DoorDash Reveals Massive Partnership with The Home Depot to Help More Americans Screw Faster…

It seems DoorDash has leveled up to where they are no longer just the enabler of my midnight Taco Bell cravings. The delivery behemoth has officially teamed up with The Home Depot, offering delivery of screws, nails, drill bits, or whatever else you inevitably forget halfway through your DIY disaster, in as little as an hour. Translation: If you’re married, your Saturdays are F'd from this moment on. 

(Source: Giphy) 

Of course, if you enjoy being a weekend warrior who thinks a YouTube tutorial and sheer willpower are enough to renovate a bathroom—this is a big win. For the professionals? It’s a game-changer. Imagine not having to drop everything to run to the nearest Home Depot because you underestimated how much drywall mud you’d need. Instead, you can just order it and maybe toss in a cheeseburger while you’re at it, because DoorDash does that too. Convenience and efficiency? Heaven. 

Mike Goldblatt, DoorDash’s VP of New Verticals Partnerships laid it out simply: “Amidst a project and out of nails, screw heads or drill bits, on-demand delivery from DoorDash can save time and any added stress.” In layman's terms, Home Depot understands DIYers are a hot mess, and they are more than happy to profit off them. 

(Source: PYMNTS) 

For Home Depot, this is just one more step in its quest to dominate the home improvement game. They’ve already got same-day and next-day delivery through their own site, but this partnership with DoorDash makes it even easier for customers to get what they need without stepping foot in one of those cavernous orange aisles. Jordan Broggi, Home Depot’s EVP of Customer Experience, called it part of their “seamless, interconnected shopping experience.” 

Which is smart on Home Depot's part. Why? Well because while your average homeowner might put off that deck renovation until after tax season, commercial clients and contractors are working on deadlines. And guess what? Deadlines mean steady demand. With DoorDash in the mix, pros now have a more efficient way to get materials delivered directly to the job site, saving time and keeping projects moving.

(Source: Giphy) 

Additionally, Home Depot has been making even more aggressive moves to cater to this crowd as they’ve already tailored their website and app to offer job site deliveries, bulk pricing, and personalized accounts. Simply put, partnering with DoorDash is just another way to keep pros happy—and keep the revenue flowing. 

On the other hand, this is another step in Door Dash’s “New Verticals” strategy they’ve been trying to implement. With over 115,000 non-restaurant stores already on the platform, including arts and crafts, apparel, and now home improvement, DoorDash is clearly trying to become the Amazon of instant gratification.

(Source: Investing.com) 

What’s more is that Wall Street is just as hyped as customers on this partnership. For instance, after the announcement, Bank of America analysts wasted no time bolstering a 19.1% price target increase on DoorDash stock (from $172/share to $205/share). So clearly, Wall Street sees massive upside potential in the coming days—and for investors, that makes all the difference.

So yeah, while consumers, Wall Street and Home Depot and DoorDash are all horned up over this deal—the only question left is whether The Home Depot can handle the inevitable surge of orders. Because let’s face it, the only thing more chaotic than a DoorDash driver trying to find your house is a Home Depot employee trying to locate a box of screws in aisle 37. It’s a day ruiner.  

(Source: Giphy) 

In the meantime, keep an eye on both of these stocks as we head into next week's trading. The bullish narrative is there and the market sentiment is fueling the fire—so expect some nice swings in the coming days. Of course, do what you will with this information and place your bets accordingly. As always, stay safe and stay frosty, friends! Until next time…

P.S. The markets are making new highs, and greed is sweeping the markets left, right, and twice on Sunday! The best part? Our recent $DWTX alert skyrocketed 876% in less than ONE-DAY! Click here to join Stocks.News to make sure you take advantage of our next alert…

Stocks.News holds positions in Amazon as mentioned in the article.