On June 23, 2025, Raymond James analyst Josh Beck announced an upgrade for DoorDash (DASH, Financial), lifting the rating from "Outperform" to "Strong Buy." This decision reflects increased confidence in the company's outlook and growth potential.
In addition to the rating upgrade, the price target for DoorDash (DASH, Financial) has been raised from $215.00 to $260.00 USD. This represents a 20.93% increase, indicating a significantly positive expectation for the stock's performance in the coming months.
The upgrade by Raymond James suggests a renewed optimism in DoorDash's market strategy and profitability, expecting the company to deliver strong results that justify a higher stock valuation.
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 $220.09 with a high estimate of $260.00 and a low estimate of $179.34. The average target implies an downside of 3.76% from the current price of $228.69. More detailed estimate data can be found on the DoorDash Inc (DASH) Forecast page.
Based on the consensus recommendation from 42 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 $151.43, suggesting a downside of 33.78% from the current price of $228.69. 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.
