NASDAQ:GRAB

Grab (GRAB) Stock Price, News & Analysis

$3.54
+0.01 (+0.28%)
(As of 08:42 AM ET)
Today's Range
$3.54
$3.54
50-Day Range
$3.07
$3.53
52-Week Range
$2.67
$3.92
Volume
90,803 shs
Average Volume
23.74 million shs
Market Capitalization
$13.89 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$5.10

Grab MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
44.5% Upside
$5.10 Price Target
Short Interest
Healthy
2.57% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.30mentions of Grab in the last 14 days
Based on 53 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.

2.96 out of 5 stars

Business Services Sector

151st out of 312 stocks

Business Services, Not Elsewhere Classified Industry

52nd out of 89 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

Elon to Transform U.S. Economy?
A radical, potentially game-changing technology that threatens to destroy the trillion-dollar, “green energy” grift of the elites. And yet, while it threatens their wealth and power, it could be transformational for both the U.S. economy and your wealth.
Elon to Transform U.S. Economy?
A radical, potentially game-changing technology that threatens to destroy the trillion-dollar, “green energy” grift of the elites. And yet, while it threatens their wealth and power, it could be transformational for both the U.S. economy and your wealth.
See More Headlines
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Company Calendar

Last Earnings
2/22/2024
Today
5/05/2024
Next Earnings (Confirmed)
5/15/2024
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
$5.10
High Stock Price Target
$7.00
Low Stock Price Target
$3.80
Potential Upside/Downside
+44.5%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
6 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
$13.85 billion
Optionable
Optionable
Beta
0.81
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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?

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Grab in the last year. There are currently 6 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?

6 brokers have issued 12 month price targets for Grab's shares. Their GRAB share price targets range from $3.80 to $7.00. On average, they expect the company's share price to reach $5.10 in the next year. This suggests a possible upside of 44.5% 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 start of the year. Since then, GRAB shares have increased by 4.7% and is now trading at $3.53.
View the best growth stocks for 2024 here
.

Are investors shorting Grab?

Grab saw a increase in short interest in the month of April. As of April 15th, there was short interest totaling 66,150,000 shares, an increase of 9.7% from the March 31st total of 60,320,000 shares. Based on an average trading volume of 25,680,000 shares, the short-interest ratio is currently 2.6 days. Currently, 2.6% 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, May 15th 2024.
View our GRAB earnings forecast
.

How can I listen to Grab's earnings call?

Grab will be holding an earnings conference call on Wednesday, May 15th at 8:00 PM Eastern. Interested parties can register for or listen to the call using this link.

How were Grab's earnings last quarter?

Grab Holdings Limited (NASDAQ:GRAB) issued its quarterly earnings results on Thursday, February, 22nd. The company reported $0.01 earnings per share (EPS) for the quarter, beating 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% compared to the same quarter last year. During the same period last year, the business earned ($0.10) earnings per share.

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

Grab issued an update on its FY 2024 earnings guidance on Thursday, February, 22nd. The company provided earnings per share (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 a number of institutional and retail investors. Top institutional shareholders include Coronation Fund Managers Ltd. (0.89%), Allspring Global Investments Holdings LLC (0.43%), Allspring Global Investments Holdings LLC (0.43%), WCM Investment Management LLC (0.26%), Sumitomo Mitsui Trust Holdings Inc. (0.14%) and Assenagon Asset Management S.A. (0.08%).

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 5/6/2024 by MarketBeat.com Staff

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