Doordash

DASH-N

NYSE:DASH

128.45
6.77 (5.01%)
DoorDash Inc. is an American food delivery service. It launched in Palo Alto, California in 2012. As of January 2020, it had the largest food delivery market share in the United States. Doordash held its initial public offering on December 9, 2020.
More at Wikipedia

Analysis and Opinions about DASH-N

Signal
Opinion
Expert
Chart
DON'T BUY
DON'T BUY
April 14, 2021
He misjudged the initial appetite for this stock. It's plunged since then. Now, it's a lockdown stock with too many competitors.
Show full opinionHide full opinion
Doordash (DASH-N)
April 14, 2021
He misjudged the initial appetite for this stock. It's plunged since then. Now, it's a lockdown stock with too many competitors.
Jim Cramer - Mad Money
Price
$143.650
Owned
Unknown
DON'T BUY
DON'T BUY
December 18, 2020

The $53 billion valuation may be too high. Maybe after we all get vaccinations, people may return to restaurants and use DD less, or we could get used to DD food delivery. Even if they everything goes right for them, it isn't worth this valuation. Also, its competitors like GrubHub are smart.

Show full opinionHide full opinion
Doordash (DASH-N)
December 18, 2020

The $53 billion valuation may be too high. Maybe after we all get vaccinations, people may return to restaurants and use DD less, or we could get used to DD food delivery. Even if they everything goes right for them, it isn't worth this valuation. Also, its competitors like GrubHub are smart.

Jim Cramer - Mad Money
Price
$166.350
Owned
Unknown
BUY
BUY
December 7, 2020

They IPO Wednesday and will be the biggest debut this year after Snowflake. They have 390,000 merchants and 18 million customers. They've processed 900 million orders. Food delivery become essential during Covid. Meanwhile, Doordash has bought competitors and the space has actively consolidated. Covid has accelerated it development because of the lockdowns. DD is the biggest player in food delivery, taking 50% market share. There's a lot of room to grow. They are expanding into groceries and flowers. DD is unprofitable given huge marketing costs, but these costs are worth attracting more customers. Revenues grew 204% YOY, total orders by 217% and gross order volume 186%. It's far from profitable, but margins are widening. DASH will be priced at $90-95 at IPO, less than 7x 2021 sales estimates, but he thinks $100 is reasonable, but no more--business will slow a lot next year when society reopens. He predicts a pullback in 2021.

Show full opinionHide full opinion
Doordash (DASH-N)
December 7, 2020

They IPO Wednesday and will be the biggest debut this year after Snowflake. They have 390,000 merchants and 18 million customers. They've processed 900 million orders. Food delivery become essential during Covid. Meanwhile, Doordash has bought competitors and the space has actively consolidated. Covid has accelerated it development because of the lockdowns. DD is the biggest player in food delivery, taking 50% market share. There's a lot of room to grow. They are expanding into groceries and flowers. DD is unprofitable given huge marketing costs, but these costs are worth attracting more customers. Revenues grew 204% YOY, total orders by 217% and gross order volume 186%. It's far from profitable, but margins are widening. DASH will be priced at $90-95 at IPO, less than 7x 2021 sales estimates, but he thinks $100 is reasonable, but no more--business will slow a lot next year when society reopens. He predicts a pullback in 2021.

Showing 1 to 3 of 3 entries
  • «
  • 1
  • »

Doordash(DASH-N) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 1

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 2

Total Signals / Votes : 3

Stockchase rating for Doordash is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Doordash(DASH-N) Frequently Asked Questions

What is Doordash stock symbol?

Doordash is a American stock, trading under the symbol DASH-N on the New York Stock Exchange (DASH). It is usually referred to as NYSE:DASH or DASH-N

Is Doordash a buy or a sell?

In the last year, 3 stock analysts published opinions about DASH-N. 1 analyst recommended to BUY the stock. 2 analysts recommended to SELL the stock. The latest stock analyst recommendation is DON'T BUY. Read the latest stock experts' ratings for Doordash.

Is Doordash a good investment or a top pick?

Doordash was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Doordash.

Why is Doordash stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Doordash worth watching?

3 stock analysts on Stockchase covered Doordash In the last year. It is a trending stock that is worth watching.

What is Doordash stock price?

On 2021-05-05, Doordash (DASH-N) stock closed at a price of $128.45.