DoorDashDASH
About: Founded in 2013 and headquartered in San Francisco, DoorDash is an online food order demand aggregator. Consumers can use its app to order food on-demand for pickup or delivery from merchants mainly in the US. Through the acquisition of Wolt in 2022, the firm also provides this service in Europe. DoorDash provides a marketplace for the merchants to create a presence online, market their offerings, and meet demand by making the offerings available for pickup or delivery. The firm provides similar service to businesses in addition to restaurants, such as grocery, retail, pet supplies, and flowers.
Employees: 19,300
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
55% more repeat investments, than reductions
Existing positions increased: 303 | Existing positions reduced: 196
22% more call options, than puts
Call options by funds: $1.44B | Put options by funds: $1.18B
2% more first-time investments, than exits
New positions opened: 89 | Existing positions closed: 87
0% more funds holding
Funds holding: 647 [Q1] → 649 (+2) [Q2]
3.89% less ownership
Funds ownership: 89.38% [Q1] → 85.49% (-3.89%) [Q2]
23% less capital invested
Capital invested by funds: $46.3B [Q1] → $35.5B (-$10.8B) [Q2]
24% less funds holding in top 10
Funds holding in top 10: 37 [Q1] → 28 (-9) [Q2]
Research analyst outlook
31 Wall Street Analysts provided 1 year price targets over the past 3 months
31 analyst ratings
Benchmark Mark Zgutowicz 68% 1-year accuracy 36 / 53 met price target | 14%upside $173 | Buy Maintained | 17 Oct 2024 |
Cantor Fitzgerald Deepak Mathivanan 71% 1-year accuracy 27 / 38 met price target | 6%upside $160 | Overweight Reiterated | 7 Oct 2024 |
Wells Fargo Ken Gawrelski 69% 1-year accuracy 29 / 42 met price target | 6%downside $142 | Equal-Weight Maintained | 4 Oct 2024 |
Cantor Fitzgerald Deepak Mathivanan 71% 1-year accuracy 27 / 38 met price target | 6%upside $160 | Overweight Reiterated | 30 Sept 2024 |
JMP Securities Andrew Boone 65% 1-year accuracy 41 / 63 met price target | 6%upside $160 | Market Outperform Maintained | 30 Sept 2024 |
Financial journalist opinion
Based on 20 articles about DASH published over the past 30 days