HSBC upgraded Grab Holdings Limited to Buy as Analyst Cites Attractive Valuation

Grab Holdings Limited (NASDAQ:GRAB) is one of the 11 Best Stocks to Buy for Investment.

On January 16, TheFly reported that HSBC upgraded Grab Holdings Limited (NASDAQ: GRAB) from Hold to Buy, with a price target of $6.20. Piyush Choudhary at HSBC raised the rating on GRAB, citing an attractive valuation following the recent selloff and lower Wall Street expectations, according to TheFly.

Choudhary believes that Grab Holdings Limited’s growth drivers are intact. As the company strengthens its leadership position, it will continue to roll out innovative and affordable products, the analyst added.

Over the past five days, GRAB shares have soared nearly 4.99%, as of writing on January 27. GRAB shares outperformed the market in today’s trading session, rising 2.85%, exceeding the S&P 500 index’s 0.41% and the Nasdaq’s 0.91% gains. Of the 30 analysts covering the stock, 28 rate it a Buy, with a median price target of $6.95. This indicates an upside potential of more than 46.50%. Ahead of its Q4 2025 earnings on February 12, investors have their eyes on GRAB shares. Wall Street expects the company to post an EPS of $0.01 during Q4 2025, which is lower than $0.02 from a year ago. The average estimate for the revenue is around $940.60 million, which indicates year-over-year growth of over 23%.

Grab Holdings Limited (NASDAQ:GRAB) provides superapps in Southeast Asia. The company operates across four segments: Deliveries, Mobility, Financial Services, and Others.

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Disclosure: None. This article is originally published at Insider Monkey.