PerpEquities

Equity · Communication services

Is DoorDash (DASH) tradable as a perp? Not yet

DoorDash operates a logistics platform connecting merchants, consumers, and delivery personnel, offering services like delivery, subscription products (DashPass), and white-label fulfillment (Drive) globally.

Not yet listed on any perp exchange

No perpetual-futures venue lists DASH yet. We track it continuously; as soon as the first listing appears, this page becomes a full market page. Until then: fundamentals below and tradable alternatives.

Similar stocks already tradable as perps
CMCSASPOTBIDURDDTASTSKUAISHOU

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TradingView symbol NASDAQ:DASH

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Company data

Company fundamentals

Updated 1h ago
Market cap
$84.1B
Updated 1h ago
Revenue
$15.9B
Trailing 12 months
Revenue growth
+30%
Next fiscal year
Profit margin
+5.3%
P/E
99.5
Peer P/E 7.3
Free cash flow
$2.4B
Trailing 12 months
More metrics
Net income
$840M
Trailing 12 months
P/S
5.3
Peer P/E
7.3
Similar listed perps
Revenue estimate
$17.8B
Next fiscal year
Earnings
2026-11-04
Revenue est. $4.6B · Updated 1h ago
Dividend
-

Fundamental detail

Annual + quarterly
Latest revenue$13.7B
Net margin+6.8%
Free cash flow$2.2B
Net debt-$1.1B
2020$2.9B
2021$4.9B
2022$6.6B
2023$8.6B
2024$10.7B
2025$13.7B
PeriodRevenueGrowthNet incomeFCF
2020$2.9B+226%-$461M$93M
2021$4.9B+69%-$468M$455M
2022$6.6B+35%-$1.4B$21M
2023$8.6B+31%-$558M$1.3B
2024$10.7B+24%$123M$1.8B
2025$13.7B+28%$935M$2.2B
PeriodGross marginOperating marginNet marginROEROA
2020+52.6%-15.1%-16.0%-9.8%-7.3%
2021+52.2%-9.2%-9.6%-10.0%-6.9%
2022+45.5%-17.1%-20.7%-20.2%-13.9%
2023+46.9%-6.7%-6.5%-8.2%-5.1%
2024+48.3%-0.4%+1.1%+1.6%+1.0%
2025+50.9%+5.3%+6.8%+9.3%+4.8%
PeriodCashDebtNet debtCurrent ratio
2020$4.3B$617M-$3.7B3.94
2021$2.5B$399M-$2.1B2.59
2022$2B$511M-$1.5B1.86
2023$2.7B$522M-$2.1B1.64
2024$4B$536M-$3.5B1.66
2025$4.4B$3.3B-$1.1B1.41
PeriodMarket capEnterprise valueP/SP/E
2020$8.9B$5.2B3.1-19.3
2021$50.2B$48.1B10.3-107.2
2022$18.1B$16.7B2.8-13.3
2023$38.9B$36.7B4.5-69.6
2024$69B$65.6B6.4559.2
2025$96.7B$95.6B7.1103.4
Q3 2024$2.7B
Q4 2024$2.9B
Q1 2025$3B
Q2 2025$3.3B
Q3 2025$3.4B
Q4 2025$4B
Q1 2026$4B
Q2 2026$4.5B
PeriodRevenueGrowthNet incomeFCF
Q3 2024$2.7B+25%$162M$444M
Q4 2024$2.9B+25%$141M$420M
Q1 2025$3B+21%$193M$494M
Q2 2025$3.3B+25%$285M$355M
Q3 2025$3.4B+27%$244M$723M
Q4 2025$4B+38%$213M$254M
Q1 2026$4B+33%$183M$420M
Q2 2026$4.5B+36%$200M$1B
PeriodGross marginOperating marginNet marginROEROA
Q3 2024+49.2%+4.0%+6.0%+2.1%+1.3%
Q4 2024+49.4%+4.1%+4.9%+1.8%+1.1%
Q1 2025+50.5%+5.1%+6.4%+2.3%+1.4%
Q2 2025+50.8%+5.0%+8.7%+3.2%+1.7%
Q3 2025+51.0%+7.5%+7.1%+2.6%+1.4%
Q4 2025+51.1%+3.7%+5.4%+2.1%+1.1%
Q1 2026+50.6%+3.7%+4.5%+1.8%+0.9%
Q2 2026+52.7%+10.1%+4.5%+2.0%+1.0%
PeriodCashDebtNet debtCurrent ratio
Q3 2024$3.7B$532M-$3.1B1.65
Q4 2024$4B$536M-$3.5B1.66
Q1 2025$4.5B$527M-$4B1.72
Q2 2025$3.9B$3.3B-$660M2.07
Q3 2025$3.3B$3.3B-$22M2.04
Q4 2025$4.4B$3.3B-$1.1B1.41
Q1 2026$4.6B$3.3B-$1.3B1.43
Q2 2026$4.4B$3.3B-$1.1B1.37
PeriodMarket capEnterprise valueP/SP/E
Q3 2024$59B$55.8B21.891.5
Q4 2024$70B$66.5B24.4124.0
Q1 2025$77B$73.1B25.499.3
Q2 2025$104.8B$104.1B31.992.0
Q3 2025$116.7B$116.6B33.9119.3
Q4 2025$98B$96.9B24.8115.6
Q1 2026$65.4B$64.1B16.289.4
Q2 2026$80.2B$79B18.0100.3

