Doordash Stock Forecast

20 Wall Street analysts have issued 12 month price targets for DoorDashs stock. The shares of DoorDash Inc NYSEDASH are down 33 at 16119 this morning after the food delivery concern announced its first quarterly report since going public in.

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Doordash stock forecast. DoorDash Inc raised its forecast for annual gross order value on Thursday as food delivery demand remained resilient in the first quarter against. DoorDash last posted its earnings results on February 25th 2021. Still DoorDashs guidance on MGOV for all of 2021 is between 30 billion and 33 billion which would be a 275 increase at the midpoint from the 247 billion in.

In order for the stock price to hit the forecast high the stock would need to surge 4419 from its current level while the stock would need to crash -387 from its current level to reach the projected low. The reported 267 earnings per share EPS for the quarter missing analysts consensus estimates of 075 by 192. On average they expect DoorDashs share price to reach 16912 in the next year.

The firm had revenue of 970 million for the quarter compared to the consensus estimate of 92788 million. DoorDash which went public in December said it expects full-year marketplace gross order value which is the total value of all orders placed on its app as well as fees for its DashPass subscription service of 35 billion to 38 billion compared with a previous forecast of 30 billion to 33 billion. What is DASHs Earnings Per Share EPS forecast for 2021-2023.

DASH DoorDashs current Earnings Per Share EPS is -739. DASH projections and forecasts. DoorDash spikes over 9 as Q1 revenue tops expectations.

Earnings to increase by 312 but the outlook for the next 5. DoorDash DASH reported first-quarter results that showed huge improvements from a year ago. DoorDash Shares of the food delivery company surged 225 after the firm boosted its outlook for 2021DoorDash raised its annual forecast for order value to.

Annual revenue last year 29B. The average price target is 17667 with a high forecast of 21000 and a low forecast of 15300. Annual profit last year-4610M.

It also issued an upbeat outlook for the second-quarter and full-year 2021. MASSIVE Airbnb IPO and the ABNB stock price prediction and Door Dash stock price prediction with the DoorDash IPO. Given the current short-term trend the stock is expected to fall -2504 during the next 3 months and with a 90 probability hold a price between 7374 and 12188 at the end of this 3-month period.

Trend forecast is still in the development phase and should be used with caution. This suggests a possible upside of 362 from the stocks current price. DASH estimates and forecasts Looking at the companys year-on-year earnings data shows that the past 5-year has an earnings growth rate of 0.

The 2021 estimates are for DoorDash Inc. EPS forecast this quarter-008. Join our private community over at Patre.

- Try Now Risk-Free - Money-back guarantee. DoorDash posted first-quarter revenue of 11 billion up 198 from a year earlier and ahead of the Street consensus forecast for 999 million. The average DoorDash stock price prediction forecasts a potential downside of NA from the current DASH share price of 12489.

Looking at the companys year-over-year earnings the past five years showed a negative earnings growth rate of 0. Based on 11 analysts offering 12 month price targets for DoorDash in the last 3 months. DoorDash is moving to hold its dominance as COVID-19 lockdowns relax and vaccines roll out.

DoorDash has a market cap of 485 billion and is trading at a forward price to 2021 sales ratio of 131x which seems lofty. Analysts expect the company to report an adjusted profit in 2021 indicating a price to earnings ratio of over 1000x. Their forecasts range from 13500 to 21000.

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