Grab Holdings Limited has reported an impressive first-quarter revenue of $955 million, marking a 23.5% year-over-year increase and a 24% jump in Gross Merchandise Value. While the company reaffirmed its full-year guidance for 2026, JPMorgan has lowered its price target and the stock carries a 'Sell' recommendation, underscoring market concerns. Despite these challenges, Grab's expansion into autonomous rides and a $400 million share repurchase program highlight its commitment to growth and shareholder value.
“Grab Holdings · has launched · 13 new AI-driven features”
“Grab Holdings · has started · an autonomous ride service · in Singapore”
“Grab Holdings Limited · has upside potential of · Tech Stocks That Could Make You a Millionaire · 72.93%”
“Grab Holdings Limited · reported first-quarter revenue of · $955 million”
“Grab Holdings Limited · experienced year-over-year growth in On-Demand GMV of · 24%”
“Grab Holdings Limited · saw an increase in Adjusted EBITDA of · 46% · $154 million”
“Grab Holdings Limited · reaffirmed full-year 2026 guidance for revenue between · $4.04 billion and $4.10 billion”
“Grab Holdings Limited · reaffirmed full-year 2026 guidance for Adjusted EBITDA between · $700 million and $720 million”
“JPMorgan analyst Ranjan Sharma · lowered the price target on Grab Holdings Limited to · $5.90”
“JPMorgan analyst Ranjan Sharma · maintained an Overweight rating on the shares of · Grab Holdings Limited”
“Grab Holdings · is a leading super-app founded in · 2012”
“Grab Holdings · is headquartered in · Singapore”