$DASH

24 stories mentioning DASHUpdated 13d ago

Every FINWIRES story that references DASH, newest first.

Uber Technologies' Delivery Hero Deal Could Boost Growth, Profit, UBS Says

Uber Technologies' (UBER) planned Delivery Hero purchase could expand its delivery business, deliver more than $1.2 billion in yearly savings, improve margins after closing and lift earnings, though regulatory approval remains the main risk, UBS said in a note emailed Friday.UBS said Uber has a strong chance of gaining control of Delivery Hero because Prosus plans to sell its stake and Delivery Hero's board supports the offer.The firm said the deal could increase Uber's user base by about 25% and gross bookings by about 22%, strengthening its position against DoorDash (DASH) and other delivery platforms.Uber's $1.2 billion annual savings target appears achievable and may be conservative, helped by combining platforms, removing repeated costs and selling more services to existing customers, while Delivery Hero's Talabat business, planned asset sales and further cost cuts should help Uber recover margins quickly after the deal closes, the firm said.The transaction could add to adjusted earnings per share after its expected closing in H2 2027 and raise adjusted earnings before interest, taxes, depreciation, and amortization by a high-single-digit percentage by the third year, according to the note.UBS kept Uber's buy rating and $110 price target.Price: $71.77, Change: $-2.27, Percent Change: -3.07%

$DASH$UBER

Wire20d ago

US Senator Blumenthal Calls on FTC to Stop Food Delivery Apps' 'Deceptive' Fees

US Senator Richard Blumenthal on Friday called on the Federal Trade Commission to stop food delivery applications from imposing allegedly "undisclosed, deceptive" fees on consumers.In a post on social media platform X, Blumenthal claimed that the said fees raise food prices by an average of 80%.The FTC did not immediately respond to' request for a comment.Price: $75.53, Change: $+1.18, Percent Change: +1.59%

$CART$DASH$UBER

US Markets22d ago

Domino's Quarterly Results Likely Impacted by Macro Pressures, Promotions, UBS Says

Domino's Pizza (DPZ) is expected to post soft second-quarter results due to economic headwinds and increased promotional activity across the pizza category, UBS Securities said in a note emailed Wednesday.The brokerage expects Domino's US same-store sales to fall 1.5% in the second quarter, compared with consensus expectations that UBS put at 0.3% growth. UBS forecasts the pizza restaurant operator's earnings per share at $3.91, lower than Wall Street's expectation of $4.23.Soft consumer spending and heightened promotional competition will likely offset the impact of sales initiatives, including those focused on value, and third-party contributions, UBS analyst Dennis Geiger said.Crude and gasoline prices soared in the aftermath of the Iran war, souring consumer sentiment. Energy prices have come down as the US and Iran engaged in talks and agreed to a memorandum of understanding to end their war in June.Earlier this year, Domino's Pizza reported weaker-than-expected first-quarter results as consumer uncertainty and inflation weighed on demand late in the quarter. It is scheduled to report second-quarter financials July 20.The company said last month Chief Operating Officer Joe Jordan will succeed Russell Weiner as chief executive later this year.UBS projects a 0.2% increase in US comparable sales for the full year."While near-term headwinds are likely to persist and comparisons are getting tougher into (the second half), we anticipate sequential recovery over the longer-term," Geiger added.Promotional offerings and expansion of its DoorDash (DASH) partnership will help drive a long-term recovery, UBS said.The company's valuation offers an attractive risk-reward profile backed by expected market share gains despite economic uncertainty, according to the note.UBS reiterated its buy rating on Domino's stock and kept the price target unchanged at $375.Domino's shares closed 3.4% lower on Wednesday. The stock has lost 27% so far this year.Price: $303.15, Change: $-10.00, Percent Change: -3.19%

$DASH$DPZ

US Markets36d ago

Dollar General's Core Consumer Remains Resilient Despite Inflation Pressures, Truist Says

Dollar General's (DG) core lower- and middle-income consumers are under pressure amid sticky inflation and higher gas prices, but continue to show resilience, Truist Securities said in a Wednesday note.Dollar General's consumer base continues to be steady and manage budgets despite inflation and periods of stress, Truist analyst Scot Ciccarelli said. Continued employment is a key factor driving this strength and shopping behavior, the analyst added."Most importantly, this customer is also still employed, which is the single biggest driver to shopping behavior, even as the recent drop in gas prices (if sustained) should also help at the margin," Ciccarelli wrote.Dollar General is also benefiting from "trade-in" activity from higher- and upper-middle-income shoppers, attracted by its value and convenience proposition, the brokerage said. Third-party delivery services are further expanding its reach, helping bring in more higher-income customers."While still a small part of the base, Dollar General's highest income customers are their fastest growing cohort," the note added.Dollar General remains "very comfortable" with its competitive pricing and positioning, Truist said, noting that its prices are within about 3%-5% of mass retailers like Walmart (WMT).The brokerage maintained its Hold rating and $114 price target on Dollar General.

