# Grab Holdings Limited (GRAB)

> Source: Nexqual · https://nexqual.com/GRAB · data as of 2026-10-22 20:00 UTC · cite as "Nexqual, Grab Holdings Limited (GRAB), nexqual.com/GRAB" · informational, not investment advice.

**Price:** USD 2.85 (+1.06% on the day) · last close of Oct 22, 2026; US market pre market, not a live price. Prev close 2.82 · day 2.77–2.86 · 52w 2.74–6.24 · market cap $11.7B · NMS

## Key facts
- Insider open-market sales, last ~7 months: 29 Form 4 filings, $11.6M; 0 not under a Rule 10b5-1 plan ($0K); 0 by opportunistic insiders, 0 by routine insiders (three-year test, Cohen, Malloy & Pomorski 2012).
- Insider open-market purchases, last ~7 months: 2 Form 4 filings, $30.7M; 0 by opportunistic insiders, 0 by routine insiders.
- Analysts: Buy (mean 1.79 on a 1–5 scale) (24 analysts), mean target USD 5.54 (range 4–7).
- Total return with dividends: 1Y -50.2% vs S&P 500 +14.9%; 5Y -74.1% vs S&P 500 +80.3%.
- Next earnings: 2026-11-02, EPS estimate USD 0.02, revenue estimate $1.11B.

## Insider sales (SEC Form 4, open-market, last ~7 months)
29 of 29 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.
| Trade date | Insider | Role | Shares | Value | % of holdings sold | 10b5-1 plan | Insider type |
|---|---|---|---|---|---|---|---|
| 2026-10-15 | Oey Peter Henry | Chief Financial Officer | 50,000 | $149K | 0.7% | Yes (adopted June 1, 2026) | Too little history (no open-market trades in 2023–2025) |
| 2026-10-15 | Kandal Philipp Wolfgang Josef | Chief Product Officer | 30,000 | $90K | 0.8% | Yes (adopted November 11, 2025) | Too little history (no open-market trades in 2023–2025) |
| 2026-10-05 | Ong Chin Yin | Chief Org Capability Officer | 38,000 | $117K | 1% | Yes (adopted November 11, 2025) | Too little history (no open-market trades in 2023–2025) |
| 2026-09-15 | Kandal Philipp Wolfgang Josef | Chief Product Officer | 30,000 | $92K | 0.8% | Yes (adopted November 11, 2025) | Too little history (no open-market trades in 2023–2025) |
| 2026-09-15 | Oey Peter Henry | Chief Financial Officer | 50,000 | $145K | 0.7% | Yes (adopted June 1, 2026) | Too little history (no open-market trades in 2023–2025) |
| 2026-09-03 | Ong Chin Yin | Chief Org Capability Officer | 38,000 | $130K | 1% | Yes (adopted November 11, 2025) | Too little history (no open-market trades in 2023–2025) |
| 2026-09-02 | Hungate Alexander Charles | President and COO | 145,349 | $506K | 2.3% | Yes (adopted March 24, 2026) | Too little history (no open-market trades in 2023–2025) |
| 2026-08-17 | Oey Peter Henry | Chief Financial Officer | 50,000 | $180K | 0.7% | Yes (adopted June 15, 2025) | Too little history (no open-market trades in 2023–2025) |
| 2026-08-14 | Kandal Philipp Wolfgang Josef | Chief Product Officer | 30,000 | $109K | 0.7% | Yes (adopted November 11, 2025) | Too little history (no open-market trades in 2023–2025) |
| 2026-08-10 | Tan Anthony Ping Yeow | Chief Executive Officer | 400,000 | $1.4M | 48.3% | Yes (adopted November 11, 2025) | Too little history (no open-market trades in 2023–2025) |
| 2026-08-03 | Ong Chin Yin | Chief Org Capability Officer | 38,000 | $137K | 1% | Yes (adopted November 11, 2025) | Too little history (no open-market trades in 2023–2025) |
| 2026-07-15 | Oey Peter Henry | Chief Financial Officer | 50,000 | $191K | 0.7% | Yes (adopted June 15, 2025) | Too little history (no open-market trades in 2023–2025) |
| 2026-07-13…2026-07-15 | Kandal Philipp Wolfgang Josef | Chief Product Officer | 50,000 | $195K | 1.2% | Yes (adopted November 11, 2025) | Too little history (no open-market trades in 2023–2025) |
| 2026-07-10 | Tan Anthony Ping Yeow | Chief Executive Officer | 400,000 | $1.6M | 93.3% | Yes (adopted November 11, 2025) | Too little history (no open-market trades in 2023–2025) |
| 2026-07-02 | Ong Chin Yin | Chief Org Capability Officer | 38,000 | $147K | 1% | Yes (adopted November 11, 2025) | Too little history (no open-market trades in 2023–2025) |
| 2026-06-23 | Hungate Alexander Charles | President and COO | 144,093 | $497K | 2.3% | Yes (adopted March 24, 2026) | Too little history (no open-market trades in 2023–2025) |
| 2026-06-15 | Oey Peter Henry | Chief Financial Officer | 50,000 | $177K | 0.7% | Yes (adopted June 15, 2025) | Too little history (no open-market trades in 2023–2025) |
| 2026-06-15 | Kandal Philipp Wolfgang Josef | Chief Product Officer | 30,000 | $106K | 0.7% | Yes (adopted November 11, 2025) | Too little history (no open-market trades in 2023–2025) |
| 2026-06-15 | Tan Anthony Ping Yeow | Chief Executive Officer | 400,000 | $1.4M | 48.5% | Yes (adopted November 11, 2025) | Too little history (no open-market trades in 2023–2025) |
| 2026-06-03 | Ong Chin Yin | Chief Org Capability Officer | 38,000 | $131K | 1% | Yes (adopted November 11, 2025) | Too little history (no open-market trades in 2023–2025) |
% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.

