| title,source,date,link,content
|
| "DoorDash, IBD Stock Of The Day, Delivers Strong Gains, And Fries",Investor |
|
|
| Investors.com will undergo scheduled maintenance from 10:00 PM ET to 2:00 AM ET and some features may be unavailable. We apologize for any inconvenience. |
|
|
| DoorDash DoorDash DASH $ 248.72 $5.03 2.06% 10% IBD Stock Analysis Stock at 4-weeks tight DASH finding support at 21-day Earnings report on Aug. 6 Composite Rating 99/99 Industry Group Ranking 12/197 Emerging Pattern Three Weeks Tight Three Weeks Tight After a breakout a stock will sometimes consolidate tightly. A three-weeks tight is when a stock closes within 1% to… |
|
|
| 11/05/2025 Robinhood, AppLovin and ARM led key earnings overnight. Tesla shareholders will vote on Elon Musk |
|
|
| 11/05/2025 Robinhood, AppLovin and ARM led key earnings overnight. Tesla shareholders... |
|
|
| Weight-loss drugs could be a $150 billion market by 2035, according to Morgan Stanley. (© Gary Neill) |
|
|
| Get instant access to exclusive stock lists, expert market analysis and powerful tools with 2 months of IBD Digital for only $20! |
|
|
| Get market updates, educational videos, webinars, and stock analysis. |
|
|
| Learn how you can make more money with IBD |
|
|
| Information in Investor’s Business Daily is for informational and educational purposes only and should not be construed as an offer, recommendation, solicitation, or rating to buy or sell securities. The information has been obtained from sources we believe to be reliable, but we make no guarantee as to its accuracy, timeliness, or suitability, including with respect to information that appears in closed captioning. Historical investment performances are no indication or guarantee of future success or performance. Authors/presenters may own the stocks they discuss. We make no representations or warranties regarding the advisability of investing in any particular securities or utilizing any specific investment strategies. Information is subject to change without notice. For information on use of our services, please see our Terms of Use. |
|
|
| *Real-time prices by Nasdaq Last Sale. Real-time quote and/or trade prices are not sourced from all markets. Ownership data provided by LSEG and Estimate data provided by FactSet. |
|
|
| IBD, IBD Digital, IBD Live, IBD Weekly, Investor |
|
|
| ©2025 Investor’s Business Daily, LLC. All Rights Reserved."
|
| "DoorDash, Inc. (DASH) Opinions on Recent Stock Surge and Analyst Upgrades",Nasdaq,"Jul 6, 2025",https://www.nasdaq.com/articles/doordash-inc-dash-opinions-recent-stock-surge-and-analyst-upgrades,"Recent discussions on X about DoorDash, Inc. (DASH) have centered around the company |
|
|
| However, not all chatter is uniformly positive, as some voices on X have raised concerns about long-term profitability and competitive pressures in the on-demand delivery market. While the recent milestones and analyst confidence dominate the conversation, there are lingering questions about whether the current momentum can be sustained amidst evolving market dynamics. These mixed perspectives keep the dialogue lively and speculative, drawing in a wide range of opinions on the platform. |
|
|
| Note: This discussion summary was generated from an AI condensation of post data. |
|
|
| DoorDash, Inc. Congressional Stock Trading |
|
|
| Members of Congress have traded $DASH stock 9 times in the past 6 months. Of those trades, 5 have been purchases and 4 have been sales. |
|
|
| Here’s a breakdown of recent trading of $DASH stock by members of Congress over the last 6 months: |
|
|
| REPRESENTATIVE JEFFERSON SHREVE sold up to $50,000 on 05/12. |
|
|
| on 05/12. REPRESENTATIVE JOSH GOTTHEIMER has traded it 2 times. They made 1 purchase worth up to $15,000 on 03/13 and 1 sale worth up to $15,000 on 04/09. |
|
|
| on 03/13 and 1 sale worth up to on 04/09. REPRESENTATIVE ROBERT BRESNAHAN purchased up to $15,000 on 04/08. |
|
|
