
DoorDash (DASH) Stock Forecast & Price Target
DoorDash (DASH) Analyst Ratings
Bulls say
DoorDash is projected to experience robust growth, with 2026 estimates indicating a +5.5% incremental margin increase and reported adjusted EBITDA growth exceeding 30% annually, bolstered by both organic growth and the acquisition of Deliveroo. Strong performance metrics from the third quarter, including a +21% year-over-year growth in orders and +25% year-over-year growth in gross order value (GOV), reflect sustained momentum that is expected to continue into 2025 and beyond. Additionally, the substantial increase in monthly active users (MAUs) and DashPass subscriptions further underscores the company's successful expansion across its marketplace, which now encompasses over 350,000 restaurant partners and has strengthened its presence in grocery and retail delivery services.
Bears say
DoorDash's outlook appears negative due to anticipated pressure on EBITDA, which is projected to decline to $3.7 billion as the company plans to invest several hundred million dollars, thereby affecting incremental margins. Despite achieving strong growth metrics, the market's reaction has been overshadowed by lower growth prospects, with management's guidance indicating that incremental margins for the fourth quarter may fall short of consensus expectations. Additionally, DoorDash faces several risks including potential regulatory challenges, intensified competition in the delivery sector, and a corporate governance structure that limits shareholder influence, all of which could further constrain its growth and profitability.
This aggregate rating is based on analysts' research of DoorDash and is not a guaranteed prediction by Public.com or investment advice.
DoorDash (DASH) Analyst Forecast & Price Prediction
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