NYSE:DASH

DoorDash (DASH) Stock Forecast, Price & News

$76.18

+0.57 (+0.75%)

(As of 09/22/2023 08:51 PM ET)

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Today's Range: $75.62
▼
$77.37
50-Day Range: $75.61
▼
$90.79
52-Week Range: $41.37
▼
$92.61

Volume: 1.74 million shs
Average Volume: 3.87 million shs
Market Capitalization: $29.96 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $89.77

DoorDash MarketRank™ Forecast

Analyst Rating: Hold
2.30 Rating Score
Upside/Downside: 17.8% Upside
$89.77 Price Target
Short Interest: Bearish
5.31% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.08
Based on 53 Articles This Week
Insider Trading: Selling Shares
$80.85 M Sold Last Quarter
Proj. Earnings Growth: Growing
From ($1.74) to ($0.94) Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.77 out of 5 stars

Computer And Technology Sector

487th out of 587 stocks

Business Services, Not Elsewhere Classified Industry

77th out of 89 stocks

3.2

Analyst's Opinion

Consensus Rating
DoorDash has received a consensus rating of Hold. The company's average rating score is 2.30, and is based on 7 buy ratings, 12 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $89.77, DoorDash has a forecasted upside of 17.8% from its current price of $76.18.
Amount of Analyst Coverage
DoorDash has been the subject of 15 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

1.0

Short Interest

Percentage of Shares Shorted
5.31% of the float of DoorDash has been sold short.
Short Interest Ratio / Days to Cover
DoorDash has a short interest ratio ("days to cover") of 4.4.
Change versus previous month
Short interest in DoorDash has recently increased by 5.67%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
DoorDash does not currently pay a dividend.
Dividend Growth
DoorDash does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for DASH.

1.7

News and Social Media Coverage

News Sentiment
DoorDash has a news sentiment score of 0.08. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.58 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 53 news articles for DoorDash this week, compared to 15 articles on an average week.
Search Interest
Only 13 people have searched for DASH on MarketBeat in the last 30 days. This is a decrease of -48% compared to the previous 30 days.
MarketBeat Follows
Only 5 people have added DoorDash to their MarketBeat watchlist in the last 30 days. This is a decrease of -29% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, DoorDash insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $80,848,006.00 in company stock.
Percentage Held by Insiders
Only 9.59% of the stock of DoorDash is held by insiders.
Percentage Held by Institutions
75.84% of the stock of DoorDash is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6

Earnings and Valuation

Earnings Growth
Earnings for DoorDash are expected to grow in the coming year, from ($1.74) to ($0.94) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of DoorDash is -23.30, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of DoorDash is -23.30, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
DoorDash has a P/B Ratio of 4.42. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About DoorDash (NYSE:DASH) Stock

DoorDash, Inc. operates a logistics platform that connects merchants, consumers, and dashers in the United States and internationally. It operates DoorDash and Wolt marketplaces, which provides an array of services that enable merchants to solve mission-critical challenges, such as customer acquisition, delivery, insights and analytics, merchandising, payment processing, and customer support; DashPass and Wolt+, a membership products; and offers DoorDash Drive and Wolt Drive, a white-label delivery fulfillment services; DoorDash Storefront that enables merchants to offer consumers on-demand access to e-commerce; and Bbot, which offers merchants digital ordering and payment solutions for in-store and online channels. The company was formerly known as Palo Alto Delivery Inc. and changed its name to DoorDash, Inc. in 2015. DoorDash, Inc. was incorporated in 2013 and is headquartered in San Francisco, California.

DASH Price History

30 days | 90 days | 365 days | Advanced Chart

DASH Stock News Headlines

September 22, 2023 | marketbeat.com

Is New IPO Instacart Already Hitting Speed Bumps? (DASH)

Instacart's IPO was eagerly awaited, but the stock, like other recent IPOs including Arm and Klaviyo, traded lower after an opening-day price pop.

