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NASDAQ:GRAB

Grab (GRAB) Stock Price, News & Analysis

$3.68
0.00 (0.00%)
(As of 06/6/2024 ET)
Today's Range
$3.65
$3.72
50-Day Range
$3.14
$3.74
52-Week Range
$2.90
$3.92
Volume
26.41 million shs
Average Volume
24.10 million shs
Market Capitalization
$14.44 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$5.07

Grab MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
37.8% Upside
$5.07 Price Target
Short Interest
Healthy
3.85% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
1.22mentions of Grab in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.01) to $0.06 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.03 out of 5 stars

Business Services Sector

199th out of 302 stocks

Business Services, Not Elsewhere Classified Industry

70th out of 91 stocks

GRAB stock logo

About Grab Stock (NASDAQ:GRAB)

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. Grab Holdings Limited is headquartered in Singapore.

GRAB Stock Price History

GRAB Stock News Headlines

MarketBeat Week in Review – 5/20 - 5/24 (GRAB)
The market sold off sharply despite a strong earnings report from Nvidia; a short trading week will include economic reports that could bring more volatility
Grab Holdings: It's Time to Snatch Up Shares While They're Cheap
Grab Holdings Ltd. NASDAQ: GRAB operates a one-stop super app platform offering ride-hailing, delivery and financial services in Southeast Asia.
Grab Holdings: It’s Time to Snatch Up Shares While They’re Cheap
Grab Holdings is a penny stock, but its recent performance and guidance show investors that it may be too cheap to pass up
3 Small Cap Techs Gaining Traction for Investors
Tech stocks offer the largest gains for investors because the opportunity for growth is immense. Often started from nothing, microcap tech stocks can blossom into market-leading names, with Alphabet NASDAQ: GOOGL, Apple NASDAQ: AAPL, and Microsoft NASDAQ: MSFT as prime examples.
3 Small Cap Techs Gaining Traction for Investors
These small-cap stocks are gaining traction and growing their business in a tough environment. Up double digits, they could rise another double digits soon.
7.5 Reasons To Buy Grab
See More Headlines
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Company Calendar

Last Earnings
2/22/2024
Today
6/06/2024
Next Earnings (Estimated)
8/28/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Business services, not elsewhere classified
Sub-Industry
N/A
Current Symbol
NASDAQ:GRAB
Fax
N/A
Employees
10,604
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$5.07
High Stock Price Target
$7.00
Low Stock Price Target
$3.80
Potential Upside/Downside
+37.8%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
7 Analysts

Profitability

Net Income
$-434,000,000.00
Pretax Margin
-13.22%

Debt

Sales & Book Value

Annual Sales
$2.36 billion
Book Value
$1.65 per share

Miscellaneous

Outstanding Shares
3,923,000,000
Free Float
3,781,772,000
Market Cap
$14.44 billion
Optionable
Optionable
Beta
0.82
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Key Executives

  • Mr. Ping Yeow Tan (Age 41)
    Co-Founder, Chairman & CEO
  • Mr. Peter Oey (Age 52)
    Chief Financial Officer
  • Mr. Alexander Charles Hungate (Age 57)
    Chief Operating Officer
  • Mr. Suthen Thomas Paradatheth (Age 42)
    Group Chief Technology Officer
  • Vivian Tong
    Head of US Investor Relations
  • Mr. Christopher W. Betts
    General Counsel
  • Ms. Chin Yin Ong (Age 48)
    Chief People Officer & Director
  • Ms. Hooi Ling Tan (Age 41)
    Advisor
  • Mr. Ming-Hokng Maa (Age 47)
    Executive Officer
  • Kenneth Lek
    Head of Strategic Finance

GRAB Stock Analysis - 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 year. There are currently 7 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" GRAB shares.
View GRAB analyst ratings
or view top-rated stocks.

What is Grab's stock price target for 2024?

7 Wall Street analysts have issued twelve-month price targets for Grab's stock. Their GRAB share price targets range from $3.80 to $7.00. On average, they expect the company's share price to reach $5.07 in the next twelve months. This suggests a possible upside of 37.8% 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 2024?

Grab's stock was trading at $3.37 at the beginning of the year. Since then, GRAB shares have increased by 9.2% and is now trading at $3.68.
View the best growth stocks for 2024 here
.

Are investors shorting Grab?

Grab saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 84,640,000 shares, an increase of 31.0% from the April 30th total of 64,590,000 shares. Based on an average daily trading volume, of 25,730,000 shares, the days-to-cover ratio is presently 3.3 days. Currently, 3.9% of the shares of the stock 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, August 28th 2024.
View our GRAB earnings forecast
.

How were Grab's earnings last quarter?

Grab Holdings Limited (NASDAQ:GRAB) announced its quarterly earnings data on Thursday, February, 22nd. The company reported $0.01 earnings per share for the quarter, topping analysts' consensus estimates of ($0.02) by $0.03. The firm had revenue of $653 million for the quarter, compared to analyst estimates of $633.82 million. Grab had a negative trailing twelve-month return on equity of 4.62% and a negative net margin of 11.86%. The business's quarterly revenue was up 30.1% compared to the same quarter last year. During the same quarter last year, the firm earned ($0.10) EPS.

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

Grab issued an update on its FY 2024 earnings guidance on Thursday, May, 16th. The company provided EPS guidance of for the period. The company issued revenue guidance of $2.7 billion-$2.8 billion, compared to the consensus revenue estimate of $2.8 billion.

Who are Grab's major shareholders?

Grab's stock is owned by many different institutional and retail investors. Top institutional shareholders include Capital Research Global Investors (2.89%), Coronation Fund Managers Ltd. (0.89%), Allspring Global Investments Holdings LLC (0.43%), Allspring Global Investments Holdings LLC (0.43%), Tremblant Capital Group (0.33%) and WCM Investment Management LLC (0.26%).

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:GRAB) was last updated on 6/6/2024 by MarketBeat.com Staff

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