At the time of writing, DoorDash Inc [DASH] stock is trading at $170.57, down -0.72%. An important factor to consider is whether the stock is rising or falling in short-term value. The DASH shares have gain 3.13% over the last week, with a monthly amount drifted -4.76%, 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 December 20, 2024, when Argus upgraded its rating to a Buy. Previously, Keefe Bruyette upgraded its rating to Outperform on September 25, 2024, and kept the price target unchanged to $177. BTIG Research upgraded its rating to a Buy but stick to its price target of $155 on September 19, 2024. Cantor Fitzgerald initiated its recommendation with a Overweight and recommended $160 as its price target on September 05, 2024. Redburn Atlantic started tracking with a Buy rating for this stock on July 26, 2024, and assigned it a price target of $170. In a note dated July 23, 2024, Argus initiated an Hold rating.
For the past year, the stock price of DoorDash Inc fluctuated between $93.33 and $181.78. Currently, Wall Street analysts expect the stock to reach $163.31 within the next 12 months. DoorDash Inc [NASDAQ: DASH] shares were valued at $170.57 at the most recent close of the market. An investor can expect a potential drop of -4.26% based on the average DASH price forecast.
Analyzing the DASH fundamentals
According to DoorDash Inc [NASDAQ:DASH], the company’s sales were 10.15B for trailing twelve months, which represents an 25.05% jump. 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 169.85 points at the first support level, and at 169.13 for the second support level. However, for the 1st resistance point, the stock is sitting at 171.94, and for the 2nd resistance point, it is at 173.31.
Ratios To Look Out For
It is important to note that DoorDash Inc [NASDAQ:DASH] has a current ratio of 1.64. On the other hand, the Quick Ratio is 1.64, and the Cash Ratio is 0.89. Considering the valuation of this stock, the price to sales ratio is 6.98, the price to book ratio is 9.36.
Transactions by insiders
Recent insider trading involved Xu Tony, CHIEF EXECUTIVE OFFICER, that happened on Dec 16 ’24 when 0.11 million shares were sold. CHIEF EXECUTIVE OFFICER, Xu Tony completed a deal on Dec 17 ’24 to sell 0.1 million shares. Meanwhile, Director TONY XU bought 0.27 million shares on Dec 16 ’24.
