Grab Holdings Limited (NASDAQ:GRAB) Given Average Rating of "Buy" by Brokerages

Key Points

• Consensus "Buy": Seven analysts covering Grab give it a consensus "Buy" (one hold, five buy, one strong buy) with an average 12‑month price target of $6.47.
• Recent results showed an EPS beat—$0.04 vs. $0.01 expected—while revenue of $906M missed estimates; the stock trades around $3.87 with a 52‑week range of $3.36–$6.62, a market cap of about $15.6B and a P/E near 129.
• Institutional investors own roughly 55.5% of shares, with large managers like Goldman Sachs and Envestnet materially increasing their stakes in recent quarters.

Grab Holdings Limited (NASDAQ:GRAB - Get Free Report) has been given a consensus recommendation of "Buy" by the seven research firms that are covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a hold rating, five have given a buy rating and one has issued a strong buy rating on the company. The average twelve-month price objective among analysts that have updated their coverage on the stock in the last year is $6.4714.

Several equities analysts have recently commented on the stock. Wall Street Zen upgraded shares of Grab from a "sell" rating to a "hold" rating in a research report on Friday, January 23rd. Sanford C. Bernstein reiterated an "outperform" rating and set a $5.80 price target on shares of Grab in a research report on Monday, January 26th. Weiss Ratings restated a "hold (c-)" rating on shares of Grab in a research report on Thursday, January 22nd. Barclays upped their target price on Grab from $6.50 to $7.00 and gave the stock an "overweight" rating in a research note on Tuesday, November 11th. Finally, Benchmark reaffirmed a "buy" rating on shares of Grab in a report on Thursday, February 12th.

Grab Stock Performance

GRAB opened at $3.87 on Wednesday. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.73 and a current ratio of 1.75. Grab has a 52-week low of $3.36 and a 52-week high of $6.62. The firm has a market cap of $15.58 billion, a P/E ratio of 129.04, a price-to-earnings-growth ratio of 0.89 and a beta of 0.93. The business's fifty day moving average is $4.43 and its 200-day moving average is $5.16.

Grab (NASDAQ:GRAB - Get Free Report) last posted its quarterly earnings results on Wednesday, February 11th. The company reported $0.04 EPS for the quarter, beating analysts' consensus estimates of $0.01 by $0.03. The business had revenue of $906.00 million during the quarter, compared to the consensus estimate of $942.08 million. Grab had a return on equity of 4.09% and a net margin of 7.92%. Sell-side analysts expect that Grab will post 0.05 EPS for the current fiscal year.

Institutional Trading of Grab

Several large investors have recently bought and sold shares of the business. Integrated Wealth Concepts LLC boosted its stake in shares of Grab by 201.2% in the 1st quarter. Integrated Wealth Concepts LLC now owns 35,386 shares of the company's stock valued at $160,000 after purchasing an additional 23,639 shares in the last quarter. Goldman Sachs Group Inc. grew its holdings in shares of Grab by 6.1% during the 1st quarter. Goldman Sachs Group Inc. now owns 9,231,195 shares of the company's stock valued at $41,817,000 after purchasing an additional 529,433 shares during the last quarter. Empowered Funds LLC increased its position in Grab by 6.2% during the 1st quarter. Empowered Funds LLC now owns 52,698 shares of the company's stock worth $239,000 after purchasing an additional 3,090 shares in the last quarter. Focus Partners Wealth bought a new position in Grab in the 1st quarter valued at approximately $63,000. Finally, Envestnet Asset Management Inc. lifted its stake in Grab by 85.8% in the 2nd quarter. Envestnet Asset Management Inc. now owns 679,963 shares of the company's stock valued at $3,420,000 after purchasing an additional 314,016 shares during the last quarter. 55.52% of the stock is owned by institutional investors and hedge funds.

Grab Company Profile

Grab Holdings Inc is a Singapore-based technology company that operates a consumer-facing "super app" across Southeast Asia offering services spanning ride-hailing, food and package delivery, and digital payments. Its platform connects consumers, drivers, merchants and delivery partners through mobile applications and supports on-demand mobility (taxi and private car), last-mile logistics, and on-demand food delivery under brands such as GrabFood and GrabExpress. The company has also developed a merchant-facing ecosystem that supports ordering, payment acceptance and loyalty functions.

Beyond transportation and delivery, Grab has expanded into financial services through Grab Financial Group, which provides digital payments via GrabPay, consumer lending, insurance distribution and small-business financial solutions.

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