DASH launches new Commerce Platform and mobile app features, empowering merchants to manage and grow their businesses on their channels.
DoorDash, Inc DASH stock surged Wednesday after KeyBanc analyst Justin Patterson upgraded the stock from Sector Weight to Overweight with a $177 price target.
DoorDash is a more promising play on the gig economy than Uber, according to KeyBanc analyst Justin Patterson.
Landon Swan with @LikeFolio says Doordash (DASH) services, monthly active users and web visits are all up for the delivery company. Whether it beats or misses on its next earnings report, he says investors can take advantage of a win-win opportunity in the stock.
Shares of online delivery service DoorDash Inc (NYSE:DASH) are 4.4% higher before the bell, following a bull note from BTIG.
DoorDash's food delivery business suffered a slowdown after 2020, which was the peak of the pandemic. The company is expanding into new segments like retail to expand its addressable market.
I am maintaining my buy on DoorDash after management announced the new partnership with H Mart on Thursday. The news backs my belief that DoorDash's next leg of growth will come from its partnerships and expansion to international markets. In my opinion, this partnership in specific reflects Dash's efforts to seriously expand into the grocery business, but it doesn't come without competition from Uber and InstaCart.
DoorDash is trading near a buy point, one of five stocks for your watchlists with the market struggling.
DoorDash is trading near a buy point, one of five stocks for your watchlists with the market struggling.
DoorDash shares soar 26.4% year to date, fueled by robust total orders and strong Marketplace GOV growth.
DoorDash Inc. NASDAQ: DASH is the largest food delivery platform in the United States, with over 550,000 restaurants and grocery stores in its network. Like Uber Technologies Inc. NYSE: UBER, DoorDash plays the role of the middleman connecting local restaurants with customers and Dashers (delivery drivers) to deliver the food.
Tech stocks led the stock market lower Thursday, as Wall Street braced for Fed Chair Jerome Powell's speech on Friday morning.