Grab Holdings Limited (NASDAQ: GRAB ) is one of the best strong buy penny stocks to invest in now . Grab Holdings Limited (NASDAQ:GRAB) received a rating update from Barclays on July 9. The firm cut the price target on the stock to $5 from $7 and maintained an Overweight rating on the shares. For reference, in its financial results for fiscal Q1 2026, Grab Holdings Limited (NASDAQ:GRAB) reported that revenue grew 24% year-over-year to $955 million. On-Demand GMV for the quarter also rose 24% year-over-year to $6.1 billion, while profit for the period was $120 million. Management further reported that adjusted EBITDA grew 46% year-over-year to $154 million in fiscal Q1 2026, with adjusted free cash flow of $489 million on a trailing twelve-month basis.
Grab Holdings Limited (NASDAQ:GRAB) also stated that with trailing twelve-month adjusted free cash flow expanding to $489 million in the first quarter, it remains focused on disciplined capital allocation to drive profitable growth and maintain its commitment to return capital to shareholders.
Grab Holdings Limited (NASDAQ:GRAB) provides millions of consumers access to its merchant and driver partners for food delivery, ride or taxi hailing, package delivery, payment for online purchases, and services such as telemedicine, lending, and insurance through its application.
While we acknowledge the potential of GRAB as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock .
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