DASH's third-quarter 2025 results are likely to benefit from strong total orders and Marketplace GOV.
Retail investor sentiment around DoorDash (NASDAQ: DASH) has deteriorated sharply over the past five days.
DoorDash (DASH) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Goldman Sachs Group Inc (NYSE:GS, ETR:GOS) has reinstated its ‘Buy' rating on food delivery platform DoorDash Inc (NYSE:DASH), setting a 12-month price target of $315 following the company's acquisition of Deliveroo. The firm wrote that the target implies roughly 22% upside from current levels and reflects what it sees as an attractive risk/reward profile relative to other large-cap companies.
DoorDash Inc (NASDAQ:DASH) stock was last seen up 3.6% at $267.56 today, after Goldman Sachs reinstated coverage with a "buy" rating and $315 price target.
The sprawling metropolis of Phoenix continues to be a testbed for Waymo, and not just on the technical front. The Alphabet-owned company has used its first testing and commercial market to experiment with its business model, too, including delivery.
The image featured for this article is © mezzotint / Shutterstock.com
DoorDash has surged 95% in the past year, driven by its shift to profitability and improved operational efficiency. The company reported its first full year of GAAP net income, and maintains strong demand, with ROIC rising to 8.57%. Valuation appears stretched, with a TTM P/S ratio of 10.11 and a reverse DCF implying the need for a 34.8% FCF CAGR for a decade.
Serve Robotics Inc (NASDAQ: SERV) shares powered 26% higher to $17.27 in midday trading on Thursday after the autonomous sidewalk delivery company announced a new multi-year strategic partnership with DoorDash to roll out autonomous robot deliveries across the US. The agreement will see Serve's autonomous sidewalk robots begin delivering orders placed via the DoorDash app in Los Angeles first before expanding nationwide over time.
DoorDash customers in Los Angeles might soon have their food brought to them by one of Serve Robotics' sidewalk delivery bots. The two companies on Thursday announced a multi-year partnership that would see them using autonomous robots to make deliveries across the U.S.
Gig economy presents multiple benefits, and for those looking to capitalize on this growing trend, keeping an eye on stocks such as LYFT, DASH and UBER could be prudent.
Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.