02:30 AM EDT, 03/25/2026 (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 cut our target price for Grab to $4.50 (from $7.00), valuing the stock at 26.5x 2026 EV/EBITDA, above the peer average forward EV/EBITDA of 14.0x-20.0x. We project revenue growth of 20% in 2026 to approximately $4.04 billion, with EBITDA margin expanding to 14.7% from 7.6%, supported by operating leverage and higher-margin contributions from advertising and financial services. The strategic acquisition of foodpanda Taiwan marks Grab's first expansion outside Southeast Asia, adding a profitable $1.8 billion GMV market that should be accretive to 2026 revenue. Grab's robust 2026 guidance of $700-$720 million Adjusted EBITDA (40%-44% growth) underscores accelerating profitability and positions the company well toward its ambitious 2028 target of $1.5 billion in adjusted EBITDA. The $500 million share buyback program further demonstrates management confidence in value creation. We cut our 2026 EPS estimate to $0.10 (from $0.14) and begin our 2027 EPS estimate at $0.15.