Why Are DoorDash Shares Surging Tuesday?
Why Are DoorDash Shares Surging Tuesday?
DoorDash Inc. (NASDAQ:DASH) shares are on the rise Tuesday following positive coverage from Wolfe Research. The firm initiated coverage with an Outperform rating and price target of $130, suggesting potential upside of about 24%.
DoorDash股份有限公司（纳斯达克股票代码：DASH）股价周二上涨，得益于Wolfe Research的积极报道。该公司开始给予超越市场预期（Outperform）的评级，并将价格目标定为130美元，暗示潜在上涨幅度约为24%。
What To Know: Wolfe Research analyst Shweta Khajuria highlighted DoorDash's strong position as a leading delivery platform with over 60% market share in the U.S. food delivery sector in a new note on Tuesday.
了解情况：Wolfe Research的分析师Shweta Khajuria在周二的一份新报告中，重点强调了DoorDash在美国外卖行业中占据超过60%的市场份额的强劲地位。
The order delivery company is expected to benefit from secular tailwinds in the underpenetrated market, driving sustainable growth through increased DashPass adoption, new verticals like grocery and retail and international expansion, according to Khajuria.
该订单交付公司有望从市场内的顺风车蓬勃发展所带来的优势中受益，在DashPass采用、进军新的垂直领域（如杂货和零售）以及国际扩张方面推动可持续的增长。
The Wolfe Research analyst sees potential for margin expansion and a clear path to GAAP profitability driving upside in the name. Khajuria expects DoorDash to achieve significant improvements in unit economics, advertising revenue growth and operational efficiency, which should contribute to meaningful free cash flow generation.
Wolfe Research的分析师认为，DoorDash有潜力扩张利润率，并有实现GAAP盈利的明确路径，这将推动该公司的上涨。Khajuria预计，DoorDash将实现单元经济学、广告收入增长和运营效率方面的显着改善，这将有助于产生有意义的自由现金流。
"Our OP rating is based on our view that DASH's fundamental outlook for this year and next remains healthy as the company's core US restaurant business continues to see healthy demand trends," the Wolfe Research analyst said.
“我们的超越市场预期评级是基于我们认为DASH今年和明年的基本前景仍然健康的观点，因为该公司的核心美国餐厅业务继续保持良好的需求趋势，”Wolfe Research的分析师说。
Despite the analyst's positive outlook, risks include competitive pressures, regulatory challenges and potential macroeconomic headwinds that could affect consumer discretionary spending.
尽管分析师持乐观态度，但风险包括竞争压力、监管挑战和潜在的宏观经济形势，可能影响消费者的自由支配支出。
DASH Price Action: DoorDash shares were up 2.64% at $108.44 at the time of publication, according to Benzinga Pro.
DASH价格动向：根据Benzinga Pro的数据显示，DoorDash股价在发布时上涨了2.64%，至108.44美元。
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Photo: Diego Thomazini from Shutterstock.
照片：来自Shutterstock的Diego Thomazini。