美国银行证券将 DoorDash 目标价格提高至 155 美元，理由是强劲的增长和利润状况

美国银行证券将 DoorDash 的股价目标上调至 155 美元，由于其与同行相比强劲的增长和利润状况，维持“买入”评级。此次修正是在与 FANG 股票和 Uber 进行比较后做出的，DoorDash 的 2024-2025 年 EBITDA 利润率为 18%，平均收入增长率为 17.5%，优于同行的 21% 利润率和 14.5% 增长率。

BofA Securities Raises DoorDash Price Target to $155, Citing Robust Growth and Margin Profile

美国银行证券将 DoorDash 目标价格提高至 155 美元，理由是强劲的增长和利润状况

New York, NY - In a bullish move that underscores DoorDash Inc.'s (NASDAQ: DASH) exceptional performance, BofA Securities has upgraded its price target on the stock to $155, up from $139 previously. The firm maintains a "Buy" rating, reflecting its unwavering confidence in the company's long-term prospects.

纽约州纽约 - 美国银行证券公司将该股目标价从之前的 139 美元上调至 155 美元，此举突显了 DoorDash Inc.（纳斯达克股票代码：DASH）的卓越表现。该公司维持“买入”评级，反映出其对公司长期前景坚定不移的信心。

Stellar Performance Drives Target Increase

出色的业绩推动目标增加

The upward revision stems from DoorDash's impressive growth trajectory and superior margin profile compared to its peers. The company's strong execution has been evident in its robust revenue growth, efficient cost management, and expanding market share.

向上修正源于 DoorDash 与同行相比令人印象深刻的增长轨迹和优越的利润率。该公司强劲的执行力体现在其强劲的收入增长、高效的成本管理和不断扩大的市场份额。

When benchmarked against a comparison group comprising FANG stocks and Uber (NYSE: UBER), DoorDash stands out with its 18% EBITDA margin and 17.5% average revenue growth for 2024 and 2025. This outperformance has prompted BofA Securities to select a revenue multiple of 5.5 times for DoorDash, slightly above the peer group's average, to reflect the company's exceptional growth trajectory.

以 FANG 股票和 Uber（纽约证券交易所股票代码：UBER）为基准进行比较时，DoorDash 以其 18% 的 EBITDA 利润率和 2024 年和 2025 年 17.5% 的平均收入增长率而脱颖而出。这种优异的表现促使美国银行证券选择 5.5 的收入倍数DoorDash 的时间略高于同行平均水平，反映了该公司非凡的增长轨迹。

Premium Valuation Justified

溢价估值合理

The new price target of $155 is based on an enterprise value (EV) of $66 billion, or a market capitalization of $69 billion including net cash. This calculation assumes a share count of 440 million, which has been adjusted down by 10 million to account for incremental buybacks.

155 美元的新目标价是基于 660 亿美元的企业价值 (EV) 或包括净现金在内的 690 亿美元的市值。此计算假设股票数量为 4.4 亿股，并已因增量回购而减少了 1,000 万股。

BofA Securities' analysis suggests that DoorDash's strong growth and margin outlook warrant a premium valuation relative to its peers. The company's dominant position in the food delivery market, combined with its innovative technology and expanding delivery network, provides a solid foundation for sustained growth and profitability.

美国银行证券的分析表明，DoorDash 的强劲增长和利润前景值得其相对于同行的溢价估值。该公司在食品配送市场的主导地位，加上其创新技术和不断扩大的配送网络，为持续增长和盈利能力提供了坚实的基础。

InvestingPro Insights Corroborate Optimism

InvestingPro 的见解证实了乐观情绪

Independent data from InvestingPro corroborates BofA Securities' bullish outlook on DoorDash. The company has demonstrated remarkable revenue growth, with a 31.17% increase over the last twelve months as of Q4 2023, significantly outpacing many industry competitors. This growth has been accompanied by a strong total return of 117.51% over the past year, signaling strong investor confidence.

InvestingPro 的独立数据证实了美国银行证券对 DoorDash 的看涨前景。该公司表现出显着的收入增长，截至 2023 年第四季度的过去 12 个月增长了 31.17%，大大超过了许多行业竞争对手。这一增长伴随着过去一年117.51%的强劲总回报率，表明投资者信心强劲。

Financial Strength and Potential

财务实力和潜力

InvestingPro Tips highlight DoorDash's healthy financial position. The company maintains a net cash position and is expected to achieve net income growth this year. These financial strengths demonstrate the company's solid footing and potential for sustained growth. Additionally, DoorDash's liquid assets exceed its short-term obligations, providing flexibility and stability for future operations.

InvestingPro Tips 强调了 DoorDash 健康的财务状况。公司保持净现金状况，预计今年实现净利润增长。这些财务实力证明了公司坚实的基础和持续增长的潜力。此外，DoorDash 的流动资产超过其短期义务，为未来的运营提供了灵活性和稳定性。

Investment Conclusion

投资总结

With a market capitalization adjusted to $55.03 billion and trading near its 52-week high, DoorDash's valuation reflects its high growth prospects. Investors interested in deeper analysis can find additional InvestingPro Tips to guide their investment decisions. For those seeking comprehensive insights, the coupon code PRONEWS24 offers an additional 10% discount on a yearly or biyearly Pro and Pro+ subscription to InvestingPro.

DoorDash 的市值调整至 550.3 亿美元，交易价格接近 52 周高点，其估值反映了其高增长前景。对更深入分析感兴趣的投资者可以找到其他 InvestingPro Tips 来指导他们的投资决策。对于那些寻求全面见解的人来说，优惠券代码 PRONEWS24 为 InvestingPro 的年度或两年期 Pro 和 Pro+ 订阅提供额外 10% 的折扣。

Additional Insights Available

可用的其他见解

This article was generated with the support of AI and reviewed by an editor. However, it is important to note that there are 13 additional InvestingPro Tips listed for DoorDash, which can provide further context to the company's financial health and market position. For a more comprehensive understanding, interested investors are encouraged to explore these insights.

本文是在人工智能的支持下生成的，并经过编辑审阅。然而，值得注意的是，DoorDash 还列出了 13 条额外的 InvestingPro 提示，这些提示可以为该公司的财务状况和市场地位提供进一步的背景信息。为了更全面地了解，鼓励感兴趣的投资者探索这些见解。