| on 04/08. REPRESENTATIVE BYRON DONALDS has traded it 4 times. They made 2 purchases worth up to $30,000 on 02/13 and 2 sales worth up to $30,000 on 03/20. |
|
|
| on 02/13 and 2 sales worth up to on 03/20. REPRESENTATIVE TIM MOORE purchased up to $50,000 on 03/04. |
|
|
| To track congressional stock trading, check out Quiver Quantitative |
|
|
| DoorDash, Inc. Insider Trading Activity |
|
|
| DoorDash, Inc. insiders have traded $DASH stock on the open market 228 times in the past 6 months. Of those trades, 0 have been purchases and 228 have been sales. |
|
|
| Here’s a breakdown of recent trading of $DASH stock by insiders over the last 6 months: |
|
|
| PRABIR ADARKAR (PRESIDENT AND COO) has made 0 purchases and 54 sales selling 275,801 shares for an estimated $55,299,578 . |
|
|
| . STANLEY TANG has made 0 purchases and 47 sales selling 234,038 shares for an estimated $47,678,892 . |
|
|
| . ANDY FANG has made 0 purchases and 31 sales selling 212,458 shares for an estimated $39,617,975 . |
|
|
| . TONY XU (CHIEF EXECUTIVE OFFICER) has made 0 purchases and 21 sales selling 102,513 shares for an estimated $23,263,315 . |
|
|
| . RAVI INUKONDA (CHIEF FINANCIAL OFFICER) has made 0 purchases and 21 sales selling 63,004 shares for an estimated $12,710,802 . |
|
|
| . TIA SHERRINGHAM (GENERAL COUNSEL AND SECRETARY) has made 0 purchases and 19 sales selling 40,733 shares for an estimated $8,113,518 . |
|
|
| . KEITH YANDELL (CHIEF BUSINESS OFFICER) has made 0 purchases and 19 sales selling 26,584 shares for an estimated $5,295,288 . |
|
|
| . GORDON S LEE (CHIEF ACCOUNTING OFFICER) has made 0 purchases and 5 sales selling 9,194 shares for an estimated $1,884,279 . |
|
|
| . SHONA L BROWN has made 0 purchases and 5 sales selling 5,798 shares for an estimated $1,312,287 . |
|
|
| . ASHLEY STILL has made 0 purchases and 6 sales selling 2,932 shares for an estimated $651,826. |
|
|
| To track insider transactions, check out Quiver Quantitative |
|
|
| DoorDash, Inc. Hedge Fund Activity |
|
|
| We have seen 563 institutional investors add shares of DoorDash, Inc. stock to their portfolio, and 311 decrease their positions in their most recent quarter. |
|
|
| Here are some of the largest recent moves: |
|
|
| To track hedge funds |
|
|
| DoorDash, Inc. Analyst Ratings |
|
|
| Wall Street analysts have issued reports on $DASH in the last several months. We have seen 11 firms issue buy ratings on the stock, and 0 firms issue sell ratings. |
|
|
| Here are some recent analyst ratings: |
|
|
| Cantor Fitzgerald issued a ""Overweight"" rating on 06/25/2025 |
|
|
| Citigroup issued a ""Outperform"" rating on 06/12/2025 |
|
|
| Needham issued a ""Buy"" rating on 05/07/2025 |
|
|
| Wedbush issued a ""Outperform"" rating on 05/07/2025 |
|
|
| Bank of America Securities issued a ""Buy"" rating on 04/29/2025 |
|
|
| RBC Capital issued a ""Outperform"" rating on 04/29/2025 |
|
|
| BMO Capital issued a ""Outperform"" rating on 04/29/2025 |
|
|
| To track analyst ratings and price targets for DoorDash, Inc., check out Quiver Quantitative |
|
|
| DoorDash, Inc. Price Targets |
|
|
| Multiple analysts have issued price targets for $DASH recently. We have seen 6 analysts offer price targets for $DASH in the last 6 months, with a median target of $197.0. |
|
|
| Here are some recent targets: |
|
|
| Mark Kelley from Stifel Nicolaus set a target price of $198.0 on 06/10/2025 |
|
|
| on 06/10/2025 Tom White from D.A. Davidson set a target price of $190.0 on 05/07/2025 |
|
|
| on 05/07/2025 Scott Devitt from Wedbush set a target price of $200.0 on 05/07/2025 |
|
|
| on 05/07/2025 Rohit Kulkarni from Roth Capital set a target price of $191.0 on 05/07/2025 |
|
|
| on 05/07/2025 Stephen Ju from UBS set a target price of $196.0 on 05/07/2025 |
|
|
| on 05/07/2025 Ken Gawrelski from Wells Fargo set a target price of $198.0 on 05/07/2025 |
|
|
| This article is not financial advice. See Quiver Quantitative |
|
|
| This article was originally published on Quiver News , read the full story |
|
|
| The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc."
