( i hear more people discuss corsair which is a 2 billion company) Yet, despite the earnings miss, analysts kept upgrading the price targets for this stock today yet they never explain why they upgraded doordash. So why did doordash go up today on earnings? I didn't see any reddit post on doordash earnings, in fact I rarely hear anyone talk about this stock which is surprising considering its a 62 billion growth company. In my opinion, you cant miss earnings, and expect to go up, yet DoorDash did and the guidance wasnt that great either. Even Disney stock, which crushed earnings, is only up 1%, and trades at a more reasonable valuation. With earnings miss, i would thought that this stock would go down, but doordash ended the day up 3.5% while airbnb is barely up on better earnings. Even Uber, which I consider to be massively overvalued, (because of its unprofitable low margin,no moat, slowing growth business) is trading only 17 billion marketcap more for postmates, uber eats and most dominant ride haling service.(63 vs 80 bil) I've seen many youtube videos, reddit posts, articles on why this stock is overvalued at 18 price to sales ratio which implies at least 20-25% sales growth (sales growth 6-9x) for the next 10 years based on my model. ![]() I am interested in hearing a bull case for doordash. Most information to help you learn and practice can be found in our wiki. Related Subreddits (see the rules above for related subs as well) Read here for more info.Īlmost any post related to stocks and investment is welcome on /r/stocks, including pre IPO news, futures & forex related to stocks, and geopolitical or corporate events indicating risks outside this is offtopic and can be removed. Consider posting to r/SPACs, r/pennystocks, or r/weedstocks instead. No penny stock discussions, including OTC, microcaps, pump & dumps, low vol pumps and SPACs. Non-ETF-related Crypto goes on r/CryptoCurrencies info. No bitcoin or crypto discussions unrelated to stocks. Trolling, insults, or harassment, especially in posts requesting advice, will be removed. Posts regarding this topic will be automatically removed. ![]() The Robinhood app should be discussed in /r/Robinhood. Low effort mentions for meme stocks will be removed, see here. ![]() Instead, advertise here.Ĭontext & effort must be provided empty posts or empty posts with links will be automatically removed. Spam, ads, solicitations (including referral links), and self-promotion posts or comments will be removed and you might get banned. Rules (in depth rules wiki here)ĭisclose any related open positions when discussing a particular stock or financial instrument. Almost any post related to stocks is welcome please read the rules below:Ĭlick here to find how many days old your account needs to be and how much karma you need before you can comment or post to r/Stocks.
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