Is DoorDash (DASH) One of the Best Revenue Growth Stocks to Buy?

DoorDash, Inc. (NASDAQ:DASH) is one of the 12 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).

Is DoorDash (DASH) One of the Best Revenue Growth Stocks to Buy?

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 risk and potential of DASH as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than DASH and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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