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

In the past three months, 5 analysts have released ratings for Grab Holdings (NASDAQ:GRAB), showing a range of perspectives from bullish to bearish. The average 12-month price target is $5.28, slightly down from $5.33. Analysts have recently adjusted their ratings and price targets, reflecting their views on the company's performance and market conditions.

Portfolio Pulse from Benzinga Insights

July 17, 2024 | 9:00 pm

Jefferies analyst Thomas Chong maintains a Buy rating on Grab Holdings (NASDAQ:GRAB) but lowers the price target from $5 to $4.7.

Portfolio Pulse from Benzinga Newsdesk

July 17, 2024 | 7:42 pm

Analysts have mixed views on Grab Holdings (NASDAQ:GRAB) with 3 bullish and 2 somewhat bullish ratings in the past three months. The average 12-month price target is $5.2, with a high of $6.00 and a low of $4.30. Recent ratings include 'Outperform' from Mizuho, 'Overweight' from Barclays, and 'Buy' from Benchmark and HSBC.

Portfolio Pulse from Benzinga Insights

June 27, 2024 | 6:00 pm

Top Wall Street analysts initiated coverage on several companies with bullish ratings. BMO Capital initiated ACADIA Pharmaceuticals (ACAD) with an Outperform rating and a $31 price target. Mizuho initiated Grab Holdings (GRAB) with an Outperform rating and a $5 price target. Redburn Atlantic initiated Vertex Pharmaceuticals (VRTX) with a Buy rating and a $545 price target. Stephens & Co. initiated Hologic (HOLX) with an Overweight rating and an $87 price target. Oppenheimer initiated Kyndryl Holdings (KD) with an Outperform rating and a $33 price target.

Portfolio Pulse from Avi Kapoor

June 27, 2024 | 12:41 pm

Mizuho has initiated coverage on Grab Holdings (NASDAQ:GRAB) with an Outperform rating and a price target of $5.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2024 | 9:46 am

Grab Holdings Inc (NASDAQ:GRAB) is partnering with OpenAI to integrate generative AI into its app, enhancing navigation and customer support. This marks OpenAI's first collaboration in Southeast Asia. Grab aims to improve its GrabMaps service and has reported strong financial performance, including a 30% revenue growth in Q4 2023. The stock has gained 25% in the last 12 months.

Portfolio Pulse from Anusuya Lahiri

May 30, 2024 | 2:36 pm

Analysts have varied opinions on Grab Holdings (NASDAQ:GRAB), with recent ratings showing a mix of bullish and somewhat bullish sentiments. The average 12-month price target has increased to $5.25, reflecting a 22.09% rise from the previous target. Key analysts from Barclays, Benchmark, and HSBC have maintained or raised their ratings, indicating positive expectations for the company's performance.

Portfolio Pulse from Benzinga Insights

May 22, 2024 | 4:01 pm

Barclays analyst Jiong Shao maintains an Overweight rating on Grab Holdings (NASDAQ:GRAB) and raises the price target from $4.3 to $4.7.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2024 | 3:22 pm

Benchmark analyst Fawne Jiang reiterates a Buy rating on Grab Holdings (NASDAQ:GRAB) and maintains a $6 price target.

Portfolio Pulse from Benzinga Newsdesk

May 16, 2024 | 1:25 pm

Grab Holdings shares are trading higher following the company's report of a year-over-year increase in Q1 financial results.

Portfolio Pulse from Benzinga Newsdesk

May 16, 2024 | 11:27 am

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