Grab Holdings Limited (GRAB)

NASDAQ: GRAB · IEX Real-Time Price · USD
3.71
+0.08 (2.20%)
At close: Jan 27, 2023, 4:00 PM
3.72
+0.01 (0.27%)
After-hours: Jan 27, 2023, 7:58 PM EST
2.2%
Market Cap 14.29B
Revenue (ttm) 1.05B
Net Income (ttm) -2.35B
Shares Out 3.85B
EPS (ttm) -0.84
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 26,018,215
Open 3.63
Previous Close 3.63
Day's Range 3.61 - 3.77
52-Week Range 2.19 - 6.61
Beta 0.61
Analysts Buy
Price Target 4.28 (+15.36%)
Earnings Date Feb 15, 2023

About GRAB

Grab Holdings Limited provides superapps that allows access to mobility, delivery, financial services, and enterprise offerings through its mobile application in Cambodia, Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam. The company is headquartered in Singapore. [Read more]

Sector Technology
CEO Mr. Ping Yeow Tan
Employees 9,493
Stock Exchange NASDAQ
Ticker Symbol GRAB
Full Company Profile

Financial Performance

In 2021, Grab Holdings's revenue was $675.00 million, an increase of 43.92% compared to the previous year's $469.00 million. Losses were -$3.45 billion, 32.2% more than in 2020.

Financial Statements

Analyst Forecast

According to 25 analysts, the average rating for GRAB stock is "Buy." The 12-month stock price forecast is $4.28, which is an increase of 15.36% from the latest price.

Price Target
$4.28
(15.36% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Ridesharing App Grab Freezes Hiring and Salaries

Singapore's Grab Holdings wants to cut costs for its ridesharing app/food delivery service. A report Thursday (Dec. 15) by Reuters outlines the cost-cutting measures, which come amid ongoing struggles...

1 month ago - PYMNTS

Exclusive: Grab to implement cost cuts, cites uncertain macroeconomic situation- CEO in memo

Grab Holdings Ltd , Southeast Asia's biggest ride-hailing and food delivery firm, is rolling out cost-cutting measures to cope with an uncertain macroeconomic situation, the Singapore-based company's ...

1 month ago - Reuters

Grab pares losses by 24% in third quarter; deliveries segment breaks even earlier than expected

Grab managed to reduce losses by 24% in the third quarter and broke even in its deliveries segment earlier than expected.

2 months ago - CNBC

Grab Reports Third Quarter 2022 Results

SINGAPORE--(BUSINESS WIRE)--Grab Holdings Limited (NASDAQ: GRAB) today announced unaudited financial results for the quarter ended September 30, 2022.

2 months ago - Business Wire

Grab to Announce Third Quarter 2022 Results on November 16, 2022

NEW YORK, Oct. 20, 2022 (GLOBE NEWSWIRE) -- Grab Holdings Limited (NASDAQ: GRAB, the “Company” or “Grab”), plans to announce its unaudited third quarter results before the U.S. market opens on Novembe...

3 months ago - GlobeNewsWire

barclays initiates grab stock coverage with equal weight rating

Yahoo Finance Live anchors Julie Hyman, Brad Smith and Brian Sozzi discuss a mixed note from Barclays on Grab Holdings.

3 months ago - Yahoo Finance

Grab CFO on Path to Profitability, Expansion Plans

Grab CFO Peter Oey says the company will focus on expanding into new areas such as groceries and advertising during an interview with Ed Ludlow. The Southeast Asia ride-sharing and delivery giant expe...

4 months ago - Bloomberg Technology

Grab targets Group Adjusted EBITDA breakeven by H2 2024 as it accelerates path to profitability

SINGAPORE--(BUSINESS WIRE)--Grab Holdings Limited (NASDAQ: GRAB) announced today at its first Investor Day that it is targeting to achieve breakeven on a Group Adjusted EBITDA1 basis by the second hal...

4 months ago - Business Wire

EXCLUSIVE Grab sees no big layoffs despite weak market

Grab , Southeast Asia's biggest ride-hailing and food delivery firm, does not envisage having to undertake mass layoffs as some rivals have done, and is selectively hiring, while reining in its financ...

4 months ago - Reuters

As Delivery Demand Falls, Grab Looks to Cut Costs

The chief financial officer of Singapore-based super app Grab has begun seeking ways to trim spending as the company works to break even. As The Wall Street Journal reported Wednesday (Sept.

