Grab Holdings (NASDAQ: GRAB) reported its fourth-quarter earnings for fiscal year 2024, revealing a revenue of $764 million, which represents a 17% year-over-year increase and exceeds analyst estimates of $758 million. The company achieved a GAAP profit of $11 million, surpassing expectations of $5.27 million. Adjusted EBITDA reached $97 million, a substantial 173% increase from the previous year, also beating the forecast of $96.11 million. Despite these positive results, Grab's guidance for fiscal year 2025 projects revenue of $3.36 billion, which falls short of the $3.40 billion expected by analysts. The company's gross merchandise value (GMV) grew by 20% year-over-year to $5.0 billion, supported by a 17% increase in monthly active users (MTUs) to 44 million. Following the earnings announcement, Grab's stock fell approximately 11% in after-hours trading. Analysts from Citi and Barclays raised their price targets for Grab to $6.25 and $6.50, respectively, while JPMorgan upgraded its rating to 'Overweight' with a price target of $5.60, citing the potential for conservative guidance to provide future opportunities.