DASH Price Prediction Next Week
Based on the provided data and current market conditions, here's a comprehensive analysis for DASH's price movement in the next trading week:
Technical Analysis:
- Current RSI (14) at 65.48 indicates the stock is approaching overbought territory but not yet overextended
- MACD at 2.16 shows positive momentum continuing
- Fibonacci levels suggest key resistance at $181.93 and support at $168.29
News Sentiment & Fundamental Drivers:
- OpenAI's new Operator AI agent could significantly benefit DoorDash through streamlined ordering processes, with Bank of America projecting aggregate gig economy bookings to reach $240 billion in 2025
- Recent analyst consensus is notably bullish, with 24 analysts providing ratings:
- 9 Bullish
- 9 Somewhat Bullish
- 6 Neutral
- No bearish ratings
Price Target Analysis: The average analyst price target has risen significantly:
- Current average target: $180.21
- Previous average: $154.38
- Increase: 16.73%
Next Week's Price Projection: Based on technical indicators and positive news sentiment:
- Support level: $168.29 (Fibonacci S1)
- Resistance level: $181.93 (Fibonacci R1)
- Target price range: $175-182
Trading Recommendation: BUY Rationale:
- Strong analyst consensus with no bearish ratings
- Positive momentum indicated by MACD
- Potential catalyst from OpenAI's Operator integration
- Technical support levels provide favorable risk/reward ratio
Entry point: Current market price with stop loss at $164.08 (Fibonacci S2) Target exit: $181.93 (Fibonacci R1)
DASH Revenue Forecast
DASH EPS Forecast
DASH FAQs
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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
Ken Gawrelski
Wells Fargo
Hold
Price Target
$150 → $166
Upside
-2.78%
Wells Fargo raised the firm's price target on DoorDash to $166 from $150 and keeps an Equal Weight rating on the shares. Wells anticipates Q4 GOV/EBITDA beat and sees upside to Q1 consensus GOV/EBITDA forecast. The firm sees favorable 2025 narratives, and does not expect any material inflections this print.
Shweta Khajuria
Wolfe Research
Buy
Price Target
$210 → $220
Upside
+25.74%
Youssef Squali
Truist Securities
Strong Buy
Price Target
$180 → $217
Upside
+22.6%