DoorDash (DASH) AI Stock Analysis

• Market Cap: $81.06B
• Dividend Yield: N/A
• Average Volume (3M): 5.85M
• Price to Earnings (P/E): 95.4
• 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: 8,333,213
• 30 Day Avg. Volume: 5,852,415
• 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: 1.42
• Enterprise Value/Revenue: 9.11
• Enterprise Value/Gross Profit: 18.05
• Enterprise Value/Ebitda: 88.21
• 1Y Price Target: $284.46
• Price Target Upside: 51.24% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 30
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 67 Neutral
• Price Target: $204.00 ▲(8.46% Upside)

DoorDash's strong financial performance and optimistic earnings call sentiment are significant positives, indicating robust growth potential and strategic investments. However, technical analysis suggests bearish momentum, and the high P/E ratio indicates potential overvaluation. The absence of a dividend yield and challenges related to upcoming investments and integration risks also weigh on the overall score.

Positive Factors

Revenue Growth

DoorDash's strong revenue growth indicates robust demand and effective market penetration, supporting long-term business expansion.

Cash Generation

Consistent cash flow growth enhances financial stability, allowing for strategic investments and resilience against economic fluctuations.

Strategic Investments

Investing in innovative services and technology positions DoorDash for future growth and competitive advantage in delivery logistics.

Negative Factors

Integration Risks

Integration challenges with Deliveroo could disrupt operations and incur additional costs, impacting profitability and service quality.

Rising Costs

Planned substantial investments may increase costs temporarily, affecting short-term margins and requiring careful financial management.

External Competition

Intense competition from major players like Amazon necessitates continuous innovation and investment, posing a threat to market share.

DoorDash Business Overview & Revenue Model

Company Description

DoorDash, Inc. operates a logistics platform that connects merchants, consumers, and dashers in the United States and internationally. It operates DoorDash and Wolt marketplaces, which provides an array of services that enable merchants to solve mission-critical challenges, such as customer acquisition, delivery, insights and analytics, merchandising, payment processing, and customer support; DashPass and Wolt+, a membership products; and offers DoorDash Drive and Wolt Drive, a white-label delivery fulfillment services; DoorDash Storefront that enables merchants to offer consumers on-demand access to e-commerce; and Bbot, which offers merchants digital ordering and payment solutions for in-store and online channels. The company was formerly known as Palo Alto Delivery Inc. and changed its name to DoorDash, Inc. in 2015. DoorDash, Inc. was incorporated in 2013 and is headquartered in San Francisco, California.

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: Negative
• Last Price: 188.08
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For DASH, the sentiment is Negative. The current price of 188.08 is below the 20-day moving average (MA) of 217.53, below the 50-day MA of 247.13, and below the 200-day MA of 223.50, indicating a bearish trend. The MACD of -16.92 indicates Positive momentum. The RSI at 28.95 is Positive, neither overbought nor oversold. The STOCH value of 14.20 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for DASH.

DoorDash Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CART	75 Outperform	$10.62B	22.21	15.33%	―	10.16%	18.29%
UBER	74 Outperform	$173.89B	10.74	77.55%	―	18.25%	277.10%
YELP	70 Outperform	$1.76B	12.63	20.37%	―	5.35%	33.74%
DASH	67 Neutral	$81.06B	95.42	10.11%	―	24.46%	―
LYFT	67 Neutral	$7.94B	55.12	24.53%	―	14.90%	―
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
NXDR	51 Neutral	$674.43M	―	-14.07%	―	6.65%	50.32%

DoorDash Corporate Events

DoorDash Earnings Call: Growth and Strategic Investments

DoorDash’s recent earnings call painted a picture of robust growth and strategic foresight. The company reported strong performance in its core business, with significant growth acceleration and promising new investments. While challenges such as integration risks with Deliveroo and costs associated with upcoming investments were noted, the overall sentiment was optimistic, with strategic initiatives expected to drive future growth.

DoorDash Reports Strong Q3 2025 Financial Growth

DoorDash, Inc. is a leading technology company in the food delivery industry, providing a platform that connects consumers with their favorite local and national businesses. The company operates primarily in the on-demand logistics sector and is known for its innovative approach to enhancing local commerce.

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.

The most recent analyst rating on (DASH) stock is a Buy with a $310.00 price target. To see the full list of analyst forecasts on DoorDash stock, see the DASH Stock Forecast page.

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.

The most recent analyst rating on (DASH) stock is a Buy with a $350.00 price target. To see the full list of analyst forecasts on DoorDash stock, see the DASH Stock Forecast page.