12:55 AM EDT, 09/19/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We raise our target price for GRAB to $7.00 (from $6.00), valuing the stock at 31.5x 2026 EV/EBITDA, above the peer average forward EV/EBITDA of 14.0x. Our Buy rating reflects dominant market position and strong operational momentum, with Q2 2025 delivering robust 23% revenue growth and Monthly Transacting Users reaching 46.2 million. We project revenue growth of 22%/19% in 2025/2026, with adjusted EBITDA margins expanding to 13.7%/19.8%, respectively, supported by AI-led operational improvements and economies of scale. Industry consolidation, including Foodpanda's Thailand exit, strengthens market share gains. We forecast Grab's first annual net profit since listing in 2025, keeping our EPS estimates unchanged for 2025/2026. We expect the merger of GoTo and Grab unlikely to go through with the current political instability in Indonesia, which allows Grab to focus on its existing operations, in our view.