DoorDash Inc. (DASH) PT Lowered to $172 at Evercore ISI
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Go back to DoorDash Inc. (DASH) PT Lowered to $172 at Evercore ISI
February 17, 2022 8:55 AM EST
Shares of DoorDash (NYSE: DASH) surged more than 25% in premarket trading Thursday after the company reported better-than-expected Q4 2021 revenue.
The food ordering and delivery company reported revenue of $1.3 billion in the quarter, up 34% YOY and compared to the consensus estimates of $1.29 billion. Loss per share came in at 45 cents, compared to the loss per share of $2.67 in the year-ago period.
Adjusted EBITDA totaled $47 million, down 50% YOY and slightly above the consensus estimates of $1.29 billion.
The number of orders in the quarters was 369 million, up 35% from the year-ago quarter and beating the estimated... More
February 17, 2022 7:08 AM EST
Susquehanna analyst Shyam Patil lowered the price target on DoorDash Inc. (NYSE: DASH) to $145.00 (from $260.00) while maintaining a Positive rating following results.
The analyst commented, "The momentum continues for DASH, and the 2022 guidance points to more of the same. DASH is investing very... More
