DASH

DoorDash

Fundamental data last updated:April 13, 2026

company profile

SECTOR

Consumer Cyclical

industry

Internet Retail

Exchange

Nasdaq

County of HQ

United States

Next Earnings Date

05/06/26

Business Summary

DoorDash operates a marketplace platform connecting consumers, merchants, and delivery drivers, monetizing transactions through commissions, service fees, and logistics markups. The company generates cash by aggregating local demand at scale and using its logistics network to increase order density, which improves cost efficiency per delivery. Its moat comes from network effects: more merchants attract more consumers, which attracts more drivers, reinforcing geographic dominance and reducing unit delivery costs. Over time, operational leverage emerges as fixed platform and technology costs are spread over higher order volumes, allowing margin expansion in a scale-driven model.

VALUATION

P/E

71.4

Market Cap ($M USD)

$66,284

Forward P/E

34.6

PEG

-

PRICE TO SALES

4.9

PRICE TO BOOK

6.6

EV / EBITDA

43.5

5-Year Average P/E

DIVIDEND

Yield

-

Annual Payout

-

Payout Ratio

-

Consecutive Years of Dividend Growth

0

5-Year Dividend Growth Rate

-

Financial Health & Profitability

Earnings Per Share

$2.19

Next Year EPS Growth Estimate

$4.42

Next Year Revenue Growth Estimate

19.70%

Return on Equity (ROE)

9.30%

Operating Margin

5.30%

Debt-to-Equity

0.3

Piotroski F-Score

5

Altman Z-Score

4.8

Return on Invested Capital (ROIC)

6.70%%

Current Ratio

1.4

Quick Ratio

Gainseekers Quantitative Analysis

Summary

At 71.4x earnings with a Forward P/E of 34.6, the market is clearly pricing DASH as a growth recovery story rather than a mature cyclical retailer. The compression from trailing to forward multiple implies earnings acceleration, yet the absence of a PEG Forward metric makes it difficult to justify that premium purely on growth-adjusted terms. Financially, the Altman Z-Score of 4.8 signals low bankruptcy risk and solid balance sheet stability, reinforcing that this is not a distressed name despite its elevated multiple. This is not deep value — it is a quality growth platform priced for execution, and any misstep will be punished given the valuation premium.

AI Exposure / Tech Reliance

As an Internet Retail platform in the Consumer Cyclical sector, DASH operates in a logistics-heavy, data-driven ecosystem where AI can optimize routing, pricing, and demand forecasting. Technology leverage directly impacts its 9.30% operating margin, meaning incremental automation and algorithmic efficiency could expand profitability. The company’s ability to integrate AI into dispatch, delivery density optimization, and customer personalization is central to sustaining margin expansion and defending market share.

The Bull Case

A GARP investor could justify ownership based on improving profitability metrics and balance sheet strength. Return on Equity at 19.70% is robust, particularly when paired with a positive ROIC of 6.70%, indicating capital is being deployed profitably rather than destructively. The Piotroski F-Score of 5 suggests operational stability rather than distress, while a 9.30% operating margin in a historically thin-margin delivery industry signals structural improvement. The Altman Z-Score of 4.8 removes solvency fear from the equation, meaning investors are paying for growth execution, not survival. With a Forward P/E of 34.6, if earnings scale as expected, multiple compression risk is mitigated by fundamental expansion rather than speculative momentum.

The Bear Case

The red flags are obvious and material. A 71.4 P/E in a Consumer Cyclical name leaves no margin of safety, particularly with no PEG Forward metric to justify valuation relative to growth. Debt to Equity of 5.30% is modest, but the bigger issue is efficiency — ROIC at 6.70% does not scream competitive dominance, and paying nearly 5x sales (Price/Sales 4.9) for a 9.30% operating margin business assumes continued margin expansion. The Piotroski F-Score of 5 is middle-of-the-pack, not elite, and without short interest data to gauge sentiment, investors are exposed to narrative-driven volatility. This is a stock priced for continued execution perfection.

Market Sentiment & Smart Money

Short Interest %

2.80%

Analyst Consensus

1.54

Average Analyst Price Target

$255.29

Institutional Ownership %

99.00%

1-Year Beta

1.36

Insider Buying % (6 Mo)

0.60%%

Distance to 52-Week High

53.40%%

Distance to 52-Week Low

106.50%%