$DASH$DG$UBER

Wire44d ago

DoorDash Users Report Problems

There were 36,000 reports by users experiencing problems with DoorDash (DASH) as of 10:27 a.m. ET, according to Downdetector.Price: $170.99, Change: $+2.90, Percent Change: +1.73%

$DASH

Wire44d ago

DoorDash Users Report Problems, Downdetector Reports

$DASH

Wire78d ago

Urban Outfitters, DoorDash Enter On-Demand Retail Partnership

Urban Outfitters (URBN) said Wednesday it has entered a nationwide partnership with DoorDash (DASH) to expand into on-demand retail, particularly targeting Gen Z consumers.Consumers can now shop Urban Outfitters' fashion, beauty, and lifestyle products directly through DoorDash, the company said.The companies will roll out "Deliver Joy," a multi-touchpoint program with immersive activations, exclusive offers, and graduation-focused experiences nationwide, according to the statement.Price: $66.29, Change: $-0.72, Percent Change: -1.07%

$DASH$URBN

Wire83d ago

Susquehanna Adjusts Price Target on DoorDash to $225 From $250

DoorDash (DASH) has an average rating of overweight and mean price target of $249.57, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)Price: $166.42, Change: $-4.94, Percent Change: -2.88%

$DASH

Research84d ago

Research Alert: CFRA Maintains Buy Opinion On Shares Of Doordash, Inc.

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We lift our price target by $2 to $240, based on 30x our 2027 EPS view, just below DASH's three-year average (~32x) given competitive threats from AI and Uber Eats, offset by the company's dominant market position and positive network effects. We raise our 2026 adjusted EPS view by $0.10 to $5.63 and 2027's by $0.06 to $7.99. We are encouraged by DASH's Q2 Marketplace GOV guidance (+36% Y/Y), an encouraging result following relatively soft guidance for Q1, especially given fears of a weakening consumer. International sales continue to scale solidly, with Deliveroo accelerating to 14% Y/Y growth in Q1 vs. 7% growth in Q4 (we expect continued improvement all year). Margin pressure remains (adjusted EBITDA margin -20 bps Y/Y to 2.4%) but should fade as platform integration activities finish up early next year. Adjusted EBITDA guidance (midpoint of $820M) was above expectations ($742M), despite the company expecting another $50M gas relief charge, which should persist amid the Strait of Hormuz closure.

$DASH

Wire84d ago

DoorDash Re-Platforming On Track, Execution Intact, RBC Says

DoorDash (DASH) re-platforming investments appear to be on track so far and are not affecting execution, with Deliveroo showing acceleration across key metrics, RBC Capital Markets said in a Thursday note.The firm described Q1 as a solid, better-than-feared print, with stable GOV growth despite weather disruptions and margins holding up through the investment cycle.Along with its quarterly earnings, DoorDash's management highlighted meaningful progress on its global technology platform in Q1, with foundational infrastructure in place across payments, fraud, support, subscriptions, merchant tooling and logistics and live production traffic ramping across all three brands, RBC said.The brokerage said re-platforming remains a key investor concern but execution is tracking well so far and is not disrupting underlying business momentum.DoorDash guided Q2 marketplace gross order value between $32.40 billion and $33.40 billion, about 1.5% above Wall Street estimates at the midpoint, while its EBITDA range of $770 million to $870 million was about 1% below consensus, RBC said, adding that commentary suggesting only minor investment spilling into 2027 appears constructive.RBC kept its $270 price target, with an outperform rating.Shares of DoorDash were down more than 1% in Thursday trading.Price: $165.95, Change: $-2.03, Percent Change: -1.21%

$DASH

Wire84d ago

DA Davidson Adjusts Price Target on DoorDash to $200 From $224, Maintains Neutral Rating

DoorDash (DASH) has an average rating of overweight and mean price target of $248.79, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)Price: $167.50, Change: $-0.47, Percent Change: -0.28%

$DASH

Wire84d ago

DA Davidson Adjusts DoorDash Price Target to $200 From $224

DoorDash (DASH) has an average rating of overweight and mean price target of $248.79, according to analysts polled by FactSet.Price: $169.69, Change: $+1.72, Percent Change: +1.02%

