BTIG Rates DoorDash (DASH) buy, $225 Price Target
BTIG analyst Jake Fuller reiterated a buy rating on DoorDash, Inc. with a target price of $225 on June 12, 2026, a 31.06% upside from the current price.
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BTIG rated DoorDash, Inc. ($DASH) "buy" with a $225 price target on June 12, 2026.
Since the rating, $DASH is up 14.3% after 1 week, up 25.9% after 1 month and up 25.6% to date (from the $150.58 close on Jun 12, 2026).
Key Points
- BTIG reiterated its buy rating on DoorDash, Inc. (DASH) with a target price of $225, reflecting confidence in the company's growth.
- BTIG's $225 price target implies 31.06% upside from DoorDash, Inc.'s ($DASH) current $171.68 share price.
- The stock closed at $171.68 on the day of the rating, significantly below its 52-week high of $269.00.
- Analysts remain optimistic about DoorDash, with a consensus target mean price of $257.37 from 42 analysts.
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BTIG Confirms Positive Outlook for DoorDash
BTIG analyst Jake Fuller reiterated a buy rating on DoorDash, Inc. (DASH) with a target price of $225 on June 12, 2026. This move comes as the stock trades at $171.68, well below its 52-week high of $269.00, suggesting potential upside for investors. The reaffirmation of the rating highlights BTIG's confidence in DoorDash's business model and growth potential.
Comparing Wall Street's Views
BTIG's reiteration aligns with other analysts' positive sentiments about DoorDash. Guggenheim also maintains a buy rating with a target of $255, while Cantor Fitzgerald has an overweight rating with a target of $240. Wells Fargo, on the other hand, has an equal-weight rating, adjusting its target to $230. The consensus among 42 analysts places the mean target price at $257.37, indicating a favorable outlook for the stock.
Stock Positioning
DoorDash shares are currently trading at $171.68, which is significantly lower than its 50-day moving average of $205.69. The stock's performance reflects a recovery opportunity, especially given its previous high of $269.00. Investors may view the current price as an attractive entry point, considering the optimistic analyst targets.
$DASH price target
DoorDash, Inc. daily closes and this analyst's $225 target. Not advice.
Recent Earnings
DoorDash reported revenue of approximately $15.89 billion, with a revenue growth rate of 35.6%. The company achieved an EPS of $1.90 and a net margin of 5.29%. The next earnings report is scheduled for November 4, 2026, which could provide further insights into the company's ongoing performance and strategy.
Earnings drift grade
Outlook vs expectations on the last report — not price action.
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Forward outlook
5 target cuts vs 2 raises.
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EPS & revenue
EPS beat estimates by 13.0%. Revenue missed estimates by 4.5%.
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Profit surprise
EBITDA missed by 39 percent. Operating income beat by 24 percent.
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Pre-earnings setup
Bar was high, analysts already very bullish.
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Analyst signal
2 target raises, 5 target cuts.
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Earnings quality
Operating margin down 1.4 points. Negative free cash flow.
Earnings Call Summary
Q1 revenue came in at 4.04 billion dollars, missing the 4.23 billion dollar consensus by about 190 million dollars, though EPS beat at 42 cents versus 38 cents expected. Management credited monthly active users hitting record highs, subscription engagement accelerating, and strong international momentum, especially at Deliveroo and Bolt. CEO Tony Xu emphasized the company is building end-to-end shopping experiences with AI, expanded Dasher Fulfillment Services for grocery accuracy, and grew advertising to record levels. New verticals like grocery are trending toward gross profit breakeven in the second half with improving unit economics as cohorts grow their basket sizes over time.
Guidance DoorDash reaffirmed its full year outlook for EBITDA margins to be slightly higher than 2025, excluding restaurant unit economics. Management said they expect the second half EBITDA to be higher than the first half, with similar margins to what was planned at the start of the year. The company noted a 50 million dollar gas rewards program impact in the quarter and said they may extend it, but plan to offset it with other cost moves.
Very weak report. The release materially worsened the forward outlook.
What DoorDash, Inc. Does
DoorDash, Inc. operates a platform that connects consumers with merchants and delivery drivers, known as dashers. It offers services like customer acquisition and payment processing, making it a key player in the online food delivery space. The company's diverse offerings position it well for continued growth in the consumer cyclical sector.
What's Ahead for DoorDash, Inc.
Investors should keep an eye on DoorDash's upcoming earnings report on November 4, 2026, as it will provide insights into the company's financial health. With BTIG and other analysts maintaining positive ratings, the outlook for DoorDash appears optimistic, though the 13F filings will reflect past positions and may not indicate current investor sentiment.
Source: BTIG's rating change on $DASH (Jun 12, 2026). Written by software, not financial advice. How we make alerts
