Analysts Stay Confident in Grab Holdings Limited (GRAB) Even as Shares Lag

Group 1 - Grab Holdings Limited (NASDAQ:GRAB) is currently viewed as a stock under $50 with significant upside potential, with Barclays setting a price target of $7, indicating a nearly 58% upside from the consensus median price target of $6.95 [1] - BofA Securities upgraded Grab Holdings Limited to Buy from Neutral, maintaining a price target of $6.30, despite the stock's 17.85% decline over the last six months, citing muted competition and improved margins in core mobility and delivery businesses [2] - The company has a strong net cash position exceeding $5 billion, which is believed to mitigate downside risk, with potential upside from better-than-expected performance in GrabMart or quick commerce operations [3] Group 2 - Grab Holdings Limited is recognized as Southeast Asia's leading superapp, excelling in food deliveries, mobility, and financial services, positioning itself as an all-in-one platform for daily needs and earning opportunities [4]