Grab: Sturdy GMV Acceleration Keeps Shares A 'Buy'

Grab offers a compelling opportunity as investors rotate into lagging names amid rising market dispersion. GRAB's Q2 results showed accelerating GMV and a post-earnings rebound, despite the stock being down over 25% YTD. I reiterate my "Buy" rating on GRAB, supported by upgraded FY26 guidance and improving growth at a reasonable valuation.