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 Q3 regulatory filings by fund managers ($100M+ AUM)
49% more repeat investments, than reductions
Existing positions increased: 302 | Existing positions reduced: 203
45% more call options, than puts
Call options by funds: $1.72B | Put options by funds: $1.19B
38% more first-time investments, than exits
New positions opened: 119 | Existing positions closed: 86
32% more funds holding in top 10
Funds holding in top 10: 28 [Q2] → 37 (+9) [Q3]
18% more capital invested
Capital invested by funds: $38.2B [Q2] → $45.2B (+$6.98B) [Q3]
5% more funds holding
Funds holding: 650 [Q2] → 683 (+33) [Q3]
9.46% less ownership
Funds ownership: 92.09% [Q2] → 82.63% (-9.46%) [Q3]
Research analyst outlook
24 Wall Street Analysts provided 1 year price targets over the past 3 months
24 analyst ratings
Truist Securities Youssef Squali 58% 1-year accuracy 46 / 80 met price target | 27%upside $217 | Buy Maintained | 17 Dec 2024 |
RBC Capital Brad Erickson 67% 1-year accuracy 42 / 63 met price target | 26%upside $215 | Outperform Maintained | 6 Dec 2024 |
Citigroup Ronald Josey 59% 1-year accuracy 29 / 49 met price target | 23%upside $211 | Buy Maintained | 27 Nov 2024 |
Loop Capital Rob Sanderson 75% 1-year accuracy 38 / 51 met price target | 17%upside $200 | Buy Maintained | 12 Nov 2024 |
Goldman Sachs Eric Sheridan 60% 1-year accuracy 37 / 62 met price target | 6%downside $161 | Neutral Maintained | 1 Nov 2024 |
Financial journalist opinion
Based on 14 articles about DASH published over the past 30 days