Grab (NASDAQ:GRAB – Get Free Report) had its price target cut by equities research analysts at JPMorgan Chase & Co. from $5.90 to $5.80 in a research report issued to clients and investors on Tuesday,Benzinga reports. The brokerage presently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s price objective points to a potential upside of 57.61% from the company’s current price.
Several other equities research analysts also recently issued reports on the stock. Benchmark reiterated a “buy” rating on shares of Grab in a research note on Thursday, February 12th. Mizuho decreased their price objective on shares of Grab from $7.00 to $6.00 and set an “outperform” rating for the company in a research note on Tuesday. Sanford C. Bernstein reiterated an “outperform” rating and set a $5.80 price objective on shares of Grab in a research note on Monday, January 26th. Weiss Ratings downgraded shares of Grab from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Tuesday, April 21st. Finally, HSBC upgraded shares of Grab from a “hold” rating to a “buy” rating and set a $6.20 price objective for the company in a research note on Friday, January 16th. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and one has assigned a Sell rating to the stock. According to MarketBeat, Grab currently has a consensus rating of “Moderate Buy” and a consensus target price of $6.40.
Get Our Latest Stock Report on GRAB
Grab Trading Up 1.7%
Grab (NASDAQ:GRAB – Get Free Report) last issued its earnings results on Monday, May 4th. The company reported ($0.01) earnings per share for the quarter, missing analysts’ consensus estimates of $0.03 by ($0.04). Grab had a net margin of 7.92% and a return on equity of 4.09%. The firm had revenue of $955.00 million during the quarter, compared to analyst estimates of $921.71 million. Analysts expect that Grab will post 0.08 EPS for the current year.
Insiders Place Their Bets
In related news, CEO Anthony Ping Yeow Tan sold 400,000 shares of Grab stock in a transaction on Friday, April 10th. The shares were sold at an average price of $3.68, for a total value of $1,472,000.00. Following the completion of the sale, the chief executive officer owned 425,193 shares in the company, valued at approximately $1,564,710.24. The trade was a 48.47% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Peter Henry Oey sold 50,000 shares of Grab stock in a transaction on Wednesday, April 15th. The stock was sold at an average price of $3.92, for a total transaction of $196,000.00. Following the completion of the sale, the chief financial officer owned 7,050,165 shares of the company’s stock, valued at approximately $27,636,646.80. This trade represents a 0.70% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 552,819 shares of company stock valued at $2,056,657. 3.60% of the stock is owned by insiders.
Institutional Trading of Grab
A number of hedge funds and other institutional investors have recently made changes to their positions in GRAB. Norges Bank bought a new stake in shares of Grab in the fourth quarter worth $161,484,000. PointState Capital LP increased its stake in shares of Grab by 411.1% in the fourth quarter. PointState Capital LP now owns 32,555,483 shares of the company’s stock worth $162,452,000 after buying an additional 26,186,329 shares during the last quarter. Marshall Wace LLP increased its stake in shares of Grab by 49.2% in the fourth quarter. Marshall Wace LLP now owns 72,453,397 shares of the company’s stock worth $361,542,000 after buying an additional 23,891,108 shares during the last quarter. Assenagon Asset Management S.A. increased its stake in shares of Grab by 173.3% in the fourth quarter. Assenagon Asset Management S.A. now owns 34,753,836 shares of the company’s stock worth $173,422,000 after buying an additional 22,038,961 shares during the last quarter. Finally, Citigroup Inc. increased its stake in shares of Grab by 112.6% in the third quarter. Citigroup Inc. now owns 32,398,782 shares of the company’s stock worth $195,041,000 after buying an additional 17,160,661 shares during the last quarter. Institutional investors own 55.52% of the company’s stock.
More Grab News
Here are the key news stories impacting Grab this week:
- Positive Sentiment: Grab says AI investments lifted driver earnings by ~23% and helped drive a 24% revenue increase, supporting operational leverage and margin improvement potential. PYMNTS: Grab Credits AI Investments For 23% Jump in Driver Earnings
- Positive Sentiment: The Wall Street Journal notes Grab expects another strong year driven by consumer demand for ride-hailing and delivery, offering revenue growth visibility. WSJ: Grab Expects Another Strong Year Ahead Despite Headwinds
- Positive Sentiment: CFO Peter Oey said rising fuel costs haven’t dented demand and reiterated launches of new banking products and a target to break even in financial services by year-end — bullish for fintech revenue diversification. YouTube: Rising fuel prices will not hit demand, planning to launch new products: Grab CFO
- Positive Sentiment: Top-line beat: Q1 revenue came in at $955M vs. Street ~$922M, showing continued demand and scale in the core business. Press Release / Slide Deck
- Positive Sentiment: Unusual options activity: heavy call buying on Monday suggests some traders are positioning for upside after the print (66k calls, +72% vs. typical volume).
- Neutral Sentiment: Analysts remain constructive overall — coverage shows continued “outperform” views and an average target north of current levels, indicating upside expectations despite near-term noise. Benzinga: What’s Going On With Grab Stock?
- Neutral Sentiment: Mizuho trimmed its price target to $6.00 from $7.00 but kept an “outperform” rating — a modestly less bullish valuation view but still implies material upside from current levels. Benzinga: PT Cut Note
- Negative Sentiment: Earnings miss: GAAP EPS was ($0.01) vs. consensus $0.03, which disappointed and capped the upside from the revenue beat. Zacks: Q1 Loss, Tops Revenue Estimates
- Negative Sentiment: FY26 guidance was issued with revenue roughly in a $4.0B–$4.1B band that sits at or just below consensus, leaving limited near-term upside and raising sensitivity to execution risk and macro headwinds.
About Grab
Grab Holdings Inc is a Singapore-based technology company that operates a consumer-facing “super app” across Southeast Asia offering services spanning ride-hailing, food and package delivery, and digital payments. Its platform connects consumers, drivers, merchants and delivery partners through mobile applications and supports on-demand mobility (taxi and private car), last-mile logistics, and on-demand food delivery under brands such as GrabFood and GrabExpress. The company has also developed a merchant-facing ecosystem that supports ordering, payment acceptance and loyalty functions.
Beyond transportation and delivery, Grab has expanded into financial services through Grab Financial Group, which provides digital payments via GrabPay, consumer lending, insurance distribution and small-business financial solutions.
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