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Sign InIn Southeast Asia's super-app market, Grab Holdings continues to draw analyst confidence. According to analyst reports, Morgan Stanley raised its price target to $6.25 from $5.90 while maintaining an Overweight rating. The average brokerage recommendation stands at 1.26 on a 1–5 scale (1 being Strong Buy) based on 17 analysts, supported by 22% revenue growth and a 582% jump in forward EPS.
The financial services division stands out as a key growth driver, with revenue rising 43% year-over-year to $107 million and total loans disbursed up 67% to $1.1 billion, per analyst data. Meanwhile, GRAB shares closed at $3.74 on June 29, well below the target price. This comes against a backdrop of strong U.S. economic data, with GDP growing 2.1% in the first quarter, which may boost risk appetite for emerging-market stocks.
At $3.74, the stock still trades at a significant discount to the $6.25 target, leaving room for upside. Investors await second-quarter results from Grab, focusing on continued growth in financial services and loan book expansion. Any positive macro signals, such as easing inflation data or accommodative monetary policy, could further support the stock's upward trajectory.