DoorDash is rated a buy with a 12-month price target of $187.68 due to its strong adjusted EBITDA growth of 28% year-over-year and significant operational improvements. Despite missing Q1 revenue expectations, the company showed robust growth in gross order volume and is expanding into new areas like grocery, retail, and autonomous delivery. Integration of Deliveroo and technology unification are expected to enhance margins and growth further. Current valuation multiples do not fully reflect DoorDash's market leadership and growth opportunities, making it an attractive investment.
The Touchstone Mid Cap Growth Fund (Class A Shares, Load Waived) outperformed its benchmark, the Russell Midcap Growth Index, for the quarter ended March 31, 2026. Key contributors to this strong performance included Vertiv Holdings, Ascendis Pharma,...
DoorDash introduced "Ask DoorDash," an AI chatbot that helps users order food and groceries using text prompts and photos, making the search process more conversational and personalized. The chatbot can interpret natural language requests, recipe lin...
