Added to YB: 2024-12-03
Pitch date: 2024-12-01
GRAB [bullish]
Grab Holdings Limited
-3.07%
current return
Author Info
No bio for this author
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Company Info
Grab Holdings Limited engages in the provision of superapps in Cambodia, Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam.
Market Cap
$20.9B
Pitch Price
$5.05
Price Target
10.00 (+104%)
Dividend
N/A
Sector
Ground Transportation
Category
growth
Show full summary:
Grab: Riding Profitability and Strategic Moats Toward a $10 Target
GRAB: SE Asian superapp (ride-hailing, food, payments) breaks out after 2+ years. Q3 GAAP profit $15M, raised EBITDA guidance 15%. 42M monthly users, $500M buyback. EV $14B, 17% growth. PT $10 by 2027. Founder-led, profitable, expanding margins. BofA downgrade questionable. Expect upgrades in 2025 if execution continues.
Read full article (3 min)