DASH Price Prediction Next Week
Technical Analysis: Based on the latest data, DASH closed at $199.94 on February 21, 2025, showing a decline of -1.14% during regular market hours . The stock is currently displaying several technical signals:
- RSI-14 at 42.81 indicates a neutral position but leaning towards oversold territory
- MACD shows a bearish signal with -1.27, though the histogram (0.44) suggests potential momentum shift
- Bollinger Bands analysis shows the price is trading near the middle band, with BBP at 0.56
News Sentiment & Catalysts: Recent developments suggest positive momentum:
- DoorDash continues expanding its platform beyond restaurant delivery towards broader local commerce
- The company has shown strong Q4 performance with GOV growing 20.6% year-on-year
- Multiple analysts have raised their price targets, with targets now ranging from $193 to $230
- New partnerships and initiatives with companies like OpenAI and Instacart indicate potential growth opportunities
Price Prediction for Next Week: Based on technical indicators and recent news sentiment:
- Support level: $195
- Resistance level: $210
- Expected trading range: $197-205
Target Price: $203 (by end of next week)
Trading Recommendation: BUY Rationale:
- Strong fundamental growth with expanding partnerships
- Multiple analyst upgrades supporting upward momentum
- Technical indicators suggesting potential bounce from current levels
- The stock has shown resilience despite recent market volatility
Entry points:
- Immediate entry at current levels ($199.94)
- Better entry opportunity if price dips to $197 support level Stop loss: $195
DASH Similar Chart Price Prediction
The price of DASH is predicted to go up -5.99%, based on the high correlation periods with ASML. The similarity of these two price pattern on the periods is 98.53%.
DASH
ASML
Down: -5.99%Similarity: 98.53%
DASH Revenue Forecast
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DASH VS S&P500
Consumer behavior will continue to shift away from in-restaurant dining as the variety of food and speed of delivery available at home increase. As demand for DoorDash services pushes higher, the firm should quickly reach profitability.
DoorDash will succeed in delivering other goods and services, strengthening its number-one position in the US.
More regulations such as minimum wages or more benefits may pass, but they will also create a barrier to entry and force out subscale players.
DASH Analyst's Forecast
Rob Sanderson
Loop Capital
Strong Buy
2025-02-24
Price Target
$200 → $235
Upside
+20.04%
Loop Capital raised the firm's price target on DoorDash to $235 from $200 and keeps a Buy rating on the shares after its Q4 results. The firm is encouraged by the company's resilient growth, with gross order value accelerating in Q4 compared to Q3 and remaining on healthy guidance for Q1 at about 400bps above consensus expectations at the high end, the analyst tells investors in a research note.
Shyam Patil
Susquehanna
Buy
2025-02-13
Price Target
$180 → $235
Upside
+14.28%
Ross Sandler
Barclays
Hold
2025-02-13
Price Target
$163 → $200
Downside
-2.74%
