DoorDash
DASH (NYSE)
DoorDash is poised for growth, with projected improvements in gross order value and an expected EBITDA increase of 3% by FY2027, driven by automation and enhanced unit economics. Ideal for investors looking for robust long-term potential, the company is anticipated to achieve mid-teens organic gross order value growth in the coming years. Analysts currently maintain a median price target of $280, with a range between $224 and $350, reflecting a B- rating overall, indicating a cautious yet optimistic outlook on DoorDash's performance.
Pros:
- Strong market share
- Growth in gross order value
Cons:
- Recent negative returns
- High competition in delivery services
In summary, DoorDash (DASH) presents a potential investment opportunity for those seeking long-term growth, particularly as the company aims to enhance its unit economics and drive significant gross order value increases in the coming years. However, investors should consider the absence of dividends and weigh the projected performance against their individual risk tolerance and investment strategies.