In the latest trading session,, 0.6 million DoorDash Inc (NASDAQ:DASH) shares changed hands as the company’s beta touched 1.68. With the company’s most recent per share price at $190.13 changing hands around $2.37 or 1.26% at last look, the market valuation stands at $80.57B. DASH’s current price is a discount, trading about -13.21% off its 52-week high of $215.24. The share price had its 52-week low at $99.32, which suggests the last value was 47.76% up since then. When we look at DoorDash Inc’s average trading volume, we note the 10-day average is 3.31 million shares, with the 3-month average coming to 6.12 million.
Analysts gave the DoorDash Inc (DASH) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.67. If we narrow down to specifics, the data shows that 0 out of 20 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 3 recommended DASH as a Hold, 17 felt it is a Buy and 0 rated the stock as Underweight. DoorDash Inc’s EPS for the current quarter is expected to be 0.39.
DoorDash Inc (NASDAQ:DASH) trade information
Instantly DASH is in green as seen in intraday trades today. With action 10.65%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 13.34%, with the 5-day performance at 10.65% in the green. However, in the 30-day time frame, DoorDash Inc (NASDAQ:DASH) is -2.01% down. Looking at the short shares, we see there were 18.74 million shares sold at short interest cover period of 2.21 days.
The consensus price target for the stock as assigned by Wall Street analysts is 185, meaning bulls need a downside of -2.77% from its recent market value. According to analyst projections, DASH’s forecast low is 160 with 220 as the target high. To hit the forecast high, the stock’s price needs a -15.71% plunge from its current level, while the stock would need to tank 15.85% for it to hit the projected low.
DoorDash Inc (DASH) estimates and forecasts
Year-over-year growth is forecast to reach 20.40% up from the last financial year.
Consensus estimates given by 31 financial analysts project the company’s revenue in the current quarter to hit an average of 3.09B. 31 analysts are of the opinion that DoorDash Inc’s revenue for the current quarter will be 3.17B. The company’s revenue for the corresponding quarters a year ago was 2.51B and 2.63B respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 23.14%. The estimates for the next quarter sales put growth at 20.71%.
The 2025 estimates are for DoorDash Inc earnings to increase by 643.84%, but the outlook for the next 5-year period is at 165.32% per year.
DASH Dividends
DoorDash Inc is expected to release its next quarterly earnings report on 2025-Feb-10.
DoorDash Inc (NASDAQ:DASH)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 0.58% of DoorDash Inc shares while 92.92% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 93.46%. There are 92.92% institutions holding the DoorDash Inc stock share, with SC US (TTGP), LTD. the top institutional holder. As of 2024-06-30, the company held 7.6995% of the shares, roughly 31.61 million DASH shares worth $3.44 billion.
VANGUARD GROUP INC holds the second largest percentage of outstanding shares, with 7.4915% or 30.75 million shares worth $3.35 billion as of 2024-06-30.
Among Mutual Funds, the top two as of Dec 31, 2024 were VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and GROWTH FUND OF AMERICA . With 10.25 shares estimated at $1.95 billion under it, the former controlled 2.80% of total outstanding shares. On the other hand, GROWTH FUND OF AMERICA held about 2.66% of the shares, roughly 9.73 shares worth around $1.85 billion.
