GRAB 3 month price prediction

**Grab's 3-Month Price Prediction**: Based on the analysis of various sources, here is a comprehensive forecast for Grab Holdings Limited (GRAB) stock over the next 3 months: 1. **Analyst Ratings and Price Targets**: - The average 12-month price target from 10 Wall Street analysts is $4.63, with a high forecast of $6.00 and a low forecast of $3.80. - A separate set of analysts has an average target of $5.10, with a low estimate of $3.80 and a high estimate of $7.00. 2. **Earnings and Revenue Forecasts**: - For 2024, the earnings forecast ranges from -$79,060,000 to $39,530,000, with an average of -$26,485,100. - The revenue growth forecast for 2024 is not provided, but the earnings forecast suggests that the company's profitability could be improving. 3. **Market Sentiment and Technical Indicators**: - The stock has been upgraded to a "Strong Buy" candidate, with a potential rise of 9.96% in the next 3 months. - The stock's buy signals from short and long-term moving averages, along with the positive relation between the two signals, indicate a bullish outlook. 4. **Conclusion and Considerations**: - The analyst ratings and price targets suggest a positive outlook, with the average target indicating a significant upside from the current price. - The earnings and revenue forecasts, along with the technical indicators, support the view that the stock could appreciate in the short term. - However, investors should monitor the company's performance and any changes in market conditions that could affect this forecast. In summary, the 3-month price prediction for Grab Holdings Limited (GRAB) is optimistic, with potential for a substantial increase in the stock price. Investors should consider this forecast in the context of their investment strategy and risk tolerance.