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NYSE: DASH

How to Buy Doordash Stock

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Doordash Inc

DoorDash, Inc. operates a logistics platform that connects merchants, consumers, and dashers in the United States and internationally.

Doordash stock last closed at $57.12, down 1.94% from the previous day, and has decreased 64.66% in one year. It has underperformed other stocks in the Internet Content & Information industry by 0.1 percentage points. Doordash stock is currently +38.09% from its 52-week low of $41.37, and -66.61% from its 52-week high of $171.08.

At the moment, there are 388.22M DASH shares outstanding. The market cap of DASH is $22.17B. In the past 24 hours, 4.22M DASH shares were traded.

How to Buy Doordash Stock

Not sure how to invest in Doordash stock? Here's how.
  1. Decide where to buy Doordash stock: You need to choose an online brokerage, but don't worry - we've sifted through dozens of stock brokerages and apps to help you decide where to buy Doordash stock.
  2. Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found. It's the best place to buy DASH stock.
  3. Fund your investment account: Pick your payment method and add your details.
  4. Analyze Doordash stock: The Doordash ticker symbol is DASH. Is Doordash stock a good investment? Should you buy shares of DASH? How do DASH's underlying business fundamentals look? Do top analysts think Doordash is a good buy? Why has DASH's stock price moved recently? (Hint: Our stock market research website can help you decide if DASH is a good stock to buy).
  5. Make your DASH trade: Decide if you will purchase DASH shares at the current market price or use a limit order to buy DASH shares at a specific price.
  6. Monitor your investment in DASH: Create a watchlist to track your position in Doordash shares.

Step 1: Decide where to buy Doordash stock

You will need an online brokerage account to access the NYSE market and buy DASH stock.

A brokerage account enables you to buy and sell a number of investments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Open your brokerage account

Now that you've chosen the best brokerage, you'll need to fill out some personal information so you are able to buy DASH today.

How to Start a New Investment Account on eToro

  1. Click here to get started.
  2. Provide your personal info to start a new brokerage account.
  1. Send your info by clicking the "Create Account" button.
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Step 3: Fund your investment account

Watch this video walkthrough if you need help transferring money into your investment account.

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Step 4: Analyze Doordash stock

It's absolutely critical to evaluate stocks prior to investing, so you actually understand the risk as well as the upside.

Overview of key DASH info

DASH Price
$57.12
1w %
2.97%
1y %
-64.66%
5y %
N/A
P/E
-23.6x
P/B
3.25x
P/S
3.62x
PEG
N/A
Revenue
$6.07B
Earnings
-$880.00M
Fore. Rev. Growth
16.13%
Fore. Earn. Growth
N/A
Market Cap
$22.17B
Next Earnings
N/A
Next Dividend
N/A

Fundamentals of DASH

WallStreetZen was built to help part-time investors do more in-depth fundamental analysis quickly.

You can view all of the due diligence checks on DASH's stock page.

Is DASH stock undervalued?

Investors use a variety of different financial metrics, analyses, models, and charts to gauge DASH's fair value.

Using relative valuations metrics:

  • DASH may be undervalued based on its P/B ratio of 3.25x, relative to Internet Content & Information industry P/B ratio of 3.91x

You can do additional valuation research on DASH's stock here.

How do DASH Financials look?

Signs that DASH is financially healthy:

  • DASH has a low debt to equity ratio of 0.4.
  • DASH's operating cash flow of $511.00M allows it to safely service it's debt of $505.00M.
  • There are more short-term assets than long-term liabilities on the DASH balance sheet.
  • There are more short-term assets than short-term liabilities on the DASH balance sheet.

Signs that DASH is not financially healthy:

  • DASH earnings of -$890.00M is not enough to cover its interest payments.
  • DASH profit margin has gone down from -13.7% to -14.5% in the past year.

Do Wall Street analysts think it's a good time to buy Doordash stock

Out of 17 Wall Street analysts who give ratings on DASH, the consensus analyst rating on DASH is a Buy

Should I buy or sell DASH stock?

