Grab upgraded by BofA Securities with a new price target
$GRAB
Business Services
Consumer Discretionary
BofA Securities upgraded Grab from Neutral to Buy and set a new price target of $4.20 from $3.60 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 12/5/2024 | $4.25 → $5.50 | Buy → Hold | HSBC Securities |
| 11/22/2024 | $4.90 | Buy → Underperform | BofA Securities |
| 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 |
HSBC Securities downgraded Grab from Buy to Hold and set a new price target of $5.50 from $4.25 previously
BofA Securities downgraded Grab from Buy to Underperform and set a new price target of $4.90
China Renaissance downgraded Grab from Buy to Hold and set a new price target of $5.40
SC 13G/A - Grab Holdings Ltd (0001855612) (Subject)
SC 13G/A - Grab Holdings Ltd (0001855612) (Subject)
SC 13G/A - Grab Holdings Ltd (0001855612) (Subject)
144 - Grab Holdings Ltd (0001855612) (Subject)
6-K - Grab Holdings Ltd (0001855612) (Filer)
6-K - Grab Holdings Ltd (0001855612) (Filer)
Southeast Asia's leading superapp leverages AWS to enhance operational efficiency across eight countries At AWS re:Invent, Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company (NASDAQ:AMZN), and Grab, Southeast Asia's leading superapp (NASDAQ:GRAB), announced that Grab has selected AWS as its preferred cloud provider. With AWS, Grab is pursuing a technology-led strategy to accelerate growth across its mobility, deliveries, and financial services verticals, including its new digibanks, while continuing to improve its operational efficiencies and reduce IT infrastructure costs. Grab relies on the world's leading cloud to serve 41.9 million monthly transacting users1 and over 13 mi
Southeast Asia's leading superapp leverages AWS to enhance operational efficiency across eight countries At AWS re:Invent, Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company (NASDAQ:AMZN), and Grab, Southeast Asia's leading superapp (NASDAQ:GRAB), announced that Grab has selected AWS as its preferred cloud provider. With AWS, Grab is pursuing a technology-led strategy to accelerate growth across its mobility, deliveries, and financial services verticals, including its new digibanks, while continuing to improve its operational efficiencies and reduce IT infrastructure costs. Grab relies on the world's leading cloud to serve 41.9 million monthly transacting users1 and over 13 mi
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 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