Q1 Earnings Forecast for DoorDash Issued By Wedbush

DoorDash, Inc. (NASDAQ:DASH) – Stock analysts at Wedbush issued their Q1 2025 earnings estimates for DoorDash in a research report issued to clients and investors on Thursday, October 31st. Wedbush analyst S. Devitt anticipates that the company will earn $0.25 per share for the quarter. Wedbush currently has a “Neutral” rating and a $115.00 target price on the stock. The consensus estimate for DoorDash’s current full-year earnings is $0.01 per share. Wedbush also issued estimates for DoorDash’s Q2 2025 earnings at $0.26 EPS, Q3 2025 earnings at $0.68 EPS, Q4 2025 earnings at $0.69 EPS and FY2026 earnings at $3.39 EPS.

DoorDash (NASDAQ:DASH) last issued its quarterly earnings data on Wednesday, October 30th. The company reported $0.38 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.21 by $0.17. DoorDash had a negative net margin of 1.69% and a negative return on equity of 2.46%. The company had revenue of $2.71 billion during the quarter, compared to the consensus estimate of $2.66 billion. During the same quarter in the prior year, the firm earned ($0.19) earnings per share. The firm’s revenue was up 25.0% compared to the same quarter last year.

Other research analysts also recently issued research reports about the stock. Royal Bank of Canada boosted their price target on shares of DoorDash from $165.00 to $175.00 and gave the stock an “outperform” rating in a research report on Thursday. Bank of America raised their target price on shares of DoorDash from $168.00 to $172.00 and gave the company a “buy” rating in a research note on Thursday. Oppenheimer raised their target price on shares of DoorDash from $145.00 to $160.00 and gave the stock an “outperform” rating in a report on Friday, September 27th. Wells Fargo & Company boosted their price objective on shares of DoorDash from $127.00 to $142.00 and gave the company an “equal weight” rating in a research report on Friday, October 4th. Finally, Susquehanna boosted their target price on shares of DoorDash from $140.00 to $180.00 and gave the company a “positive” rating in a report on Friday. Ten analysts have rated the stock with a hold rating and twenty-four have issued a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $163.12.

DoorDash Stock Down 0.7 %

Shares of DoorDash stock opened at $155.66 on Friday. The company has a 50-day simple moving average of $140.40 and a two-hundred day simple moving average of $124.21. The stock has a market capitalization of $64.06 billion, a price-to-earnings ratio of -345.91, a price-to-earnings-growth ratio of 331.02 and a beta of 1.70. DoorDash has a twelve month low of $83.58 and a twelve month high of $165.07.

Hedge Funds Weigh In On DoorDash

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Janus Henderson Group PLC boosted its position in shares of DoorDash by 11,416.7% in the first quarter. Janus Henderson Group PLC now owns 3,455,116 shares of the company’s stock worth $475,837,000 after buying an additional 3,425,115 shares during the period. Dragoneer Investment Group LLC grew its position in shares of DoorDash by 77.9% in the second quarter. Dragoneer Investment Group LLC now owns 2,847,537 shares of the company’s stock valued at $309,755,000 after purchasing an additional 1,246,567 shares during the last quarter. Canada Pension Plan Investment Board grew its position in DoorDash by 595.2% during the first quarter. Canada Pension Plan Investment Board now owns 891,879 shares of the company’s stock worth $122,830,000 after buying an additional 763,579 shares in the last quarter. Allspring Global Investments Holdings LLC boosted its holdings in DoorDash by 216.1% during the third quarter. Allspring Global Investments Holdings LLC now owns 1,082,362 shares of the company’s stock valued at $154,486,000 after purchasing an additional 739,961 shares in the last quarter. Finally, Jupiter Asset Management Ltd. raised its stake in shares of DoorDash by 3,284.7% in the second quarter. Jupiter Asset Management Ltd. now owns 729,779 shares of the company’s stock valued at $79,385,000 after acquiring an additional 708,218 shares during the last quarter. 90.64% of the stock is owned by institutional investors.

Insider Activity at DoorDash

In related news, Director Shona L. Brown sold 5,005 shares of DoorDash stock in a transaction on Monday, August 5th. The stock was sold at an average price of $120.00, for a total value of $600,600.00. Following the transaction, the director now owns 65,186 shares in the company, valued at approximately $7,822,320. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, Director Andy Fang sold 50,000 shares of the business’s stock in a transaction dated Thursday, September 12th. The stock was sold at an average price of $130.20, for a total value of $6,510,000.00. Following the transaction, the director now owns 18,089 shares in the company, valued at approximately $2,355,187.80. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Shona L. Brown sold 5,005 shares of the business’s stock in a transaction dated Monday, August 5th. The shares were sold at an average price of $120.00, for a total value of $600,600.00. Following the completion of the sale, the director now directly owns 65,186 shares of the company’s stock, valued at approximately $7,822,320. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 383,710 shares of company stock worth $53,725,640. 7.92% of the stock is owned by 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.