44.65%	37.44%	41.51%	59.17%
Operating Income	4.79T	4.91T	6.94T	9.01T	9.33T	10.11T
Net Income	1.62T	2.75T	6.79T	4.53T	3.66T	3.75T
EPS	-	-	-	-	504.00	520.06
EPS Growth	-	-	-	-	-19.35%	3.19%
Forward PE	20.16	15.94	13.21	8.72	6.34	5.65
Dividend / Share	-	75.69	37.86	-	156.23	119.76
Dividend Growth	-	-	-49.98%	-	-	-23.34%
Free Cash Flow	1.09T	843.60B	1.20T	-3,001.39B	-10,187.51B	-2,180.51B
No. Analysts	-	-	-	-	-	8

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

Revenue Forecast

Revenue	2026	2027	2028
High	21.9T
Avg	21.3T
Low	20.8T

Revenue Growth

Revenue Growth	2026	2027	2028
High	-26.7%
Avg	-28.9%
Low	-30.2%

EPS Forecast

EPS	2026	2027	2028
High	580.50
Avg	520.06
Low	442.70

EPS Growth

EPS Growth	2026	2027	2028
High	15.2%
Avg	3.2%
Low	-12.2%

Data Source: S&P Global Market Intelligence

Price targets, consensus ratings and financial forecasts are provided by S&P Global Market Intelligence. Price targets and consensus ratings update every hour to every three days.

Data Sources Report a data error