Grab (GRAB) AI Stock Analysis

• Market Cap: $23.11B
• Dividend Yield: N/A
• Average Volume (3M): 58.03M
• Price to Earnings (P/E): 203.6
• Beta (1Y): 1.19
• Revenue Growth: 18.84%
• EPS Growth: N/A
• Country: US
• Employees: 11,267
• Sector: Technology
• Sector Strength: 88
• Industry: Software - Application
• EPS (TTM): 0.01
• Shares Outstanding: 3,953,000,000
• 10 Day Avg. Volume: 37,410,605
• 30 Day Avg. Volume: 58,034,177
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: 0.69
• Enterprise Value/Revenue: 5.20
• Enterprise Value/Gross Profit: 12.13
• Enterprise Value/Ebitda: 59.82
• 1Y Price Target: $6.63
• Price Target Upside: 18.39% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 12

• Rating: 71 Outperform
• Price Target: $6.50 ▲(16.07% Upside)

Grab's overall stock score is driven by strong financial performance and positive earnings call sentiment, indicating a promising growth trajectory. The technical analysis supports a bullish outlook, although the high P/E ratio suggests caution regarding valuation. The absence of corporate events and dividend yield slightly tempers the overall score.

Positive Factors

Revenue Growth

Strong revenue growth indicates robust demand for Grab's services and effective expansion strategies, supporting long-term business sustainability.

Financial Services Expansion

Expansion in financial services diversifies revenue streams and strengthens Grab's market position in the digital economy, enhancing future growth potential.

Leadership Changes

New leadership with strong backgrounds can drive strategic initiatives and improve competitive positioning in Southeast Asia, benefiting long-term growth.

Negative Factors

Profitability Challenges

Ongoing profitability challenges may hinder long-term financial stability and limit the ability to invest in growth opportunities, affecting future performance.

Increased Regional Corporate Costs

Rising corporate costs can pressure margins and reduce financial flexibility, potentially impacting the company's ability to sustain growth and profitability.

Deliveries Margin Pressure

Margin pressure in the Deliveries segment could affect overall profitability, challenging the company's ability to maintain competitive pricing and service quality.

Grab Business Overview & Revenue Model

Company Description

Grab Holdings Limited provides superapps that allows access to mobility, delivery, financial services, and enterprise offerings through its mobile application in Cambodia, Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam. The company is headquartered in Singapore.

How the Company Makes Money

Grab makes money through multiple revenue streams, primarily driven by its diverse platform of services. The company's core revenue comes from ride-hailing services, where Grab charges a commission fee from drivers for every ride completed through its platform. GrabFood generates income by taking a percentage of each food order placed through its app, along with delivery fees. Additionally, GrabPay, the company's digital wallet, contributes to revenue through transaction fees from merchants and users. Grab also earns from its financial services, which include lending, insurance, and investment products. Strategic partnerships and collaborations with businesses and governments in Southeast Asia further bolster its revenue generation, as does its expanding enterprise solutions portfolio, which offers logistics and other business services.

Grab Financial Statement Overview

Summary

Grab shows a promising turnaround with strong revenue growth, improved gross margins, and a positive shift in profitability metrics. The balance sheet is solid, with strong equity and low debt levels. Cash flows have significantly improved, showcasing effective financial management. While challenges remain in achieving sustainable profitability, the overall financial health is on an improving trajectory, positioning the company well for future growth.

Income Statement

The income statement reflects a strong revenue growth trajectory, with a 23.67% increase from 2023 to 2024 and a 4.28% increase from 2024 to TTM (Trailing-Twelve-Months). Gross profit margins have improved significantly, indicating enhanced operational efficiency. However, consistent net losses over the years highlight ongoing profitability challenges, although the TTM period shows a positive net income, which is an encouraging sign. The EBIT and EBITDA margins have improved but remain negative, indicating ongoing operational difficulties.

Balance Sheet

Grab's balance sheet is robust with a high equity ratio of 67.25% in the TTM, suggesting strong financial stability and low leverage risk. The debt-to-equity ratio is modest at 0.06, indicating conservative debt management. Return on equity has turned positive in the TTM, reflecting improved profitability. The company maintains a strong cash position, reinforcing its ability to meet short-term obligations and invest in growth opportunities.

