NASDAQ:GRAB Grab (GRAB) Stock Forecast, Price & News $3.04 +0.04 (+1.33%) (As of 05/26/2023 04:00 PM ET) Add Compare Share Share Today's Range$2.97▼$3.1050-Day Range$2.68▼$3.3452-Week Range$2.19▼$4.03Volume12.48 million shsAverage Volume16.83 million shsMarket Capitalization$11.39 billionP/E RatioN/ADividend YieldN/APrice Target$3.87 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Grab MarketRank™ ForecastAnalyst RatingModerate Buy2.64 Rating ScoreUpside/Downside27.3% Upside$3.87 Price TargetShort InterestBearish6.08% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.38Based on 16 Articles This WeekInsider TradingN/AProj. Earnings GrowthGrowingFrom ($0.17) to ($0.05) Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.83 out of 5 starsBusiness Services Sector264th out of 346 stocksBusiness Services, Not Elsewhere Classified Industry73rd out of 91 stocks 3.3 Analyst's Opinion Consensus RatingGrab has received a consensus rating of Buy. The company's average rating score is 2.64, and is based on 8 buy ratings, 2 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $3.87, Grab has a forecasted upside of 27.3% from its current price of $3.04.Amount of Analyst CoverageGrab has only been the subject of 3 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted6.08% of the float of Grab has been sold short.Short Interest Ratio / Days to CoverGrab has a short interest ratio ("days to cover") of 6.8.Change versus previous monthShort interest in Grab has recently decreased by 3.40%, indicating that investor sentiment is improving. Previous Next 0.0 Dividend Strength Dividend YieldGrab does not currently pay a dividend.Dividend GrowthGrab does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for GRAB. Previous Next 2.4 News and Social Media Coverage News SentimentGrab has a news sentiment score of 0.38. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.59 average news sentiment score of Business Services companies.News Coverage This WeekMarketBeat has tracked 16 news articles for Grab this week, compared to 11 articles on an average week.Search InterestOnly 31 people have searched for GRAB on MarketBeat in the last 30 days. This is a decrease of -6% compared to the previous 30 days.MarketBeat Follows7 people have added Grab to their MarketBeat watchlist in the last 30 days. This is an increase of 40% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Grab insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 3.60% of the stock of Grab is held by insiders.Percentage Held by Institutions46.57% of the stock of Grab is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Grab are expected to grow in the coming year, from ($0.17) to ($0.05) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Grab is -7.79, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Grab is -7.79, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioGrab has a P/B Ratio of 1.71. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Grab (NASDAQ:GRAB) StockGrab Holdings Limited provides superapps that allows access to mobility, delivery, financial services, and enterprise offerings through its mobile application in Cambodia, Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam. The company is headquartered in Singapore.Read More Receive GRAB Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Grab and its competitors with MarketBeat's FREE daily newsletter. Email Address GRAB Stock News HeadlinesMay 26, 2023 | barrons.comMan City Ready To Grab 'Once In A Lifetime' Treble ChanceMay 26, 2023 | yahoo.com7 closet essentials under $50 to grab while they’re marked down at Nordstrom’s Half-Yearly saleMay 29, 2023 | Stocks To Trade (Ad)15 A.I. Trading Opportunities a DayUsing our algorithm, we sift through 15,000 stocks every second. We generate 15 trading opportunities a day.May 25, 2023 | msn.comGrab your swimsuit: Kings Island's Soak City Water Park opens this weekendMay 25, 2023 | yahoo.comGrab our favorite Amazon streaming stick for just $34 right nowMay 25, 2023 | msn.comGrab and go: Studio City Starbucks switches to takeaway onlyMay 24, 2023 | msn.comSix