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NASDAQ:DASH

DoorDash (DASH) Stock Price, News & Analysis

$110.11
-0.43 (-0.39%)
(As of 05/31/2024 ET)
Today's Range
$106.22
$111.35
50-Day Range
$110.11
$140.95
52-Week Range
$62.83
$143.34
Volume
6.38 million shs
Average Volume
3.96 million shs
Market Capitalization
$45.03 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$132.28

DoorDash MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.64 Rating Score
Upside/​Downside
20.1% Upside
$132.28 Price Target
Short Interest
Healthy
3.58% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.72mentions of DoorDash in the last 14 days
Based on 22 Articles This Week
Insider Trading
Selling Shares
$57.32 M Sold Last Quarter
Proj. Earnings Growth
990.91%
From $0.11 to $1.20 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.

3.01 out of 5 stars

Computer And Technology Sector

318th out of 602 stocks

Business Services, Not Elsewhere Classified Industry

53rd out of 92 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

Grab Holdings: It’s Time to Snatch Up Shares While They’re Cheap (DASH)
Grab Holdings is a penny stock, but its recent performance and guidance show investors that it may be too cheap to pass up
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
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 expands Ulta Beauty offering
See More Headlines
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Company Calendar

Last Earnings
5/01/2024
Today
5/31/2024
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
$132.28
High Stock Price Target
$170.00
Low Stock Price Target
$72.00
Potential Upside/Downside
+21.4%
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
$9.11 billion
Book Value
$17.12 per share

Miscellaneous

Free Float
376,528,000
Market Cap
$44.55 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 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 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 1-year target prices for DoorDash's shares. Their DASH share price targets range from $72.00 to $170.00. On average, they predict the company's share price to reach $132.28 in the next twelve months. This suggests a possible upside of 20.1% 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 shares have increased by 11.3% and is now trading at $110.11.
View the best growth stocks for 2024 here
.

Are investors shorting DoorDash?

DoorDash saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 14,620,000 shares, an increase of 18.1% from the April 30th total of 12,380,000 shares. Based on an average daily volume of 3,790,000 shares, the short-interest ratio is presently 3.9 days.
View DoorDash's Short Interest
.

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 earnings results on Wednesday, May, 1st. The company reported ($0.06) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.07) by $0.01. The firm had revenue of $2.51 billion for 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%. The company's quarterly revenue was up 23.5% compared to the same quarter last year. During the same quarter in the previous year, the business posted ($0.41) EPS.

When did DoorDash IPO?

DoorDash (DASH) raised $2.6 billion in an initial public offering (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 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.

Who are DoorDash's major shareholders?

DoorDash's stock is owned by many different institutional and retail investors. Top institutional investors include Vanguard Group Inc. (6.67%), Capital Research Global Investors (3.67%), Baillie Gifford & Co. (3.07%), Capital World Investors (2.32%), Price T Rowe Associates Inc. MD (1.34%) and Janus Henderson Group PLC (0.84%). 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 5/31/2024 by MarketBeat.com Staff

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