Doordash Class A Stock Buy Hold or Sell Recommendation
| DASH Stock | USD 117.59 3.78 3.32% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding DoorDash Class A is 'Hold'. Macroaxis provides DoorDash buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding DoorDash positions. The advice algorithm takes into account all of DoorDash's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting DoorDash's buy or sell advice are summarized below:
Real Value 102.03 | Target Price 94.7 | Hype Value 117.47 | Market Value 117.59 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell DoorDash Class A given historical horizon and risk tolerance towards DoorDash. When Macroaxis issues a 'buy' or 'sell' recommendation for DoorDash Class A, the advice is generated through an automated system that utilizes algorithms and statistical models.
DoorDash |
Execute DoorDash Buy or Sell Advice
The DoorDash recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on DoorDash Class A. Macroaxis does not own or have any residual interests in DoorDash Class A or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute DoorDash's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Hold
Market Performance | Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Actively responds to the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
DoorDash Trading Alerts and Improvement Suggestions
| The company reported the previous year's revenue of 8.63 B. Net Loss for the year was (565 M) with profit before overhead, payroll, taxes, and interest of 3.08 B. | |
| Over 91.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from benzinga.com: Ubers Low Growth-Adjusted Multiple Creates An Attractive Entry Point Morgan Stanley |
DoorDash Returns Distribution Density
The distribution of DoorDash's historical returns is an attempt to chart the uncertainty of DoorDash's future price movements. The chart of the probability distribution of DoorDash daily returns describes the distribution of returns around its average expected value. We use DoorDash Class A price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of DoorDash returns is essential to provide solid investment advice for DoorDash.
| Mean Return | 0.18 | Value At Risk | -3 | Potential Upside | 3.90 | Standard Deviation | 2.69 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of DoorDash historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
DoorDash Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as DoorDash is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading DoorDash Class A backward and forwards among themselves. DoorDash's institutional investor refers to the entity that pools money to purchase DoorDash's securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Newlands Management Operations Llc | 2023-12-31 | 7.1 M | State Street Corporation | 2023-12-31 | 6.3 M | Himension Fund | 2023-12-31 | 5.5 M | T. Rowe Price Associates, Inc. | 2023-12-31 | 5.2 M | Temasek Holdings Ltd. | 2023-12-31 | 4.9 M | Geode Capital Management, Llc | 2023-12-31 | 4.8 M | Dragoneer Investment Group, Llc | 2023-12-31 | 3.7 M | Viking Global Investors Lp | 2023-12-31 | 3.5 M | Aspex Management (hk) Ltd | 2023-12-31 | 3.1 M | Sc Us (ttgp), Ltd. | 2023-12-31 | 31.7 M | Vanguard Group Inc | 2023-12-31 | 29.3 M |
DoorDash Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | 122M | 482M | 624M | 515M | 592.3M | 388.5M | |
| Investments | (162M) | (6M) | (1.8B) | (300M) | (404M) | (424.2M) | |
| Change In Cash | 72M | 4.1B | (1.8B) | (318M) | 584M | 360.9M | |
| Free Cash Flow | (559M) | 93M | 455M | 21M | 1.3B | 1.4B | |
| Depreciation | 32M | 120M | 156M | 369M | 509M | 534.5M | |
| Capital Expenditures | 92M | 159M | 237M | 346M | 324M | 215.2M | |
| Net Income | (667M) | (461M) | (468M) | (1.4B) | (565M) | (593.3M) | |
| End Period Cash Flow | 287M | 4.3B | 2.5B | 2.2B | 2.8B | 2.3B | |
| Change To Netincome | 111M | 442M | 613M | 1.3B | 1.5B | 1.6B |
DoorDash Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to DoorDash or Internet & Direct Marketing Retail sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that DoorDash's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a DoorDash stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | 0.05 | |
β | Beta against NYSE Composite | 1.74 | |
σ | Overall volatility | 2.69 | |
Ir | Information ratio | 0.04 |
DoorDash Volatility Alert
DoorDash Class A currently demonstrates below-average downside deviation. It has Information Ratio of 0.04 and Jensen Alpha of 0.05. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure DoorDash's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact DoorDash's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.DoorDash Implied Volatility
DoorDash's implied volatility exposes the market's sentiment of DoorDash Class A stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if DoorDash's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that DoorDash stock will not fluctuate a lot when DoorDash's options are near their expiration.
