Susquehanna Says DoorDash (DASH) Delivered Better-Than-Feared Q1 Performance

On May 8, Susquehanna lowered its terms proposal connected DoorDash, Inc. (NASDAQ:DASH) to $225 from $250. It reiterated a Positive standing connected the shares. The steadfast updated its exemplary aft what it described arsenic better-than-feared Q1 results.

On May 11, Rothschild & Co Redburn raised its terms people connected DASH to $350 from $300 and kept a Buy standing connected the stock. The expert said the company’s maturation implicit the adjacent decennary is expected to travel much from deeper penetration wrong its existing U.S. edifice basal alternatively than enlargement into caller verticals. In a probe enactment to investors, the steadfast said DoorDash’s determination into in-store edifice exertion “unlocks a full addressable marketplace doubly the size of retail, with structurally higher margins and a wider moat.”

Rothschild besides expects DoorDash to rotation retired its in-store edifice exertion crossed the US successful 2026. The steadfast believes the concern could yet make nett dollars worthy 3 times the company’s full projected 2025 publication profit.

DoorDash, Inc. (NASDAQ:DASH) provides services designed to trim friction successful section commerce and assistance merchants link with consumers successful their communities. Its main offerings see the DoorDash Marketplace and Wolt Marketplace, unneurotic referred to arsenic the Marketplaces, arsenic good arsenic its Commerce Platform.

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