August 25, 2023 | marketbeat.com

DoorDash to pay $1.6M to its workers for violating Seattle sick time policy

DoorDash will pay $1.6 million to its workers after a city of Seattle investigation found the company failed to implement the city’s required sick and safe time policy

September 25, 2023 | Legacy Research (Ad)

WARNING: Mandatory U.S. Dollar Recall is Weeks Away

If you have any U.S. dollars in your bank account… You must see this shocking video exposing the government’s new plan to recall the U.S. dollar. According to Business Insider, this recall “could be imminent.” And if you don’t prepare now, you could end up holding a bunch of worthless U.S. dollars.

September 24, 2023 | msn.com

Who Are The Chefs In The DoorDash Commercial?

September 23, 2023 | finance.yahoo.com

Best Growth Stock to Buy: Uber Stock vs. DoorDash Stock

September 23, 2023 | americanbankingnews.com

DoorDash (NYSE:DASH) Rating Reiterated by JMP Securities

September 22, 2023 | msn.com

BE AWARE WHEN ORDERING DOORDASH!!!!

September 22, 2023 | msn.com

Davidson Co. Senior Services tests Meals-on-Wheels deliveries by DoorDash, Forsyth Co. looking for volunteers

September 25, 2023 | Chaikin Analytics (Ad)

This is the #1 Stock to Buy for the AI Tidal Wave

Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.

September 22, 2023 | msn.com

DoorDash: Cautiously Optimistic Prospects But Significant Competitive Risks

September 22, 2023 | seekingalpha.com

DoorDash: No Longer Willing To Pay The Price

September 21, 2023 | msn.com

Davidson County Senior Services tests Meals-on-Wheels deliveries by DoorDash as Forsyth County looks for additional volunteers

September 21, 2023 | markets.businessinsider.com

DoorDash's Global Ambitions Are Outpacing Rivals: Analyst

September 21, 2023 | msn.com

‘A singular cup of straight-up milk’: Starbucks customer says DoorDash glitched and removed all the contents from her Iced Pumpkin Cream Chai Tea Latte

September 21, 2023 | markets.businessinsider.com

DoorDash’s International Potential and Profitability Underappreciated: A Buy Rating Reinforcement

September 20, 2023 | msn.com

DoorDash driver accused of licking woman’s face no longer in jail, records show

September 20, 2023 | msn.com

DoorDash: Initiating At A Buy, Driven By Margin Buildup

September 20, 2023 | finance.yahoo.com

DoorDash (DASH) Expands Grocery & Alcohol Delivery With ALDI

September 20, 2023 | news.yahoo.com

DoorDash driver attacks manager in Wingstop kitchen when food wasn’t ready, TX cops say

September 20, 2023 | americanbankingnews.com

DoorDash Target of Unusually Large Options Trading (NYSE:DASH)

September 19, 2023 | nypost.com

DoorDash customer perplexed by mysterious ‘secret code’ driver scrawled on garage in permanent marker: ‘Stay safe’

September 19, 2023 | news.yahoo.com

Passenger stabs gun-wielding man threatening family delivering for DoorDash, AL cops say

September 19, 2023 | finance.yahoo.com

DoorDash, Grubhub, Uber Eats can sue NYC over fee caps

September 19, 2023 | finance.yahoo.com

UPDATE 4-DoorDash, Grubhub, Uber Eats can sue NYC over fee caps

September 19, 2023 | finance.yahoo.com

Instacart focuses on working with gig workers: Early investor

September 19, 2023 | bizjournals.com

DoorDash widens grocery delivery service in Phoenix

September 19, 2023 | msn.com

DoorDash, Grubhub, Uber Eats can sue NYC over commission caps

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DASH Company Calendar

Last Earnings: 8/02/2023
Today: 9/24/2023
Next Earnings (Estimated): 11/02/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Business services, not elsewhere classified
Sub-Industry: N/A
Sector: Computer and Technology
Current Symbol: NYSE:DASH
CUSIP: N/A
CIK: 1792789
Web: www.doordash.com
Phone: 650-487-3970
Fax: N/A
Employees: 16,800
Year Founded: 2013

Price Target and Rating

Average Stock Price Forecast: $89.77
High Stock Price Forecast: $125.00
Low Stock Price Forecast: $40.00
Forecasted Upside/Downside: +17.8%
Consensus Rating: Hold
Rating Score (0-4): 2.30
Research Coverage: 20 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($3.27)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-1,365,000,000.00
Net Margins: -16.47%
Pretax Margin: -16.73%
Return on Equity: -13.14%
Return on Assets: -9.02%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 1.69
Quick Ratio: 1.69

