Grab Holdings Limited (GRAB)
| 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]
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 StatementsAnalyst 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.
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...
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 ...
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.
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.
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...
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.
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...
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...
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...
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.
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...
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.
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....
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 ...
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.
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...
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.
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...
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...
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.
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...
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.
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...
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...