NYSE:DASH

DoorDash - DASH Stock Forecast, Price & News

$59.95

-0.36 (-0.60%)

(As of 03/24/2023 11:04 AM ET)

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Today's Range: $59.22
▼
$60.79
50-Day Range: $52.03
▼
$68.18
52-Week Range: $41.37
▼
$130.20

Volume: 701,714 shs
Average Volume: 5.05 million shs
Market Capitalization: $23.51 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $80.95

Institutional Ownership

DoorDash MarketRank™ Forecast

Analyst Rating: Hold
2.48 Rating Score
Upside/Downside: 34.2% Upside
$80.95 Price Target
Short Interest: Healthy
8.25% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.05
Based on 12 Articles This Week
Insider Trading: Selling Shares
$22.01 M Sold Last Quarter
Proj. Earnings Growth: Growing
From ($2.14) to ($1.37) Per Share

Overall MarketRank^™

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

2.44 out of 5 stars

Computer And Technology Sector

227th out of 604 stocks

Business Services, Not Elsewhere Classified Industry

37th out of 90 stocks

4.2

Analyst's Opinion

Consensus Rating
DoorDash has received a consensus rating of Hold. The company's average rating score is 2.48, and is based on 10 buy ratings, 8 hold ratings, and 2 sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $80.95, DoorDash has a forecasted upside of 34.2% from its current price of $60.31.
Amount of Analyst Coverage
DoorDash has been the subject of 12 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

3.0

Short Interest

Percentage of Shares Shorted
8.25% 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 3.9, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in DoorDash has recently decreased by 0.81%, indicating that investor sentiment is improving.

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 0.05. 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 0.36 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 12 news articles for DoorDash this week, compared to 11 articles on an average week.
Search Interest
Only 17 people have searched for DASH on MarketBeat in the last 30 days. This is a decrease of -79% compared to the previous 30 days.
MarketBeat Follows
Only 7 people have added DoorDash to their MarketBeat watchlist in the last 30 days. This is a decrease of -13% compared to the previous 30 days.

3.3

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 $22,009,671.00 in company stock.
Percentage Held by Insiders
15.54% of the stock of DoorDash is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
72.65% 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 ($2.14) to ($1.37) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of DoorDash is -16.66, 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 -16.66, 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 3.50. 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 marketplace, 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; and offers DoorDash Drive, a white-label logistics service; DoorDash Storefront that enables merchants to offer consumers on-demand access to e-commerce. 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.

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DASH Stock News Headlines

March 23, 2023 | finance.yahoo.com

Lingerie And Balloons On Demand? Doordash Is Expanding With 3 New Stores

March 19, 2023 | msn.com

DC restaurant owners shocked by DoorDash emails saying charges could rise significantly

March 24, 2023 | Oxford Club (Ad)

My No. 1 dividend stock for a LIFETIME of income.

Few people realize this… But dividends account for up to 90% of the stock market's returns over the past century! I think it's a crying shame folks don't know how powerful dividends are.

March 19, 2023 | nypost.com

FTX’s Margaritaville tab swells to $600K as it racked up a $400K DoorDash bill

March 19, 2023 | msn.com

'Starbucks actually forgot my food items & I've scammed DoorDash so much they wouldn't give me a refund.'

March 19, 2023 | americanbankingnews.com

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

March 18, 2023 | americanbankingnews.com

DoorDash, Inc. (NYSE:DASH) Receives $80.95 Average Price Target from Analysts

March 17, 2023 | finance.yahoo.com

What Uber, Lyft and DoorDash’s victory on gig-worker status looks like so far

March 24, 2023 | Weiss Ratings (Ad)

Fed's Shocking New Plan to Control Your Money

The Federal Reserve has a disturbing plan that is getting ready to roll out as soon as May. This is a lot more than printing trillions of dollars or manipulating interest rates. It's about every checking account, every purchase and every money transfer in America — including yours and mine. 

March 14, 2023 | finance.yahoo.com

Why DoorDash Is One of the Fastest Ways to Start a Side Hustle

March 13, 2023 | finance.yahoo.com

Uber, Lyft, DoorDash win as appeals court upholds California’s Prop. 22

March 12, 2023 | msn.com

DoorDash Rewards Mastercard review: Doesn’t quite deliver

March 12, 2023 | msn.com

Idaho murders: Kohberger court filings show where warrants were served, including Tinder, DoorDash, Reddit

March 12, 2023 | msn.com

‘You gotta treat like a real job’: DoorDash driver says he made $1,200 after working for 26 hours

March 10, 2023 | msn.com

Rolling Stone and DoorDash to Host “Tasting Notes” during This Year’s SXSW

March 10, 2023 | msn.com

Woman accused of ordering DoorDash on stolen aunt’s card posts $50k bond

March 6, 2023 | finance.yahoo.com

How DoorDash Uses Analytics and Forecasting Amid Economic Uncertainty

February 28, 2023 | finance.yahoo.com

DoorDash Survey Shows More than 60 Per Cent of Canadian Dashers Would Stop Dashing if Flexible Working Hours Were Taken Away

February 28, 2023 | finance.yahoo.com

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

February 27, 2023 | finance.yahoo.com

DoorDash Will Drop Off Your Packages to the Post Office and Other Carriers for $5 or Less

