StocksMedium•30 June 2026•
1 min read

Morgan Stanley raises Grab Holdings price target to $6.25 on financial services growth

Key Facts

1Morgan Stanley maintained an 'Overweight' rating on Grab Holdings and raised its price target to $6.25 from $5.90.
2The average brokerage recommendation for Grab Holdings is 1.26 on a scale of 1 (Strong Buy) to 5, based on 17 analysts.
3Grab Holdings reported 22% revenue growth and 582% forward EPS growth.
4The financial services division grew revenue 43% year-over-year to $107 million, and total loans disbursed increased 67% to $1.1 billion.

In 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. 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.