Susquehanna cuts DoorDash target to $225 while Rothschild raises it to $350 following better-than-expected Q1 performance.
DoorDash (DASH) received diverging price target updates after its Q1 results. Susquehanna lowered its target to $225 from $250 but maintained a Positive rating, citing better-than-feared quarterly performance.
Rothschild & Co Redburn raised its target to $350 from $300, keeping a Buy rating. The firm highlighted DoorDash’s potential growth from deeper U.S. restaurant penetration and its in-store restaurant technology, which could expand its addressable market significantly.
Rothschild expects the technology to roll out nationwide in 2026, potentially tripling profit dollars compared to the company’s 2025 contribution profit projections.