At the time of writing, DoorDash Inc [DASH] stock is trading at $195.84, down -1.39%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The DASH shares have lost -3.17% over the last week, with a monthly amount glided 6.15%, 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.
For the past year, the stock price of DoorDash Inc fluctuated between $99.32 and $215.24. Currently, Wall Street analysts expect the stock to reach $181.58 within the next 12 months. DoorDash Inc [NASDAQ: DASH] shares were valued at $195.84 at the most recent close of the market. An investor can expect a potential drop of -7.28% based on the average DASH price forecast.
Analyzing the DASH fundamentals
According to DoorDash Inc [NASDAQ:DASH], the company’s sales were 10.72B for trailing twelve months, which represents an 24.75% jump. Gross Profit Margin for this corporation currently stands at 0.47% with Operating Profit Margin at -0.0%, Pretax Profit Margin comes in at 0.01%, and Net Profit Margin reading is 0.01%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.02 and Total Capital is -0.0. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.07.
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 192.91 points at the first support level, and at 189.97 for the second support level. However, for the 1st resistance point, the stock is sitting at 200.91, and for the 2nd resistance point, it is at 205.97.
Ratios To Look Out For
It is important to note that DoorDash Inc [NASDAQ:DASH] has a current ratio of 1.65. As well, the Quick Ratio is 1.65, while the Cash Ratio is 0.91. Considering the valuation of this stock, the price to sales ratio is 7.67, the price to book ratio is 10.53 and price to earnings (TTM) ratio is 739.02.
Transactions by insiders
Recent insider trading involved Sherringham Tia, GENERAL COUNSEL AND SECRETARY, that happened on Feb 25 ’25 when 11946.0 shares were sold. PRESIDENT AND COO, Adarkar Prabir completed a deal on Feb 26 ’25 to sell 50000.0 shares. Meanwhile, PRESIDENT AND COO Adarkar Prabir sold 37713.0 shares on Feb 25 ’25.
