Upside case
Bull case
$7+105.9%
GRAB would need investors to value it at roughly 68x earnings — about 35x more generous than today's 33x forward P/E. That requires meaningful multiple expansion on top of continued earnings growth.
Analysis OverviewBuyUpdated Jun 18, 2026
Grab Holdings Limited (GRAB) Stock Analysis
Wall Street verdict, consensus price target, and analyst rating breakdown — everything needed to frame the risk/reward at today's price.
Analyst consensus
Buy
Covering
12
analysts
11 bullish · 1 bearish · 12 covering GRAB
Strong Buy
0
Buy
11
Hold
0
Sell
1
Strong Sell
0
Consensus Target
$6
+63.9% vs today
Scenario Range
$4 – $7
Model bear to bull value window
Coverage
12
Published analyst ratings
Valuation Context
33.1x
Forward P/E · Market cap $14.2B
GRAB price targets
Three scenarios for where GRAB stock could go
Current
~$4
Confidence
62 / 100
Updated
Jun 18, 2026
Where we are now
Current · $4
Bear
$4
Base
$6
Bull
$7
Market caseClosest to today
Base case
$6+56.3%
At 52x on FY1 earnings, the base case reflects a reasonable but not stretched valuation. It prices in continued growth without assuming an exceptional setup.
Stress case
Bear case
$4-1.7%
If investor confidence fades or macro conditions deteriorate, a 1x multiple contraction could push GRAB down roughly 2% from where it trades now.
Not financial advice. Model confidence reflects internal scenario assumptions, not a guarantee of returns. Past performance does not predict future results.
Grab Holdings Limited
GRAB · NASDAQTechnologySoftware - ApplicationDecember year-end
Grab is a Southeast Asian superapp that offers ride-hailing, food delivery, and digital financial services through a single mobile platform. It generates revenue primarily from its mobility segment — which includes ride-hailing and taxi services — and its deliveries segment — mainly food and grocery delivery — with financial services and enterprise offerings contributing smaller portions. The company's key advantage is its dominant first-mover position across Southeast Asia, creating a powerful network effect where its massive user base attracts more drivers and merchants, which in turn draws more users.
Market Cap
$14.2B
Revenue TTM
$3.6B
Net Income TTM
$379M
Net Margin
10.7%
GRAB Revenue and Earnings Performance
Quarterly beat-or-miss track record against analyst estimates, plus forward revenue and EPS outlook for the next two fiscal years.
EPS Beat Rate
50%Exceptional
12 quarters tracked
Revenue Beat Rate
50%Exceptional
vs consensus estimates
Avg EPS Surprise
-47.6%
above Street consensus
Beat / Miss Record
BeatMissLeft = EPS · Right = Revenue
Q4 2025
Q1 2026
Q1 2026
Q2 2026
Last 4 Quarters
EPS beats: 2 of 4Q4 2025
EPS
$0.01/$0.01
Revenue
$873M/$874M
Q1 2026
EPS
—/$0.01
Revenue
$906M/$923M
Q1 2026
EPS
$0.04/$0.01
Revenue
$906M/$937M
Q2 2026
EPS
$0.03/$0.02
Revenue
$955M/$922M
| Quarter | EPS (Actual / Est) | EPS Surprise | Revenue (Actual / Est) | Rev Surprise |
|---|---|---|---|---|
| Q4 2025 | $0.01/$0.01 | -27.5% | $873M/$874M | -0.1% |
| Q1 2026 | —/$0.01 | — | $906M/$923M | -1.8% |
| Q1 2026 | $0.04/$0.01 | +187.1% | $906M/$937M | -3.3% |
| Q2 2026 | $0.03/$0.02 | +59.8% | $955M/$922M | +3.6% |
FY1–FY2 Estimates
Revenue Outlook
FY1
$4.2B
+17.1% YoY
FY2
$4.9B
+16.9% YoY
EPS Outlook
FY1
$0.10
+22.7% YoY
FY2
$0.12
+18.3% YoY
Trailing FCF (TTM)-$88M
FCF Margin: -2.5%
Next Earnings
July 30, 2026
Expected EPS
$0.01
Expected Revenue
$986M
GRAB beat EPS estimates in 2 of 4 tracked quarters. Mixed delivery makes the upcoming report a key data point for re-rating.
