DoorDash (DASH) AI Stock Analysis

• Market Cap: $95.38B
• Dividend Yield: N/A
• Average Volume (3M): 6.76M
• Price to Earnings (P/E): 117.2
• Beta (1Y): 1.44
• Revenue Growth: 24.46%
• EPS Growth: N/A
• Country: US
• Employees: 23,700
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Internet Content & Information
• EPS (TTM): 0.55
• Shares Outstanding: 406,334,630
• 10 Day Avg. Volume: 4,819,339
• 30 Day Avg. Volume: 6,762,483
• PEG Ratio: -4.63
• Price to Book (P/B): 8.85
• Price to Sales (P/S): 6.44
• P/FCF Ratio: 38.31
• Enterprise Value/Market Cap: 1.21
• Enterprise Value/Revenue: 9.11
• Enterprise Value/Gross Profit: 18.05
• Enterprise Value/Ebitda: 88.21
• 1Y Price Target: $283.57
• Price Target Upside: 28.14% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 30
• EPS Forecast (FY): 2.26
• Revenue Forecast (FY): $13.76B

• Rating: 76 Outperform
• Price Target: $255.00 ▲(15.23% Upside)

DoorDash's overall stock score is driven by its strong financial performance and optimistic earnings call outlook, despite a high valuation and mixed technical indicators. The company's strategic investments and recent corporate events further bolster its growth prospects, although maintaining profitability margins and managing integration risks remain challenges.

Positive Factors

Revenue Growth

Strong revenue growth indicates robust demand and effective market strategies, enhancing DoorDash's competitive position and financial health.

Cash Flow Management

Efficient cash flow management supports sustainable operations and provides flexibility for strategic investments and debt management.

Strategic Expansion

The acquisition enhances DoorDash's global presence, leveraging Deliveroo's infrastructure to expand market reach and operational capabilities.

Negative Factors

Integration Risks

Integration risks could disrupt operations and incur additional costs, potentially impacting service quality and financial performance.

External Competition

Intense competition requires ongoing innovation and investment, which could pressure margins and market share if not effectively managed.

New Vertical Challenges

Negative unit economics in new verticals may hinder profitability and require sustained investment to achieve desired growth and efficiency.

DoorDash Business Overview & Revenue Model

Company Description

DoorDash, Inc. is a leading on-demand food delivery service headquartered in San Francisco, California. Founded in 2013, the company operates primarily in the food delivery sector, partnering with various restaurants and retailers to deliver meals and groceries directly to consumers' doors. DoorDash's core services include food delivery from local eateries, grocery delivery, and catering services, accessible through its user-friendly mobile app and website.

How the Company Makes Money

DoorDash generates revenue through multiple streams, primarily from delivery fees, service fees, and commissions charged to restaurants. When a customer places an order, DoorDash typically charges a delivery fee, which varies based on distance and the size of the order. Additionally, the company imposes a service fee that helps cover operational costs. Restaurants partnering with DoorDash pay a commission on each order fulfilled through the platform, which can range from 15% to 30% depending on various factors, including promotional agreements and the services used. DoorDash also offers subscription services, such as DashPass, which provides customers with free delivery on eligible orders for a monthly fee. Partnerships with major restaurant chains and grocery retailers further enhance revenue, as does the expansion into new markets and the introduction of innovative services like DashMart, which delivers convenience store items. Overall, DoorDash's diversified revenue model and strategic partnerships are key contributors to its earnings.

DoorDash Financial Statement Overview

Summary

DoorDash demonstrates strong financial health with impressive revenue growth, improved profitability, and efficient cash flow management. The balance sheet is solid with low leverage, and the company is well-positioned for future growth. Potential risks include maintaining profitability margins and managing debt levels as the company scales.

Income Statement

DoorDash has shown strong revenue growth with a 6.22% increase in the TTM period, building on previous years' growth. The gross profit margin is robust at 50.49%, indicating efficient cost management. The net profit margin has improved significantly to 6.83%, reflecting enhanced profitability. EBIT and EBITDA margins have also improved, showcasing operational efficiency.

