Grab Up 62% in 6 Months: Is the Stock Still Worth Betting On?

Core Insights - Grab Holdings (GRAB) shares have increased by 62.2% over the past six months, outperforming the Zacks Computer & Technology sector's return of 56.2% and the Zacks Internet - Software industry's rise of 45.9% [1][7]. Performance and Technical Indicators - Despite the significant rally, Grab is believed to have substantial upside potential, supported by a Momentum Score of A and technical indicators suggesting continued strong performance [2]. - The stock is trading above its 50-day moving average, indicating robust upward momentum and price stability [2][3]. Growth Drivers - Grab is experiencing impressive growth in On-Demand Gross Merchandise Value (GMV), which rose 21% year over year in Q2 2025, contributing to a projected revenue of $3.33 billion to $3.40 billion for the full year 2025, reflecting a year-over-year growth of 19-22% [8]. - The company's transformation into an "everyday everything app" has diversified its offerings, including food delivery, e-scooter rentals, and digital payments, enhancing its market position in Southeast Asia [9]. Strategic Partnerships - Grab has partnered with Amazon Web Services (AWS) to enhance its operational efficiency and drive growth across its mobility, deliveries, and financial services verticals [11][12]. - A partnership with BYD aims to provide access to up to 50,000 electric vehicles (EVs) for Grab's driver-partners, enhancing its service offerings [13]. - Grab's strategic equity investment in WeRide is set to accelerate the deployment of Level 4 autonomous vehicles in Southeast Asia, integrating WeRide's technology into Grab's platform [14][15]. Valuation and Market Sentiment - Grab is currently trading at a premium, with a forward 12-month Price/Sales ratio of 6.31X compared to the industry's 5.62X, indicating a higher valuation [17]. - The positive earnings estimate revisions over the past 60 days reflect analysts' confidence in Grab's prospects, contributing to its appeal as an investment opportunity [10][19]. Conclusion - Grab's strong portfolio, expanding partnerships, and favorable market sentiment position it as a formidable player in Southeast Asia's super-app ecosystem, making it a compelling investment opportunity [20].