DoorDash (DASH) stock forecast for 2023
Last update: September 27, 2023 (10:09)Sector: Communication services
The share price of DoorDash, Inc. (DASH) now
50/200 Day Moving Average: $81.19 / $65.11
This figure corresponds to the Average Price over the previous 50/200 days. For DoorDash stocks, the 50-day moving average is the resistance level today.
For DoorDash stocks, the 200-day moving average is the resistance level today.
Are you interested in DoorDash stocks and want to buy them, or are they already in your portfolio? If yes, then on this page you will find useful information about the dynamics of the DoorDash stock price in 2023. How much will one DoorDash share be worth in 2023? Is it worth taking profit / loss on DoorDash stock now or waiting? What are analysts' forecasts for DoorDash stock?
We forecast DoorDash stock performance using neural networks based on historical data on DoorDash stocks. Also, when forecasting, technical analysis tools are used, world geopolitical and news factors are taken into account. The DoorDash stock prediction results are shown below and presented as a graph, table and text information.
DoorDash stock forecasts are adjusted once a day based on the closing price of the previous trading day.
The minimum target price for DoorDash analysts is $92.84.
Today 200 Day Moving Average is the support level (65.11 $).
50 Day Moving Average is the support level (81.19 $).
Historical and forecast chart of DoorDash stock
The chart below shows the historical price of DoorDash stock and a prediction chart for the next year. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. Detailed values for the DoorDash stock price can be found in the table below.
DoorDash (DASH) Forecast for 2023
DoorDash information and performance
DoorDash is an American food delivery service operating in 850 cities in North America by December 2020. The number of restaurants connected to the platform is 390 thousand, and the number of its users is 18 million.
303 2ND STREET, SOUTH TOWER, 8TH FLOOR, SAN FRANCISCO, CA, US
Market capitalization of the DoorDash, Inc. is the total market value of all issued shares of a company. It is calculated by the formula multiplying the number of DASH shares in the company outstanding by the market price of one share.
EBITDA of DoorDash is earnings before interest, income tax and depreciation of assets.
P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit
Price/earnings to growth
Dividend Per Share is a financial indicator equal to the ratio of the company's net profit available for distribution to the annual average of ordinary shares.
Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price.
EPS shows how much of the net profit is accounted for by the common share.
Trailing P/E depends on what has already been done. It uses the current share price and divides it by the total earnings per share for the last 12 months.
Forward P/E uses projections of future earnings instead of final numbers.
Enterprise Value (EV) /Revenue
The EV / EBITDA ratio shows the ratio of the cost (EV) to its profit before tax, interest and amortization (EBITDA).
Number of issued ordinary shares
Number of freely tradable shares
Shares Short Prior Month - the number of shares in short positions in the last month.
DoorDash price target for 2023 by month
Target values for the price of one DoorDash share for Oct 2023.
In Oct, the Positive dynamics for Momo shares will prevail with possible monthly volatility of 9.498% volatility is expected.
Pessimistic target level: 75.75
Optimistic target level: 83.70
Target values for the price of one DoorDash share for Nov 2023.
In Nov, the Negative dynamics for Momo shares will prevail with possible monthly volatility of 10.471% volatility is expected.
Pessimistic target level: 72.25
Optimistic target level: 80.70
Target values for the price of one DoorDash share for Dec 2023.
In Dec, the Positive dynamics for Momo shares will prevail with possible monthly volatility of 8.315% volatility is expected.
Pessimistic target level: 73.36
Optimistic target level: 80.01
Related stocks from Communication services sector
All forecast data on the site are provided for informational purposes of using neural forecasting tools in the financial market and are not a call to action and, moreover, are not trading signals. When using the forecast data, the investor assumes all financial risks. The pandaforecast.com portal is not responsible for the loss of your money in the stock market as a result of using the information contained on the site.