|
| DoorDash Stock Falls After Delivery Firm Makes Pair Of Acquisitions And Posts Mixed Q1 Results,Investor's Business Daily,"May 6, 2025",https://www.investors.com/news/technology/doordash-stock-dash-q1-2025-earnings-results/,"DoorDash (DASH) stock fell Tuesday after a busy morning of announcements that included first quarter results and deals to acquire both U.K.-based food delivery company Deliveroo and restaurant-focused software firm SevenRooms. DoorDash |
|
|
| The deals come at a time that tariffs have raised concerns about consumer spending slowing. But DoorDash Chief Executive Tony Xu told analysts Tuesday that the company is ""not seeing any effects"" yet demand on its food and grocery delivery apps. DoorDash forecasted stronger order demand for the current June-ended quarter than previous Wall Street estimates. |
|
|
| Still, the acquisitions paired with a light Q1 revenue mix might have spooked some investors. DoorDash stock closed down by 7.4% at 190.11 on the stock market today. The slide cools a hot start to the year that had seen DoorDash rally more than 22% entering Tuesday. DASH stock fell back below a 201.03 double-bottom buy point cleared last Friday. |
|
|
| DoorDash Q1 By The Numbers |
|
|
| The San Francisco-based DoorDash also said that it earned 44 cents per share on sales of $3.03 billion for the March-ended quarter. That beat Wall Street expectations for earnings of 39 cents per share but was slightly lower than the $3.1 billion in sales analysts previously forecasted, according to FactSet. |
|
|
| Sales increased 20% year-over-year while the company swung to the earnings from a loss of 6 cents per share from the same quarter a year earlier. |
|
|
| DoorDash said in its news release that consumer demand has ""remained strong."" The company expects gross order value on its app to reach $23.5 billion for its June-ended quarter, based on the midpoint of its guidance range. That was better than the $23.3 billion forecasted by analysts, according to FactSet. |
|
|
| However, the company |
|
|
| Meanwhile, the total value of orders placed on DoorDash |
|
|
| Double-Dashing Acquisitions |
|
|
| DoorDash announced it would spend $3.86 billion to acquire U.K.-based Deliveroo, confirming an offer that was disclosed by Deliveroo late last month. In a less anticipated move, DoorDash announced separately that it would buy New York-based restaurant technology company SevenRooms for $1.2 billion. The deal for the OpenTable competitor allows DoorDash to offer merchants ""new tools to grow in-store and delivery sales,"" according to the company announcement. |
|
|
| DoorDash stock analysts were mostly positive on the potential Deliveroo acquisition, after it was disclosed last month, noting that DoorDash |
|
|
| Deliveroo |
|
|
| ""We |
|
|
| SevenRooms, meanwhile, offers software tools for restaurants that manage marketing, operations and guest experiences, including booking reservations. The company was founded in 2011. DoorDash said in a news release it will integrate those tools into its ""Commerce Platform"" for restaurants. |
|
|
| Both deals are expected to close later this year, according to the separate DoorDash announcements. |
|
|
| DoorDash Stock On IBD 50 |
|
|
| With Tuesday |
|
|
| DoorDash is on the IBD 50 list of top growth stocks. Steady sales growth and improving earnings powered gains for DoorDash stock leading up to the Q1 report. |
|
|
