Q3 results beat expectations and full-year guidance raised! Grab (GRAB.US) receives bullish endorsement from Citi after earnings: stock price could rise more than 92%

智通财经APP reported that Southeast Asian ride-hailing and food delivery giant Grab (GRAB.US) announced its third-quarter 2026 results after the U.S. stock market closed on Monday, November 2. In a research report released by Citibank afterwards, it was pointed out that Grab's third-quarter results surpassed expectations, with revenue and adjusted EBITDA better than anticipated, and the company's revised 2026 full-year guidance also exceeded Citibank's forecast. Citibank gave Grab a "Buy" rating with a target price of $5.50. This target price represents more than 92% upside compared with Monday's closing price of $2.86 per share.