New York, Feb 13, 2026, 07:45 EST — Premarket
- Shares of Grab ticked up roughly 0.6% before the bell.
- A $500 million buyback was unveiled as the company posted its latest results
- Grab’s buying U.S. investing platform Stash, with the deal’s initial value landing at $425 million.
Grab Holdings Limited edged up 0.6% to $4.27 ahead of Friday’s open, with the stock finding its footing as the market worked through a tempered 2026 revenue forecast alongside news of a new buyback program.
Southeast Asia’s ride-hailing and delivery player is out to prove it can hold on to growth—and profits—without resorting to heftier discounts for customers. Investors have been quick to react to its guidance, with shares swinging as questions surface about softening demand in the region.
Grab on Wednesday projected 2026 revenue in the range of $4.04 billion to $4.10 billion, coming up short of the $4.13 billion consensus among analysts. The company pointed to cautious consumer spending in Southeast Asia, with inflation still a factor in several markets. “We’re going to continue to make our rides affordable,” chief financial officer Peter Oey told Reuters, emphasizing Grab’s pricing strategy. Reuters
Grab posted a 19% jump in fourth-quarter revenue to $906 million, with profit for the period landing at $153 million. That pushed its total profit for 2025 to $200 million. The board has signed off on a $500 million share buyback plan. According to the company, repurchases could take place on the open market or via privately negotiated agreements, drawing on surplus cash. For 2026, Grab is projecting adjusted EBITDA—excluding interest, taxes, and certain non-cash items—of $700 million to $720 million.
Grab has agreed to acquire Stash Financial, a U.S.-based digital investing platform, taking an initial 50.1% stake at close, valuing the deal at $425 million enterprise-wise. The rest of Stash will be picked up over the next three years, according to the company. “A milestone” for Grab’s financial services ambitions, CEO Anthony Tan said. Stash co-CEO Brandon Krieg pitched the deal as delivering “the best of both worlds” for the firm, which will keep running as an independent U.S. brand. Grab
Uber Technologies traded flat early Friday, as shares of DoorDash dropped over 8% in premarket action. Across the broader mobility and delivery sector, results were mixed.
Even so, the buyback news won’t carry much weight if the company ends up increasing incentive spending just to hold onto market share—or if softer consumer demand starts to dent ride and food order numbers. The Stash deal, for its part, still faces regulatory hurdles that could drag out the process and muddy the terms.
Investors want details: How fast will the buyback get going, and can Grab defend its margins without losing ground on pricing? If it looks like heavy discounting is creeping back as a permanent fixture, expect disappointment.
Traders head into the regular session wondering if this week’s guidance reset was just a blip—or the first sign of slower growth that could linger.
Now it’s about execution. Grab is aiming to complete the Stash deal in the third quarter of 2026. Investors are likely to be looking for news on regulatory signoff and integration steps long before that date arrives.