GRAB Revenue Breakdown by Segment
Product and geographic revenue mix from the latest annual disclosure, with year-over-year growth by segment.
Latest disclosure
FY 2025
Total disclosed revenue $3.4B
Product Mix
Latest annual revenue by segment or product family
Deliveries
53.5%
+20.6% YoY
Tap, hover, or focus a slice to inspect segment detail.
Geographic Mix
Latest annual revenue by reported region
MALAYSIA
30.8%
+27.3% YoY
Tap, hover, or focus a slice to inspect segment detail.
Deliveries is the largest disclosed segment at 53.5% of FY 2025 revenue, up 20.6% YoY.
MALAYSIA is the largest reported region at 30.8%, up 27.3% YoY.
GRAB Valuation Snapshot
Current multiples compared to the S&P 500, the company's sector, and its own five-year average.
Relative Value Signal
Expensive versus peers
Fair value est. $2 — implies -39.9% from today's price.
Premium to Fair Value
39.9%
above fair value
Deep DiscountFair ValueVery Expensive
vs S&P 500 Trailing P/E
GRAB
56.0x
vs
S&P 500
24.4x
+129% premium
vs Technology Trailing P/E
GRAB
56.0x
vs
Technology
29.0x
+93% premium
vs GRAB 5Y Avg P/E
Today
56.0x
vs
5Y Average
78.3x
28% discount
Forward PE
33.1x
S&P 500
18.8x
+76%
Technology
22.3x
+49%
5Y Avg
—
—
Trailing PE
56.0x
S&P 500
24.4x
+129%
Technology
29.0x
+93%
5Y Avg
78.3x
-28%
PEG Ratio
—
S&P 500
1.66x
—
Technology
1.51x
—
5Y Avg
—
—
EV/EBITDA
33.8x
S&P 500
15.2x
+122%
Technology
16.6x
+103%
5Y Avg
51.7x
-35%
Price/FCF
105.8x
S&P 500
20.7x
+411%
Technology
19.2x
+451%
5Y Avg
90.5x
+17%
Price/Sales
4.2x
S&P 500
3.1x
+36%
Technology
2.4x
+73%
5Y Avg
13.3x
-68%
Dividend Yield
—
S&P 500
1.91%
—
Technology
1.11%
—
5Y Avg
—
—
| Metric | GRAB | S&P 500 | Technology | 5Y Avg GRAB |
|---|---|---|---|---|
| Forward PE | 33.1x | 18.8x+76% | 22.3x+49% | — |
| Trailing PE | 56.0x | 24.4x+129% | 29.0x+93% | 78.3x-28% |
| PEG Ratio | — | 1.66x | 1.51x | — |
| EV/EBITDA | 33.8x | 15.2x+122% | 16.6x+103% | 51.7x-35% |
| Price/FCF | 105.8x | 20.7x+411% | 19.2x+451% | 90.5x+17% |
| Price/Sales | 4.2x | 3.1x+36% | 2.4x+73% | 13.3x-68% |
| Dividend Yield | — | 1.91% | 1.11% | — |
GRAB trades above S&P 500 benchmarks on 5 of 5 measured multiples — commands a broad premium across most valuation dimensions.
Forward P/E and PEG reflect analyst consensus estimates. Historical averages use trailing ratios where forward data is unavailable.S&P 500 and sector benchmarks both use trailing median P/E — similar readings indicate the broader index and sector are priced alike.
Open valuation toolGRAB Financial Health
Verdict
Adequate
GRAB returns 1.9% of market cap to shareholders annually.
