Citizens JMP raises DoorDash price target to $235, highlighting growth of AI advertising

From Yahoo Finance: 2025-06-25 15:08:00

DoorDash Inc. (NASDAQ:DASH) is considered one of the best consumer discretionary stocks to buy now, with Citizens JMP maintaining a Market Outperform rating and raising the price target to $235 from $225. The company recently acquired Symbiosys, an AI-powered advertising platform for $175 million, generating $1 billion in advertising revenue last year.

Citizens JMP reported that DoorDash’s global advertising income in 2024 exceeded $950 million, indicating a 1.2% penetration rate compared to Uber Eats’ 2%. DoorDash operates as one of the largest online food delivery companies in the US, with a delivery platform based in San Francisco. The company focuses on platform services, advertising, non-restaurant services, international restaurants, and US restaurants.

While DoorDash shows investment potential, some AI stocks may offer greater upside and lower downside risk. For those seeking undervalued AI stocks benefiting from Trump-era tariffs and onshoring trends, consider exploring other options. The company’s strategic emphasis on AI-powered advertising solutions highlights a shift towards growing this revenue stream.

Read more: Citizens JMP Raises DoorDash Price Target, Highlights AI Advertising Growth