Flags rolls out Amazon-powered grab-and-go cashierless shopsMay 24, 2023 | americanbankingnews.comGrab (NASDAQ:GRAB) Stock Price Up 9.8% After Analyst UpgradeMay 29, 2023 | Stocks To Trade (Ad)15 A.I. Trading Opportunities a DayUsing our algorithm, we sift through 15,000 stocks every second. We generate 15 trading opportunities a day.May 23, 2023 | msn.comDad leapt to grab his 1-year-old son who had slipped into pool. Now, he has a message for parentsMay 23, 2023 | msn.comThe DMV’s outdoor movie season is heating up; grab a date and blanketMay 23, 2023 | news.yahoo.comOne Of The Best Smart Locks Is 40% Off Today, Grab It And Keep That Home SecureMay 23, 2023 | 247wallst.comGrab These 5 'Strong Buy' Blue Chips Before They Raise Their Dividends This WeekMay 23, 2023 | news.yahoo.com‘It’s big.’ Great Crossing rallies from 5-0 deficit to grab its first region baseball win.May 22, 2023 | msn.comParents grab children and run after man 'pulls out machete' in parkMay 22, 2023 | msn.comSoftBank Explores Plans to Grab a Slice of Private Credit MarketMay 22, 2023 | americanbankingnews.comHSBC Boosts Grab (NASDAQ:GRAB) Price Target to $4.20May 21, 2023 | bbc.comAyling says Leeds must 'grab on to' remaining 'tiny bit of hope'May 21, 2023 | msn.comGrab Philippines calls on users to claim rebates before expiration in JulyMay 20, 2023 | reuters.comLiverpool top-four hopes hit despite late equaliser, Everton grab vital pointMay 20, 2023 | msn.comAMLO Rail Grab Could Hit Market Confidence, Business Group SaysMay 20, 2023 | msn.comSoccer: Liverpool top-four hopes hit despite late equaliser, Everton grab vital pointMay 20, 2023 | msn.comGrab Holdings: Hyped-Up Prospects Face Harsh Reality Of CompetitionMay 20, 2023 | americanbankingnews.comGrab (NASDAQ:GRAB) Releases Quarterly Earnings Results, Beats Estimates By $0.01 EPSMay 20, 2023 | reuters.comHeat pull off another upset in Boston, grab 2-0 edgeMay 19, 2023 | finance.yahoo.comGrab Holdings stock boosted despite falling delivery salesMay 19, 2023 | bizjournals.comGo inside Fort Worth's most popular spots to grab drinksSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive GRAB Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Grab and its competitors with MarketBeat's FREE daily newsletter. Email Address GRAB Company Calendar Last Earnings5/18/2023Today5/29/2023Next Earnings (Estimated)8/24/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Business services, not elsewhere classified Sub-IndustryN/A SectorBusiness Services Current SymbolNASDAQ:GRAB CUSIPN/A CIK1855612 Webwww.altimetergrowth.com Phone855-739-7864FaxN/AEmployees2Year FoundedN/APrice Target and Rating Average Stock Price Forecast$3.87 High Stock Price Forecast$5.00 Low Stock Price Forecast$2.80 Forecasted Upside/Downside+27.3%Consensus RatingModerate Buy Rating Score (0-4)2.64 Research Coverage11 Analysts Profitability EPS (Most Recent Fiscal Year)($0.39) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-1,683,000,000.00 Net Margins-86.94% Pretax Margin-88.96% Return on Equity-22.08% Return on Assets-15.84% Debt Debt-to-Equity Ratio0.10 Current Ratio5.39 Quick Ratio5.34 Sales & Book Value Annual Sales$1.43 billion Price / Sales7.95 Cash FlowN/A Price / Cash FlowN/A Book Value$1.78 per share Price / Book1.71Miscellaneous Outstanding Shares3,747,110,000Free Float3,612,219,000Market Cap$11.39 billion OptionableOptionable Beta0.77 Key ExecutivesMr. Ping Yeow Tan (Age 41)Co-Founder, Chairman & CEO Mr. Ming-Hokng Maa (Age 46)Pres Ms. Hooi Ling Tan (Age 39)Co-Founder & Director Mr. Peter Oey (Age 52)Chief Financial Officer Mr. Alexander Charles Hungate (Age 56)Chief Operating Officer Mr. Suthen Thomas ParadathethGroup Chief Technology OfficerVivian TongHead of US Investor RelationsMr. Christopher W. BettsGen. CounselMs. Chin Yin Ong (Age 48)Chief People Officer Andrew ChanManaging Director of TransportMore ExecutivesKey CompetitorsRitchie Bros. AuctioneersNYSE:RBAWEXNYSE:WEXShift4 PaymentsNYSE:FOURTriNet GroupNYSE:TNETExlServiceNASDAQ:EXLSView All CompetitorsInstitutional OwnershipJPMorgan Chase & Co.Sold 8,449,277 shares