DoorDash stock climbs as user growth and grocery …

1 day ago · DoorDash's strong market position and growth potential, as highlighted by Citi's analysis, are further supported by recent financial data and insights from InvestingPro. The …

CouponFollow Extension

$177
OFF

DoorDash Positioned As Clear Market Share Gainer With …

1 day from now

Sep 25, 2024 · DoorDash, Inc (NASDAQ:DASH) stock surged Wednesday after KeyBanc analyst Justin Patterson upgraded the stock from Sector Weight to Overweight with a $177 price …

yahoo.com

24%
OFF

Why DoorDash Stock Surged Today - The Motley Fool

1 day from now

Nov 2, 2023 · DoorDash isn't slowing down. Total orders jumped 24% to 543 million, while Marketplace gross order value was also up 24% to $16.8 billion. That translated into revenue …

fool.com

24%
OFF

DoorDash Shares Rally After Earnings Beat, Helped By …

1 day from now

Nov 2, 2023 · Analysts polled by FactSet expected DoorDash to lose 40 cents a share, on revenue of $2.09 billion. Total orders climbed 24% to 543 million, as the company tries to meet …

morningstar.com

20%
OFF

DoorDash Stock Gain As 'Convenience Economy' Proves …

1 day from now

Sep 5, 2024 · Shares of the app-based food and grocery delivery company have surged 20% since DoorDash reported better-than-expected sales and adjusted earnings for its June-ended …

investors.com

74%
OFF

DoorDash Surges 74% Year To Date: Should Investors Buy …

1 day from now

6 days ago · However, DoorDash’s strong portfolio and expanding partner base are contributing to its growth prospects continuously, driving top-line growth. DASH stock currently carries a …

nasdaq.com

106%
OFF

DASH Stock: DoorDash Rises After Winning New Bull On …

1 day from now

Jan 8, 2024 · DoorDash stock bounced back from a down year in 2022 to gain 106% in 2023. ... The food and grocery delivery company has tallied $6.3 billion in sales through the first nine …

investors.com

21%
OFF

Why This DoorDash Analyst Is Turning Bullish, Upgrading …

1 day from now

Sep 18, 2023 · The DoorDash Thesis: The guidance reflects 21% GOV growth at the midpoint, which appears conservative given the company’s “continued market share gains across all its …

businessinsider.com

FAQs about DoorDash stock climbs as user growth and grocery … Coupon?

Should you buy DoorDash (dash) stock?

DoorDash, Inc (NASDAQ: DASH) stock surged Wednesday after KeyBanc analyst Justin Patterson upgraded the stock from Sector Weight to Overweight with a $177 price target. Patterson noted DoorDash as a clear share gainer in a secular growth category with emerging revenue streams from advertising and new verticals like grocery. ...

Is DoorDash (dash) stock overweight?

KeyBanc analyst upgrades DoorDash, Inc (DASH) stock to Overweight with $177 price target, citing strong growth potential in food delivery and new verticals. ...

Why did DoorDash (dash) rise on a strong earnings report?

Shares of the delivery marketplace rose on a strong earnings report. Shares of DoorDash ( DASH 17.30%) were climbing the charts today after the delivery marketplace posted better-than-expected results in its third-quarter earnings on strong revenue growth and improving unit economics. Image source: Getty Images. ...

Is DoorDash gaining ground?

After reviewing Patterson’s third-quarter Mobility and Delivery Survey and model assumptions, he became more confident that DoorDash is gaining ground in its core and emerging verticals. This should sustain over 15% GOV growth and drive EBITDA of $3.5 billion by 2026E (~6% above consensus). ...

Is DoorDash gaining momentum in new verticals?

DoorDash’s strength in total orders and Marketplace GOV is expected to benefit its top-line growth. It is also gaining momentum in new verticals, particularly in the grocery segment, further strengthening its growth potential. ...

Does DoorDash have a market share?

The 10-year-old online platform has nearly doubled its market share over the past five years to build a commanding position in US restaurant delivery, according to researcher YipitData. DoorDash now accounts for 59 per cent of the market — nearly double the share of Uber, its nearest rival. ...