DoorDash, Inc. (DASH)
NASDAQ: DASH · IEX Real-Time Price · USD
116.16
-0.12 (-0.10%)
May 16, 2024, 4:00 PM EDT - Market closed
DoorDash Stock Forecast
Stock Price Forecast
The 27 analysts with 12-month price forecasts for DoorDash stock have an average target of 124.78, with a low estimate of 51 and a high estimate of 170. The average target predicts an increase of 7.42% from the current stock price of 116.16.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for DoorDash stock from 29 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 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 6 | 6 | 6 | 9 | 10 |
| Buy | 5 | 6 | 5 | 6 | 6 | 6 |
| Hold | 14 | 12 | 14 | 14 | 13 | 12 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 25 | 25 | 26 | 27 | 29 | 29 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Citigroup | Citigroup | Strong Buy Maintains $141 → $144 | Strong Buy | Maintains | $141 → $144 | +23.97% | May 2, 2024 |
| Roth MKM | Roth MKM | Hold Maintains $121 → $118 | Hold | Maintains | $121 → $118 | +1.58% | May 2, 2024 |
| JMP Securities | JMP Securities | Buy Maintains $160 → $140 | Buy | Maintains | $160 → $140 | +20.52% | May 2, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $108 → $111 | Hold | Maintains | $108 → $111 | -4.44% | May 2, 2024 |
| BMO Capital | BMO Capital | Buy Maintains $138 → $127 | Buy | Maintains | $138 → $127 | +9.33% | May 2, 2024 |
Financial Forecast
Revenue This Year
10.40B
from 8.64B
Increased by 20.43%
Revenue Next Year
12.08B
from 10.40B
Increased by 16.15%
EPS This Year
0.20
from -1.42
EPS Next Year
1.38
from 0.20
Increased by 605.16%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 11.1B | 13.2B | 15.3B | 16.7B | 18.7B |
| Avg | 10.4B | 12.1B | 13.9B | 15.4B | 16.9B |
| Low | 9.4B | 10.6B | 11.7B | 12.7B | 14.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 28.1% | 26.8% | 26.3% | 20.3% | 21.2% |
| Avg | 20.4% | 16.1% | 15.2% | 10.6% | 10.0% |
| Low | 9.2% | 2.2% | -2.8% | -8.7% | -8.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.14 | 3.14 | 5.04 |
| Avg | 0.20 | 1.38 | 2.97 |
| Low | -0.56 | -0.47 | 1.62 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 1,501.4% | 264.6% |
| Avg | - | 605.2% | 114.9% |
| Low | - | - | 17.0% |
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.