Dash Rises 1.13% as Guggenheim Reaffirms 'Buy' Rating and Partnerships Drive Optimism

Guggenheim Partners has reaffirmed its “Buy” rating for DoorDash (NYSE: DASH) with a price target of $280.00, signaling continued confidence in the delivery platform’s strategic expansion and long-term growth potential. The updated stance, issued by analyst Taylor Manley on November 19, 2025, highlights DoorDash’s leadership in the food and grocery delivery space and its aggressive push into new markets. The move coincides with recent partnerships, including one with TKO Group to deliver WWE and UFC experiences, as well as a significant boost in call option trading volume.

Analysts Project Strong Growth Amid Strategic Expansion

Analysts view DoorDash’s strategic initiatives—particularly its expansion into grocery and retail delivery—as key drivers of future profitability. The company’s 2022 acquisition of Wolt has been identified as an underappreciated growth lever, providing access to international markets in Europe and Asia. With Guggenheim maintaining a $280.00 price target, it signals a potential upside of over 31% from current levels, aligning with the broader analyst consensus of “Outperform” from 47 brokerage firms.

Despite recent volatility—marked by a 24.7% drop over seven days—DoorDash’s stock has shown resilience, with a 39.28% increase over the past month and a 94.36% gain in the last year. These gains underscore the market’s confidence in the company’s ability to navigate a competitive delivery landscape and adapt to shifting consumer preferences.

Partnerships and Market Position Bolster Investor Sentiment

DoorDash’s recent partnership with TKO Group, announced on November 20, further solidifies its market position. As the official on-demand delivery partner for WWE and UFC, the company is now linked to high-profile sporting events and digital content, enhancing brand visibility and customer engagement. Additionally, Kroger’s decision to expand its partnership with DoorDash for rapid delivery services reflects growing demand for last-mile delivery solutions in the retail sector. These developments align with the broader trend of e-commerce and delivery platforms diversifying beyond traditional food orders.

The company is also making inroads in the autonomous delivery space. While Uber recently partnered with Starship Technologies to launch sidewalk robot deliveries in the UK, DoorDash has tested similar technology in the U.S. and plans to expand its use in Europe. These investments in automation are seen as crucial for maintaining efficiency and controlling costs in an increasingly competitive market.

Market Reaction and Future Outlook

Guggenheim’s reaffirmed “Buy” rating is expected to attract renewed investor interest, particularly with the broader market anticipating a favorable shift in the delivery sector. The firm’s stance is supported by DoorDash’s recent earnings report, which showed revenue growth of 27.3% year-over-year, despite missing earnings estimates. This performance indicates the company’s ability to scale while maintaining financial discipline.

Looking ahead, analysts will be closely watching DoorDash’s ability to sustain growth in non-restaurant delivery segments and integrate acquired businesses like Wolt into its operations. The company’s long-term success will also depend on its ability to navigate regulatory scrutiny, particularly around gig worker classification and data privacy issues.

As the delivery market continues to evolve, DoorDash’s strategic investments and expanding partnerships position it as a key player in the race for delivery dominance. With institutional backing from Guggenheim and a strong balance of growth and profitability, the company appears well-positioned to capitalize on the ongoing shift toward on-demand convenience in 2025 and beyond.