What Does Morgan Stanley See in Grab Holdings (GRAB) After Raising Its Target ?

Grab Holdings Limited (NASDAQ:GRAB) is one of the best low priced technology stocks to invest in. On June 30, Morgan Stanley raised its price target on Grab Holdings Limited (NASDAQ:GRAB) to $6.25 from $5.90, while keeping its Overweight rating unchanged.

What Does Morgan Stanley See in Grab Holdings (GRAB) After Raising Its Target to $6.25?

The investment bank believes there is an upside risk to Grab’s 2026 guidance. This risk, according to the bank, is driven mainly by the consolidation of Superbank into Grab’s financials and continued strong growth momentum across the company’s core ride-hailing and delivery businesses. Superbank is a digital bank in Indonesia in which Grab holds a majority stake. The analysts believe that folding its results more fully into Grab’s books will add meaningfully to the company’s overall revenue and earnings picture going forward.

Meanwhile, on July 6, Grab disclosed via an SEC filing that Uber CEO Dara Khosrowshahi has stepped down from its Board of Directors, effective immediately. Khosrowshahi’s board tenure started in 2018, when he first joined the board of Grab’s former subsidiary as part of Uber’s decision to sell its Southeast Asian ride-hailing business to Grab. He later transitioned onto Grab’s official board once the company went public.

The filing made clear that this is purely a governance change. It stated that Uber’s economic interest in Grab remains completely unaffected by Khosrowshahi’s departure from the board.

Grab Holdings Limited (NASDAQ:GRAB) operates a SuperApp platform in Southeast Asia. It provides delivery services including GrabFood for food ordering and delivery, GrabMart for goods delivery, and GrabExpress for package delivery, as well as mobility services including GrabCar, GrabTaxi, GrabBike, and carpooling options.

While we acknowledge the risk and potential of GRAB as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than GRAB and that has 10,000% upside potential, check out our report about this cheapest AI stock.

READ NEXT: Seth Klarman Stock Portfolio: 10 Best Stocks to Buy and Top 10 Mid Cap Stocks to Own for Decades According to Hedge Funds.

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