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 2 sell ratings, 9 hold ratings and 9 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.
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20 brokers have issued 1 year price objectives for DoorDash's stock. Their DASH share price forecasts range from $37.00 to $122.00. On average, they anticipate the company's share price to reach $76.74 in the next twelve months. This suggests a possible upside of 13.0% from the stock's current price.
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DoorDash's stock was trading at $48.82 at the start of the year. Since then, DASH shares have increased by 39.0% and is now trading at $67.88.
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DoorDash saw a decrease in short interest during the month of May. As of May 15th, there was short interest totaling 18,330,000 shares, a decrease of 5.3% from the April 30th total of 19,350,000 shares. Based on an average daily trading volume, of 3,870,000 shares, the short-interest ratio is currently 4.7 days. Approximately 7.5% 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, August 3rd 2023.
View our DASH earnings forecast.

DoorDash, Inc. (NYSE:DASH) issued its quarterly earnings results on Thursday, May, 4th. The company reported ($0.41) EPS for the quarter, beating the consensus estimate of ($0.56) by $0.15. The business had revenue of $2.04 billion for the quarter, compared to analysts' expectations of $1.92 billion. DoorDash had a negative net margin of 18.98% and a negative trailing twelve-month return on equity of 14.00%.

ETFs with the largest weight of DoorDash (NYSE:DASH) stock in their portfolio include ProShares On-Demand ETF (OND), ProShares Online Retail ETF (ONLN), ProShares Long Online/Short Stores ETF (CLIX), Renaissance IPO ETF (IPO), Franklin Disruptive Commerce ETF (BUYZ), Amplify Online Retail ETF (IBUY), iShares Virtual Work and Life Multisector ETF (IWFH) and First Trust Dow Jones Internet Index Fund (FDN).

(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.

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

DoorDash's stock is owned by many different institutional and retail investors. Top institutional shareholders include SB Investment Advisers UK Ltd. (3.72%), BlackRock Inc. (3.33%), Galileo PTC Ltd (2.94%), Baillie Gifford & Co. (2.48%), Sands Capital Management LLC (2.28%) and Aspex Management HK Ltd (2.16%). 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 $67.88.

DoorDash (NYSE:DASH) has a market capitalization of $26.38 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 ($3.55) 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.