DoorDash, Inc. (NASDAQ:DASH) Given Consensus Rating of "Moderate Buy" by Analysts

Market Beat
2024.09.15 06:14
portai
I'm PortAI, I can summarize articles.

DoorDash, Inc. (NASDAQ:DASH) has received a "Moderate Buy" consensus rating from 30 research firms. Eleven analysts recommend holding the stock, while nineteen suggest buying. The average 1-year price target is $75.57. Recent reports indicate a revenue increase of 23.3% year-over-year, despite a quarterly EPS miss. Insider trading activity includes significant sales by CEO Tony Xu and Director Andy Fang. Institutional investors like Vanguard Group have increased their stakes in DoorDash, reflecting growing confidence in the company's performance.