Benchmark Keeps Buy on GRAB, Highlights Attractive Entry Point

Core Viewpoint - Grab Holdings Limited (NASDAQ:GRAB) is recognized as one of the 14 most promising fintech stocks, with a positive outlook for fiscal year 2026 reaffirmed by Benchmark's Buy rating [1]. Group 1: Company Growth and Strategy - Grab is focusing on sustained growth in its core Deliveries and Mobility segments while maintaining stable incentive levels, indicating good operational efficiency [2]. - The fintech business is seen as a potential key driver for margins, with plans to accelerate growth in its loan book and a clear path to profitability, expecting breakeven next year [3]. Group 2: Market Position and Investment Opportunity - Recent stock price weakness is attributed to profit-taking in high-beta outperformers and cautious guidance, rather than fundamental business concerns, presenting an attractive investment opportunity [3][4]. - Grab's efforts to make services more affordable are expected to enhance user adoption and market reach, making it a good opportunity for investors interested in emerging markets for fiscal year 2026 [4]. Group 3: Service Offering - Grab operates a superapp in Southeast Asia, providing services across deliveries, mobility, and digital financial services, serving over 800 cities in multiple countries including Indonesia, Malaysia, and the Philippines [5].