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Benzinga
Benzinga
Business
Nabaparna Bhattacharya

DoorDash Can Outpace Uber On Free-Cash-Flow Growth: Analyst

Redwood,City,,Ca,,Usa,-,Feb,16,,2020:,Doordash,Kitchens

DoorDash, Inc. (NASDAQ:DASH) is positioned to outpace Uber Technologies, Inc. (NYSE:UBER) on free cash flow, powered by U.S. cash generation, Deliveroo-led international expansion and SevenRooms, with double-digit GOV and margin gains expected as robotaxi uncertainty clouds rideshare, according to JP Morgan analyst.

Following a period of restriction and ‘Not Rated' designation, JP Morgan analyst Doug Anmuth upgraded DoorDash to an Overweight rating from Neutral, with a price forecast of $325 from $175.

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