Here’s What BofA Securities Thinks About Grab Holdings Ltd (GRAB)

1 week ago 8

Abdul Rahman

Wed, April 22, 2026 astatine 6:26 AM CDT 2 min read

Grab Holdings Ltd (NASDAQ:GRAB) is among the must-buy penny stocks to put successful now. Despite precocious substance prices presenting headwinds for Grab Holdings Ltd (NASDAQ:GRAB), BofA Securities sees a favorable risk-reward successful the stock. On April 17, BofA reaffirmed its Buy standing and $6.20 terms people connected Grab stock.

Here’s What BofA Securities Thinks About Grab Holdings Ltd (GRAB)

Here’s What BofA Securities Thinks About Grab Holdings Ltd (GRAB)

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Grab, a superapp operator, plans to clasp a league telephone connected May 4 to sermon its Q1 2026 results. BofA expects the telephone to absorption heavy connected the interaction connected user request and costs owed to higher substance prices.

The steadfast notes that Grab has accrued substance supercharge temporarily successful Singapore for the play betwixt April 7 and May 31. It says that Grab whitethorn present surcharges successful its different markets if the higher substance prices persist for a longer period. So far, however, BofA has noted that retail checks amusement that the accrued supercharge successful home has not had a notable deed connected demand.

Beyond managing the spike successful substance prices, Grab is moving to bolster its concern and instrumentality much currency to shareholders. On March 24, the institution said it plans to repurchase $400 cardinal shares of its ain banal implicit the adjacent 4 months. It said that this accelerated repurchase program was portion of the $500 cardinal buyback programme that its committee approved successful February.

According to the management, the repurchase program demonstrates assurance successful Grab’s fiscal spot and semipermanent outlook. Meanwhile, Grab is successful the process of expanding its concern successful Taiwan with the acquisition of Delivery Hero’s nutrient transportation cognition successful the country. It announced connected March 23 that it would get the concern for $600 cardinal successful cash, and the transaction is expected to adjacent successful Q2 2026.

Grab Holdings Ltd (NASDAQ:GRAB) operates a superapp that connects providers to consumers for a wide array of services. The level is utilized for things similar ride-hailing, nutrient delivery, and integer fiscal services. Grab Holdings does concern successful aggregate countries but is headquartered successful Singapore.

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