## Insider purchases (SEC Form 4, open-market, last ~7 months)
2 purchases, $30.7M. Private placements, offerings, dividend reinvestment and employee stock purchase plan buys are excluded.
| Trade date | Insider | Role | Shares | Value | Avg price | Insider type |
|---|---|---|---|---|---|---|
| 2026-09-21 | Hungate Alexander Charles | President and COO | 299,571 | $867K | 2.89 | Too little history (no open-market trades in 2023–2025) |
| 2026-09-21 | Tan Anthony Ping Yeow | Chief Executive Officer | 10,350,000 | $29.9M | 2.89 | Too little history (no open-market trades in 2023–2025) |

## Analysts
Consensus Buy (mean 1.79 on a 1–5 scale), 24 analysts; mean target USD 5.54 (low 4, high 7).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-20 | Barclays | Target lowered | Overweight | $5 → $4 |
| 2026-07-09 | Barclays | Target lowered | Overweight | $7 → $5 |

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-23) | 5Y (from 2021-10-18) |
|---|---|---|
| Total return | -50.2% | -74.1% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | -50.3% | -23.6% |
| Volatility (annualized) | 38.4% | 61.5% |
| Max drawdown | -54.3% (Oct 2025→Sep 2026) | -85.8% (Nov 2021→Jun 2022) |

## Peers (Software - Application)
CHYM (Chime Financial, Inc.) USD 30.16 -0.69% · BSY (Bentley Systems, Incorporated) USD 39.41 +2.74% · PAYC (Paycom Software, Inc.) USD 272.61 +4.44% · FROG (JFrog Ltd.) USD 93.89 -2.50% · FIG (Figma, Inc.) USD 24.1 +4.87% · HUBS (HubSpot, Inc.) USD 267.19 +6.92%

## More
Full page: https://nexqual.com/GRAB · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt

## Supply chain and relationships (SEC annual reports)

Named in GRAB's own 20-F filed 2026-03-06 (https://www.sec.gov/Archives/edgar/data/1855612/000185561226000020/ck0001855612-20251231.htm):

| Relationship | Company | Sentence in the filing |
|---|---|---|
| Supplier | Alphabet (Google) (GOOGL) | "Furthermore, we depend on third parties maintaining open marketplaces, including the Apple App Store, Google Play, and Huawei AppGallery, which make our superapp and other apps available for download." |
| Supplier | Apple (AAPL) | "Furthermore, we depend on third parties maintaining open marketplaces, including the Apple App Store, Google Play, and Huawei AppGallery, which make our superapp and other apps available for download." |
| Supplier | Huawei | "Furthermore, we depend on third parties maintaining open marketplaces, including the Apple App Store, Google Play, and Huawei AppGallery, which make our superapp and other apps available for download." |
| Supplier | Visa (V) | "We rely on strategic partnerships with financial institutions such as Visa and Mastercard and third parties such as Adyen and Stripe to process and remit payments to and from consumers and driver- and merchant-partners." |
| Supplier | Mastercard (MA) | "We rely on strategic partnerships with financial institutions such as Visa and Mastercard and third parties such as Adyen and Stripe to process and remit payments to and from consumers and driver- and merchant-partners." |
| Partner | Singapore Telecommunications | "These arrangements include joint ventures and minority equity investments, such as our Digital Banking JV with Singtel and partnerships with strategic investors such as Mitsubishi UFJ Financial Group Inc. ("MUFG") for ce…" |
| Partner | Toyota (TM) | "These arrangements include joint ventures and minority equity investments, such as our Digital Banking JV with Singtel and partnerships with strategic investors such as Mitsubishi UFJ Financial Group Inc. ("MUFG") for ce…" |
| Partner | MITSUBISHI UFJ FINANCIAL GROUP INC (MUFG) | "These arrangements include joint ventures and minority equity investments, such as our Digital Banking JV with Singtel and partnerships with strategic investors such as Mitsubishi UFJ Financial Group Inc. ("MUFG") for ce…" |
| Partner | Grab PH Holdings | "The shares of Grab PH Holdings Inc. are 40% legal and/or beneficially owned by us, with the balance 60% of the shares held by an entity owned by our local partner, Mr. Jesse Stefan H." |
| Competitor | Uber (UBER) | "In addition, while we have a non-competition agreement with Uber Technologies, Inc. ("Uber"), which was put in place in connection with a transaction with such shareholder and contractually restricts them from competing …" |

## Analyst estimates and revisions

| Period | EPS est. | 90d ago | Change | Revenue est. | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends 2026-09-30) | $0.02 | $0.01 | +53.0% | $1.11B | 1 |
| Next quarter (ends 2026-12-31) | $0.02 | $0.02 | +10.6% | $1.17B | 1 |
| Current fiscal year (ends 2026-12-31) | $0.14 | $0.08 | +61.4% | $4.19B | 4 |
| Next fiscal year (ends 2027-12-31) | $0.13 | $0.14 | -4.1% | $5.24B | 4 |