DoorDash's Strong Growth Signals Ambitious Long-Term Trajectory

1. DASH reported Q2 earnings of 65 cents, exceeding estimates significantly. 2. Quarterly revenue was $3.28 billion, higher than the expected $3.16 billion. 3. Wedbush's analyst raised price target from $190 to $200 with a Neutral rating. 4. Acquisitions of Deliveroo and SevenRooms announced, broadening DoorDash's market. 5. Future benefits from acquisitions may take longer to materialize, expected by late 2025.