PT Kalbe Farma Tbk. (IDX:KLBF)
Indonesia flag Indonesia · Delayed Price · Currency is IDR
765.00
-20.00 (-2.55%)
Oct 12, 2026, 4:13 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 1,131. The average 1-year stock price forecast is 47.87% higher than the current stock price, while the lowest is Rp 820.00 (+7.19%) and the highest is Rp 1,700 (+122.22%).

Price Target: Rp 1,131 (+47.87%)
Analyst Consensus: Strong Buy

Price Target

Chart
TargetLowAverageMedianHigh
PriceRp 820.00Rp 1,131Rp 1,100Rp 1,700
Change+7.19%+47.87%+43.79%+122.22%

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
RatingMay '26Jun '26Jul '26Aug '26Sep '26Oct '26
Strong Buy131312121212
Buy333333
Hold222222
Sell000000
Strong Sell000000
Total181817171717

Financial Forecast

Revenue This Year
38.66T
from 35.32T
Increased by 9.43%
Revenue Next Year
41.80T
from 38.66T
Increased by 8.14%
EPS This Year
79.96
from 80.51
Decreased by -0.68%
EPS Next Year
86.94
from 79.96
Increased by 8.73%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
26.26T28.93T30.45T32.63T35.32T38.66T
Revenue Growth
13.62%10.18%5.24%7.16%8.27%9.43%
Gross Profit
11.11T11.52T11.55T12.72T13.79T14.64T
Gross Margin
42.29%39.81%37.94%38.99%39.05%37.88%
Operating Income
4.03T4.25T3.65T4.10T4.58T4.67T
Net Income
3.18T3.38T2.77T3.24T3.66T3.72T
EPS
----80.5179.96
EPS Growth
----14.75%-0.68%
Forward PE
22.8325.3419.7218.6514.589.57
Dividend / Share
35.0038.0031.0036.0020.0034.73
Dividend Growth
25.00%8.57%-18.42%16.13%-44.44%73.63%
Free Cash Flow
----2.54T2.96T
No. Analysts
-----16
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is IDR.

Revenue Forecast

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

Revenue Growth

Revenue Growth202620272028
High
14.4%
Avg
9.4%
Low
6.8%

EPS Forecast

EPS202620272028
High86.00
Avg79.96
Low75.44

EPS Growth

EPS Growth202620272028
High
6.8%
Avg
-0.7%
Low
-6.3%