DoorDash Joins Forces with Wolt
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November 10, 2021 7:00 AM EST
Shares of DoorDash (NYSE: DASH) are up about 17% in pre-open Wednesday after the delivery company announced its Q3 results and a deal to acquire a Finnish delivery platform for around $8.1 billion.
DASH reported Q3 EPS of ($0.30), lower than the analyst estimate of ($0.28). Revenue for the quarter came in at $1.28 billion to beat the consensus estimate of $1.17 billion. Adjusted EBITDA came in at $86 million in Q3.
DoorDash is calling for adjusted EBITDA between $0 million and $100 million in the fourth quarter.
DoorDash stock received a major boost on the... More
November 10, 2021 6:16 AM EST
Needham & Company analyst Bernie McTernan raised the price target on DoorDash Inc. (NYSE: DASH) to $270.00 (from $240.00) while maintaining a Buy rating following its deal for Wolt.
The analyst commented, "Following better than expected 3Q21 results and the announcement of the purchase of... More
November 9, 2021 5:27 PM EST
DoorDash (NYSE: DASH) shares surge 15.5% on Wolt deal.
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