NASDAQ:GRAB

Grab (GRAB) Stock Price, News & Analysis

$3.50
0.00 (0.00%)
(As of 04/26/2024 ET)
Today's Range
$3.49
$3.56
50-Day Range
$3.07
$3.53
52-Week Range
$2.67
$3.92
Volume
26.84 million shs
Average Volume
24.40 million shs
Market Capitalization
$13.73 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$5.10

Grab MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
45.7% Upside
$5.10 Price Target
Short Interest
Healthy
2.57% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.16mentions of Grab in the last 14 days
Based on 63 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.

3.07 out of 5 stars

Business Services Sector

132nd out of 310 stocks

Business Services, Not Elsewhere Classified Industry

47th out of 89 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

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Better than Bitcoin? The Biotech Stock with 46,751% Potential
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See More Headlines
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Company Calendar

Last Earnings
2/22/2024
Today
4/26/2024
Next Earnings (Confirmed)
5/15/2024
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
$5.10
High Stock Price Target
$7.00
Low Stock Price Target
$3.80
Potential Upside/Downside
+45.7%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
6 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
$13.73 billion
Optionable
Optionable
Beta
0.91
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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 41)
    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?

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Grab in the last twelve months. There are currently 6 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?

6 equities research analysts have issued 12 month target prices for Grab's stock. Their GRAB share price targets range from $3.80 to $7.00. On average, they predict the company's share price to reach $5.10 in the next year. This suggests a possible upside of 45.7% 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 on January 1st, 2024. Since then, GRAB stock has increased by 3.9% and is now trading at $3.50.
View the best growth stocks for 2024 here
.

Are investors shorting Grab?

Grab saw a increase in short interest during the month of April. As of April 15th, there was short interest totaling 66,150,000 shares, an increase of 9.7% from the March 31st total of 60,320,000 shares. Based on an average daily volume of 25,680,000 shares, the days-to-cover ratio is currently 2.6 days. Currently, 2.6% of the company's stock are short sold.
View Grab's Short Interest
.

When is Grab's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 15th 2024.
View our GRAB earnings forecast
.

How can I listen to Grab's earnings call?

Grab will be holding an earnings conference call on Wednesday, May 15th at 8:00 PM Eastern. Interested parties can register for or listen to the call using this link.

How were Grab's earnings last quarter?

Grab Holdings Limited (NASDAQ:GRAB) released its quarterly earnings data on Thursday, February, 22nd. The company reported $0.01 earnings per share for the quarter, topping analysts' consensus estimates of ($0.02) by $0.03. The firm earned $653 million during the quarter, compared to analyst estimates of $633.82 million. Grab had a negative net margin of 18.43% and a negative trailing twelve-month return on equity of 6.77%. The company's revenue for the quarter was up 30.1% on a year-over-year basis. During the same period in the prior year, the business earned ($0.10) EPS.

What guidance has Grab issued on next quarter's earnings?

Grab updated its FY 2024 earnings guidance on Thursday, February, 22nd. The company provided EPS 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 Allspring Global Investments Holdings LLC (0.43%), WCM Investment Management LLC (0.26%), Sumitomo Mitsui Trust Holdings Inc. (0.14%), Assenagon Asset Management S.A. (0.08%), Deltec Asset Management LLC (0.06%) and Zurcher Kantonalbank Zurich Cantonalbank (0.02%).

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 4/27/2024 by MarketBeat.com Staff

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