DoorDash (DASH) Up 24.4% Since Last Earnings Report: Can It Continue?

Core Insights - DoorDash, Inc. (DASH) shares have increased by approximately 24.4% over the past month, outperforming the S&P 500 index [1] - Recent estimates for DoorDash have trended downward, indicating potential challenges ahead [2] Financial Performance - DoorDash has a Growth Score of A but scores an F in Momentum and Value, placing it in the bottom 20% for the value investment strategy [3] - The overall VGM Score for DoorDash is C, which is relevant for investors not focused on a single strategy [3] Market Outlook - The estimates for DoorDash have been broadly trending downward, with a net zero magnitude of revisions, leading to a Zacks Rank of 3 (Hold) [4] - The expectation is for an in-line return from DoorDash stock in the upcoming months [4] Industry Comparison - DoorDash is part of the Zacks Internet - Services industry, where Alphabet Inc. (GOOG) has gained 10.9% over the past month [5] - Alphabet reported revenues of $76.49 billion for the last quarter, reflecting a year-over-year increase of 13.2% [5] - Alphabet's expected earnings for the current quarter are $2.12 per share, showing a year-over-year change of 12.2% [6]