Added to YB: 2024-03-05
Pitch date: 2024-03-05
DASH [bullish]
DoorDash, Inc.
+71.27%
current return
Author Info
@TechFundies has been a tech investor for over 20 years and ran a $1b hedge fund for 10 years. Follow on Twitter.
Company Info
DoorDash, Inc., together with its subsidiaries, operates a commerce platform that connects merchants, consumers, and independent contractors in the United States and internationally.
Market Cap
$98.0B
Pitch Price
$133.09
Price Target
N/A
Dividend
N/A
EV/EBITDA
84.56
P/E
119.13
EV/Sales
7.62
Sector
Hotels, Restaurants and Leisure
Category
growth
DoorDash's Expansion Beyond Restaurants: Strategic Initiatives and Growth Prospects
DASH capitalizing on last-mile network, profitable restaurant & grocery deliveries. 31% growth last year, 18% projected this year w/ rising FCF margins. Trades at 21x CY25 FCF. High-frequency user cohorts broadening, 37M MAUs mirror country demographics. Wolt acquisition driving growth & efficiency. DashPass subs have higher margins/order.
Read full article (3 min)