PT Kalbe Farma Tbk. (IDX:KLBF)
Indonesia flag Indonesia · Delayed Price · Currency is IDR
700.00
-10.00 (-1.41%)
Jun 19, 2026, 4:12 PM WIB

PT Kalbe Farma Tbk. Stock Forecast

Stock Price Forecast

According to 17 analysts polled by S&P Global, PT Kalbe Farma Tbk. stock has a consensus rating of "Strong Buy" and an average price target of Rp 1,325. The average 1-year stock price forecast is 89.29% higher than the current stock price, while the lowest is Rp 860.00 (+22.86%) and the highest is Rp 1,975 (+182.14%).

Price Target: Rp 1,325 (+89.29%)
Analyst Consensus: Strong Buy
TargetLowAverageMedianHigh
PriceRp 860.00Rp 1,325Rp 1,210Rp 1,975
Change+22.86%+89.29%+72.86%+182.14%

Analyst Ratings

The average analyst rating for PT Kalbe Farma Tbk. 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

RatingJan '26Feb '26Mar '26Apr '26May '26Jun '26
Strong Buy121111121212
Buy233333
Hold222122
Sell000000
Strong Sell000000
Total161616161717

Financial Forecast

Revenue This Year
38.15T
from 35.32T
Increased by 8.00%
Revenue Next Year
41.40T
from 38.15T
Increased by 8.52%
EPS This Year
78.50
from 80.51
Decreased by -2.50%
EPS Next Year
87.95
from 78.50
Increased by 12.04%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
26.26T28.93T30.45T32.63T35.32T38.15T
Revenue Growth
13.62%10.18%5.24%7.16%8.27%8.00%
Gross Profit
11.11T11.52T11.55T12.72T13.79T15.11T
Gross Margin
42.29%39.81%37.94%38.99%39.05%39.60%
Operating Income
4.03T4.25T3.65T4.10T4.58T4.64T
Net Income
3.18T3.38T2.77T3.24T3.66T3.71T
EPS
----80.5178.50
EPS Growth
----14.75%-2.50%
Forward PE
22.8325.3419.7218.6514.588.92
Dividend / Share
35.0038.0031.0036.00-36.64
Free Cash Flow
1.27T-725.10B1.26T3.17T2.51T2.42T
No. Analysts
-----13
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is IDR.

Revenue Forecast

Revenue202620272028
High38.9T
Avg38.1T
Low37.7T

Revenue Growth

Revenue Growth202620272028
High
10.0%
Avg
8.0%
Low
6.6%

EPS Forecast

EPS202620272028
High81.28
Avg78.50
Low71.83

EPS Growth

EPS Growth202620272028
High
1.0%
Avg
-2.5%
Low
-10.8%