5 months ago - PYMNTS

Grab Isn't Seeing a Pullback in Demand, CFO Says

Grab is trying to accelerate its path to profitability, CFO Peter Oey says in an interview with Taylor Riggs on "Bloomberg Markets: The Close." Grab reported a better-than-expected 79% revenue increas...

5 months ago - Bloomberg Technology

Singapore's Grab reports 79% rise in quarterly revenue

Singapore's Grab Holdings Ltd reported a 79% rise in quarterly revenue on Thursday, powered by a surge in demand for rideshare as offices reopen across Southeast Asia.

5 months ago - Reuters

Grab Reports Second Quarter 2022 Results

SINGAPORE--(BUSINESS WIRE)--Grab Holdings Limited (NASDAQ: GRAB) today announced financial results for the quarter ended June 30, 2022. “Our second quarter results showed that we can grow sustainably....

5 months ago - Business Wire

Grab to Host Investor Day on September 27, 2022

NEW YORK, Aug. 04, 2022 (GLOBE NEWSWIRE) -- Grab Holdings Limited (NASDAQ: GRAB, the “Company” or “Grab”), today announced that it will hold an Investor Day on September 27, 2022 at 8:00 AM Singapore ...

6 months ago - GlobeNewsWire

Tech dominates the top 10 worst-performing large-cap stocks in 2022

Macro conditions were troubling for tech stocks even before Russia decided to invade Ukraine, but the slide has only gotten

6 months ago - Finbold

Grab to Announce Second Quarter 2022 Results on August 25, 2022; Executives to Participate in Upcoming Investor Conferences

NEW YORK, July 21, 2022 (GLOBE NEWSWIRE) -- Grab Holdings Limited (NASDAQ: GRAB, the “Company” or “Grab”), plans to announce its second quarter results before the U.S. market opens on August 25, 2022.

6 months ago - GlobeNewsWire

Grab awarded “AA” MSCI ESG rating

SINGAPORE, June 13, 2022 (GLOBE NEWSWIRE) -- Grab Holdings Limited (NASDAQ: GRAB) announced today it has received an MSCI ESG Rating of “AA”. The rating is the second-highest MSCI ESG rating attainabl...

8 months ago - GlobeNewsWire

Grab Holdings is a buy with a high potential upside

Grab Holdings Limited (NASDAQ:GRAB) attracted attention after gaining more than 15%. The gains are due to revenue growth.

8 months ago - Invezz

Why Grab Holdings Shares Are Trading Higher

Grab Holdings Limited (NASDAQ: GRAB) shares are trading higher after the company announced the launch of GrabMaps. GrabMaps is a new enterprise service that will allow the company to tap into the $1 b...

8 months ago - Benzinga

Grab to Be Fully Powered by Its Own Mapping Technology by Q3 2022

SINGAPORE--(BUSINESS WIRE)--Grab Holdings Limited (NASDAQ: GRAB) today announced the launch of GrabMaps, a new enterprise service that will allow the company to tap into the US$1 billion market opport...

8 months ago - Business Wire

How Grab, Asia's Uber, stumbled before and after its $40 billion SPAC, with pandemic layoffs and a teary all-hands with its CEO

Grab was a poster child for how Southeast Asia could match — or at least ape — Silicon Valley innovation.

Other symbols: UBER
8 months ago - Business Insider

Grab Narrows Losses On Robust Ride-Hailing, Delivery Demand; Shares Jump By Most Since Listing

Grab Holdings—led by tycoon Anthony Tan—narrowed its losses in the first quarter as demand for its ride-hailing and delivery services surged after governments across Southeast Asia lifted Covid-19 res...

9 months ago - Forbes

Grab reports its first-quarter earnings; net loss narrows

Peter Oey, chief financial officer at Grab, discusses its first quarter earnings and how it plans to improve the business.

9 months ago - CNBC International TV

Why Grab Shares Are Soaring Today

Grab Holdings Limited (NASDAQ: GRAB) reported first-quarter FY22 revenue growth of 6% year-on-year to $228 million. Mobility segment acceleration and strong core food and groceries growth drove the gr...

9 months ago - Benzinga

GRAB Stock Soars 30% as Ride-Hailing Demand Grows

Today, investors in Grab Holdings and GRAB stock are cheering some rather positive earnings in this otherwise gloomy earnings season. The post GRAB Stock Soars 30% as Ride-Hailing Demand Grows appeare...

9 months ago - InvestorPlace