Jim Cramer, a prominent financial commentator, has voiced a highly optimistic perspective on DoorDash (DASH), suggesting it as a worthwhile acquisition. This recommendation comes despite recent fluctuations in the stock's value, as Cramer points to the company's impressive fourth-quarter financial achievements as a key indicator of its underlying strength and future prospects. His analysis underscores DoorDash's potential for sustained growth in the competitive online food delivery sector.
DoorDash, a dominant force in the online marketplace and food delivery services, has experienced a 15% decline in its share price over the past year and a 24.5% drop year-to-date. Nevertheless, the company's robust fourth-quarter earnings report has drawn attention from leading financial institutions. On February 20th, Citi adjusted its price target for DoorDash shares from $283 to $280 while maintaining a 'Buy' rating. This adjustment followed DoorDash's impressive fourth-quarter results, which showcased a 37% increase in revenue, a 51% rise in profit, and a 45% growth in earnings. Citi analysts expressed confidence that DoorDash is well-positioned to maintain this positive momentum throughout the year.
Adding to the market's assessment, UBS also weighed in on DoorDash prior to its earnings release, increasing its share price target from $241 to $245, albeit with a 'Neutral' rating. Jim Cramer, known for his direct market commentary, enthusiastically described DoorDash's recent performance as "powerful" in a public statement. He delved into a detailed discussion about DoorDash and its leadership, noting a significant reversal in stock performance from an initial drop to a substantial rebound, indicating strong investor interest and confidence in the company's trajectory.
Further reinforcing the positive sentiment, Sands Capital Select Growth Strategy highlighted DoorDash in its third-quarter 2025 investor letter. The firm acknowledged DoorDash's leading position in the U.S. food delivery market, based on its substantial market share. This recognition from institutional investors like Sands Capital, coupled with Cramer's endorsement and the company's strong financial results, paints a compelling picture for DoorDash's investment potential. The combination of solid fundamentals, strategic market positioning, and positive analyst outlook suggests that DoorDash is a company warranting close observation by investors seeking growth opportunities.
