DASH
DoorDash, Inc.
DASH has the edge over RDDT overall, supported by lower modeled downside and stronger valuation.
RDDT
Reddit, Inc.
RDDT offers stronger fundamentals, but that advantage does not outweigh its weaker overall profile.
DASH Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Healthy | |
| Strong | |
| Strong |
DASH's revenue, profitability, cash flow and balance sheet are all currently healthy.
RDDT Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| Strong | |
| Strong |
RDDT's revenue, profitability, cash flow and balance sheet are all currently healthy.
DASH PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 41x | $173 | — |
| Current | 71x | $173 | — |
| Cheap | 82x | $199 | +15% |
| Fair | 111x | $270 | +56% |
| Expensive | 304x | $738 | +327% |
Historical ranges are pointers, not guarantees.
DASH has the edge over RDDT in the historical PE scenario, which offers more potential upside but is not a forecast.
RDDT PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 16x | $99.55 | — |
| Current | 20x | $99.55 | — |
| Cheap | 35x | $171 | +72% |
| Fair | 46x | $228 | +129% |
| Expensive | 53x | $262 | +163% |
Historical ranges are pointers, not guarantees.
RDDT's PE is 20x, but its earnings don't support one, so it isn't a reliable read right now.
DASH Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Moderate | |
| Low |
Analysts expect strong earnings and revenue growth for DASH, with profitability improving. However, they disagree widely on these estimates.
RDDT Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Moderate | |
| Low |
Analysts expect strong earnings and revenue growth for RDDT, with profitability improving. However, they disagree widely on these estimates.
DASH Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $4.26 | +75% |
| Q3 2026 | $2.43 | +22% |
| Q2 2026 | $1.92 | +5.5% |
| Q1 2026 | $2.11 | +167% |
| Q4 2025 | $2.13 | +634% |
| Q3 2025 | $1.99 | +$2.43 |
| Q2 2025 | $1.82 | +$2.83 |
| Q1 2025 | $0.79 | +$1.86 |
| Q4 2024 | $0.29 | +$1.71 |
DASH has the stronger earnings trend. Trailing diluted EPS is up 22% for DASH versus RDDT down 39%.
RDDT Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $6.32 | +29% |
| Q3 2024 | -$7.98 | -$7.17 |
| Q2 2024 | -$8.19 | -$7.15 |
| Q1 2024 | -$8.38 | -$7.25 |
| Q4 2023 | -$0.56 | +$0.41 |
| Q3 2023 | -$0.81 | -$0.02 |
| Q2 2023 | -$1.04 | -$0.48 |
| Q1 2023 | -$1.13 | -$0.48 |
| Q4 2022 | -$0.97 | -$0.19 |
RDDT has returned to profit: it earned $4.90 per share over the past year, after losing money the year before.
DASH Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $4.6B | +34% |
| Q2 2026 | $4.5B | +36% |
| Q1 2026 | $4B | +33% |
| Q4 2025 | $4B | +38% |
| Q3 2025 | $3.4B | +27% |
| Q2 2025 | $3.3B | +25% |
| Q1 2025 | $3B | +21% |
| Q4 2024 | $2.9B | +25% |
DASH's revenue has grown year over year every quarter since late 2020: $4.6B last quarter, up 34% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 9.6% | +2.1 points |
| Q2 2026 | 3.5% | -1.5 points |
| Q1 2026 | 3.7% | -1.4 points |
| Q4 2025 | 3.7% | -0.4 points |
| Q3 2025 | 7.5% | +3.5 points |
| Q2 2025 | 5% | +13 points |
| Q1 2025 | 5.1% | +7.5 points |
| Q4 2024 | 4.1% | +7.9 points |
DASH's operating margin was 9.6% last quarter, up 2.1 points from the same quarter a year ago, near the top of its range since 2019.
RDDT Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $895M | +53% |
| Q2 2026 | $804.9M | +61% |
| Q1 2026 | $663.4M | +69% |
| Q4 2025 | $725.6M | +70% |
| Q3 2025 | $584.9M | +68% |
| Q2 2025 | $499.6M | +78% |
| Q1 2025 | $392.4M | +61% |
| Q4 2024 | $427.7M | +71% |
RDDT has the edge over DASH on sales, with stronger typical year-over-year growth.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 29% | +5.5 points |
| Q2 2026 | 29% | +15 points |
| Q1 2026 | 28% | +27 points |
| Q4 2025 | 32% | +20 points |
| Q3 2025 | 24% | +22 points |
| Q2 2025 | 14% | +25 points |
| Q1 2025 | 1% | +244 points |
| Q4 2024 | 12% | +11 points |
RDDT has the edge over DASH on profitability, with a higher operating margin.
DASH Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $904M | +12% |
| Q2 2026 | $883M | +102% |
| Q1 2026 | $537M | -4.3% |
| Q4 2025 | $367M | -24% |
| Q3 2025 | $808M | +62% |
| Q2 2025 | $438M | -14% |
| Q1 2025 | $561M | +4.7% |
| Q4 2024 | $486M | +6.6% |
DASH generated $2.7B in free cash flow over the past year, up 17% from the year before.
