Eyes on Grab and Sea as analysts stay bullish ahead of FY2025 results
Grab is expected to report its results on Feb 11; Sea has yet to announce its reporting date
[SINGAPORE] Equity analysts are bullish on Sea and Grab’s upcoming fourth-quarter FY2025 performance, even as their share prices have pulled back in the year to date.
Grab’s share price fell 15.9 per cent or US$0.81 to US$4.27 between Jan 1 and Feb 6. Sea’s share price dropped 17.5 per cent or US$22.95 to US$108.54 over the same period.
Grab is expected to report its results after the US markets close on Wednesday (Feb 11); Sea has yet to announce its reporting date.
TRENDING NOW
Grab CEO’s wife Chloe Tong on life with Anthony Tan and finding her purpose
Hwa Seng Builder, two China companies win S$1.2 billion Tuas Road Viaduct phase two contracts
Deal between tycoon friends sparks scrutiny of Philippine power sector
Canada is upping oil flows to Asia, but South-east Asia’s refineries aren’t ready to handle them yet