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 is reportedly planning its largest round of job cuts since the pandemic began, aiming to focus on profitability. This news has led to an increase in Grab's share price.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2023 | 11:14 am

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Portfolio Pulse from Vandana Singh

May 25, 2023 | 1:27 pm

Grab Holdings co-founder Tan Hooi Ling plans to step down from her operating roles, including her directorship, by the end of 2023.

Portfolio Pulse from Charles Gross

May 25, 2023 | 10:37 am

Grab Holdings shares are experiencing an increase in value, driven by the overall strength in Asia-Pacific stocks.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2023 | 4:13 pm

Analysts have provided bullish ratings for Grab Holdings (NASDAQ:GRAB) in the last quarter, with an average 12-month price target of $4.25, down 5.97% from the previous average of $4.52.

Portfolio Pulse from Benzinga Insights

May 19, 2023 | 4:01 pm

Grab Holdings Ltd (NASDAQ:GRAB) shares are trading higher after the company reported a 130% YoY revenue growth to $525 million in Q1 FY23, beating the consensus of $490.1 million. Analysts from Benchmark, HSBC, Bernstein, and Citi have reiterated Buy ratings and raised price targets.

Portfolio Pulse from Anusuya Lahiri

May 19, 2023 | 3:09 pm

Benchmark analyst Fawne Jiang reiterates a Buy rating on Grab Holdings (NASDAQ:GRAB) and maintains a $4 price target.

Portfolio Pulse from richadhand@benzinga.com

May 19, 2023 | 1:32 pm

Several stocks recorded gains in today's pre-market trading session, including SunCar Technology Group, Farfetch Limited, Bloom Energy Corporation, UP Fintech Holding Limited, The Gap, Catalent Inc, Coty Inc, and Grab Holdings Limited.

Portfolio Pulse from Lisa Levin

May 19, 2023 | 10:47 am

HSBC analyst Piyush Choudhary maintains a Buy rating on Grab Holdings (NASDAQ:GRAB) and raises the price target from $4.03 to $4.2.

Portfolio Pulse from Benzinga Newsdesk

May 19, 2023 | 9:31 am

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