Cash Engine
Revenue, margins, and cash generation
Revenue (TTM)
Trailing-twelve-month sales base
$3.6B
Revenue Growth
TTM vs prior year
+21.8%
Gross Margin
Gross profit as a share of revenue
43.5%
Operating Margin
Operating income divided by revenue
5.7%
Net Margin
Net income divided by revenue
10.7%
EPS (TTM)
Diluted earnings per share, trailing twelve months
$0.09
Free Cash Flow (TTM)
Cash generation after capex
-$88M
FCF Margin
FCF as share of revenue — the primary cash quality signal
-2.5%
Capital Quality
ROIC, leverage, and debt serviceability
ROIC
Return on invested capital — primary competitive quality signal
3.3%
ROA
Return on assets, trailing twelve months
3.3%
Cash & Equivalents
Liquid assets on the balance sheet
$3.4B
Net Cash
Cash exceeds total debt — no net leverage
$1.4B
Debt Serviceability
Net debt as a multiple of annual free cash flow
Net cash ✓
ROE
Return on equity, trailing twelve months
5.8%
Shareholder Returns
How capital is returned to owners
Total shareholder yield
1.9%
Dividend
—
Buyback
1.9%
Share Repurchases
Trailing buyback outflow — dollar magnitude of capital returned
$274M
Dividend / Share
Annualized trailing dividend per share
—
Payout Ratio
Share of earnings distributed as dividends
—
Shares Outstanding
Declining as buybacks retire shares
4.0B
All figures from the trailing twelve months. ROIC uses invested capital (equity + net debt).
Open full ratios pageGRAB Stock Risk Factors
Key factors that could pressure the stock price, compress the multiple, or weigh on future results.
AI analysis · updated June 18, 2026
Medium
Regulatory risk
Indonesia's commission cap on 2-wheel ride-hailing could impact a small but notable portion of Grab's revenue.
High Risk
Competitive expansion risks
Grab's aggressive acquisitions (e.g., Everrise, Jaya Grocer) in groceries and retail may strain margins and integration capabilities.
Medium
Market sentiment volatility
Stock price fluctuations (e.g., -3.34% drop) reflect sensitivity to operational and macroeconomic uncertainties.
Lower
Share buyback impact
The $500M share repurchase program may signal confidence but could divert cash from growth initiatives.
These are risk mechanisms, not predictions. The key question is which would force a cut to earnings estimates or a lower multiple than the market currently prices in.
Why GRAB Stock Could Outperform
Structural drivers behind the upside case and why the stock could outperform over the next 12 months.
AI analysis · updated June 18, 2026
Market dominance in Indonesia
Grab's acquisition of its mobility and deliveries business in Indonesia, the largest SEA market, strengthens its competitive position despite potential anti-competitive concerns.
Revenue and EBITDA growth
Q3 2025 results show promising revenue and EBITDA growth, indicating improving financial performance and operational efficiency.
Expanding high-margin segments
Emerging segments like GrabMart and GrabAds are contributing to higher margins, diversifying revenue streams beyond core services.
Super-app dominance in SEA
Grab's super-app model solidifies its leadership in Southeast Asia, offering a wide range of services from mobility to financial inclusion.
Strategic Uber partnership
The partnership with Uber enhances Grab's market positioning and operational synergies, driving long-term profitability.
Strong financial inclusion efforts
Grab's initiatives in financial inclusion are expanding its user base and increasing engagement across its platform.
A real bull case compounds — each driver matters most when it strengthens margins, supports capital returns, and keeps the company above the market's minimum growth bar simultaneously.
GRAB Stock Price Performance
52-week range context and price returns across multiple time horizons. Dividend contribution is shown separately in the Capital Return section.
Current Price
$3.57
52W Range Position
11%
52-Week Range
Current price plotted between the 52-week low and high.
52-Week Low
$3.18
+12.3% from the low
52-Week High
$6.62
-46.1% from the high
1 Month
+0.85%
3 Month
-4.80%
YTD
-29.7%
1 Year
-23.4%
3Y CAGR
+1.8%
5Y CAGR
-21.2%
10Y CAGR
-11.3%
Range context matters because valuation compression and earnings misses rarely hit from the same starting point. A stock already far below its high can still fall, but it is no longer carrying the same embedded optimism as one pressing a fresh peak.
GRAB vs Peers
Valuation, growth, and margin comparison against the closest publicly traded peers for this company.
