TD Cowen Reiterates Buy Rating on DoorDash Inc. (DASH)

TD Cowen analyst John Blackledge reiterated a Buy rating and $225.00 price target on DoorDash Inc. (NASDAQ: DASH).

The analyst commented: "Strong Order Growth Drives GOV; EBITDA Margins to Ramp in 2H26; We expect GOV growth of 36% y/y (~22% PF) in 2Q, in-line with cons. We view YTD share underperformance as driven largely by margin concerns around tech re-platforming. We believe that DASH has a runway for continued strong rev growth & margin expansion, supported by rising order frequency, emerging G&R biz, and advertising & membership contribution. Est's unchanged; maintain $225 PT."

For an analyst ratings summary and ratings history on DoorDash Inc. click here. For more ratings news on DoorDash Inc. click here.

Shares of DoorDash Inc. closed at $187.79 yesterday.

You May Also Be Interested In

• Freedom Broker Downgrades Flexsteel (FLXS) to Hold
• Corporación América Airports S.A. (CAAP) Misses Q2 EPS by 18c
• Sk Hynix Union Is Finalising Wording Of Tentative Wage Deal, And Will Brief Its Members On The Terms This Afternoon- Reuters