It is this reason that could see investor optimism for the DASH stock continues to rise going into the next quarter. Current price change has pushed the stock 71.32% YTD, which shows the potential for further growth is there. (DASH) stood at 4.33% of shares outstanding, with shares short rising to 16.28 million registered in May 30, 2023. The data shows that as of short interest in DoorDash Inc. Also important is the data on short interest which shows that short shares stood at 16.81 million on Jun 29, 2023, giving us a short ratio of 5.11. The 0.50% of DoorDash Inc.’s shares are in the hands of company insiders while institutional holders own 86.20% of the company’s shares. The company’s latest data on shares outstanding shows there are 390.40 million shares. DoorDash, Inc. President & COO notifies of intention to sell stock Feb 13. DoorDashEPS of -1.65, revenue of 1.82B beats by 60M Feb 16. (NYSE:DASH), historical trading data shows that trading volumes averaged 2.6 million over the past 10 days and 3.37 million over the past 3 months. (NYSE:DASH) announces an Equity Buyback for 750 million worth of its shares. Elsewhere, the overall performance for the S&P 500 and Dow Jones Industrial shows that the indexes are down -0.68% and 0.47% respectively in the last trading. Data shows DASH’s intraday price has changed -1.72% in last session and 13.43% over the past year. (DASH) and its peers suggest the former has performed considerably weaker. In the market, a comparison of DoorDash Inc. On the other hand, the stock is on average a 100% Buy as suggested by medium term indicators while long term indicators are putting the stock in 100% Buy category. Turning to the stock’s technical picture we see that short term indicators suggest on average that DASH is a 100% Buy. Revisions could be used as tool to get short term price movement insight, and for the company that in the past seven days was 1 upward and no downward review(s). Wall Street analysts have also projected the company’s year-on-year revenue for 2023 to grow to $8.26 billion, representing a 25.40% jump on that reported in the last financial year. The average forecast suggests up to a 28.10% growth in sales growth compared to quarterly growth in the same period last fiscal year. Per the data, EPS growth is expected to be 53.30% for 2023 and 42.40% for the next financial year.Īnalysts have a consensus estimate of $2.06 billion for the company’s revenue for the quarter, with a low and high estimate of $2.01 billion and $2.11 billion respectively. Analysts project the company’s earnings per share (EPS) to be -$0.41, which has seen fiscal year 2023 EPS growth forecast to increase to -$1.72 and about -$0.99 for fiscal year 2024. Here are five of the best ways to profit from the AI boom.ĭoorDash Inc.’s market cap currently stands at around $32.24 billion. And investors like you always want to get in on the hottest stocks of tomorrow. And it's about to change everything we know about everything.Īccording to Grand View Research, the global AI boom could grow from about $137 billion in 2022 to more than $1.81 trillion by 2030. The artificial intelligence (AI) revolution is already here.
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