Grab Announces $500 Million Share Buyback Amid Earnings Miss
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 23 2024
0mins
Should l Buy GRAB?
Grab Holdings Ltd's shares rose by 5.04% as it crossed above the 20-day SMA, despite reporting a revenue forecast that missed Wall Street expectations.
The company anticipates fiscal 2026 revenue between $4.04 billion and $4.10 billion, falling short of the $4.13 billion expectation, which reflects a slowdown in its core ride-hailing and delivery businesses. However, Grab announced a $500 million share buyback program aimed at boosting investor confidence and enhancing shareholder value, which is expected to support the stock price amid these challenges.
The market's reaction to the share buyback indicates a potential rebound in investor sentiment, as Grab also plans to acquire Stash Financial for $425 million, further expanding its financial services offerings.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy GRAB?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on GRAB
Wall Street analysts forecast GRAB stock price to rise
11 Analyst Rating
10 Buy
1 Hold
0 Sell
Strong Buy
Current: 3.790
Low
6.30
Averages
7.05
High
8.00
Current: 3.790
Low
6.30
Averages
7.05
High
8.00
About GRAB
Grab Holdings Limited is a superapp in Southeast Asia, operating across the deliveries, mobility and digital financial services sectors. Its deliveries platform connects its driver and merchant partners with consumers to create a local logistics platform, facilitating on-demand and scheduled delivery of daily necessities. It operates supermarkets in Malaysia under Jaya Grocer and Everrise. Its mobility offerings connect its driver-partners with consumers seeking rides across a variety of multi-modal mobility options including private cars, taxis, motorcycles in certain countries, and shared mobility options such as carpooling in selected markets. Its financial services offerings include digital solutions offered by and with its partners to address the financial needs of driver- and merchant-partners and consumers. GrabMaps is its mapping and location-based service. It serves countries such as Cambodia, Indonesia, Malaysia, Myanmar, Philippines, Singapore, Thailand, and Vietnam.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Uber's Q1 Earnings Miss Estimates but Guidance Surpasses Expectations
- Earnings Performance: Uber reported Q1 revenue of $13.2 billion, missing the market expectation of $13.29 billion, with earnings per share at 13 cents, significantly below the expected 70 cents, indicating challenges in a complex macro environment.
- Net Income Decline: Due to the revaluation of equity investments, Uber's net income fell from $1.78 billion a year ago to $263 million, reflecting the pressure of market volatility on the company's profitability.
- Delivery Segment Growth: Uber's delivery segment achieved a 34% revenue growth to $5.07 billion, surpassing analyst expectations of $4.89 billion, demonstrating strong performance in Australia, Japan, and the UK.
- Optimistic Future Guidance: Uber expects total bookings for Q2 to range between $56.25 billion and $57.75 billion, exceeding the consensus estimate of $56.17 billion, indicating a positive outlook for future growth.
See More
Uber Reports 14% Revenue Growth in Q1, Exceeds Booking Guidance
- Revenue Growth: Uber reported first-quarter revenue of $13.2 billion, reflecting a 14% year-over-year increase, although it fell short of analysts' expectations of $13.29 billion, indicating resilience amid a complex macroeconomic backdrop.
- Booking Guidance Exceeds Expectations: The company anticipates gross bookings for the current quarter to reach between $56.25 billion and $57.75 billion, surpassing the consensus estimate of $56.17 billion, highlighting strong market demand.
- Delivery Segment Performance: Uber's delivery segment achieved a remarkable 34% revenue growth, totaling $5.07 billion, exceeding the average analyst estimate of $4.89 billion, driven by robust performance in markets like Australia, Japan, and the UK.
- Net Income Impact: Due to the revaluation of equity investments, Uber's net income fell to $263 million in the first quarter, down significantly from $1.78 billion a year earlier, reflecting the financial pressures from market volatility.
See More
Grab Reports Q1 2026 Earnings with Strong Revenue Growth
- Revenue Beats Expectations: Grab reported Q1 2026 revenue of $955 million, exceeding market expectations by $34.76 million, indicating strong performance and growth potential in the competitive landscape.
- Significant GMV Growth: The On-Demand Gross Merchandise Value (GMV) for Q1 2026 grew 24% year-over-year to $6.1 billion, demonstrating Grab's success in enhancing user demand and expanding market share.
- Substantial EBITDA Increase: Adjusted EBITDA for Q1 2026 rose 46% year-over-year to $154 million, reflecting the company's successful cost control and operational efficiency, which further strengthens its profitability.
- Robust Free Cash Flow: Grab achieved an adjusted free cash flow of $489 million on a trailing twelve months basis, showcasing its strong cash generation capabilities, which provide ample funding for future investments and expansion.
See More
GRAB HOLDINGS: EXPECTED TO ACHIEVE 2026 REVENUE TARGET OF $4.04 BILLION TO $4.10 BILLION, WITH ADJUSTED EBITDA PROJECTION OF $700 MILLION TO $720 MILLION
- Revenue Guidance: Grab Holdings has provided revenue guidance for 2026, estimating between $4.04 billion and $4.10 billion.
