Professional
Added to YB: 2024-02-21
Pitch date: 2024-02-16
DASH [bullish]
DoorDash, Inc.
+97.8%
current return
Author Info
No bio for this author
Company Info
DoorDash, Inc., together with its subsidiaries, operates a commerce platform that connects merchants, consumers, and independent contractors in the United States and internationally.
Market Cap
$81.1B
Pitch Price
$115.01
Price Target
155.00 (-32%)
Dividend
N/A
EV/EBITDA
69.63
P/E
98.49
EV/Sales
6.27
Sector
Hotels, Restaurants and Leisure
Category
growth
DoorDash, Inc.: Demand Keeps Increasing as Profitability Approaches
$DASH Q4: GOV +22% to $17.6B, revenue +27% to $2.3B on higher take rate & order growth. Adj EBITDA $363M vs $117M YoY, FCF $398M vs -$73M on lower CAC & cost control. Still 20% below $155 FVE despite stock doubling. Sees leadership in growing $B+ US food delivery mkt.
Read full article (11 min)