On May 7, 2025, Needham analyst Bernie McTernan reaffirmed a Buy rating on DoorDash (DASH, Financial), showing confidence in the company's future prospects. The analyst maintained the Buy rating while raising the price target from $225.00 to $230.00, a 2.22% increase from the previous target.
This adjustment in price target reflects an optimistic outlook for DoorDash's potential market performance. The current price target of $230.00 is an indication of the analyst's expectation for the stock to appreciate in value over time.
The consistent Buy rating from Needham suggests continued faith in DoorDash's business strategy and overall growth trajectory. Investors with a focus on the delivery services sector may find these developments noteworthy as they consider their portfolio choices.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 36 analysts, the average target price for DoorDash Inc (DASH, Financial) is $216.37 with a high estimate of $240.00 and a low estimate of $173.00. The average target implies an upside of 13.81% from the current price of $190.11. More detailed estimate data can be found on the DoorDash Inc (DASH) Forecast page.
Based on the consensus recommendation from 41 brokerage firms, DoorDash Inc's (DASH, Financial) average brokerage recommendation is currently 2.0, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for DoorDash Inc (DASH, Financial) in one year is $133.79, suggesting a downside of 29.62% from the current price of $190.11. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the DoorDash Inc (DASH) Summary page.
