DoorDash (DASH)

• Market cap: $76.1B
• 1 day: 0.87%
• 5 days: 6.50%
• 1 month: 5.54%
• 3 months: 2.29%
• 6 months: 24.24%
• Year to date: 13.03%
• 1 year: 49.23%
• 5 years: 1.78%
• 10 years: 1.78%
• Sector: Communication Services
• Industry: Internet Content & Information

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 disclosures by fund managers ($100M+ AUM)

171% more first-time investments, than exits

New positions opened: 168 | Existing positions closed: 62

69% more call options, than puts

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

46% more repeat investments, than reductions

Existing positions increased: 314 | Existing positions reduced: 215

23% more capital invested

Capital invested by funds: $45.2B [Q3] → $55.5B (+$10.3B) [Q4]

14% more funds holding

Funds holding: 685 [Q3] → 779 (+94) [Q4]

2.5% more ownership

Funds ownership: 82.55% [Q3] → 85.05% (+2.5%) [Q4]

13% less funds holding in top 10

Funds holding in top 10: 38 [Q3] → 33 (-5) [Q4]

Research analyst outlook

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

• Low target: $175 9% downside
• Avg. target: $220 14% upside
• High target: $240 24% upside

24 analyst ratings

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

JMP Securities Andrew Boone 38% 1-year accuracy 34 / 89 met price target	17% upside $225	Market Outperform Reiterated	28 Apr 2025
Morgan Stanley Brian Nowak 64% 1-year accuracy 23 / 36 met price target	9% upside $210	Overweight Maintained	17 Apr 2025
Cantor Fitzgerald Deepak Mathivanan 60% 1-year accuracy 34 / 57 met price target	9% upside $210	Overweight Maintained	16 Apr 2025
Keybanc Justin Patterson 39% 1-year accuracy 24 / 61 met price target	19% upside $230	Overweight Maintained	15 Apr 2025
JP Morgan Doug Anmuth 69% 1-year accuracy 36 / 52 met price target	9% downside $175	Neutral Maintained	8 Apr 2025