Grab Holdings Limited (GRAB)
| Market Cap | 12.36B |
| Revenue (ttm) | 2.21B |
| Net Income (ttm) | -856.00M |
| Shares Out | 3.75B |
| EPS (ttm) | -0.21 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 2,000,774 |
| Open | 3.12 |
| Previous Close | 3.15 |
| Day's Range | 3.10 - 3.16 |
| 52-Week Range | 2.65 - 4.03 |
| Beta | 0.87 |
| Analysts | Strong Buy |
| Price Target | 4.89 (+55.73%) |
| Earnings Date | Nov 9, 2023 |
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. The company is headquartered in Singapore. [Read more]
Financial Performance
In 2022, Grab Holdings's revenue was $1.43 billion, an increase of 112.30% compared to the previous year's $675.00 million. Losses were -$1.68 billion, -51.20% less than in 2021.
Financial StatementsAnalyst Forecast
According to 7 analysts, the average rating for GRAB stock is "Strong Buy." The 12-month stock price forecast is $4.89, which is an increase of 55.73% from the latest price.
News
Lyft, Grab or Uber? Which stock should you ride with?
The rideshare industry has come a long way since its beginnings over a decade ago. While the business models make sense, the reality is that making profits is extremely hard for rideshare companies.
Grab's Payments Business Helps Drive First Adjusted Profit
Singapore's Grab has logged its first profit on an adjusted basis as it looks to expand. The ride-hailing and delivery giant shared that news as it released quarterly earnings on Thursday (Nov. 9).
Grab Reports Third Quarter 2023 Results
SINGAPORE--(BUSINESS WIRE)--Grab delivers first Adjusted EBITDA profitable quarter.
It's Time To Grab Hold of Grab Holdings
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Grab Shares Dip as Singapore Launches Review of Ride-Hailing Regulations
The Land Transport Authority (LTA) of Singapore announced it will review the ride-hailing and taxi industries, causing shares of Southeast Asian super provider Grab to dip 8%. Grab, whose services inc...
Grab Shares Jump After Narrowing Losses on Cost-Cutting Moves
Singapore-based e-commerce and ride-hailing company Grab (GRAB) narrowed its losses by almost three-quarters in the three months ending June and forecast a smaller loss for the year, as cost-cutting m...
Grab Reports Second Quarter 2023 Results
SINGAPORE--(BUSINESS WIRE)--Group Adjusted EBITDA breakeven guidance brought forward to Q3 2023 from Q4 2023.
Food delivery apps Grab and Foodpanda expand into dine-in services as explosive growth stalls
Food delivery apps Grab and Foodpanda are offering dine-in features as consumers resume their normal daily routines and go out and dine in more frequently.
Grab to Announce Second Quarter 2023 Results on August 23, 2023
NEW YORK, July 25, 2023 (GLOBE NEWSWIRE) -- Grab Holdings Limited (NASDAQ: GRAB, the “Company” or “Grab”), plans to announce its unaudited second quarter 2023 results before the U.S. market opens on A...
Grab cuts 1,000 jobs, its biggest round of layoffs since the pandemic
CEO Anthony Tan said the job cuts are not a "shortcut to profitability" but will enable Grab to adapt to the competitive business environment.
Singapore tech giant Grab to lay off over 1,000 employees
Singapore-based tech giant Grab will lay off over 1,000 employees, its CEO said Tuesday, a move that will affect about 11 percent of its workforce.
Grab Prepares for Layoffs Amid Slowing Growth
Singapore's Grab is reportedly readying its largest round of job cuts in three years. The layoffs — which could come as soon as this week — will likely exceed a round that cut 5% of the ride-hailing/f...
Grab Reports First Quarter 2023 Results
SINGAPORE--(BUSINESS WIRE)--Grab Holdings Limited (NASDAQ: GRAB) today announced unaudited financial results for the first quarter ended March 31, 2023.
Grab to Announce First Quarter 2023 Results on May 18, 2023
NEW YORK, April 25, 2023 (GLOBE NEWSWIRE) -- Grab Holdings Limited (NASDAQ: GRAB, the “Company” or “Grab”), plans to announce its unaudited first quarter 2023 results before the U.S. market opens on M...
Grab Sees Super App Synergies as Deliveries and Payments Services Grow
For Grab, cross-platform pollination is in evidence as more users use more services more often. The company, which has its roots in ride-hailing and now operates in eight countries across Southeast As...
Grab Reports Fourth Quarter and Full Year 2022 Results
SINGAPORE--(BUSINESS WIRE)--Grab Holdings Limited (NASDAQ: GRAB) today announced unaudited financial results for the fourth quarter and full year ended December 31, 2022. “Our 2022 and fourth quarter ...
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Grab Shares Are Suddenly On Track To Double
Grab Holdings Ltd (NASDAQ: GRAB) is a Southeast Asian technology company offering ride-hailing, ride-sharing, food delivery, and financial services. Many investors will remember them as the company li...
Grab to Announce Fourth Quarter and Full Year 2022 Results on February 23, 2023
NEW YORK, Jan. 30, 2023 (GLOBE NEWSWIRE) -- Grab Holdings Limited (NASDAQ: GRAB, the “Company” or “Grab”), plans to announce its unaudited fourth quarter and full year 2022 results before the U.S. mar...
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.