Flooring Guide by Cinvex – , JAKARTA — Shares of technology issuer PT GoTo Gojek Tokopedia Tbk. (GOTO) traded sideways today, Wednesday (November 26, 2025), hovering between Rp64 and Rp65 per share. This horizontal movement follows the Public General Meeting of Shareholders (GMS) announcement regarding significant leadership changes, including the appointment of Hans Patuwo as the new Chief Executive Officer (CEO), replacing Patrick Walujo who resigned, along with several other key executives. This raises a crucial question: What are the latest GOTO stock price targets?
According to Bloomberg terminal data, a strong consensus emerges among analysts, with 24 out of 32 recommending a “buy” for GOTO shares. The latest “buy” recommendation comes from Macquarie, which assigned an “outperform” rating and set a target price of Rp85 per share.
Maybank Investment also issued a “buy” rating, providing the most optimistic outlook with a target price of Rp120 per share for GOTO. This particular target represents the highest projected share price for the tech giant.
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Conversely, UOB Kay Hian offered the lowest “buy” rating among the positive recommendations, setting a GOTO stock price target of Rp78 per share.
Adding to the positive sentiment, JP Morgan issued an “overweight” rating for GOTO, with a target price of Rp95 per share.
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On the other hand, eight analysts have opted for a “hold” recommendation on GOTO stock. Morgan Stanley is the latest securities firm to issue a “hold” rating, setting its target price at Rp78 per share.
In line with this cautious stance, Goldman Sachs also provided a “neutral” rating for GOTO, with a more conservative target price of Rp62 per share.
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GoTo Gojek Tokopedia Tbk – TradingView
Earlier, GOTO formally announced its leadership transition plans, confirming Hans Patuwo’s nomination as CEO. This follows Patrick Walujo’s resignation from his position, where he had served as CEO since June 2023.
In his official statement, Patrick Walujo underscored Hans Patuwo’s comprehensive understanding of GOTO’s operations, spanning from hands-on field experience to high-level corporate strategic decision-making.
“His proven leadership capabilities and integrity make Hans the right figure to lead GOTO into a new chapter of its journey,” Patrick stated in his official announcement on Monday (November 24, 2025).
Currently, Hans holds the crucial roles of Chief Operating Officer and President of On-Demand Services (ODS) at GOTO. Before joining Gojek, Hans accumulated extensive experience working across the United States, China, and Singapore for various multinational companies, including a tenure as Partner at the prominent management consulting firm McKinsey.
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Summary
GOTO shares traded sideways on November 26, 2025, following the Public General Meeting of Shareholders, which announced significant leadership changes. Hans Patuwo was appointed as the new Chief Executive Officer, replacing Patrick Walujo who resigned. Walujo expressed confidence in Patuwo’s comprehensive understanding of GOTO’s operations and proven leadership.
Despite the sideways movement, a strong analyst consensus from Bloomberg data recommends “buy” for GOTO shares, with 24 out of 32 analysts supporting this. Target prices range from Rp78 by UOB Kay Hian to a high of Rp120 by Maybank Investment. Eight analysts, including Morgan Stanley and Goldman Sachs, opted for a “hold” or “neutral” rating.