Shares of Grab have moved -1.1% today, and are now trading at a price of $4.92. In contrast, the S&P 500 index saw a 0.0% change. Today's trading volume is 9,375,721 compared to the stock's average volume of 52,197,879.
Grab Holdings Limited engages in the provision of superapps in Cambodia, Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam. Based in Singapore, Singapore the company has 11,267 full time employees and a market cap of $20,128,475,136.
The company is now trading -28.01% away from its average analyst target price of $6.84 per share. The 28 analysts following the stock have set target prices ranging from $5.6 to $8.0, and on average give Grab a rating of buy.
Over the last 12 months GRAB shares have declined by -6.3%, which represents a difference of -18.0% when compared to the S&P 500. The stock's 52 week high is $6.62 per share and its 52 week low is $3.36. With its net margins declining an average -44.9% over the last 6 years, Grab declining profitability gives us reason to believe its stock price will continue to underwhelm.
| Date Reported | Total Revenue ($ k) | Net Profit ($ k) | Net Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2024 | 1,317,000 | -184,000 | -14 | 33.33 |
| 2023 | 2,359,000 | -485,000 | -21 | 82.64 |
| 2022 | 1,433,000 | -1,740,000 | -121 | 77.04 |
| 2021 | 675,000 | -3,555,000 | -527 | 9.91 |
| 2020 | 469,000 | -2,745,000 | -585 | -223.94 |
| 2019 | -845,000 | -3,988,000 | 472 |
