Long-Time Horizon Analysis of DoorDash Inc (DASH) Stock

A share price of DoorDash Inc [DASH] is currently trading at $176.02, down -0.22%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The DASH shares have gain 0.07% over the last week, with a monthly amount drifted -0.27%, and not seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

DoorDash Inc [NASDAQ: DASH] stock has seen the most recent analyst activity on September 25, 2024, when Keefe Bruyette upgraded its rating to a Outperform but kept the price target unchanged to $177 for it. On September 19, 2024, upgrade upgraded it’s rating to Buy but maintained its price target of $155 on the stock. Cantor Fitzgerald started tracking the stock assigning a Overweight rating and suggested a price target of $160 on September 05, 2024. Redburn Atlantic initiated its recommendation with a Buy and recommended $170 as its price target on July 26, 2024. In a note dated July 16, 2024, Wolfe Research initiated an Outperform rating and provided a target price of $130 on this stock.

DoorDash Inc experienced fluctuations in its stock price throughout the past year between $93.33 and $181.30. Currently, Wall Street analysts expect the stock to reach $163.31 within the next 12 months. DoorDash Inc [NASDAQ: DASH] shares were valued at $176.02 at the most recent close of the market. An investor can expect a potential drop of -7.22% based on the average DASH price forecast.

Analyzing the DASH fundamentals

Trailing Twelve Months sales for DoorDash Inc [NASDAQ:DASH] were 10.15B which represents 25.05% growth. Gross Profit Margin for this corporation currently stands at 0.46% with Operating Profit Margin at -0.02%, Pretax Profit Margin comes in at -0.02%, and Net Profit Margin reading is -0.02%. To continue investigating profitability, this company’s Return on Assets is posted at -0.01, Equity is -0.02 and Total Capital is -0.03. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.01.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 174.85 points at the first support level, and at 173.67 for the second support level. However, for the 1st resistance point, the stock is sitting at 177.85, and for the 2nd resistance point, it is at 179.67.

Ratios To Look Out For

To put it in perspective, the Current Ratio for DoorDash Inc [NASDAQ:DASH] is 1.64. Further, the Quick Ratio stands at 1.64, while the Cash Ratio is 0.89. Considering the valuation of this stock, the price to sales ratio is 7.20, the price to book ratio is 9.65.

Transactions by insiders

Recent insider trading involved Yandell Keith, CHIEF BUSINESS OFFICER, that happened on Dec 06 ’24 when 4474.0 shares were sold. Officer, KEITH YANDELL completed a deal on Dec 06 ’24 to buy 4474.0 shares. Meanwhile, GENERAL COUNSEL AND SECRETARY Sherringham Tia sold 11694.0 shares on Dec 02 ’24.

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