DoorDash, Inc. (DASH)
NYSE: DASH · IEX Real-Time Price · USD
107.45
-1.06 (-0.98%)
At close: Jul 2, 2024, 4:00 PM
106.01
-1.44 (-1.34%)
After-hours: Jul 2, 2024, 7:55 PM EDT
DoorDash Stock Forecast
Stock Price Forecast
The 26 analysts with 12-month price forecasts for DoorDash stock have an average target of 126.81, with a low estimate of 51 and a high estimate of 170. The average target predicts an increase of 18.02% from the current stock price of 107.45.
Analyst Consensus: Buy
* Price targets were last updated on May 2, 2024.
Analyst Ratings
The average analyst rating for DoorDash stock from 28 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 6 | 6 | 6 | 9 | 10 | 10 |
| Buy | 6 | 5 | 6 | 6 | 6 | 6 |
| Hold | 12 | 14 | 14 | 13 | 13 | 11 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 25 | 26 | 27 | 29 | 30 | 28 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Needham | Needham | Strong Buy Reiterates $137 | Strong Buy | Reiterates | $137 | +27.50% | May 2, 2024 |
| Wedbush | Wedbush | Hold Reiterates $115 | Hold | Reiterates | $115 | +7.03% | May 2, 2024 |
| Citigroup | Citigroup | Strong Buy Maintains $141 → $144 | Strong Buy | Maintains | $141 → $144 | +34.02% | May 2, 2024 |
| Roth MKM | Roth MKM | Hold Maintains $121 → $118 | Hold | Maintains | $121 → $118 | +9.82% | May 2, 2024 |
| JMP Securities | JMP Securities | Buy Maintains $160 → $140 | Buy | Maintains | $160 → $140 | +30.29% | May 2, 2024 |
Financial Forecast
Revenue This Year
10.54B
from 8.64B
Increased by 22.08%
Revenue Next Year
12.29B
from 10.54B
Increased by 16.62%
EPS This Year
0.11
from -1.42
EPS Next Year
1.28
from 0.11
Increased by 1,043.69%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 11.1B | 13.5B | 16.5B | 16.7B | 18.7B |
| Avg | 10.5B | 12.3B | 14.3B | 15.4B | 16.9B |
| Low | 9.4B | 10.5B | 11.7B | 12.7B | 14.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 28.6% | 28.4% | 33.8% | 17.4% | 21.2% |
| Avg | 22.1% | 16.6% | 16.0% | 7.9% | 10.0% |
| Low | 9.2% | -0.1% | -5.1% | -10.9% | -8.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.47 | 2.61 | 5.27 |
| Avg | 0.11 | 1.28 | 3.03 |
| Low | -0.37 | -0.21 | 1.59 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 2,237.4% | 312.0% |
| Avg | - | 1,043.7% | 137.1% |
| Low | - | - | 24.1% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.