11:10 AM EDT, 05/11/2026 (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 maintain our USD4.50 target price for Grab, valuing the stock at 26.5x 2026 EV/EBITDA, above its peer average forward EV/EBITDA of 10.6x. We keep our 2026/2027 EPS estimates unchanged. Our Buy rating is supported by strong momentum continuing into Q1 2026. The strategic acquisition of foodpanda Taiwan marks Grab's first expansion outside Southeast Asia, adding a profitable USD1.8 billion GMV market expected to be accretive to 2026 revenue. This move positions Grab well toward its ambitious 2028 target of USD1.5 billion in Adjusted EBITDA. The USD400 million share buyback program further reinforces management's confidence in value creation. Despite near-term headwinds from elevated crude oil prices that may pressure driver margins and consumer demand, we believe Grab's diversification across delivery and financial services, combined with its market-leading position in the high-growth Southeast Asia region, provides meaningful resilience to sustain its long-term profitable growth trajectory.