Research Analysts Issue Forecasts for DoorDash Q2 Earnings

DoorDash, Inc. (NASDAQ:DASH - Free Report) - Equities researchers at Zacks Research raised their Q2 2025 earnings per share (EPS) estimates for DoorDash in a report released on Wednesday, May 28th. Zacks Research analyst R. Department now forecasts that the company will post earnings of $0.38 per share for the quarter, up from their prior forecast of $0.29. The consensus estimate for DoorDash's current full-year earnings is $2.22 per share. Zacks Research also issued estimates for DoorDash's FY2025 earnings at $1.98 EPS.

DASH has been the subject of a number of other reports. Needham & Company LLC lifted their price target on shares of DoorDash from $225.00 to $230.00 and gave the company a "buy" rating in a research report on Wednesday, May 7th. Roth Capital set a $191.00 price objective on shares of DoorDash and gave the company a "neutral" rating in a research report on Wednesday, May 7th. Wedbush restated an "outperform" rating on shares of DoorDash in a research report on Wednesday, May 7th. Oppenheimer restated a "hold" rating on shares of DoorDash in a research report on Monday, March 10th. Finally, KeyCorp lowered their price objective on shares of DoorDash from $240.00 to $230.00 and set an "overweight" rating for the company in a research report on Tuesday, April 15th. Eleven equities research analysts have rated the stock with a hold rating and twenty-four have issued a buy rating to the company. Based on data from MarketBeat.com, DoorDash has a consensus rating of "Moderate Buy" and a consensus price target of $209.97.

DoorDash Stock Performance

Shares of NASDAQ DASH traded up $4.14 during midday trading on Monday, reaching $212.79. The company's stock had a trading volume of 4,526,386 shares, compared to its average volume of 4,199,655. DoorDash has a fifty-two week low of $99.32 and a fifty-two week high of $215.25. The business's 50 day moving average price is $189.04 and its two-hundred day moving average price is $185.05. The company has a market cap of $90.17 billion, a P/E ratio of 788.11 and a beta of 1.68.

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

Insider Transactions at DoorDash

In related news, General Counsel Tia Sherringham sold 7,546 shares of the company's stock in a transaction dated Friday, May 23rd. The shares were sold at an average price of $204.56, for a total value of $1,543,609.76. Following the sale, the general counsel now owns 129,514 shares in the company, valued at $26,493,383.84. This represents a 5.51% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Keith Yandell sold 5,410 shares of the company's stock in a transaction dated Friday, May 23rd. The stock was sold at an average price of $204.53, for a total transaction of $1,106,507.30. Following the completion of the sale, the insider now owns 104,922 shares in the company, valued at $21,459,696.66. This represents a 4.90% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 222,736 shares of company stock valued at $43,334,336 in the last 90 days. 5.83% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On DoorDash

Institutional investors and hedge funds have recently made changes to their positions in the business. Brighton Jones LLC raised its holdings in shares of DoorDash by 24.0% in the 4th quarter. Brighton Jones LLC now owns 9,336 shares of the company's stock worth $1,566,000 after acquiring an additional 1,807 shares during the last quarter. Calamos Advisors LLC grew its position in DoorDash by 11.6% in the 4th quarter. Calamos Advisors LLC now owns 173,664 shares of the company's stock worth $29,132,000 after purchasing an additional 18,100 shares in the last quarter. Principal Financial Group Inc. grew its position in DoorDash by 2.9% in the 4th quarter. Principal Financial Group Inc. now owns 93,382 shares of the company's stock worth $15,665,000 after purchasing an additional 2,596 shares in the last quarter. Jones Financial Companies Lllp grew its position in DoorDash by 36.2% in the 4th quarter. Jones Financial Companies Lllp now owns 1,926 shares of the company's stock worth $323,000 after purchasing an additional 512 shares in the last quarter. Finally, Truist Financial Corp grew its position in DoorDash by 35.1% in the 4th quarter. Truist Financial Corp now owns 8,597 shares of the company's stock worth $1,442,000 after purchasing an additional 2,233 shares in the last quarter. Institutional investors and hedge funds 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.