Grab Holdings' 2026 revenue forecast misses Wall Street targets

Grab Holdings

12/02/2026 10:51

** Singaporean tech company Grab Holdings GRAB.O forecast fiscal 2026 revenue below Wall Street expectations on Wednesday, signaling slower momentum in the tech firm's core businesses of ride hailing and deliveries as consumers grapple with economic uncertainty

** J.P. Morgan maintains an "overweight" stance on the stock, believes guidance could prove to be conservative, and recommends accumulating on weakness

** Shares of co marginally up at $4.25 in premarket

** "Rising monthly transacting users (MTUs) are a leading indicator of platform growth, and on-demand earnings should see strong growth; however, GRAB will need to manage credit costs as it grows its loan book" - brokerage

** Co reported fourth-quarter revenue of $906 million, missing estimates of $940.7 million

** 25 analysts rate the stock "buy" on average; median PT is $6.9 - data compiled by LSEG

** As of last close, GRAB is down ~11% in the past 12 months

 (Reporting by Akriti Shah in Bengaluru)

 ((akriti.shah@thomsonreuters.com))