DoorDash (DASH) Stock Forecast, Price & News

20 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for DoorDash in the last twelve months. There are currently 1 sell rating, 12 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" DASH shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in DASH, but not buy additional shares or sell existing shares.
View DASH analyst ratings or view top-rated stocks.

20 brokers have issued 1-year price objectives for DoorDash's stock. Their DASH share price forecasts range from $40.00 to $125.00. On average, they anticipate the company's share price to reach $89.77 in the next twelve months. This suggests a possible upside of 14.9% from the stock's current price.
View analysts price targets for DASH or view top-rated stocks among Wall Street analysts.

DoorDash's stock was trading at $48.82 on January 1st, 2023. Since then, DASH shares have increased by 60.1% and is now trading at $78.15.
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DoorDash saw a increase in short interest in August. As of August 31st, there was short interest totaling 13,790,000 shares, an increase of 5.7% from the August 15th total of 13,050,000 shares. Based on an average daily volume of 3,110,000 shares, the short-interest ratio is presently 4.4 days. Currently, 5.3% of the shares of the stock are sold short.
View DoorDash's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, November 2nd 2023.
View our DASH earnings forecast.

DoorDash, Inc. (NYSE:DASH) issued its quarterly earnings data on Wednesday, August, 2nd. The company reported ($0.44) earnings per share for the quarter, missing analysts' consensus estimates of ($0.42) by $0.02. The firm had revenue of $2.13 billion for the quarter, compared to the consensus estimate of $2.06 billion. DoorDash had a negative net margin of 16.47% and a negative trailing twelve-month return on equity of 13.14%. The business's revenue for the quarter was up 32.6% compared to the same quarter last year. During the same quarter in the prior year, the firm earned ($0.72) EPS.

ETFs with the largest weight of DoorDash (NYSE:DASH) stock in their portfolio include Renaissance IPO ETF (IPO), ProShares On-Demand ETF (OND), AI Powered Equity ETF (AIEQ), Long Cramer ETF (LJIM), Franklin Disruptive Commerce ETF (BUYZ), Vesper U.S. Large Cap Short-Term Reversal Strategy ETF (UTRN), iShares Virtual Work and Life Multisector ETF (IWFH) and Amplify Online Retail ETF (IBUY).

(DASH) raised $2.6 billion in an IPO on Wednesday, December 9th 2020. The company issued 33,000,000 shares at a price of $75.00-$85.00 per share. Goldman Sachs and J.P. Morgan acted as the underwriters for the IPO and Barclays, Deutsche Bank Securities, RBC Capital Markets, UBS Investment Bank, Mizuho, JMP Securities, Needham & Co., Oppenheimer & Co., Piper Sandler and William Blair were co-managers.

DoorDash trades on the New York Stock Exchange (NYSE) under the ticker symbol "DASH."

DoorDash's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include SC US Ttgp LTD. (8.88%), Capital Research Global Investors (4.70%), BlackRock Inc. (3.76%), Baillie Gifford & Co. (3.15%), SB Investment Advisers UK Ltd. (3.04%) and Sands Capital Management LLC (2.20%). Insiders that own company stock include Alfred Lin, Andy Fang, Christopher D Payne, Christopher D Payne, Fast (Cayman) Ltd Svf, Gordon S Lee, Gordon S Lee, Keith Yandell, Prabir Adarkar, Ravi Inukonda, Shona L Brown, Shona L Brown, Stanley J Meresman, Stanley J Meresman, Stanley Tang, Tia Sherringham, Tony Xu, Us (Ttgp) Ltd Sc and William M Brown.
View institutional ownership trends.

Shares of DASH stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of DASH stock can currently be purchased for approximately $78.15.

DoorDash (NYSE:DASH) has a market capitalization of $30.74 billion and generates $6.58 billion in revenue each year. The company earns $-1,365,000,000.00 in net income (profit) each year or ($3.27) on an earnings per share basis.

The company employs 16,800 workers across the globe.

The official website for the company is www.doordash.com. The company can be reached via phone at 650-487-3970 or via email at ir@doordash.com.