Doordash's 15-min chart triggers KDJ Golden Cross, bullish Marubozu signal.

As of August 28, 2025, at 12:15 PM, DoorDash's 15-minute chart has triggered a KDJ Golden Cross and Bullish Marubozu, indicating a shift in momentum towards the upside. This suggests that the stock price has the potential to further increase, as buyers continue to dominate the market and bullish momentum is likely to persist.

DoorDash Inc. (NASDAQ: DASH) has seen a significant boost in its stock price, with recent analyst upgrades and strategic moves driving optimism among investors. As of August 28, 2025, at 12:15 PM, the 15-minute chart of DoorDash's stock triggered a KDJ Golden Cross and Bullish Marubozu, indicating a shift in momentum towards the upside [1]. This technical indicator suggests that the stock price has the potential to further increase, as buyers continue to dominate the market and bullish momentum is likely to persist.

Analysts at Citizens JMP have reiterated their Market Outperform rating on DoorDash, with a price target of $335.00. The firm highlights the company's strong performance with 23.78% revenue growth and profitability over the last twelve months. JMP also notes the potential impact of autonomous delivery technology on DoorDash's operations, which could significantly lower variable costs and accelerate adoption [1].

DoorDash is also making strategic moves to enhance its market presence. The company is undergoing a $3.9 billion acquisition of Deliveroo, which will be reviewed by the European Union under its simplified merger procedure. Additionally, DoorDash has partnered with Ace Pickleball Club to offer on-demand delivery services to pickleball players across the United States. In collaboration with McDonald’s, DoorDash has launched a direct ordering system on the McDonald’s website, allowing customers to place delivery orders without app downloads or account creation. The company is also expanding its partnership with RELEX Solutions to improve inventory management at its DashMart fulfillment centers, leveraging AI-driven supply chain tools [1].

Another significant development is the upgrade in price targets by Susquehanna, which raised its target to $300.00, citing a 23% year-over-year growth in gross order value and a 20% increase in order growth, surpassing analyst expectations [1]. These developments underscore DoorDash's strategic efforts to enhance its market presence and operational capabilities.

In conclusion, DoorDash's stock has shown strong technical indicators and positive analyst ratings, supported by strategic moves and growth in gross order value. Investors should keep an eye on these developments as they could continue to drive the stock price upward.

References:
[1] https://www.investing.com/news/analyst-ratings/doordash-stock-rating-reiterated-at-market-outperform-by-jmp-93CH-4208290