Grab (NASDAQ:GRAB) Stock Price Down 2.4% – Here’s What Happened

Posted by George Bondi on Oct 19th, 2026

Grab Holdings Limited (NASDAQ:GRAB – Get Free Report)’s stock price fell 2.4% during trading on Monday. The company traded as low as $2.86 and last traded at $2.87. 39,206,800 shares changed hands during mid-day trading, a decline of 26% from the average daily volume of 52,783,430 shares. The stock had previously closed at $2.94.

Analysts Set New Price Targets

Several brokerages have issued reports on GRAB. Weiss Ratings lowered Grab from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Monday, August 17th. Benchmark reaffirmed a “buy” rating on shares of Grab in a research report on Tuesday, August 4th. Zacks Research upgraded Grab from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, October 6th. Bank of America reissued a “buy” rating on shares of Grab in a report on Friday, September 25th. Finally, Morgan Stanley reaffirmed an “overweight” rating and set a $6.25 price objective on shares of Grab in a report on Tuesday, June 30th. Two investment analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Buy” and a consensus target price of $6.01.

Get Our Latest Analysis on Grab

Grab Trading Down 2.4%

The firm has a 50 day simple moving average of $3.26 and a 200 day simple moving average of $3.51. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.51 and a current ratio of 1.52. The firm has a market cap of $11.76 billion, a P/E ratio of 47.84, a P/E/G ratio of 0.52 and a beta of 0.91.

Grab (NASDAQ:GRAB – Get Free Report) last announced its quarterly earnings results on Tuesday, August 4th. The company reported $0.06 earnings per share for the quarter, beating the consensus estimate of $0.05 by $0.01. Grab had a return on equity of 8.83% and a net margin of 15.97%. The firm had revenue of $997.00 million for the quarter, compared to analysts’ expectations of $994.97 million. On average, equities research analysts predict that Grab Holdings Limited will post 0.14 EPS for the current fiscal year.

Insiders Place Their Bets

In other Grab news, insider Chin Ong sold 38,000 shares of the stock in a transaction that occurred on Monday, October 5th. The shares were sold at an average price of $3.09, for a total value of $117,420.00. Following the sale, the insider directly owned 3,594,611 shares in the company, valued at $11,107,347.99. This represents a 1.05% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Peter Henry Oey sold 50,000 shares of the business’s stock in a transaction on Tuesday, September 15th. The shares were sold at an average price of $2.90, for a total transaction of $145,000.00. Following the transaction, the chief financial officer owned 6,803,470 shares of the company’s stock, valued at $19,730,063. This trade represents a 0.73% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 819,349 shares of company stock worth $2,865,355. Company insiders own 3.60% of the company’s stock.

Institutional Trading of Grab

Several institutional investors and hedge funds have recently modified their holdings of the business. Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new stake in shares of Grab in the 4th quarter worth approximately $25,000. Montag A & Associates Inc. bought a new position in shares of Grab during the 1st quarter valued at $27,000. Fermata Advisors LLC bought a new position in shares of Grab during the 3rd quarter valued at $31,000. Strategic Global Advisors LLC bought a new position in shares of Grab during the 2nd quarter valued at $41,000. Finally, NewEdge Wealth LLC purchased a new position in Grab in the 1st quarter worth $42,000. Hedge funds and other institutional investors own 55.52% of the company’s stock.

About Grab

(Get Free Report)

Grab Holdings Inc (NASDAQ:GRAB) is a technology company that operates a superapp serving consumers, drivers, merchants and businesses across Southeast Asia. The company began as a ride-hailing service in Malaysia in 2012 and is headquartered in Singapore.

Grab’s platform provides mobility services, including ride-hailing, taxi bookings and other transportation options. It also offers food, grocery and package deliveries, connecting users with restaurants, retailers and delivery partners through its digital marketplace.

In addition, Grab provides digital financial services in selected markets, including payments, consumer and merchant lending, digital banking and insurance-related products.