New York, Feb 13, 2026, 07:45 EST — Premarket
- Grab shares were up about 0.6% in premarket trade
- The company rolled out a $500 million buyback alongside its latest results
- Grab also agreed to buy U.S. investing platform Stash in a deal initially valued at $425 million
Grab Holdings Limited shares were up 0.6% at $4.27 in premarket trade on Friday, steadying after investors digested a cautious 2026 revenue outlook and a fresh buyback plan.
The Southeast Asian ride-hailing and delivery firm is trying to thread a familiar needle: keep growth coming while showing it can stay profitable without throwing ever-larger discounts at riders and diners. The stock has been volatile around guidance as investors debate how much demand is slowing across the region.
Grab late Wednesday forecast 2026 revenue of $4.04 billion to $4.10 billion, below analysts’ average estimate of $4.13 billion, and flagged more selective consumer spending as inflation lingers in some Southeast Asian markets. Chief financial officer Peter Oey said the company would keep pricing keen: “We’re going to continue to make our rides affordable,” he told Reuters. (Reuters)
In its quarterly release, Grab said fourth-quarter revenue rose 19% to $906 million and profit for the period was $153 million, giving it a $200 million profit for 2025. The board authorised a $500 million share repurchase programme, which the company said could be executed through open-market purchases or privately negotiated deals and funded with excess cash; it also guided 2026 adjusted EBITDA — a profit proxy that strips out interest, tax and some non-cash items — at $700 million to $720 million. (Q4 Capital)
Grab also struck a deal to buy U.S. digital investing platform Stash Financial, paying for 50.1% at closing based on an enterprise value of $425 million and buying the remainder over three years, it said. Group CEO Anthony Tan called it “a milestone” for its financial services push, while Stash co-CEO Brandon Krieg said the tie-up gives the company “the best of both worlds” as it continues operating as a standalone U.S. brand. (Grab)
Moves in the wider mobility and delivery space were mixed early Friday, with Uber Technologies little changed while DoorDash fell more than 8% in premarket trade.
Still, the buyback headline will not matter much if incentive spending has to rise again to defend market share, or if weaker consumer demand drags down ride volumes and food orders. The Stash purchase also needs regulatory clearances, which can stretch timelines and complicate deal terms.
Investors will be looking for clues on how quickly the repurchase programme ramps up and whether Grab can protect margins while staying competitive on price. Any sign that discounting is becoming structural again would likely land badly.
In the regular session ahead, traders will test whether this week’s guidance reset was a one-off shock or the start of a lower growth story that takes longer to shake.
The next hard catalyst is execution: Grab expects the Stash deal to close in the third quarter of 2026, and investors will watch for updates on approvals and integration plans well before then.
