WallStreetZenWallStreetZen

How to Buy Youdao Stock

Youdao Inc

Youdao, Inc. engages in the provision of learning content, applications, and solutions. The firm operates two business segments.

Youdao stock last closed at $3.59, up 0% from the previous day, and has decreased 34.49% in one year. It has underperformed other stocks in the Education & Training Services industry by 0.52 percentage points. Youdao stock is currently +22.11% from its 52-week low of $2.94, and -46.5% from its 52-week high of $6.71.

There are currently 120.92M DAO shares outstanding. The market capitalization of DAO is $434.10M. In the past 24 hours, 84,733 DAO shares were traded.

How to Buy Youdao Stock

Wondering how to invest in Youdao stock? Here's how.
  1. Figure out where to buy Youdao stock: You need to decide on an online brokerage, but don't worry - we've analyzed dozens of online brokerages and apps to help you figure out where to buy Youdao stock.
  2. Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
  3. Deposit funds into your investment account: Select your method of payment and add your details.
  4. Evaluate Youdao stock: The Youdao ticker symbol is DAO. Is Youdao stock a good investment? Should you buy shares of DAO? How do DAO's underlying business fundamentals look? Do top analysts think Youdao is a good buy? Why has DAO's stock price moved recently? (Hint: Our stock market research website can help you figure out if DAO is a good stock to buy).
  5. Place your DAO trade: Decide if you will purchase DAO shares at the current market price or use a limit order to buy DAO shares at a particular price.
  6. Keep tabs on your DAO investment: Create a watchlist to keep track of your new investment in Youdao stock.

Step 1: Figure out where to buy Youdao stock

You need an online brokerage account to access the NYSE market and buy DAO shares.

A brokerage account is an investment account that allows you to buy and sell a number of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

Our favorite brokerage: eToro

Based on our research, eToro is the best place to buy stocks. eToro gives you:

  • You can invest in stocks with 0% commissions: Invest without paying trading commissions.
  • Buy fractional shares: Even if you can't afford a full share, you can still buy the stock.
  • Access to global markets: From Technology to Financial Services, New York to Tokyo — you can fill your portfolio with stocks from the globe's leading stock exchanges.
  • Social investing: eToro offers a community of more than 20 million users worldwide. Talk to, learn from, and copy the crypto trades of top investors.
  • Security: eToro is a regulated and licensed brokerage platform.
  • Buy other assets: Such as ETFs and cryptos.

Get $10 towards your share purchase by signing up for an account with eToro now.

Open eToro Account
eToro securities trading is offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. https://www.wallstreetzen.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD.

Step 2: Create your brokerage account

Now that you've picked the right brokerage, it's time to fill out some personal details so you can invest in DAO stock today.

How to Start a New Brokerage Account on eToro

  1. Click here to get started.
    eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
  2. Provide your personal details to create a new brokerage account.
  1. Submit your info by pressing the "Create Account" button.
  2. Get started with eToro today
    eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 3: Deposit funds into your investment account

Now that you've opened your account on the best stock app, you can securely and quickly fund your account:

Check out this video walkthrough to see the process of transferring money into your new investment account.

Get started with eToro today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 4: Evaluate Youdao stock

After you have decided on the best place to buy Youdao stock, it's important to evaluate their stock prior to investing, so you actually understand the risk as well as the upside.

Overview of key DAO info

DAO Price
$3.59
1w %
0.56%
1y %
-34.49%
5y %
N/A
P/E
-5.73x
P/B
-1.44x
P/S
0.58x
PEG
N/A
Revenue
$745.40M
Earnings
-$76.06M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$434.10M
Next Earnings
May 23, 2024
Next Dividend
N/A

DAO Overview

WallStreetZen was designed to help everyday investors do better fundamental analysis.

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

Is DAO stock overvalued?

You can use many financial metrics, analyses, models, and charts to gauge DAO's true value.

You can do more valuation research on DAO's stock here.

A quick look at DAO Financials

Passed Health Checks:

  • There are more short-term assets than long-term liabilities on the DAO balance sheet.
  • DAO profit margin has gone up from -14.5% to -10.2% in the past year.
  • DAO has cash burn of 62882434. It has enough cash and short-term investments to cover this for at least one year.

Failed Health Checks:

  • DAO has $72.90M in cash and short term investments. This is not sufficient to cover its annual cash burn of $62.88M.
  • There are more short-term liabilities than short-term assets on the DAO balance sheet.
  • DAO debt to equity ratio of -1.74 is negative.
  • Total DAO debt is still negative.

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

Metrics for Advanced DAO Traders

SMA10
3.69
SMA20
3.87
SMA50
4.04
SMA100
3.89
SMA200
4.02
MACD
-0.13
MACD Signal
-0.09
MACD Histogram
-0.04
RSI
37.24
Stochastic %K
13.13
Stochastic %D
11.88
StochRSI %K
12.94
StochRSI %D
10.06

How are DAO Revenues/Earnings doing?

Last year, DAO revenue was $745.40M. During the past 5 year, DAO's revenue has gone up by 48.33% per year. This was faster than the Education & Training Services industry average of 10.04%.

You can research DAO's earnings and revenue performance here.

Latest Insiders Trades at DAO

Over the past 12 months, insiders at DAO have not bought or sold any shares.

Dig into more about who owns DAO stock here.

Does DAO stock generate passive income?

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

Get opinions from other investors

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

Click below to learn what other investors have to say.

Step 5: Place your DAO trade

There are two main order types:

  • Market order: A market order is an order to buy or sell a security at the best price on the market.
    Market orders are generally fine.
  • Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
    If you want to make sure you're buying or selling at a specific price limit, use a limit order.

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

If you need more assistance buying stocks on eToro, click the how to video below:

Open eToro Account

Step 6: Keep tabs on your DAO investment

Now that you own some shares in DAO, you'll want to keep up with your new stock purchase.

Put DAO on a watchlist to get notified of the latest news about your DAO stock.

DAO Feed

How to Buy Stock in Youdao

To summarize, here are the 6 steps to buy Youdao stock:

  1. Figure out where to buy Youdao stock
  2. Create your brokerage account
  3. Deposit funds into your investment account
  4. Evaluate Youdao stock
  5. Place your DAO trade
  6. Keep tabs on your DAO investment

If you require a online brokerage, eToro is our favorite venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to get updates on your new investment in Youdao, get started below.

NYSE: DAO
$3.59+0.00 (+0%)
Updated Apr 25, 2024
Open eToro Account
NYSE: DAO
$3.59+0.00 (+0%)
Updated Apr 25, 2024
Open eToro Account

FAQ

How much does it cost to buy one Youdao share?

As of Apr 25, 2024, it costs $3.59 to buy one share of Youdao stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $1, you can buy 0.279 shares of DAO.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

What is the best way to buy Youdao stock?

One way to place an order for Youdao stock is with a brokerage account.
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.