on 5/18/2023Ownership: 0.150%Squarepoint Ops LLCSold 82,412 shares on 5/16/2023Ownership: 0.004%Graham Capital Management L.P.Bought 109,751 shares on 5/16/2023Ownership: 0.003%Pinpoint Asset Management LtdBought 71,000 shares on 5/16/2023Ownership: 0.002%Susquehanna International Group Ltd.Sold 140,698 shares on 5/16/2023Ownership: 0.000%View All Institutional Transactions GRAB Stock - Frequently Asked Questions Should I buy or sell Grab stock right now? 11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Grab in the last year. There are currently 1 sell rating, 2 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" GRAB shares. View GRAB analyst ratings or view top-rated stocks. What is Grab's stock price forecast for 2023? 11 analysts have issued 1-year target prices for Grab's stock. Their GRAB share price forecasts range from $2.80 to $5.00. On average, they predict the company's stock price to reach $3.87 in the next year. This suggests a possible upside of 27.3% from the stock's current price. View analysts price targets for GRAB or view top-rated stocks among Wall Street analysts. How have GRAB shares performed in 2023? Grab's stock was trading at $3.22 on January 1st, 2023. Since then, GRAB stock has decreased by 5.6% and is now trading at $3.04. View the best growth stocks for 2023 here. When is Grab's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, August 24th 2023. View our GRAB earnings forecast. How were Grab's earnings last quarter? Grab Holdings Limited (NASDAQ:GRAB) issued its earnings results on Thursday, May, 18th. The company reported ($0.06) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.07) by $0.01. The company had revenue of $525 million for the quarter, compared to analyst estimates of $505 million. Grab had a negative net margin of 86.94% and a negative trailing twelve-month return on equity of 22.08%. The company's quarterly revenue was up 130.3% compared to the same quarter last year. During the same period last year, the company posted ($0.11) earnings per share. What ETFs hold Grab's stock? ETFs with the largest weight of Grab (NASDAQ:GRAB) stock in their portfolio include Amplify Emerging Markets FinTech ETF (EMFQ), iShares MSCI Singapore ETF (EWS), FMQQ The Next Frontier Internet & Ecommerce ETF (FMQQ), Asian Growth Cubs ETF (CUBS), SPDR S&P Kensho Smart Mobility ETF (HAIL), VictoryShares Nasdaq Next 50 ETF (QQQN), Invesco NASDAQ Next Gen 100 ETF (QQQJ) and Invesco ESG NASDAQ Next Gen 100 ETF (QQJG). What guidance has Grab issued on next quarter's earnings? Grab issued an update on its FY 2023 earnings guidance on Friday, May, 26th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $2.20 billion-$2.30 billion, compared to the consensus revenue estimate of $2.24 billion. What is Grab's stock symbol? Grab trades on the NASDAQ under the ticker symbol "GRAB." Who are Grab's major shareholders? Grab's stock is owned by many different institutional and retail investors. Top institutional investors include BlackRock Inc. (1.62%), Contrarius Investment Management Ltd (0.79%), State Street Corp (0.65%), Fullerton Fund Management Co Ltd. (0.59%), FIL Ltd (0.50%) and Artisan Partners Limited Partnership (0.37%). How do I buy shares of Grab? Shares of GRAB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Grab's stock price today? One share of GRAB stock can currently be purchased for approximately $3.04. How much money does Grab make? Grab (NASDAQ:GRAB) has a market capitalization of $11.39 billion and generates $1.43 billion in revenue each year. The company earns $-1,683,000,000.00 in net income (profit) each year or ($0.39) on an earnings per share basis. How can I contact Grab? Grab's mailing address is 2550 SAND HILL ROAD SUITE 150, MENLO PARK CA, 94025. The official website for the company is www.altimetergrowth.com. The company can be reached via phone at 855-739-7864 or via email at ir@altimeter.com. This page (NASDAQ:GRAB) was last updated on 5/29/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Grab Holdings Limited Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.