NASDAQ:GRAB Grab (GRAB) Stock Forecast, Price & News $3.54 +0.07 (+2.02%) (As of 09/29/2023 ET) Add Compare Share Share Today's Range$3.52▼$3.5950-Day Range$3.24▼$3.8352-Week Range$2.19▼$4.03Volume15.58 million shsAverage Volume17.54 million shsMarket Capitalization$13.26 billionP/E RatioN/ADividend YieldN/APrice Target$4.69 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Grab MarketRank™ ForecastAnalyst RatingModerate Buy2.86 Rating ScoreUpside/Downside32.5% Upside$4.69 Price TargetShort InterestHealthy5.65% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.24Based on 43 Articles This WeekInsider TradingN/AProj. Earnings GrowthN/ASee 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 Sector238th out of 316 stocksBusiness Services, Not Elsewhere Classified Industry77th out of 91 stocks 3.4 Analyst's Opinion Consensus RatingGrab has received a consensus rating of Moderate Buy. The company's average rating score is 2.86, and is based on 6 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $4.69, Grab has a forecasted upside of 32.5% from its current price of $3.54.Amount of Analyst CoverageGrab has only been the subject of 4 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted5.65% of the float of Grab has been sold short.Short Interest Ratio / Days to CoverGrab has a short interest ratio ("days to cover") of 5.5.Change versus previous monthShort interest in Grab has recently decreased by 7.77%, indicating that investor sentiment is improving significantly. 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 0.24. 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 0.65 average news sentiment score of Business Services companies.News Coverage This WeekMarketBeat has tracked 43 news articles for Grab this week, compared to 14 articles on an average week.Search InterestOnly 8 people have searched for GRAB on MarketBeat in the last 30 days. This is a decrease of -60% compared to the previous 30 days.MarketBeat Follows10 people have added Grab to their MarketBeat watchlist in the last 30 days. This is an increase of 900% 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 Institutions52.50% 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 0.0 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Grab is -13.11, 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 -13.11, 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 1.99. 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 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. The company is headquartered in Singapore.Read More GRAB Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart GRAB Stock News HeadlinesSeptember 30, 2023 | reuters.comPramac's Martin breaks lap record to grab pole position at Japanese Grand PrixSeptember 29, 2023 | yahoo.comShhh…Uncover Hidden Home Gems to Grab on the Upcoming Prime Big Deal DaySeptember 30, 2023 | Chaikin Analytics (Ad)This is the #1 Stock to Buy for the AI Tidal WaveMarc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.September 29, 2023 | msn.comGrab These Two Fan-Favorite Spices To Get Rid Of Ants NaturallySeptember 29, 2023 | yahoo.comGrab the top-rated KitchenAid can opener that shoppers say works 'seamlessly and nearly effortlessly' while it's 20% offSeptember 29, 2023 | news.yahoo.comRenton police arrest ‘prolific’ smash-and-grab burglary suspectSeptember 29, 2023 | msn.comLos Angeles County to receive $15.6 million to fight smash-and-grab crimesSeptember 29, 2023 | msn.comSmash and grab reported at cannabis dispensary, LAPD investigatingSeptember 30, 2023 | Chaikin Analytics (Ad)This is the #1 Stock to Buy for the AI Tidal WaveMarc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.September 29, 2023 | yahoo.comVisit these 4 Iowa farms and grab a dozen apple cider doughnutsSeptember 29, 2023 | msn.comGrab Your Hose To Banish Whiteflies From Your GardenSeptember 29, 2023 | msn.comSmash-and-grab robbers storm Palmdale jewelry storeSeptember 29, 2023 | americanbankingnews.comGrab (NASDAQ:GRAB) versus MercadoLibre (NASDAQ:MELI) Financial AnalysisSeptember 28, 2023 | usatoday.comBetMGM Kentucky Bonus Code USAFB200 – Grab $200 Instantly & Guaranteed NowSeptember 28, 2023 | msn.comGrab your board: Hundreds to paddle out from Ocean Beach to support clean oceansSeptember 28, 2023 | washingtonpost.comFantasy plays: Players to start and sit for NFL Week 4September 28, 2023 | msn.comRussia's land grab in Ukraine this year smaller than New York City - NYTSeptember 28, 2023 | yahoo.comGrab Your Razzles: 13 Going On 30 Is Becoming a MusicalSeptember 28, 2023 | msn.comNational Coffee Day is Sept. 29: Here's where to grab a free cup in Central JerseySeptember 28, 2023 | msn.comGrab Them Now: Most Loved Favorites Destined For Prime Big Deal Day FamSeptember 28, 2023 | ft.comA power grab against private equity threatens the US economySeptember 27, 2023 | usatoday.comCaesars Sportsbook Kentucky Promo Code USATKY – Final Hours to Grab $100 in Bonus BetsSeptember 27, 2023 | seekingalpha.comGrab Holdings: Inching Closer To Sustained ProfitabilitySeptember 26, 2023 | msn.comThe Cruise Line Land Grab for Private IslandsSeptember 26, 2023 | msn.comDeal Alert: Grab Apple's iPad Air With M1 Chip At $599September 26, 2023 | msn.comFamily-owned gallery loses $5,000 painting in New York City smash-and-grabSeptember 