Analysts Raise DoorDash Price Targets to $245, $267 and $275
UBS raised its price target on DoorDash to $245 from $241, retaining a Neutral rating as of February 2. Goldman Sachs added DoorDash to its US Conviction List with a Buy rating and $267 target, while Guggenheim adjusted its target to $275 from $280 ahead of fiscal Q4 earnings.
1. UBS Revises Price Target and Rating
UBS raised its price target on DoorDash to $245 from $241 on February 2 and maintained a Neutral rating, reflecting expectations for stable consumer demand but cautious near-term growth prospects.
2. Goldman Sachs Adds to Conviction List
On February 2, Goldman Sachs placed DoorDash on its US Conviction List with a Buy rating and a $267 price target, citing durable revenue growth driven by consumer spending resilience.
3. Guggenheim Lowers Price Target Pre-Q4
Ahead of fiscal Q4 earnings on February 18, Guggenheim reduced its price target to $275 from $280 on January 29, anticipating continued investment impacts into 2027 despite long-term growth potential.
4. DoorDash Business Overview
DoorDash operates a food delivery and logistics platform across the United States, Canada and Australia, leveraging network efficiency to capture market share in the rapidly evolving e-commerce ecosystem.