DoorDash: Undervalued Even After A Massive Rally

Jul. 12, 2023 3:56 PM ETDoorDash, Inc. (DASH) Stock23 Comments
Dair Sansyzbayev
8.38K Followers

Summary

  • DoorDash has demonstrated staggering revenue growth over the past five years mainly thanks to solid tailwinds related to the COVID-19 pandemic.
  • But the recent quarterly performance suggests that growth momentum is still very strong, and the management is committed to the profitability improvement.
  • Moreover, my valuation analysis suggests the stock is very attractively valued.

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Tibrina Hobson

Investment thesis

DoorDash (NASDAQ:DASH) stock was one of the hottest during the pandemic stock market frenzy, but now the share price is more than three times lower than the all-time high of late 2021. My valuation analysis suggests that

This article was written by

8.38K Followers
I am a highly experienced Chief Financial Officer (CFO) with a strong background in the oilfield and real estate industries. With over a decade of experience in finance, I have led numerous complex due diligence efforts and M&A transactions, both domestically and internationally.In recent years, I have developed a keen interest in equity research and analysis of public companies. This interest has led me to render equity research services for a Dubai-based family office with over $20 million in assets under management (AUM). My expertise in finance allows me to provide valuable insights and recommendations to clients seeking to make informed investment decisions.I pride myself on my ability to analyze financial statements, evaluate market trends, and identify key drivers of growth in different industries. I am passionate about staying up-to-date on the latest developments and trends in the equity research industry, and I am always seeking to enhance my skills and knowledge through continuing education and professional development.

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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