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DASH record users and orders

Long
NYSE:DASH   None
DASH bounced from the fair value of its IPO. DoorDash priced its IPO at $102 a share, after an already increased price of $90/share. But the IPO's bankers sold the offering at $182 a share. This year the fair values was reached, 91 usd per share.

Q4 sales rose 34% from last year to $1.3 billion, active customer base of around 25 million, 2.5 times higher than prior to the pandemic.
Paid members more than 10 million, more than double the level prior to its December 2020 IPO.

For this reason i believe the $133 price target is fair valued right now.

$162 is the one year price target from JPMorgan Chase & Co.


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