DASH rises 16.99% over the past week as SNAP support and positive analyst outlook boost confidence
- Goldman Sachs reinstated DoorDash (DASH) with a "Buy" rating and $315 price target, citing strategic growth in Deliveroo and strong operational performance. - DASH surged 16.99% in 7 days and 118.3% in 1 month, driven by improved market confidence and $11.895B revenue growth (19.8% 3-year CAGR). - Analysts project $303.04 average target (17.39% upside), while robust liquidity (current ratio 2.07) and drone delivery innovations reinforce competitive positioning. - Divergent valuations emerge: 46 firms rec
As of October 28, 2025,
Goldman Sachs has resumed its coverage of
The firm’s research highlights DoorDash’s solid financial standing, reporting revenue of $11.895 billion and a compound annual growth rate of 19.8% over three years. The company also maintains strong liquidity, with a current ratio of 2.07 and a debt-to-equity ratio of 0.36, supporting its ability to handle market challenges. Furthermore, Goldman Sachs has updated its models to reflect recent operational achievements, further supporting its positive assessment.
Analyst forecasts for DASH’s price vary, with the consensus target at $303.04, suggesting a possible 17.39% increase from the current level. These estimates are drawn from the recommendations of 46 brokerages, resulting in an average recommendation score of 2.1, which corresponds to an "Outperform" rating. Nonetheless, GuruFocus values DASH at $176.11, indicating a more cautious perspective on the stock’s fundamental value.
DASH’s strategic plans include introducing drone delivery services, aiming to boost efficiency and lower costs. These technological advancements are part of a larger strategy to reinforce the company’s strong position in the delivery market, where it already holds significant influence.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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