INDOINDOEnergy · Oil & Gas E&P

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

Last close, 21 Aug 2026
$2.91
−1.02% on the day

Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 13 of 100 as at 22 Aug 2026 — in the weakest quartile.

Market cap
$44.8M
Ticker Nerd rank
13 / 100
Median analyst target
Analysts covering
0
Total return, dividends reinvested
1W
−2.3%
1M
−3.0%
YTD
−0.7%
1Y
+3.2%
From 52W high
−56.8%
From 52W low
+16.9%
$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 22 Aug 2026
13 / 100

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

Size
83
Growth
57
Momentum
38
Issuance
35
Accruals
30
Volatility
27
Revisions
25
Quality
3
Value
1

Size (83): Smaller than most of the companies we track.

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$3.00$4.00$5.00$6.00Oct 25Jan 26Apr 26Jul 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.

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.

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
22.2×

Cheaper than 9% of US stocks

Price / book
2.2×

Cheaper than 44% of US stocks

EV / EBITDA
−10.1×

Cheaper than 84% of US stocks

Growth & margins
Revenue growth (YoY)
−23.0%

Higher than 10% of US stocks

Earnings growth (YoY)
Gross margin
Operating margin
−228.7%

Higher than 10% of US stocks

Net margin
−253.4%

Higher than 1% of US stocks

Returns & dividend
Return on equity
−26.9%

Higher than 28% of US stocks

Return on assets
−12.8%

Higher than 24% of US stocks

Dividend yield

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

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.$44.8M
13
PROPPrairie Operating Co.$59.6M
68
GLNDGreenland Energy Co.$63.2M
4
BSINBig Sky Industrial, Inc.$74.3M
16
BATLBattalion Oil Corp.$77.9M
31
EONREON Resources, Inc.$23.8M
CKXCKX Lands, Inc.$23.1M
73

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 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.

Indonesia Energy Corporation Commences Drilling of K-29 Well

GlobeNewsWire · 27 July 2026positive

Indonesia Energy Corporation (IEC) announced that drilling of the K-29 well at its Kruh Block commenced on July 25, 2026. The well, which is the first of two new planned wells for 2026, has a planned total depth of 3,400 feet.

Why it matters — This marks the start of IEC's next phase of drilling activity at the Kruh Block, a core asset for the company.

FAQ

Frequently asked questions about INDO stock

How does Ticker Nerd's model rank INDO?

As at 22 Aug 2026, Indonesia Energy Corp. Ltd. ranks 13 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 Size (83 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 +3.2% over the 12 months to 21 Aug 2026, with dividends reinvested. Past performance does not indicate future returns.

What does Indonesia Energy Corp. Ltd. do?

Indonesia Energy Corporation Limited is an integrated energy company primarily engaged in the exploration and production of oil and gas in Indonesia. The company focuses on acquiring and developing strategic natural resource assets, with an emphasis on regions that are resource-rich and underexplored.

What is the latest news on INDO?

The most recent item we track (GlobeNewsWire, 13 Aug 2026): "Indonesia Energy Corporation Reports Progress on Drilling of K-29 Well". 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.

Company

About Indonesia Energy Corp. Ltd.

Indonesia Energy Corporation Limited is an integrated energy company primarily engaged in the exploration and production of oil and gas in Indonesia. The company focuses on acquiring and developing strategic natural resource assets, with an emphasis on regions that are resource-rich and underexplored. Its primary operations are situated in the Kruh Block and the Citarum Block, where it employs advanced technology to optimize resource extraction efficiently and sustainably. Indonesia Energy Corporation Limited plays a crucial role in tapping into the country's vast hydrocarbon reserves, thereby contributing to Indonesia's energy self-sufficiency and economic development. This corporation impacts vital sectors including energy production, technology innovation in resource extraction, and environmental management, as it strives to balance operational effectiveness with ecological responsibility. Within the financial market, Indonesia Energy Corporation Limited stands as a reference point for investors and stakeholders looking to engage with the dynamic energy landscapes of Southeast Asia, reflecting both the opportunities and challenges present in emerging market economies.

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