Sales & Book Value

Annual Sales: $6.58 billion
Price / Sales: 4.55
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $17.25 per share
Price / Book: 4.42

Miscellaneous

Outstanding Shares: 393,300,000
Free Float: 355,581,000
Market Cap: $29.96 billion
Optionable: Optionable
Beta: 1.63

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Key Executives

Mr. Tony Xu (Age 38)
Co-Founder, CEO & Chair
Comp: $300.22k

Mr. Prabir Adarkar (Age 45)
Pres & COO
Comp: $350.25k

Ms. Tia Sherringham (Age 41)
Gen. Counsel & Sec.
Comp: $350.18k

Mr. Keith Yandell (Age 43)
Chief Bus. Officer
Comp: $350.22k

Mr. Andy Fang (Age 30)
Head of Consumer Engineering & Director

Mr. Stanley Tang (Age 29)
Head of DoorDash Labs & Director

Mr. Ravi Inukonda (Age 46)
Chief Financial Officer

Mr. Gordon Lee (Age 44)
Chief Accounting Officer

Mr. Andrew Rex Hargreaves C.F.A.
VP of Investor Relations

Mr. Thomas Corning Pickett Jr. (Age 54)
Chief Revenue Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

DASH Stock - Frequently Asked Questions

Should I buy or sell DoorDash stock right now?: 20 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for DoorDash in the last year. There are currently 1 sell rating, 12 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street equities 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.
What is DoorDash's stock price forecast for 2023?: 20 equities research analysts 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 expect the company's stock price to reach $89.77 in the next year. This suggests a possible upside of 17.8% from the stock's current price.
View analysts price targets for DASH or view top-rated stocks among Wall Street analysts.
How have DASH shares performed in 2023?: DoorDash's stock was trading at $48.82 at the beginning of the year. Since then, DASH shares have increased by 56.0% and is now trading at $76.18.
View the best growth stocks for 2023 here.
Are investors shorting DoorDash?: 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 trading volume, of 3,110,000 shares, the days-to-cover ratio is presently 4.4 days. Currently, 5.3% of the company's stock are sold short.
View DoorDash's Short Interest.
When is DoorDash's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, November 2nd 2023.
View our DASH earnings forecast.
How were DoorDash's earnings last quarter?: DoorDash, Inc. (NYSE:DASH) posted its quarterly earnings results on Wednesday, August, 2nd. The company reported ($0.44) EPS for the quarter, missing the consensus estimate of ($0.42) by $0.02. The firm had revenue of $2.13 billion for the quarter, compared to analyst estimates 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%. DoorDash's revenue was up 32.6% on a year-over-year basis. During the same quarter last year, the company earned ($0.72) earnings per share.
What ETFs hold DoorDash's stock?: 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).

When did DoorDash IPO?: (DASH) raised $2.6 billion in an initial public offering on Wednesday, December 9th 2020. The company issued 33,000,000 shares at $75.00-$85.00 per share. Goldman Sachs and J.P. Morgan served 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.
What is DoorDash's stock symbol?: DoorDash trades on the New York Stock Exchange (NYSE) under the ticker symbol "DASH."
Who are DoorDash's major shareholders?: DoorDash's stock is owned by a variety of institutional and retail 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.
How do I buy shares of DoorDash?: 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.
Compare Top Brokerages Here.
What is DoorDash's stock price today?: One share of DASH stock can currently be purchased for approximately $76.18.
How much money does DoorDash make?: DoorDash (NYSE:DASH) has a market capitalization of $29.96 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.
How many employees does DoorDash have?: The company employs 16,800 workers across the globe.
How can I contact DoorDash?: 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.

This page (NYSE:DASH) was last updated on 9/25/2023 by MarketBeat.com Staff

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DoorDash (DASH) Stock Forecast, Price & News

DoorDash MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About DoorDash (NYSE:DASH) Stock

DASH Price History

DASH Stock News Headlines

DASH Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Insiders & Institutions

DASH Stock - Frequently Asked Questions

Overall MarketRank^™