DoorDash’s quarterly results did not impress investors initially, but a stronger gross order value forecast for the current quarter and the decision to consolidate all three platforms into one are now attracting investor attention.
Post-split shares of Booking will be cheaper to buy, and retail traders will eye an entry point once it happens. BKNG revenue for the fourth quarter rose 16% to $6.3 billion, compared with Wall Street estimates of $6.13 billion.
On Wall Street, the 12-month average price target on Dutch Bros is $77.10, based on 21 estimates, which represents an upside of about 47%, according to data from Koyfin.
DoorDash is a more preferred stock for Wall Street, given its vast food delivery expansion, while Instacart, in its nascent stage, has been able to grow steadily.
Apple stock is seeing a boost from the launch of the latest iteration of its flagship product, which has been well received by consumers in China who, in recent years, have migrated to other China-based mobile manufacturers.
Yum Brands has seen KFC and Taco Bell as emerging winners, which have been able to gain traffic as efforts to offer value meals and coming out with new menu options have helped pull in customers.
PepsiCo's rebound is tightly linked to Elliott Management’s involvement, with investors betting that sharper pricing, cost cuts, and product refreshes can reaccelerate North American snacks and beverages.
CEO Brian Niccol’s “Back to Starbucks” plan, centered on faster service and reviving cafe culture, didn’t stop the stock from logging a fourth straight day of losses.
