Stifel Raises DoorDash (DASH) Price Target to $255 After Deliveroo Deal Completion

DoorDash, Inc. (NASDAQ:DASH) ranks among the stocks with the best earnings growth for the next 5 years. While retaining a Hold rating on DoorDash, Inc. (NASDAQ:DASH), Stifel boosted its price target on the company’s shares from $239 to $255 on October 24. The firm also maintained its estimates while it waits for more information regarding the impact and pace of the October 2 completion of the Deliveroo deal.

Prior to taking Deliveroo’s contribution into account, Stifel plans to acknowledge the acquisition’s impact during DoorDash’s upcoming earnings report, recognizing any potential upside to its 2026 projections.

Notably, the price target rise is based on Stifel’s forward-looking valuation model, which now extends next-twelve-months forecasts forward to the fourth quarter of 2025.

DoorDash, Inc. (NASDAQ:DASH) is a local commerce platform. It operates the DoorDash Marketplace and Wolt Marketplace, which connect merchants, consumers, and independent contractors across more than 30 countries.

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Disclosure: None. This article is originally published at Insider Monkey.