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Elon Did It Again: This Could be Bigger than Tesla (Ad)
This Little Known Automaker May Save Your Life and Your Portfolio
How You Can Reverse Engineer Michael Burry's Latest Buy
S&P 500   4,274.51
DOW   33,550.27
QQQ   355.04
Cintas: A Quality Buy and Hold Forever Stock at Any Price
Investing Legend Warns: NVIDIA is a "Delusion" (Ad)
Pain for Gain: 2 Stocks Whose CEOs Left Without a Clue
3 Household Names With RSIs That Scream Oversold
Elon Did It Again: This Could be Bigger than Tesla (Ad)
The Odds Are High Costco Will Declare a Special Dividend Soon 
Stock market today: Asian shares fall over China worries, Seoul trading closed for a holiday
Elon Did It Again: This Could be Bigger than Tesla (Ad)
This Little Known Automaker May Save Your Life and Your Portfolio
How You Can Reverse Engineer Michael Burry's Latest Buy
S&P 500   4,274.51
DOW   33,550.27
QQQ   355.04
Cintas: A Quality Buy and Hold Forever Stock at Any Price
Investing Legend Warns: NVIDIA is a "Delusion" (Ad)
Pain for Gain: 2 Stocks Whose CEOs Left Without a Clue
3 Household Names With RSIs That Scream Oversold
Elon Did It Again: This Could be Bigger than Tesla (Ad)
The Odds Are High Costco Will Declare a Special Dividend Soon 
Stock market today: Asian shares fall over China worries, Seoul trading closed for a holiday
Elon Did It Again: This Could be Bigger than Tesla (Ad)
This Little Known Automaker May Save Your Life and Your Portfolio
How You Can Reverse Engineer Michael Burry's Latest Buy
S&P 500   4,274.51
DOW   33,550.27
QQQ   355.04
Cintas: A Quality Buy and Hold Forever Stock at Any Price
Investing Legend Warns: NVIDIA is a "Delusion" (Ad)
Pain for Gain: 2 Stocks Whose CEOs Left Without a Clue
3 Household Names With RSIs That Scream Oversold
Elon Did It Again: This Could be Bigger than Tesla (Ad)
The Odds Are High Costco Will Declare a Special Dividend Soon 
Stock market today: Asian shares fall over China worries, Seoul trading closed for a holiday
Elon Did It Again: This Could be Bigger than Tesla (Ad)
This Little Known Automaker May Save Your Life and Your Portfolio
How You Can Reverse Engineer Michael Burry's Latest Buy
NASDAQ:GRAB

Grab (GRAB) Stock Forecast, Price & News

$3.38
-0.02 (-0.59%)
(As of 09/27/2023 ET)
Compare
Today's Range
$3.36
$3.46
50-Day Range
$3.24
$3.83
52-Week Range
$2.19
$4.03
Volume
20.91 million shs
Average Volume
17.57 million shs
Market Capitalization
$12.67 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$4.69

Grab MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.86 Rating Score
Upside/​Downside
38.7% Upside
$4.69 Price Target
Short Interest
Healthy
5.65% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.25mentions of Grab in the last 14 days
Based on 33 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

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 stars

Business Services Sector

238th out of 316 stocks

Business Services, Not Elsewhere Classified Industry

78th out of 92 stocks


GRAB stock logo

About Grab (NASDAQ:GRAB) Stock

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. The company is headquartered in Singapore.

GRAB Price History

GRAB Stock News Headlines

Grab Holdings: Inching Closer To Sustained Profitability
Holding NVDA? Read This Now
NVDA is likely not the best buy for A.I. investors. 50-year Wall Street veteran Marc Chaikin reveals what to buy instead. Learn more here.
The Cruise Line Land Grab for Private Islands
CLSA Sticks to Its Buy Rating for Grab (GRAB)
Holding NVDA? Read This Now
NVDA is likely not the best buy for A.I. investors. 50-year Wall Street veteran Marc Chaikin reveals what to buy instead. Learn more here.
Texans grab big lead, upset Jaguars
California's Smash-and-Grab Politics
See 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.

GRAB Company Calendar

Last Earnings
8/23/2023
Today
9/27/2023
Next Earnings (Estimated)
11/15/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Business services, not elsewhere classified
Sub-Industry
N/A
Current Symbol
NASDAQ:GRAB
Fax
N/A
Employees
11,934
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$4.69
High Stock Price Forecast
$7.00
Low Stock Price Forecast
$3.10
Forecasted Upside/Downside
+38.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.86
Research Coverage
7 Analysts

Profitability

Net Income
$-1,683,000,000.00
Pretax Margin
-56.78%

Debt

Sales & Book Value

Annual Sales
$1.43 billion
Book Value
$1.78 per share

Miscellaneous

Outstanding Shares
3,747,110,000
Free Float
3,612,219,000
Market Cap
$12.70 billion
Optionable
Optionable
Beta
0.91
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Key Executives

  • Mr. 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 Tong
    Head of US Investor Relations
  • Mr. Christopher W. Betts
    Gen. Counsel
  • Ms. Chin Yin Ong (Age 48)
    Chief People Officer
  • Andrew Chan
    Managing Director of Transport













GRAB Stock - Frequently Asked Questions

Should I buy or sell Grab stock right now?

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Grab in the last year. There are currently 1 hold rating and 6 buy ratings for the stock. The consensus among Wall Street equities 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 Wall Street analysts have issued 12-month price objectives for Grab's stock. Their GRAB share price forecasts range from $3.10 to $7.00. On average, they predict the company's share price to reach $4.69 in the next year. This suggests a possible upside of 38.3% 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 at the start of the year. Since then, GRAB shares have increased by 5.3% and is now trading at $3.39.
View the best growth stocks for 2023 here
.

Are investors shorting Grab?

Grab saw a drop in short interest during the month of September. As of September 15th, there was short interest totaling 98,350,000 shares, a drop of 7.8% from the August 31st total of 106,630,000 shares. Based on an average daily volume of 18,040,000 shares, the days-to-cover ratio is currently 5.5 days. Currently, 5.7% of the shares of the company are sold short.
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) released its quarterly earnings data 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 company 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 was up 76.6% compared to the same quarter last year. During the same period in the prior year, the company earned ($0.15) EPS.

What guidance has Grab issued on next quarter's earnings?

Grab issued an update on its FY 2023 earnings guidance on Wednesday, August, 23rd. 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 $2.29 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 a variety of retail and institutional investors. Top institutional investors include Capital Research Global Investors (4.24%), BlackRock Inc. (2.32%), State Street Corp (0.92%), Fullerton Fund Management Co Ltd. (0.51%), Geode Capital Management LLC (0.42%) and Dragoneer Investment Group LLC (0.38%).

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 $3.39.

How much money does Grab make?

Grab (NASDAQ:GRAB) has a market capitalization of $12.70 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 9/28/2023 by MarketBeat.com Staff

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