DoorDash (DASH)

• Market cap: $84B
• 1 day: -1.14%
• 5 days: -2.82%
• 1 month: 12.26%
• 3 months: 15.46%
• 6 months: 54.45%
• Year to date: 17.16%
• 1 year: 74.33%
• 5 years: 5.50%
• 10 years: 5.50%
• Sector: Industrials
• Industry: Business Services

About: Founded in 2013 and headquartered in San Francisco, DoorDash is an online delivery demand aggregator. Consumers can use its app to order food items on-demand for delivery or in-store from merchants. Through the acquisition of Wolt in 2022, the firm also provides this service in Europe and Asia. DoorDash creates a marketplace for merchants to establish a presence online, market their offerings, and meet demand through delivery. The firm provides similar service to nonrestaurant businesses, such as grocery, retail, and pet supplies. Dash is also rolling out nascent technology like drone delivery in an effort to continually innovate and provide the best possible service to supply-side and demand-side contingents of its marketplace.

Employees: 23,700

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

151% more first-time investments, than exits

New positions opened: 153 | Existing positions closed: 61

70% more call options, than puts

Call options by funds: $2.92B | Put options by funds: $1.72B

47% more repeat investments, than reductions

Existing positions increased: 310 | Existing positions reduced: 211

17% more capital invested

Capital invested by funds: $47.3B [Q3] → $55.4B (+$8.11B) [Q4]

10% more funds holding

Funds holding: 684 [Q3] → 753 (+69) [Q4]

1.51% less ownership

Funds ownership: 86.33% [Q3] → 84.82% (-1.51%) [Q4]

14% less funds holding in top 10

Funds holding in top 10: 37 [Q3] → 32 (-5) [Q4]

Research analyst outlook

24 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $193 3% downside
• Avg. target: $220 10% upside
• High target: $245 23% upside

24 analyst ratings

• positive: 16 67%
• neutral: 8 33%
• negative: 0 0%

Susquehanna Shyam Patil 80% 1-year accuracy 39 / 49 met price target	18% upside $235	Positive Maintained	13 Feb 2025
Barclays Ross Sandler 81% 1-year accuracy 25 / 31 met price target	0% upside $200	Equal-Weight Maintained	13 Feb 2025
B of A Securities Michael McGovern 67% 1-year accuracy 10 / 15 met price target	23% upside $245	Buy Maintained	12 Feb 2025
Truist Securities Youssef Squali 63% 1-year accuracy 47 / 75 met price target	18% upside $235	Buy Maintained	12 Feb 2025
UBS Lloyd Walmsley 100% 1-year accuracy 18 / 18 met price target	2% upside $204	Neutral Maintained	12 Feb 2025