Balance Sheet

The company maintains a healthy balance sheet with a low debt-to-equity ratio of 0.34, indicating conservative leverage. Return on equity has improved to 9.97%, reflecting better profitability. The equity ratio stands at 52.84%, suggesting a solid equity base relative to total assets.

Cash Flow

DoorDash exhibits strong cash flow performance with a 30% growth in free cash flow, indicating robust cash generation. The operating cash flow to net income ratio is 2.93, showing strong cash conversion. The free cash flow to net income ratio is 0.88, highlighting efficient cash utilization.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	12.63B	10.72B	8.63B	6.58B	4.89B	2.89B
Gross Profit	6.38B	5.18B	4.05B	3.00B	2.55B	1.52B
EBITDA	1.30B	523.00M	-68.00M	-663.00M	-296.00M	-306.00M
Net Income	863.00M	123.00M	-558.00M	-1.36B	-468.00M	-461.00M
Balance Sheet
Total Assets	17.97B	12.85B	10.84B	9.79B	6.81B	6.35B
Cash, Cash Equivalents and Short-Term Investments	4.24B	5.34B	4.08B	3.52B	3.76B	4.86B
Total Debt	3.26B	536.00M	522.00M	511.00M	399.00M	617.00M
Total Liabilities	8.46B	5.04B	4.03B	3.02B	2.14B	1.65B
Stockholders Equity	9.49B	7.80B	6.81B	6.75B	4.67B	4.70B
Cash Flow
Free Cash Flow	1.99B	1.80B	1.35B	21.00M	455.00M	93.00M
Operating Cash Flow	2.53B	2.13B	1.67B	367.00M	692.00M	252.00M
Investing Cash Flow	-1.44B	-444.00M	-342.00M	-300.00M	-2.05B	-192.00M
Financing Cash Flow	2.39B	-204.00M	-752.00M	-375.00M	-483.00M	4.00B

DoorDash Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 221.30
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For DASH, the sentiment is Positive. The current price of 221.3 is above the 20-day moving average (MA) of 214.07, below the 50-day MA of 230.20, and below the 200-day MA of 225.08, indicating a bullish trend. The MACD of 1.67 indicates Negative momentum. The RSI at 57.08 is Neutral, neither overbought nor oversold. The STOCH value of 62.35 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for DASH.

DoorDash Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CART	79 Outperform	$11.98B	24.69	15.33%	―	10.16%	18.29%
DASH	76 Outperform	$95.38B	117.16	10.11%	―	24.46%	―
UBER	74 Outperform	$164.44B	10.22	77.55%	―	18.25%	277.10%
YELP	70 Outperform	$1.90B	13.70	20.37%	―	5.35%	33.74%
LYFT	69 Neutral	$7.66B	55.06	24.53%	―	14.90%	―
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
NXDR	58 Neutral	$819.51M	-12.95	-14.07%	―	6.65%	50.32%

DoorDash Corporate Events

DoorDash Reports Strong Q3 2025 Financial Growth

On November 5, 2025, DoorDash announced its financial results for the third quarter of 2025, highlighting significant year-over-year growth in key metrics such as Total Orders, Marketplace Gross Order Value (GOV), and revenue. The company reported a 21% increase in Total Orders to 776 million, a 25% rise in Marketplace GOV to $25 billion, and a 27% growth in revenue to $3.4 billion. DoorDash’s GAAP net income rose by 51% to $244 million, and Adjusted EBITDA increased by 41% to $754 million. The company attributes its success to strong execution and reinvestment strategies, which have driven growth in U.S. monthly active users and DashPass memberships. Additionally, DoorDash expanded its U.S. new verticals categories, including grocery and retail, and launched DashMart Fulfillment Services to enhance consumer experiences, contributing to accelerated growth in Marketplace GOV.

DoorDash Finalizes $3.7 Billion Deliveroo Acquisition

On October 2, 2025, DoorDash completed its acquisition of Deliveroo, a delivery service operating in multiple countries. The acquisition, valued at approximately $3.7 billion, was finalized through a court-sanctioned scheme of arrangement under UK law. This strategic move is expected to enhance DoorDash’s global presence in local commerce, allowing the combined entity to better serve businesses, consumers, and couriers while benefiting from DoorDash’s extensive resources and reach.