RDDT Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $362.6M | +98% |
| Q2 2026 | $260.7M | +135% |
| Q1 2026 | $311.2M | +146% |
| Q4 2025 | $263.6M | +196% |
| Q3 2025 | $183.1M | +161% |
| Q2 2025 | $110.8M | +308% |
| Q1 2025 | $126.6M | +333% |
| Q4 2024 | $89.2M | +$111.2M |
RDDT has the edge over DASH on cash flow, with more consistent year-over-year improvement.
DASH Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.2% | +969K shares |
| 1 year | -0.3% | -1.5M shares |
| 3 years | +12% | +47.1M shares |
| 5 years | +29% | +100M shares |
| Available history | +904% | +396M shares |
DASH has 440M diluted shares, about the same as a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | $887M |
| Q1 2026 | $162M |
| Q4 2025 | — |
| Q3 2025 | — |
| Q4 2024 | — |
| Q3 2024 | $217M |
| Q2 2024 | $7M |
DASH spent $1B buying back its own shares over the past year.
RDDT Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.1% | -169K shares |
| 1 year | -0.4% | -868K shares |
| 3 years | +24% | +38.5M shares |
| 5 years | +24% | +38.5M shares |
RDDT has the edge over DASH on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $100.4M |
| Q2 2026 | $234.6M |
| Q1 2026 | $5M |
| Q4 2023 | — |
| Q3 2023 | — |
| Q2 2023 | — |
| Q1 2023 | $4.2M |
| Q4 2022 | — |
DASH Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -1.1x | Net Cash |
| Q2 2026 | -1.0x | Net Cash |
| Q1 2026 | -1.2x | Net Cash |
| Q4 2025 | -1.1x | Net Cash |
| Q3 2025 | -0.4x | Net Cash |
| Q2 2025 | -1.1x | Net Cash |
| Q1 2025 | -6.0x | Net Cash |
| Q4 2024 | -7.7x | Net Cash |
DASH has more cash than debt.
RDDT Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -1.5x | Net Cash |
| Q2 2026 | -1.9x | Net Cash |
| Q1 2026 | -2.2x | Net Cash |
| Q4 2025 | -2.1x | Net Cash |
| Q3 2025 | -3.3x | Net Cash |
| Q2 2025 | -5.0x | Net Cash |
| Q1 2025 | -13.1x | Net Cash |
RDDT has the edge over DASH on leverage, with a lower net debt burden relative to earnings.
DASH Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 41.9 | Neutral |
| Stochastic | 17.8 | Oversold |
DASH's weekly RSI is 42 (neutral) and its Stochastic is 18 (oversold).
RDDT Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 34.8 | Neutral |
| Stochastic | 6.5 | Oversold |
RDDT's weekly RSI is 35 (neutral) and its Stochastic is 6 (oversold).
DASH PE vs Communication Services Sector
| Metric | DASH | Sector median | Relative |
|---|---|---|---|
| PE | 71x | 16x | 331% above |
| PE % | 1 | 28 | 27 pts below |
DASH is trading at 71x earnings, a 331% premium to the Communication Services sector's median of 16x.
RDDT PE vs Communication Services Sector
| Metric | RDDT | Sector median | Relative |
|---|---|---|---|
| PE | 20x | 16x | 23% above |
| PE % | 5 | 23 | 18 pts below |
RDDT has the edge over DASH on valuation relative to its sector.
DASH Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $184.9 | 6.6% below |
| 20 week MA | $195.8 | 12% below |
| 50 week MA | $187.6 | 8% below |
| 100 week MA | $201.3 | 14% below |
| 200 week MA | $151.8 | 14% above |
DASH has stronger trend alignment. DASH is above 1 of 5 weekly averages versus RDDT above 0 of 4.
RDDT Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $130.6 | 24% below |
| 20 week MA | $151.7 | 34% below |
| 50 week MA | $165.0 | 40% below |
| 100 week MA | $167.1 | 40% below |
RDDT is in a downtrend: it's below all four of its weekly moving averages, and 40% below its 100-week average.
DASH Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $175.0 | $158.5 | -9.5% |
| 2021 | $158.5 | $153.7 | -3% |
| 2022 | $153.7 | $50.7 | -67% |
| 2023 | $50.7 | $98.9 | +95% |
| 2024 | $98.9 | $169.3 | +71% |
| 2025 | $169.3 | $234.0 | +38% |
| 2026 YTD | $234.0 | $172.6 | -26% |
DASH has the edge over RDDT on returns for 2026, with the stronger performance.
RDDT Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2024 | $46.0 | $173.5 | +277% |
| 2025 | $173.5 | $225.8 | +30% |
| 2026 YTD | $225.8 | $99.6 | -56% |
RDDT has finished every year since 2024 higher, and it's down 56% so far in 2026.