DASH rises 16.99% over the past week as SNAP support and positive analyst outlook boost confidence
- Goldman Sachs reinstated DoorDash (DASH) with a "Buy" rating and $315 price target, citing strategic growth in Deliveroo and strong operational performance. - DASH surged 16.99% in 7 days and 118.3% in 1 month, driven by improved market confidence and $11.895B revenue growth (19.8% 3-year CAGR). - Analysts project $303.04 average target (17.39% upside), while robust liquidity (current ratio 2.07) and drone delivery innovations reinforce competitive positioning. - Divergent valuations emerge: 46 firms rec
As of October 28, 2025,
Goldman Sachs has resumed its coverage of
The firm’s research highlights DoorDash’s solid financial standing, reporting revenue of $11.895 billion and a compound annual growth rate of 19.8% over three years. The company also maintains strong liquidity, with a current ratio of 2.07 and a debt-to-equity ratio of 0.36, supporting its ability to handle market challenges. Furthermore, Goldman Sachs has updated its models to reflect recent operational achievements, further supporting its positive assessment.
Analyst forecasts for DASH’s price vary, with the consensus target at $303.04, suggesting a possible 17.39% increase from the current level. These estimates are drawn from the recommendations of 46 brokerages, resulting in an average recommendation score of 2.1, which corresponds to an "Outperform" rating. Nonetheless, GuruFocus values DASH at $176.11, indicating a more cautious perspective on the stock’s fundamental value.
DASH’s strategic plans include introducing drone delivery services, aiming to boost efficiency and lower costs. These technological advancements are part of a larger strategy to reinforce the company’s strong position in the delivery market, where it already holds significant influence.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
New Cryptocurrency Funds Drive Major Market Shift on Wall Street
In Brief Three new cryptocurrency ETFs debuted on Wall Street with $65 million trading volume. Bitwise's Solana Staking ETF led, benefiting from a zero-fee launch period. Over 150 crypto ETF applications are pending, indicating growing institutional interest.

Ethereum News Update: Crypto’s Political Bet: Trump’s Clemency and $263M in Lobbying Fuel Regulatory Ambiguity
- Ethereum led $522M in crypto liquidations as ETF inflows ($246M) surpassed Bitcoin for first time, signaling institutional adoption shifts. - Crypto groups spent $263M lobbying 2026 U.S. elections, doubling 2024 efforts, while Trump's Binance pardon boosted XRP, ETH, and BTC prices. - Trump Organization's crypto income surged 17-fold to $864M via token sales, raising ethical concerns amid UK money laundering probes into linked partners. - CLARITY Act faces 20% passage chance by 2026 deadline despite clos

From Stocks to Crypto: 5 Altcoins Set to Soar 80%+ as Capital Rotates Into the Market

Shiba Inu Slips, Sui Targets $2.90 Breakout, and BlockDAG’s Presale Races Toward Its $600M Goal!
Explore how Shiba Inu faces downside pressure, Sui strengthens on ETF attention, and BlockDAG’s presale surges toward $600M as demand climbs!Shiba Inu Price Drops as Market Momentum StallsSui Eyes Breakout Toward $2.90Why $600M Is Just the Beginning for BlockDAG!Final Thoughts
