Wedbush Issues Positive Forecast for DoorDash Earnings

Key Points

• Wedbush has updated its Q3 2025 earnings per share estimate for DoorDash to $0.62, increasing it from a prior estimate of $0.55, while maintaining an "Outperform" rating on the stock.
• DoorDash reported $0.65 EPS for the last quarter, surpassing consensus estimates by $0.23 and achieving year-over-year revenue growth of 24.9%.
• Various analysts have issued updated ratings and price targets for DoorDash, with most maintaining a "buy" rating, and the consensus target price now stands at $259.18.

DoorDash, Inc. (NASDAQ:DASH - Free Report) - Stock analysts at Wedbush raised their Q3 2025 EPS estimates for DoorDash in a research report issued to clients and investors on Wednesday, August 6th. Wedbush analyst S. Devitt now expects that the company will post earnings of $0.62 per share for the quarter, up from their prior forecast of $0.55. Wedbush has a "Neutral" rating on the stock. The consensus estimate for DoorDash's current full-year earnings is $2.22 per share. Wedbush also issued estimates for DoorDash's Q4 2025 earnings at $0.67 EPS and FY2026 earnings at $4.36 EPS.

Several other research analysts also recently weighed in on DASH. Wells Fargo & Company upped their price target on shares of DoorDash from $239.00 to $280.00 and gave the stock an "equal weight" rating in a research report on Thursday. Stifel Nicolaus increased their price objective on shares of DoorDash from $214.00 to $239.00 and gave the company a "hold" rating in a report on Thursday. Sanford C. Bernstein increased their price objective on shares of DoorDash from $210.00 to $265.00 and gave the company an "outperform" rating in a report on Monday, July 21st. Raymond James Financial restated a "strong-buy" rating and set a $325.00 price target (up previously from $275.00) on shares of DoorDash in a report on Thursday. Finally, BTIG Research increased their price objective on shares of DoorDash from $225.00 to $265.00 and gave the stock a "buy" rating in a research report on Tuesday, July 1st. Twelve research analysts have rated the stock with a hold rating, twenty-three have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $259.18.

DoorDash Stock Performance

NASDAQ:DASH traded down $11.80 during mid-day trading on Friday, hitting $259.19. The company's stock had a trading volume of 5,340,842 shares, compared to its average volume of 3,280,438. The business's fifty day moving average is $236.11 and its two-hundred day moving average is $206.65. The company has a debt-to-equity ratio of 0.30, a current ratio of 2.07 and a quick ratio of 1.72. DoorDash has a 1 year low of $121.44 and a 1 year high of $278.15. The stock has a market cap of $109.83 billion, a price-to-earnings ratio of 144.00 and a beta of 1.70.

DoorDash (NASDAQ:DASH - Get Free Report) last released its earnings results on Wednesday, August 6th. The company reported $0.65 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.42 by $0.23. DoorDash had a return on equity of 9.56% and a net margin of 6.57%. The firm had revenue of $3.28 billion for the quarter, compared to the consensus estimate of $3.16 billion. During the same period in the prior year, the firm earned ($0.38) EPS. The firm's revenue was up 24.9% on a year-over-year basis.

Institutional Investors Weigh In On DoorDash

A number of institutional investors have recently bought and sold shares of DASH. GFG Capital LLC bought a new position in shares of DoorDash during the 2nd quarter valued at about $30,000. Saudi Central Bank purchased a new position in shares of DoorDash during the first quarter worth approximately $25,000. WPG Advisers LLC bought a new stake in shares of DoorDash during the first quarter valued at approximately $26,000. Pacific Center for Financial Services bought a new stake in shares of DoorDash during the first quarter valued at approximately $27,000. Finally, Harbour Investments Inc. raised its position in shares of DoorDash by 55.6% in the 1st quarter. Harbour Investments Inc. now owns 196 shares of the company's stock worth $36,000 after acquiring an additional 70 shares in the last quarter. Hedge funds and other institutional investors own 90.64% of the company's stock.

Insiders Place Their Bets

In other news, Director Andy Fang sold 30,000 shares of the company's stock in a transaction on Thursday, June 5th. The stock was sold at an average price of $217.52, for a total transaction of $6,525,600.00. Following the transaction, the director directly owned 22,545 shares of the company's stock, valued at $4,903,988.40. This represents a 57.09% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Stanley Tang sold 45,410 shares of the stock in a transaction that occurred on Tuesday, July 1st. The stock was sold at an average price of $240.69, for a total transaction of $10,929,732.90. Following the completion of the transaction, the director owned 26,070 shares in the company, valued at $6,274,788.30. This trade represents a 63.53% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 583,537 shares of company stock valued at $133,720,004 over the last three months. 5.83% of the stock is currently owned by corporate insiders.

DoorDash Company Profile

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.