Financial Performance - Revenue for Q4 2024 was $2.9 billion, reflecting a 25% Y/Y increase, driven primarily by growth in Marketplace GOV and advertising revenue[10] - Total revenue for the year ended December 31, 2024, reached $10,722 million, up from $8,635 million in 2023, representing a 24% year-over-year growth[40] - GAAP net income attributable to DoorDash, Inc. common stockholders was $141 million in Q4 2024, compared to a loss of $(154) million in Q4 2023[16] - Net income for 2022 was $(1,368) million, projected to improve to $(565) million in 2023 and reach $117 million in 2024[42] - Net income attributable to DoorDash, Inc. common stockholders for Q4 2024 is $141 million, a significant recovery from a net loss of $154 million in Q4 2023[48] User Engagement - Total Orders increased 19% year-over-year (Y/Y) to 685 million, and Marketplace Gross Order Value (GOV) increased 21% Y/Y to $21.3 billion[4] - Monthly Active Users (MAUs) reached over 42 million in December 2024, up from over 37 million in December 2023, indicating strong user engagement[7] Profitability Metrics - Adjusted EBITDA reached an all-time high of $566 million in Q4 2024, up from $363 million in Q4 2023, representing a 56% Y/Y increase[16] - Adjusted EBITDA for Q4 2024 is projected to be $566 million, up from $363 million in Q4 2023, indicating a growth of 56% year-over-year[48] - Gross profit margin improved from 44.6% in Q4 2023 to a projected 47.8% in Q4 2024[47] - Contribution profit for Q4 2023 is expected to be $689 million, rising to $968 million by Q4 2024[47] Cash Flow and Assets - The company generated operating cash flow of $518 million and Free Cash Flow of $420 million in Q4 2024[17] - Total current assets increased from $5,597 million in 2023 to $7,386 million in 2024, reflecting a 32% growth[39] - Cash and cash equivalents increased from $2,656 million in 2023 to $4,019 million in 2024, a growth of 51%[39] - Net cash provided by operating activities increased significantly from $367 million in 2022 to $1,673 million in 2023, with a further increase to $2,132 million projected for 2024[42] - Free Cash Flow for Q4 2024 is expected to reach $1,802 million, an increase from $1,349 million in Q4 2023, representing a growth of 33.5%[52] Future Projections - For Q1 2025, the company expects Marketplace GOV to be between $22.6 billion and $23.0 billion, with Adjusted EBITDA projected between $550 million and $600 million[20] - The company expects stock-based compensation expense for 2025 to be approximately $1.1 billion to $1.2 billion[25] - The company anticipates depreciation and amortization expense for 2025 to be approximately $580 million to $600 million[25] Operational Strategy - The company plans to continue focusing on operational efficiency and reinvesting in the business to expand long-term profit potential[8] - DoorDash is focusing on expanding its international business and platform innovation as part of its overall business strategy[24] - The company plans to continue its market expansion and product development strategies, focusing on enhancing user experience and operational efficiency[49] Stock and Shareholder Actions - The company repurchased a total of 2.1 million shares of its Class A common stock for $224 million in 2024, with a new authorization for up to $5.0 billion in February 2025[18] - Total stock-based compensation expense for 2024 is estimated at $1,099 million, slightly up from $1,088 million in 2023[50] Legal and Regulatory Matters - The company incurred $102 million in certain legal, tax, and regulatory settlements in Q2 2024, which is a significant increase from $50 million in Q4 2023[48]

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even though momentum is a popular stock char ...

DoorDash (DASH) is set to release its fourth-quarter 2024 results on Feb. 11.The Zacks Consensus Estimate for earnings is pegged at 34 cents per share, which remained unchanged in the past 30 days. DASH reported a loss of 39 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 $2.83 billion, suggesting a 22.97% increase year over year. The company’s earnings surpassed the Zacks Consen ...

Doordash, Inc. (NASDAQ: DASH ), is at this point a staple software company for many consumers in the US, Europe, Japan, and Australia. After being launched to the public markets in December 2020, the company saw its shares pummeled by more than 80% in 2022. Nevertheless, since 2023, the sharesI am a dedicated financial risk manager and investor specializing in financials, consumer, and technology industries. I have been involved in the investing world for over seven years, making deep analyses and managing ...

Key TakeawaysHome Depot products are now available for delivery via DoorDash and Uber Eats.The listed Home Depot products include “tools, building materials, gardening supplies, and more."This adds to Home Depot's existing delivery options, which also include Instacart and the company's own website. If you need supplies for a DIY project but can’t get to the store, Home Depot (HD) products can now be ordered for delivery through DoorDash (DASH) and Uber Eats (UBER), the companies said Wednesday. More than 2 ...

