FMP

FMP

DoorDash, Inc. (NASDAQ:DASH) Maintains Strong Market Presence and Growth Prospects

-

twitterlinkedinfacebook
blog post cover photo

Image credit: Google Images

  • Morgan Stanley reaffirms its "Overweight" rating on DoorDash, Inc. (NASDAQ:DASH), increasing its price target from $220 to $275.
  • DoorDash's stock demonstrates a 0.69% increase over the past week, with a Momentum Style Score of B.
  • The company's market capitalization is approximately $95.35 billion, reflecting its significant industry position.

DoorDash, Inc. (NASDAQ:DASH) is a prominent player in the food delivery industry, providing a platform that connects customers with local restaurants and food outlets. The company has established itself as a leader in the market, competing with other major players like Uber Eats and Grubhub. DoorDash's innovative approach and extensive network have contributed to its significant market presence.

On July 20, 2025, Morgan Stanley reaffirmed its "Overweight" rating for DoorDash, indicating a positive outlook on the stock's performance. At the time, the stock was valued at $239.17. Morgan Stanley also increased its price target for DoorDash from $220 to $275, suggesting confidence in the company's future growth prospects.

DoorDash's stock has shown a 0.69% increase over the past week, making it appealing to momentum investors. Momentum investing focuses on stocks that are trending positively, with the expectation that the trend will continue. DoorDash's Momentum Style Score of B, as reported by Zacks Investment Research, highlights its strong momentum characteristics.

The current stock price of $239.17 reflects a 1.77% increase, or $4.15, from previous levels. Today, the stock has seen fluctuations between $233.51 and $239.18. Over the past year, DoorDash's stock has reached a high of $248.74 and a low of $99.32, showcasing its volatility and potential for significant returns.

DoorDash's market capitalization stands at approximately $95.35 billion, with a trading volume of 3.41 million shares. This substantial market cap underscores the company's strong position in the industry and its ability to attract investor interest.

Other Blogs

Nov 22, 2024 5:08 AM - Parth Sanghvi

Fundamental Analysis: Principles, Types, and How to Use It

Fundamental analysis is one of the most essential tools for investors and analysts alike, helping them assess the intrinsic value of a stock, company, or even an entire market. It focuses on the financial health and economic position of a company, often using key data such as earnings, expenses, ass...

blog post title

Dec 17, 2024 8:58 AM - Sanzhi Kobzhan

Examining Tesla’s Financial Health Using FinancialModelingPrep’s Ratios API

Tesla, one of the world’s most talked-about electric vehicle manufacturers, attracts a lot of attention from investors and market watchers. By examining a snapshot of Tesla’s financial ratios—such as those provided by FinancialModelingPrep’s Ratios API—we can get a clearer picture of the company’s f...

blog post title

Dec 22, 2024 7:59 AM - Sanzhi Kobzhan

Two great Software Platform Stocks Similar to Palantir (PLTR)

When it comes to cutting-edge software and data analytics, Palantir Technologies (NYSE: PLTR) is often front and center. But for many investors, it’s important to consider alternative or complementary stocks in the same sector that may offer robust growth potential. As PLTR looks expensive (overvalu...

blog post title