NASDAQ:GRAB Grab (GRAB) Stock Price, News & Analysis → The only financial event in 2024 that matters (From Porter & Company) (Ad) Free GRAB Stock Alerts $3.67 +0.02 (+0.55%) (As of 05/31/2024 ET) Add Compare Share Share Today's Range$3.63▼$3.6950-Day Range$3.14▼$3.7452-Week Range$2.85▼$3.92Volume64.82 million shsAverage Volume21.86 million shsMarket Capitalization$14.40 billionP/E RatioN/ADividend YieldN/APrice Target$5.07 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Grab alerts: Email Address Grab MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside38.2% Upside$5.07 Price TargetShort InterestHealthy3.85% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.32Based on 27 Articles This WeekInsider TradingN/AProj. Earnings GrowthGrowingFrom ($0.01) to $0.06 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.1.76 out of 5 starsBusiness Services Sector236th out of 312 stocksBusiness Services, Not Elsewhere Classified Industry78th out of 92 stocks 3.5 Analyst's Opinion Consensus RatingGrab has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 7 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoverageGrab has only been the subject of 4 research reports in the past 90 days.Read more about Grab's stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted3.85% of the float of Grab has been sold short.Short Interest Ratio / Days to CoverGrab has a short interest ratio ("days to cover") of 3.3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Grab has recently increased by 31.04%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldGrab does not currently pay a dividend.Dividend GrowthGrab does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for GRAB. Previous Next 1.8 News and Social Media Coverage News SentimentGrab has a news sentiment score of 0.32. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.72 average news sentiment score of Business Services companies.News Coverage This WeekMarketBeat has tracked 27 news articles for Grab this week, compared to 41 articles on an average week.Search InterestOnly 43 people have searched for GRAB on MarketBeat in the last 30 days. This is a decrease of -2% compared to the previous 30 days.MarketBeat Follows47 people have added Grab to their MarketBeat watchlist in the last 30 days. This is an increase of 62% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Grab insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 3.60% of the stock of Grab is held by insiders.Percentage Held by Institutions55.52% of the stock of Grab is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Grab's insider trading history. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Grab are expected to grow in the coming year, from ($0.01) to $0.06 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Grab is -52.42, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Grab is -52.42, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioGrab has a P/B Ratio of 2.28. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Grab's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Weiss RatingsWho are Nvidia’s New Silent Partners?Nvidia recently became just the third $2 trillion company. But Nvidia can’t do everything by itself.I call these Nvidia’s “Silent Partners.” About Grab Stock (NASDAQ:GRAB)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. Grab Holdings Limited is headquartered in Singapore.Read More GRAB Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart GRAB Stock News HeadlinesMay 28, 2024 | marketbeat.comMarketBeat Week in Review – 5/20 - 5/24 (GRAB)The market sold off sharply despite a strong earnings report from Nvidia; a short trading week will include economic reports that could bring more volatilityMay 21, 2024 | marketbeat.comGrab Holdings: It's Time to Snatch Up Shares While They're CheapGrab Holdings Ltd. NASDAQ: GRAB operates a one-stop super app platform offering ride-hailing, delivery and financial services in Southeast Asia.May 21, 2024 | marketbeat.comGrab Holdings: It’s Time to Snatch Up Shares While They’re Cheap Grab Holdings is a penny stock, but its recent performance and guidance show investors that it may be too cheap to pass upMay 17, 2024 | marketbeat.com3 Small Cap Techs Gaining Traction for InvestorsTech stocks offer the largest gains for investors because the opportunity for growth is immense. Often started from nothing, microcap tech stocks can blossom into market-leading names, with Alphabet NASDAQ: GOOGL, Apple NASDAQ: AAPL, and Microsoft NASDAQ: MSFT as prime examples.May 17, 2024 | marketbeat.com3 Small Cap Techs Gaining Traction for InvestorsThese small-cap stocks are gaining traction and growing their business in a tough environment. 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Foreign money lie a power grab.May 27, 2024 | investorplace.comThe Penny Stock Prophecy: 3 Overlooked Stocks Primed to PopMay 27, 2024 | yahoo.comTarget’s Memorial Day sale is here — grab these 25 deals while they’re hotMay 27, 2024 | msn.comGrab 5 Blink Outdoor 4 security cameras for $199 right now — all time low priceMay 27, 2024 | msn.comChicago police investigating 2 smash-and-grab burglaries at South Side liquor storesMay 27, 2024 | msn.comH-E-B sees strong response from Kroger, Tom Thumb in D-FW grocery market share grabMay 26, 2024 | msn.comGrab a Costco membership for just $40May 26, 2024 | appleinsider.comFlash deal: grab a Babbel lifetime subscription for $139.97 ($460 off)See More Headlines Receive GRAB Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Grab and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings2/22/2024Today6/02/2024Next