Investment Analysts’ Recent Ratings Changes for Grab (GRAB)

Grab (NASDAQ: GRAB) has recently received a number of price target changes and ratings updates:

• 2/21/2025 – Grab was upgraded by analysts at JPMorgan Chase & Co. from a “neutral” rating to an “overweight” rating. They now have a $5.60 price target on the stock.
• 2/20/2025 – Grab had its price target raised by analysts at Barclays PLC from $5.50 to $6.50. They now have an “overweight” rating on the stock.
• 2/20/2025 – Grab had its “buy” rating reaffirmed by analysts at Benchmark Co.. They now have a $6.00 price target on the stock.
• 2/5/2025 – Grab was downgraded by analysts at JPMorgan Chase & Co. from an “overweight” rating to a “neutral” rating.
• 2/4/2025 – Grab was upgraded by analysts at Hsbc Global Res from a “hold” rating to a “strong-buy” rating.
• 2/4/2025 – Grab was upgraded by analysts at HSBC Holdings plc from a “hold” rating to a “buy” rating. They now have a $5.45 price target on the stock, down previously from $5.50.
• 1/7/2025 – Grab was upgraded by analysts at Bank of America Co. from an “underperform” rating to a “neutral” rating. They now have a $5.10 price target on the stock, up previously from $4.90.

Grab Stock Up 4.1 %

Shares of GRAB traded up $0.20 during mid-day trading on Friday, reaching $4.99. The company had a trading volume of 35,417,081 shares, compared to its average volume of 35,667,289. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.67 and a current ratio of 2.70. The firm has a 50-day moving average price of $4.77 and a 200 day moving average price of $4.27. Grab Holdings Limited has a 52 week low of $2.98 and a 52 week high of $5.72. The company has a market capitalization of $20.07 billion, a price-to-earnings ratio of -249.25, a price-to-earnings-growth ratio of 2.23 and a beta of 0.90.

Grab (NASDAQ:GRAB) last issued its quarterly earnings results on Thursday, February 20th. The company reported $0.01 EPS for the quarter, hitting analysts’ consensus estimates of $0.01. The firm had revenue of $764.00 million for the quarter, compared to analysts’ expectations of $762.57 million. Grab had a negative return on equity of 1.50% and a negative net margin of 3.57%. On average, sell-side analysts forecast that Grab Holdings Limited will post -0.02 EPS for the current year.

Hedge Funds Weigh In On Grab

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Uber Technologies Inc bought a new position in Grab in the 4th quarter valued at approximately $2,529,462,000. Toyota Motor Corp bought a new position in shares of Grab during the 4th quarter valued at $1,052,117,000. Wellington Management Group LLP lifted its holdings in shares of Grab by 13.4% during the 3rd quarter. Wellington Management Group LLP now owns 124,314,286 shares of the company’s stock valued at $472,394,000 after buying an additional 14,671,388 shares during the period. Hanwha Asset Management Co. Ltd. bought a new position in shares of Grab during the 4th quarter valued at $227,718,000. Finally, Baillie Gifford & Co. lifted its holdings in shares of Grab by 10.0% during the 4th quarter. Baillie Gifford & Co. now owns 47,021,709 shares of the company’s stock valued at $221,942,000 after buying an additional 4,259,537 shares during the period. 55.52% of the stock is owned by institutional investors.

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.