Grab Holdings 2023/Q2 Earnings Preview
【Forecast Data】
For this quarter, the financial forecast data for Grab Holdings (GRAB) is as follows:
- Earnings per share (EPS): -$0.05
- Total revenue: $546,116,140
- EBIT: -$149,648,000
Compared to the same period last year:
- EPS has improved by 66.67% (from -$0.15)
- Total revenue has increased by 70.13% (from $321,000,000)
- EBIT has improved by 61.02% (from -$384,000,000)
These changes signify a significant improvement in the company's financial performance compared to the same period last year.
【Quarterly Important News】
There are no significant positive or negative news related to the company's development or operations during the past quarter.
【Forecast Viewpoints】
There are no relevant articles to summarize the current viewpoints on the company's financial report.
【Stock Trend Analysis】
Over the past quarter, GRAB's stock price has increased by 12.62%. The latest stock price is $3.24 (as of 2023-08-20). The support price is $3.57, and the resistance price is $2.96. The stock price is currently between the support and resistance levels, indicating a potential change in trend.
【Options Large Order Analysis】
There are more call options (bullish) than put options (bearish) for GRAB. This suggests that the financial report may exceed expectations.
【Analyst Ratings and Target Price Forecast】
Out of 22 analysts, 7 recommend, 13 buy, 2 hold, and 1 underperform. The mean, low, and high target estimates are $4.32, $3.0, and $5.4, respectively. Based on these ratings and target prices, the company's current valuation status is undervalued, and the financial report may show positive results.
【Comprehensive Conclusion】
Grab Holdings has shown significant improvement in its financial performance compared to the same period last year. The stock price has increased over the past quarter, and the company is currently undervalued based on analyst ratings and target prices. The financial report may exceed expectations due to the bullish options large orders.
【Disclaimer】
The above content is generated by the AI robot TigerGPT and does not represent any personal views. The content is for reference only and does not constitute any investment advice.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
