PT Kalbe Farma Tbk. (IDX:KLBF)
Indonesia flag Indonesia · Delayed Price · Currency is IDR
760.00
-15.00 (-1.94%)
Sep 2, 2026, 11:59 AM 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 1,175. The average 1-year stock price forecast is 54.64% higher than the current stock price, while the lowest is Rp 820.00 (+7.89%) and the highest is Rp 1,700 (+123.68%).

Price Target: Rp 1,175 (+54.64%)
Analyst Consensus: Strong Buy

Price Target

Chart
TargetLowAverageMedianHigh
PriceRp 820.00Rp 1,175Rp 1,100Rp 1,700
Change+7.89%+54.64%+44.74%+123.68%

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

Chart
RatingMar '26Apr '26May '26Jun '26Jul '26Aug '26
Strong Buy111313131212
Buy333333
Hold212222
Sell000000
Strong Sell000000
Total161718181717

Financial Forecast

Revenue This Year
38.65T
from 35.32T
Increased by 9.41%
Revenue Next Year
41.77T
from 38.65T
Increased by 8.09%
EPS This Year
80.22
from 80.51
Decreased by -0.36%
EPS Next Year
86.85
from 80.22
Increased by 8.27%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
26.26T28.93T30.45T32.63T35.32T38.65T
Revenue Growth
13.62%10.18%5.24%7.16%8.27%9.41%
Gross Profit
11.11T11.52T11.55T12.72T13.79T14.57T
Gross Margin
42.29%39.81%37.94%38.99%39.05%37.69%
Operating Income
4.03T4.25T3.65T4.10T4.58T4.68T
Net Income
3.18T3.38T2.77T3.24T3.66T3.74T
EPS
----80.5180.22
EPS Growth
----14.75%-0.36%
Forward PE
22.8325.3419.7218.6514.589.47
Dividend / Share
35.0038.0031.0036.0020.0034.68
Dividend Growth
25.00%8.57%-18.42%16.13%-44.44%73.42%
Free Cash Flow
1.27T-725.10B1.26T3.17T2.51T2.48T
No. Analysts
-----15
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is IDR.

Revenue Forecast

Revenue202620272028
High40.4T
Avg38.6T
Low37.7T

Revenue Growth

Revenue Growth202620272028
High
14.4%
Avg
9.4%
Low
6.8%

EPS Forecast

EPS202620272028
High86.00
Avg80.22
Low75.12

EPS Growth

EPS Growth202620272028
High
6.8%
Avg
-0.4%
Low
-6.7%