| William Blair analyst Ralph Shackart reiterated an outperform call for DoorDash stock in a client note following the report. |
|
|
| ""Given the continued strong growth, scaling margins, and share gains, we believe DoorDash will continue to execute, assuming digital channels continue to take broader market share,"" Schackart wrote. |
|
|
| Evercore ISI Mark Mahaney also stuck by an outperform call for DoorDash. |
|
|
| ""DoorDash is clearly leaning into growth investments (two large acquisitions and small |
|
|
| YOU MAY ALSO LIKE: |
|
|
| When To Sell Growth Stocks: This Could Be Your No. 1 Rule |
|
|
| Get Timely Buy & Sell Alerts With IBD Leaderboard |
|
|
| IBD Live: Learn And Analyze Growth Stocks With The Pros |
|
|
| How To Know It
|
| DASH Stock Price and Chart — NASDAQ:DASH,TradingView,"Oct 1, 2023",https://www.tradingview.com/symbols/NASDAQ-DASH/,"Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So DoorDash, Inc. technincal analysis shows the sell today, and its 1 week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating DoorDash, Inc. stock shows the buy signal. See more of DoorDash, Inc. technicals for a more comprehensive analysis.If you're still not sure, try looking for inspiration in our curated watchlists"
|
| DoorDash Slips After Citron Calls IPO ‘Most Ridiculous’ of 2020,Bloomberg.com,"Dec 17, 2020",https://www.bloomberg.com/news/articles/2020-12-17/doordash-sinks-after-citron-calls-ipo-most-ridiculous-of-2020,"To continue, please click the box below to let us know you're not a robot. |
| |
| Please make sure your browser supports JavaScript and cookies and that you are not blocking them from loading. For more information you can review our Terms of Service and Cookie Policy. |
| |
| For inquiries related to this message please contact our support team and provide the reference ID below. |
| |
| Get the most important global markets news at your fingertips with a Bloomberg.com subscription."
|
| "Doordash stock sinks 9% as company misses earnings, says it expects further spending",CNBC,4 days ago,https://www.cnbc.com/2025/11/05/doordash-stock-dash-q3-2025-earnings.html,"A DoorDash bag on a bicycle in New York, US, on Tuesday, May 6, 2025. |
| |
| DoorDash reported third-quarter earnings that missed analyst expectations and said it expects to spend ""several hundred million dollars"" on new initiatives and development in 2026. |
| |
| The stock sank 9% following the report. |
| |
| Here's how the company did compared to LSEG estimates: |
| |
| Earnings: 55 cents per share vs 69 cents per share expected |
| |
| 55 cents per share vs 69 cents per share expected Revenue: $3.45 billion vs $3.36 billion expected. |
| |
| ""We wish there was a way to grow a baby into an adult without investment, or to see the baby grow into an adult overnight, but we do not believe this is how life or business works,"" the company wrote in its earnings release to explain the boosted spending. |
| |
| DoorDash said it is developing a new global tech platform that progressed in 2025 but is expected to accelerate in 2026, noting the direct and opportunity costs in the near term. The company announced its Dot autonomous delivery robot in September. |
| |
| The food delivery platform's revenue increased 27% from a year earlier. |
| |
| DoorDash posted net income of $244 million, or 55 cents per share, in Q3, up from $162 million, or 38 cents per share, a year ago."
