Grab Holdings Limited (GRAB) AI Stock Analysis
GRAB AI stock analysis summary
AI ResearchGrab Holdings Limited operates a leading superapp across Southeast Asia providing mobility, delivery, and digital financial services. The company achieved profitability in FY2025 with net income of $268.0M on revenue of $3.37B. It holds a strong liquidity profile with $4.27B in net cash as of June 30, 2026.
- Market cap
- $12.03B
- Revenue (TTM)
- $3.73B
- P/E
- 26.7x fwd 25.5x
- 1Y return
- -48.5% S&P 500 16.8%
- Avg. target
- $5.58 89.8% vs last close
Bull case
- Grab achieved full-year net profitability in FY2025, generating $268.0M in net income compared to a net loss of $105.0M in FY2024.
- The balance sheet features strong liquidity, with $4.27B in net cash and $6.30B in cash and short-term investments as of June 30, 2026.
- Quarterly revenue grew 21.9% year-over-year in the period ending June 30, 2026, accompanied by 41.0% quarterly earnings growth.
Bear case
- GRAB shares declined 48.5% over the past 12 months, significantly lagging the S&P 500 return of 16.8%.
- Free cash flow dropped to $134.0M in FY2025 from $775.0M in FY2024.
- Consensus estimates project next fiscal year EPS to fall 2.0% to $0.13 despite expected revenue growth of 25.0%.
What Grab does
Grab Holdings Limited operates a superapp platform across Southeast Asia, offering mobility, delivery, financial services, and enterprise solutions. Based and headquartered in Singapore, the company serves consumers and businesses across Cambodia, Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam. Grab integrates core offerings including ride-hailing, food delivery, digital payments, and financial services into a unified application. Additionally, its Grab for Business segment provides enterprise solutions such as corporate travel management, delivery services, and expense management to assist organizations with digital transformation.
Growth and profitability
Grab generated revenue of $3.37B in FY2025, up 20.5% from $2.80B in FY2024 and expanding at a five-year compound annual growth rate of 48.4% from FY2020. Gross margin reached 43.2% in FY2025, up from -58.5% in FY2021 and 42.0% in FY2024. Operating margin turned positive at 6.6% in FY2025, compared to -2.0% in FY2024 and -230.4% in FY2021. Net income reached $268.0M in FY2025, improving from -$105.0M in FY2024 and -$3.45B in FY2021. For the trailing twelve months ended June 30, 2026, revenue stood at $3.73B, with latest quarter revenue growing 21.9% and earnings growing 41.0% year-over-year.
Balance sheet and cash flow
As of June 30, 2026, Grab held $6.30B in cash and short-term investments against total debt of $2.03B, resulting in a net cash position of $4.27B. The company recorded shareholders' equity of $6.77B and a current ratio of 1.52, alongside a debt-to-equity ratio of 0.30. Operating cash flow was $231.0M in FY2025, while free cash flow stood at $134.0M after capital expenditures of $97.0M. During FY2025, Grab deployed $274.0M toward share buybacks.
Valuation and performance
Grab trades at an enterprise value of $8.83B and a market capitalization of $12.03B. Its trailing P/E ratio is 26.7x, below the 28.1x median of its US-listed Technology peers. Its forward P/E ratio of 25.5x trades at a premium to the peer median of 18.8x, while its EV/EBITDA of 10.6x sits below the peer median of 16.6x. Over the past year, GRAB shares dropped 48.5%, underperforming the S&P 500 return of 16.8%.
What analysts expect
Wall Street coverage includes 19 Strong Buy ratings and 5 Buy ratings, with zero Hold, Sell, or Strong Sell recommendations. The mean price target is $5.58, representing an 89.8% premium to the last close of $2.94. For the fiscal year ending December 31, 2026, consensus estimates project revenue of $4.19B and EPS of $0.14. For the following fiscal year, 4 analysts estimate revenue of $5.24B and EPS of $0.13. Grab beat EPS estimates in 3 of the last 4 quarters, with next earnings scheduled for November 2, 2026.
Key risks and what to watch
- The trailing twelve months operating margin of 2.1% remains low compared to the US-listed Technology peer median of 13.2%.
- Short interest accounts for 7.6% of float as the share price trades 21.4% below its 200-day average.
- Annual operating cash flow declined from $852.0M in FY2024 to $231.0M in FY2025.
AI-generated research summary. Written with AI from Quotelinks data as of October 16, 2026 and checked so every figure matches that data. For information only, not investment advice. Disclaimer
About this GRAB AI stock analysis
This page is an AI-written research summary of Grab Holdings Limited (GRAB). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.
Related: GRAB income statement, GRAB balance sheet, GRAB key metrics, GRAB analyst forecast, GRAB chart. See the GRAB stock overview for the latest quote and news.
GRAB AI stock analysis FAQ
Does Grab pay a dividend?
Grab does not currently pay a dividend. The company returned capital to shareholders through $274.0M in share buybacks during FY2025.
What is Grab's net cash position?
As of June 30, 2026, Grab held $6.30B in cash and short-term investments against $2.03B in total debt, giving it a net cash balance of $4.27B.
What are analysts' price targets for GRAB?
Analysts have established a mean price target of $5.58 for GRAB, which is 89.8% above its last close of $2.94 on October 16, 2026.
When does Grab report its next financial results?
Grab is scheduled to report its next earnings on November 2, 2026.