DoorDash, Inc. (DASH)
Waymo dips its wheels back into delivery, this time with DoorDash
The sprawling metropolis of Phoenix continues to be a testbed for Waymo, and not just on the technical front. The Alphabet-owned company has used its first testing and commercial market to experiment with its business model, too, including delivery.
Wall Street Analysts Just Upgraded These Five Stocks: DASH, AMD, WMG, META, PANW
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Unlocking Potential: The Investment Thesis Behind DoorDash's Success
DoorDash has surged 95% in the past year, driven by its shift to profitability and improved operational efficiency. The company reported its first full year of GAAP net income, and maintains strong demand, with ROIC rising to 8.57%. Valuation appears stretched, with a TTM P/S ratio of 10.11 and a reverse DCF implying the need for a 34.8% FCF CAGR for a decade.
Serve Robotics stock surges on DoorDash deal, analysts boost target price
Serve Robotics Inc (NASDAQ: SERV) shares powered 26% higher to $17.27 in midday trading on Thursday after the autonomous sidewalk delivery company announced a new multi-year strategic partnership with DoorDash to roll out autonomous robot deliveries across the US. The agreement will see Serve's autonomous sidewalk robots begin delivering orders placed via the DoorDash app in Los Angeles first before expanding nationwide over time.
DoorDash to use Serve Robotics' sidewalk robots for deliveries in Los Angeles
DoorDash customers in Los Angeles might soon have their food brought to them by one of Serve Robotics' sidewalk delivery bots. The two companies on Thursday announced a multi-year partnership that would see them using autonomous robots to make deliveries across the U.S.
Must-Watch Stocks to Capitalize on the Gig Economy Boom
Gig economy presents multiple benefits, and for those looking to capitalize on this growing trend, keeping an eye on stocks such as LYFT, DASH and UBER could be prudent.
Here's Why DoorDash, Inc. (DASH) is a Strong Momentum Stock
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DoorDash finalizes its $3.9 billion acquisition of UK's Deliveroo
DoorDash has finalized its acquisition of the U.K. food delivery company Deliveroo, saying Thursday that the boards of both companies approved the nearly $4 billion deal announced earlier this year.
DoorDash's expansion into restaurant reservations and robots offers new benefits, but risks ‘commoditization'
As DoorDash moves into new lines of business, delivery services from apps are starting to overlap — but one analyst notes “good companies run these kinds of experiments.”
DoorDash Extends Kroger Partnership to 2,700 New Stores
DoorDash is expanding its partnership with grocery chain Kroger to 2,700 new stores. The updated collaboration kicks off Oct. 1 and will cover deliveries of fresh foods, essential items and Kroger's private label “Our Brands” products to millions of customers, DoorDash announced Monday (Sept.
DoorDash Buys Deliveroo: A Game Changer?
Over the past several years, consumer discretionary stock DoorDash NASDAQ: DASH has undoubtedly been one of the most impressive stories in the market. As of the Sept.
DoorDash: Compelling Acceleration That Defies Macro Malaise (Upgrade)
DoorDash has defied weak restaurant trends, with takeout demand and convenience habits driving strong order growth despite macro headwinds. Orders grew 23% y/y in Q2, accelerating 3 points versus 20% in Q1, despite many major restaurant chains reporting decelerating comp sales growth. Guidance calls for continued acceleration in Q3. DoorDash continues to outperform competitors like Uber Eats and is showing significant profitability improvements, with adjusted EBITDA growing over 50% year-over-year.
