Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
DASH Drops 5.53% Over the Past Day While Experts Maintain Buy Recommendation

DASH Drops 5.53% Over the Past Day While Experts Maintain Buy Recommendation

Bitget-RWA2025/11/21 05:38
By:Bitget-RWA

- DASH fell 5.53% in 24 hours but gained 81.56% year-to-date, showing volatile resilience. - Guggenheim and Wolfe Research reaffirmed "Buy" ratings, citing DoorDash's market leadership and expansion into grocery/entertainment delivery. - Strategic partnerships (TKO Group, Wolt) and autonomous delivery pilots position DoorDash as a logistics innovator amid competitive tech-driven shifts. - Institutional investors like SYON Capital increased stakes, while 47 brokerages maintain "Outperform" ratings with $278

As of November 21, 2025,

ended the trading day at $68.66, reflecting a 5.53% decrease over the past 24 hours and a 19.55% drop over the previous week. In contrast, the stock has surged 30.11% in the last month and is up 81.56% since the start of the year. These contrasting timeframes illustrate the delivery platform’s turbulent yet persistent growth pattern. The most recent daily decline comes amid heightened market attention and a shift in investor attitudes following recent strategic decisions and external developments.

Analysts Maintain Positive Stance on DASH

On November 19, 2025, Guggenheim Partners reiterated its “Buy” recommendation for DASH, keeping its price target at $280.00. This action highlights the firm’s belief in DoorDash’s ability to execute its long-term strategy and achieve sustained growth. Analyst Taylor Manley pointed to DoorDash’s dominant market position and its ongoing expansion into grocery and retail delivery as primary factors for future success. Guggenheim’s continued endorsement stands in contrast to the recent price weakness, indicating the firm sees short-term fluctuations as opportunities rather than signs of lasting trouble.

DASH Drops 5.53% Over the Past Day While Experts Maintain Buy Recommendation image 0
Wolfe Research also named DASH as a leading internet stock pick for the end of the year, forecasting further upside in EBITDA projections and sustained revenue growth. The firm credited DoorDash’s broadening delivery network, strategic alliances, and strong market standing as central to its long-term prospects.

Strategic Alliances and Market Growth

DoorDash’s latest partnership with TKO Group has strengthened its role in major entertainment and sports events. The agreement gives

access to WWE and UFC content, including live shows and broadcasts, positioning the company as a significant player in event-focused delivery services. This move supports DoorDash’s broader strategy to diversify its revenue beyond traditional food and grocery segments.

The 2022 acquisition of Wolt has also expanded DoorDash’s reach internationally and is increasingly seen as a strategic benefit. Despite facing recent obstacles such as a data breach and regulatory questions about gig worker status, DoorDash continues to receive favorable analyst attention for its global expansion and advancements in delivery logistics.

Competitive Environment and Delivery Technology

DoorDash is not the only company advancing autonomous delivery. Uber recently revealed a collaboration with Starship Technologies to introduce sidewalk robot deliveries in select UK locations, marking a significant step in its hybrid delivery approach. At the same time, DoorDash has tested robotic deliveries with Coco Robotics in Helsinki and aims to roll out this model across the United States.

The growing use of autonomous delivery solutions signals a broader industry trend toward tech-driven efficiency. DoorDash’s early moves in this area, together with its expanding international presence, help secure its position as a leader in the evolving delivery sector.

Market Response and Institutional Support

Although DASH has experienced recent losses, institutional investors remain upbeat. SYON Capital raised its investment in DASH to $69.68 million, representing 3.7% of its reported assets under management as of November 6, 2025. This increase reflects institutional trust in DoorDash’s ability to overcome current hurdles and sustain long-term progress.

Analyst sentiment also remains largely favorable, with 47 brokerage firms maintaining an “Outperform” rating and an average price target of $278.16, suggesting more than 31% potential upside from current prices. Despite ongoing market volatility, continued support from leading analysts and institutional investors indicates that DoorDash’s core strengths remain solid.

Summary

Even with the recent downturn in share price, DASH continues to enjoy strong analyst endorsements and strategic momentum. The reaffirmed “Buy” ratings from Guggenheim and Wolfe Research demonstrate sustained confidence in DoorDash’s long-term outlook. With ongoing market expansion, technological advancements, and backing from major investors, DoorDash remains a prominent force in the delivery sector. Investors should keep an eye on upcoming earnings releases and strategic updates for more insight into the company’s future direction.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!