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S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Wall Street rises to more records to close out its latest winning month
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
3 Value Stocks Too Small For Buffett’s Portfolio
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Wall Street rises to more records to close out its latest winning month
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
3 Value Stocks Too Small For Buffett’s Portfolio
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Wall Street rises to more records to close out its latest winning month
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
3 Value Stocks Too Small For Buffett’s Portfolio
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
NASDAQ:GRAB

Grab (GRAB) Stock Price, News & Analysis

$3.14
-0.06 (-1.88%)
(As of 03/28/2024 ET)
Today's Range
$3.12
$3.21
50-Day Range
$3.00
$3.53
52-Week Range
$2.67
$3.92
Volume
24.60 million shs
Average Volume
23.58 million shs
Market Capitalization
$12.32 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$4.93

Grab MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
57.0% Upside
$4.93 Price Target
Short Interest
Healthy
3.16% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.28mentions of Grab in the last 14 days
Based on 52 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
500.00%
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.

3.69 out of 5 stars

Business Services Sector

80th out of 308 stocks

Business Services, Not Elsewhere Classified Industry

39th out of 88 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. The company is headquartered in Singapore.

GRAB Stock Price History

GRAB Stock News Headlines

Trump’s “Tax Free” Retirement Strategy
Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.
Trump’s “Tax Free” Retirement Strategy
Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.
The 7 Best Penny Stocks to Buy in Q2 2024
Grab: Consider Buying Before The Market Realizes It
See More Headlines
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Company Calendar

Last Earnings
2/22/2024
Today
3/28/2024
Next Earnings (Estimated)
5/16/2024
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
11,934
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$4.93
High Stock Price Target
$7.00
Low Stock Price Target
$3.80
Potential Upside/Downside
+54.5%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
5 Analysts

Profitability

Net Income
$-434,000,000.00
Pretax Margin
-19.75%

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
$12.51 billion
Optionable
Optionable
Beta
0.90
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Key Executives

  • Mr. Ping Yeow Tan (Age 42)
    Co-Founder, Chairman & CEO
  • Mr. Peter Oey (Age 53)
    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 39)
    Advisor
  • Andrew Chan
    Managing Director of Transport
  • Mr. Ming-Hokng Maa (Age 47)
    Executive Officer

GRAB Stock Analysis - Frequently Asked Questions

Should I buy or sell Grab stock right now?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Grab in the last twelve months. There are currently 5 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 target for 2024?

5 Wall Street analysts have issued 1 year target prices 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 $4.93 in the next year. This suggests a possible upside of 57.0% 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 on January 1st, 2024. Since then, GRAB stock has decreased by 6.8% and is now trading at $3.14.
View the best growth stocks for 2024 here
.

Are investors shorting Grab?

Grab saw a decrease in short interest in March. As of March 15th, there was short interest totaling 62,960,000 shares, a decrease of 9.3% from the February 29th total of 69,440,000 shares. Based on an average daily trading volume, of 22,750,000 shares, the days-to-cover ratio is currently 2.8 days. Currently, 3.2% 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 Thursday, May 16th 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 analysts' expectations of $633.82 million. Grab had a negative trailing twelve-month return on equity of 6.77% and a negative net margin of 18.43%. The business's revenue was up 30.1% on a year-over-year basis. During the same period in the prior year, the company posted ($0.10) earnings per share.

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

Grab updated its FY 2024 earnings guidance on Thursday, February, 22nd. The company provided earnings per share 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 (3.54%), Norges Bank (1.16%), Artisan Partners Limited Partnership (0.66%), Fullerton Fund Management Co Ltd. (0.46%), Legal & General Group Plc (0.42%) and Prudential PLC (0.41%).

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 3/28/2024 by MarketBeat.com Staff

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