Grab Holdings dips below key support but remains a buy on strong growth and valuation appeal.

Grab Holdings has fallen below its previous technical support level due to commission rate changes in Indonesia. Despite this, management maintains a strong outlook for fiscal year 2026, driven by growth in financial services and GrabMart. The company’s expanding free cash flow and solid balance sheet support its ability to continue profitable growth through internal investments and acquisitions. The stock’s lower EV/EBITDA ratio and oversold technical indicators suggest a good buying opportunity, though short-term risks remain from macroeconomic and geopolitical uncertainties.