Grab Holdings' (NASDAQ: GRAB) 2025 and early 2026 price pullback were not unwarranted, as merger and growth concerns emerged. However, trading at 40X this year’s earnings and approximately 2X the 2035 consensus, GRAB presents a deep-value opportunity in a stock poised to rebound.
The price pullback was due to a merger with Indonesian ride-share competitor Go To, which has yet to be finalized, as well as potential for significant legislative change in Indonesia. Such changes would limit profit potential in one of Grab’s largest markets.