$DASH

Wire84d ago

Stifel Adjusts Price Target on DoorDash to $193 From $185

$DASH

Wire84d ago

Gordon Haskett Adjusts Price Target on DoorDash to $196 From $201

DoorDash (DASH) has an average rating of overweight and mean price target of $248.59, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)Price: $173.41, Change: $+5.44, Percent Change: +3.24%

$DASH

Wire84d ago

UBS Adjusts Price Target on DoorDash to $214 From $206, Maintains Neutral Rating

$DASH

Asia Markets84d ago

Peace Deal Hopes, Strong Earnings Nudge US Equity Futures Higher Pre-Bell

US equity futures were slightly higher pre-bell Thursday as hopes for a finalized peace deal between the US and Iran continue, on top of a strong earnings season to date.Dow Jones Industrial Average futures were 0.2% higher, S&P 500 futures were up 0.1%, and Nasdaq futures were 0.1% higher.A final peace agreement would end the conflict and reopen the Strait of Hormuz, President Donald Trump said in a Truth Social post on Wednesday. The White House had said it was nearing an agreement with Iran that would end the war and establish a framework for more detailed nuclear negotiations, according to an Axios report.However, Trump said Iran's acceptance of the US proposal would be "perhaps, a big assumption," and warned that bombing would resume "at a much higher level and intensity than it was before" if an agreement was not reached. An Iranian foreign ministry spokesperson told CNBC on Wednesday that Iran was evaluating the proposal.Traders absorbed the most recent round of earnings, with Shell (SHEL) and McDonald's (MCD) posting higher Q1 adjusted earnings and revenue.Oil prices were lower, with front-month global benchmark North Sea Brent crude down 4.3% at $96.96 per barrel and US West Texas Intermediate crude 4.9% lower at $90.45 per barrel.The weekly jobless claims bulletin, released at 8:30 am ET, showed 200,000 new unemployment claims for the week ended May 2, compared with the upwardly revised figure of 190,000 in the prior week, and it came in below the 205,000 expected, according to estimates compiled by Bloomberg. Q1 nonfarm productivity increased at a 0.8% annual rate, topping forecasts for 0.6%, while unit labor costs increased 2.3%, compared with the 2.5% expected.The February and March construction spending reports are due at 10 am ET.Federal Reserve Minneapolis President Neel Kashkari, Cleveland President Beth Hammack, and New York President John Williams are slated to speak today.In other world markets, Japan's Nikkei closed 5.6% higher, Hong Kong's Hang Seng ended 1.6% higher, and China's Shanghai Composite finished 0.5% higher. Meanwhile, the UK's FTSE 100 was down 0.6%, and Germany's DAX index was 0.1% lower in Europe's early afternoon session.In equities, Tesla (TSLA) stock was up 1.9% after the company's China-made electric vehicle sales rose for the sixth consecutive month on a year-over-year basis, according to a Reuters report. DoorDash (DASH) shares rose 8.7% after the company posted Q1 earnings that topped analysts' consensus. Fortinet (FTNT) stock was up 17% after the company posted a stronger-than-expected jump in Q1 earnings and sales, as well as boosted its full-year 2026 guidance.On the losing side, Shell stock was down 1.8% after the company reported its Q1 financial results. ARM (ARM) shares fell 7% despite the company posting higher fiscal Q4 adjusted earnings and revenue.

Dow JonesNasdaq CompositeS&P 500$ARM$DASH$FTNT$MCD$SHEL$TSLA

US Markets84d ago

Stocks Rise Pre-Bell as Traders Monitor Developments on Potential US-Iran Peace Deal