26, 2023 | msn.comFanDuel Promo Code for NFL Week 3: Grab $200 Bonus for Sunday, MNF GamesSee More Headlines 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 Earnings8/23/2023Today9/29/2023Next Earnings (Estimated)11/15/2023Fiscal 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/AEmployees11,934Year FoundedN/APrice Target and Rating Average Stock Price Forecast$4.69 High Stock Price Forecast$7.00 Low Stock Price Forecast$3.10 Forecasted Upside/Downside+32.1%Consensus RatingModerate Buy Rating Score (0-4)2.86 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)($0.27) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-1,683,000,000.00 Net Margins-55.26% Pretax Margin-56.78% Return on Equity-16.50% Return on Assets-12.16% Debt Debt-to-Equity Ratio0.10 Current Ratio4.85 Quick Ratio4.81 Sales & Book Value Annual Sales$1.43 billion Price / Sales9.28 Cash FlowN/A Price / Cash FlowN/A Book Value$1.78 per share Price / Book1.99Miscellaneous Outstanding Shares3,747,110,000Free Float3,612,219,000Market Cap$13.30 billion OptionableOptionable Beta0.91 20 Stocks to Sell NowMarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio? Find out by clicking the link below.Get This Free Report 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 Paradatheth (Age 41)Group Chief Technology Officer Vivian TongHead of US Investor RelationsMr. Christopher W. BettsGen. CounselMs. Chin Yin Ong (Age 48)Chief People Officer Andrew ChanManaging Director of TransportMore ExecutivesKey CompetitorsRB GlobalNYSE:RBAWEXNYSE:WEXTriNet GroupNYSE:TNETFLEETCOR TechnologiesNYSE:FLTDLocalNASDAQ:DLOView All CompetitorsInstitutional OwnershipAdalta Capital Management LLCBought 5,100 shares on 8/24/2023Ownership: 0.003%Wolverine Trading LLCSold 12,000 shares on 8/23/2023Ownership: 0.000%Virginia Retirement Systems ET ALBought 69,200 shares on 8/22/2023Ownership: 0.002%California State Teachers Retirement SystemBought 596,971 shares on 8/21/2023Ownership: 0.058%Osaic Holdings Inc.Bought 113,805 shares on 8/21/2023Ownership: 0.004%View All Institutional Transactions GRAB Stock - Frequently Asked Questions Should I buy or sell Grab stock right now? 7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Grab in the last twelve months. There are currently 1 hold rating and 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" GRAB shares. View GRAB analyst ratings or view top-rated stocks. What is Grab's stock price forecast for 2023? 7 brokers have issued 1-year price targets for Grab's stock. Their GRAB share price forecasts range from $3.10 to $7.00. On average, they anticipate the company's stock price to reach $4.69 in the next year. This suggests a possible upside of 32.1% 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 at the start of the year. Since then, GRAB shares have increased by 10.2% and is now trading at $3.55. View the best growth stocks for 2023 here. Are investors shorting Grab? Grab saw a decline in short interest in September. As of September 15th, there was short interest totaling 98,350,000 shares, a decline of 7.8% from the August 31st total of 106,630,000 shares. Based on an average daily trading volume, of 18,040,000 shares, the days-to-cover ratio is presently 5.5 days. Currently, 5.7% of the company's stock are short sold. View Grab's Short Interest. When is Grab's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 15th 2023. View our GRAB earnings forecast. How were Grab's earnings last quarter? Grab Holdings Limited (NASDAQ:GRAB) issued its earnings results on Wednesday, August, 23rd. The company reported ($0.03) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.04) by $0.01. The firm earned $567 million during the quarter, compared to the consensus estimate of $549.33 million. Grab had a negative trailing twelve-month return on equity of 16.50% and a negative net margin of 55.26%. The firm's revenue for the quarter was up 76.6% on a year-over-year basis. During the same quarter in the previous year, the business earned ($0.15) earnings per share. What ETFs hold Grab's stock? ETFs with the largest weight of Grab (NASDAQ:GRAB) stock in their portfolio include ProShares On-Demand ETF (OND), iShares MSCI Singapore ETF (EWS), FMQQ The Next Frontier Internet & Ecommerce ETF (FMQQ), Amplify Emerging Markets FinTech ETF (EMFQ), Asian Growth Cubs ETF (CUBS), SPDR S&P Kensho Smart Mobility ETF (HAIL), Global X Emerging Markets ETF (EMM) and Invesco ESG NASDAQ Next Gen 100 ETF (QQJG). What guidance has Grab issued on next quarter's earnings? Grab updated its FY 2023 earnings guidance on Wednesday, August, 23rd. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $2.20 billion-$2.30 billion, compared to the consensus revenue estimate of $2.29 billion. What is Grab's stock symbol? Grab trades on the NASDAQ under the ticker symbol "GRAB." 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 $3.55. How much money does Grab make? Grab (NASDAQ:GRAB) has a market capitalization of $13.30 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 ($0.27) on an earnings per share basis. How many employees does Grab have? The company employs 11,934 workers across the globe. 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 9/30/2023 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. 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