Mizuho Securities analyst James Lee maintains $DoorDash (DASH.US)$ with a buy rating, and maintains the target price at $173.
According to TipRanks data, the analyst has a success rate of 60.7% and a total average return of 12.8% over the past year.
Furthermore, according to the comprehensive report, the opinions of $DoorDash (DASH.US)$'s main analysts recently are as follows:
The firm recognizes DoorDash's robust quarter, highlighting the revenue outperformance, although noting a more modest increase in margins. Looking ahead to 2025, the firm has adjusted its projections for gross order volume, revenue, and EBITDA slightly upwards, reflecting a more optimistic outlook compared to previous estimates.
DoorDash reported a robust Q3 EBITDA and anticipates a vigorous Q4, bolstered by consistent expansion in the restaurant sector and sustained substantial growth in new industries and international markets, coupled with enhanced unit economics.
DoorDash's recent quarter's performance exceeded expectations with higher-than-anticipated Gross Order Value (GOV) and EBITDA projections, supported by sturdy consumer demand. The company's impressive GOV performance signals a positive trend in market share growth coupled with enhanced operating efficiency. Long-term prospects for DoorDash appear favorable, with potential growth opportunities as it expands into grocery delivery and advertising sectors.
Note:
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