Based on technical indicators and Fibonacci levels, DASH is expected to test the lower support level. The predicted price range for the next trading week is $22.50.
Sell DASH as the bearish technical indicators outweigh the positive news sentiment.
The price of DASH is predicted to go up 12.96%, based on the high correlation periods with STRR. The similarity of these two price pattern on the periods is 93.45%.
DASH
STRR
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.
Loop Capital
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Price Target
$200 → $235
Upside
+20.04%
Susquehanna
2025-02-13
Price Target
$180 → $235
Upside
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Barclays
2025-02-13
Price Target
$163 → $200
Downside
-2.74%