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GoTo Gojek Tokopedia
Broker's Calls
UBS upgrades GoTo to 'buy' following Indonesia's social commerce regulatory move
The analysts believe GoTo would be the biggest beneficiary of Indonesia’s potential restrictions on TikTok Shop.
September 27, 2023
Broker's Calls
JP Morgan initiates 'overweight' on GoTo with TP of IDR135
The analyst believes GoTo's new management team will accelerate the path to profitability and drive sustainable growth.
August 30, 2023
Broker's Calls
Maybank initiates 'buy' on GoTo Gojek Tokopedia with TP of IDR153
Analyst Etta Putra think GoTo warrants re-rating for its focus on Indonesia, the largest Asean market, among other factors.
June 19, 2023
Broker's Calls
Analysts maintain 'buy' on GoTo despite higher-than-expected 4QFY2022 net loss
GoTo expects cash burn to be reduced by about 65% this year, while positive cash flow is expected in the early part of 2024.
March 30, 2023
Broker's Calls
Grab receives a more bullish call from Aletheia Capital; takeover of GoTo reiterated
From its April 2022 IPO price of 338 rupiah, GoTo’s shares initially hit as high as 442 rupiah before dropping to 114 rupiah
January 24, 2023