Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert & block trade
Convert crypto with one click and zero fees
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Bullish Experts Face Off Against Legal Challenges Amid DoorDash’s Growth

Bullish Experts Face Off Against Legal Challenges Amid DoorDash’s Growth

Bitget-RWA2025/10/30 23:08
By:Bitget-RWA

- Analysts upgrade DoorDash (DASH) with $272–$340 price targets, citing market leadership and strategic innovations like Wolt acquisition and drone delivery. - Short-seller claims about ITIN worker onboarding and profit model fragility spark regulatory risks, while a lawsuit alleges illicit THC deliveries. - DoorDash counters with CSR initiatives (e.g., free meals for SNAP recipients) and expanded partnerships with Kroger/Uber Eats to strengthen public perception. - Market uncertainty persists amid Fed rat

DoorDash (DASH) shares have regained strength as a series of analyst upgrades and increased price targets point to renewed optimism in the delivery leader. On October 27, 2025, Barclays resumed coverage with an Equal-Weight rating and set a $272 price target in a

, joining Goldman Sachs, which issued a more bullish $315 target and a "Buy" rating in . These updates come after several recent upgrades, such as Truist Securities boosting its target to $340 and Morgan Stanley to $330, indicating a growing consensus that DoorDash’s industry dominance and strategic moves are positioning it for sustained expansion.

The stock has hovered around $254.59, with analysts forecasting an average price target of $303.27—suggesting a 19.12% potential upside, according to the Barclays note. This positive outlook is driven by DoorDash’s global expansion through its 2022 acquisition of Wolt and its entry into drone delivery, as highlighted in the Barclays reinstatement. Goldman Sachs analysts emphasized the company’s favorable 3:1 risk/reward profile and strong financials, including a 50.04% gross margin and $11.895 billion in annual revenue, as detailed in

.

Bullish Experts Face Off Against Legal Challenges Amid DoorDash’s Growth image 0

Yet, the optimistic outlook faces some challenges. Short-seller Culper Research recently accused

of using a "backdoor" process to bring on unauthorized workers with Individual Taxpayer Identification Numbers (ITINs), potentially exposing the company to regulatory issues, according to . The firm also claimed that a 10-11% increase in Dasher pay would wipe out all of DoorDash’s adjusted EBITDA for 2024, highlighting the vulnerability of its current profit structure in that report. DoorDash has labeled these allegations as "fraudulent," but is also facing a separate lawsuit from Virginia-based cannabis company Dalitso LLC, which alleges the platform enabled the delivery of illegal THC products, as reported in .

Despite these obstacles, DoorDash has shown resilience in the market. Shares climbed 4.8% after the short-seller report, and the company has increased its focus on corporate social responsibility to improve its public image. In November, DoorDash eliminated delivery fees for 300,000 SNAP recipients and pledged to provide one million free meals through its Project

initiative, as noted in . The company also broadened its collaborations with Kroger and Uber Eats, bringing restaurant delivery to grocery apps and ramping up competition with Instacart, according to .

The overall market backdrop remains uncertain. The Federal Reserve’s reluctance to lower interest rates has kept volatility elevated, as shown in the

, and DoorDash’s upcoming earnings release on October 30 may offer more insight. Analysts will be looking for evidence that the company’s strategic investments, such as its integration with Deliveroo, are leading to lasting growth, as Goldman Sachs has pointed out.

With shares trading near $264.30, investors are weighing the risks of regulatory challenges against the opportunities presented by DoorDash’s expanding reach. With 39 analysts setting an average target of $303.27, the possibility of reaching the high-end estimate of $360 remains, though not without significant challenges, as referenced in the earlier Barclays reinstatement.

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!

You may also like

Ethereum News Update: Blockchain Transforming Financial Systems—RWAs Projected to Reach $2 Trillion by 2028

- Standard Chartered forecasts Ethereum to lead $2T RWA market by 2028, driven by DeFi growth and stablecoin liquidity. - JPMorgan, Oracle, and IPDN accelerate RWA tokenization via blockchain infrastructure, with $9.6B already issued on Ethereum. - Institutional tools like Oracle's Data Nexus and IPDN's global RWA Exchange aim to bridge traditional markets with blockchain rails. - $30B RWA market growth faces regulatory hurdles, but DeFi's resilience challenges traditional finance amid rising ETF liquidity.

Bitget-RWA2025/10/31 06:52
Ethereum News Update: Blockchain Transforming Financial Systems—RWAs Projected to Reach $2 Trillion by 2028

Solana News Update: Pacifica Token Rises in Bid to Break Free From Solana's Price Fluctuations

- Pacifica, a Solana-based perpetual trading platform, increased weekly token distribution to 10 million starting October 30, 2025, to boost user engagement and reward traders. - The update follows a technical upgrade and a 20x multiplier on user points, alongside a new VIP program offering fee discounts and invitation rebates to active traders. - With $38B+ cumulative trading volume and $5B+ weekly volume, Pacifica aims to decouple from Solana's volatility by prioritizing high-frequency rewards and tiered

Bitget-RWA2025/10/31 06:36
Solana News Update: Pacifica Token Rises in Bid to Break Free From Solana's Price Fluctuations

Bitcoin Updates: Markets Tread Delicate Balance as Fed Remains Cautious, Crypto Prices Fluctuate, and Trade Agreements Remain Unstable

- Fed's cautious policy and unresolved trade tensions weigh on crypto markets, with Bitcoin below $108,000 amid $1.1B in liquidations. - Trump-Xi trade truce reduces U.S. tariffs to 47% but fails to fully address fentanyl issues, limiting bullish market reactions. - Crypto regulatory clarity emerges as Senate CFTC bill expands oversight, while institutions deepen digital asset integration. - Market stability remains fragile as Fed delays confirm policy uncertainty, complicating crypto recovery despite long

Bitget-RWA2025/10/31 06:36
Bitcoin Updates: Markets Tread Delicate Balance as Fed Remains Cautious, Crypto Prices Fluctuate, and Trade Agreements Remain Unstable

ProPetro's Third Quarter: Declining Completions and Growth in Power Sector Lead to Varied Outcomes

- ProPetro reported $294M Q3 revenue (-10% QoQ) with a narrowed $2M net loss, driven by core completions sector challenges and Pro Power segment growth. - Pro Power secured 60MW data center contract, expanding to 150MW contracted capacity with 750MW 2028 target, supported by $350M leasing facility. - Completions revenue fell 18.6% to $293.9M amid 70 active Permian frac fleets (down from 90-100), though costs dropped 44.4% improving margins. - $270M-290M 2025 CAPEX allocates $190M to Pro Power, with shares

Bitget-RWA2025/10/31 06:36
ProPetro's Third Quarter: Declining Completions and Growth in Power Sector Lead to Varied Outcomes