On June 11, 2025, Stifel analyst Mark Kelley announced the initiation of coverage on DoorDash, Inc. (DASH, Financial) with a "Hold" rating. The coverage comes with an assigned price target of $198.00 USD. This marks the beginning of Stifel's analysis on the stock, as there were no previous ratings or price targets to compare.
The announcement highlights DoorDash's current position and evaluates the stock's potential, though it suggests that investors may want to adopt a wait-and-see approach by assigning a "Hold" rating. The $198.00 USD price target provides a benchmark for assessment in the market.
This information is relevant for investors and market watchers keeping an eye on DoorDash (DASH, Financial) and can be instrumental in making informed investment decisions.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 37 analysts, the average target price for DoorDash Inc (DASH, Financial) is $218.20 with a high estimate of $240.00 and a low estimate of $179.34. The average target implies an downside of 0.26% from the current price of $218.76. More detailed estimate data can be found on the DoorDash Inc (DASH) Forecast page.
Based on the consensus recommendation from 43 brokerage firms, DoorDash Inc's (DASH, Financial) average brokerage recommendation is currently 2.1, 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 $151.48, suggesting a downside of 30.76% from the current price of $218.76. 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.