Cantor Fitzgerald Forecasts DoorDash FY2026 Earnings

DoorDash, Inc. (NASDAQ:DASH - Free Report) - Research analysts at Cantor Fitzgerald issued their FY2026 earnings per share (EPS) estimates for DoorDash in a report released on Monday, June 9th. Cantor Fitzgerald analyst D. Mathivanan forecasts that the company will earn $2.55 per share for the year. Cantor Fitzgerald has a "Overweight" rating and a $210.00 price target on the stock. The consensus estimate for DoorDash's current full-year earnings is $2.22 per share.

Several other brokerages also recently commented on DASH. BMO Capital Markets reiterated an "outperform" rating on shares of DoorDash in a research note on Tuesday, April 29th. Citigroup restated an "outperform" rating on shares of DoorDash in a research note on Monday, April 28th. Wells Fargo & Company decreased their price target on shares of DoorDash from $201.00 to $198.00 and set an "equal weight" rating on the stock in a research note on Wednesday, May 7th. Royal Bank of Canada reiterated an "outperform" rating and issued a $230.00 price target on shares of DoorDash in a research note on Wednesday, May 7th. Finally, Wedbush restated an "outperform" rating on shares of DoorDash in a research report on Wednesday, May 7th. Eleven analysts have rated the stock with a hold rating and twenty-five have given a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $210.21.

DoorDash Stock Performance

NASDAQ:DASH traded up $2.88 during mid-day trading on Tuesday, hitting $219.48. The stock had a trading volume of 1,242,955 shares, compared to its average volume of 4,192,186. DoorDash has a twelve month low of $99.32 and a twelve month high of $220.88. The stock has a market cap of $93.00 billion, a price-to-earnings ratio of 810.96 and a beta of 1.67. The company's 50 day simple moving average is $195.44 and its 200 day simple moving average is $187.51.

DoorDash (NASDAQ:DASH - Get Free Report) last issued its earnings results on Tuesday, May 6th. The company reported $0.44 earnings per share for the quarter, topping analysts' consensus estimates of $0.39 by $0.05. The business had revenue of $3.03 billion for the quarter, compared to the consensus estimate of $3.10 billion. DoorDash had a net margin of 1.15% and a return on equity of 1.67%. The firm's revenue for the quarter was up 20.7% on a year-over-year basis. During the same period in the previous year, the company earned ($0.06) earnings per share.

Institutional Trading of DoorDash

Several large investors have recently modified their holdings of DASH. Saudi Central Bank bought a new stake in DoorDash in the first quarter valued at $25,000. WPG Advisers LLC acquired a new stake in DoorDash in the first quarter valued at approximately $26,000. Pacific Center for Financial Services acquired a new position in shares of DoorDash during the first quarter worth approximately $27,000. Pittenger & Anderson Inc. acquired a new position in DoorDash during the fourth quarter worth $29,000. Finally, Denver PWM LLC bought a new position in shares of DoorDash in the fourth quarter valued at $30,000. Institutional investors and hedge funds own 90.64% of the company's stock.

Insider Buying and Selling

In other DoorDash news, Director Stanley Tang sold 45,410 shares of the company's stock in a transaction on Tuesday, April 1st. The shares were sold at an average price of $181.21, for a total transaction of $8,228,746.10. Following the sale, the director now owns 18,285 shares of the company's stock, valued at approximately $3,313,424.85. This represents a 71.29% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Andy Fang sold 30,000 shares of the business's stock in a transaction dated Thursday, June 5th. The shares were sold at an average price of $217.52, for a total value of $6,525,600.00. Following the completion of the transaction, the director now directly owns 22,545 shares in the company, valued at $4,903,988.40. This represents a 57.09% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 298,030 shares of company stock worth $59,433,406 in the last ninety days. Company insiders own 5.83% of the company's stock.

About DoorDash

DoorDash, Inc, together with its subsidiaries, operates a commerce platform that connects merchants, consumers, and independent contractors in the United States and internationally. The company operates DoorDash Marketplace and Wolt Marketplace, which provide various services, such as customer acquisition, demand generation, order fulfillment, merchandising, payment processing, and customer support.