Grab Upsizes Convertible Notes Offering to $1.5 Billion

Grab ( (GRAB) ) has issued an announcement.

On June 10, 2025, Grab Holdings Limited announced the pricing of an upsized $1.5 billion convertible notes offering, increased from the initially planned $1.25 billion. The proceeds will be used for general corporate purposes, strategic flexibility, and share repurchases. This move is expected to enhance Grab’s financial flexibility, potentially impacting its market operations and stakeholder interests. The company also plans a concurrent repurchase of its Class A Ordinary Shares, valued at approximately $273.5 million, to facilitate hedging for note purchasers.

The most recent analyst rating on (GRAB) stock is a Buy with a $6.00 price target. To see the full list of analyst forecasts on Grab stock, see the GRAB Stock Forecast page.

Spark’s Take on GRAB Stock

According to Spark, TipRanks’ AI Analyst, GRAB is a Neutral.

Grab’s stock is positioned well for growth, with strong financial performance improvements and a positive earnings call outlook. Technical analysis supports continued upward momentum. However, the extremely high P/E ratio raises concerns about potential overvaluation, which tempers the overall score.

To see Spark’s full report on GRAB stock, click here.

More about Grab

Grab is a leading superapp in Southeast Asia, operating across the deliveries, mobility, and digital financial services sectors. It serves over 800 cities in eight Southeast Asian countries, enabling millions to order food or groceries, send packages, hail rides, and access financial services like lending and insurance through a single app. Grab also operates supermarkets in Malaysia and provides digital banking services through GXS Bank in Singapore and GXBank in Malaysia.

Average Trading Volume: 33,957,124

Technical Sentiment Signal: Buy

Current Market Cap: $19.07B

For a thorough assessment of GRAB stock, go to TipRanks’ Stock Analysis page.