--- title: "Grab Reports Strong Q1 Profit Growth But Stock Edges Lower" type: "News" locale: "en" url: "https://longbridge.com/en/news/285230701.md" description: "Grab Holdings Limited reported strong Q1 earnings with a 24% revenue increase to $955 million and a profit of $120 million, up from $10 million a year earlier. Despite this, its stock edged lower, trading 21% below its 200-day SMA. The company maintained its 2026 revenue guidance of $4.04 billion to $4.10 billion. Analysts have a Buy rating on the stock, with a price target averaging $6.28. Upcoming earnings report is expected on July 29, 2026, with an EPS estimate of 2 cents." datetime: "2026-05-05T15:03:35.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/285230701.md) - [en](https://longbridge.com/en/news/285230701.md) - [zh-HK](https://longbridge.com/zh-HK/news/285230701.md) generator: "portal-rs" --- # Grab Reports Strong Q1 Profit Growth But Stock Edges Lower **Grab Holdings Limited** (NASDAQ:GRAB) shares edged lower on Tuesday after reporting a profitable start to 2026 and reaffirming full-year guidance. Southeast Asia's so-called “superapp” posted first-quarter revenue of $955 million. That’s up 24% year over year, or 19% on a constant-currency basis. Analyst comparisons were not provided. GAAP basic EPS was 3 cents, while diluted EPS was a loss of 1 cent. Adjusted EBITDA rose 46% to $154 million, with margin improving to 16.2% from 13.7%. ## **Profitability And Platform Metrics** Profit for the period increased to $120 million from $10 million a year earlier. Operating profit was $22 million versus a $21 million loss last year. On-Demand GMV grew 24% to $6.1 billion, and Group MTUs rose 16% to 51.6 million. ## **CEO Commentary** "We had a strong start to 2026. Typically the first quarter is our seasonally softest quarter, however our On-Demand GMV growth accelerated to 24% year-over-year (“YoY"), or 21% YoY on a constant currency basis2, marking another quarter of record profitability," CEO **Anthony Tan** said. ## **Segment Performance** Deliveries revenue rose 23% to $510 million, GMV increased 25% to $3.91 billion, and EBITDA grew 40% to $88 million (2.3% margin). Mobility revenue climbed 19% to $337 million, GMV rose 23% to $2.22 billion, and EBITDA increased 24% to $198 million. Financial Services revenue jumped 43% to $107 million, with the loan portfolio up 130% to $1.44 billion and EBITDA improving to negative $17 million. ## **Cash Flow And Outlook** Net cash used in operating activities was $59 million. Adjusted free cash flow was $98 million, with trailing 12-month Adjusted Free Cash Flow at $489 million. Cash stood at $2.95 billion, with total borrowings of $1.95 billion. Grab maintained 2026 revenue guidance of $4.04 billion to $4.10 billion and Adjusted EBITDA guidance of $700 million to $720 million. ## Critical Levels To Watch For GRAB Stock Grab remains in a longer-term downtrend, trading 21% below its 200-day SMA and 9.5% below its 100-day SMA. This keeps overhead supply in focus despite recent price action. Near-term momentum is improving, with price above 20-day and 50-day SMAs and a bullish crossover Momentum remains uncertain, with MACD below its signal line and a negative histogram signaling cooling upside pressure. This indicates the recent upswing is losing strength and may struggle without renewed buying interest. - **Key Resistance**: $3.94 — near the 50-day EMA, a common "decision" level when price is trying to transition from bounce to trend - **Key Support**: $3.86 — aligns with both the 20-day and 50-day SMAs, making it an immediate trend-defining area ## Grab Holdings Earnings Preview for July 2026 Looking further out, the next major catalyst for the stock arrives with the July 29, 2026 (estimated) earnings report. - **EPS Estimate**: 2 cents (Up from 1 cent YoY) - **Revenue Estimate**: 99 cents Billion (Up from 82 cents Billion YoY) - **Valuation**: P/E of 60.3x (Indicates premium valuation relative to peers) **Analyst Consensus & Recent Actions:** The stock carries a Buy rating with an average price target of $6.28. Recent analyst moves include: - **Mizuho**: Outperform (Lowers Target to $6.00) (May 5) - **JP Morgan**: Overweight (Lowers Target to $5.90) (April 20) - **HSBC**: Upgraded to Buy (Target $6.20) (Jan. 16) **GRAB Stock Price Activity:** Grab Holdings shares were up 6.89% at $3.87 during premarket trading on Tuesday, according to Benzinga Pro data. *Photo by Piotr Swat via Shutterstock* ### Related Stocks - [GRAB.US](https://longbridge.com/en/quote/GRAB.US.md) - [MFG.US](https://longbridge.com/en/quote/MFG.US.md) - [8411.JP](https://longbridge.com/en/quote/8411.JP.md) - [JPM.US](https://longbridge.com/en/quote/JPM.US.md) - [HSBC.US](https://longbridge.com/en/quote/HSBC.US.md) - [HSBA.UK](https://longbridge.com/en/quote/HSBA.UK.md) - [00005.HK](https://longbridge.com/en/quote/00005.HK.md) - [GRABW.US](https://longbridge.com/en/quote/GRABW.US.md) - [JPM-M.US](https://longbridge.com/en/quote/JPM-M.US.md) - [JPM-C.US](https://longbridge.com/en/quote/JPM-C.US.md) - [JPM-D.US](https://longbridge.com/en/quote/JPM-D.US.md) - [JPM-L.US](https://longbridge.com/en/quote/JPM-L.US.md) - [8634.JP](https://longbridge.com/en/quote/8634.JP.md) - [JPM-K.US](https://longbridge.com/en/quote/JPM-K.US.md) - [JPM-J.US](https://longbridge.com/en/quote/JPM-J.US.md) - [DTIW.SG](https://longbridge.com/en/quote/DTIW.SG.md) ## Related News & Research - [Micron Technology, Inc. $MU Stock Sold by Focused Wealth Management Inc](https://longbridge.com/en/news/304416366.md) - [Tesla, Inc. $TSLA Shares Bought by 3Chopt Investment Partners LLC](https://longbridge.com/en/news/304415329.md) - [Li Ning Declares Special Dividend of RMB 2.32 Per Share](https://longbridge.com/en/news/304415504.md) - [Applied Optoelectronics Secures $200 Million Credit Facility With East West Bank as Agent](https://longbridge.com/en/news/304350245.md) - [Unity Software Q3 revenue rises 32%, beats estimates](https://longbridge.com/en/news/304451259.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**