Zacks Research Has Bullish Estimate for DoorDash Q3 Earnings

Key Points

• Zacks Research has raised its Q3 2025 earnings per share (EPS) estimate for DoorDash to $0.64, up from $0.63, maintaining a "Strong-Buy" rating on the stock.
• DoorDash's last quarterly earnings report showed an EPS of $0.65, exceeding analysts' expectations of $0.42, with revenue of $3.28 billion, a 24.9% year-over-year increase.
• Major analysts have raised their price targets for DoorDash, with Oppenheimer now targeting $310 and KeyCorp setting a target of $325.

DoorDash, Inc. (NASDAQ:DASH - Free Report) - Equities research analysts at Zacks Research boosted their Q3 2025 earnings per share (EPS) estimates for shares of DoorDash in a research note issued to investors on Tuesday, October 14th. Zacks Research analyst Team now anticipates that the company will post earnings of $0.64 per share for the quarter, up from their previous forecast of $0.63. Zacks Research has a "Strong-Buy" rating on the stock. 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 $2.40 EPS, Q1 2026 earnings at $0.79 EPS, Q2 2026 earnings at $0.67 EPS, Q3 2026 earnings at $0.82 EPS, Q4 2026 earnings at $0.70 EPS, FY2026 earnings at $2.97 EPS, Q1 2027 earnings at $1.40 EPS, Q2 2027 earnings at $0.87 EPS, Q3 2027 earnings at $1.13 EPS and FY2027 earnings at $5.12 EPS.

DoorDash (NASDAQ:DASH - Get Free Report) last issued its quarterly earnings data on Wednesday, August 6th. The company reported $0.65 earnings per share 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 analysts' expectations of $3.16 billion. DoorDash had a net margin of 6.57% and a return on equity of 9.56%. The company's revenue was up 24.9% on a year-over-year basis. During the same period in the previous year, the business earned ($0.38) earnings per share.

A number of other analysts also recently commented on DASH. Stifel Nicolaus boosted their price objective on DoorDash from $214.00 to $239.00 and gave the stock a "hold" rating in a research note on Thursday, August 7th. Oppenheimer boosted their price target on shares of DoorDash from $280.00 to $310.00 and gave the stock an "outperform" rating in a research report on Thursday, August 7th. Weiss Ratings reissued a "hold (c)" rating on shares of DoorDash in a report on Wednesday, October 8th. KeyCorp restated an "overweight" rating and set a $325.00 price objective (up previously from $295.00) on shares of DoorDash in a research report on Thursday, August 7th. Finally, Raymond James Financial reiterated a "strong-buy" rating and issued a $325.00 target price (up from $275.00) on shares of DoorDash in a report on Thursday, August 7th. Three analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and twelve have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $281.29.

DoorDash Trading Down 1.1%

DoorDash stock opened at $270.54 on Wednesday. The stock has a market capitalization of $115.57 billion, a PE ratio of 150.30 and a beta of 1.71. The company has a debt-to-equity ratio of 0.30, a current ratio of 2.07 and a quick ratio of 2.07. DoorDash has a 12-month low of $143.37 and a 12-month high of $285.08. The firm has a 50 day simple moving average of $259.03 and a 200-day simple moving average of $228.13.

Insider Buying and Selling

In related news, CEO Tony Xu sold 34,166 shares of the stock in a transaction dated Wednesday, October 1st. The stock was sold at an average price of $268.24, for a total value of $9,164,687.84. Following the completion of the sale, the chief executive officer directly owned 520,450 shares of the company's stock, valued at approximately $139,605,508. This represents a 6.16% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Stanley Tang sold 45,410 shares of the firm's stock in a transaction dated Wednesday, October 1st. The stock was sold at an average price of $268.23, for a total value of $12,180,324.30. The disclosure for this sale can be found here. Over the last three months, insiders have sold 968,137 shares of company stock valued at $241,767,280. 5.83% of the stock is currently owned by company insiders.

Institutional Trading of DoorDash

A number of hedge funds have recently made changes to their positions in DASH. Vanguard Group Inc. grew its position in DoorDash by 25.8% during the first quarter. Vanguard Group Inc. now owns 39,397,286 shares of the company's stock valued at $7,200,642,000 after purchasing an additional 8,073,882 shares in the last quarter. Norges Bank purchased a new stake in DoorDash in the 2nd quarter worth approximately $1,185,576,000. AQR Capital Management LLC boosted its stake in shares of DoorDash by 442.5% during the 1st quarter. AQR Capital Management LLC now owns 1,836,122 shares of the company's stock valued at $321,799,000 after buying an additional 1,497,636 shares during the period. Invesco Ltd. boosted its stake in shares of DoorDash by 41.9% during the 1st quarter. Invesco Ltd. now owns 4,799,851 shares of the company's stock valued at $877,269,000 after buying an additional 1,416,194 shares during the period. Finally, Nuveen LLC purchased a new position in shares of DoorDash during the 1st quarter valued at $211,415,000. 90.64% of the stock is owned by hedge funds and other institutional investors.

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.

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