We recently published 10 Stocks On Jim Cramer’s Mind & His Thoughts On Enterprise AI. DoorDash Inc. (NASDAQ:DASH) is one of the stocks on Jim Cramer’s mind.
DoorDash Inc. (NASDAQ:DASH) is a commerce company that provides payment processing, customer acquisition, delivery fulfillment, and other services. The shares are down by 11% over the past year and by 19% year-to-date. DoorDash Inc. (NASDAQ:DASH)’s shares experienced turmoil earlier this week following the firm’s fourth-quarter earnings report. The results saw the company post $3.96 billion in revenue and $0.48 in earnings per share. Both of these missed analyst estimates of $3.99 billion and $0.59. However, during the quarter, DoorDash Inc. (NASDAQ:DASH)’s orders also grew by 32% which outpaced the year-ago figure of 19%. Ahead of the earnings, several analysts had discussed the stock. For instance, UBS raised the price target to $245 from $241 and kept a Neutral rating, Guggenheim cut the target to $275 from $280 and kept a Buy rating, while Stifel lowered the target to $224 from 253 and kept a Hold rating. Stifel cautioned that DoorDash Inc. (NASDAQ:DASH) could experience pricing in 2026. Cramer discussed the firm in a tweet as he called it powerful:
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“DASH-powerful; Carvana- not as bad as it looks, -W when will it make money? Figma.. oh please”
While we acknowledge the potential of DASH as an investment, 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 extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, 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.
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