DoorDash (DASH) is expanding its footprint in the digital commerce space with the recent launch of products designed to help merchants grow and manage their businesses across their channels, both in-store and online. The new DoorDash Commerce Platform offers merchants tools such as branded mobile apps, AI-powered phone ordering systems and tableside order and pay solutions. The platform will empower them to enhance customer engagement and streamline operations. With features like Drive On-Demand delivery an ...

DoorDash, Inc DASH stock surged Wednesday after KeyBanc analyst Justin Patterson upgraded the stock from Sector Weight to Overweight with a $177 price target. Patterson noted DoorDash as a clear share gainer in a secular growth category with emerging revenue streams from advertising and new verticals like grocery. When Patterson initiated DoorDash before second-quarter earnings, he was constructive on DoorDash's fundamentals and long-term opportunity but cautious on near-term consumer spending data points, ...

Shares of online delivery service DoorDash Inc (NYSE:DASH) are 4.4% higher before the bell, following a bull note from BTIG. The Wall Street brokerage upgraded DASH from "neutral" to "buy" with a $155 price target after citing several key factors, including strong third-quarter growth despite consumer weakness. DoorDash stock is on track to open around $138.30, which is right below its closing record of $141.10. The equity got a boost after the Federal Reserve cut interest rates yesterday for the first time ...

Core Insights - The 2024 Third-Party Delivery Study by Intouch Insight emphasizes the significance of speed, accuracy, and overall customer experience in the food delivery market [2][3] - The report provides a comparative analysis of major third-party delivery providers, including Uber Eats, DoorDash, and Grubhub, focusing on their performance metrics [2][3] Performance Analysis - DoorDash is identified as the top performer in overall satisfaction, delivery speed, and accuracy, while Uber Eats excels in maintaining food temperature during delivery [3] - Grubhub is noted for consistently delivering faster than both estimated and promoted times [3] Comparison Between Segments - Orders from restaurants outperform those from convenience stores across evaluated metrics, with independent restaurant brands leading over chain restaurants [3] Customer Satisfaction Factors - The study highlights that drivers' order batching significantly impacts delivery metrics, with direct deliveries being 13 minutes and 34 seconds faster [3] - Orders without additional stops not only arrive faster but also maintain better food temperatures, leading to higher customer satisfaction ratings [3] Additional Insights - The report underscores the importance of app usability, variations across food categories, and the influence of service and delivery fees on customer satisfaction [4] - The findings aim to guide restaurant and convenience store brands in enhancing their performance in the competitive third-party food delivery landscape [5]

This food delivery giant is expanding into other segments, which could be even more lucrative than its core business. DoorDash (DASH -0.76%) is the dominant food delivery company in America with a 67% market share. It expanded into other segments like grocery and retail over the past few years, which could lay the groundwork for significant growth over the long term. DoorDash stock is up 31% in 2024 so far, so it's comfortably beating the S&P 500, which is up 18%. Here are two reasons why I think it's about ...

DoorDash (NASDAQ: DASH ) announced yet another grocery partnership last Thursday , this time with the largest US-based Asian supermarket chain, H Mart. I'm maintaining my buy as the new partnership further confirms my expectation of green shoots I'm a retired Wall Street PM specializing in TMT; my educational background is a bachelor's in Finance and Economics, and an MBA from Columbia, after which I directly began my career on Wall Street. Since kickstarting my career, I've spent over two decades in the ma ...

DoorDash (DASH) shares have rallied 26.4% year to date compared with the Zacks Computer & Technology sector's rise of 20.7%. DASH's robust stock price performance has been driven by its better-than-expected financial results and impressive growth profile. DoorDash reported second-quarter 2024 revenues of $2.63 billion, which increased 23.3% year over year. The upside was driven by strong performance in total orders and Marketplace Gross Order Value ("GOV"), alongside enhanced logistics efficiency and an inc ...

DoorDash Inc. NASDAQ: DASH is the largest food delivery platform in the United States, with over 550,000 restaurants and grocery stores in its network. Like Uber Technologies Inc. NYSE: UBER, DoorDash plays the role of the middleman connecting local restaurants with customers and Dashers (delivery drivers) to deliver the food. DoorDash has also expanded its deliveries to include groceries, clothing, make-up, mattresses, and more than two million products. DoorDash Today | --- | --- | |---------------------- ...

DoorDash's DashPass membership program now includes offers from Warner Bros. Discovery's Max streaming service. A DashPass Annual Plan membership in the United States now includes Max With Ads at no additional cost and an offer to upgrade to a Max Ad-Free subscription for a discounted rate of $10.99 per month, the companies said in a Tuesday (Aug. 13) press release. "Since launching DashPass six years ago, our goal has always been to deliver increasing value and savings to members," Prabir Adarkar, presiden ...

John M Lund Photography Inc/DigitalVision via Getty Images DoorDash, Inc. (NASDAQ:DASH) announced 2Q24 earnings last Thursday after the bell, confirming my positive outlook on the stock from my initiation article, "Hitting Bottom And Bound To Dash Higher." I think Dash is now better positioned to beat its Marketplace GOV guidance of $19.4 billion - $19.8 billion for next quarter, as I see momentum backed by expansion to international markets and its grocery offering. My positive sentiment back in May was ba ...