Grab (GRAB) Stock Forecast & Price Target

$3.69

+0.04 (+1.10%)

(As of 10:06 AM ET)

Grab - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Buy
Based on 7 Analyst Ratings

Based on 7 Wall Street analysts who have issued ratings for Grab in the last 12 months, the stock has a consensus rating of "Buy." Out of the 7 analysts, 7 have given a buy rating for GRAB.

Consensus Price Target

$4.71
27.76% Upside

High Forecast	$6.00
Average Forecast	$4.71
Low Forecast	$3.80

According to the 7 analysts' twelve-month price targets for Grab, the average price target is $4.71. The highest price target for GRAB is $6.00, while the lowest price target for GRAB is $3.80. The average price target represents a forecasted upside of 27.76% from the current price of $3.69.

Type	Current Forecast 9/25/23 to 9/24/24	1 Month Ago 8/26/23 to 8/25/24	3 Months Ago 6/27/23 to 6/26/24	1 Year Ago 9/25/22 to 9/25/23
Consensus Rating	Buy	Buy	Buy	Moderate Buy
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	7 Buy rating(s)	7 Buy rating(s)	7 Buy rating(s)	6 Buy rating(s)
Hold	0 Hold rating(s)	0 Hold rating(s)	0 Hold rating(s)	1 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$4.71	$4.71	$5.07	$4.69
Forecasted Upside	27.76% Upside	38.25% Upside	44.07% Upside	36.34% Upside

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GRAB Analyst Recommendations By Month

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 Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. 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.

Grab Stock vs. The Competition

Type	Grab	Business Services Companies	S&P 500
Consensus Rating Score	3.00	2.66	2.50
Consensus Rating	Buy	Moderate Buy	Hold
Predicted Upside	27.76% Upside	254.43% Upside	6.70% Upside
News Sentiment Rating	Neutral News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
9/11/2024	Benchmark 2 of 5 stars		Reiterated Rating	Buy ➝ Buy	$6.00 ➝ $6.00	+79.10%
7/17/2024	Jefferies Financial Group 2 of 5 stars		Lower Target	Buy ➝ Buy	$5.00 ➝ $4.70	+33.90%
6/27/2024	Mizuho 2 of 5 stars	W. Fang Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Outperform	$5.00	+42.45%
5/22/2024	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$4.30 ➝ $4.70	+26.34%
5/17/2024	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Buy	$4.50	+23.29%
4/4/2024	HSBC Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Buy ➝ Buy	$4.30	+31.90%
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1/18/2024	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Neutral ➝ Overweight	$3.60 ➝ $3.80	+30.14%
8/24/2023	Evercore ISI Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$5.00 ➝ $7.00	+89.19%
8/24/2023	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$4.80 ➝ $5.20	+40.54%
4/12/2023	Loop Capital Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$5.00 ➝ $4.00	+31.58%
3/13/2023	Macquarie Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Outperform	$4.00	+40.35%
1/17/2023	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Neutral ➝ Buy	$3.60 ➝ $4.20	+17.32%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 10:28 AM ET.

GRAB Forecast - Frequently Asked Questions

What is Grab's forecast for 2024?: According to the research reports of 7 Wall Street equities research analysts, the average twelve-month stock price forecast for Grab is $4.71, with a high forecast of $6.00 and a low forecast of $3.80.
Should I buy or sell Grab stock right now?: 7 Wall Street 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 research analysts is that investors should "buy" GRAB shares.
Does Grab's stock price have much upside?: According to analysts, Grab's stock has a predicted upside of 37.96% based on their 12-month stock forecasts.
What analysts cover Grab?: Grab has been rated by research analysts at Benchmark, Jefferies Financial Group, and Mizuho in the past 90 days.
Do Wall Street analysts like Grab more than its competitors?: Analysts like Grab more than other "business services" companies. The consensus rating for Grab is Buy while the average consensus rating for "business services" companies is Moderate Buy. Learn more on how GRAB compares to other companies.