5 Best Revenue Growth Stocks to Buy According to Wall Street Analysts

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1. DoorDash, Inc. (NASDAQ:DASH)

5-Year Revenue CAGR: 32.53%

Average Price Target Upside Potential According to Analysts: 60.11%

Number of Hedge Fund Holders: 108

DoorDash, Inc. (NASDAQ:DASH) is one of the best revenue growth stocks to buy according to Wall Street analysts. On May 12, Citizens reiterated its Market Outperform rating on DoorDash, Inc. (NASDAQ:DASH) with a price target of $250 on the stock.

The research firm pointed out that the stock trades at around 14.8 times its 2027 estimated EBITDA of $4.6 billion. The $250 price target is based on a higher multiple of 24 times the same 2027 EBITDA estimate. Citizens noted that DoorDash, Inc. (NASDAQ:DASH) trades at a premium to Uber Technologies, Inc. (NYSE:UBER).

The firm did not change its estimates due to uncertainty around DoorDash, Inc.’s (NASDAQ:DASH) Pathfinder and its go-to-market strategy. Citizens noted payments represent a major growth opportunity beyond delivery. The firm said this could support the company’s multi-year capacity to sustain growth.

This update comes as Citizens assesses DoorDash, Inc.’s (NASDAQ:DASH) expansion into payment services alongside its core delivery business.

DoorDash, Inc. (NASDAQ:DASH) is a technology company that operates a platform connecting consumers with merchants for on-demand delivery services to facilitate the delivery of food, groceries, and retail items.

While we acknowledge the potential of DASH to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than DASH and that has 100x upside potential, check out our report about the cheapest AI stock.

READ NEXT: 10 AI Stocks That Are About to Explode and 10 Best Aggressive Growth Stocks to Buy According to Wall Street Analysts.

Disclosure: None.

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