agc grab stock price

What happened to AGC stock before the acquisition of grab?

Prior to the April 13 announcement of the intent to merge with Grab, AGC stock was highly volatile as it bounced between $11 and $15. The share price was close to $15 on the day of that announcement, so it was near the top of its range.

What is the forecast for AGC and grab?

AGC and Grab’s stock forecast Since AGC is a blank-check company, its forecast depends on the outlook of the merger target, which is Grab in this case. Grab expects to generate sales of $2.3 billion in 2021. The company expects that figure to grow to $3.3 billion in 2022 and $4.5 billion in 2023.

Where can I buy AGC shares?

Shares of AGC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here.

Is grab worth $60 billion?

Meanwhile, at AGC’s current stock price, Grab is valued at around $60.63 billion. Based on this equity value and Grab’s projected sales, its valuation multiples are 26.4x (2021 sales), 18.4x (2022 sales), and 13.5x (2023 sales), respectively.

Is AGC stock a buy?

The 11 analysts offering 12-month price forecasts for AGC Inc have a median target of 10.06, with a high estimate of 12.59 and a low estimate of 7.85. The median estimate represents a +52.84% increase from the last price of 6.58.

Will AGC go up?

Based on our forecasts, a long-term increase is expected, the "AGC" stock price prognosis for 2026-11-30 is 20.075 USD. With a 5-year investment, the revenue is expected to be around +82.33%. Your current $100 investment may be up to $182.33 in 2027.

Who owns AGC stock?

Stock Information(As of December 31, 2021)Major ShareholdersNumber of Shares Held (1,000 shares)Percentage of Total (%)Mitsubishi Estate Co., Ltd.3,7031.67Nippon Life Insurance Company（Standing Proxy: The Master Trust Bank of Japan, Ltd.）3,6621.65SMBC Nikko Securities, Inc.3,5941.627 more rows

Is Akerna a buy?

Akerna has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 2 buy ratings, 2 hold ratings, and no sell ratings.

What happen to AGC?

What Happened With AGC Stock. Grab announced that its third-quarter net loss widened by 59% to nearly $1 billion ($988 million) from a loss of $621 million a year earlier. The loss for the quarter ended Sept. 30 of this year included $748 million in non-cash items, Grab said in a news release.

Is it worth to invest in grab?

Grab still can't be considered a value play For reference, Uber and Lyft -- which are growing slower than Grab but gradually achieving adjusted EBITDA profitability -- both trade at less than two times this year's sales. Grab's high price-to-sales ratio makes it a tough stock to recommend in this challenging market.

Is Grab an IPO?

Ride-hailing app Grab went public on the Nasdaq at the end of 2021 via a financial vehicle called a SPAC. I have never really understood what a SPAC is or why they exist, and questioned in a piece last year the wisdom of Grab using one to go public. The IPO was a dud and the stock is currently trading around $3.

How do you buy Grab stock?

How to buy shares in Grab HoldingsCompare share trading platforms. Use our comparison table to help you find a platform that fits you.Open your brokerage account. Complete an application with your details.Confirm your payment details. ... Research the stock. ... Purchase now or later. ... Check in on your investment.

What does AGC company do?

AGC Inc. manufactures and sells glass products. The Company produces architectural glass, automotive glass, applied glass materials, and other products. AGC also produces electronics, chemicals, and other products.

Is Akerna a good long term investment?

If you are looking for stocks with good return, Akerna Corp stock can be a profitable 1-year investment option. Akerna Corp real time quote is equal to 0.170 USD at 2022-07-11, but your current investment may be devalued in the future.

Will Akerna stock go up?

On average, Wall Street analysts predict that Akerna's share price could reach $5.17 by May 11, 2023. The average Akerna stock price prediction forecasts a potential upside of 2,939.41% from the current KERN share price of $0.17.

Will AGC become Grab?

1. Merger Updates and Official Numbers. Grab's merger with Altimeter Growth Corp (AGC) is expected to be completed by the end of 2021. We're finally given an update after months of waiting.

