DoorDash (DASH) Stock Forecast & Price Target

DoorDash, an online delivery service founded in 2013, has demonstrated promising financial growth, with projected organic gross order value (GOV) growth in the mid-teens for 2026 and 2027, alongside expectations for adjusted EBITDA growth exceeding 30% annually. The company has shown a strong acceleration in orders, with a 21% year-over-year growth rate in the third quarter and a corresponding 25% growth in GOV, underscoring a robust marketplace presence and increasing consumer demand. Recent increases in revenue projections for fiscal year 2025 indicate positive momentum, driven by robust metrics such as doubled monthly active user additions compared to the previous year and continued expansion into grocery and retail sectors.

DoorDash's stock outlook is negatively affected by multiple factors, including compressed growth prospects forecasted for the near term, resulting in reduced revenue margins and increased competition across new verticals. The anticipated difficulties in effectively integrating Deliveroo and various regulatory risks could hinder long-term profitability, while a general macroeconomic downturn poses further challenges. Despite some forecasts suggesting a return to margin expansion by 2027, the significant market capitalization loss following investments in future growth highlights investor concern regarding the company's ability to achieve its targets.