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DoorDash price target raised to $350 from $310 at Oppenheimer

Oppenheimer raised the firm’s price target on DoorDash (DASH) to $350 from $310 and keeps an Outperform rating on the shares. The firm cites 3P data and closing of Deliveroo acquisition. Separately, Oppenheimer is updating its model for Deliveroo, which is not in Street estimates. The firm expects Deliveroo GOV to accelerate in 2026 vs. the first half of 2025’s +8% on better marketing efficiency and lower take-rate.

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