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（納斯達克股票代碼：DASH）股價週二上漲，得益於Wolfe Research的積極報道。該公司開始給予超越市場預期（Outperform）的評級，並將價格目標定爲130美元，暗示潛在上漲幅度約爲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.
了解情況：Wolfe Research的分析師Shweta Khajuria在週二的一份新報告中，重點強調了DoorDash在美國外賣行業中佔據超過60%的市場份額的強勁地位。
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.
該訂單交付公司有望從市場內的順風車蓬勃發展所帶來的優勢中受益，在DashPass採用、進軍新的垂直領域（如雜貨和零售）以及國際擴張方面推動可持續的增長。
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的分析師認爲，DoorDash有潛力擴張利潤率，並有實現GAAP盈利的明確路徑，這將推動該公司的上漲。Khajuria預計，DoorDash將實現單元經濟學、廣告收入增長和運營效率方面的顯着改善，這將有助於產生有意義的自由現金流。
"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.
“我們的超越市場預期評級是基於我們認爲DASH今年和明年的基本前景仍然健康的觀點，因爲該公司的核心美國餐廳業務繼續保持良好的需求趨勢，”Wolfe Research的分析師說。
Despite the analyst's positive outlook, risks include competitive pressures, regulatory challenges and potential macroeconomic headwinds that could affect consumer discretionary spending.
儘管分析師持樂觀態度，但風險包括競爭壓力、監管挑戰和潛在的宏觀經濟形勢，可能影響消費者的自由支配支出。
DASH Price Action: DoorDash shares were up 2.64% at $108.44 at the time of publication, according to Benzinga Pro.
DASH價格動向：根據Benzinga Pro的數據顯示，DoorDash股價在發佈時上漲了2.64%，至108.44美元。
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Photo: Diego Thomazini from Shutterstock.
照片：來自Shutterstock的Diego Thomazini。