|
| "DoorDash (DASH) Stock Trades Down, Here Is Why",Yahoo Finance,3 days ago,https://finance.yahoo.com/news/doordash-dash-stock-trades-down-163727906.html,"What Happened? |
| |
| Shares of on-demand food delivery service DoorDash (NYSE:DASH) fell 15.5% in the morning session after the company reported third-quarter results that missed profit expectations and provided a weaker-than-expected forecast for the upcoming quarter, raising concerns about future profitability. While the food delivery service's revenue of $3.45 billion for the third quarter surpassed analyst estimates, its GAAP earnings per share of $0.55 fell short of the consensus forecast of $0.68. More importantly, DoorDash's guidance for the fourth quarter was a significant point of concern for investors. The company projected adjusted EBITDA of $760 million at the midpoint, which was considerably below Wall Street's expectation of $822.4 million. This weaker outlook suggested potential pressures on profitability, overshadowing the revenue beat and leading to a sharp sell-off in the company's shares. |
| |
| The stock market overreacts to news, and big price drops can present good opportunties to buy high-quality stocks. Is now the time to buy DoorDash? Access our full analysis report here. |
| |
| What Is The Market Telling Us |
| |
| DoorDash’s shares are somewhat volatile and have had 13 moves greater than 5% over the last year. But moves this big are rare even for DoorDash and indicate this news significantly impacted the market’s perception of the business. |
| |
| The previous big move we wrote about was 10 days ago when the stock gained 2.5% on the news that Goldman Sachs reinstated coverage on the stock with a ""Buy"" rating and a $315 price target. The analyst note cited momentum from the company's recently completed acquisition of its U.K.-based peer, Deliveroo. Goldman Sachs noted that it incorporated Deliveroo into its estimates and assumed DoorDash would invest to drive accelerating growth for the unit. This action was part of a series of recent analyst activities concerning the company. In the preceding days, Truist Securities had maintained its ""Buy"" rating while raising its price target, and Barclays had reinstated its own coverage with an ""Equal-Weight"" rating. |
| |
| DoorDash is up 18% since the beginning of the year, but at $201.41 per share, it is still trading 28.5% below its 52-week high of $281.74 from October 2025. Investors who bought $1,000 worth of DoorDash’s shares at the IPO in December 2020 would now be looking at an investment worth $1,063. |
| |
| The 1999 book Gorilla Game predicted Microsoft and Apple would dominate tech before it happened. Its thesis? Identify the platform winners early. Today, enterprise software companies embedding generative AI are becoming the new gorillas. Click here for access to our special report that reveals one profitable leader already riding this wave."
|
| "I'm 81 and have less than $20,000 in my retirement account. DoorDash driving and 'work camping' keep me afloat.",Business Insider,1 month ago,https://www.businessinsider.com/81-cant-retire-still-working-doordash-campground-debt-bills-2025-10,"This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. |
| |
| This as-told-to essay is based on a conversation with Richard Smith, 81, who works part-time for the campground where he lives for half of the year and part-time driving for DoorDash. The following has been edited for length and clarity. |
| |
| My wife and I have done work camping all across the country, including in New Hampshire and even Alaska. Work camping is a lifestyle that combines working and camping. Work campers often trade labor for compensation, which can include a free or discounted campsite, utilities, and sometimes wages. |
| |
| We bought a house in Florida nine years ago and live there for six months in the winter. Our 42-foot Monaco Class A motor coach is our home for the other half of the year while we work camp. Since 2019, we've work camped in New Hampshire. I also do DoorDash in both places. |
| |
| This year in New Hampshire, I'm working two jobs. I work at the campground Thursday through Sunday nights, and I drive for DoorDash Monday through Wednesday. I'm basically working seven days a week. |
| |
| I worked for decades in the film industry |
| |
| I started working back in January 1963 with Eastman Kodak in Rochester, and I worked for them for over 30 years. |
| |
| I got married very young and had kids very quickly after. I had a family to support, so I worked full-time at Kodak, part-time in the evening at automotive stores, and went to night school. I wish I'd put money aside during this time and let it compound. |
| |
| In the 1990s, I was offered an opportunity to work in Hollywood at a major motion picture film lab, and I moved out to Los Angeles to be their technical director. I worked for them until around 2004. |
| |
