DoorDash Inc. (DASH) PT Raised to $326 at Truist; 'Strong Momentum Accelerating'
Truist Securities analyst Youssef Squali raised the price target on DoorDash Inc. (NASDAQ: DASH) to $326.00 (from $272.00) while maintaining a Buy rating.
The analyst commented: "Firing on All Cylinders; 2Q Results/3Q Guide Show Strong Momentum Accelerating; We remain constructive on DASH following stellar 2Q25 results and a higher 3Q25 guide, driven by accelerating growth across users (MAUs and DashPassers) and orders, reflecting continuous product improvements in a large and growing TAM. DASH continues to grow scale across its 5 verticals, reflecting strong execution in driving retention, frequency, gross margins and a meticulous attention to unit economics. Core US restaurants, new verticals and int'l all grew double digits, helping deliver record AEBITDA with 3Q guidance reflecting more of the same. The Deliveroo acquisition will broaden DASH's geo footprint while SevenRooms should strengthen its commerce platform."