DoorDash, Inc. (DASH)
Summary
Philly Fed Hits 5-Year High
After yesterday's announcement that the U.S. Treasury was adding liquidity to the long-term (30 year) bond market, we saw an immediate bump to pre-market indexes as bond yield rates dropped. In one day, that seems to have turned around: the 30-year bond is now back up to +5.25%, the 10-year at +4.71% and the 2-year +4.19%.
Is DoorDash Stock an Undervalued Stock to Buy?
DoorDash (DASH +0.35%) is delivering meals, but can it deliver returns to investors?
DoorDash Is Expected To Deliver Shareholders Profits (Technical Analysis)
DoorDash (DASH) demonstrates robust revenue growth, with Q2 revenue up 36% YoY to $4.45B, exceeding expectations. DASH exhibits strong technical momentum: price action is bullish, trading above an upward-sloping 30-week EMA, and outperforming the S&P 500. Despite a D- valuation grade, DASH's growth and profitability grades are excellent, attracting institutional accumulation since June.
DoorDash, Inc. Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| KH Kevin Heal ARGUS INVESTORS' COUNSEL Inc. | 5,188 | $1.41M | $1.04M | -$369,748.54 | -26.2% |
| TJD Thomas John Drogan PR Inc.IPAL SECURITIES Inc. | 8,540 | $1.56M | $1.71M | $158,378.01 | 10.18% |
| DI David Izzi Brown, LISLE/CUMMINGS Inc. | 6 | $1,097 | $1,176.96 | $79.96 | 7.29% |
| LC Lisa Candera CIGNA INVESTMENTS Inc. /NEW | 3,585 | $308,969.04 | $703,233.6 | $394,264.56 | 127.61% |
 Curtis Ellergodt Rothschild Investment LLC | 289 | $76,617.65 | $59,901.03 | -$16,716.62 | -21.82% |
DoorDash, Inc. Analysts
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
 Bernie McTernan Needham | 16.05 | $3,421.87 | $3,469.69 | $47.82 | 1.4% |
DoorDash, Inc. (DASH) FAQ
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DoorDash, Inc. Profile
| IT Services Industry | Information Technology Sector | Tony Xu CEO | NASDAQ (NGS) Exchange | 25809K105 CUSIP |
| US Country | 31,400 Employees | - Last Dividend | - Last Split | - IPO Date |
Overview
DoorDash, Inc., a prominent commerce platform, engages in connecting merchants, consumers, and independent contractors both domestically within the United States and internationally. Formerly recognized as Palo Alto Delivery Inc., the company underwent a name change to DoorDash, Inc. in 2015. Established in 2013, and with its headquarters located in San Francisco, California, DoorDash has rapidly expanded its operations to offer a plethora of services aimed at facilitating on-demand access to goods and services for consumers while providing merchants with effective tools for customer acquisition, order fulfillment, and more.
Products and Services
- DoorDash Marketplace and Wolt Marketplace
These platforms supply a comprehensive suite of services including customer acquisition, demand generation, order fulfillment, merchandising, payment processing, and customer support to enhance the connectivity between merchants and consumers.
- DashPass and Wolt+
Membership products offering subscribers benefits such as reduced service fees and free deliveries on eligible orders, aimed at encouraging repeat business and enhancing customer loyalty.
- DoorDash Drive and Wolt Drive
White-label delivery fulfillment services designed for merchants who have cultivated consumer demand through their own channels, allowing them to fulfill orders using DoorDash's robust platform.
- DoorDash Storefront
A solution enabling merchants to provide consumers with on-demand access to e-commerce, thereby expanding their sales channels beyond traditional brick-and-mortar or online stores.
- Bbot
This service offers digital ordering and payment solutions that cater to both in-store and online purchasing, facilitating a smoother transition for merchants moving towards digital spaces or enhancing their existing online offerings.
- Advertising and Promotions on the Platform
Enables merchants to advertise and promote their services on DoorDash’s platform, thereby acquiring new consumers and increasing their visibility among the target audience.