| At that time, I fully intended on going full-time RVing and doing work camping; it was one of my lifelong dreams to travel the country in an RV. But a great opportunity came up at a university in California, and I worked as a film lab manager for the school's motion picture and television film lab, where they did archival restoration and preservation of all their film libraries. |
| |
| I worked for them for another five years. I had planned on staying a few more years until I reached full retirement age, but then they offered me a retirement package in 2009, around the time the economy took a dive. |
| |
| I accepted and invested my retirement package into a self-directed IRA. |
| |
| Related stories Business Insider tells the innovative stories you want to know Business Insider tells the innovative stories you want to know |
| |
| I didn't save enough for retirement |
| |
| Unfortunately, my self-directed IRA went to hell due to some stupid decisions; I made some risky investments. |
| |
| Because I waited until later in life to invest, I wasn't able to set as much aside for retirement. Most people don't realize how much they really need for retirement, and more than likely, they're going to outlive their retirement funds. |
| |
| In 2009, I came across Workamper News, which was a good resource for finding jobs throughout the country. I signed up as a member, and it's how I found a lot of work. |
| |
| My wife and I decided to pack up everything we owned into our RV and a large cargo trailer. We headed to Alaska, where my two sons and grandkids live. We traveled around the country for the next eight years, work camping and visiting family and friends. |
| |
| Richard Smith and his wife have work camped all across the country. Richard Smith |
| |
| DoorDash and work camping help me make some money to pay the bills |
| |
| Now in New Hampshire, I work as a ranger. I basically patrol the park, mainly at night. My day usually starts around 4 p.m. and ends around 12:30 a.m. I'm paid $15 an hour for my range of work. |
| |
| Due to my age, I'm mostly restricted to ranger-type work camping jobs, which involve riding in a golf cart, patrolling the park or campground, and maintaining security at night. I can't do maintenance work, as my health prevents me from doing any bending, lifting, or twisting. |
| |
| My wife does housekeeping while work camping and takes care of cabins, restrooms, and laundry rooms. You have to pick and choose the work camping jobs that fit your lifestyle and financial needs. |
| |
| This campsite rental is deeply discounted at $200 a month. |
| |
| On DoorDash days, I usually start around 3 or 4 p.m. and go until 9 or 10 p.m.; it depends on how frequently the orders come in. My goal every night is to reach about $100, and sometimes, I go well over that. |
| |
| I started doing DoorDash last winter. I couldn't find a six-month, part-time job, so another work camper introduced me to DoorDash. It pays pretty well, though you have to factor in wear and tear on the car and gasoline costs. In Florida, I'm usually left with about $500 a week to help pay bills after fuel and taxes. |
| |
| My health is still good, but I'm not sure it'll last |
| |
| Driving is one of the things that I can still do fairly well at my age. I'm an excellent driver. I don't feel comfortable driving at fast speeds anymore, so I let people go around me if they need to. |
| |
| Every time I go see my primary care physician in Florida, he tells me that I'm very lucky and blessed to have such good health so far. I don't know if that's going to last, and I'm definitely overweight. |
| |
| In Florida, we live in a little town by the beach on the Atlantic Ocean. My brother also owns a place down here. We like to fish as much as we can, but it really depends on the weather. We've never stayed a summer in Florida, as it gets really humid. |
| |
| In the worst-case scenario, we could sell our house |
| |
| Today, I have a lot of debt. If you consider our house and all of the extended credit, it's around $350,000. |
| |
| I get close to $3,000 a month in Social Security. There's less than $20,000 in my IRA, and I have basically no savings account. |
| |
| I'm trying to pay down my debt as much as I can. Unfortunately, car repairs interfere with that. I also recently had carpal tunnel surgery on my left hand, and I'll probably have my right hand done next year. Those charges end up going on the credit card because I don't have the savings to pay for them. |
| |
| The fuel bill for driving from Florida to New Hampshire and back usually runs just under $1,000. It's hard to pay for that and still pay down my debt. |
| |
| In the worst-case scenario, we have a lot of equity built up in the house, so we could sell it and go back to full-time RV life. |
| |
| My brother sends job openings that he comes across, and occasionally, I look into some of them. There may come a period in life when we'll have to stay in Florida all year for health reasons, and I'll need to find a year-round job. |
| |
| I don't see any other way to get around it because winning the Powerball lottery isn't working."
