DoorDash Inc [NASDAQ: DASH] stock went on a downward path that fall over -5.15% on Thursday, amounting to a one-week price increase of more than 0.68%.
Over the last 12 months, DASH stock rose by 74.34%. The one-year DoorDash Inc stock forecast points to a potential upside of 9.88. The average equity rating for DASH stock is currently 1.76, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $84.96 billion, with 393.82 million shares outstanding and 331.18 million shares in the current float. Compared to the average trading volume of 2.99M shares, DASH stock reached a trading volume of 7021866 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on DoorDash Inc [DASH]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for DASH shares is $224.43 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on DASH stock is a recommendation set at 1.76. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Argus have made an estimate for DoorDash Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on December 20, 2024. The new note on the price target was released on September 25, 2024, representing the official price target for DoorDash Inc stock. Previously, the target price had yet another raise to $155, while Raymond James analysts kept a Outperform rating on DASH stock.
The Average True Range (ATR) for DoorDash Inc is set at 6.19, with the Price to Sales ratio for DASH stock in the period of the last 12 months amounting to 7.92. The Price to Book ratio for the last quarter was 10.88, with the Price to Cash per share for the same quarter was set at 13.17. Price to Free Cash Flow for DASH in the course of the last twelve months was 47.15 with Quick ratio for the last quarter at 1.65.
DASH Stock Performance Analysis:
DoorDash Inc [DASH] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 0.68. With this latest performance, DASH shares gained by 13.56% in over the last four-week period, additionally plugging by 56.11% over the last 6 months – not to mention a rise of 74.34% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for DASH stock in for the last two-week period is set at 61.12, with the RSI for the last a single of trading hit 56.80, and the three-weeks RSI is set at 62.50 for DoorDash Inc [DASH]. The present Moving Average for the last 50 days of trading for this stock 181.65, while it was recorded at 209.30 for the last single week of trading, and 144.15 for the last 200 days.
Insight into DoorDash Inc Fundamentals:
DoorDash Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.65 and a Current Ratio set at 1.65.
DASH Stock EPS
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for DASH. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for DoorDash Inc go to 168.85%.
DoorDash Inc [DASH] Institutonal Ownership Details
The top three institutional holders of DASH stocks are: SC US (TTGP), LTD. with ownership of 31.61 million shares, which is approximately 7.6995%. VANGUARD GROUP INC, holding 30.75 million shares of the stock with an approximate value of $$3.35 billion in DASH stocks shares; and VANGUARD GROUP INC, currently with $$2.66 billion in DASH stock with ownership which is approximately 6.0301%.
