Stock Price & Analysis

Based on the latest market data and analyst sentiment, DoorDash (DASH) shows mixed signals at the current price of $175.01. The stock's RSI of 54.94 indicates neutral momentum, while technical indicators suggest potential resistance at $177.32 and support at $167.74 [Relevant Data].

Recent analyst actions have been predominantly positive, with multiple firms raising price targets. Morgan Stanley increased their target to $200, while Goldman Sachs raised theirs to $192 [Relevant Data]. The consensus among analysts suggests moderate upside potential, with targets ranging from $166 to $225.

{RATING:symbol=DASH,type=0}

The company has shown strong institutional interest, with 417 institutions adding positions versus 283 reducing. However, insider selling activity (236 sales, 0 purchases) over the past six months signals some caution.

Based on current technical and fundamental factors, holding DASH stock at current levels is recommended. The stock appears fairly valued near $175, with immediate resistance at $177.32. Consider waiting for a pullback to the support level around $167.74 for new positions.

Based on recent technical indicators and market sentiment, DASH stock is projected to reach $210-220 by end of 2025, driven by strong growth in food delivery market and successful expansion into new verticals. The company's robust Q4 2024 performance and increased institutional investor interest, with 417 institutions adding positions versus 283 reducing, supports this bullish outlook. Technical analysis shows current support at $165.48 with resistance at $177.32, suggesting room for upward movement from current price of $175.01.

The S1 support level for DASH Stock is $168.29 ,The R1 resistant level for DASH Stock is $181.93.

As of the end of day on 2025-01-24, the price of DASH Stock was $183.66.

The target price for DASH Stock according to analyst rating is 189.52, with the highest price target at 250.00 and the lowest at 150.00. Analysts have a Moderate Buy rating on DASH Stock overall.

The market cap of DASH is $76.2B.

Based on the provided data, I'll analyze whether DASH is overvalued through multiple perspectives.

Valuation Analysis DASH's P/S ratio of 5.78x in Q3 2024 indicates relatively high valuation compared to traditional delivery companies, but reasonable for a high-growth tech platform company.

Growth & Profitability The company achieved GAAP profitability for the first time as a public company in Q3 2024, marking a significant milestone in its financial maturity.

Analyst Consensus Recent analyst actions show strong bullish sentiment:

• Goldman Sachs raised PT from $161 to $192 (Jan 16, 2025)
• Morgan Stanley increased PT from $160 to $200 (Jan 13, 2025)
• KeyBanc elevated PT to $225 (Jan 9, 2025)
• Wolfe Research maintained PT at $220 (Jan 3, 2025)

Conclusion While traditional metrics might suggest DASH is overvalued, the company's recent profitability achievement, strong market position, and positive analyst sentiment indicate the current valuation is justified by its growth prospects and improving fundamentals.

DoorDash, Inc. operates a local commerce platform that connects merchants, consumers and Dashers. The Company's primary offerings include the DoorDash Marketplace and the Wolt Marketplace (Marketplaces), which operate in over 25 countries including the United States, and platform services. The Company's Marketplaces provide a suite of services that enable merchants to establish an online presence, transact with consumers, and fulfill orders. The Company also offers Pickup, which allows consumers to place advance orders, skip lines, and pick up their orders conveniently with no consumer fees, as well as DoorDash for Business, which provides merchants on its platform with large group orders and catering orders for businesses and events. Its membership products include DashPass and Wolt+. It offers platform services, which primarily includes DoorDash Drive and Wolt Drive, which are white-label delivery fulfillment services. Its platform services also include DoorDash Storefront and Bbot.

Based on the comprehensive data analysis and market research, here's the price prediction for DoorDash (DASH) stock by 2030:

DoorDash stock is projected to reach approximately $350-400 by 2030, driven by its expanding market presence beyond food delivery into retail and groceries, with consistent revenue growth and improving profitability margins. The company's successful transition from growth-at-all-costs to profitable operations, evidenced by its first-ever GAAP profit in Q3 2024 and expanding adjusted EBITDA margins, supports this bullish outlook. Recent partnerships with Lyft and strong operational improvements in logistics efficiency further strengthen the long-term growth trajectory.

DASH has a total of 19300 employees.