Market Dominance | Explore DoorDash's commanding 60% share of the U.S. food delivery market, facilitating nearly $50 billion in sales and handling 2.2 billion orders in 2023 |
Beyond Restaurants | Delve into DoorDash's expansion into grocery and convenience delivery, now accounting for 15% of total Gross Order Value with triple-digit growth |
Global Ambitions | Learn about DoorDash's international growth strategy, including the Wolt acquisition, tapping into a $1.5 trillion total addressable market |
Financial Trajectory | Analysts project mid-teens CAGR for Gross Order Value, with price targets ranging from $120 to $177 and expectations of positive GAAP Operating Income soon |
DoorDash, Inc., together with its subsidiaries, operates a commerce platform that connects merchants, consumers, and independent contractors in the United States and internationally. The company operates DoorDash Marketplace and Wolt Marketplace, which provide various services, such as customer acquisition, demand generation, order fulfillment, merchandising, payment processing, and customer support. It also offers membership products, including DashPass and Wolt+; DoorDash Drive and Wolt Drive, which are white-label delivery fulfillment services that enable merchants that have generated consumer demand through their channels to fulfill demand using its platform; DoorDash Storefront that enables merchants to offer consumers on-demand access to e-commerce; and Bbot, which offers merchants digital ordering and payment solutions for in-store and online channels. In addition, the company enables merchants to advertise and promote on its platform to acquire consumers. The company was formerly known as Palo Alto Delivery Inc. and changed its name to DoorDash, Inc. in 2015. DoorDash, Inc. was founded in 2013 and is headquartered in San Francisco, California.
Metrics to compare | DASH | Sector Sector - Average of metrics from a broad group of related Technology sector companies | Relationship RelationshipDASHPeersSector | |
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P/E Ratio | −150.5x | −3.0x | 10.6x | |
PEG Ratio | −2.18 | 0.03 | 0.02 | |
Price/Book | 8.6x | 7.1x | 1.4x | |
Price / LTM Sales | 6.4x | 2.1x | 0.9x | |
Upside (Analyst Target) | −2.6% | −1.4% | 21.5% | |
Fair Value Upside | Unlock | 10.1% | 8.4% | Unlock |