William Blair Brokers Raise Earnings Estimates for DoorDash

Key Points

• William Blair analysts have raised their Q3 2025 earnings estimates for DoorDash to $0.62 per share, up from a previous forecast of $0.59.
• DoorDash reported $0.65 earnings per share in its last quarter, significantly beating analysts' expectations of $0.42, along with a revenue of $3.28 billion.
• Several brokerages have increased their target prices for DoorDash, with Evercore ISI raising it to $360.00 and Morgan Stanley to $300.00, reflecting strong confidence in the company's performance.

DoorDash, Inc. (NASDAQ:DASH - Free Report) - Research analysts at William Blair lifted their Q3 2025 earnings per share (EPS) estimates for DoorDash in a research note issued on Thursday, August 7th. William Blair analyst R. Schackart now expects that the company will post earnings of $0.62 per share for the quarter, up from their previous forecast of $0.59. The consensus estimate for DoorDash's current full-year earnings is $2.22 per share. William Blair also issued estimates for DoorDash's FY2025 earnings at $2.36 EPS, Q2 2026 earnings at $0.84 EPS and FY2026 earnings at $3.85 EPS.

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 analysts' consensus estimates of $0.42 by $0.23. The business had revenue of $3.28 billion for the quarter, compared to analyst estimates of $3.16 billion. DoorDash had a return on equity of 9.56% and a net margin of 6.57%. The company's revenue for the quarter was up 24.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted ($0.38) earnings per share.

A number of other research analysts have also issued reports on DASH. JMP Securities boosted their target price on DoorDash from $250.00 to $335.00 and gave the company a "market outperform" rating in a report on Thursday, August 7th. Sanford C. Bernstein boosted their target price on DoorDash from $210.00 to $265.00 and gave the company an "outperform" rating in a report on Monday, July 21st. Susquehanna set a $300.00 target price on DoorDash and gave the company a "positive" rating in a report on Monday. Wells Fargo & Company boosted their target price on DoorDash from $239.00 to $280.00 and gave the company an "equal weight" rating in a report on Thursday, August 7th. Finally, Royal Bank Of Canada upped their price objective on DoorDash from $230.00 to $300.00 and gave the stock an "outperform" rating in a report on Thursday, August 7th. Twelve analysts have rated the stock with a hold rating, twenty-three have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, DoorDash presently has a consensus rating of "Moderate Buy" and an average target price of $263.88.

DoorDash Stock Performance

Shares of NASDAQ:DASH traded down $10.72 during trading on Monday, reaching $253.60. The company had a trading volume of 3,217,369 shares, compared to its average volume of 4,770,844. The firm has a market capitalization of $107.46 billion, a price-to-earnings ratio of 140.65 and a beta of 1.70. The company has a debt-to-equity ratio of 0.30, a current ratio of 2.07 and a quick ratio of 2.07. The stock's fifty day moving average price is $237.98 and its 200 day moving average price is $207.72. DoorDash has a fifty-two week low of $122.32 and a fifty-two week high of $278.15.

Hedge Funds Weigh In On DoorDash

A number of large investors have recently modified their holdings of DASH. Gilbert & Cook Inc. boosted its holdings in DoorDash by 2.6% in the second quarter. Gilbert & Cook Inc. now owns 1,685 shares of the company's stock valued at $415,000 after purchasing an additional 42 shares during the last quarter. Perigon Wealth Management LLC boosted its holdings in DoorDash by 1.3% in the second quarter. Perigon Wealth Management LLC now owns 3,701 shares of the company's stock valued at $912,000 after purchasing an additional 46 shares during the last quarter. Advisory Resource Group boosted its holdings in DoorDash by 0.8% in the second quarter. Advisory Resource Group now owns 5,774 shares of the company's stock valued at $1,423,000 after purchasing an additional 48 shares during the last quarter. GeoWealth Management LLC lifted its holdings in DoorDash by 3.7% during the 4th quarter. GeoWealth Management LLC now owns 1,428 shares of the company's stock worth $240,000 after buying an additional 51 shares during the last quarter. Finally, Yeomans Consulting Group Inc. lifted its holdings in DoorDash by 3.9% during the 2nd quarter. Yeomans Consulting Group Inc. now owns 1,369 shares of the company's stock worth $326,000 after buying an additional 51 shares during the last quarter. 90.64% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, Director Stanley Tang sold 45,410 shares of the firm's stock in a transaction dated Tuesday, July 1st. The stock was sold at an average price of $240.69, for a total value of $10,929,732.90. Following the transaction, the director directly owned 26,070 shares in the company, valued at $6,274,788.30. This trade represents a 63.53% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Tony Xu sold 44,244 shares of the firm's stock in a transaction dated Monday, June 16th. The stock was sold at an average price of $220.71, for a total value of $9,765,093.24. Following the completion of the transaction, the chief executive officer owned 520,450 shares in the company, valued at approximately $114,868,519.50. This trade represents a 7.84% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 635,187 shares of company stock valued at $147,955,804. 5.83% of the stock is owned by company insiders.

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.