We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Grab Holdings Limited (GRAB) Stock Drops Despite Market Gains: Important Facts to Note
Read MoreHide Full Article
In the latest trading session, Grab Holdings Limited (GRAB - Free Report) closed at $2.87, marking a -2.38% move from the previous day. This change lagged the S&P 500's 0.41% gain on the day. Meanwhile, the Dow experienced a drop of 0.07%, and the technology-dominated Nasdaq saw an increase of 1.11%.
Shares of the company witnessed a gain of 5.19% over the previous month, beating the performance of the Computer and Technology sector with its loss of 0.92%, and the S&P 500's gain of 1.46%.
Market participants will be closely following the financial results of Grab Holdings Limited in its upcoming release. The company plans to announce its earnings on November 2, 2026. The company is predicted to post an EPS of $0.02, indicating a 100% growth compared to the equivalent quarter last year. At the same time, our most recent consensus estimate is projecting a revenue of $1.07 billion, reflecting a 22.94% rise from the equivalent quarter last year.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $0.14 per share and a revenue of $4.22 billion, signifying shifts of +133.33% and +25.3%, respectively, from the last year.
Investors should also pay attention to any latest changes in analyst estimates for Grab Holdings Limited. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 9.62% higher within the past month. Grab Holdings Limited is currently sporting a Zacks Rank of #3 (Hold).
In terms of valuation, Grab Holdings Limited is currently trading at a Forward P/E ratio of 20.63. Its industry sports an average Forward P/E of 20.63, so one might conclude that Grab Holdings Limited is trading at no noticeable deviation comparatively.
We can also see that GRAB currently has a PEG ratio of 0.52. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. The Internet - Software industry currently had an average PEG ratio of 1.22 as of yesterday's close.
The Internet - Software industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 77, putting it in the top 32% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
View the Zacks #1 Rank List
Image: Bigstock
Grab Holdings Limited (GRAB) Stock Drops Despite Market Gains: Important Facts to Note
In the latest trading session, Grab Holdings Limited (GRAB - Free Report) closed at $2.87, marking a -2.38% move from the previous day. This change lagged the S&P 500's 0.41% gain on the day. Meanwhile, the Dow experienced a drop of 0.07%, and the technology-dominated Nasdaq saw an increase of 1.11%.
Shares of the company witnessed a gain of 5.19% over the previous month, beating the performance of the Computer and Technology sector with its loss of 0.92%, and the S&P 500's gain of 1.46%.
Market participants will be closely following the financial results of Grab Holdings Limited in its upcoming release. The company plans to announce its earnings on November 2, 2026. The company is predicted to post an EPS of $0.02, indicating a 100% growth compared to the equivalent quarter last year. At the same time, our most recent consensus estimate is projecting a revenue of $1.07 billion, reflecting a 22.94% rise from the equivalent quarter last year.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $0.14 per share and a revenue of $4.22 billion, signifying shifts of +133.33% and +25.3%, respectively, from the last year.
Investors should also pay attention to any latest changes in analyst estimates for Grab Holdings Limited. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 9.62% higher within the past month. Grab Holdings Limited is currently sporting a Zacks Rank of #3 (Hold).
In terms of valuation, Grab Holdings Limited is currently trading at a Forward P/E ratio of 20.63. Its industry sports an average Forward P/E of 20.63, so one might conclude that Grab Holdings Limited is trading at no noticeable deviation comparatively.
We can also see that GRAB currently has a PEG ratio of 0.52. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. The Internet - Software industry currently had an average PEG ratio of 1.22 as of yesterday's close.
The Internet - Software industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 77, putting it in the top 32% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.