What Does the Street Say About DoorDash (DASH)?

DoorDash, Inc. (NASDAQ:DASH) is one of the best e-commerce stocks to buy now. UBS revised the price target on DoorDash, Inc. (NASDAQ:DASH) to $245 from $241 on February 2, keeping a Neutral rating on the shares. The same day, Goldman Sachs added DoorDash, Inc. (NASDAQ:DASH) to its US Conviction List as part of its monthly update, telling investors in a research note that the company is well-positioned cyclically and secularly into 2026. The firm believes that a healthy consumer should sustain DoorDash, Inc.’s (NASDAQ:DASH) revenue growth, and maintains a bullish outlook on the stock, assigning it a Buy rating with a $267 price target.

In another development, Guggenheim adjusted the price target on DoorDash, Inc. (NASDAQ:DASH) to $275 from $280 on January 29, reaffirming a Buy rating on the stock. The rating update came ahead of the company’s fiscal Q4 earnings set to be announced on February 18, with the firm telling investors that it lowered its price target before the financial results release as it anticipates lingering investment effect into 2027.

DoorDash, Inc. (NASDAQ:DASH) is involved in the design, operation, and development of a food delivery and logistics platform that operates in the United States, Canada, and Australia.

While we acknowledge the potential of DASH as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.