A share price of DoorDash Inc [DASH] is currently trading at $183.13, up 3.07%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The DASH shares have gain 6.97% over the last week, with a monthly amount glided 9.23%, and seem to be holding up well over a long-time horizon.
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.
DoorDash Inc experienced fluctuations in its stock price throughout the past year between $99.32 and $181.78. Currently, Wall Street analysts expect the stock to reach $171.44 within the next 12 months. DoorDash Inc [NASDAQ: DASH] shares were valued at $183.13 at the most recent close of the market. An investor can expect a potential drop of -6.38% 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 of0.07.
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 177.96 points at the first support level, and at 172.79 for the second support level. However, for the 1st resistance point, the stock is sitting at 185.89, and for the 2nd resistance point, it is at 188.65.
Ratios To Look Out For
To put it in perspective, the Current Ratio for DoorDash Inc [NASDAQ:DASH] is 1.64. In addition, the Quick Ratio stands at 1.64 and the Cash Ratio stands at 0.89. Considering the valuation of this stock, the price to sales ratio is 7.49, the price to book ratio is 10.04.
Transactions by insiders
Recent insider trading involved Xu Tony, CHIEF EXECUTIVE OFFICER, that happened on Jan 15 ’25 when 12.0 shares were sold. Director, Fang Andy completed a deal on Jan 10 ’25 to sell 50000.0 shares. Meanwhile, Director Fang Andy sold 50000.0 shares on Jan 14 ’25.