Refreshed 1h ago

Charts: revenue, profit, cash flow & valuation
Revenue$4.5BQ2 2026
$1.1B$2.2B$3.3B$4.5BQ3 2023: $2.2BQ4 2023: $2.3BQ1 2024: $2.5BQ2 2024: $2.6BQ3 2024: $2.7BQ4 2024: $2.9BQ1 2025: $3BQ2 2025: $3.3BQ3 2025: $3.4BQ4 2025: $4BQ1 2026: $4BQ2 2026: $4.5BQ3 2023Q2 2026
Net income$200MQ2 2026
-$46.5M$64M$174.5M$285MQ3 2023: -$73MQ4 2023: -$154MQ1 2024: -$23MQ2 2024: -$157MQ3 2024: $162MQ4 2024: $141MQ1 2025: $193MQ2 2025: $285MQ3 2025: $244MQ4 2025: $213MQ1 2026: $183MQ2 2026: $200MQ3 2023Q2 2026
EBITDA$502MQ2 2026
$112.8M$242.5M$372.3M$502MQ3 2023: $59MQ4 2023: -$9MQ1 2024: $124MQ2 2024: -$17MQ3 2024: $293MQ4 2024: $317MQ1 2025: $308MQ2 2025: $430MQ3 2025: $417MQ4 2025: $489MQ1 2026: $461MQ2 2026: $502MQ3 2023Q2 2026
Free cash flow$1BQ2 2026
$250M$500M$750M$1BQ3 2023: $324MQ4 2023: $398MQ1 2024: $487MQ2 2024: $451MQ3 2024: $444MQ4 2024: $420MQ1 2025: $494MQ2 2025: $355MQ3 2025: $723MQ4 2025: $254MQ1 2026: $420MQ2 2026: $1BQ3 2023Q2 2026
EPS$0.46Q2 2026
-$0.13$0.13$0.39$0.65Q3 2023: -$0.19Q4 2023: -$0.39Q1 2024: -$0.06Q2 2024: -$0.38Q3 2024: $0.38Q4 2024: $0.33Q1 2025: $0.44Q2 2025: $0.65Q3 2025: $0.55Q4 2025: $0.48Q1 2026: $0.42Q2 2026: $0.46Q3 2023Q2 2026
Cash / Debt$4.4BQ2 2026
$1.1B$2.3B$3.4B$4.6BQ3 2023 · Cash: $2.3BQ3 2023 · Debt: $493MQ4 2023 · Cash: $2.7BQ4 2023 · Debt: $522MQ1 2024 · Cash: $3.1BQ1 2024 · Debt: $547MQ2 2024 · Cash: $3.4BQ2 2024 · Debt: $534MQ3 2024 · Cash: $3.7BQ3 2024 · Debt: $532MQ4 2024 · Cash: $4BQ4 2024 · Debt: $536MQ1 2025 · Cash: $4.5BQ1 2025 · Debt: $527MQ2 2025 · Cash: $3.9BQ2 2025 · Debt: $3.3BQ3 2025 · Cash: $3.3BQ3 2025 · Debt: $3.3BQ4 2025 · Cash: $4.4BQ4 2025 · Debt: $3.3BQ1 2026 · Cash: $4.6BQ1 2026 · Debt: $3.3BQ2 2026 · Cash: $4.4BQ2 2026 · Debt: $3.3BQ3 2023Q2 2026
CashDebt
Profitability+52.7%Q2 2026
+7.4%+22.5%+37.6%+52.7%Q3 2023 · Gross margin: +46.6%Q4 2023 · Gross margin: +46.6%Q1 2024 · Gross margin: +47.1%Q2 2024 · Gross margin: +47.3%Q3 2024 · Gross margin: +49.2%Q4 2024 · Gross margin: +49.4%Q1 2025 · Gross margin: +50.5%Q2 2025 · Gross margin: +50.8%Q3 2025 · Gross margin: +51.0%Q4 2025 · Gross margin: +51.1%Q1 