Stock Price & Analysis

Analysis and Insights

Fundamental Analysis:

DoorDash (DASH) has shown strong growth momentum, with a 20.6% year-over-year increase in gross order value (GOV) in Q4, indicating robust demand and execution. The company has also expanded its user base to 42 million monthly active users, with growth in both restaurants and new verticals like grocery delivery.

Analyst Sentiment:

Analysts have been upbeat on DASH, with multiple firms raising their price targets. The average price target is around $210, suggesting a 7-10% upside from current levels. Loop Capital, Barclays, and Mizuho have all raised their targets, citing strong execution and growth potential.

Valuation and Technicals:

DASH is trading at a premium, but its growth metrics justify the valuation. The stock's current price is $193.76, with support around $189.26 and resistance at $199.37. The RSI is 54, indicating room for further upside without being overbought.

Conclusion:

Buy DASH stock as it shows strong growth, positive analyst sentiment, and favorable technical indicators. The company's expansion into new markets and verticals supports long-term growth.

Price Prediction for DASH Stock in 2025

Based on current trends and analyst expectations, DASH stock is predicted to reach $210 by the end of 2025. This forecast is supported by strong revenue growth, expansion into international markets, and positive analyst sentiment. However, high valuation levels and potential market volatility could impact short-term performance.

The S1 support level for DASH Stock is $178.18 ,The R1 resistant level for DASH Stock is $198.93.

As of the end of day on 2025-04-01, the price of DASH Stock was $182.43.

The target price for DASH Stock according to analyst rating is 223.85, with the highest price target at 250.00 and the lowest at 165.00. Analysts have a Strong Buy rating on DASH Stock overall.

The market cap of DASH is $76.6B.

Analysis and Insights

To determine whether DoorDash (DASH) is overvalued, we analyze its valuation metrics, technical indicators, and market sentiment.

Valuation Analysis:

DoorDash currently trades at a price-to-book (P/B) ratio of 26.27, which is significantly higher than its peers in the Business Services industry. This suggests that the market is pricing in high growth expectations. However, the Guru Fundamental Report indicates a 77% score based on the Partha Mohanram model, which focuses on low book-to-market stocks with growth potential.

Technical Analysis:

The stock's RSI_14 is 45.68, indicating a neutral position, while the MACD is slightly bearish at -0.63. The recent price action shows support around $23.18 and resistance at $24.07. The Fibonacci pivot point at $23.816 suggests a potential buying opportunity if the stock holds above this level.

Market Sentiment:

Analyst sentiment is mixed, with some firms rating DoorDash as a Buy while others remain cautious. The stock's high valuation multiples, such as the EV/EBITDA of 54x, raise concerns about its ability to meet growth expectations.

Conclusion:

While DoorDash shows strong growth potential, its high valuation metrics suggest it may be overvalued relative to its fundamentals. Investors should monitor the stock's ability to meet growth expectations and consider a more attractive entry point if the price retraces to key support levels.

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.

Price Prediction for DASH Stock by 2030

The price prediction for DASH stock by 2030 is $300.

• Reason: DoorDash is expected to benefit from strong growth in the food delivery and grocery markets, with expanding international operations and a solid financial position. Analysts have raised price targets, reflecting confidence in its growth potential.

DASH has a total of 19300 employees.