DoorDash, Inc. (NASDAQ:DASH) On The Verge Of Breaking Even [Yahoo! Finance]
DoorDash, Inc. (DASH)
Company Research
Source: Yahoo! Finance
DoorDash, Inc., together with its subsidiaries, operates a commerce platform that connects merchants, consumers, and independent contractors in the United States and internationally. On 31 December 2023, the US$56b market-cap company posted a loss of US$558m for its most recent financial year. Many investors are wondering about the rate at which DoorDash will turn a profit, with the big question being “when will the company breakeven?” We've put together a brief outline of industry analyst expectations for the company, its year of breakeven and its implied growth rate. View our latest analysis for DoorDash According to the 35 industry analysts covering DoorDash, the consensus is that breakeven is near. They expect the company to post a final loss in 2023, before turning a profit of US$97m in 2024. The company is therefore projected to breakeven around 12 months from now or less. How fast will the company have to grow to reach the consensus forecasts that anticipate breakeven by 20
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DASH
News
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DASH
Earnings
- 2/15/24 - Miss
DASH
Sec Filings
- 4/26/24 - Form ARS
- 4/26/24 - Form DEFA14A
- 4/26/24 - Form DEF
- DASH's page on the SEC website