Guggenheim lowered the firm’s price target on DoorDash (DASH) to $255 from $275 and keeps a Buy rating on the shares. With Q4 results and Q1 guidance suggesting stronger than previously anticipated Marketplace GOV trends, the firm raised top-line forecasts, though its 2026-2027 profit outlook is largely unchanged. The firm lowered its price target to reflect multiple contraction in-line with the broader tech sector, the analyst noted.
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Read More on DASH:
- DoorDash price target lowered to $275 from $300 at Morgan Stanley
- DoorDash: Sustained Growth and Improving 2026–2027 Profit Outlook Support Buy Rating Despite Near‑Term Margin Pressure
- DoorDash price target lowered to $221 from $251 at Wells Fargo
- DoorDash price target lowered to $220 from $238 at Barclays
- DoorDash price target raised to $272 from $260 at BofA