INDOINDOEnergy · Oil & Gas E&P

INDO Stock Forecast: Indonesia Energy Corp. Ltd. Price Predictions for 2026-2027

Last close, 2 Oct 2026
$2.67
−0.74% on the day

Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 24 of 100 as at 2 Oct 2026 — in the weakest quartile.

Market cap
$41.1M
Ticker Nerd rank
24 / 100
Median analyst target
—
Analysts covering
0
Total return, dividends reinvested
1W
−5.0%
1M
−10.7%
YTD
−8.9%
1Y
−8.6%
From 52W high
−60.4%
From 52W low
+7.2%
$2.49
$6.74
52-week range, adjusted closes · the dot is the last close
Ticker Nerd rank

INDO stock analysis: one number for the whole business

Consensus tells you what everyone already believes. The model scores Indonesia Energy Corp. Ltd. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.

Where the model ranks itAs at 2 Oct 2026
24 / 100

Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested

Growth
96
Size
83
Issuance
57
Momentum
37
Accruals
32
Revisions
25
Volatility
25
Quality
5
Value
1

Growth (96): Sales and profits are climbing, and climbing faster than before.

Value (1): The shares cost a lot relative to the profits and assets behind them.

Built and run by Aslam Ghouse, an ex-Goldman Sachs quant trader with fourteen years in markets.

Wall Street

INDO stock forecast 2026-2027: analyst price targets & predictions

The bullish and bearish analyst opinions on INDO, reported as data — targets and ratings, the market's view beside the model's.

Share price and the analyst range, 12 monthsAdjusted close, US dollars
$2.00$2.50$3.00$3.50$4.00$4.50$5.00$5.50Jan 26Apr 26Jul 26Oct 26INDO

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Data provided by Twelve Data

Recent analyst actionsNewest first
DateFirmActionRatingTarget
6 July 2022EF HuttonInitiatesBuy—
24 June 2022Noble Capital MarketsUpgradeOutperform—
8 Mar 2022Noble Capital MarketsDowngradeUnderperform—
25 Mar 2021Noble Capital MarketsUpgradeOutperform—
12 Feb 2020Aegis CapitalInitiatesBuy—

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Market Radar

This page is one stock. Monday covers all of them.

Computed off the Friday close and sent before the US open.

Market Radar reports the week’s largest rank changes across roughly 4,600 US stocks, the factor behind each one, and where the market went. INDO appears on the weeks it earns a place.

Free, every Monday. Unsubscribe any time.

Performance

INDO vs the S&P 500

Both lines are total return — dividends reinvested — so the comparison is honest on both sides.

Over the twelve months to 2 Oct 2026, Indonesia Energy Corp. Ltd. returned −8.6% against +16.2% for the S&P 500, dividends included.

INDO vs S&P 500, last 12 monthsTotal return, rebased to 100
80100120140160180Jan 26Apr 26Jul 26Oct 26INDOS&P 500

Download this chart as an image — free to reuse; link this page as the source.

Data provided by Twelve Data

Estimates

INDO analyst estimate revisions

Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.

Fundamentals

Indonesia Energy Corp. Ltd. (INDO) financial data

A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.

Valuation
Trailing P/E
—
Price / sales
15.1×

Cheaper than 11% of US stocks

Price / book
2.0×

Cheaper than 44% of US stocks

EV / EBITDA
−11.3×

Cheaper than 85% of US stocks

Growth & margins
Revenue growth (YoY)
66.4%

Higher than 90% of US stocks

Earnings growth (YoY)
—
Gross margin
—
Operating margin
−94.8%

Higher than 14% of US stocks

Net margin
−152.7%

Higher than 4% of US stocks

Returns & dividend
Return on equity
−19.8%

Higher than 31% of US stocks

Return on assets
−10.0%

Higher than 26% of US stocks

Dividend yield
—

Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.

Key statistics

Indonesia Energy Corp. Ltd. (INDO) statistics: revenue, profit & scale

The headline figures, each with its date. Every row carries its own link — cite it straight from here.

  • Indonesia Energy Corp. Ltd. has a market value of $41.1M and an enterprise value of $36.0M.

  • Shares outstanding: 15.0M.

  • forward P/E: −3.9× — the forward figure prices analyst consensus estimates, not reported earnings.

  • Indonesia Energy Corp. Ltd. employs 39 people.

market figures as at 3 Oct 2026

Data provided by Twelve Data

Peers

INDO vs competitors

The nearest names by industry and size, scored by the same model — like for like.

Its peer group, ranked by the same modelOil & Gas E&P
CompanyMarket capTKN rank
INDOIndonesia Energy Corp. Ltd.$41.1M
24
PROPPrairie Operating Co.$42.4M
66
BATLBattalion Oil Corp.$59.0M
28
EONREON Resources, Inc.$27.2M
25
BSINBig Sky Industrial, Inc.$75.4M
21
CKXCKX Lands, Inc.$21.8M
73
MXCMexco Energy Corp.$20.6M
53

Look up any of the roughly 4,600 stocks we score.

