Grab Holdings (GRAB) Trades Near 52-Week Low as Q2 Results, Taiwan Deal Awaited
Grab Holdings Limited shares slipped again in U.S. trade, with the Nasdaq-listed superapp finishing the session at $3.30, off 1.49%. That keeps Grab near its 52-week low of $3.18. The stock has traded between $3.18 and $6.62 over the past year. Grab is still priced near half its yearly high, despite better numbers and improving profit in its last quarter. Grab’s numbers for Q1 2026 were solid across the board. Revenue came in at $955 million, rising 24% from a year ago. On-Demand GMV was $6.1 billion, also up 24%. Profit hit $120 million for the quarter, and adjusted EBITDA rose 46% to $154 million. GMV is the full value of transactions on the platform. Adjusted EBITDA, which isn’t IFRS, leaves out interest, taxes, depreciation, amortization, and some one-offs. “We set out to start 2026 strongly, and we delivered,” CEO Anthony Tan said in his prepared comments.