Wedbush Issues Negative Forecast for DoorDash Earnings

DoorDash, Inc. (NASDAQ:DASH) – Equities research analysts at Wedbush cut their Q2 2025 EPS estimates for DoorDash in a report released on Tuesday, April 15th. Wedbush analyst S. Devitt now anticipates that the company will earn $0.18 per share for the quarter, down from their prior estimate of $0.26. Wedbush has a “Neutral” rating and a $210.00 price objective 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 FY2026 earnings at $3.26 EPS.

Several other research firms have also weighed in on DASH. Piper Sandler reiterated a “neutral” rating and issued a $210.00 price objective (up previously from $160.00) on shares of DoorDash in a research note on Wednesday, February 12th. Benchmark raised their target price on DoorDash from $180.00 to $220.00 and gave the company a “buy” rating in a research note on Tuesday, February 11th. The Goldman Sachs Group increased their price target on DoorDash from $192.00 to $212.00 and gave the stock a “neutral” rating in a report on Wednesday, February 12th. Barclays upped their target price on DoorDash from $163.00 to $200.00 and gave the stock an “equal weight” rating in a research report on Thursday, February 13th. Finally, Loop Capital boosted their price target on shares of DoorDash from $200.00 to $235.00 and gave the company a “buy” rating in a research note on Monday, February 24th. Ten analysts have rated the stock with a hold rating and twenty-three have assigned a buy rating to the stock. According to data from MarketBeat.com, DoorDash presently has a consensus rating of “Moderate Buy” and an average price target of $208.56.

DoorDash Price Performance

NASDAQ DASH opened at $179.39 on Wednesday. DoorDash has a one year low of $99.32 and a one year high of $215.25. The business has a 50 day simple moving average of $189.36 and a 200 day simple moving average of $175.90. The stock has a market capitalization of $75.36 billion, a P/E ratio of 664.41 and a beta of 1.69.

Insider Activity

In other DoorDash news, Director Andy Fang sold 1,398 shares of the company’s stock in a transaction dated Thursday, February 20th. The stock was sold at an average price of $203.45, for a total value of $284,423.10. Following the transaction, the director now directly owns 14,778 shares in the company, valued at $3,006,584.10. This represents a 8.64 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Ravi Inukonda sold 1,425 shares of DoorDash stock in a transaction dated Friday, January 24th. The shares were sold at an average price of $183.20, for a total value of $261,060.00. Following the sale, the chief financial officer now owns 366,993 shares of the company’s stock, valued at approximately $67,233,117.60. This trade represents a 0.39 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 158,511 shares of company stock worth $30,308,544 over the last ninety days. Company insiders own 7.92% of the company’s stock.

Institutional Trading of DoorDash

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Swedbank AB raised its position in DoorDash by 3.3% during the fourth quarter. Swedbank AB now owns 171,055 shares of the company’s stock valued at $28,694,000 after purchasing an additional 5,539 shares in the last quarter. Sanctuary Advisors LLC lifted its position in DoorDash by 48.8% in the 3rd quarter. Sanctuary Advisors LLC now owns 10,663 shares of the company’s stock worth $1,522,000 after buying an additional 3,498 shares during the last quarter. LVW Advisors LLC purchased a new stake in DoorDash in the fourth quarter worth approximately $236,000. Nordea Investment Management AB grew its position in DoorDash by 37.5% during the fourth quarter. Nordea Investment Management AB now owns 1,746,379 shares of the company’s stock valued at $294,701,000 after acquiring an additional 476,360 shares during the last quarter. Finally, Retireful LLC raised its stake in shares of DoorDash by 121.4% during the fourth quarter. Retireful LLC now owns 9,621 shares of the company’s stock worth $1,614,000 after acquiring an additional 5,275 shares in the last quarter. Hedge funds and other institutional investors 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.