DoorDash (DASH) Expected to Announce Quarterly Earnings on Wednesday

DoorDash (NASDAQ:DASH - Get Free Report) is expected to be releasing its Q1 2025 quarterly earnings data after the market closes on Wednesday, May 7th. Analysts expect DoorDash to post earnings of $0.39 per share and revenue of $3.10 billion for the quarter.

DoorDash Stock Performance

NASDAQ DASH traded up $8.89 during trading hours on Friday, reaching $205.09. 4,255,475 shares of the company's stock were exchanged, compared to its average volume of 4,149,214. The company has a market capitalization of $86.16 billion, a price-to-earnings ratio of 759.59 and a beta of 1.69. The company's 50-day moving average is $185.50 and its two-hundred day moving average is $179.38. DoorDash has a one year low of $99.32 and a one year high of $215.25.

Analyst Ratings Changes

DASH has been the topic of several research reports. Roth Mkm boosted their price objective on shares of DoorDash from $165.00 to $193.00 and gave the company a "neutral" rating in a research report on Wednesday, February 12th. UBS Group boosted their price target on DoorDash from $200.00 to $204.00 and gave the company a "neutral" rating in a report on Wednesday, February 12th. Piper Sandler reissued a "neutral" rating and issued a $210.00 price objective (up previously from $160.00) on shares of DoorDash in a research report on Wednesday, February 12th. JMP Securities reiterated a "market outperform" rating and issued a $225.00 price target on shares of DoorDash in a research note on Monday, April 28th. Finally, Mizuho increased their price objective on shares of DoorDash from $200.00 to $222.00 and gave the stock an "outperform" rating in a research note on Wednesday, February 12th. Ten equities research analysts have rated the stock with a hold rating and twenty-three have issued a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $209.66.

Insider Activity

In other DoorDash news, Director Stanley Tang sold 45,410 shares of the stock in a transaction dated 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 directly owns 18,285 shares in the company, valued at $3,313,424.85. This represents a 71.29 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, General Counsel Tia Sherringham sold 12,088 shares of the business's stock in a transaction that occurred on Thursday, February 20th. The shares were sold at an average price of $203.45, for a total transaction of $2,459,303.60. Following the completion of the transaction, the general counsel now owns 122,135 shares of the company's stock, valued at $24,848,365.75. The trade was a 9.01 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 158,511 shares of company stock worth $30,394,673. Corporate insiders own 7.92% of the company's stock.

Institutional Inflows and Outflows

An institutional investor recently raised its position in DoorDash stock. Brighton Jones LLC lifted its holdings in shares of DoorDash, Inc. (NASDAQ:DASH - Free Report) by 24.0% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 9,336 shares of the company's stock after buying an additional 1,807 shares during the period. Brighton Jones LLC's holdings in DoorDash were worth $1,566,000 as of its most recent filing with the SEC. Hedge funds and other institutional investors own 90.64% 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.