DoorDash Misses On Q1 Sales But 2025 Order Outlook Sparks Price Target Hikes
1. DASH shares fell 6.14% after Q1 results missed expectations. 2. First-quarter revenue grew 20.7% but below 22.8% growth expectations. 3. GOV growth for Q1 was $23.1 billion, exceeding estimates of $22.9 billion. 4. Analysts maintain bullish outlook on long-term growth despite near-term pressures. 5. Acquisitions of Deliveroo and SevenRooms should enhance market capabilities.