Grab Holdings Limited (GRAB) declined 2.42% to $2.82 per share while broader markets gained, underperforming the S&P 500, Dow, and Nasdaq. Despite the near-term weakness, the company shows strong growth prospects with projected Q3 EPS of $0.02 (up 100% YoY) and revenue of $1.07 billion (up 22.94% YoY).
Full-year estimates forecast $0.14 EPS and $4.22 billion revenue. The stock carries a Zacks Rank #3 (Hold) rating with a Forward P/E of 20.28 and PEG ratio of 0.51, trading at a discount to its industry average.