5 Tech Stocks That Could Make You a Millionaire

Page 5 of 5

1. Grab Holdings Limited (NASDAQ:GRAB)

Upside Potential: 72.93%

On May 4, Grab Holdings Limited (NASDAQ:GRAB) reported first-quarter revenue of $955 million, exceeding the consensus estimate of $920.2 million, alongside strong operational performance. Management highlighted 24% year-over-year growth in On-Demand GMV and a 46% increase in Adjusted EBITDA to a record $154 million, underscoring accelerating profitability and operating leverage, while reaffirming full-year 2026 guidance for revenue of $4.04 billion to $4.10 billion and Adjusted EBITDA of $700 million to $720 million.

On April 20, JPMorgan analyst Ranjan Sharma lowered the firm’s price target on Grab Holdings Limited (NASDAQ:GRAB) to $5.90 from $6.10 while maintaining an Overweight rating on the shares. The maintained positive rating reflects continued confidence in the company’s long-term growth trajectory despite modest adjustments to near-term valuation assumptions.

Grab Holdings is a leading Southeast Asian super-app founded in 2012 and headquartered in Singapore. The company provides a diversified ecosystem of services, including ride-hailing, food and grocery delivery, and digital financial solutions across eight countries, positioning itself as a central platform in the region’s digital economy.

Grab Holdings Limited (NASDAQ:GRAB) appears well-positioned for sustained growth as strong revenue outperformance and rapidly expanding profitability highlight the scalability of its platform and improving operating leverage. The combination of robust execution and continued analyst confidence supports a compelling investment case despite near-term valuation adjustments.

While we acknowledge the potential of GRAB to make you a millionaire, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than GRAB and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: 11 Most Profitable Renewable Energy Stocks Right Now and 10 Under-the-Radar Stocks That Are On Fire Right Now.

Disclosure: None. Insider Monkey focuses on uncovering the best investment ideas of hedge funds and insiders. Please subscribe to our free daily e-newsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email address below.

Page 5 of 5