GRAB Stock Forecast, Price & News Grab

03 Sep GRAB Stock Forecast, Price & News Grab

On average, they predict the company’s stock price to reach $3.92 in the next twelve months. This suggests a possible upside of 28.1% from the stock’s current price. View analysts price targets for GRAB or view top-rated stocks among Wall Street analysts. The average rating score is and is based on 19 buy ratings, 3 hold ratings, and 1 sell ratings.

Net money flow is the value of uptick trades minus the value of downtick trades. Our calculations are based on comprehensive, delayed how useful is roce as an indicator of an organization’s efficiency. Shares Sold ShortThe total number of shares of a security that have been sold short and not yet repurchased.Change from LastPercentage change in short interest from the previous report to the most recent report.

Stock , GRAB

Intraday data delayed at least 15 minutes or per exchange requirements. The second is all around financial inclusion—continuing to drive affordability and accessibility of our financial services products. The way we do that is focusing on microinsurance, microlending and microsavings products that affordable . The analogy I like to use is that in the U.S. you can buy a toothpaste that’s eight ounces; but in developing markets, they usually sell one ounce or two ounce toothpastes. We’re doing the same thing—creating bite-sized toothpastes for financial services. Our key is driving our super app strategy, which allows us to cross-sell new services when we roll them out, while maintaining discipline around our marketing costs.

According to the data of the stock’s medium term indicators, the stock is currently averaging as a Hold, while an average of long term indicators suggests that the stock is currently 50% Sell. Considering, the past performance of Grab Holdings Limited, multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be encouraging, given the fact the metric is recording -5.90%. Additionally, trading for the stock in the period of the last six months notably improved by 5.94%, alongside a downfall of -18.00% for the period of the last 12 months.

Company Profile GRAB

The lighter blue line represents the stock’s consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock. The chart below shows how a company’s ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green. Grab Holdings stock prediction results are shown below and presented in the form of graphs, tables and text information, divided into time intervals.

Bhd., Grab PH Holdings Inc, Grabtaxi Co., Ltd., and Grabtaxi Holdings Pte. Market Cap is calculated by multiplying the number of shares outstanding by the stock’s price. To calculate, start with total shares outstanding and subtract the number of restricted shares. Restricted stock typically is that issued to company insiders with limits on when it may be traded.Dividend YieldA company’s dividend expressed as a percentage of its current stock price. Its application enables people each day to access its driver… 11 Wall Street research analysts have issued 1 year price objectives for Grab’s shares.

• The company, which has its roots in ride-hailing and now operates in eight countries across Southeast As…
• According to analysts’ consensus price target of $3.92, Grab has a forecasted upside of 32.4% from its current price of $2.96.
• Grab Holdings Limited has seen a 6.32% rise in stock performance for the week, with a -4.11% decline in the past month and a -12.93% plunge in the past quarter.
• Information is provided ‘as-is’ and solely for informational purposes, not for trading purposes or advice, and is delayed.

The liquidity ratio also appears to be rather interesting for investors as it stands at 5.19. Grab Holdings reported Q4 EPS of ($0.10), $0.04 worse than the analyst estimate of ($0.06). Revenue for the quarter came in at $502 million versus the consensus estimate of…

Price target decreased to US$5.43

Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence . Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. Grab Holdings Ltd share price live 2.96, this page displays NASDAQ GRAB stock exchange data.

After opening in the green, https://1investing.in/ of Grab tumbled as low as 23% Thursday. You may use StockInvest.us and the contents contained in StockInvest.us solely for your own individual non-commercial and informational purposes only. Any other use, including for any commercial purposes, is strictly prohibited without our express prior written consent.

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Analysts have forecast the company to bring in revenue of $396.76 million for the current quarter, with the likely lows of $365.54 million and highs of $456.47 million. The average estimate suggests sales will likely up by 242.60% this quarter compared to what was recorded in the comparable quarter last year. From the analysts’ viewpoint, the consensus estimate for the company’s annual revenue in 2022 is $1.21 billion. The company’s revenue is forecast to grow by 89.20% over what it did in 2022. Grab describes itself as a “superapp” thanks to its wide-ranging services from food deliveries to mobile payments.

There’s also a VGM Score (‘V’ for Value, ‘G’ for Growth and ‘M’ for Momentum), which combines the weighted average of the individual style scores into one score. The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style. Given an uneasy business model, poor financials, strong competition, and a high valuation, it is safe to say that Grab will stay far away from my portfolio for now. Companies that operate in this region have so much potential, but there are too many worries for me to seriously consider Grab Holdings.

ET screener powered by Refinitiv’s Stock Report Plus lists down quality stocks with high upside potential over the next 12 months, having an average recommendation rating of “buy” or “strong buy”. The screener applies different algorithms for all BSE and NSE stocks. This predefined screener is only available to ET Prime users.

The score provides a forward-looking, one-year measure of credit risk, allowing investors to make better decisions and streamline their work ow. Updated daily, it takes into account day-to-day movements in market value compared to a company’s liability structure. Grab Holdings Limited has seen a 6.32% rise in stock performance for the week, with a -4.11% decline in the past month and a -12.93% plunge in the past quarter. The volatility ratio for the week is 5.86%, and the volatility levels for the past 30 days are at 5.43% for GRAB.

For Grab, cross-platform pollination is in evidence as more users use more services more often. The company, which has its roots in ride-hailing and now operates in eight countries across Southeast As… Indonesia’s GoTo—another Southeast Asian super app that formed this May when ride-hailing giant Gojek merged with e-commerce platform Tokopedia—is often cited as one of Grab’s most formidable regional competitor. Even in a developed country like Singapore, when you speak to consumers and SMEs on the ground, there’s a tremendous amount of underserved opportunities.

BofA Securities gave a rating of “Buy” to GRAB, setting the target price at $4.20 in the report published on January 17th of the current year. JP Morgan, on the other hand, stated in their research note that they expect to see GRAB reach a price target of $2.80, previously predicting the price at $3.20. The rating they have provided for GRAB stocks is “Underweight” according to the report published on February 02nd, 2023. The Company, through its subsidiaries, provides software application ride-hailing transport, food delivery, and payment solutions.

If AZZ closes above $40 on March 17, we would get assigned and earn $1.25 per share on $38.75 per share at risk, or 3.23%. Participating in the round were returning investors the Hive Southeast Asia, Vulpes Investment Management, and founding members of Southeast Asian tech giants, including superapp Grab and e-commerce site Zalora. Its third-quarter revenueslipped 9% to $157 million as the pandemic ravaged many small businesses globally thanks to lockdowns and unemployment. Earlier in September, Grab slashed its full-year revenue forecast due to the Delta variant. Just in Q3 2021, Grab’s net losses reached $988 million, compared to just $157 million in revenue. Typically, investors want to see revenue increasing while net loss is falling.

Grab hopes its public debut will shine a “big spotlight” on the region and its market opportunities, says company president Ming Maa. Driven by its young, digitally-savvy and mobile-first populations, Southeast Asia is “on the cusp of a digital revolution,” says Maa. The listing caps a rapid ascent for the startup that entrepreneurs Anthony Tan and Tan Hooi Ling launched as MyTeksi in Malaysia less than a decade ago. The pair, who are unrelated, founded the company with $25,000 that included prize money they’d won by entering their ride-hailing idea in Harvard Business School’s New Venture Competition in 2011. Target values for the price of one Grab Holdings share for Nov 2025.