Should I Buy DoorDash (DASH)? Finance YouTuber Analysis

The YouTuber sees a bright future for DoorDash as a demand aggregator in the autonomous delivery space. While he hasn't bought shares yet due to price, he finds it increasingly compelling as its price comes down, believing it will be a gateway for accessing autonomous delivery services.

“Door Dash is one I think could have a bright future. I haven't bought yet just because I haven't liked the price in Door Dash, but as that's been coming down, they become a little bit more compelling, too.”

The analyst states he will not buy DoorDash at its current price due to its high valuation, with a forward P/E of 44.2 and an Enterprise Value to Sales of 5.7. He also highlights concerns about DoorDash's lack of a clear strategy for autonomous delivery, which he sees as a significant future challenge compared to competitors like Uber and Lyft.

“this is not a stock that I'm going to buy at the current price again just to go through those details Enterprise Value to sales is seven price to earnings on a trailing basis is almost 700 so not a lot of earnings there to speak of Enterprise Value to sales on a forward basis is 5.7 44.2 from price to earnings”