{"id":576693,"date":"2026-08-06T16:30:09","date_gmt":"2026-08-06T16:30:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/576693\/"},"modified":"2026-08-06T16:30:09","modified_gmt":"2026-08-06T16:30:09","slug":"top-tech-analyst-mahaney-sees-45-upside-for-this-food-delivery-platform","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/576693\/","title":{"rendered":"Top tech analyst Mahaney sees 45% upside for this food delivery platform"},"content":{"rendered":"<p>DoorDash is seeing more orders, fueled by sky-high demand from its loyal subscribers, which should help its shares continue to bounce back, according to Evercore ISI. The investment bank rates DoorDash outperform and reiterated a $300 price target on the stock, suggesting 45% upside from Wednesday&#8217;s close. &#8220;Dash added more DashPass members than in the previous 24 months combined \u2026 [while] order growth accelerated at both Deliveroo (for the 3rd [consecutive] quarter) and at core Dash,&#8221; analysts led by Mark Mahaney said Thursday in a note to clients. &#8220;And per our analysis, the [second-half] marks an inflection point in terms of Dash recovering to consistent EBITDA Margin expansion. We see all these factors as key unlocks on DASH shares.&#8221; Shares of DoorDash have recently begun to outperform, up 27% in the past three months, but remain lower by 6% in all of 2026 thus far, hurt by concern over investments to expand overseas and in non-restaurant delivery services and drone technology. DASH YTD mountain Shares are down about 6% in 2026 DoorDash shared some updates during its second-quarter earnings report on Wednesday that suggest its strategy is starting to pay off. The San Francisco-based company said total orders grew almost 28% from a year ago, to 970 million, while gross order value rose 36% to $33.1 billion over the same period, as a loyal subscriber base relied on its services for grocery and restaurant deliveries. DoorDash posted second-quarter earnings of 46 cents per share , matching expectations of analysts polled by FactSet, down from 65 cents a share in the year-earlier period. Revenue of $4.45 billion topped analysts&#8217; $4.34 billion consensus estimate. The stock was up about 3% on Thursday in reaction to the results released postmarket Wednesday. Evercore ISI&#8217;s rating is in line with the Wall Street consensus, where 36 of 46 analysts rate DoorDash a buy or strong buy, LSEG data shows.<\/p>\n","protected":false},"excerpt":{"rendered":"DoorDash is seeing more orders, fueled by sky-high demand from its loyal subscribers, which should help its shares&hellip;\n","protected":false},"author":2,"featured_media":576694,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[114,357,75142,3313,85,942,46,1760],"class_list":["post-576693","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-business","tag-business-news","tag-doordash-inc","tag-earnings","tag-il","tag-investment-strategy","tag-israel","tag-stock-markets"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/576693","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=576693"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/576693\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/576694"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=576693"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=576693"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=576693"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}