{
  "id": 9755615,
  "title": "BofA cuts Grab stock price target on valuation, keeps buy rating",
  "url": "https://urgent.news/2026/09/25/bofa-cuts-grab-stock-price-target-on-valuation-keeps-buy-rating",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-25T11:15:02.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/analyst-ratings/bofa-cuts-grab-stock-price-target-on-valuation-keeps-buy-rating-93CH-4917279"
  },
  "original_language": "en",
  "account": "BofA Securities has reduced its price target for Grab Holdings Inc. (GRAB) from $4.90 to $4.50 while retaining a Buy rating for the stock. GRAB's shares are currently trading at $3.11. The company is benefiting from strong momentum in its food delivery and mobility sectors, even with high fuel prices. Analysts project that this momentum will continue into the fourth quarter, fueled by seasonal tourism. Competition in both the food delivery and mobility markets has stabilized over the past six to nine months, with no major new entrants showing aggressive growth. If fuel costs rise in Indonesia, Grab may increase its delivery fees for users and lower incentives for drivers to offset the impact. Despite operating in multiple markets, Grab has the flexibility to manage any potential downsides in Indonesia. The company's profitability has improved in Indonesia as consumer incentives have decreased, with a gross profit margin of 40% in the past year and revenue growing 21% year-over-year. According to InvestingPro analysis, GRAB is slightly undervalued at current prices. The instant and quick-commerce market in Southeast Asia remains small, and Grab sees no significant risk of increased competition. In recent news, Grab reported strong Q2 results, surpassing analyst expectations with adjusted earnings per share at $0.06 and revenue up 22% year-over-year to $997 million. The company also announced a $750 million share repurchase program and increased its 2026 guidance. Grab has acquired a 60% stake in Atome Financial for $1.49 billion to strengthen its financial services position. StoneX maintains a Buy rating with a $7 price target, while Macquarie raised its target to $5.55, citing positive margins and growth in mobility. In Vietnam, Grab's pricing and commission policies are under review by the competition authority due to a planned driver boycott. CEO Anthony Ping Yeow Tan recently purchased 10.35 million Class A Ordinary Shares, worth approximately $29.9 million, demonstrating his confidence in the company's future.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}