Grab Lifts 2026 Revenue Outlook to $4.15B on Strong Demand
GRAB sits 17% above its 52-week low of $3.18.
Summary
Grab raised its 2026 revenue forecast to $4.10B–$4.15B, up from $4.04B–$4.10B, citing stronger ride-hailing and delivery demand driven by promotions and platform expansion. The midpoint of $4.125B edges above the $4.12B analyst consensus. The company also lifted its FY26 adjusted EBITDA guidance to $720M–$740M. Second-quarter net income beat estimates, contributing to the improved earnings outlook. This follows strategic moves including the Stash Financial acquisition and Indonesia commission cuts, and comes amid ongoing insider selling under 10b5-1 plans.
Updates
· SEC 6-K — Q2 revenue was $997M, up 22% YoY; profit was $235M; adjusted EBITDA was $168M. Board authorized an additional $750M share repurchase, bringing cumulative authorization to $1.75B since 2024.
At the time of this announcement, GRAB was trading at $3.73 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $15B. The 52-week trading range was $3.18 to $6.62. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Reuters.