NASDAQ:DASH

DoorDash (DASH) Stock Price, News & Analysis

$114.31
-13.15 (-10.32%)
(As of 05/2/2024 ET)
Today's Range
$109.06
$117.78
50-Day Range
$119.89
$140.95
52-Week Range
$60.36
$143.34
Volume
22.13 million shs
Average Volume
3.88 million shs
Market Capitalization
$46.18 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$129.40

DoorDash MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.63 Rating Score
Upside/​Downside
13.2% Upside
$129.40 Price Target
Short Interest
Healthy
3.96% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.23mentions of DoorDash in the last 14 days
Based on 63 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.

3.36 out of 5 stars

Computer And Technology Sector

252nd out of 596 stocks

Business Services, Not Elsewhere Classified Industry

46th 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

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
Dems have chosen Biden replacement?
On November 16, 2023… Joe Biden accidentally revealed the name of the candidate… Who will replace him in the 2024 presidential election.
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?
Dems have chosen Biden replacement?
On November 16, 2023… Joe Biden accidentally revealed the name of the candidate… Who will replace him in the 2024 presidential election.
DoorDash (NASDAQ:DASH) Shares Gap Down on Insider Selling
DoorDash stock falls on weak Q2 guidance
See More Headlines
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Company Calendar

Last Earnings
5/01/2024
Today
5/02/2024
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
$129.40
High Stock Price Target
$170.00
Low Stock Price Target
$72.00
Potential Upside/Downside
+14.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.63
Research Coverage
24 Analysts

Profitability

Net Income
$-558,000,000.00
Pretax Margin
-6.18%

Debt

Sales & Book Value

Annual Sales
$8.64 billion
Book Value
$16.88 per share

Miscellaneous

Free Float
365,260,000
Market Cap
$46.18 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?

24 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for DoorDash in the last twelve months. There are currently 9 hold ratings and 15 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?

24 brokerages have issued 12 month target prices for DoorDash's stock. Their DASH share price targets range from $72.00 to $170.00. On average, they predict the company's share price to reach $129.40 in the next twelve months. This suggests a possible upside of 13.2% 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 15.6% and is now trading at $114.31.
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 earnings results 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 company had revenue of $2.51 billion for the quarter, compared to the consensus estimate of $2.45 billion. DoorDash had a negative net margin of 6.46% and a negative trailing twelve-month return on equity of 8.49%. The firm's quarterly revenue was up 23.5% on a year-over-year basis. During the same quarter in the previous year, the company posted ($0.41) earnings per share.

When did DoorDash IPO?

DoorDash (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.

Who are DoorDash's major shareholders?

DoorDash's stock is owned by many different 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 5/3/2024 by MarketBeat.com Staff

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