Based on 17 analysts offering ratings for Doordash Inc.
Buy
Strong Buy
2 analysts 11.76%
Buy
6 analysts 35.29%
Hold
9 analysts 52.94%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

Most Recent DASH Analyst Upgrades/Downgrades

Jason Helfstein, a top 21% analyst from Oppenheimer upgrades DASH to a buy rating and announces their DASH price target of $70.00, on Nov 7, 2022.

Eric Sheridan, a top 6% analyst from Goldman Sachs maintains DASH with a hold rating and lowers their DASH price target from $84.00 to $69.00, on Nov 7, 2022.

James Lee, a top 15% analyst from Mizuho maintains DASH with a hold rating and lowers their DASH price target from $87.00 to $70.00, on Nov 4, 2022.

Tom White, a bottom 1% analyst from DA Davidson maintains DASH with a hold rating and lowers their DASH price target from $82.00 to $60.00, on Nov 4, 2022.

Brad Erickson, a top 9% analyst from RBC Capital maintains DASH with a buy rating and lowers their DASH price target from $100.00 to $70.00, on Nov 4, 2022.

You can dig deeper into what analysts are forecasting on the Doordash stock forecast page.

DASH Trading Indicators

SMA10
0.58
SMA20
0.59
SMA50
0.71
SMA100
0.63
SMA200
0.85
MACD
-0.04
MACD Signal
-0.05
MACD Histogram
0.01
RSI
45.37
Stochastic %K
35.62
Stochastic %D
34.83
StochRSI %K
85.51
StochRSI %D
85.88

DASH Performance Metrics

Last year, DASH revenue was $6.07B. In the past 2 year, DASH's revenue has gone up by 65.51% per year. This was faster than the Internet Content & Information industry average of 25.5%.

Learn more about DASH's earnings and revenue performance here.

Who is buying/selling DASH?

In the last 12 months, insiders at DASH have bought more shares than they have sold.

Prabir Adarkar, Chief Financial Officer of DASH, was the latest DASH insider to sell. They sold $124,707.80 worth of DASH shares on Nov 21, 2022.

Research more about who owns DASH shares here.

Can I rely on DASH as an income stream?

No, Doordash doesn't provide an income stream by paying out dividends.

DASH Social Trading Data

One of the reasons eToro is our favorite brokerage is because of its social trading community.

Click below to see what other investors have to say.

Step 5: Make your DASH trade

There are two main options:

  • Market order: A market order is an order to buy or sell a stock at the best possible price.
    Market orders are mostly fine for most investors.
  • Limit order: A limit order lets you buy or sell a security at a specific price (or better).
    If you want to be certain you're buying or selling at an exact price limit, place a limit order.

Hit the Open button and your broker will execute the order.

If you want more help with buying stocks on eToro, watch the how to video below:

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Step 6: Monitor your investment in DASH

Now that you own some shares in DASH, you'll want to stay up-to-date on your new investment.

Put DASH on a watchlist to monitor your DASH stock.

DASH Feed

How to Buy Stock in Doordash

To summarize, here are the 6 steps for buying Doordash stock:

  1. Decide where to buy Doordash stock
  2. Open your brokerage account
  3. Fund your investment account
  4. Analyze Doordash stock
  5. Make your DASH trade
  6. Monitor your investment in DASH

If you are looking for a brokerage, eToro is our recommended venue.

Get Started with eToro Today

If you would like to keep an eye on your investment in Doordash, click the button below.

NYSE: DASH
$57.12-1.13 (-1.94%)
Updated Dec 1, 2022
Open eToro Account
NYSE: DASH
$57.12-1.13 (-1.94%)
Updated Dec 1, 2022
Open eToro Account

FAQ

How much does it cost to buy one Doordash share?

As of Dec 1, 2022, it costs $57.12 to buy one share of Doordash stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.175 shares of DASH.

Get Started with eToro Today

Is now a good time to buy Doordash stock?

According to 17 Wall Street analysts who monitor Doordash, their consensus recommendation is to buy Doordash stock.

What is the best way to buy Doordash stock?

The best way to buy Doordash stock is within a brokerage account on eToro.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.