GoTo stock: Macquarie keeps IDR 48.00 target for GoTo stock
Published on 10/16/2026 at 18:12 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSTarget and trading position
- Macquarie maintained an IDR 48.00 target for GoTo on October 8, 2026.
- GoTo traded between IDR 23.00 and IDR 73.00 over the 52-week period ending October 16, 2026.
- GoTo stock cost IDR 25.00 on October 16, 2026 at 4:14 p.m. WIB, down 7.41 percent versus the IDR 27.00 prior close.
- GoTo is scheduled to publish its next earnings report on November 4, 2026.
Macquarie maintained an IDR 48.00 target for GoTo Gojek Tokopedia on October 8, 2026, according to Investing.com. The target stands 92.00 percent above the IDR 25.00 price quoted on the Jakarta exchange on October 16, 2026. GoTo stock was down 7.41 percent from the IDR 27.00 prior close at 4:14 p.m. WIB.
Macquarie target leaves a wide gap
The target gap is the clearest valuation reference in the latest analyst data. Macquarie's IDR 48.00 target is nearly double the October 16 closing price, while the broader 12-month consensus stood at IDR 70.36, according to Investing.com.
Stock position near the yearly low
GoTo traded within an IDR 23.00 to IDR 27.00 daily range on October 16, 2026. Its 52-week range extended from IDR 23.00 to IDR 73.00, putting the latest price 8.70 percent above the low and 65.75 percent below the high. Volume reached 4,003,266,436 shares, against an average of 3,978,173,420 shares.
Valuation and next reporting date
Market capitalization stood at IDR 26.7 trillion on October 16, 2026. The finance data reported a negative price-to-earnings ratio, so the ratio does not provide a usable comparison for this report. GoTo's next earnings report is scheduled for November 4, 2026, according to Investing.com.
Comparison with peers
GoTo Gojek Tokopedia (IDX, IDR): minus 7.41 percent, market capitalization IDR 26.7 trillion.
Bukalapak.com (IDX, IDR): minus 6.67 percent, P/E 4.98, market capitalization IDR 9.0 trillion.
Elang Mahkota Teknologi (IDX, IDR): minus 13.02 percent, P/E 9.14, market capitalization IDR 20.4 trillion.
GoTo closes at IDR 25.00
GoTo stock stood at IDR 25.00 on the IDX on October 16, 2026 at 4:14 p.m. WIB, down 7.41 percent versus the IDR 27.00 prior close.
GoTo stock facts
- Company: PT GoTo Gojek Tokopedia Tbk
- ISIN: ID1000166903
- Ticker: GOTO
- Primary exchange: IDX
- Price on IDX (as of October 16, 2026, 4:14 p.m. WIB): IDR 25.00
- Change versus prior close: minus 7.41 percent
- Market capitalization: IDR 26.7 trillion (as of October 16, 2026)
- 52-week range: IDR 23.00-73.00 (as of October 16, 2026)
- Sector / Industry: Technology / Software - Application
- Next earnings date: November 4, 2026
Market context: Market report IDX Composite.
