Is DASH a good stock to buy?
We came across a bullish thesis on DoorDash, Inc. on Nikhs’s Substack
In this article, we will summarize the bulls’ thesis on DASH. DoorDash, Inc.’s share was trading at $155.67 as of June 9th. DASH’s trailing and forward P/E were 73.78 and 51.81 respectively according to Yahoo Finance.
Photo by Brett Jordan on Unsplash DoorDash, Inc., together with its subsidiaries, operates a commerce platform that connects merchants, consumers, and dashers in the United States and internationally. DASH is increasingly being viewed not as a traditional delivery company, but as a platform building two layered businesses simultaneously: a logistics network and a high-margin retail media ecosystem. While first-quarter 2026 revenue of $4.04 billion missed expectations and profitability metrics softened modestly, investors focused instead on accelerating order growth, expanding GOV, improving EBITDA scale, and early evidence that grocery advertising is beginning to work.