Buy DoorDash: S&P 500 Inclusion And Strong FCF Outlook
DoorDash holds a 67% U.S. food delivery share, up from 18% in 2018. DoorDash is set to lead the food delivery market with scale and network effects tilting toward winner-takes-all. Financial is firing on all cylinders: Revenue jumped 22% YoY to $10.7 billion, net income hit $123 million (vs. a $558 million loss), and free cash flow reached $1.45 billion. According to consensus estimates, DoorDash's free cash flow could triple to $4 billion by 2027, with a 15–20% revenue CAGR and 30%+ margins.
1 Super Stock Down 27% You'll Want to Buy on the Dip, According to Wall Street
DoorDash (DASH 3.30%) is the most popular food delivery platform in America, but it has also expanded into the grocery and retail categories over the last few years, which is really starting to pay off. The company is coming off a strong year in 2024, with a record number of users, record revenue, and record profits.
S&P 500 Reshuffle: DASH, TKO, EXPE, WSM to Join - Worth Buying?
The S&P 500 is getting a shake-up, and investors are taking notice. DoorDash DASH, Williams-Sonoma WSM, Expand Energy EXE and TKO Group TKO are set to join the prestigious index before trading begins on March 24.
DoorDash and Williams-Sonoma to join S&P 500; shares rally
Shares of DoorDash , Williams-Sonoma , Expand Energy and TKO Group rose in extended trade on Friday after an announcement they would join the S&P 500.
DoorDash, TKO Group, Williams-Sonoma and Expand Energy joining the S&P 500 on March 24
CNBC's Kate Rooney joins 'Fast Money' to talk changes to the S&P 500 and S&P 100 lineup.
DoorDash, TKO, Williams-Sonoma To Join S&P 500. AppLovin Snubbed Again.
DoorDash, Williams-Sonoma, TKO and Expand Energy will join the S&P 500 index, while AppLovin was snubbed again. The post DoorDash, TKO, Williams-Sonoma To Join S&P 500.
DoorDash to pay delivery workers nearly $17M for using tips to cover wages
DoorDash has agreed to pay $16.75 million to settle a lawsuit by New York's attorney general that accused the delivery platform of pocketing workers' tips to cover wages.
February's Top 3 Stock Upgrades: What Investors Need to Know
At the end of February, Lululemon NASDAQ: LULU, DoorDash NASDAQ: DASH, and Ulta Beauty NASDAQ: ULTA were among the Most Upgraded Stocks tracked by MarketBeat. Investors should pay attention to this because the sentiment trends drive these markets and lead them to fresh highs likely set early this year.
DoorDash Pays ‘Dashers' $16.7 Million Following NY Tip Investigation
DoorDash will pay a $16.7 million settlement following an investigation into its tipping practices. New York Attorney General Letitia James announced the settlement Monday (Feb.
DoorDash to pay New York delivery workers nearly $17M for using tips to subsidize wages
DoorDash will pay nearly $17 million in a settlement after the food delivery platform used customer tips to subsidize the wages of New York delivery workers.
More than 60,000 DoorDash delivery workers will share the company's $16.75 million settlement, New York AG says
Some 60,000 DoorDash delivery workers will split a $16.75M settlement, NY officials said Monday. The settlement ends a probe into deceptive tipping practices and works out to $10K-$14K per driver.
Is DoorDash (DASH) Outperforming Other Computer and Technology Stocks This Year?
Here is how DoorDash, Inc. (DASH) and Appian (APPN) have performed compared to their sector so far this year.
