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Dash Climbs 1.13% After Guggenheim Maintains 'Buy' Recommendation and New Partnerships Boost Confidence

Dash Climbs 1.13% After Guggenheim Maintains 'Buy' Recommendation and New Partnerships Boost Confidence

Bitget-RWA2025/11/21 00:44
By:Bitget-RWA

- Guggenheim reaffirms DoorDash's "Buy" rating with a $280 target, citing strategic expansion and growth potential. - DoorDash's partnerships with TKO Group and Kroger boost market position through sports/digital content and retail delivery. - 27.3% revenue growth and automation investments in U.S./Europe underscore resilience amid competitive delivery landscape. - Analysts highlight Wolt integration and non-restaurant segments as critical for sustaining 31%+ upside potential. - Regulatory risks and gig wo

Guggenheim Partners has reiterated its “Buy” recommendation for

(NYSE: DASH), maintaining a price objective of $280.00. This reflects ongoing optimism about the company’s strategic growth initiatives and its prospects for sustained expansion. Analyst Taylor Manley reaffirmed this outlook on November 19, 2025, emphasizing DoorDash’s leading position in the food and grocery delivery sectors and its ambitious entry into additional markets. This update comes alongside new collaborations, such as a partnership with TKO Group to provide WWE and UFC experiences, and a notable surge in call option trading activity.

Analysts Anticipate Robust Growth as Expansion Continues

Dash Climbs 1.13% After Guggenheim Maintains 'Buy' Recommendation and New Partnerships Boost Confidence image 0
Experts believe DoorDash’s focus on expanding into grocery and retail delivery will be a major factor in driving future earnings. The acquisition of Wolt in 2022 is seen as a significant but underrecognized catalyst, giving DoorDash a foothold in European and Asian markets. Guggenheim’s continued $280.00 price target suggests a possible gain of more than 31% from current prices, in line with the “Outperform” consensus from 47 analysts covering the stock.

Although DoorDash’s shares recently experienced a 24.7% decline over a week, the stock has rebounded with a 39.28% rise in the past month and a 94.36% increase over the last year. These results highlight investor confidence in DoorDash’s ability to compete in a challenging delivery market and respond to evolving consumer demands.

Strategic Partnerships and Market Strength Boost Investor Confidence

The new alliance with TKO Group, revealed on November 20, further strengthens DoorDash’s position in the market. As the exclusive on-demand delivery partner for WWE and UFC, DoorDash is now associated with major sporting events and digital content, boosting its brand presence and customer interaction. Additionally, Kroger’s move to broaden its collaboration with DoorDash for fast delivery services points to rising interest in last-mile solutions within retail. These initiatives reflect a wider industry shift, with delivery platforms branching out beyond just food orders.

The company is also advancing in autonomous delivery technology. While Uber has teamed up with Starship Technologies to introduce robot deliveries in the UK, DoorDash has piloted similar systems in the U.S. and intends to expand these efforts in Europe. Such investments in automation are considered vital for maintaining competitiveness and managing operational costs.

Market Response and Prospects Ahead

Guggenheim’s renewed “Buy” rating is likely to spark fresh interest among investors, especially as the broader market expects positive changes in the delivery industry. This endorsement is backed by DoorDash’s latest financial results, which showed a 27.3% year-over-year increase in revenue, even though earnings fell short of projections. The figures demonstrate DoorDash’s capacity to grow while keeping financial discipline.

Looking forward, analysts will monitor how well DoorDash can maintain momentum in non-restaurant delivery categories and successfully integrate acquisitions like Wolt. The company’s future performance will also hinge on its ability to address regulatory challenges, particularly those related to gig worker status and data protection.

As the delivery industry continues to transform, DoorDash’s targeted investments and expanding network of partnerships make it a prominent contender in the sector. With strong institutional support from Guggenheim and a healthy balance between growth and profitability, DoorDash is well-placed to benefit from the ongoing trend toward on-demand services in 2025 and beyond.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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