DoorDash (DASH) is set to release its third-quarter 2024 results on Oct. 30. For the third quarter the Zacks Consensus Estimate for earnings is pegged at 21 cents per share, increased by a penny in the past 30 days. DASH reported a loss of 19 cents per share in the year-ago quarter. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar. The Zacks Consensus Estimate for revenues is currently pegged at $2.66 billion, suggesting a 23.06% increase year over year. The company's earnings surpas ...

Some investors are weary of buying into stocks when the S&P 500 index is trading near its all-time high and has also made new highs recently, but that doesn't mean all stocks are overpriced or not worth considering. Today's list of stocks will offer investors a chance to align their portfolios with the current scenarios playing out in the economy, or at least the expectations for the coming quarters. These stocks will benefit from the potential of rising inflation in the United States economy. Most thought ...

Wall Street expects a year-over-year increase in earnings on higher revenues when DoorDash, Inc. (DASH) reports results for the quarter ended September 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on Octobe ...

DoorDash (DASH) is benefiting from an expanding partner base that includes the likes of Wegmans Food Markets, Warner Bros. Discovery's (WBD) streaming service Max, JPMorgan Chase & Co.'s (JPM) U.S. consumer and commercial banking division Chase and Academy Sports and Outdoors (ASO) . DASH recently announced an expanded partnership with Wegmans Food Markets, enhancing its grocery delivery offerings across Maryland and soon in several states, including Virginia, North Carolina, New Jersey, Delaware and upstat ...

DoorDash's (DASH) shares have surged 43.7% in the year-to-date period compared with the Zacks Internet - Services industry's growth of 18% and the broader Zacks Computer & Technology sector's appreciation of 23.4%. The outperformance can be attributed to strong performance in total orders and Marketplace Gross Order Value (GOV), alongside enhanced logistics efficiency and an increased contribution from advertising. DoorDash is also gaining momentum in new verticals, particularly in the grocery segment, whic ...

. . DoorDash and MenuSifu Announce Expanded Partnership, Boosting Local Restaurant Success September 26, 2024 3:50 PM EDT | Source: MenuSifu New York, New York--(Newsfile Corp. - September 26, 2024) - MenuSifu, a leading North American SaaS provider, is excited to announce the expansion of its partnership with DoorDash. Through this enhanced collaboration, the MenuSifu Central third-party delivery management platform now seamlessly integrates with DoorDash, providing restaurants with a more efficient soluti ...

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, ...

Core Viewpoint - DoorDash Inc's shares are experiencing a positive trend following an upgrade from BTIG, which has raised its rating from "neutral" to "buy" with a price target of $155, citing strong third-quarter growth despite overall consumer weakness [1]. Group 1: Stock Performance - DoorDash stock is expected to open around $138.30, just below its previous closing record of $141.10, and has seen a significant increase of 34.1% in 2024 [2]. - The stock received a boost after the Federal Reserve cut interest rates for the first time in four years, although it faced resistance around the $135 level [2]. Group 2: Analyst Sentiment - A majority of analysts remain bullish on DoorDash, with 14 out of 36 brokerages still recommending a "hold," indicating potential for further upgrades [3]. - The sentiment among short-term options traders is currently leaning towards puts, as indicated by the equity's Schaeffer's put/call open interest ratio of 0.93, which is higher than 89% of readings from the past year [3]. Group 3: Options Market - The current Schaeffer's Volatility Index (SVI) for DoorDash is at 32%, placing it in the low 9th percentile of its annual range, suggesting that options are attractively priced for speculation [4].

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]