2026 · Gross margin: +50.6%Q2 2026 · Gross margin: +52.7%Q3 2023 · Operating margin: -5.0%Q4 2023 · Operating margin: -3.9%Q1 2024 · Operating margin: -2.4%Q2 2024 · Operating margin: -7.6%Q3 2024 · Operating margin: +4.0%Q4 2024 · Operating margin: +4.1%Q1 2025 · Operating margin: +5.1%Q2 2025 · Operating margin: +5.0%Q3 2025 · Operating margin: +7.5%Q4 2025 · Operating margin: +3.7%Q1 2026 · Operating margin: +3.7%Q2 2026 · Operating margin: +10.1%Q3 2023 · Net margin: -3.4%Q4 2023 · Net margin: -6.7%Q1 2024 · Net margin: -0.9%Q2 2024 · Net margin: -6.0%Q3 2024 · Net margin: +6.0%Q4 2024 · Net margin: +4.9%Q1 2025 · Net margin: +6.4%Q2 2025 · Net margin: +8.7%Q3 2025 · Net margin: +7.1%Q4 2025 · Net margin: +5.4%Q1 2026 · Net margin: +4.5%Q2 2026 · Net margin: +4.5%Q3 2023Q2 2026
Gross marginOperating marginNet margin
Revenue growth+35.6%Q2 2026
+9.4%+18.8%+28.2%+37.7%Q3 2024: +25.0%Q4 2024: +24.8%Q1 2025: +20.7%Q2 2025: +24.9%Q3 2025: +27.3%Q4 2025: +37.7%Q1 2026: +33.1%Q2 2026: +35.6%Q3 2023Q2 2026
Shares outstanding439.3MQ2 2026
110.7M221.4M332.1M442.8MQ3 2023: 393.2MQ4 2023: 399.3MQ1 2024: 405.5MQ2 2024: 410.5MQ3 2024: 428MQ4 2024: 417.1MQ1 2025: 435.6MQ2 2025: 438.4MQ3 2025: 441.8MQ4 2025: 442.8MQ1 2026: 442.3MQ2 2026: 439.3MQ3 2023Q2 2026
Valuation100.3Q2 2026
-426.2-242.8-59.4124.0Q3 2023 · P/E: -104.6Q4 2023 · P/E: -63.4Q1 2024 · P/E: -609.6Q2 2024 · P/E: -71.4Q3 2024 · P/E: 91.5Q4 2024 · P/E: 124.0Q1 2025 · P/E: 99.3Q2 2025 · P/E: 92.0Q3 2025 · P/E: 119.3Q4 2025 · P/E: 115.6Q1 2026 · P/E: 89.4Q2 2026 · P/E: 100.3Q3 2023 · P/S: 14.4Q4 2023 · P/S: 17.1Q1 2024 · P/S: 22.3Q2 2024 · P/S: 16.9Q3 2024 · P/S: 21.8Q4 2024 · P/S: 24.4Q1 2025 · P/S: 25.4Q2 2025 · P/S: 31.9Q3 2025 · P/S: 33.9Q4 2025 · P/S: 24.8Q1 2026 · P/S: 16.2Q2 2026 · P/S: 18.0Q3 2023Q2 2026
P/EP/S
Revenue$13.7B2025
$3.4B$6.9B$10.3B$13.7B2018: $291M2019: $885M2020: $2.9B2021: $4.9B2022: $6.6B2023: $8.6B2024: $10.7B2025: $13.7B20182025
Net income$935M2025
-$790M-$215M$360M$935M2018: -$204M2019: -$667M2020: -$461M2021: -$468M2022: -$1.4B2023: -$558M2024: $123M2025: $935M20182025
EBITDA$1.7B2025
