About DoorDashCopy link to section
What is DoorDash?Copy link to section
DoorDash is a technology and food delivery company that operates in 27 countries around the world. Its largest market is the US, where it owns more than 50% of the total market share of the food delivery business.
The company was founded by Tony Xu, Andy Fang, and Stanley Fang in 2013. It grew significantly during the pandemic, when there was a huge increase in demand for home food delivery. It went public in December 2020.
How does DoorDash make money?Copy link to section
From an online marketplace that connects restaurants to consumers. DoorDash earns a percentage of each order and operates the delivery service. It also offers a white label online shop, which restaurants can use to operate their own online delivery service.
What is DoorDash’s best selling service?Copy link to section
The food delivery arm of the business generates the majority of DoorDash’s revenue. The ‘Marketplace’ business segment includes the day-to-day food delivery service alongside a subscription product which restaurants can pay to get better rates and an improved online service.
Who are the key executives at DoorDash?Copy link to section
Tony Xu is a co-founder and the current CEO of DoorDash. Here are some of the top executives at the company.
- Tony Xu, co-founder & CEO
- Andy Fang, co-founder & CTO
- Stanley Tang, co-founder & CPO
Where can I buy shares in DoorDash?Copy link to section
You can buy DoorDash stock on a stock trading platform. These platforms are extremely simple to use but there are different options to suit your specific needs. If you are a first-time investor you might want to use a trading platform for beginners, while if you plan on doing a lot of trading from your phone, a stock trading app might be best.
Are there any other ways to invest in DoorDash?Copy link to section
The simplest way to invest in DoorDash is to buy shares through a stock broker. However, you can also invest through an ETF or a fund. The best ETFs allow you to invest in the stock market more generally rather than focus on one company.
More about the DASH priceCopy link to section
What is the DoorDash stock price today?Copy link to section
The DASH stock price today is currently $59.90, as of 28 March 2023. The price of DoorDash is down 47.65% over the last year. You can use the live DoorDash stock chart to track the NYSE:DASH price in real time above, or compare the DoorDash value today to its past performance using the DoorDash financials tab at the top of this page.
What is the 52-week low for DoorDash stock?Copy link to section
The 52-week low for DoorDash stock is $41.36. DASH stock is currently 44.82% above the 52-week low.
What is the 52-week high for DoorDash stock?Copy link to section
The 52-week high for DoorDash stock is $130.20. DASH stock is currently 53.99% below the 52-week high.
What is the stock forecast for DoorDash?Copy link to section
The average DoorDash stock forecast has a price target of $78.50 by the end of 2023. DoorDash’s latest financial results, the broader economic outlook, and the amount of competition in the industry all influence these forecasts.
It’s best to take analyst forecasts with a grain of salt but you can use their estimates to help you understand the weight of opinion about a stock.
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Latest DoorDash analysisCopy link to section
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