DoorDash Fundamentals Vs Peers
Comparing DoorDash's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze DoorDash's direct or indirect competition across all of the common fundamentals between DoorDash and the related equities. This way, we can detect undervalued stocks with similar characteristics as DoorDash or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of DoorDash's fundamental indicators could also be used in its relative valuation, which is a method of valuing DoorDash by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare DoorDash to competition |
| Fundamentals | DoorDash | Peer Average |
| Return On Equity | -0.0632 | -0.31 |
| Return On Asset | -0.0277 | -0.14 |
| Profit Margin | (0.05) % | (1.27) % |
| Operating Margin | (0.02) % | (5.51) % |
| Current Valuation | 42.61 B | 16.62 B |
| Shares Outstanding | 381.69 M | 571.82 M |
| Shares Owned By Insiders | 0.68 % | 10.09 % |
| Shares Owned By Institutions | 91.13 % | 39.21 % |
| Number Of Shares Shorted | 11.42 M | 4.71 M |
| Price To Book | 8.21 X | 9.51 X |
| Price To Sales | 6.47 X | 11.42 X |
| Revenue | 8.63 B | 9.43 B |
| Gross Profit | 3.08 B | 27.38 B |
| EBITDA | (66 M) | 3.9 B |
| Net Income | (565 M) | 570.98 M |
| Cash And Equivalents | 3.81 B | 2.7 B |
| Cash Per Share | 9.82 X | 5.01 X |
| Total Debt | 522 M | 5.32 B |
| Debt To Equity | 0.07 % | 48.70 % |
| Current Ratio | 2.12 X | 2.16 X |
| Book Value Per Share | 17.13 X | 1.93 K |
| Cash Flow From Operations | 1.67 B | 971.22 M |
| Short Ratio | 4.18 X | 4.00 X |
| Earnings Per Share | (1.07) X | 3.12 X |
| Target Price | 135.67 | |
| Number Of Employees | 19.3 K | 18.84 K |
| Beta | 1.79 | -0.15 |
| Market Capitalization | 46.54 B | 19.03 B |
| Total Asset | 10.84 B | 29.47 B |
| Retained Earnings | (5.15 B) | 9.33 B |
| Working Capital | 2.19 B | 1.48 B |
| Net Asset | 10.84 B |
Note: Disposition of 5000 shares by Ravi Inukonda of DoorDash at 123.35 subject to Rule 16b-3 [view details]
DoorDash Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as DoorDash . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About DoorDash Buy or Sell Advice
When is the right time to buy or sell DoorDash Class A? Buying financial instruments such as DoorDash Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.| 2021 | 2022 | 2023 | 2024 (projected) | Other Current Liabilities | 1.4B | 2.1B | 347M | 329.7M | Total Assets | 6.8B | 9.8B | 10.8B | 6.6B |
Use Investing Ideas to Build Portfolios
In addition to having DoorDash in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Obamacare Repeal Thematic Idea Now
Obamacare Repeal
Healthcare and drug manufacturing companies that will most likely be affected by the final stages of Obamacare repeal. The Obamacare Repeal theme has 56 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Obamacare Repeal Theme or any other thematic opportunities.
| View All Next | Launch |
Check out DoorDash Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Complementary Tools for DoorDash Stock analysis
When running DoorDash's price analysis, check to measure DoorDash's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy DoorDash is operating at the current time. Most of DoorDash's value examination focuses on studying past and present price action to predict the probability of DoorDash's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DoorDash's price. Additionally, you may evaluate how the addition of DoorDash to your portfolios can decrease your overall portfolio volatility.
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities |
Is DoorDash's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of DoorDash. If investors know DoorDash will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about DoorDash listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.07) | Revenue Per Share 23.416 | Quarterly Revenue Growth 0.235 | Return On Assets (0.03) | Return On Equity (0.06) |
The market value of DoorDash Class A is measured differently than its book value, which is the value of DoorDash that is recorded on the company's balance sheet. Investors also form their own opinion of DoorDash's value that differs from its market value or its book value, called intrinsic value, which is DoorDash's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because DoorDash's market value can be influenced by many factors that don't directly affect DoorDash's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between DoorDash's value and its price as these two are different measures arrived at by different means. Investors typically determine if DoorDash is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DoorDash's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.