Is AGC a SPAC?

Altimeter (NASDAQ:AGC) is a special purpose acquisition company (SPAC), which means that it is a company that does not have significant operations and only exists to effect a merger or a business combination with another business entity.

What is the difference between AGC and Agcuu?

Those units not separated will continue to trade on the Nasdaq Capital Market (the "Nasdaq") under the symbol "AGCUU." Class A ordinary shares and warrants that are separated will trade on the Nasdaq under the symbols "AGC" and "AGCWW," respectively.

What does altimeter growth do?

At Altimeter, our mission is to help visionary entrepreneurs build iconic companies, disrupt markets and improve lives through all stages of growth. We are founders supporting founders and we believe competition around the IPO process offers companies important flexibility and choice.

Grab Holdings: Bag of Assets in Southeast Asia

Grab to Announce Fourth Quarter and Full Year 2021 Results on March 3, 2022

Grab's purchase of grocer Jaya Foods gives it heft and a financial ally it needs as it resumes its growth trajectory. The post Grab Holdings: Bag of Assets in Southeast Asia appeared first on InvestorPl...

Better Buy for 2022: Nu Holdings vs. Grab Holdings?

NEW YORK, Feb. 09, 2022 (GLOBE NEWSWIRE) -- Grab Holdings Limited (NASDAQ: GRAB, the “Company” or “Grab”), plans to announce its fourth quarter and full year 2021 results before the U.S. market opens on...

Don't Get Grabby with Low-Potential Grab Holdings

These two international emerging companies look appealing, but which company would be a better buy today?

Grab Announces Investor Call Hosted by Evercore ISI

Even contrarian bargain hunters should avoid downtrodden GRAB stock because the company's financial stats simply don't measure up. The post Don't Get Grabby with Low-Potential Grab Holdings appeared fir...

Speculating in Grab Stock is Smart at its Current Prices

SINGAPORE-- (BUSINESS WIRE)--Grab Holdings Limited, (NASDAQ: GRAB), announces a fireside chat hosted by Mark Mahaney from Evercore ISI on Wednesday, January 26, 2022 at 11:00 a.m. ET. Mr. Mahaney and Min...

Is Grab Holdings Stock a Buy?

GRAB Holding stock was a bust of an IPO, but investors shouldn't overlook it now because its growth is too attractive at its current prices. The post Speculating in Grab Stock is Smart at its Current Pr...

Grab to Announce Fourth Quarter and Full Year 2021 Results on March 3, 2022

Grab is looking to become the primary super app of Southeast Asia. Could it do that?

Mufg Bank, Ltd. Buys Grab Holdings Inc, iShares Core S&P 500 ETF

NEW YORK, Feb. 09, 2022 (GLOBE NEWSWIRE) -- Grab Holdings Limited (NASDAQ: GRAB, the “Company” or “Grab”), plans to announce its fourth quarter and full year 2021 results before the U.S. market opens on March 3, 2022.

3.5 Analyst's Opinion

Investment company Mufg Bank, Ltd. (Current Portfolio) buys Grab Holdings Inc, iShares Core S&P 500 ETF during the 3-months ended 2021Q4, according to the most recent filings of the investment company, Mufg Bank, Ltd..

Is Altimeter Growth a buy right now?

Altimeter Growth has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

What price target have analysts set for AGC?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Altimeter Growth in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" Altimeter Growth stock. View analyst ratings for Altimeter Growth or view top-rated stocks.

Who are some of Altimeter Growth's key competitors?

1 brokers have issued 1-year price targets for Altimeter Growth's shares. Their forecasts range from $13.00 to $13.00. On average, they anticipate Altimeter Growth's stock price to reach $13.00 in the next twelve months. View analysts' price targets for Altimeter Growth or view top-rated stocks among Wall Street analysts.

Who are Altimeter Growth's major shareholders?

