DoorDash (DASH) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $173.73 to $176.13
• 50-Day Range: $123.56 to $176.49
• 52-Week Range: $92.56 to $178.16
• Volume: 287,745 shs
• Average Volume: 3.81 million shs
• Market Capitalization: $72.85 billion
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $164.03
• Consensus Rating: Moderate Buy

DoorDash Stock Analysis - MarketRank™

DoorDash scored higher than 74% of companies evaluated by MarketBeat, and ranked 256th out of 658 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

DoorDash has received a consensus rating of Moderate Buy. The company's average rating score is 2.71, and is based on 24 buy ratings, 10 hold ratings, and no sell ratings.

Amount of Analyst Coverage

DoorDash has been the subject of 25 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 691.67%

Earnings Growth

Earnings for DoorDash are expected to grow by 691.67% in the coming year, from $0.24 to $1.90 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of DoorDash is -390.58, 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 -390.58, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Growth Ratio

DoorDash has a PEG Ratio of 14.85. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

DoorDash has a P/B Ratio of 9.65. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.69% of the outstanding shares of DoorDash have been sold short.

Short Interest Ratio / Days to Cover

DoorDash has a short interest ratio ("days to cover") of 3.6, 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 9.32%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

DoorDash does not currently pay a dividend.

Dividend Growth

DoorDash does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

2.69% of the outstanding shares of DoorDash have been sold short.

Short Interest Ratio / Days to Cover

DoorDash has a short interest ratio ("days to cover") of 3.6, 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 9.32%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 3.8 / 5
• News Sentiment: 0.79

News Sentiment

DoorDash has a news sentiment score of 0.79. 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 higher news sentiment than the 0.55 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 28 news articles for DoorDash this week, compared to 24 articles on an average week.

Search Interest

30 people have searched for DASH on MarketBeat in the last 30 days. This is an increase of 114% compared to the previous 30 days.

MarketBeat Follows

33 people have added DoorDash to their MarketBeat watchlist in the last 30 days. This is an increase of 50% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

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 $46,439,330.00 in company stock.

Percentage Held by Insiders

Only 7.92% of the stock of DoorDash is held by insiders.

Percentage Held by Institutions

90.64% of the stock of DoorDash is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

DASH Stock Analysis - Frequently Asked Questions

How have DASH shares performed this year?

DoorDash's stock was trading at $98.89 at the beginning of 2024. Since then, DASH shares have increased by 77.7% and is now trading at $175.76.
View the best growth stocks for 2024 here.

How were DoorDash's earnings last quarter?

DoorDash, Inc. (NASDAQ:DASH) released its quarterly earnings results on Wednesday, October, 30th. The company reported $0.38 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.21 by $0.17. DoorDash's quarterly revenue was up 25.0% compared to the same quarter last year.

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 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?

Top institutional shareholders of DoorDash include Baillie Gifford & Co. (3.44%), Charles Schwab Investment Management Inc. (0.32%), Vaughan Nelson Investment Management L.P. (0.29%) and FMR LLC (0.28%). Insiders that own company stock include Prabir Adarkar, Ravi Inukonda, Tia Sherringham, Keith Yandell, Gordon S Lee, Shona L Brown, Stanley Tang, Andy Fang, Us (Ttgp) Ltd Sc, Alfred Lin and Tony Xu.
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.

What other stocks do shareholders of DoorDash own?

Based on aggregate information from My MarketBeat watchlists, some other companies that DoorDash investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Invesco QQQ (QQQ), CrowdStrike (CRWD), Broadcom (AVGO) and Arista Networks (ANET).

Company Calendar

• Last Earnings: 10/30/2024
• Today: 11/14/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/20/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Computer and Technology
• Industry: Business services, not elsewhere classified
• Sub-Industry: N/A
• Current Symbol: NASDAQ:DASH
• Previous Symbol: NYSE:DASH
• CUSIP: N/A
• CIK: 1792789
• Web: www.doordash.com
• Phone: 650-487-3970
• Fax: N/A
• Employees: 19,300
• Year Founded: 2013

Price Target and Rating

• Average Stock Price Target: $164.03
• High Stock Price Target: $200.00
• Low Stock Price Target: $115.00
• Potential Upside/Downside: -6.7%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.71
• Research Coverage: 34 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($0.45)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 732.33
• P/E Growth: 14.85
• Net Income: $-558,000,000.00
• Net Margins: -1.69%
• Pretax Margin: -1.57%
• Return on Equity: -2.41%
• Return on Assets: -1.48%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 1.65
• Quick Ratio: 1.65

Sales & Book Value

• Annual Sales: $8.64 billion
• Price / Sales: 8.46
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $18.22 per share
• Price / Book: 9.65

Miscellaneous

• Outstanding Shares: 415,400,000
• Free Float: 382,497,000
• Market Cap: $73.01 billion
• Optionable: Optionable
• Beta: 1.67