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Stock impact report

DoorDash, Inc. (NASDAQ:DASH) About To Shift From Loss To Profit [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. The US$47b market-cap company posted a loss in its most recent financial year of US$558m and a latest trailing-twelve-month loss of US$420m shrinking the gap between loss and breakeven. The most pressing concern for investors is DoorDash's path to profitability – when will it breakeven? Below we will provide a high-level summary of the industry analysts' expectations for the company. View our latest analysis for DoorDash DoorDash is bordering on breakeven, according to the 36 American Hospitality analysts. They anticipate the company to incur a final loss in 2023, before generating positive profits of US$48m in 2024. Therefore, the company is expected to breakeven roughly 12 months from now or less. At what rate will the company have to grow in order to realise the consensus estimates forecasting brea Show less Read more
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