US equity markets were moving higher before the opening bell Thursday as investors monitor the latest developments over a potential peace deal between the US and Iran.The S&P 500 and the Dow Jones Industrial Average were up 0.1% each, while the Nasdaq was slightly in the green in premarket activity. The indexes finished Wednesday trading higher, with the S&P 500 and the Nasdaq recording their highest close ever and biggest one-day percentage gains since April 8.President Donald Trump told reporters on Wednesday that the US has had "very good talks" with Iran over the past 24 hours, but said there's no deadline on when he expects Tehran to respond to a US proposal to end the war, according to CNN.American and Iranian officials are closing in on a one-page memorandum of understanding to end the war and establish a framework for nuclear negotiations, Axios reported Wednesday, citing sources.In a separate social media post on Wednesday, Trump said US operations against Iran will be "at an end" if Tehran agrees to US demands. "If they don't agree, the bombing starts, and it will be, sadly, at a much higher level and intensity than it was before," Trump said.Iran is expected to give mediators its response to the proposal on Thursday, a regional source told CNN.West Texas Intermediate crude oil dropped 2.2% to $93.03 a barrel before the open, while Brent decreased 2.1% to $99.14."A deal announcement would move futures further immediately, in fact even the potential of a deal is already triggering a decline in oil prices," Rystad Energy Chief Oil Analyst Paola Rodriguez-Masiu said in remarks emailed to. The physical market's recovery won't be as quick as the futures market predicts, Rodriguez-Masiu said, pointing to a six-to-eight-week lag between the strait reopening and oil flows normalizing.Treasury yields were down in premarket action, with the two-year rate retreating 2.3 basis points to 3.85% and the 10-year rate off 2 basis points to 4.33%.Shares of DoorDash (DASH) jumped 10% pre-bell after the food delivery company reported first-quarter earnings ahead of Wall Street's estimates. Warner Bros. Discovery (WBD) nudged 0.5% lower, while Snap (SNAP) fell 10% following their latest quarterly results.McDonald's (MCD), Sempra (SRE), Vistra (VST), Datadog (DDOG), Becton Dickinson (BDX), Tapestry (TPR) and US Foods (USFD) report their latest financial results before the bell, among others. Gilead Sciences (GILD), McKesson (MCK), Cloudflare (NET), Airbnb (ABNB), Monster Beverage (MNST) and CoreWeave (CRWV) are scheduled to announce their earnings after the markets close.Employers in the US announced 83,387 layoffs last month, up 38% from March, Challenger, Gray & Christmas said Thursday.Thursday's economic calendar also has the weekly jobless claims bulletin at 8:30 am.On Wednesday, ADP data showed that employment in the US private sector grew at its fastest pace in more than a year in April. The government's nonfarm payrolls report is out on Friday.Federal Reserve Bank of Minneapolis President Neel Kashkari is slated to speak at 1 pm, while Cleveland Fed President Beth Hammack speaks at 2:05 pm. New York Fed President John Williams' remarks are due at 3:30 pm.Gold increased 1% to $4,740 per troy ounce, while bitcoin declined 0.7% to $80,844.

Dow JonesNasdaq CompositeS&P 500$ABNB$BDX$CRWV$DASH$DDOG$GILD$MCD$MCK$MNST$NET$SNAP$SRE$TPR$USFD$VST$WBD

Research85d ago

Research Alert: Dash: Mixed Q1, But Outlook Calls For Continued Strong Momentum

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:DoorDash reported mixed Q1 2026 results, with revenue of $4.04B (+33% Y/Y) missing consensus expectations of $4.15B, while GAAP EPS of $0.42 beat the Street's $0.36 estimate despite a 5% Y/Y decline and $48M of restructuring charges. Marketplace GOV of $31.6B (+37%, +24% ex-Deliveroo) and adjusted EBITDA of $754M (+28%) both exceeded company guidance midpoints of $31.4B and $725M, respectively. Operational execution remained strong across key verticals, with U.S. grocery and retail segments attracting record new consumers while achieving improved unit economics and sustained GOV growth. Q2 guidance signals continued momentum with adjusted EBITDA expected at $820M (vs. Street $742M) and GOV of $32.9B (+36% Y/Y), an encouraging result after Q1's guidance fell short of expectations. We expect continued margin compression from Deliveroo integration costs and elevated platform investments, but we believe the margin headwinds are transitory as integration costs normalize and operational leverage improves.

$DASH

US Markets85d ago

DoorDash Tops First-Quarter Earnings Estimates Amid Record Membership Sign-Ups

DoorDash (DASH) late Wednesday reported first-quarter earnings ahead of Wall Street's estimates as the food delivery company achieved record membership sign-ups.Earnings per share fell to $0.42 during the March quarter from $0.44 a year earlier, while revenue advanced 33% to $4.04 billion. Analysts polled by FactSet expected EPS of $0.36 on revenue of $4.15 billion.DoorDash's shares surged 12% in after-hours activity. The stock is down about 26% since the start of the year through Wednesday's close."In (first quarter) 2026, continued product improvements and healthy consumer demand trends helped drive record membership signups, a new high for monthly active users, and strong consumer engagement across our marketplaces," the company said in a statement.Growth in DashPass members in the US accelerated, buoyed by sign-ups and reduced churn, according to the company. Internationally, DashPass, Wolt+ and Deliveroo Plus members also grew.DoorDash acquired UK-based food delivery company Deliveroo in October 2025.Marketplace gross order value -- the total value of all orders completed on its marketplaces, including taxes, tips and membership fees -- climbed 37% annually to $31.6 billion, above expectations for $31.50 billion.Orders grew 27% to 933 million, driven by an increase in the number of consumers, DoorDash said. The market was expecting 954.1 million in total orders.DoorDash forecast second-quarter marketplace gross order value between $32.40 billion and $33.40 billion, compared with market expectations of $32.43 billion.

