DoorDash (DASH) Stock Forecast, Price & News

20 Wall Street 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 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 Wall Street analysts have issued 1 year price targets for DoorDash's shares. Their DASH share price forecasts range from $40.00 to $125.00. On average, they expect the company's share price to reach $89.77 in the next twelve months. This suggests a possible upside of 14.1% from the stock's current price.
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DoorDash's stock was trading at $48.82 on January 1st, 2023. Since then, DASH stock has increased by 61.2% and is now trading at $78.70.
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DoorDash saw a increase in short interest in the month of 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 shares of the stock are short sold.
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 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 earned $2.13 billion during the quarter, compared to analysts' expectations of $2.06 billion. DoorDash had a negative trailing twelve-month return on equity of 13.14% and a negative net margin of 16.47%. The firm's revenue for the quarter was up 32.6% on a year-over-year basis. During the same period last year, the company posted ($0.72) earnings per share.

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 initial public offering 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 investors 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 $78.70.

DoorDash (NYSE:DASH) has a market capitalization of $30.95 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.