DoorDash (DASH) Stock Price, News & Analysis

20 Wall Street analysts have issued "buy," "hold," and "sell" ratings for DoorDash in the last year. There are currently 1 sell rating, 11 hold ratings and 8 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.
View DASH analyst ratings or view top-rated stocks.

20 brokerages have issued 1 year target prices for DoorDash's stock. Their DASH share price targets range from $51.00 to $130.00. On average, they expect the company's stock price to reach $95.81 in the next year. This suggests that the stock has a possible downside of 3.1%.
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DoorDash's stock was trading at $48.82 at the beginning of the year. Since then, DASH shares have increased by 102.6% and is now trading at $98.89.
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DoorDash saw a drop in short interest in the month of November. As of November 15th, there was short interest totaling 16,090,000 shares, a drop of 11.5% from the October 31st total of 18,190,000 shares. Based on an average daily trading volume, of 3,670,000 shares, the days-to-cover ratio is currently 4.4 days. Currently, 6.0% of the company's stock are short sold.
View DoorDash's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 15th 2024.
View our DASH earnings forecast.

DoorDash, Inc. (NYSE:DASH) released its earnings results on Wednesday, November, 1st. The company reported ($0.19) EPS for the quarter, topping analysts' consensus estimates of ($0.45) by $0.26. The firm had revenue of $2.16 billion for the quarter, compared to the consensus estimate of $2.09 billion. DoorDash had a negative net margin of 12.81% and a negative trailing twelve-month return on equity of 9.88%. The firm's revenue for the quarter was up 27.2% compared to the same quarter last year. During the same period in the previous year, the business posted ($0.77) EPS.

ETFs with the largest weight of DoorDash (NYSE:DASH) stock in their portfolio include Renaissance IPO ETF (IPO), ProShares On-Demand ETF (OND), AI Powered Equity ETF (AIEQ), Northern Lights Fund Trust IV - Long Cramer Tracker ETF (LJIM), Franklin Disruptive Commerce ETF (BUYZ), Vesper U.S. Large Cap Short-Term Reversal Strategy ETF (UTRN), iShares Virtual Work and Life Multisector ETF (IWFH) and Amplify Online Retail ETF (IBUY).

(DASH) raised $2.6 billion in an 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.

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.
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