Some companies that are related to Altimeter Growth include Ube Industries (UBEOY), Arrival (ARVL), Austerlitz Acquisition Co. II (ASZ), Churchill Capital Corp VII (CVII), KKR Acquisition Holdings I (KAHC), Lion Electric (LEV), Social Capital Hedosophia Holdings Corp.

Which institutional investors are selling Altimeter Growth stock?

Altimeter Growth's stock is owned by a number of retail and institutional investors.

How can I contact Altimeter Growth?

AGC stock was sold by a variety of institutional investors in the last quarter, including Susquehanna International Group LLP, Citadel Advisors LLC, Bank of America Corp DE, Cutler Group LP, Simplex Trading LLC, and Glazer Capital LLC. View insider buying and selling activity for Altimeter Growth or view top insider-selling stocks.

A Closer Look at AGC Stock

The company can be reached via phone at 650-549-9145 or via email at [email protected].

Paving the Digital Path

Prior to the April 13 announcement of the intent to merge with Grab, AGC stock was highly volatile as it bounced between $11 and $15.

More Than Just Ride Hailing

While DiDi addresses the vast Chinese market, investors shouldn’t dismiss the market in which Grab conducts its business.

The Bottom Line

While DiDi has struggled under the strict Chinese regulatory regime, Grab has thrived in Southeast Asia.

Where is Grab's target market?

It’s fine if you want to invest in DiDi. However, there’s another business that doesn’t appear to have the same degree of regulatory concerns.

What is Grab app?

Grab's target market is South East Asia (abbreviated as SEA), which is one of the fastest growing regions in the world, catalyzed by rapid urbanization and industrialization, a young population, rising education levels and an increasing rate of digitalization.

What is Grab Indonesia?

Grab started in 2013 as a ride-sharing business and has quickly grown into a South East Asian super-app that provides ride hailing, food delivery and financial services. Through its super-app, Grab aims to create a closed-looped ecosystem whereby consumers can go to for their everyday needs. The company currently operates in "across 400 cities in eight Southeast Asian countries" and is rapidly expanding in the region.

When will robo taxis be available in Israel?

Originally, Grab seemed to be the region's front-runner in the creation of a super-app. However, in May 2021, two of Indonesia's tech giants Gojek (ride hailing, food delivery and financial services) and Tokopedia (e-commerce and financial services) announced a merger to create GoTo Group, which would be the nation s' largest digital services company.

Is Grab a strong competitor?

According to Forbes, robo-taxi services are already expected to be deployed in Israel and UAE by 2022 and 2023 respectively.

Is Grab a runaway market leader?

However, competition is also very strong and even more so when we break down the market share by a national level. As of today, Grab still does not have a strong competitive advantage over its peers and its market share has been steadily "eaten up" by newer entrants.

How much will Grab make in 2021?

However, an increasing number of competitors within price sensitive industries would likely result in: Loss of market share - In the long run, Grab would likely not be a runaway market leader anymore, it is likely that 2-3 main players would dominate each industry. Lower than expected/desired growth rate.

When did Grab and AGC merge?

Grab expects to generate sales of $2.3 billion in 2021. The company expects that figure to grow to $3.3 billion in 2022 and $4.5 billion in 2023. Grab expects to turn adjusted EBITDA positive in 2023 and hit about $500 million. The company expects its total addressable market size to grow from $52 billion in 2020 to $180 billion in 2025.

Is AGC SPAC a good buy?

AGC SPAC and Grab merger news. Grab and AGC SPAC announced their merger agreement on April 13. AGC stock popped up by 10 percent on April 13 after the announcement. The deal will provide Grab with nearly $4.5 billion in cash proceeds to fund growth initiatives.

Is Grab Holdings going public?

AGC SPAC stock isn't a good buy. Grab had a gross merchandise value of about $12.5 billion in 2020. The value has already surpassed pre-pandemic levels. AGC doesn’t look like a good buy because of Grab’s high valuations. AGC stock was trending downwards in the pre-market trading session on April 14.