Grab (GRAB) Projected to Post Quarterly Earnings on Wednesday

Grab (NASDAQ:GRAB) is projected to release its Q1 2025 earnings data before the market opens on Wednesday, May 21st. Analysts expect Grab to post earnings of $0.02 per share and revenue of $765.57 million for the quarter. Grab has set its FY 2025 guidance at EPS.

Grab (NASDAQ:GRAB) last announced its quarterly earnings data on Thursday, February 20th. The company reported $0.01 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.01. The company had revenue of $764.00 million during the quarter, compared to analysts’ expectations of $762.57 million. Grab had a negative net margin of 3.72% and a negative return on equity of 1.63%. On average, analysts expect Grab to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Grab Trading Up 0.8%

Shares of GRAB opened at $5.03 on Wednesday. Grab has a twelve month low of $2.98 and a twelve month high of $5.72. The firm has a market capitalization of $20.26 billion, a P/E ratio of -251.50, a price-to-earnings-growth ratio of 2.26 and a beta of 0.86. The company has a current ratio of 2.70, a quick ratio of 2.67 and a debt-to-equity ratio of 0.04. The stock’s fifty day simple moving average is $4.45 and its 200 day simple moving average is $4.68.

Analysts Set New Price Targets

Several equities research analysts have commented on the company. CLSA upgraded Grab to a “moderate buy” rating in a research note on Wednesday, April 9th. Barclays upped their target price on Grab from $5.50 to $6.50 and gave the stock an “overweight” rating in a research report on Thursday, February 20th. Citigroup reiterated a “buy” rating on shares of Grab in a report on Tuesday, February 4th. HSBC raised shares of Grab from a “hold” rating to a “buy” rating and lowered their price target for the company from $5.50 to $5.45 in a report on Tuesday, February 4th. Finally, Benchmark restated a “buy” rating and issued a $6.00 price target on shares of Grab in a research note on Thursday, February 20th. Two investment analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $5.60.

Grab Company Profile

Grab Holdings Limited engages in the provision of superapps in Cambodia, Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam. The company offers its Grab ecosystem, a single platform with superapps for driver- and merchant-partners and consumers, that allows access to mobility, delivery, digital financial services, and enterprise sector offerings.