Redburn-Atlantic Starts DoorDash Inc. (DASH) at Buy

Redburn-Atlantic analyst James Cordwell initiates coverage on DoorDash Inc. (NASDAQ: DASH) with a Buy rating and a price target of $170.00.

The analyst comments: "We launch coverage on DoorDash with a Buy rating and a $170 Y/E25 price target, offering 66% potential upside to the current price. With the greatest freedom to invest and best track record for driving share gains, we see the company as well-positioned to deliver industry-leading, above-consensus GTV growth with multiple levers to achieve above-consensus adjusted EBITDA. Despite this, the stock is broadly in line with peers on an FY26 EV/FCF basis, leaving it with a valuation that appears compelling."

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 $100.78 yesterday.

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