PT Telekomunikasi Indonesia, Tbk (NYSE:TLK) Stock Price Down 5% – Here’s Why

Posted by Francis Steltz on May 22nd, 2026

PT Telekomunikasi Indonesia, Tbk (NYSE:TLK – Get Free Report)’s stock price dropped 5% during trading on Friday . The stock traded as low as $16.33 and last traded at $16.2950. Approximately 435,552 shares changed hands during mid-day trading, a decline of 40% from the average daily volume of 725,929 shares. The stock had previously closed at $17.16.

Wall Street Analyst Weigh In

TLK has been the topic of several research reports. Zacks Research downgraded shares of PT Telekomunikasi Indonesia, Tbk from a “hold” rating to a “strong sell” rating in a report on Thursday, May 14th. Weiss Ratings cut shares of PT Telekomunikasi Indonesia, Tbk from a “sell (d+)” rating to a “sell (d)” rating in a research report on Thursday, May 14th. One analyst has rated the stock with a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Sell”.

View Our Latest Stock Report on TLK

PT Telekomunikasi Indonesia, Tbk Stock Performance

The stock’s 50-day moving average price is $17.85 and its 200-day moving average price is $20.00. The company has a market cap of $16.20 billion, a P/E ratio of 12.11, a PEG ratio of 4.66 and a beta of 0.36. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.84 and a quick ratio of 0.82.

PT Telekomunikasi Indonesia, Tbk (NYSE:TLK – Get Free Report) last announced its earnings results on Wednesday, May 27th. The utilities provider reported $1.07 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.42 by $0.65. The company had revenue of $2.22 billion during the quarter, compared to analysts’ expectations of $2.30 billion. PT Telekomunikasi Indonesia, Tbk had a net margin of 14.78% and a return on equity of 13.86%. Equities analysts anticipate that PT Telekomunikasi Indonesia, Tbk will post 1.39 EPS for the current year.

Institutional Investors Weigh In On PT Telekomunikasi Indonesia, Tbk

A number of institutional investors have recently modified their holdings of TLK. Royal Bank of Canada boosted its position in shares of PT Telekomunikasi Indonesia, Tbk by 20.7% in the first quarter. Royal Bank of Canada now owns 366,681 shares of the utilities provider’s stock valued at $5,416,000 after acquiring an additional 62,882 shares during the period. Millennium Management LLC lifted its position in PT Telekomunikasi Indonesia, Tbk by 606.8% during the first quarter. Millennium Management LLC now owns 468,651 shares of the utilities provider’s stock worth $6,922,000 after purchasing an additional 402,344 shares during the period. Goldman Sachs Group Inc. lifted its position in PT Telekomunikasi Indonesia, Tbk by 271.8% during the first quarter. Goldman Sachs Group Inc. now owns 145,652 shares of the utilities provider’s stock worth $2,151,000 after purchasing an additional 106,481 shares during the period. EverSource Wealth Advisors LLC lifted its position in PT Telekomunikasi Indonesia, Tbk by 136.0% during the second quarter. EverSource Wealth Advisors LLC now owns 3,511 shares of the utilities provider’s stock worth $59,000 after purchasing an additional 2,023 shares during the period. Finally, First Trust Advisors LP bought a new stake in PT Telekomunikasi Indonesia, Tbk during the second quarter worth about $513,000.

About PT Telekomunikasi Indonesia, Tbk

(Get Free Report)

PT Telekomunikasi Indonesia, Tbk, commonly known as Telkom Indonesia, is Indonesia’s largest integrated telecommunications provider. The company’s core operations encompass the provision of fixed-line and mobile voice services, broadband internet, and network infrastructure. It serves a broad customer base that includes residential subscribers, businesses, government agencies and wholesale partners, offering connectivity across urban and rural areas of Indonesia.

Telkom’s product and service portfolio spans consumer broadband and digital entertainment, enterprise ICT solutions, managed network services, data center and cloud platforms, and wholesale international connectivity.