Doordash Intrinsic Stock Value – DOORDASH Reports Q2 Earnings Results for FY2023

August 8, 2023

🌥️Earnings Overview

On August 2, 2023, DOORDASH ($NYSE:DASH) released its financial earnings for the second quarter of Fiscal Year 2023, ending June 30, 2023. Total revenue amounted to USD 2133.0 million, representing an impressive 32.6% increase from the same quarter in the prior year. However, net income decreased from -263.0 million to -170.0 million, when compared to the same period the year prior.

Market Price

On Wednesday, DOORDASH reported Q2 earnings results for FY2023, with its stock opening at $84.4 and closing at $86.0. This marked a slight decline of 0.7% from the previous closing price of 86.6. Despite this slight drop, the company’s overall performance in the second quarter of the current fiscal year was strong, with DOORDASH continuing to expand its market presence and customer base. The strong performance in Q2 can be attributed to the company’s focus on customer experience, with DOORDASH investing heavily in product innovation and marketing.

The company also leveraged its delivery network to provide customers with convenient and fast service. Overall, DOORDASH saw robust growth in its Q2 earnings, showing that the company is well-positioned to continue its growth trajectory in the coming quarters. Live Quote…

About the Company

  • DOORDASH_Reports_Q2_Earnings_Results_for_FY2023″>Industry Classification
  • Key Executives
  • Ownership (Institutional/ Fund Holdings)
  • News Feed
  • Income Snapshot

    Below shows the total revenue, net income and net margin for Doordash. More…

    Total Revenues Net Income Net Margin
    7.69k -1.27k -15.3%
  • Income Statement Reports (Yearly/ Quarterly/ LTM)
  • Income Supplement
  • Growth Performance
  • Cash Flow Snapshot

    Below shows the cash from operations, investing and financing for Doordash. More…

    Operations Investing Financing
    1.01k -525 -1.08k
  • Cash Flow Statement (Yearly/ Quarterly/ LTM)
  • Cash Flow Supplement
  • Balance Sheet Snapshot

    Below shows the total assets, liabilities and book value per share for Doordash. More…

    Total Assets Total Liabilities Book Value Per Share
    9.6k 3.19k 16.29
  • Balance Sheet (Yearly/ Quarterly)
  • Balance Sheet Supplement
  • Key Ratios Snapshot

    Some of the financial key ratios for Doordash are shown below. More…

    3Y Rev Growth 3Y Operating Profit Growth Operating Margin
    95.2% -17.4%
    FCF Margin ROE ROA
    8.5% -12.9% -8.7%
  • Income Statement Ratios
  • Balance Sheet Ratios
  • Cash Flow Ratios
  • Valuation Ratios
  • Other Ratios
  • Other Supplementary Items
  • Analysis – Doordash Intrinsic Stock Value

    At GoodWhale, we have conducted an analysis of DOORDASH‘s financials. Using our proprietary Valuation Line, we have calculated the intrinsic value of DOORDASH’s share to be around $157.2. Currently, the stock is trading at only $86.0, which is 45.3% below its true worth. This indicates that DOORDASH is undervalued in the market and presents a potentially profitable investment opportunity. More…

  • Risk Rating Analysis
  • Star Chart Analysis
  • Valuation Analysis

  • Peers

    There is intense competition between DoorDash Inc and its competitors BCW Group Holding Inc, Coconala Inc, and Pinterest Inc. All three companies are fighting for market share in the online food delivery industry. DoorDash Inc has a strong market position, but its competitors are quickly catching up. All three companies are investing heavily in marketing and technology to gain an edge over the others.

    – BCW Group Holding Inc ($TSE:4176)

    Coconala Inc is a Japanese e-commerce company with a market cap of 13.79B as of 2022. The company has a Return on Equity of -22.87%. Coconala Inc is an online marketplace that connects buyers and sellers of services. The company offers a variety of services, including web development, design, marketing, and more.

    – Coconala Inc ($NYSE:PINS)

    Pinterest is a social media and content-sharing platform, typically used for visual content such as photographs, illustrations, and videos. The company was founded in 2010 and is headquartered in San Francisco, California. As of 2022, Pinterest has a market cap of $14.8 billion and a return on equity of 4.93%. The company allows users to create and share collections of visual content, called “boards,” which can be organized by theme, topic, or event. Users can also follow other users’ boards, as well as individual pins, which are images or videos that have been uploaded to the platform.


    Doordash reported its second quarter FY2023 earnings results on August 2, 2023 with total revenue of USD 2133.0 million, a 32.6% increase compared to the same quarter last year. Net income was reported as USD -170.0 million, a decrease from the -263.0 million in the same period last year. Investment analysis of Doordash suggests that despite the increasing revenue, investors should be aware of the net losses which could have a negative impact on the stock price. Investors should watch for any potential changes in the company’s strategy that could lead to improved profitability.

    Additionally, any news regarding possible partnerships or acquisitions could be a potential opportunity for investors.

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