-$75M$513M$1.1B$1.7B2018: -$194M2019: -$634M2020: -$306M2021: -$293M2022: -$663M2023: -$68M2024: $717M2025: $1.7B20182025
Free cash flow$2.2B2025
$124.3M$807.5M$1.5B$2.2B2018: -$175M2019: -$559M2020: $93M2021: $455M2022: $21M2023: $1.3B2024: $1.8B2025: $2.2B20182025
EPS$2.132025
-$11-$6.65-$2.26$2.132018: -$4.672019: -$15.42020: -$7.392021: -$1.392022: -$3.682023: -$1.422024: $0.292025: $2.1320182025
Cash / Debt$4.4B2025
$1.1B$2.2B$3.3B$4.4B2018 · Cash: $215M2018 · Debt: $02019 · Cash: $257M2019 · Debt: $184M2020 · Cash: $4.3B2020 · Debt: $617M2021 · Cash: $2.5B2021 · Debt: $399M2022 · Cash: $2B2022 · Debt: $511M2023 · Cash: $2.7B2023 · Debt: $522M2024 · Cash: $4B2024 · Debt: $536M2025 · Cash: $4.4B2025 · Debt: $3.3B20182025
CashDebt
Profitability+50.9%2025
-43.4%-11.4%+20.6%+52.6%2018 · Gross margin: +21.6%2019 · Gross margin: +40.9%2020 · Gross margin: +52.6%2021 · Gross margin: +52.2%2022 · Gross margin: +45.5%2023 · Gross margin: +46.9%2024 · Gross margin: +48.3%2025 · Gross margin: +50.9%2018 · Operating margin: -72.2%2019 · Operating margin: -69.6%2020 · Operating margin: -15.1%2021 · Operating margin: -9.2%2022 · Operating margin: -17.1%2023 · Operating margin: -6.7%2024 · Operating margin: -0.4%2025 · Operating margin: +5.3%2018 · Net margin: -70.1%2019 · Net margin: -75.4%2020 · Net margin: -16.0%2021 · Net margin: -9.6%2022 · Net margin: -20.7%2023 · Net margin: -6.5%2024 · Net margin: +1.1%2025 · Net margin: +6.8%20182025
Gross marginOperating marginNet margin
Revenue growth+27.9%2025
+56.5%+113.1%+169.6%+226.1%2019: +204.1%2020: +226.1%2021: +69.4%2022: +34.7%2023: +31.2%2024: +24.2%2025: +27.9%20182025
Shares outstanding439.7M2025
109.9M219.8M329.8M439.7M2018: 44.3M2019: 43.3M2020: 62.4M2021: 336.8M2022: 371.4M2023: 392.9M2024: 430.2M2025: 439.7M20182025
Valuation103.42025
59.4226.0392.6559.22018 · P/E: -40.62019 · P/E: -12.32020 · P/E: -19.32021 · P/E: -107.22022 · P/E: -13.32023 · P/E: -69.62024 · P/E: 559.22025 · P/E: 103.42018 · P/S: 28.42019 · P/S: 9.22020 · P/S: 3.12021 · P/S: 10.32022 · P/S: 2.82023 · P/S: 4.52024 · P/S: 6.42025 · P/S: 7.120182025
P/EP/S

