Grab Remains Expensive - Likely To Trade Sideways In Intermediate Term [Seeking Alpha]
Grab Holdings Limited (GRAB)
Company Research
Source: Seeking Alpha
GRAB's "hyper-local approach" has directly contributed to its robust top/ bottom lines, with FY2024 expected to be its first year of positive adj EBITDA margins. Much of the top/ bottom line tailwinds are attributed to its sticky offerings, growing customer base, and robust opportunities in the high margin advertising business. However, despite its recovery and promising raised FY2024 guidance, GRAB remains expensive compared to its Super App peers. As a result, the stock is likely to trade sideways as it slowly grows into its premium valuations in the intermediate term. The GRAB Investment Thesis Remains Expensive For So Long That Its Profits Are Minimal Grab Holdings Limited ( NASDAQ: GRAB ) is the Uber ( UBER ) equivalent of the Super App platform in the Southeast Asia region, with the Recommended For You
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GRAB
News
- Introducing Fortune's first-ever Southeast Asia 500: Firms that mine stuff, make stuff, and move stuff dominate a fast-growing region [Yahoo! Finance]Yahoo! Finance
- Introducing Fortune's first-ever Southeast Asia 500: Firms that mine stuff, make stuff, and move stuff dominate a fast-growing region [Fortune]Fortune
- Grab Holdings – Uber's Asian Peer Is Hedge Funds' Favorite AI Penny Stock [Yahoo! Finance]Yahoo! Finance
- GXS Bank Achieves Remarkable Onboarding Efficiency Using FICO Platform [Yahoo! Finance]Yahoo! Finance
- Grab Holdings Limited (GRAB) is Attracting Investor Attention: Here is What You Should Know [Yahoo! Finance]Yahoo! Finance
GRAB
Earnings
- 5/15/24 - Miss
GRAB
Sec Filings
- 6/17/24 - Form 144
- 6/17/24 - Form 144
- 6/4/24 - Form 144
- GRAB's page on the SEC website