--- title: "According to \"The Big Firms,\" China Merchants Securities raised the target price for DoorDash to $326 and adjusted the target price for Uber to $125" type: "News" locale: "zh-CN" url: "https://longbridge.com/zh-CN/news/259752797.md" description: "The report from China Merchants Securities indicates that the target prices for Uber and DoorDash have been raised to $125 and $326, respectively, due to their expansion in the non-food delivery sector and improvements in profit margins. Competition between Uber Eats and DoorDash in the grocery and beauty sectors is intensifying. The report shows that Uber and Lyft's stock prices have performed well this year, rising 63% and 69%, respectively. Meanwhile, DoorDash's stock price has increased by 56%, and its acquisition of Deliveroo has been approved by the EU, which is expected to act as a catalyst for further stock price increases" datetime: "2025-10-02T08:14:01.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/259752797.md) - [en](https://longbridge.com/en/news/259752797.md) - [zh-HK](https://longbridge.com/zh-HK/news/259752797.md) --- > 支持的语言: [English](https://longbridge.com/en/news/259752797.md) | [繁體中文](https://longbridge.com/zh-HK/news/259752797.md) # According to "The Big Firms," China Merchants Securities raised the target price for DoorDash to $326 and adjusted the target price for Uber to $125 China Merchants Securities published a report indicating that the long-term growth potential of the U.S. internet industry benefits from increased domestic order frequency and overseas expansion, alleviating the valuation discount of autonomous driving, and enhancing the investment attractiveness of Uber (UBER.US). Uber Eats is focusing on non-food delivery, launching ALDI and Sephora beauty products to catch up with DoorDash (DASH.US) in the grocery and beauty sectors. Due to the expansion of platform scale and improvement in profit margins, the earnings forecasts for DoorDash, Uber, and Lyft (LYFT.US) have been raised, with target prices adjusted to $326, $125, and $30, respectively. The report states that Uber and Lyft's stock prices have significantly outperformed the market this year, rising 63% and 69% year-to-date, compared to declines of 6% and increases of 7% for 2024; during the same period, the S&P index rose 13%, with a projected increase of 25% for 2024. The firm believes that the strong performance of stock prices this year reflects a market reassessment of the value of ride-hailing platforms, especially under the coexistence model of autonomous driving and drivers, where the platform's value-added capabilities are gaining more recognition. The firm believes that the ride-hailing sector remains attractive, with Uber trading at a 48% discount in terms of projected price-to-earnings ratio for fiscal year 2026 compared to DoorDash, while Lyft is at a 33% discount to Uber and a 67% discount to DoorDash. However, considering Lyft's limited international market presence, the valuation discount is somewhat reasonable. DoorDash's stock has also performed strongly this year, rising 56% year-to-date. Its acquisition of Deliveroo was approved by the EU in September and is currently awaiting approval from UK regulators. Given the limited overlap in market coverage and concentration between the two parties, the firm believes that the likelihood of the deal being approved is high and could serve as a potential catalyst for driving up the stock price ### 相关股票 - [Uber Tech (UBER.US)](https://longbridge.com/zh-CN/quote/UBER.US.md) - [Doordash (DASH.US)](https://longbridge.com/zh-CN/quote/DASH.US.md) ## 相关资讯与研究 - [Uber increases stake in WeRide as robotaxi partnership ramps up in Dubai](https://longbridge.com/zh-CN/news/281219301.md) - [BofA Maintains Buy Call on UBER Stock After Strategic Blacklane Acquisition](https://longbridge.com/zh-CN/news/281224527.md) - [Uber’s Dubai Robotaxis Test Partner Model And Margin Potential](https://longbridge.com/zh-CN/news/281254090.md) - [Uber CEO Dara Khosrowshahi Hopes To Incorporate Tesla Robotaxis On Its Platform: 'It's A Great Car…'](https://longbridge.com/zh-CN/news/281491777.md) - [Pony AI posts first quarterly profit, targets 3,000 robotaxis globally this year](https://longbridge.com/zh-CN/news/280627584.md)