Research data

Analysts, filings and peer context

Estimates

6
DateEPS estimateRevenue estimateGrowthAnalysts
FY 20262.61$17.8B+30%28
FY 20274.69$21.5B+57%27
FY 20287.22$25.5B+86%23
FY 202911.82$30.8B+124%10
FY 203014.95$35.5B+159%10
Q1 20270.86$4.9B+23%9

Company events

6
2026-11-04EarningsActual - / Estimate 0.82-
2026-08-05EarningsActual 0.46 / Estimate 0.47Miss
2026-05-06EarningsActual 0.42 / Estimate 0.36Beat
2026-02-18EarningsActual 0.48 / Estimate 0.59Miss
2025-11-05EarningsActual 0.55 / Estimate 0.68Miss
2025-08-06EarningsActual 0.65 / Estimate 0.44Beat

Peer comparison

Similar listed perps
NameMarket capP/SP/EProfit marginVenues
CMCSA$80.7B0.67.4+9.0%4SPOT$104.7B5.027.2+18.4%5BIDU$30.6B1.6-43.3-3.8%2RDDT$29B10.433.0+31.3%17ASTS$23.8B206.5-27.1-536.7%19KUAISHOU$16.8B0.87.2+10.9%13ECHO$14.8B1.0-4.7-38.7%2PINS$11.8B2.653.1+5.5%1

Analyst track record

How the analysts covering DASH have done: ratings, price-target accuracy and the measured reaction after their calls.

12 months3 years
Ratings197565
Analysts4352
Buy / hold / sell156 / 41 / 0418 / 146 / 1
Upgrades / downgrades / initiations2 / 0 / 911 / 2 / 21
Price targets hit / missed4 / 181 (2%)186 / 328 (36%)
Avg. return after a rating (TipRanks)-25.5%+0.8%
Best / worst call+5.2% / -46.0%+281.5% / -46.0%

After buy calls on this stock: median 21-day move +2.4% vs S&P 500 +0.4% (n = 412)

Most accurate on this stock

Share of an analyst's price targets on this stock that the price reached within 12 months (our measurement over the last 3 years, at least 8 targets). It describes past calls, not the odds of the current one.

  1. John ColantuoniJefferies100% hit rate on this stock · 11 targets measuredBuytarget $270Dec 11, 2025
  2. Mark MahaneyEvercore ISI93% hit rate on this stock · 14 targets measuredBuytarget $300Aug 6, 2026
  3. Youssef SqualiTruist Financial92% hit rate on this stock · 13 targets measuredBuytarget $336Aug 6, 2026

Latest ratings

DateAnalystCallTarget
Sep 18, 2026Justin PostBank of America SecuritiesBuyMaintained–article ↗
Sep 18, 2026Justin PostBank of America SecuritiesBuyMaintained–
Sep 10, 2026Nikhil DevnaniBernsteinBuyMaintained$270article ↗
Sep 9, 2026Nat SchindlerScotiabankBuyInitiated$275article ↗
Sep 8, 2026Unknown AnalystStoneXBuyReiterated$295
Consensus over the last 12 months buy hold sell avg. target month-end close
Monthly buy, hold and sell shares of analyst ratings with the average price target and the month-end close$140$160$180$200$220$240$260$280$300Oct 25 · Buy 26 · Hold 9 · Sell 0Oct 25Nov 25 · Buy 30 · Hold 7 · Sell 0Dec 25 · Buy 31 · Hold 7 · Sell 0Dec 25Jan 26 · Buy 31 · Hold 7 · Sell 0Feb 26 · Buy 28 · Hold 7 · Sell 0Feb 26Mar 26 · Buy 27 · Hold 7 · Sell 0Apr 26 · Buy 28 · Hold 7 · Sell 0Apr 26May 26 · Buy 29 · Hold 7 · Sell 0Jun 26 · Buy 28 · Hold 7 · Sell 0Jun 26Jul 26 · Buy 28 · Hold 8 · Sell 0Aug 26 · Buy 27 · Hold 8 · Sell 0Aug 26Sep 26 · Buy 29 · Hold 8 · Sell 0Oct 25 · avg. target $307Nov 25 · avg. target $288Dec 25 · avg. target $288Jan 26 · avg. target $285Feb 26 · avg. target $266Mar 26 · avg. target $259Apr 26 · avg. target $256May 26 · avg. target $249Jun 26 · avg. target $244Jul 26 · avg. target $241Aug 26 · avg. target $255Sep 26 · avg. target $257Oct 25 · month-end close $254Nov 25 · month-end close $198Dec 25 · month-end close $226Jan 26 · month-end close $205Feb 26 · month-end close $176Mar 26 · month-end close $150Apr 26 · month-end close $169May 26 · month-end close $159Jun 26 · month-end close $185Jul 26 · month-end close $196Aug 26 · month-end close $232Sep 26 · month-end close $195

Share of analysts per call each month (latest call per analyst within 180 days). Targets and closes in USD.

TipRanks data via FMP · computed Sep 18, 2026 · 197 ratings