Grab Holdings Limited (GRAB)
| Market Cap | 19.05B |
| Revenue (ttm) | 2.69B |
| Net Income (ttm) | -96.00M |
| Shares Out | 4.03B |
| EPS (ttm) | -0.02 |
| PE Ratio | n/a |
| Forward PE | 157.67 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 54,076,589 |
| Open | 4.700 |
| Previous Close | 4.730 |
| Day's Range | 4.590 - 4.740 |
| 52-Week Range | 2.900 - 4.930 |
| Beta | 0.81 |
| Analysts | Strong Buy |
| Price Target | 5.74 (+21.35%) |
| Earnings Date | Nov 11, 2024 |
About 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 was founded in 2012 and is headquartered in Singapore. [Read more]
Financial Performance
In 2023, Grab Holdings's revenue was $2.36 billion, an increase of 64.62% compared to the previous year's $1.43 billion. Losses were -$434.00 million, -74.21% less than in 2022.
Financial StatementsAnalyst Forecast
According to 7 analysts, the average rating for GRAB stock is "Strong Buy." The 12-month stock price forecast is $5.74, which is an increase of 21.35% from the latest price.
News
Grab: A Waking Giant
Grab recently posted a double-beat on Q3 earnings, sending shares 11% higher. Grab is now FCF positive on a trailing twelve month basis — the company also reported its second quarter of positive net i...
Grab Holdings: Grab This Bargain Before It Gets Too Expensive
Users active in both GrabFood and GrabMart show 5x order frequency, driving delivery revenue up 13% YoY in Q3 2024. With just 5% of the regional population using Grab monthly, there's substantial room...
Grab Double-Downs on Advertising
Grab CFO Peter Oey joins Caroline Hyde after posting 3Q earnings that beat estimates and boosting its earnings forecast for the year, saying they're willing to double-down on advertising. He speaks on...
Does Grab have room to grow further in Southeast Asia?
Grab Holdings Ltd (NASDAQ: GRAB) reported a strong third quarter this morning as investments it's been making across the business helped accelerate its on-demand gross merchandise value. The multinati...
Grab Holdings Earnings: Cautious Optimism Amid Strong Q3 Momentum
Grab Holdings delivers strong earnings, beating top and bottom lines, with a positive outlook, leading to a 10% stock jump after-hours. Grab's diverse services and expanding user base in Southeast Asi...
Grab Holdings Limited (GRAB) Q3 2024 Earnings Call Transcript
Grab Holdings Limited (NASDAQ:GRAB) Q3 2024 Earnings Conference Call November 11, 2024 7:00 PM ET Company Participants Douglas Eu - Director of Investor Relations and Strategic Finance Anthony Tan - ...
Grab CFO: Southeast Asia still a very under-penetrated market
Grab raises its full-year outlook on revenue and EBITDA. CFO Peter Oey highlights bright spots in the company's earnings pictures, and says he continues to see strong demand in Southeast Asia.
Grab Reports Third Quarter 2024 Results
SINGAPORE, Nov. 11, 2024 (GLOBE NEWSWIRE) -- Grab Holdings Limited (NASDAQ: GRAB) today announced unaudited financial results for the third quarter ended September 30, 2024.
A Buy Antithesis For Grab Holdings
Growth is slowing. Low-margins limit long-term profitability. The digital banking venture will face scaling challenges.
UPDATE - Grab to Announce Third Quarter 2024 Results on November 11, 2024
NEW YORK, Oct. 21, 2024 (GLOBE NEWSWIRE) -- Grab Holdings Limited (NASDAQ: GRAB, the “Company” or “Grab”), plans to announce its unaudited third quarter 2024 results after the U.S. market closes on N...
Grab to Announce Third Quarter 2024 Results on November 12, 2024
NEW YORK, Oct. 21, 2024 (GLOBE NEWSWIRE) -- Grab Holdings Limited (NASDAQ: GRAB, the “Company” or “Grab”), plans to announce its unaudited third quarter 2024 results after the U.S. market closes on N...
Uber stock surged to ATH: Will Grab Holdings do the same?
Uber Technologies (UBER) stock has done well this year, surging by over 28% and reaching its all-time high. It has risen by 146% in the past five years, giving it a market cap of $166 billion, making ...
Massive Growth In Users As Grab Holdings Expands Its Suite Of Offerings
Grab is a great international diversification play, with favorable exposure to fast-growing Southeast Asia. The company is adding users at a rapid clip, helped by affordability options like Saver Deli...
Deliverect Partners With Hy-Vee to Simplify Grab-and-Go, Delivery App Ordering and Curbside Pickup
NEW YORK--(BUSINESS WIRE)--Deliverect, the leading global food tech SaaS company, today announced a partnership with Hy-Vee to support the growth and expansion of the retailer's digital food ordering....
Grab 2Q24 Earnings: Robust Sequential Growth, But Conservative Guidance
Grab's 2Q24 earnings showed solid growth in Deliveries GMV, Ads business, and a strong financial service segment, but dragged down by foreign exchange. Increased incentives are aimed at driving adopti...
Grab Holdings: The Good, The Bad, And The Ignored
Grab reported mixed Q2 results that lead to a 7%+ sell-off. Growth was the main issue in the report — however, this was mainly distorted by FX headwinds. The underlying business fundamentals remain so...
Grab is 'very, very bullish' on Southeast Asia, CFO says
Peter Oey, CFO of Grab, says demand is "very strong" in the region.
Grab Sees Strong Banking Growth From Digitally-Engaged Singapore
Indonesian super app Grab saw a record number of monthly users in its latest quarter. “We continued to harness the strength of the Grab ecosystem, and improved the usage frequency and reliability of o...
Grab Sees Rider Spending Down, Sending Stock Tumbling
Shares of Grab Holdings (GRAB) tumbled in intraday trading Thursday as the Asian ride-hailing firm missed revenue estimates and gave soft guidance as rider spending declined.
Grab Holdings Limited (GRAB) Q2 2024 Earnings Call Transcript
Grab Holdings Limited (NASDAQ:GRAB) Q2 2024 Earnings Conference Call August 15, 2024 8:00 PM ET Company Participants Douglas Eu - Director, IR & Strategic Finance Anthony Tan - CEO Alex Hungate - COO...
Grab Reports Second Quarter 2024 Results
• Revenue grew 17% year-over-year, or 23% on a constant currency basis to $664 million• On-Demand GMV grew 13% year-over-year, or 18% on a constant currency basis to $4.4 billion• Operating Lo...
Grab: Profitability In Sight
Not much has changed for Grab on its path to profitability. Both its core businesses continue to gain top and bottom-line momentum. Don't forget the massive net cash that is slowly but surely being de...
Grab to Announce Second Quarter 2024 Results on August 15, 2024
NEW YORK, July 23, 2024 (GLOBE NEWSWIRE) -- Grab Holdings Limited (NASDAQ: GRAB, the “Company” or “Grab”), plans to announce its unaudited second quarter 2024 results before the U.S. market opens on A...
Grab: Reducing Costs And Growing Through Tourism
Grab offers deliveries, mobility, and financial services in Southeast Asia, with a stock price down 70% since its IPO in 2021. Grab has a dominant market share and a strong brand name. The company wil...
7.5 Reasons To Buy Grab
Grab stock is still down 80% from its peak and has traded sideways for nearly two years. I understand why investors might be frustrated with the stock. However, I believe Grab stock is still a sleepin...