GRAB to Acquire Stash, Benchmark Keeps Buy Rating

Grab Holdings Limited (NASDAQ:GRAB) is one of the

. On February 12, Benchmark reiterated its Buy rating on Grab Holdings Limited (NASDAQ:GRAB) with a price target of $7 after the company reported its Q4 results.

Despite the company posting mixed results for the quarter, Benchmark sees the earnings release as an “overhang-clearing event,” saying the update helped remove uncertainty that had been weighing on the stock. Grab Holdings Limited’s (NASDAQ:GRAB) FY26 guidance was slightly below market expectations. However, the company’s management shared a 3-year plan aiming for $1.5 billion in adjusted EBITDA by FY28.

Benchmark believes this is achievable, pointing to Southeast Asia’s low market penetration and Grab Holdings Limited’s (NASDAQ:GRAB) ecosystem benefits. The research firm advised investors to take advantage of the recent weakness in the share price to invest in “one of the highest-quality platform assets in the region.”

On February 12, Grab Holdings Limited (NASDAQ:GRAB) also announced that it had signed definitive agreements to acquire Stash Financial, Inc., an American digital financial services company. After the deal closes, Grab Holdings Limited (NASDAQ:GRAB) aims to support Stash’s growth in the US while exploring ways to bring Stash’s investing products, including its AI Money Coach, to Southeast Asia over time. Based on its current performance and strategic plans, Stash is expected to deliver over $60 million in adjusted EBITDA in 2028.

Grab Holdings Limited (NASDAQ:GRAB) offers a superapp in Southeast Asia, providing services across deliveries, mobility, and digital financial services. The company serves millions of consumers in Cambodia, Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam.

While we acknowledge the potential of GRAB as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the

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