Streetbeat News

GRAB

Grab Holdings Limited

https://www.grab.com/sg

Industry

Software - Application

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.

Open

4.96

Mkt cap

21B

Volume

97M

High

5.54

P/E Ratio

-273.00

52-wk high

5.54

Low

4.94

Div yield

N/A

52-wk low

2.90

Grab Holdings (NYSE:GRAB) has seen a 10.67% decrease in its short percent of float, now at 2.26%. This is lower than its peers' average of 11.41%. The decrease in short interest may indicate a more bullish sentiment among investors.

Portfolio Pulse from Benzinga Insights

November 01, 2024 | 4:30 pm

Tesla, Li Auto, and MicroStrategy were among the top large-cap gainers last week, with Tesla leading the pack with a 21.97% increase following an earnings beat. Other notable gainers include Molina Healthcare, Tapestry, Applovin, Booz Allen Hamilton, Digital Realty Trust, Grab Holdings, and Philip Morris International, each benefiting from positive earnings reports, analyst upgrades, or market conditions.

Portfolio Pulse from Lekha Gupta

October 26, 2024 | 12:40 pm

Grab Holdings shares rose following Daiwa Capital's initiation of coverage with an Outperform rating and a $4.60 price target.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 3:34 pm

Several top Wall Street analysts initiated coverage on key stocks, including Coinbase, Charles River Laboratories, FMC, Grab Holdings, and Ferguson Enterprises. Ratings varied from Neutral to Outperform, with specific price targets set for each company.

Portfolio Pulse from Avi Kapoor

October 23, 2024 | 12:52 pm

Daiwa Capital has initiated coverage on Grab Holdings with an Outperform rating and set a price target of $4.6.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 11:58 am

The article highlights unusual options activity for several industrial stocks, indicating potential trading opportunities. Notable mentions include bullish call sweeps for JOBY and ZIM, bearish call sweeps for GRAB and ACHR, and a bullish put sweep for MMM.

Portfolio Pulse from Benzinga Insights

October 22, 2024 | 5:35 pm

Philippine authorities are investigating Grab Holdings after a Vietnamese woman was allegedly robbed and assaulted during a Grab ride. The company may face a suspension if found negligent. Grab is cooperating with the investigation and has banned the driver involved.

Portfolio Pulse from Nabaparna Bhattacharya

September 12, 2024 | 6:18 pm

In the past three months, analysts have shown varying sentiments towards Grab Holdings (NASDAQ:GRAB), with most ratings being bullish. The average 12-month price target has decreased by 4.41% to $5.42. Analysts have maintained or adjusted their ratings and price targets, reflecting their views on Grab's market position and financial performance.

Portfolio Pulse from Benzinga Insights

September 11, 2024 | 2:00 pm

Benchmark analyst Fawne Jiang has reiterated a Buy rating on Grab Holdings (NASDAQ:GRAB) and maintained a price target of $6.

Portfolio Pulse from Benzinga Newsdesk

September 11, 2024 | 1:35 pm

Grab Holdings plans to add over 1,000 BYD electric vehicles to its Indonesian fleet, following Uber's lead in expanding green rides. This move is part of Grab's strategy to grow its mobility services and enhance its app with AI features. Despite a 17% revenue increase, Grab's stock has declined 15% over the past year.

Portfolio Pulse from Anusuya Lahiri

August 29, 2024 | 2:15 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.