Cash Flow

Cash flow metrics indicate a solid improvement, with a substantial increase in free cash flow from 2023 to TTM. The operating cash flow to net income ratio is strong, reflecting effective cash management and operational efficiency. The positive trend in free cash flow growth indicates an enhanced ability to generate cash surplus, which can be used for strategic investments or debt reduction.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	3.07B	2.80B	2.36B	1.43B	675.00M	469.00M
Gross Profit	1.32B	1.17B	860.00M	77.00M	-395.00M	-494.00M
EBITDA	267.00M	-7.00M	-215.00M	-1.41B	-1.50B	-923.00M
Net Income	112.00M	-105.00M	-434.00M	-1.74B	-3.56B	-2.75B
Balance Sheet
Total Assets	11.14B	9.29B	8.79B	9.17B	11.18B	5.44B
Cash, Cash Equivalents and Short-Term Investments	7.16B	5.63B	5.04B	5.09B	8.08B	3.30B
Total Debt	1.91B	364.00M	793.00M	1.36B	2.17B	251.00M
Total Liabilities	4.78B	2.94B	2.32B	2.51B	3.16B	11.74B
Stockholders Equity	6.36B	6.40B	6.45B	6.60B	7.73B	-6.40B
Cash Flow
Free Cash Flow	671.00M	775.00M	-6.00M	-893.00M	-1.02B	-683.00M
Operating Cash Flow	766.00M	852.00M	86.00M	-819.00M	-938.00M	-643.00M
Investing Cash Flow	-397.00M	-231.00M	1.87B	-1.06B	-2.76B	-318.00M
Financing Cash Flow	992.00M	-771.00M	-770.00M	-1.12B	6.57B	1.58B

Grab Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 5.60
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GRAB, the sentiment is Neutral. The current price of 5.6 is below the 20-day moving average (MA) of 5.98, below the 50-day MA of 5.66, and above the 200-day MA of 4.97, indicating a neutral trend. The MACD of -0.04 indicates Positive momentum. The RSI at 41.34 is Neutral, neither overbought nor oversold. The STOCH value of 16.41 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for GRAB.

Grab Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
YMM	72 Outperform	$12.94B	22.54	11.14%	0.77%	25.36%	61.25%
GRAB	71 Outperform	$23.11B	203.64	1.77%	―	18.84%	―
SRAD	68 Neutral	$8.15B	65.06	11.80%	―	20.14%	335.82%
LYFT	67 Neutral	$8.21B	92.33	14.07%	―	19.94%	―
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
SPT	61 Neutral	$635.64M	―	-32.50%	―	14.79%	27.52%
KC	48 Neutral	$3.81B	―	-31.02%	―	20.42%	-9.39%

Grab Corporate Events

Grab Holdings Announces Key Leadership Changes Effective October 2025

On September 2, 2025, Grab Holdings Limited announced significant updates to its senior leadership team, effective October 1, 2025. John Pierantoni, with a robust background in finance leadership at major US-listed companies and entertainment giants, will assume the role of Chief Accounting Officer. Meanwhile, Liam Barker, who has been instrumental in leading Grab’s fintech and digital banking legal operations, will take on the position of Group General Counsel. These leadership changes are expected to strengthen Grab’s strategic positioning in the competitive Southeast Asian market.

Grab Holdings Releases Interim Report for First Half of 2025

On August 15, 2025, Grab Holdings Limited released its interim report for the six-month period ending June 30, 2025. The report highlights the company’s financial performance and operational metrics, showcasing its continued focus on digital banking and financial services expansion in Southeast Asia. The interim report is incorporated into Grab’s registration statements, reflecting its strategic positioning in the digital economy and its potential implications for stakeholders.

Grab Reports Strong Q2 2025 Results with Revenue Growth

Grab Holdings Limited reported a strong financial performance for the second quarter of 2025, with revenue increasing by 23% year-over-year to $819 million, driven by growth in its On-Demand and Financial Services segments. The company achieved a profit of $20 million, marking an $89 million improvement from the previous year, and recorded an adjusted EBITDA of $109 million, a 69% increase year-over-year. The growth was supported by a 21% increase in On-Demand GMV and a 22% rise in Deliveries GMV, alongside significant contributions from its advertising business. Despite a decrease in net cash from operating activities, the company maintained strong cash liquidity, ending the quarter with $7.6 billion.

Grab Reports Strong Q2 2025 Financial Results

On July 31, 2025, Grab Holdings Limited announced its financial results for the second quarter of 2025, reporting a 23% year-over-year revenue growth to $819 million. The company achieved a profit of $20 million, marking an $89 million improvement from the previous year. Grab’s On-Demand GMV grew by 21% to $5.4 billion, and Adjusted EBITDA reached a record high of $109 million. The company also issued $1.5 billion in zero coupon convertible senior notes, bolstering its financial position and strategic flexibility. This financial performance underscores Grab’s continued growth momentum and its commitment to disciplined capital allocation, aiming for further profitability in the second half of the year.