Peer Set
Accurate peer set
Forward PE
33.1x
vs 23.4x median
+42% above peer median
Revenue Growth
+17.1%
vs +14.9% median
+15% above peer median
Net Margin
10.7%
vs 6.9% median
+54% above peer median
| Company | Mkt Cap | Fwd PE | Rev Grw | Margin | Rating | Upside |
|---|---|---|---|---|---|---|
GRA GRAB Grab Holdings Limited | $14.2B | 33.1x | +17.1% | 10.7% | Buy | +63.9% |
UBE UBER Uber Technologies, Inc. | $148.4B | 21.6x | +12.6% | 15.9% | Buy | +42.3% |
LYF LYFT Lyft, Inc. | $5.4B | 23.4x | +14.9% | 43.8% | Hold | +25.5% |
BID BIDU Baidu, Inc. | $38.0B | 2.1x | +10.9% | 3.5% | Buy | +43.4% |
SE SE Sea Limited | $55.9B | 25.9x | +19.8% | 6.9% | Buy | +53.0% |
DAS DASH DoorDash, Inc. | $75.6B | 68.3x | +17.2% | 6.3% | Buy | +45.5% |
This peer comparison reflects companies with similar business models, product lines, or market positioning, supplemented by industry grouping when direct matches are limited.
GRAB Dividend and Capital Return
GRAB returns 1.9% annually — null% through dividends and 1.9% through buybacks.
Dividend UnknownFCF Unknown
Total Shareholder Yield
1.9%
Dividend + buyback return per year
Buyback Yield
1.9%
Dividend Yield
—
Payout Ratio
—
Dividend Profile
Yield, cadence, and growth quality
Dividend / Share
Trailing annualized cash dividend
$0.00
Growth Streak
Consecutive years of dividend increases
0Y
3Y Div CAGR
—
5Y Div CAGR
—
Ex-Dividend Date
—
Payment Cadence
—
0 payments over the last 12 months
Buyback Engine
How much per-share support comes from repurchases
Repurchases (TTM)
Cash used for buybacks in the latest trailing period
$274M
Estimated Shares Retired
77M
Approx. Share Reduction
1.9%
Shares Outstanding
Current diluted share count from the screening snapshot
4.0B
At 1.9%/year, buybacks mechanically lift EPS even with flat earnings — each remaining share represents a slightly larger piece of the company.
FAQ
7 questionsGRAB Investor Questions
Common questions answered from live analyst data and company financials.
01Is Grab Holdings Limited (GRAB) stock a buy or sell in 2026?
Grab Holdings Limited (GRAB) is rated Buy by Wall Street analysts as of 2026. Of 12 analysts covering the stock, 11 rate it Buy or Strong Buy, 0 rate it Hold, and 1 rate it Sell or Strong Sell. The consensus 12-month price target is $6, implying +63.9% from the current price of $4. The bear case scenario is $4 and the bull case is $7.
02What is the GRAB stock price target for 2026?
The Wall Street consensus price target for GRAB is $6 based on 12 analyst estimates. The high-end target is $6 (+65.3% from today), and the low-end target is $6 (+62.5%). The base case model target is $6.
03Is Grab Holdings Limited (GRAB) stock overvalued in 2026?
GRAB trades at 33.1x times forward earnings. The stock trades at a notable premium to the broad market, which is typical for businesses with strong free cash flow and above-average growth expectations. Based on current multiples versus the peer group, the relative model signals expensive versus peers. Whether the stock is over or undervalued ultimately depends on whether consensus earnings estimates are achievable.
04What are the main risks for Grab Holdings Limited (GRAB) stock in 2026?
The primary risks for GRAB in 2026 are: (1) Competitive expansion risks — Grab's aggressive acquisitions (e. (2) Regulatory risk — Indonesia's commission cap on 2-wheel ride-hailing could impact a small but notable portion of Grab's revenue. (3) Market sentiment volatility — Stock price fluctuations (e. Each factor has the potential to pressure earnings or compress the stock's valuation multiple.
05What is Grab Holdings Limited's revenue and earnings forecast?
Analyst consensus estimates GRAB will report consensus revenue of $4.2B (+17.1% year-over-year) and EPS of $0.10 (+22.7% year-over-year) for the upcoming fiscal year. The following year, analysts project $4.9B in revenue.
06When does Grab Holdings Limited (GRAB) report its next earnings?
Grab Holdings Limited is expected to report its next earnings on approximately 2026-07-30. Consensus expects EPS of $0.01 and revenue of $986M. Over recent quarters, GRAB has beaten EPS estimates 50% of the time.
07How much free cash flow does Grab Holdings Limited generate?
Grab Holdings Limited (GRAB) had a free cash outflow of $88M in free cash flow over the trailing twelve months — a free cash flow margin of 2.5%. GRAB returns capital to shareholders through and share repurchases ($274M TTM).