New York, Feb 12, 2026, 05:33 EST — Premarket
- Grab shares dip in premarket trading following a softer-than-expected 2026 revenue forecast
- The company posted its first full-year net profit for 2025 and approved a $500 million share buyback.
- Grab has agreed to acquire U.S. investing app Stash in a deal first valued at $425 million
Grab Holdings’ shares, listed in the U.S., dipped slightly in premarket trading Thursday after the Southeast Asian ride-hailing and delivery company projected 2026 revenue that fell short of analyst estimates.
The update arrives at a tricky time for the stock. Investors have been banking on profitability, yet the company’s near-term forecast suggests a slower pace in its core on-demand operations.
It shifts attention back to consumer demand in Southeast Asia—and the price of maintaining user loyalty. Discounts and promotions help sustain volumes, but if competitors hold firm, margins take a hit.
Grab shares slipped roughly 1.9% in premarket trading to $4.23, following a close of $4.31 on Wednesday.
Grab projected 2026 revenue between $4.04 billion and $4.10 billion, falling short of analysts’ $4.13 billion average estimate, per LSEG data. Its adjusted EBITDA guidance — which excludes interest, tax, depreciation, and other factors — came in at $700 million to $720 million, just below the $721.7 million expected. The company reported Q4 revenue of $906 million, missing forecasts, and its stock dropped about 4% in after-hours trading. “We’re going to continue to make our rides affordable,” CFO Peter Oey told Reuters. Reuters
Grab reported its first full-year net profit in 2025, finishing the year with over 50 million monthly transacting users. The company also approved a new $500 million share buyback, which may be carried out via open-market purchases or alternative approaches depending on market conditions.
Grab revealed plans to expand its financial services by agreeing to acquire U.S. digital investing platform Stash Financial for an enterprise value of $425 million. The deal involves paying 50.1% upfront and the remainder over three years at fair market value. Closing is anticipated in the third quarter of 2026, pending approvals. Stash manages over $5 billion in assets and boasts more than one million paying subscribers, Grab noted. CEO Anthony Tan described the acquisition as “a milestone in Grab’s evolution.” Stash co-CEO Brandon Krieg called the partnership “a validation of that mission.” Stock Titan
Now the big question: can Grab boost rides and deliveries without ramping up incentives? Competition is fierce across Southeast Asia’s on-demand scene, where even small shifts in prices or delivery fees can rapidly change how users behave.
Plenty could still go sideways. A weaker consumer environment might force Grab to ramp up discounting. Plus, the Stash acquisition adds layers of regulatory and execution risks, especially in a market where Grab lacks extensive operating experience.
Traders will keep an eye on the stock’s performance once the U.S. market opens and look for any updates from management on buyback timing. After that, the next key date is the Stash closing window set for the third quarter of 2026.
