Deutsche Bank resumed coverage on Grab with a new price target
$GRAB
Business Services
Consumer Discretionary
Deutsche Bank resumed coverage of Grab with a rating of Buy and set a new price target of $4.50
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/21/2024 | $5.40 | Buy → Hold | China Renaissance |
| 10/23/2024 | $4.59 | Outperform | Daiwa Securities |
| 6/27/2024 | $5.00 | Outperform | Mizuho |
| 5/17/2024 | $4.50 | Buy | Deutsche Bank |
| 1/18/2024 | $3.60 → $3.80 | Neutral → Overweight | JP Morgan |
| 8/24/2023 | $4.50 | Equal Weight → Overweight | Barclays |
| 6/22/2023 | $2.54 → $3.10 | Underweight → Neutral | JP Morgan |
| 4/21/2023 | $4.00 | Buy | The Benchmark Company |
China Renaissance downgraded Grab from Buy to Hold and set a new price target of $5.40
Daiwa Securities initiated coverage of Grab with a rating of Outperform and set a new price target of $4.60
Mizuho initiated coverage of Grab with a rating of Outperform and set a new price target of $5.00
Grab Holdings Limited (NASDAQ:GRAB) goes Uber Technologies, Inc (NYSE:UBER) way with the latest move. The ride-hailing company is expanding its services beyond ride-hailing and food delivery by entering Southeast Asia’s competitive restaurant booking industry. For comparison, Uber reported delivery revenue of $3.21 billion, which is up 4% in the first quarter. Confirming to TechCrunch, Grab acquired the Singapore-based dining reservation platform Chope for an undisclosed amount. The move aims to differentiate Grab from its competitors and improve margins by expanding its restaurant reservation business. Also Read: Uber’s Asia Peer Grab Taps OpenAI to Enhance App Navigation and
The most oversold stocks in the industrials sector presents an opportunity to buy into undervalued companies. ` The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down. When compared to a stock’s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the RSI is below 30, according to Benzinga Pro. Here's the latest list of major oversold players in this sector, having an RSI near or below 30. LegalZoom.com Inc (NASDAQ:LZ) LegalZoom.com will report its financial results for the second quarter on Wednesday, Aug. 7,
In the preceding three months, 5 analysts have released ratings for Grab Hldgs (NASDAQ:GRAB), presenting a wide array of perspectives from bullish to bearish. Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 3 2 0 0 0 Last 30D 1 0 0 0 0 1M Ago 0 1 0 0 0 2M Ago 0 1 0 0 0 3M Ago 2 0 0 0 0 Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $5.28, with a high estimate of $6.00 and a low estimate of $4.70. This current average has decreased by 0
NEW YORK, Oct. 21, 2024 (GLOBE NEWSWIRE) -- Grab Holdings Limited (NASDAQ:GRAB, the "Company" or "Grab"))), plans to announce its unaudited third quarter 2024 results after the U.S. market closes on November 11, 2024. The Company's management will hold a conference call to discuss the third quarter 2024 results at: Date and time:7:00 PM U.S Eastern Time on November 11, 20248:00 AM Singapore Time on November 12, 2024 A link to the call will be posted on the Company's investor relations website at investors.grab.com prior to the call time. Following the call, a replay of the call, along with the earnings press release and presentation slides, will be available at the same website. Abou
NEW YORK, Oct. 21, 2024 (GLOBE NEWSWIRE) -- Grab Holdings Limited (NASDAQ:GRAB, the "Company" or "Grab"))), plans to announce its unaudited third quarter 2024 results after the U.S. market closes on November 12, 2024. The Company's management will hold a conference call to discuss the third quarter 2024 results at: Date and time:7:00 PM U.S Eastern Time on November 11, 20248:00 AM Singapore Time on November 12, 2024 A link to the call will be posted on the Company's investor relations website at investors.grab.com prior to the call time. Following the call, a replay of the call, along with the earnings press release and presentation slides, will be available at the same website. Abou
NEW YORK, July 23, 2024 (GLOBE NEWSWIRE) -- Grab Holdings Limited (NASDAQ:GRAB, the "Company" or "Grab"))), plans to announce its unaudited second quarter 2024 results before the U.S. market opens on August 15, 2024. The Company's management will hold a conference call to discuss the second quarter 2024 results at: Date and time:8:00 AM U.S Eastern Time on August 15, 20248:00 PM Singapore Time on August 15, 2024 A link to the call will be posted on the Company's investor relations website at investors.grab.com prior to the call time. Following the call, a replay of the call, along with the earnings press release and presentation slides, will be available at the same website. About Grab
144 - Grab Holdings Ltd (0001855612) (Subject)
6-K - Grab Holdings Ltd (0001855612) (Filer)
6-K - Grab Holdings Ltd (0001855612) (Filer)
SC 13G/A - Grab Holdings Ltd (0001855612) (Subject)
SC 13G/A - Grab Holdings Ltd (0001855612) (Subject)
SC 13G/A - Grab Holdings Ltd (0001855612) (Subject)
Revenue grew 17% year-over-year, or 20% on a constant currency basis to $716 millionOn-Demand GMV grew 15% year-over-year, or 18% on a constant currency basis to $4.7 billionProfit for the quarter was positive at $15 millionAdjusted EBITDA improved by $62 million year-over-year to an all-time high of $90 millionOperating Cash Flow of $338 million in the third quarter, and Adjusted Free Cash Flow of $76 million on a trailing 12-month basis SINGAPORE, Nov. 11, 2024 (GLOBE NEWSWIRE) -- Grab Holdings Limited (NASDAQ:GRAB) today announced unaudited financial results for the third quarter ended September 30, 2024. "Third quarter 2024 was a strong quarter for us as investments we made
NEW YORK, Oct. 21, 2024 (GLOBE NEWSWIRE) -- Grab Holdings Limited (NASDAQ:GRAB, the "Company" or "Grab"))), plans to announce its unaudited third quarter 2024 results after the U.S. market closes on November 11, 2024. The Company's management will hold a conference call to discuss the third quarter 2024 results at: Date and time:7:00 PM U.S Eastern Time on November 11, 20248:00 AM Singapore Time on November 12, 2024 A link to the call will be posted on the Company's investor relations website at investors.grab.com prior to the call time. Following the call, a replay of the call, along with the earnings press release and presentation slides, will be available at the same website. Abou
NEW YORK, Oct. 21, 2024 (GLOBE NEWSWIRE) -- Grab Holdings Limited (NASDAQ:GRAB, the "Company" or "Grab"))), plans to announce its unaudited third quarter 2024 results after the U.S. market closes on November 12, 2024. The Company's management will hold a conference call to discuss the third quarter 2024 results at: Date and time:7:00 PM U.S Eastern Time on November 11, 20248:00 AM Singapore Time on November 12, 2024 A link to the call will be posted on the Company's investor relations website at investors.grab.com prior to the call time. Following the call, a replay of the call, along with the earnings press release and presentation slides, will be available at the same website. Abou