PT Telekomunikasi Indonesia, Tbk (NYSE:TLK) Shares Gap Up – Should You Buy?

Posted by George Bondi on Oct 22nd, 2026

PT Telekomunikasi Indonesia, Tbk (NYSE:TLK – Get Free Report)’s stock price gapped up before the market opened on Tuesday. The stock had previously closed at $10.45, but opened at $11.30. PT Telekomunikasi Indonesia, Tbk shares last traded at $11.3550, with a volume of 2,005,994 shares traded.

Analysts Set New Price Targets

TLK has been the subject of a number of research reports. Weiss Ratings cut PT Telekomunikasi Indonesia, Tbk from a “sell (d+)” rating to a “sell (d)” rating in a research report on Friday, July 31st. Zacks Research upgraded PT Telekomunikasi Indonesia, Tbk from a “strong sell” rating to a “hold” rating in a research note on Thursday, October 8th. Finally, Wall Street Zen lowered PT Telekomunikasi Indonesia, Tbk from a “buy” rating to a “hold” rating in a research report on Saturday, October 17th. One analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Reduce”.

Check Out Our Latest Research Report on PT Telekomunikasi Indonesia, Tbk

PT Telekomunikasi Indonesia, Tbk Stock Performance

The stock has a market cap of $11.69 billion, a P/E ratio of 11.35, a price-to-earnings-growth ratio of 0.77 and a beta of 0.40. The firm’s 50-day moving average is $13.83 and its two-hundred day moving average is $15.15. The company has a quick ratio of 0.78, a current ratio of 0.79 and a debt-to-equity ratio of 0.20.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. Lazard Asset Management LLC raised its holdings in shares of PT Telekomunikasi Indonesia, Tbk by 23.4% during the 1st quarter. Lazard Asset Management LLC now owns 25,129,891 shares of the utilities provider’s stock valued at $469,426,000 after purchasing an additional 4,770,126 shares in the last quarter. Raiffeisen Bank International AG acquired a new stake in shares of PT Telekomunikasi Indonesia, Tbk in the 2nd quarter valued at $4,784,000. Barometer Capital Management Inc. acquired a new stake in shares of PT Telekomunikasi Indonesia, Tbk in the 1st quarter valued at $6,385,000. Sei Investments Co. boosted its holdings in PT Telekomunikasi Indonesia, Tbk by 1,021.8% in the first quarter. Sei Investments Co. now owns 289,999 shares of the utilities provider’s stock worth $5,417,000 after purchasing an additional 264,148 shares in the last quarter. Finally, Engineers Gate Manager LP boosted its holdings in PT Telekomunikasi Indonesia, Tbk by 288.1% in the second quarter. Engineers Gate Manager LP now owns 118,281 shares of the utilities provider’s stock worth $1,589,000 after purchasing an additional 87,803 shares in the last quarter.

About PT Telekomunikasi Indonesia, Tbk

(Get Free Report)

PT Telekomunikasi Indonesia, Tbk, commonly known as Telkom Indonesia, is Indonesia’s state-controlled telecommunications and digital services company. Through its subsidiaries and business units, the company provides fixed-line voice services, broadband internet, mobile communications, network connectivity, and information and communications technology solutions.

Telkom’s consumer offerings include fixed broadband and digital services marketed under the IndiHome brand, while its mobile business is conducted primarily through Telkomsel, one of Indonesia’s major wireless operators.