DASH
Time to buy DASH?$159.06
+$2.36 (1.51%)
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Save your seatTrader's Perspective
DASH faded from roughly $209 in early March to the mid-$150s by late May after Q1 results beat on earnings but missed on revenue, with traders also weighing Deliveroo integration and a softer growth setup.
The stock has the potential to go down if it loses $155, and that could open a retest of the $143 to $145 zone near the 52 week low. Any weaker consumer spending read or signs Deliveroo integration pressures margins would accelerate the downside.
If DASH holds the $155 to $160 area and volume stays firm, a rebound toward $175 to $185 is on the table as traders refocus on order growth, record monthly active users, and buyback support. Resistance at $163 is the first hurdle.
Analyst Ratings
DoorDash Inc. Earnings
We don't currently have information about DoorDash Inc.'s earnings.