12:05 PM EDT, 08/08/2025 (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 lift our 12-month target to $311 from $282, shifting to 45x our 2026 EPS view, above peers. We lift our 2025 EPS view to $5.15 from $4.72 and cut 2026's to $6.90 from $7.04. We maintain our Buy rating following Q2 results that demonstrated accelerating momentum across key growth drivers. Revenue of $3.28 billion (+25% Y/Y) and a record 761 million orders (+20% Y/Y) exceeded expectations, led by robust DashPass engagement and expanding non-restaurant verticals. We're encouraged by advertising surpassing the $1 billion annualized run-rate and international unit economics improvement. Management's Q3 GOV guidance of $24.2-24.7 billion (vs. $23.8 billion consensus) signals continued market share gains. Our premium 45x multiple reflects DASH's dominant 67% U.S. market share, superior growth in grocery/convenience verticals, and emerging advertising monetization. We expect sustained 20%+ revenue growth and margin expansion, justifying the valuation premium to delivery peers.