Grab (GRAB) to Release Earnings on Wednesday

Grab (NASDAQ:GRAB - Get Free Report) is anticipated to post its Q1 2025 quarterly earnings results before the market opens on Wednesday, May 21st. Analysts expect the company to announce earnings of $0.02 per share and revenue of $765.57 million for the quarter. Grab has set its FY 2025 guidance at EPS.

Grab (NASDAQ:GRAB - Get Free Report) last announced its quarterly earnings results on Thursday, February 20th. The company reported $0.01 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.01. The business had revenue of $764.00 million during the quarter, compared to the consensus estimate of $762.57 million. Grab had a negative net margin of 3.72% and a negative return on equity of 1.63%. On average, analysts expect Grab to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Grab Trading Up 0.8%

Shares of GRAB opened at $5.03 on Wednesday. Grab has a twelve month low of $2.98 and a twelve month high of $5.72. The company has a current ratio of 2.70, a quick ratio of 2.67 and a debt-to-equity ratio of 0.04. The firm has a market capitalization of $20.26 billion, a P/E ratio of -251.50, a PEG ratio of 2.26 and a beta of 0.86. The firm's 50-day moving average is $4.45 and its two-hundred day moving average is $4.68.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on the company. CLSA upgraded Grab to a "moderate buy" rating in a research report on Wednesday, April 9th. Benchmark reissued a "buy" rating and issued a $6.00 price objective on shares of Grab in a research note on Thursday, February 20th. JPMorgan Chase & Co. cut their target price on shares of Grab from $5.60 to $5.30 and set an "overweight" rating for the company in a research report on Wednesday, April 16th. Hsbc Global Res raised shares of Grab from a "hold" rating to a "strong-buy" rating in a report on Tuesday, February 4th. Finally, Barclays raised their price objective on shares of Grab from $5.50 to $6.50 and gave the stock an "overweight" rating in a research note on Thursday, February 20th. Two equities research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $5.60.

Grab Company Profile

Grab Holdings Limited engages in the provision of superapps in Cambodia, Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam. The company offers its Grab ecosystem, a single platform with superapps for driver- and merchant-partners and consumers, that allows access to mobility, delivery, digital financial services, and enterprise sector offerings.

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