The rank is the raw material. Whether the rules would actually own Indonesia Energy Corp. Ltd. — and when they’d sell — is the membership. See the Ticker Nerd 20 →

News

Latest INDO news & analysis

Indonesia Energy Announces Availability of Financial Results

GlobeNewsWire · 25 Sept 2026neutral

Indonesia Energy Corporation announced that it filed its unaudited financial results for the six months ending June 30, 2026, in accordance with NYSE American exchange rules. The announcement was made on September 25, 2026.

Why it matters — This filing provides INDO watchers with updated financial information on the company's recent performance, fulfilling its exchange reporting requirements.

Indonesia Energy to Present at H.C. Wainwright 28th Annual Global Investment Conference on Tuesday, September 15, 2026

GlobeNewsWire · 10 Sept 2026neutral

Indonesia Energy Corporation announced that its President, Frank Ingriselli, will present at the H.C. Wainwright 28th Annual Global Investment Conference on September 15, 2026, where he will provide an update on the company's current drilling and production operations.

Why it matters — This conference appearance offers INDO watchers an opportunity to hear directly from the company's president about its ongoing drilling and production activities.

Indonesia Energy Discovers Oil at K-29 Well

GlobeNewsWire · 2 Sept 2026positive

Indonesia Energy Corporation announced it discovered good quality oil during testing operations at the newly drilled K-29 well in the Kruh Block. Production operations at the well are scheduled to commence in the next couple of weeks.

Why it matters — A confirmed oil discovery at the K-29 well marks a notable operational milestone for INDO and could signal increased production from its Kruh Block assets.

Indonesia Energy Announces K-29 Well Drilling Has Reached Total Depth and Testing Operations Are In Preparation

GlobeNewsWire · 31 Aug 2026neutral

Indonesia Energy Corporation announced that drilling on its K-29 well has reached total depth and that testing operations are being prepared. The company also said it will host a YouTube Live presentation featuring its President, Frank Ingriselli, on September 3, 2026.

Why it matters — This update signals a key operational milestone for the K-29 well and provides an opportunity for investors to hear directly from the company's president about the project's progress.

Indonesia Energy Corporation Reports Progress on Drilling of K-29 Well

GlobeNewsWire · 13 Aug 2026neutral

Indonesia Energy Corporation reported that its K-29 well, spudded on July 25, 2026, continues to drill ahead on schedule and has reached a depth of more than 2,500 feet against a planned total depth of about 3,400 feet. The company also announced it will present at the 31st Annual EnerCom Energy Investment Conference on August 19.

Why it matters — Progress on the K-29 well is a key operational milestone for INDO's drilling program, and its conference presentation offers investors a chance for an update directly from the company.

FAQ

Frequently asked questions about INDO stock

How does Ticker Nerd's model rank INDO?

As at 2 Oct 2026, Indonesia Energy Corp. Ltd. ranks 24 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Growth (96 of 100).

What is the INDO stock forecast for 2030?

No analyst covering Indonesia Energy Corp. Ltd. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for INDO are extrapolating price history, which says nothing about the business.

How has INDO stock performed over the past year?

Indonesia Energy Corp. Ltd. returned -8.6% over the 12 months to 2 Oct 2026, with dividends reinvested. Past performance does not indicate future returns.

What does Indonesia Energy Corp. Ltd. do?

Indonesia Energy Corporation Limited is an oil and gas exploration and production company focused on Indonesia’s energy sector. Indonesia Energy Corporation Limited develops and manages a portfolio of onshore assets that includes producing and exploration blocks, with operations centered on the Kruh and Citarum blocks and additional exploration potential in the Rangkas area.

What is the latest news on INDO?

The most recent item we track (GlobeNewsWire, 25 Sept 2026): "Indonesia Energy Announces Availability of Financial Results". Indonesia Energy Corporation announced that it filed its unaudited financial results for the six months ending June 30, 2026, in accordance with NYSE American exchange rules. The announcement was made on September 25, 2026.

Company

About Indonesia Energy Corp. Ltd.

Indonesia Energy Corporation Limited is an oil and gas exploration and production company focused on Indonesia’s energy sector. Indonesia Energy Corporation Limited develops and manages a portfolio of onshore assets that includes producing and exploration blocks, with operations centered on the Kruh and Citarum blocks and additional exploration potential in the Rangkas area. The company’s business is built around finding, developing, and monetizing hydrocarbons through upstream activities such as field evaluation, drilling, and production management. Headquartered in Jakarta, Indonesia, it serves as a specialized independent energy operator within the country’s broader oil and gas market. Its role in the financial market is tied to exposure to upstream energy operations and Indonesia’s domestic resource base, making it a focused participant in the integrated energy and petroleum services value chain.

CEO Dr. Wirawan Jusuf · 39 employees · Indonesia · https://indo-energy.com