|
| Doordash has biggest one-day drop ever as stock falls 17% on spending concerns,CNBC,3 days ago,https://www.cnbc.com/2025/11/06/doordash-dash-stock-earnings-spending.html,"Doordash 's stock plummeted 17% for its worst session ever as investors rejected the company's aggressive spending strategy. |
| |
| The food delivery platform said it plans to shell out ""several hundred million dollars"" next year on new product initiatives like autonomous delivery and a new global tech stack. |
| |
| These plans will improve its product globally, but involve ""direct and opportunity costs"" in the short run, Doordash said. |
| |
| CEO Tony Xu defended the company's spending decisions during the earnings call with analysts and said Doordash is running the business as it always has — to solve problems for customers in the highest quality ways. |
| |
| ""Our track record in investing in the areas that we currently have operating ... have suggested that we've had some success in repeating this playbook, and we're doing this now for future growth,"" he said. |
| |
| In recent months, Doordash has spent big money to open new markets and boost optionality for customers as it battles industry competitors such as Uber , and worries mount of a slowdown in consumer discretionary spending."
|
| Why DoorDash (DASH) Stock Is Trading Up Today,Yahoo Finance,1 month ago,https://finance.yahoo.com/news/why-doordash-dash-stock-trading-201327919.html,"What Happened? |
| |
| Shares of on-demand food delivery service DoorDash (NYSE:DASH) jumped 4.3% in the afternoon session after the company announced a new multi-year partnership with advertising firm Criteo to enhance its retail media offerings. |
| |
| This deal aimed to boost advertising opportunities on DoorDash's platform, specifically within its grocery, convenience, and other non-restaurant retail areas. Under the agreement, Criteo acted as an extension of DoorDash's U.S. ad sales team, working directly with brands and agencies to scale media placements. This collaboration was designed to provide advertisers more effective ways to connect with consumers at the point of purchase. The two companies also planned to explore deeper integrations of their advertising technologies over time. |
| |
| The shares closed the day at $281.71, up 3.8% from previous close. |
| |
| Is now the time to buy DoorDash? Access our full analysis report here. |
| |
| What Is The Market Telling Us |
| |
| DoorDash’s shares are somewhat volatile and have had 14 moves greater than 5% over the last year. In that context, today’s move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business. |
| |
| The biggest move we wrote about over the last year was 6 months ago when the stock dropped 9.6% on the news that President Trump announced ""reciprocal tariffs"" on all US imports, set at a minimum rate of 10% or more. |
| |
| Markets reacted negatively to the announcement, reflecting deep concerns among investors about the broader economic implications. The tariffs were likely seen as a significant threat to global trade flows, with the potential to slow economic growth, drive up consumer prices, and spark retaliatory measures. |
| |
| Wedbush analyst Dan Ives captured the prevailing market anxiety, stating, ""We would characterize this slate of tariffs as 'worse than the worst case scenario' the Street was fearing."" His comment highlighted how the scope and severity of the tariffs far exceeded Wall Street's expectations, adding a new layer of uncertainty for businesses and investors. |
| |
| DoorDash is up 65.1% since the beginning of the year, and at $281.74 per share, has set a new 52-week high. Investors who bought $1,000 worth of DoorDash’s shares at the IPO in December 2020 would now be looking at an investment worth $1,487. |
| |
| Here at StockStory, we certainly understand the potential of thematic investing. Diverse winners from Microsoft (MSFT) to Alphabet (GOOG), Coca-Cola (KO) to Monster Beverage (MNST) could all have been identified as promising growth stories with a megatrend driving the growth. So, in that spirit, we’ve identified a relatively under-the-radar profitable growth stock benefiting from the rise of AI, available to you FREE via this link."
|
|
|