February 25, 2023 | msn.com

She Didn't Want to Navigate Through an Entire Hospital to Find the Customer's Room All for a $4 Order, Even Though She Is a DoorDash Driver

February 25, 2023 | msn.com

DoorDash, Aldi expand nationwide grocery delivery to over 2,100 locations: 'Highly requested'

February 23, 2023 | finance.yahoo.com

DoorDash Partners with ALDI To Expand On-Demand Grocery Delivery

February 21, 2023 | finance.yahoo.com

February 20, 2023 | finance.yahoo.com

Losses on the Bottom Line Surge at DoorDash

February 19, 2023 | finance.yahoo.com

I Had a Hard Week. Here's How DoorDash Made It Cheaper and Easier

February 18, 2023 | finance.yahoo.com

DoorDash Full Year 2022 Earnings: EPS Misses Expectations

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30 days | 90 days | 365 days | Advanced Chart

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DASH Company Calendar

Last Earnings: 2/16/2023
Today: 3/24/2023
Next Earnings (Estimated): 5/04/2023
Fiscal Year End: 12/31/2023

Get Stock Alerts

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: $80.95
High Stock Price Forecast: $150.00
Low Stock Price Forecast: $37.00
Forecasted Upside/Downside: +34.2%
Consensus Rating: Hold
Rating Score (0-4): 2.48
Research Coverage: 21 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($3.62)
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: -20.74%
Pretax Margin: -21.25%
Return on Equity: -15.12%
Return on Assets: -10.74%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 1.86
Quick Ratio: 1.86

Sales & Book Value

Annual Sales: $6.58 billion
Price / Sales: 3.59
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $17.25 per share
Price / Book: 3.50

Miscellaneous

Outstanding Shares: 392,080,000
Free Float: 344,635,000
Market Cap: $23.65 billion
Optionable: Optionable
Beta: 1.45

Social Links

Key Executives

Mr. Tony Xu (Age 38)
Co-Founder, CEO & Chair
Comp: $300.3k

Mr. Christopher D. Payne (Age 54)
Pres & COO
Comp: $350.93k

Mr. Prabir Adarkar (Age 46)
Chief Financial Officer
Comp: $350.39k

Mr. Keith Yandell (Age 43)
Chief Bus. Officer
Comp: $350.39k

Mr. Andy Fang (Age 30)
Head of Consumer Engineering & Director
Comp: $250.17k

Mr. Stanley Tang (Age 29)
Head of DoorDash Labs & Director
Comp: $250.15k

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

Ms. Tia Sherringham (Age 41)
Gen. Counsel & Sec.

Mr. Tom Pickett
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?: 21 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for DoorDash in the last twelve months. There are currently 2 sell ratings, 8 hold ratings, 10 buy ratings and 1 strong buy rating 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.
What is DoorDash's stock price forecast for 2023?: 21 brokers have issued 1-year target prices for DoorDash's stock. Their DASH share price forecasts range from $37.00 to $150.00. On average, they predict the company's stock price to reach $80.95 in the next year. This suggests a possible upside of 34.2% 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 2023?: DoorDash's stock was trading at $48.82 at the beginning of 2023. Since then, DASH shares have increased by 23.5% and is now trading at $60.31.
View the best growth stocks for 2023 here.
Are investors shorting DoorDash?: DoorDash saw a drop in short interest during the month of February. As of February 15th, there was short interest totaling 19,730,000 shares, a drop of 5.8% from the January 31st total of 20,940,000 shares. Based on an average daily volume of 4,940,000 shares, the short-interest ratio is presently 4.0 days. Approximately 8.3% of the company's stock are short sold.
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, May 4th 2023.
View our DASH earnings forecast.
How were DoorDash's earnings last quarter?: DoorDash, Inc. (NYSE:DASH) released its quarterly earnings results on Thursday, February, 16th. The company reported ($0.63) earnings per share for the quarter, topping analysts' consensus estimates of ($0.70) by $0.07. The company earned $1.82 billion during the quarter, compared to analysts' expectations of $1.77 billion. DoorDash had a negative net margin of 20.74% and a negative trailing twelve-month return on equity of 15.12%.
What ETFs hold DoorDash's stock?: ETFs with the largest weight of DoorDash (NYSE:DASH) stock in their portfolio include ProShares Online Retail ETF (ONLN), ProShares On-Demand ETF (OND), Roundhill MEME ETF (MEME), Renaissance IPO ETF (IPO), ProShares Long Online/Short Stores ETF (CLIX), Franklin Disruptive Commerce ETF (BUYZ), Amplify Online Retail ETF (IBUY) and iShares Virtual Work and Life Multisector ETF (IWFH).

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 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.
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 many different retail and institutional investors. Top institutional shareholders include Morgan Stanley (7.49%), Sands Capital Management LLC (2.45%), Baillie Gifford & Co. (2.23%), Price T Rowe Associates Inc. MD (2.07%), Susquehanna International Group LLP (0.00%) and Geode Capital Management LLC (0.86%). 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, 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 $60.31.
How much money does DoorDash make?: DoorDash (NYSE:DASH) has a market capitalization of $23.65 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 ($3.62) 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 3/24/2023 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 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^™