BUZZ-DoorDash climbs on strong Q1 order forecast

Reuters

02/19

** Shares of food delivery platform DoorDash DASH.O up 12% at $194.70 premarket

** Co on Wednesday forecast Q1 marketplace gross order value (GOV) above Wall Street expectations, supported by steady demand and rapid expansion in grocery, retail and international markets

** Expects total value of orders placed through its platform in the range of $31 billion to $31.8 billion in Q1, above estimates of $29.61 billion

** Co's GOV for the quarter ended December 31 rose 39% to $29.68  billion, beating estimates of $27.65 billion

** 36 of 47 brokerages rate the stock "buy" or higher, 11 "hold"; their median PT is $275 - data compiled by LSEG

** As of last close, stock down 23.26% YTD

(Reporting by Kanishka Ajmera in Bengaluru)

((mail to: Kanishka.Ajmera@thomsonreuters.com))

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their median PT is $275 - data compiled by LSEG</p><p>** As of last close, stock down 23.26% YTD</p><p> (Reporting by Kanishka Ajmera in Bengaluru)</p><p> ((mail to: Kanishka.Ajmera@thomsonreuters.com))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4505","symbol_name":"高瓴资本持仓","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260219:nL6N3ZF0HJ:1","article_id":"2612228405","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2612228405","pubTimestamp":1771494655,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"BUZZ-DoorDash climbs on strong Q1 order forecast      ** Shares of food delivery platform DoorDash DASH.O up 12% at $194.70 premarket** Co on Wednesday forecast Q1 marketplace gross order value  above Wall Street expectations, supported by steady demand and rapid expansion in grocery, retail and international markets     ** Expects total value of orders placed through its platform in the range of $31 billion to $31.8 billion in Q1, above estimates of $29.61 billion** Co's GOV for the quarter ended December 31 rose 39% to $29.68 billion, beating estimates of $27.65 billion** 36 of 47 brokerages rate the stock \"buy\" or higher, 11 \"hold\"; 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their median PT is $275 - data compiled by LSEG** As of last close, stock down 23.26% YTD (Reporting by Kanishka Ajmera in Bengaluru) ((mail to: Kanishka.Ajmera@thomsonreuters.com))","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}