Truist Securities maintains DoorDash Inc. with a Buy rating and lowers the target price to $200 from $230 on the company’s stock.
Based on the DoorDash Inc stock forecasts from 19 analysts, the average analyst target price for DoorDash Inc is USD 199.31 over the next 12 months. DoorDash Inc’s average analyst rating is Strong Buy. Stock Target Advisor’s own stock analysis of DoorDash Inc is Slightly Bearish, which is based on 3 positive signals and 4 negative signals. At the last closing, DoorDash Inc’s stock price was USD 73.15. DoorDash Inc’s stock price has changed by -16.29% over the past week, -38.11% over the past month and -43.03% over the last year.
What we like:
High market capitalization
This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.
The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.
Positive cash flow
The company had positive total cash flow in the most recent four quarters.
What we don’t like:
Poor risk adjusted returns
This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.
Below median dividend returns
The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.
Overpriced compared to book value
The stock is trading high compared to its peers median on a price to book value basis.
Overpriced on cashflow basis
The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.
Stock Target Advisor is not a broker/dealer, investment advisor, or platform for making stock buying or selling decisions. Our goal is to democratize and simplify financial information through automated analysis, aggregation of stock information, and education to help investors with their research. No content on our site, blogs or newsletters constitutes – or should be understood as constituting – a recommendation to enter into any securities transactions or to engage in any of the investment strategies presented in our site content. We also cannot guarantee the accuracy of any information presented on our site and in our analysis.