New York, February 25, 2026, 08:08 EST — Premarket
- GRAB up about 1.7% in premarket trading, after two straight declines
- Investors remain focused on 2026 guidance, the buyback plan and a U.S. fintech acquisition
- Next catalyst: a March 24 shareholder vote on changes to Grab’s dual-class voting structure
Grab Holdings Limited shares (GRAB.O) were up about 1.7% in premarket trade on Wednesday, at $4.22, after closing at $4.15 in the prior session. (Public)
The stock’s been jumpy since Grab laid out a fresh outlook and a stack of capital and governance items, including a buyback and a pending acquisition. Traders are also watching whether appetite for app-based transport and delivery names steadies after the recent pullback.
Grab fell 0.7% on Tuesday and slid 4.6% on Monday, with more than 30 million shares changing hands in each session, according to Investing.com data. (Investing)
Earlier this month, the Singapore-based group posted fourth-quarter revenue up 19% to $906 million and on-demand GMV, or gross merchandise value (the value of transactions on its platform), up 21% to $6.1 billion. Grab reported a $153 million profit for the quarter and said it ended 2025 with its first full-year net profit, while authorising a new $500 million share repurchase program. (Grab)
“We exited 2025 with a record fourth quarter,” CEO and co-founder Anthony Tan said in the company’s results release. (Grab)
Grab has forecast 2026 revenue of $4.04 billion to $4.10 billion, below a $4.13 billion analyst consensus compiled by LSEG, and sees adjusted EBITDA of $700 million to $720 million. Adjusted EBITDA is earnings before interest, taxes, depreciation and amortization, adjusted for some items. “We’re going to continue to make our rides affordable,” CFO Peter Oey told Reuters, adding the company plans to double down on its grocery business. (Reuters)
On deals, Grab has agreed to buy U.S. digital investing platform Stash Financial, valuing the initial 50.1% stake at an enterprise value of $425 million, with the rest to be paid at fair market value over three years. Grab said the transaction is expected to close in the third quarter of 2026, subject to approvals, and described Stash as having more than $5 billion in assets under management and over a million paying subscribers. “Joining the Grab ecosystem is a validation of that mission,” Stash co-founder and co-CEO Brandon Krieg said. (Grab)
A separate SEC-filed shareholder notice set out a March 24 virtual extraordinary general meeting to approve new articles of association. The proposal would double the voting power of each Class B share to 90 votes from 45, and Grab set Feb. 24 as the record date (New York time) for voting eligibility; the board said the change would help preserve majority Singaporean control over its GXS Bank unit to meet local regulatory requirements. Grab said proxy materials are expected to be made available around March 2. (SEC)
But there are soft spots. The Stash deal still needs regulatory clearances, and any shift in timing or funding mix could change how investors model the payoff. On the core business, pushing incentives to keep prices low can lift orders, but it can also pressure margins if demand does not keep up.
