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Disclaimer: The blog posts and comments on this blog and posts on social networks are not investment recommendation, are provided solely for informational purposes, and do not constitute an offer or solicitation to buy or sell any securities. The opinions expressed on the blog are Petar Posledovich's. Petar Posledovich does not guarantee the accuracy of the information presented on this blog and social networks. The information presented is "as is". The blog is stocks analysis and valuation, Bitcoin, Cryptocurrencies, Artificial Intelligence, AI, deep-learning focused. Independent, unbiased AI insights. Petar Vladimirov Posledovich is not liable for any investment losses incurred by reading and interpreting blog posts on this blog and posts on social networks. Conflicts of interest: I may possess some of the securities, currencies or their derivatives mentioned in the blog post and posts on social networks! The blog is property of Wolfteam Ltd. www.wolfteamedge.com Respectfully yours, Petar Posledovich

Tuesday, April 4, 2023

DoorDash Valuation 4th April 2023

 


DoorDash Inc. is currently valued at 25 billion USD on the New York Stock Exchange, NYSE.

I think DoorDash's intrinsic worth is 44 billion USD.

Having different products delivered directly to where people live is convenient. Not all goods will move into this category, it must be said.

DoorDash's revenue for the fourth quarter of 2022 grew by more than 35 %, which shows that the coronavirus COVID-19 pandemic was not the main driver behind DoorDash's success. DoorDash is unprofitable, but if revenue continues growing so quickly and DoorDash manages to control costs better, in 3 years DoorDash should be able to start earning money.

All in all, DoorDash is undervalued, in my opinion. But not by much.

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