DoorDash, Inc. is a publicly traded company with a market cap of around 23.9 billion dollars and shares outstanding of 388 million. Its current stock price is 61.81 and has experienced a 7.59% decrease in the last 24 hours. The company’s 52-week high was 130.2 and the low was 41.365, while the 50-day average price is 55.3156 and 200-day average is 60.79995.
DoorDash, Inc.’s revenue for the latest quarter ended on December 31, 2022 was 1$ billion, down from $1.6 billion in the same period of 2021, representing an annual decrease of 36%. Revenue for 2021 was $4 billion compared to $4 billion in 2020; however, quarterly revenue for Q1 2022 decreased by 11% compared to Q1 2021 as estimated earnings per share decreased by 33%.
In its most recent financial report on 16th February 2023 DoorDash reported total revenue of zero but estimated it to be around 1764 million dollars which is significantly lower than its preceding quarter’s 1$ billion but higher than its year before quarter’s 970 million dollars and 1207 million dollars estimated earlier that year . This indicates that the firm’s rate of growth has slowed in recent months but still remains positive overall as it exceeds prior estimates for this time frame .
Overall DoorDash appears to have positive financial standing despite some noticeable short term dips in their quarterly revenues . With an impressive market capitalization of close to 24$ bln and steady long term numbers above $4 bln for their yearly sales , there is reason to believe that DoorDash, Inc.’s financial situation will remain secure going into the future .
