24 analysts have shared their evaluations of DoorDash DASH during the recent three months, expressing a mix of bullish and bearish perspectives.
The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 9 | 9 | 6 | 0 | 0 |
| Last 30D | 0 | 1 | 0 | 0 | 0 |
| 1M Ago | 1 | 1 | 0 | 0 | 0 |
| 2M Ago | 2 | 0 | 0 | 0 | 0 |
| 3M Ago | 6 | 7 | 6 | 0 | 0 |
The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $180.21, a high estimate of $217.00, and a low estimate of $150.00. Witnessing a positive shift, the current average has risen by 16.73% from the previous average price target of $154.38.
Breaking Down Analyst Ratings: A Detailed Examination
An in-depth analysis of recent analyst actions unveils how financial experts perceive DoorDash. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Andrew Boone | JMP Securities | Maintains | Market Outperform | $200.00 | $200.00 |
| Youssef Squali | Truist Securities | Raises | Buy | $217.00 | $180.00 |
| Brad Erickson | RBC Capital | Raises | Outperform | $215.00 | $175.00 |
| Ronald Josey | Citigroup | Raises | Buy | $211.00 | $155.00 |
| Rob Sanderson | Loop Capital | Raises | Buy | $200.00 | $170.00 |
| Eric Sheridan | Goldman Sachs | Raises | Neutral | $161.00 | $142.00 |
| Shyam Patil | Susquehanna | Raises | Positive | $180.00 | $140.00 |
| Ross Sandler | Barclays | Raises | Equal-Weight | $163.00 | $120.00 |
| Brad Erickson | RBC Capital | Raises | Outperform | $175.00 | $165.00 |
| Justin Patterson | Keybanc | Raises | Overweight | $180.00 | $177.00 |
| Andrew Boone | JMP Securities | Raises | Market Outperform | $190.00 | $160.00 |
| Youssef Squali | Truist Securities | Raises | Buy | $180.00 | $170.00 |
| Mark Mahaney | Evercore ISI Group | Raises | Outperform | $200.00 | $155.00 |
| Doug Anmuth | JP Morgan | Raises | Neutral | $155.00 | $137.00 |
| Tom White | DA Davidson | Raises | Neutral | $150.00 | $119.00 |
| Michael McGovern | B of A Securities | Raises | Buy | $172.00 | $168.00 |
| Brian Pitz | BMO Capital | Raises | Outperform | $180.00 | $140.00 |
| Thomas Champion | Piper Sandler | Raises | Neutral | $160.00 | $125.00 |
| Bernie McTernan | Needham | Raises | Buy | $180.00 | $145.00 |
| James Lee | Mizuho | Raises | Outperform | $173.00 | $162.00 |
| Youssef Squali | Truist Securities | Raises | Buy | $170.00 | $150.00 |
| John Colantuoni | Jefferies | Raises | Buy | $180.00 | $155.00 |
| Lloyd Walmsley | UBS | Raises | Neutral | $160.00 | $143.00 |
| Mark Zgutowicz | Benchmark | Raises | Buy | $173.00 | $152.00 |
Key Insights:
- Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to DoorDash. This offers insight into analysts' perspectives on the current state of the company.
- Rating: Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of DoorDash compared to the broader market.
- Price Targets: Analysts explore the dynamics of price targets, providing estimates for the future value of DoorDash's stock. This examination reveals shifts in analysts' expectations over time.
To gain a panoramic view of DoorDash's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.
Stay up to date on DoorDash analyst ratings.
Get to Know DoorDash Better
Founded in 2013 and headquartered in San Francisco, DoorDash is an online food order demand aggregator. Consumers can use its app to order food on-demand for pickup or delivery from merchants mainly in the US. Through the acquisition of Wolt in 2022, the firm also provides this service in Europe. DoorDash provides a marketplace for the merchants to create a presence online, market their offerings, and meet demand by making the offerings available for pickup or delivery. The firm provides similar service to businesses in addition to restaurants, such as grocery, retail, pet supplies, and flowers.
DoorDash's Financial Performance
Market Capitalization: Surpassing industry standards, the company's market capitalization asserts its dominance in terms of size, suggesting a robust market position.
Positive Revenue Trend: Examining DoorDash's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 25.05% as of 30 September, 2024, showcasing a substantial increase in top-line earnings. When compared to others in the Consumer Discretionary sector, the company excelled with a growth rate higher than the average among peers.
Net Margin: DoorDash's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 5.99% net margin, the company effectively manages costs and achieves strong profitability.
Return on Equity (ROE): The company's ROE is below industry benchmarks, signaling potential difficulties in efficiently using equity capital. With an ROE of 2.2%, the company may need to address challenges in generating satisfactory returns for shareholders.
Return on Assets (ROA): DoorDash's ROA stands out, surpassing industry averages. With an impressive ROA of 1.34%, the company demonstrates effective utilization of assets and strong financial performance.
Debt Management: DoorDash's debt-to-equity ratio is below the industry average. With a ratio of 0.07, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
Analyst Ratings: What Are They?
Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter.
Analysts may supplement their ratings with predictions for metrics like growth estimates, earnings, and revenue, offering investors a more comprehensive outlook. However, investors should be mindful that analysts, like any human, can have subjective perspectives influencing their forecasts.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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