2020 was an eventful year for IPOs despite the economic hardships caused by COVID-19. Over $300 billion was raised in U.S. equity markets, with companies from the tech sector generating a significant amount of hype.

The company went public in late 2020 and a handful of Wall Street analysts released their first thoughts on the stock.

The company will remain focused on its growth strategy and will continue investing a great portion of its revenues in its business. It is thus not likely to initiate a dividend for the next several years.

DASH is valued at around $70 billion. That compares roughly with oil giant BP or consumer goods company Colgate-Palmolive. Unlike BP and CL, DASH is nowhere near becoming a profitable company.

Ironically the skepticism is good; as moderated expectations ahead of what is going to be a Quadruple Quarterly Expiration week could actually be a plus.