S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: World shares are mostly higher after S&P 500 sets another record
5 Dividend Kings Stocks to Load Up on Now
Palantir Technologies: Bearish Sentiment, Bullish Chart Signals
Chinese leader Xi issues a positive message at a meeting with US business leaders as ties improve
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
Low VIX? 3 High Beta Stocks To Boost Your Returns
S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: World shares are mostly higher after S&P 500 sets another record
5 Dividend Kings Stocks to Load Up on Now
Palantir Technologies: Bearish Sentiment, Bullish Chart Signals
Chinese leader Xi issues a positive message at a meeting with US business leaders as ties improve
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
Low VIX? 3 High Beta Stocks To Boost Your Returns
S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: World shares are mostly higher after S&P 500 sets another record
5 Dividend Kings Stocks to Load Up on Now
Palantir Technologies: Bearish Sentiment, Bullish Chart Signals
Chinese leader Xi issues a positive message at a meeting with US business leaders as ties improve
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
Low VIX? 3 High Beta Stocks To Boost Your Returns
S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: World shares are mostly higher after S&P 500 sets another record
5 Dividend Kings Stocks to Load Up on Now
Palantir Technologies: Bearish Sentiment, Bullish Chart Signals
Chinese leader Xi issues a positive message at a meeting with US business leaders as ties improve
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
Low VIX? 3 High Beta Stocks To Boost Your Returns
NASDAQ:GRAB

Grab (GRAB) Stock Price, News & Analysis

$3.20
+0.04 (+1.27%)
(As of 03/27/2024 ET)
Today's Range
$3.13
$3.20
50-Day Range
$3.00
$3.53
52-Week Range
$2.67
$3.92
Volume
20.69 million shs
Average Volume
23.56 million shs
Market Capitalization
$12.55 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
54.0% 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 56 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.

3.68 out of 5 stars

Business Services Sector

78th out of 299 stocks

Business Services, Not Elsewhere Classified Industry

39th 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. The company is headquartered in Singapore.

GRAB Stock Price History

GRAB Stock News Headlines

The 7 Best Penny Stocks to Buy in Q2 2024
SHOCKING Crypto Leak…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
Crypto Market Preps For Trillions Worth of Inflows!
Bitcoin is rapidly approaching new ALL-TIME HIGHS… The market is buzzing after recent approval of spot Bitcoin exchange-traded funds (ETF). Top analysts predict these ETFs will attract trillions of dollars worth of inflows over the next few years… And as Bitcoin rallies, we could see other smaller coins rise to heights never seen before.
Grab: Consider Buying Before The Market Realizes It
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.

Company Calendar

Last Earnings
2/22/2024
Today
3/27/2024
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
+54.0%
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
$12.55 billion
Optionable
Optionable
Beta
0.90
13 Stocks Institutional Investors Won't Stop Buying Cover

Which stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.

Get This Free Report

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 equities research 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 equities 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?

5 Wall Street analysts have issued 1 year price targets for Grab's stock. Their GRAB share price targets range from $3.80 to $7.00. On average, they anticipate the company's share price to reach $4.93 in the next twelve months. This suggests a possible upside of 54.0% 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 at the start of the year. Since then, GRAB shares have decreased by 5.0% and is now trading at $3.20.
View the best growth stocks for 2024 here
.

Are investors shorting Grab?

Grab saw a decline in short interest in March. As of March 15th, there was short interest totaling 62,960,000 shares, a decline 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 short-interest ratio is presently 2.8 days. Approximately 3.2% of the company's shares 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 Thursday, May 16th 2024.
View our GRAB earnings forecast
.

How were Grab's earnings last quarter?

Grab Holdings Limited (NASDAQ:GRAB) released its earnings results on Thursday, February, 22nd. The company reported $0.01 EPS for the quarter, topping analysts' consensus estimates of ($0.02) by $0.03. The business earned $653 million during 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 company'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 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 a number of institutional and retail investors. Top institutional investors 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

From Our Partners