DoorDash (DASH) Stock Price, News & Analysis

$113.81
-0.50 (-0.44%)
(As of 05/3/2024 ET)
Today's Range
$112.89
$116.75
50-Day Range
$113.81
$140.95
52-Week Range
$60.36
$143.34
Volume
6.21 million shs
Average Volume
4.29 million shs
Market Capitalization
$45.98 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$129.96

DoorDash MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.64 Rating Score
Upside/​Downside
14.2% Upside
$129.96 Price Target
Short Interest
Healthy
3.96% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.24mentions of DoorDash in the last 14 days
Based on 75 Articles This Week
Insider Trading
Selling Shares
$64.05 M Sold Last Quarter
Proj. Earnings Growth
547.62%
From $0.21 to $1.36 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.40 out of 5 stars

Computer And Technology Sector

1489th out of 3,570 stocks

Business Services, Not Elsewhere Classified Industry

283rd out of 534 stocks

DASH stock logo

About DoorDash Stock (NASDAQ:DASH)

DoorDash, Inc., together with its subsidiaries, operates a commerce platform that connects merchants, consumers, and independent contractors in the United States and internationally. The company operates DoorDash Marketplace and Wolt Marketplace, which provide various services, such as customer acquisition, demand generation, order fulfillment, merchandising, payment processing, and customer support. It also offers membership products, including DashPass and Wolt+; DoorDash Drive and Wolt Drive, which are white-label delivery fulfillment services that enable merchants that have generated consumer demand through their channels to fulfill demand using its platform; 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. In addition, the company enables merchants to advertise and promote on its platform to acquire consumers. The company was formerly known as Palo Alto Delivery Inc. and changed its name to DoorDash, Inc. in 2015. DoorDash, Inc. was founded in 2013 and is headquartered in San Francisco, California.

DASH Stock Price History

DASH Stock News Headlines

Qualcomm, Carvana rise; DoorDash, Qorvo fall, Thursday, 5/2/2024
Stocks that are trading heavily or have substantial price changes on Thursday: Qualcomm, Carvana rise; DoorDash, Qorvo fall
Automatic Income (from home)
For over 22 years, Wall Street elites have kept this little-known "income hack" from everyday investors… 6 simple clicks have set up HUGE payouts for "in-the-know" investors… Delivering them passive income 365 days a year.
DoorDash posts better-than-expected Q1 sales as US grocery demand grows
DoorDash has reported higher-than-expected revenue in the first quarter, as strong growth in U.S. grocery orders helped make up for slowing restaurant demand
DoorDash: 5 Compelling Reasons to Buy the Dip
The pandemic made restaurant delivery services a regular fixture in the daily lives of busy consumers. The surge in business has not died down in the post-pandemic era, as delivery services have become a normal part of life.
DoorDash: 5 Compelling Reasons to Buy the Dip
DoorDash Inc. (NASDAQ: DASH) is the leading restaurant and food delivery service in the United States - should you buy the dip?
Automatic Income (from home)
For over 22 years, Wall Street elites have kept this little-known "income hack" from everyday investors… 6 simple clicks have set up HUGE payouts for "in-the-know" investors… Delivering them passive income 365 days a year.
DoorDash (NASDAQ:DASH) Price Target Cut to $140.00
DoorDash (NASDAQ:DASH) Shares Gap Down on Insider Selling
See More Headlines
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Company Calendar

Last Earnings
5/01/2024
Today
5/04/2024
Next Earnings (Estimated)
8/07/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Business services, not elsewhere classified
Sub-Industry
N/A
Current Symbol
NASDAQ:DASH
Fax
N/A
Employees
19,300
Year Founded
2013

Price Target and Rating

Average Stock Price Target
$129.96
High Stock Price Target
$170.00
Low Stock Price Target
$72.00
Potential Upside/Downside
+14.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.64
Research Coverage
25 Analysts

Profitability

Net Income
$-558,000,000.00
Pretax Margin
-4.47%

Debt

Sales & Book Value

Annual Sales
$8.64 billion
Book Value
$17.32 per share

Miscellaneous

Free Float
365,260,000
Market Cap
$45.98 billion
Optionable
Optionable
Beta
1.78

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DASH Stock Analysis - Frequently Asked Questions

Should I buy or sell DoorDash stock right now?

25 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for DoorDash in the last year. There are currently 9 hold ratings and 16 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" DASH shares.
View DASH analyst ratings
or view top-rated stocks.

What is DoorDash's stock price target for 2024?

25 Wall Street research analysts have issued twelve-month price targets for DoorDash's stock. Their DASH share price targets range from $72.00 to $170.00. On average, they predict the company's stock price to reach $129.96 in the next twelve months. This suggests a possible upside of 14.2% 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 2024?

DoorDash's stock was trading at $98.89 at the beginning of the year. Since then, DASH stock has increased by 15.1% and is now trading at $113.81.
View the best growth stocks for 2024 here
.

When is DoorDash's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 7th 2024.
View our DASH earnings forecast
.

How were DoorDash's earnings last quarter?

DoorDash, Inc. (NASDAQ:DASH) issued its quarterly earnings data on Wednesday, May, 1st. The company reported ($0.06) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.07) by $0.01. The business earned $2.51 billion during the quarter, compared to analysts' expectations of $2.45 billion. DoorDash had a negative net margin of 4.61% and a negative trailing twelve-month return on equity of 6.28%. DoorDash's quarterly revenue was up 23.5% compared to the same quarter last year. During the same quarter last year, the business earned ($0.41) EPS.

When did DoorDash IPO?

DoorDash (DASH) raised $2.6 billion in an IPO 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.

Who are DoorDash's major shareholders?

DoorDash's stock is owned by a variety of retail and institutional investors. Top institutional investors include Baillie Gifford & Co. (3.07%), WELLCOME TRUST LTD THE as trustee of the WELLCOME TRUST (0.74%), Bank of New York Mellon Corp (0.30%), Los Angeles Capital Management LLC (0.24%), Sumitomo Mitsui Trust Holdings Inc. (0.17%) and Vaughan Nelson Investment Management L.P. (0.17%). 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:DASH) was last updated on 5/4/2024 by MarketBeat.com Staff

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