In the latest market close, Grab Holdings Limited (GRAB) reached $3.64, with a -0.55% movement compared to the previous day. The stock's performance was behind the S&P 500's daily loss of 0.19%. Elsewhere, the Dow saw an upswing of 0.09%, while the tech-heavy Nasdaq depreciated by 0.36%. The company's stock has climbed by 14.38% in the past month, exceeding the Business Services sector's gain of 6.7% and the S&P 500's gain of 2.06%. The upcoming earnings release of Grab Holdings Limited will be of great int ...

With the S&P 500 continuing to hover near all-time highs, alongside rotating more of my portfolio into value stocks, I've also begun to champion a higher allocation toward international growth stocks. By focusing more of my single-stock investments on high-potential companies With combined experience of covering technology companies on Wall Street and working in Silicon Valley, and serving as an outside adviser to several seed-round startups, Gary Alexander has exposure to many of the themes shaping the ind ...

gahsoon Recap In our latest article on Grab (NASDAQ:NASDAQ:GRAB), we wrote that Delivery Gross Merchandise Value ("GMV") growth would be under pressure because of the pull-forward demand in the food delivery service. However, the positive sides were Mobility returning to pre-COVID levels, lower incentives as players pursue profitability over growth, and rapidly growing Fintech and high-margin Advertising businesses. Our fair value estimate of Grab was $3.6 per share, derived from the sum-of-the-parts ("SOTP ...

fongfong2 Introduction Grab Holdings (NASDAQ:GRAB), the leading superapp and the so-called Uber of Southeast Asia, just reported Q2 earnings that missed Revenue estimates and EPS that was in line with expectations. The stock sold off by more than 7% following the news. After looking through the earnings report, I realized that while there were some disappointing numbers, there were certainly no red flags. I think investors overreacted to the news headline that growth is slowing down, but if we just dig a li ...

The ride-sharing company slipped on a disappointing earnings report. Shares of Grab Holdings (GRAB -5.93%) were heading lower today after Southeast Asia's leading ride-sharing business posted disappointing results in its second-quarter results. As of 1:20 p.m. ET, the stock was down 5.9% on the news. Grab comes up short Revenue in the quarter rose 17%, or 23% in constant currency to $664 million, which missed estimates at $673.2 million. Gross merchandise volume (GMV), or the total value of all orders, grew ...

Indonesian super app Grab saw a record number of monthly users in its latest quarter. "We continued to harness the strength of the Grab ecosystem, and improved the usage frequency and reliability of our products and services," Grab CEO and Co-founder Anthony Tan said in a news release Thursday (Aug. 15). "During the quarter, we achieved a new milestone, serving more users than ever at a record high of 41 million MTUs while delivering continued profitable growth at scale." And although the company saw growth ...

Key Takeaways Grab Holdings posted lower-than-expected revenue and gave a soft full-year outlook as riders spent less on its service. The Asian ride-hailing firm reported the average amount of spending per user declined 6% from 2023. Both revenue and adjusted EBITDA guidance came up short of analysts' forecasts. Shares of Grab Holdings (GRAB) tumbled in intraday trading Thursday as the Asian ride-hailing firm missed revenue estimates and gave soft guidance as rider spending declined. The Singapore-based com ...

Grab Holdings Limited (NASDAQ:GRAB) Q2 2024 Earnings Conference Call August 15, 2024 8:00 PM ET Company Participants Douglas Eu - Director, IR & Strategic Finance Anthony Tan - CEO Alex Hungate - COO Peter Oey - CFO Conference Call Participants Pang Vitt - Goldman Sachs Alicia Yap - Citigroup Sachin Salgaonkar - Bank of America Piyush Choudhary - HSBC Singapore Ranjan Sharma - JPMorgan Mark Mahaney - Evercore Jiong Shao - Barclays Operator Ladies and gentlemen, thank you for joining us today. My name is Aid ...

Grab 1 Q2 2024 Earnings Call August 2024 Disclaimer Non-IFRS Financial Measures This document and the investor webcast contain references to non-IFRS financial measures, including Adjusted EBITDA, Segment Adjusted EBITDA, Segment Adjusted EBITDA margin, Total Segment Adjusted EBITDA, Adjusted EBITDA margin and Adjusted Free Cash Flow. Grab uses Adjusted EBITDA, Segment Adjusted EBITDA, Segment Adjusted EBITDA margin, Total Segment Adjusted EBITDA, and Adjusted EBITDA margin for financial and operational dec ...

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though? Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Grab Holdings Limited (GRAB) . Grab currently has an average bro ...