12 Best Penny Stocks That Will Skyrocket

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​2. Grab Holdings Limited (NASDAQ:GRAB)

Price: $4.23

Upside: 63.12%

Number of Hedge Fund Holders: 59

​Grab Holdings Limited (NASDAQ:GRAB) is one of the Best Penny Stocks That Will Skyrocket. Wall Street remains bullish on Grab Holdings Limited (NASDAQ:GRAB) despite mixed fiscal Q4 2025 earnings. Recently, on February 11, Venugopal Garre from Bernstein reiterated a Buy rating on the stock with a $5.8 price target.

​The rating follows Grab’s fiscal Q4 2025 earnings release, where the company posted $906 million in revenue, reflecting 18.59% year-over-year growth. Despite the growth, revenue missed estimates by $34.6 million, while EPS of $0.04 topped estimates by $0.03.

​Bernstein finds the results to be an “overhang-clearing event” that removes prior stock pressures. The market was anticipating conservative fiscal 2026 guidance and also potential cuts to Indonesia’s two-wheeler ride-hailing commission caps from 20% to around 10%.

However, the company’s guidance came in slightly ahead of expectations. Moreover, Grab also presented a three-year plan aiming for $1.5 billion in adjusted EBITDA by FY28. The firm finds the projection to be realistic, considering the market penetration of the company and its ecosystem advantages.

​Grab Holdings Limited (NASDAQ:GRAB) is a leading Southeast Asian “superapp” that provides mobility, delivery, and digital financial services across eight countries. It connects consumers with driver and merchant partners for services including ride-hailing, food/grocery delivery, and digital payments.

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