Maybank sets USD 4.42 target for Grab stock, 50.34 percent above price

Published on 10/17/2026 at 21:54 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q2 2026 revenue reached USD 997.00 million, up 22.00 percent. Grab stock costs USD 2.94 on October 16, 2026, down 2.00 percent versus the Nasdaq close.

Analyst view and trading date

Maybank maintained a Buy rating and set a USD 4.42 target on October 14, 2026.
Second-quarter 2026 revenue reached USD 997.00 million, up 22.00 percent.
Grab stock closed at USD 2.94 on October 16, 2026, down 2.00 percent versus the Nasdaq close of October 15, 2026.
Grab is scheduled to report third-quarter 2026 results on November 2, 2026, with expected revenue of USD 1.05 billion.

GRAB, KYG4124C1096, Illustration mit AI erstellt.

Maybank maintained a Buy rating and set a USD 4.42 price target for Grab on October 14, 2026, putting the target 50.34 percent above the USD 2.94 Nasdaq close used for this report. According to Markets Insider, Citi also maintained a Buy rating with a USD 5.50 target on October 14, 2026. Grab closed at USD 2.94 on Nasdaq on October 16, 2026 at 4:00 p.m. ET, down 2.00 percent from the prior close of USD 3.00.

Revenue growth meets a higher bar

Grab generated USD 997.00 million of revenue in the second quarter of 2026, an increase of 22.00 percent from the year-earlier period. On-demand gross merchandise volume rose 21.00 percent to USD 6.50 billion, while adjusted EBITDA advanced 54.00 percent to USD 168.00 million, according to Yahoo Finance.

Reported profit of USD 235.00 million included a USD 307.00 million Superbank consolidation gain. Operating profit was USD 19.00 million, while adjusted free cash flow fell to USD 73.00 million from USD 112.00 million a year earlier, making cash conversion an important counterweight to the revenue growth.

Nasdaq price position

Grab's October 16, 2026 session opened at USD 3.02, reached USD 3.02 at its high and touched USD 2.90 at its low. Trading volume was 52,000,000 shares, compared with an average of 57,900,000 shares.

The USD 2.94 close stood within a 52-week range of USD 2.74 to USD 6.24. The market capitalization was USD 11.7 billion, and the price-to-earnings ratio was 21.23.

Comparison with peers

Grab (Nasdaq, USD): minus 2.00 percent, price-to-earnings ratio 21.23, market capitalization USD 11.7 billion.

Uber (NYSE, USD): minus 1.29 percent, price-to-earnings ratio 15.46, market capitalization USD 143.7 billion.

Lyft (Nasdaq, USD): minus 1.98 percent, price-to-earnings ratio 2.44, market capitalization USD 6.4 billion.

Next results arrive November 2

Grab is scheduled to report third-quarter 2026 results on November 2, 2026, after the market closes. MarketBeat lists expected third-quarter revenue of USD 1.05 billion and consensus earnings of USD 0.02 per share. The company operates a super-app spanning mobility, deliveries and financial services across Southeast Asia.

Trading ended at USD 2.94

Grab closed at USD 2.94 on Nasdaq on October 16, 2026 at 4:00 p.m. ET, down 2.00 percent versus the Nasdaq close of October 15, 2026 at USD 3.00. The next scheduled reporting date gives investors a concrete test for whether revenue growth is translating into recurring cash generation.