Grab

[winston]

not vested

Why Grab Holdings Plunged Today

by Billy Duberstein

Key Points

Grab delivered a revenue beat but only met earnings expectations.

Still, EBITDA profitability increased as the company's margins expanded.

It's difficult to pinpoint the reason for today's sell-off, making the stock look attractive after the pullback.

Source: The Motley Fool

https://finance.yahoo.com/news/why-grab ... 44849.html

[winston]

not vested

Grab - A - Stock Analyst Research
Target Price* US 7.00
Recommendation BUY

Grab Holdings- Product-led strategy gaining momentum

Both 3Q25 revenue and PATMI met our estimates.

9M25 revenue/PATMI were at 72%/60% of our FY25e forecasts. We expect PATMI to be backloaded in 4Q25 as the company turns more profitable.

Revenue growth remains strong, +22% YoY to US$873mn in 3Q25. Growth was propelled by strong performances in both On-Demand services (+20% YoY) and Financial Services arm (+41% YoY).

We increase our FY25e/FY26e revenue and PATMI by 1%/1% and 2%/3% to account for higher growth prospects and expanding margin for both on-demand and financial services.

We decrease our beta to 0.98 as Grab turns profitable and business volatility has come down.

We maintain our BUY recommendation and increase our DCF target price to US$7.00 (prev.US$5.80), with a WACC of 7.4% and terminal growth rate of 3.5%

Grab’s product-led strategy is helping it drive share gains in both mobility and delivery.

Source: Phillips

https://www.poems.com.sg/stock-research/GRAB/