Grab: Improving Fundamentals Signal Undervaluation Opportunity

  • Grab’s stock performance has been disappointing since its IPO, currently sitting at $3.16, significantly below its IPO price.
  • Grab’s fundamentals have improved since the IPO, with revenue growth and a clear path to consistent profitability and cash flow generation.
  • Potential catalysts for Grab include a share buyback program and expanding financial services in key markets. I rate Grab a buy. At $3, it appears undervalued, in my opinion.

Grab (NASDAQ:GRAB) is a Singaporean technology company that offers a wide range of services, including ride-hailing, food delivery, and financial services. It is one of the largest technology companies in Southeast Asia, with operations in eight countries and over