Analyst RecommendationThe recommendation for Grab has been downgraded to HOLD with an unchanged target price, indicating a cautious outlook.
Shareholder ImpactGrab's adjusted EBITDA gets a bigger boost from stock-based compensation, potentially leading to dilution of existing shareholders.
Valuation ConcernsThe analyst downgrades Grab to HOLD with an unchanged target price of USD5.16, valuing its fintech at a discount due to ongoing losses.