Deliveroo CEO Resigns After DoorDash Acquisition

Written by Emily J. Thompson, Senior Investment Analyst

DASH-0.2%

Source: Yahoo Finance

Updated: Sep 19 2025

0mins

Source: Yahoo Finance

CEO Departure: Will Shu, the founder and CEO of Deliveroo, will step down following the company's acquisition by DoorDash, valued at approximately £2.9bn ($3.9bn), expected to finalize on 2 October.
Impact on Deliveroo: Shu believes the acquisition will benefit Deliveroo riders by increasing order volume and enhancing the company's ability to serve its customers, while he expresses pride in the company's achievements over the past 13 years.

DASH

$207.23+Infinity%1D

Analyst Views on DASH

Wall Street analysts forecast DASH stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for DASH is 282.32 USD with a low forecast of 205.00 USD and a high forecast of 360.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

30 Analyst Rating

24 Buy

6 Hold

0 Sell

Strong Buy

Current: 207.650

Low

205.00

Averages

282.32

High

360.00

Current: 207.650

Low

205.00

Averages

282.32

High

360.00

KeyBanc

Overweight

maintain

$280 -> $275

2026-01-20

New

Reason

KeyBanc

Price Target

$280 -> $275

AI Analysis

2026-01-20

New

maintain

Overweight

Reason

KeyBanc lowered the firm's price target on DoorDash to $275 from $280 and keeps an Overweight rating on the shares. The firm's latest Mobility and Delivery Survey highlighted improving adoption rates across ridesharing, food delivery, and grocery delivery, causing us to raise 2026E EBITDA across the group. DoorDash continues to gain material share in food and grocery delivery, while quickly increasing DashPass subscribers, KeyBanc says. Net, it views this as a favorable backdrop across its coverage universe but is adjusting its price target to reflect broader conservatism.

Wells Fargo

Equal Weight

maintain

$239 -> $251

2026-01-08

Reason

Wells Fargo

Price Target

$239 -> $251

2026-01-08

maintain

Equal Weight

Reason

Wells Fargo raised the firm's price target on DoorDash to $251 from $239 and keeps an Equal Weight rating on the shares. The firm expects Q4 results in-line, and Q1 GOV guide 2% above consensus. Wells believes phasing of tech replatforming cost poses downside risk to consensus second half of 2026 margin expansion forecast and adds uncertainty to 2027 EBITDA estimates.

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Cantor Fitzgerald

Overweight

maintain

$270 -> $285

2026-01-08

Reason

Cantor Fitzgerald

Price Target

$270 -> $285

2026-01-08

maintain

Overweight

Reason

Cantor Fitzgerald raised the firm's price target on DoorDash to $285 from $270 and keeps an Overweight rating on the shares. Despite lingering macro concerns, the outlook for Global Internet stocks into 2026 is increasingly positive as AI enters a "Synergy" phase that should drive accelerating revenue growth, improved value capture, and clearer long-term returns on capex, the analyst tells investors in a research note. With valuations still about 20% below medium-term ranges despite 2025 outperformance, the group is positioned to outperform in 2026 amid positive estimate revisions and improving sentiment, Cantor says.

Wolfe Research

Outperform

maintain

$275 -> $270

2026-01-05

Reason

Wolfe Research

Price Target

$275 -> $270

2026-01-05

maintain

Outperform

Reason

Wolfe Research lowered the firm's price target on DoorDash to $270 from $275 and keeps an Outperform rating on the shares. 2026 could be another positive year for Internet stocks, though maybe not as much outperformance as the prior three years given current, elevated multiples for some of the firm's coverage, the analyst tells investors in a research note. The firm added that it sees opportunities for estimates upside driven by AI developments and product catalysts, a relatively healthy macro backdrop, successful capital allocation, and pockets of re-rating potential.

About DASH

DoorDash, Inc. is engaged in providing services that reduce friction in local commerce and help merchants connect with consumers in their communities. The Company's primary offerings include the DoorDash Marketplace and the Wolt Marketplace (together, the Marketplaces), and its Commerce Platform. The Company's Marketplaces operate in over 30 countries across the globe and provide an integrated suite of services that help merchants establish an online presence, connect with consumers in their communities, and solve mission-critical challenges, such as customer acquisition, demand generation, order fulfillment, merchandising, payment processing, and customer support. It also offers advertising as a value-added service through its Marketplaces to help merchants and consumer packaged goods companies increase consumer engagement. The Company also has offsite advertising capabilities. Its white-label delivery fulfillment services include DoorDash Drive On-Demand and Wolt Drive.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.