DoorDash, Inc. traded at $164.66 this Monday February 23rd, decreasing $11.63 or 6.60 percent since the previous trading session. Looking back, over the last four weeks, DoorDash lost 21.37 percent. Over the last 12 months, its price fell by 15.93 percent. Looking ahead, we forecast DoorDash, Inc. to be priced at 170.83 by the end of this quarter and at 155.43 in one year, according to Trading Economics global macro models projections and analysts expectations.
DoorDash, Inc. is engaged in providing services that reduce friction in local commerce and help merchants connect with consumers in their communities. The Company's primary offerings include the DoorDash Marketplace and the Wolt Marketplace (together, the Marketplaces), and its Commerce Platform. Its Marketplaces operate in over 30 countries across the globe and provide an integrated suite of services that help merchants establish an online presence, connect with consumers in their communities, and solve mission-critical challenges, such as customer acquisition, demand generation, order fulfillment, merchandising, payment processing, and customer support. It also offers advertising as a value-added service through its Marketplaces to help merchants and consumer packaged goods companies increase consumer engagement. It also offers consumer membership programs, such as DashPass and Wolt+. Its white-label delivery fulfillment services include DoorDash Drive On-Demand and Wolt Drive.