Q3 results beat expectations + raised full-year guidance! Grab (GRAB.US) gets a bullish call from Citi after earnings: stock could still rise over 92%

Zhitong Finance APP has learned that Southeast Asian ride-hailing and food delivery platform giant Grab (GRAB.US) announced its third-quarter 2026 results after the U.S. market closed on Monday, November 2. Citi pointed out in a research report subsequently released that Grab's third-quarter results were stronger than expected, with revenue and adjusted EBITDA better than its expectations, and the company's raised full-year 2026 guidance was also better than its expectations. Citi gave Grab a "Buy" rating with a target price of $5.50. This target price implies upside of more than 92% compared with the stock's Monday closing price of $2.86.