DoorDash has teamed with The Home Depot to offer on-demand delivery for home improvement items.The collaboration, announced Wednesday (Jan. 22), offers deliveries in as little as an hour and is open to both consumers and Home Depot’s pro customers.“Amidst a project and out of nails, screw heads or drill bits, on-demand delivery from DoorDash can save time and any added stress,” Mike Goldblatt, vice president of new verticals partnerships at DoorDash, said in a news release. “As we continue our mission to em ...

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.While many investors like to look for moment ...

One stock that might be an intriguing choice for investors right now is DoorDash, Inc. (DASH) . This is because this security in the Internet - Services space is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective. This is important because, often times, a rising tide will lift all boats in an industry, as there can be broad trends taking place in a segment that are boosting securities across the board. This is arguably taking place in the Interne ...

Core Insights - DoorDash's shares have surged 61% over the past six months, significantly outperforming the Zacks Internet - Services industry's return of 2.9% and the broader Zacks Computer & Technology sector's appreciation of 0.2% [1] - The company has outperformed major competitors like Amazon and Alphabet, which gained 13.4% and 2.5% respectively during the same period [1] Growth Drivers - The share price momentum of DoorDash is attributed to strong growth in total orders and Marketplace Gross Order Value (GOV), enhanced logistics efficiency, and increased advertising contribution [2] - DoorDash registered a year-over-year increase of 18% in order volume, reaching a total of 643 million orders in Q3 2024, while the marketplace GOV grew by 19% to $20 billion [5] Strategic Partnerships - DoorDash has partnered with Ibotta to offer personalized digital promotions and coupons across various categories, enhancing its marketplace beyond restaurant delivery [6] - The collaboration with Ibotta allows DoorDash's 115,000+ non-restaurant stores in North America to provide added savings and engage consumers through AI-driven optimization [7] - DoorDash's expanding partner base includes Walmart Canada, Wegmans Food Markets, Lyft, Warner Bros. Discovery's streaming service Max, and JPMorgan Chase, broadening its reach and service offerings [8] Market Expansion - Through collaboration with Walmart Canada, DoorDash provides access to grocery and general merchandise from over 300 Walmart Supercenters [9] - An expanded partnership with Wegmans Food Markets enables grocery delivery from all Maryland locations and soon from stores in Virginia, North Carolina, New Jersey, Delaware, and upstate New York [10] - DoorDash offers DashPass Annual Plan members a complimentary Max With Ads subscription, providing significant value [11] Financial Performance - The Zacks Consensus Estimate for DoorDash's earnings in 2025 is $1.94 per share, indicating a year-over-year increase of 646.24% [12] - The revenue estimate for 2025 is pegged at $12.72 billion, suggesting a 19.16% increase from the estimated figure of $10.68 billion for 2024 [13] Valuation Insights - DoorDash's stock is considered not cheap, with a Value Score of D indicating a stretched valuation, trading at a Price/Book ratio of 9.24 compared to the industry's 6.31 [14] - Despite the high valuation, DoorDash's strong portfolio and expanding partner base contribute to its growth prospects, justifying the premium valuation [16]

DoorDash Expansion - DoorDash's online marketplace facilitates merchant-customer interactions and order fulfillment through "dashers" [3] - The company's Zacks Internet-Services Industry ranks in the top 15% of nearly 250 Zacks industries [3] - DoorDash acquired Finnish food delivery company Wolt in 2021, expanding its presence to over 20 European markets and beyond the US to Australia, Canada, Japan, and New Zealand [4] - Total sales are expected to increase 23% in FY24 and another 19% in FY25 to $12.72 billion, representing a 340% increase from 2020 sales of $2.89 billion [5] Sea Limited Expansion - Sea Limited operates as a consumer internet company providing e-commerce, digital entertainment, and digital financial services across Southeast Asia and Taiwan [7] - The company's Zacks Internet-Software Industry ranks in the top 10% of all Zacks industries [8] - Revenue is projected to grow 28% in FY24 and another 17% in FY25 to $19.62 billion, reflecting an 800% increase from 2020 sales of $2.17 billion [8] Earnings Growth - DoorDash's annual earnings are expected to reach $0.26 per share in FY24, a significant improvement from the adjusted EPS loss of -$1.42 in 2023, with FY25 EPS projected to soar 646% to $1.94 [9] - Sea Limited's EPS is expected to grow 55% in FY24 and another 91% in FY25 to $4.03 per share, with FY25 EPS estimates up 93% over the last 60 days [10][12] - Both companies have seen upward revisions in their EPS estimates over the last quarter, with Sea Limited's FY25 EPS estimates increasing by 92.82% over the last 60 days [13] Growth Trajectory - DoorDash and Sea Limited are among the fastest-growing companies of the decade, with compelling growth trajectories that could sustain their stock rallies [13] - Both companies are positioned as viable long-term investments for 2025 and beyond [13]