---
title: DoorDash (DASH) — intrinsic value and fair price
canonical: https://sweetvaluelab.com/stocks/dash
ticker: DASH
as_of: 2026-10-17
sector: Communication Services
industry: Internet Content & Information
---
# DoorDash (DASH)

DoorDash (DASH) closed at $189.15 on Oct 16, 2026, overvalued by 305% vs its model value of $46.70 (from a five-year discounted cash flow).

## Key figures

| Figure | Value |
| --- | ---: |
| Last close | $189.15 (Oct 16, 2026) |
| Model value (from a five-year discounted cash flow) | $46.70 |
| Price vs model | overvalued by 305% vs model |
| Range of that model | $34.84 – $74.21 |
| Market value | $82.0B |
| P/E (fiscal 2025) | 88.8 |
| Net margin (fiscal 2025) | 6.8% |
| Free cash flow (fiscal 2025) | $2.2B |
| Dividend yield (trailing twelve months) | 0.00% |
| Beta | 1.89 |
| Cost of capital (WACC) | 11.53% |
| Business classification | High Growth (High revenue growth (~26% recent), Moderate margins (7% net margin), Highly cyclical earnings) |

## Valuation models

Each model's value per share and the role the engine gave it for this business. The headline above is one model's value; every other model is listed with its own, and each has a page of its own under the valuation. Computed Oct 17, 2026.

| Model | Role | Value per share | Low | High |
| --- | --- | ---: | ---: | ---: |
| DCF · Perpetuity growth · 5y | primary | $46.70 | $34.84 | $74.21 |
| DCF · Perpetuity growth · 10y | cross check | $59.43 | $44.12 | $94.59 |
| DCF · EBITDA exit · 5y | cross check | $46.60 | $29.45 | $66.84 |
| DCF · EBITDA exit · 10y | cross check | $59.31 | $39.40 | $86.11 |
| P/E · peers | cross check | $43.53 | $30.53 | $55.52 |
| P/E · own history | cross check | $0.00 | $0.00 | $0.00 |
| PEG | sanity check | $65.02 | $65.02 | $65.02 |
| EV/EBITDA · peers | cross check | $92.97 | $80.34 | $183.72 |
| EV/Revenue · peers | cross check | $104.32 | $77.65 | $107.00 |
| Earnings power value | cross check | $0.00 | $0.00 | $0.00 |

## Insider activity (SEC Form 4)

Past 90 days: 0 open-market buys ($0) and 29 open-market sales ($15.5M); 10b5-1 plan sales included.

| Date | Insider | Relationship | Transaction | Shares | Value |
| --- | --- | --- | --- | ---: | ---: |
| Oct 12, 2026 | Inukonda Ravi | CHIEF FINANCIAL OFFICER | Option/RSU exercise (10b5-1 plan) | 1,017 | $0 |
| Oct 12, 2026 | Inukonda Ravi | CHIEF FINANCIAL OFFICER | Open-market sell (10b5-1 plan) | 1,017 | $198,315 |
| Oct 12, 2026 | Inukonda Ravi | CHIEF FINANCIAL OFFICER | Option/RSU exercise (10b5-1 plan) | 1,017 | $7,790.2 |
| Oct 2, 2026 | Tang Stanley | Director | Other (10b5-1 plan) | 23,125 | $0 |
| Oct 2, 2026 | Tang Stanley | Director | Open-market sell (10b5-1 plan) | 500 | $94,638 |

## Recent SEC filings

| Filed | Form | What | Filing |
| --- | --- | --- | --- |
| Sep 18, 2026 | 8-K | 8.01 Other Events; 9.01 Financial Statements and Exhibits | https://www.sec.gov/Archives/edgar/data/1792789/000114036126037109/ef20081998_8k.htm |
| Aug 27, 2026 | DEF 14C | Information statement | https://www.sec.gov/Archives/edgar/data/1792789/000114036126034688/ny20079824x2_def14c.htm |
| Aug 11, 2026 | 8-K | 5.07 Submission of Matters to a Shareholder Vote | https://www.sec.gov/Archives/edgar/data/1792789/000114036126032235/ef20079912_8k.htm |
| Aug 5, 2026 | 10-Q | Quarterly report | https://www.sec.gov/Archives/edgar/data/1792789/000179278926000050/dash-20260630.htm |
| Aug 5, 2026 | 8-K | 2.02 Results of Operations (Earnings); 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits | https://www.sec.gov/Archives/edgar/data/1792789/000179278926000048/dash-20260805.htm |

## Superinvestors holding it (latest 13F)

| Manager | Quarter | Shares | Value |
| --- | --- | ---: | ---: |
| Henry Ellenbogen | 2026-06-30 | 4,154,183 | $766.6M |
| Thomas Russo | 2026-06-30 | 1,186,104 | $218.9M |
| Triple Frond | 2026-06-30 | 300,246 | $55.4M |
| Soros | 2026-06-30 | 249,897 | $46.1M |

6 tracked managers in all.

## About

DoorDash, Inc. operates a comprehensive logistics platform globally and within the United States, linking merchants, consumers, and delivery personnel ('dashers'). Through its primary marketplaces, DoorDash and Wolt, the company provides essential services designed to help merchants overcome critical challenges, including customer acquisition, delivery logistics, data insights and analytics, merchandising support, payment processing, and customer assistance. Additionally, DoorDash offers subscription-based products like DashPass and Wolt+, alongside white-label delivery fulfillment services under DoorDash Drive and Wolt Drive. Its portfolio also includes DoorDash Storefront, which enables merchants to provide on-demand e-commerce access to their customers, and Bbot, a solution offering digital ordering and payment processing for both in-store and online channels. Founded in 2013 as Palo…

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Source: https://sweetvaluelab.com/stocks/dash (SweetValueLab, free, no account). Prices and statements from Financial Modeling Prep; filings from SEC EDGAR. Research and educational data, not investment advice; nothing here is a recommendation to buy, sell or hold any security.