Sean Duffy Predicts Air Taxis Will Definitely Arrive During Trump's Presidency, Foresees Significant Changes in DoorDash Deliveries: 'Safer and Quieter...'
Written by Emily J. Thompson, Senior Investment Analyst
Source: Benzinga
Updated: 1 hour ago0mins
U.S. Air Taxi Operations: Transportation Secretary Sean Duffy announced that air taxis will be allowed to operate in the U.S., which could significantly benefit companies like Joby Aviation and Archer Aviation, as they are seen as safer, quieter, and cheaper alternatives to helicopters.
Industry Predictions: Duffy predicts a major shift in the aviation industry and delivery methods, highlighting the potential for drone deliveries and air taxis to improve access to hard-to-reach areas.
Stock Market Response: Following the announcement, Joby Aviation's stock rose by 7.72% to $15.76, while Archer Aviation's stock increased by 7.19% to $8.95, although both experienced slight declines in after-hours trading.
Archer's Miami Network: Archer Aviation is planning a new air taxi network in Miami, promising quick 10-20 minute flights across South Florida, despite facing criticism for not showcasing its eVTOL at the Dubai Airshow.
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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 284.46 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: 222.480
Low
205.00
Averages
284.46
High
360.00
Current: 222.480
Low
205.00
Averages
284.46
High
360.00
Jefferies
John Colantuoni
Hold
to
Buy
upgrade
$220 -> $260
2025-11-19
Reason
Jefferies
John Colantuoni
Price Target
$220 -> $260
2025-11-19
upgrade
Hold
to
Buy
Reason
Jefferies analyst John Colantuoni upgraded DoorDash to Buy from Hold with a price target of $260, up from $220. The company's 2026 outlook lowered expectations, which provides "flexibility" for both its long-term investments and upside to consensus estimates, the analyst tells investors in a research note. The firm believes faster growth in U.S. restaurant delivery over the past four quarters warrant a more bullish stance on the growth runway for DoorDash's most profitable business. It upgraded the shares following the 20% selloff in the past 30 days. Jefferies believes the company's "strong execution and growth algorithm now appear underappreciated."
Needham
Buy
downgrade
$300 -> $275
2025-11-14
Reason
Needham
Price Target
$300 -> $275
2025-11-14
downgrade
Buy
Reason
Needham lowered the firm's price target on DoorDash to $275 from $300 but keeps a Buy rating on the shares. The firm is updating its model after the company's Q3 results, now integrating Deliveroo, the analyst tells investors in a research note. The quarter continued what looks like to be a banner year for DoorDash, showing continued acceleration in orders and gross order value, and the commentary on already achieving their net add goal for DashPass subscribers is particularly compelling and drives frequency growth in the firm's estimates next year, Needham added.
Wedbush
Neutral -> Outperform
upgrade
$260
2025-11-13
Reason
Wedbush
Price Target
$260
2025-11-13
upgrade
Neutral -> Outperform
Reason
Wedbush upgraded DoorDash to Outperform from Neutral with a $260 price target.
Wedbush
Neutral -> Outperform
upgrade
$260
2025-11-13
Reason
Wedbush
Price Target
$260
2025-11-13
upgrade
Neutral -> Outperform
Reason
As previously reported, Wedbush upgraded DoorDash to Outperform from Neutral with a $260 price target. The firm notes DoorDash has retained a leading competitive position within the U.S. food and delivery market and continues to execute well across strategic initiatives as management positions the company for long-term sustainable growth.
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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
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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.
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