The scenario involves a DropDownList, which receives its data through OnRead at runtime asynchronously. The initial OnRead event that the component fires is not used, so the app calls Rebind() at some point. In this case, the component Value doesn't display until the user opens the dropdown. A possible workaround is to set the Value after the OnRead execution is complete.

https://blazorrepl.telerik.com/mfuUkwFR07p1jyo113