$DASH

US Markets85d ago

Equity Markets Rise Intraday, Oil Plunges Amid US-Iran Peace Deal Optimism

US benchmark equity indexes were higher intraday, while oil prices tumbled as investors reacted to reports saying that Washington and Tehran are nearing a potential agreement to end the war.The Nasdaq Composite was up 1.6% at 25,726 after midday Wednesday, while the S&P 500 advanced 1.1% to 7,339.3. Both indexes were on track for back-to-back record-high closings. The Dow Jones Industrial Average rose 1% to 49,792.1.Among sectors, industrials was outperforming with a 2.2% gain, while energy saw the steepest drop of 4.1%.West Texas Intermediate crude was down 6.6% at $95.57 per barrel, while Brent slumped 7% to $102.20.The US is nearing a deal with Iran on a one-page memorandum of understanding to end their conflict in the Middle East and establish a framework for more detailed nuclear negotiations, Axios reported Wednesday, citing two US officials and two other sources familiar with the matter.The two countries are moving closer to an agreement on a short memorandum to end the war, CNN also reported, citing a regional source familiar with the negotiations."Traders in the US woke up to see some real excitement in the markets today caused by the (Axios) news," Macquarie said in a note. "The good news, for now, is that the same sources that leaked the existence of a deal to Axios said this was the closest the parties had been to an agreement since the war began."US President Donald Trump issued a fresh warning to Iran, saying the "bombing starts" again if a deal is not reached."Assuming Iran agrees to give what has been agreed to, which is, perhaps, a big assumption, the already legendary Epic Fury will be at an end, and the highly effective blockade will allow the Hormuz Strait to be open to all, including Iran," Trump said in a social media post.Iran said it is still reviewing the latest US proposal, according to news reports.US Treasury yields were lower intraday, with the 10-year rate down 7.4 basis points at 4.36% and the two-year rate falling 7.2 basis points to 3.88%.In company news, Advanced Micro Devices (AMD) shares surged nearly 17%, among the best performers on the S&P 500. Late Tuesday, the chipmaker reported stronger-than-expected first-quarter results as demand for artificial intelligence infrastructure pushed data center revenue higher year over year.Walt Disney's (DIS) fiscal second-quarter results came in ahead of market estimates Wednesday amid revenue gains across all business operations, while the media and entertainment giant reiterated its expectations for growth to accelerate in the second half. Disney's shares climbed 6.5%, the top performer on the Dow.Nvidia (NVDA) followed Disney on the Dow, up 4.5%. Specialty glass maker Corning (GLW) will boost its optical connectivity manufacturing capacity under a multiyear partnership with chipmaking giant to support AI factory buildouts. Corning shares jumped 14%.Arista Networks (ANET) shares tumbled 16%, among the worst S&P 500 performers. Late Tuesday, the cloud networking company issued a second-quarter revenue outlook slightly below market estimates.Arm (ARM), Applovin (APP), DoorDash (DASH) and Warner Bros. Discovery (WBD) are expected to report after the closing bell Wednesday, along with others.In economic news, employment in the US private sector grew at its fastest pace in more than a year in April, ADP (ADP) data showed."The uptick in private payroll gains from the ADP employment report not only suggests a stable labor market, but one that was potentially warming despite the outbreak of the war in Iran," Oxford Economics said in a note. "If this signal is echoed in the official measure on Friday, the unemployment rate is likely to fall given the low break-even rate, which we estimate is near zero."Data from the Bureau of Labor Statistics are expected to show Friday that the US economy added 65,000 nonfarm jobs last month, which would represent a fall from a 178,000 increase reported for March, according to a Bloomberg-compiled survey. The unemployment rate is seen unchanged at 4.3%.Gold rose 2.8% to $4,695.90 per troy ounce, while silver climbed 5.3% to $77.48 per ounce.

Dow JonesNasdaq CompositeS&P 500$ADP$AMD$ANET$APP$ARM$DASH$DIS$GLW$NVDA$WBD

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