Wall Street analysts have unanimously rated Grab (GRAB) as a "Buy," with an average price target of $5.86, implying a 58% upside, despite the stock being near its 52-week low.
Grab Holdings (Nasdaq: GRAB) is currently trading near its 52-week low, yet all 26 analysts covering the stock have issued a "buy" rating, with an average price target of $5.86, implying a potential upside of over 58% in the next 12 months. Although the company's Q2 earnings report appeared strong, with revenue increasing 21.73% year-over-year to $997 million and net profit soaring to $235 million, it included a one-time gain of $307 million from the merger of Indonesian digital bank Superbank. The stock has fallen over 26% year-to-date and nearly 23% over the past year, with ongoing insider selling. Analysts' bullish stance is primarily based on the emergence of operating leverage, strong growth in the financial services segment (revenue up 59%, loan portfolio up 197%), and a board-authorized $750 million share repurchase program. Management expects the financial services business to achieve adjusted EBITDA profitability in the second half of 2026.
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