Grab Holdings Ltd (GRAB, Financial) is set to release its Q3 2024 earnings on Nov 11, 2024. The consensus estimate for Q3 2024 revenue is $692.88 million, and the earnings are expected to come in at -$0.01 per share. The full year 2024's revenue is expected to be $2.75 billion and the earnings are expected to be -$0.04 per share. More detailed estimate data can be found on the Forecast page.
Grab Holdings Ltd (GRAB, Financial) Estimates Trends
Over the past 90 days, revenue estimates for Grab Holdings Ltd (GRAB) for the full year 2024 have decreased from $2.77 billion to $2.75 billion, and for 2025, estimates have declined from $3.24 billion to $3.21 billion. Earnings estimates for the full year 2024 have also been revised downward from -$0.02 per share to -$0.04 per share, and for 2025, from $0.06 per share to $0.03 per share.
Grab Holdings Ltd (GRAB, Financial) Reported History
In the previous quarter of 2024-06-30, Grab Holdings Ltd's (GRAB) actual revenue was $664 million, which missed analysts' revenue expectations of $673.25 million by -1.37%. Grab Holdings Ltd's (GRAB) actual earnings were -$0.01 per share, which met analysts' earnings expectations. After releasing the results, Grab Holdings Ltd (GRAB) was down by -7.42% in one day.
Grab Holdings Ltd (GRAB, Financial) 12 Month Price Targets
Based on the one-year price targets offered by 23 analysts, the average target price for Grab Holdings Ltd (GRAB) is $4.59 with a high estimate of $6 and a low estimate of $3.50. The average target implies an upside of 7.46% from the current price of $4.27.
Based on GuruFocus estimates, the estimated GF Value for Grab Holdings Ltd (GRAB, Financial) in one year is $6.42, suggesting an upside of 50.35% from the current price of $4.27.
Based on the consensus recommendation from 25 brokerage firms, Grab Holdings Ltd's (GRAB, Financial) average brokerage recommendation is currently 1.8, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
