04:00 PM EDT, 05/06/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We cut our 12-month target to $232 from $245 on 37x our 2026 EPS view, above peers. We lift our 2025 EPS view to $4.72 from $4.68 and 2026's to $6.28 from $6.12. DASH posted strong Q1 results with Marketplace GOV (gross order value) +20% Y/Y to $23.1B and record GAAP net income of $193M. The company announced two strategic acquisitions: (1) SevenRooms (~$1.2B) to enhance merchant tools for in-store sales, and (2) Deliveroo (GBP2.9B) to expand into nine complementary markets. While these expansions create exposure to geopolitical risks and currency fluctuations in new markets, they offer diversification as domestic consumer spending shows signs of pressure. Management noted it is "conscious of potential changes in consumer demand," but reported that engagement remains consistent with seasonal patterns. We remain bullish on DASH's growth trajectory driven by DashPass/Wolt+ membership acceleration and grocery momentum, though we acknowledge potential headwinds from cautious consumer spending in 2H 2025.