What the Options Market Tells Us About DoorDash
Portfolio Pulse from Benzinga Insights
The options market shows a bearish sentiment towards DoorDash (NASDAQ:DASH), with 66% of traders displaying bearish tendencies. Recent options trades indicate a targeted price range of $135 to $160. Despite this, analysts have mixed ratings, with price targets ranging from $155 to $177.
September 30, 2024 | 3:45 pm
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NEGATIVE IMPACT
The options market indicates a bearish sentiment towards DoorDash, with 66% of trades being bearish. Analysts have mixed ratings, with price targets ranging from $155 to $177.
The options market shows a significant bearish sentiment with 66% of trades being bearish. This is likely to impact the stock negatively in the short term. However, analysts have mixed ratings, which could provide some support to the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100