- Adjusted EBITDA Guidance: The company also adjusted its EBITDA guidance, projecting figures between $700 million and $720 million.
See More
GRAB HOLDINGS REPORTS $120 MILLION PROFIT FOR Q1 2026
- Financial Performance: Grab Holdings reported a profit of $120 million for the first quarter of 2026.
- Growth Indicators: This profit marks a significant milestone for the company, indicating positive growth trends in its operations.
See More
GRAB HOLDINGS: ON-DEMAND GMV IN Q1 2026 INCREASED 24% YEAR-OVER-YEAR, REACHING $6.1 BILLION
Company Overview: Grab Holdings reported a significant growth in its on-demand GMV (Gross Merchandise Value) for Q1 2026.
Financial Performance: The GMV grew by 24% year-over-year, reaching a total of $6.1 billion.
See More
Uber's Q1 Earnings Miss Estimates but Guidance Surpasses Expectations
- Earnings Performance: Uber reported Q1 revenue of $13.2 billion, missing the market expectation of $13.29 billion, with earnings per share at 13 cents, significantly below the expected 70 cents, indicating challenges in a complex macro environment.
- Net Income Decline: Due to the revaluation of equity investments, Uber's net income fell from $1.78 billion a year ago to $263 million, reflecting the pressure of market volatility on the company's profitability.
- Delivery Segment Growth: Uber's delivery segment achieved a 34% revenue growth to $5.07 billion, surpassing analyst expectations of $4.89 billion, demonstrating strong performance in Australia, Japan, and the UK.
- Optimistic Future Guidance: Uber expects total bookings for Q2 to range between $56.25 billion and $57.75 billion, exceeding the consensus estimate of $56.17 billion, indicating a positive outlook for future growth.
See More
Uber Reports 14% Revenue Growth in Q1, Exceeds Booking Guidance
- Revenue Growth: Uber reported first-quarter revenue of $13.2 billion, reflecting a 14% year-over-year increase, although it fell short of analysts' expectations of $13.29 billion, indicating resilience amid a complex macroeconomic backdrop.
- Booking Guidance Exceeds Expectations: The company anticipates gross bookings for the current quarter to reach between $56.25 billion and $57.75 billion, surpassing the consensus estimate of $56.17 billion, highlighting strong market demand.
- Delivery Segment Performance: Uber's delivery segment achieved a remarkable 34% revenue growth, totaling $5.07 billion, exceeding the average analyst estimate of $4.89 billion, driven by robust performance in markets like Australia, Japan, and the UK.
- Net Income Impact: Due to the revaluation of equity investments, Uber's net income fell to $263 million in the first quarter, down significantly from $1.78 billion a year earlier, reflecting the financial pressures from market volatility.
See More
Grab Reports Q1 2026 Earnings with Strong Revenue Growth
- Revenue Beats Expectations: Grab reported Q1 2026 revenue of $955 million, exceeding market expectations by $34.76 million, indicating strong performance and growth potential in the competitive landscape.
- Significant GMV Growth: The On-Demand Gross Merchandise Value (GMV) for Q1 2026 grew 24% year-over-year to $6.1 billion, demonstrating Grab's success in enhancing user demand and expanding market share.
- Substantial EBITDA Increase: Adjusted EBITDA for Q1 2026 rose 46% year-over-year to $154 million, reflecting the company's successful cost control and operational efficiency, which further strengthens its profitability.
- Robust Free Cash Flow: Grab achieved an adjusted free cash flow of $489 million on a trailing twelve months basis, showcasing its strong cash generation capabilities, which provide ample funding for future investments and expansion.
See More
GRAB HOLDINGS: EXPECTED TO ACHIEVE 2026 REVENUE TARGET OF $4.04 BILLION TO $4.10 BILLION, WITH ADJUSTED EBITDA PROJECTION OF $700 MILLION TO $720 MILLION
- Revenue Guidance: Grab Holdings has provided revenue guidance for 2026, estimating between $4.04 billion and $4.10 billion.
- Adjusted EBITDA Guidance: The company also adjusted its EBITDA guidance, projecting figures between $700 million and $720 million.
See More
GRAB HOLDINGS REPORTS $120 MILLION PROFIT FOR Q1 2026
- Financial Performance: Grab Holdings reported a profit of $120 million for the first quarter of 2026.
- Growth Indicators: This profit marks a significant milestone for the company, indicating positive growth trends in its operations.
See More
GRAB HOLDINGS: ON-DEMAND GMV IN Q1 2026 INCREASED 24% YEAR-OVER-YEAR, REACHING $6.1 BILLION
Company Overview: Grab Holdings reported a significant growth in its on-demand GMV (Gross Merchandise Value) for Q1 2026.
Financial Performance: The GMV grew by 24% year-over-year, reaching a total of $6.1 billion.
See More
