Grab (NASDAQ:GRAB) Cut to "Hold" at Zacks Research

Key Points

• Zacks Research downgraded Grab from “Strong Buy” to “Hold.” Despite the move, MarketBeat’s analyst consensus remained “Moderate Buy,” with an average price target of $5.67.
• Grab reported quarterly EPS of $0.06, above the $0.05 consensus, and revenue of $997 million, slightly topping estimates.
• CEO Ping Tan and COO Alexander Hungate made substantial share purchases at an average price of $2.89 per share.

Grab (NASDAQ:GRAB - Get Free Report) was downgraded by equities researchers at Zacks Research from a "strong-buy" rating to a "hold" rating in a research note issued on Wednesday, Zacks reports.

Other analysts have also recently issued reports about the company. JPMorgan Chase & Co. upped their price target on Grab from $4.80 to $5.10 and gave the company an "overweight" rating in a research note on Tuesday. Weiss Ratings raised shares of Grab from a "sell (d+)" rating to a "hold (c-)" rating in a research note on Tuesday. Benchmark restated a "buy" rating on shares of Grab in a report on Tuesday, August 4th. Barclays decreased their price objective on shares of Grab from $5.00 to $4.00 and set an "overweight" rating for the company in a report on Monday, October 19th. Finally, KeyCorp set a $7.00 target price on shares of Grab in a research note on Wednesday, September 16th. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and two have assigned a Hold rating to the company's stock. According to MarketBeat, Grab currently has a consensus rating of "Moderate Buy" and an average price target of $5.67.

Grab Trading Up 3.6%

NASDAQ GRAB opened at $3.48 on Wednesday. Grab has a 12 month low of $2.67 and a 12 month high of $6.24. The stock has a 50-day simple moving average of $3.07 and a 200 day simple moving average of $3.61. The company has a current ratio of 1.38, a quick ratio of 1.51 and a debt-to-equity ratio of 0.06. The company has a market capitalization of $14.26 billion, a PE ratio of 69.61, a P/E/G ratio of 0.71 and a beta of 0.83.

Grab (NASDAQ:GRAB - Get Free Report) last issued its earnings results on Tuesday, August 4th. The company reported $0.06 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.05 by $0.01. The firm had revenue of $997.00 million for the quarter, compared to analysts' expectations of $994.97 million. Grab had a return on equity of 8.45% and a net margin of 14.76%. Research analysts forecast that Grab will post 0.13 EPS for the current year.

Insiders Place Their Bets

In other Grab news, CEO Ping Tan purchased 10,350,000 shares of the stock in a transaction on Monday, September 21st. The stock was bought at an average cost of $2.89 per share, for a total transaction of $29,911,500.00. Following the completion of the acquisition, the chief executive officer directly owned 10,778,498 shares of the company's stock, valued at $31,149,859.22. The trade was a 2,415.41% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, COO Alexander Hungate purchased 299,571 shares of the stock in a transaction on Monday, September 21st. The stock was acquired at an average price of $2.89 per share, with a total value of $865,760.19. Following the completion of the acquisition, the chief operating officer directly owned 6,411,550 shares of the company's stock, valued at approximately $18,529,379.50. This represents a 4.90% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders sold a total of 899,349 shares of company stock valued at $3,089,155 in the last three months. Insiders own 3.60% of the company's stock.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the stock. BlackRock Inc. boosted its stake in shares of Grab by 6.4% during the 2nd quarter. BlackRock Inc. now owns 156,175,807 shares of the company's stock worth $588,783,000 after buying an additional 9,357,389 shares during the last quarter. Coronation Fund Managers Ltd. increased its position in shares of Grab by 74.5% in the first quarter. Coronation Fund Managers Ltd. now owns 32,601,355 shares of the company's stock valued at $119,321,000 after acquiring an additional 13,919,053 shares during the last quarter. Principal Financial Group Inc. increased its position in shares of Grab by 13.4% in the second quarter. Principal Financial Group Inc. now owns 24,289,581 shares of the company's stock valued at $91,572,000 after acquiring an additional 2,867,458 shares during the last quarter. Bank of America Corp DE increased its position in shares of Grab by 80.2% in the first quarter. Bank of America Corp DE now owns 23,993,894 shares of the company's stock valued at $87,818,000 after acquiring an additional 10,681,810 shares during the last quarter. Finally, Hsbc Holdings PLC raised its holdings in Grab by 20.9% during the second quarter. Hsbc Holdings PLC now owns 17,877,290 shares of the company's stock worth $67,475,000 after acquiring an additional 3,090,656 shares in the last quarter. Institutional investors own 55.52% of the company's stock.

Trending Headlines about Grab

Here are the key news stories impacting Grab this week:

• Positive Sentiment: Grab reported record Q3 results, with revenue up 27% and adjusted EBITDA up 73%; all three business segments were profitable for the first time. The company also announced a $400 million share buyback, while CEO Anthony Tan reportedly bought $30 million of stock. Article: Grab Holdings: Misunderstood And Mispriced
• Positive Sentiment: Management raised its 2026 revenue and EBITDA outlook, citing lending growth, improving delivery margins and AI-driven efficiencies—an encouraging signal for earnings momentum. Article: GRAB Q3 Earnings Call Highlights Raised Outlook and Lending Growth
• Positive Sentiment: JPMorgan raised its price target on Grab, adding to positive analyst sentiment following the results. Article: Grab Stock Gets Price Target Bump from JPMorgan
• Positive Sentiment: DBS said Grab’s Singapore and Malaysia businesses may be worth more than the company’s current share price, suggesting potential undervaluation. Article: Grab’s Singapore, Malaysia Businesses Worth More Than Share Price
• Negative Sentiment: Insider Chin Ong sold 38,000 shares, reducing his position by 1.06%. The sale was made under a pre-arranged Rule 10b5-1 plan, which may temper concerns about the transaction. SEC Form 4 filing

Grab Company Profile

Grab Holdings Inc NASDAQ: GRAB is a technology company that operates a superapp serving consumers, drivers, merchants and businesses across Southeast Asia. The company began as a ride-hailing service in Malaysia in 2012 and is headquartered in Singapore.

Grab's platform provides mobility services, including ride-hailing, taxi bookings and other transportation options. It also offers food, grocery and package deliveries, connecting users with restaurants, retailers and delivery partners through its digital marketplace.

In addition, Grab provides digital financial services in selected markets, including payments, consumer and merchant lending, digital banking and insurance-related products.

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