Earnings (Estimated)8/28/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorBusiness Services Industry Business services, not elsewhere classified Sub-IndustryN/A Current SymbolNASDAQ:GRAB CUSIPN/A CIK1855612 Webwww.altimetergrowth.com Phone855-739-7864FaxN/AEmployees10,604Year FoundedN/APrice Target and Rating Average Stock Price Target$5.07 High Stock Price Target$7.00 Low Stock Price Target$3.80 Potential Upside/Downside+38.2%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)($0.07) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-434,000,000.00 Net Margins-11.86% Pretax Margin-13.22% Return on Equity-4.62% Return on Assets-3.48% Debt Debt-to-Equity Ratio0.03 Current Ratio3.26 Quick Ratio3.22 Sales & Book Value Annual Sales$2.36 billion Price / Sales6.10 Cash FlowN/A Price / Cash FlowN/A Book Value$1.61 per share Price / Book2.28Miscellaneous Outstanding Shares3,923,000,000Free Float3,781,772,000Market Cap$14.40 billion OptionableOptionable Beta0.81 10 Best Cheap Stocks to Buy NowMarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Click the link below to see which companies made the list.Get This Free Report Key ExecutivesMr. Ping Yeow Tan (Age 41)Co-Founder, Chairman & CEO Mr. Peter Oey (Age 52)Chief Financial Officer Mr. Alexander Charles Hungate (Age 57)Chief Operating Officer Mr. Suthen Thomas Paradatheth (Age 42)Group Chief Technology Officer Vivian TongHead of US Investor RelationsMr. Christopher W. BettsGeneral CounselMs. Chin Yin Ong (Age 48)Chief People Officer & Director Ms. Hooi Ling Tan (Age 41)Advisor Mr. Ming-Hokng Maa (Age 47)Executive Officer Kenneth LekHead of Strategic FinanceMore ExecutivesKey CompetitorsDoorDashNASDAQ:DASHFidelity National Information ServicesNYSE:FISMSCINYSE:MSCITrip.com GroupNASDAQ:TCOMCoStar GroupNASDAQ:CSGPView All CompetitorsInstitutional OwnershipWalleye Trading LLCSold 789,300 shares on 5/17/2024Ownership: 0.000%Adalta Capital Management LLCSold 34,731 shares on 5/17/2024Ownership: 0.002%California State Teachers Retirement SystemBought 122,890 shares on 5/16/2024Ownership: 0.062%Jane Street Group LLCBought 216,700 shares on 5/16/2024Ownership: 0.000%Ionic Capital Management LLCSold 360,500 shares on 5/16/2024Ownership: 0.000%View All Institutional Transactions GRAB Stock Analysis - Frequently Asked Questions Should I buy or sell Grab stock right now? 7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Grab in the last twelve months. There are currently 7 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" GRAB shares. View GRAB analyst ratings or view top-rated stocks. What is Grab's stock price target for 2024? 7 Wall Street research analysts have issued 12-month price objectives for Grab's shares. Their GRAB share price targets range from $3.80 to $7.00. On average, they anticipate the company's stock price to reach $5.07 in the next year. This suggests a possible upside of 38.2% from the stock's current price. View analysts price targets for GRAB or view top-rated stocks among Wall Street analysts. How have GRAB shares performed in 2024? Grab's stock was trading at $3.37 at the beginning of 2024. Since then, GRAB shares have increased by 8.9% and is now trading at $3.67. View the best growth stocks for 2024 here. Are investors shorting Grab? Grab saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 84,640,000 shares, an increase of 31.0% from the April 30th total of 64,590,000 shares. Based on an average daily volume of 25,730,000 shares, the days-to-cover ratio is currently 3.3 days. Currently, 3.9% of the company's stock are short sold. View Grab's Short Interest. When is Grab's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 28th 2024. View our GRAB earnings forecast. How were Grab's earnings last quarter? Grab Holdings Limited (NASDAQ:GRAB) posted its quarterly earnings results on Thursday, February, 22nd. The company reported $0.01 earnings per share for the quarter, beating analysts' consensus estimates of ($0.02) by $0.03. The business earned $653 million during the quarter, compared to the consensus estimate of $633.82 million. Grab had a negative net margin of 11.86% and a negative trailing twelve-month return on equity of 4.62%. The firm's revenue was up 30.1% on a year-over-year basis. During the same period last year, the firm earned ($0.10) EPS. What ETFs hold Grab's stock? ETFs with the largest weight of Grab (NASDAQ:GRAB) stock in their portfolio include ProShares On-Demand ETF (OND), iShares MSCI Singapore ETF (EWS), Amplify Emerging Markets FinTech ETF (EMFQ), Asian Growth Cubs ETF (CUBS), FMQQ The Next Frontier Internet & Ecommerce ETF (FMQQ), SPDR S&P Kensho Smart Mobility ETF (HAIL), Invesco NASDAQ Next Gen 100 ETF (QQQJ) and Emerging Markets Internet & Ecommerce ETF (EMQQ). What guidance has Grab issued on next quarter's earnings? Grab updated its FY 2024 earnings guidance on Thursday, May, 16th. The company provided EPS guidance of for the period. The company issued revenue guidance of $2.7 billion-$2.8 billion, compared to the consensus revenue estimate of $2.8 billion. Who are Grab's major shareholders? Grab's stock is owned by many different institutional and retail investors. Top institutional shareholders include Capital Research Global Investors (2.89%), Coronation Fund Managers Ltd. (0.89%), Allspring Global Investments Holdings LLC (0.43%), Allspring Global Investments Holdings LLC (0.43%), Tremblant Capital Group (0.33%) and WCM Investment Management LLC (0.26%). How do I buy shares of Grab? Shares of GRAB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. 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