Are these 2 warning signs for DASH?

April 17, 2024

DoorDash is feeling the love from the street. 

This week another analyst upgraded DoorDash (DASH) due to the company's continued market share gains and expanded adoption in grocery delivery, which outperformed initial concerns about potential risks from student loans. These risks did not materialize as anticipated, leading to a positive reassessment of DoorDash's prospects.

DASH shares have risen by more than +116% YoY, though they did top out last week around $140.

So -- what's next for DASH?

Mentions confirm the company has considerable consumer momentum, up +15% YoY and showing strength over the last month, potentially a nice nod to guidance.

But two metrics give us room for pause:

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