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
Aerodrome price surges 10% after Animoca Brands announces strategic investment
Ethereum News Today: Fusaka Upgrade for Ethereum: Achieving Scalability While Maintaining Security and Decentralization
- Ethereum's Fusaka upgrade completes final testnet phase, set for December 3 mainnet launch to enhance scalability and compete with high-throughput blockchains. - Key EIPs like PeerDAS reduce node costs and enable 12,000 TPS, with phased deployment prioritizing security while expanding data capacity and parallel execution. - Upgrade aligns with Ethereum's "Surge" roadmap to resolve the blockchain trilemma, following Pectra's staking improvements and preceding 2026's Glamsterdam phase. - Market analysts pr
Web3’s Fluctuations Encounter 7-Month Nurturing: Fortify Labs Strives for Long-Term Stability
- Fortify Labs, a Web3 accelerator backed by TZ APAC, launched its 2026 application cycle, offering up to $1.3M in funding and seven-month mentorship for sustainable blockchain projects. - The program emphasizes long-term incubation over rapid scaling, leveraging Tezos and Etherlink ecosystems to balance scalability, compliance, and cross-chain interoperability for DeFi and gaming. - Past successes include Questflow (156x user growth) and Sogni AI (90,000 mainnet users), highlighting tailored support in to
Visa’s growth in stablecoin adoption is propelling digital assets into the worldwide marketplace
- Visa expands stablecoin payments across Ethereum, Solana, Stellar, and Avalanche, supporting USD/EUR-pegged assets convertible to 25+ fiat currencies. - Partnerships with Circle and PayPal enable financial institutions to mint/burn stablecoins via Visa's tokenized platform, accelerating $140B+ crypto flows since 2020. - CEO highlights 400% YoY growth in stablecoin-linked card spending, with $2.5B+ annualized settlement volumes in Q4 2025, driven by cross-border payment demand. - Strategic expansion align
Trending news
MoreCrypto prices
More
