DoorDash (DASH) Projected to Post Quarterly Earnings on Wednesday

DoorDash (NASDAQ:DASH) is expected to post its Q1 2025 quarterly earnings results after the market closes on Wednesday, May 7th. Analysts expect DoorDash to post earnings of $0.39 per share and revenue of $3.10 billion for the quarter.

DoorDash Stock Performance

NASDAQ DASH opened at $205.40 on Tuesday. The firm’s fifty day moving average price is $185.64 and its two-hundred day moving average price is $180.16. The stock has a market cap of $86.29 billion, a PE ratio of 760.74 and a beta of 1.68. DoorDash has a fifty-two week low of $99.32 and a fifty-two week high of $215.25.

Analyst Ratings Changes

A number of brokerages have issued reports on DASH. Benchmark reaffirmed a “buy” rating on shares of DoorDash in a report on Tuesday, April 29th. Truist Financial upped their price objective on DoorDash from $217.00 to $235.00 and gave the company a “buy” rating in a research note on Wednesday, February 12th. Evercore ISI reiterated an “outperform” rating on shares of DoorDash in a research report on Monday, March 10th. Morgan Stanley reduced their target price on shares of DoorDash from $245.00 to $210.00 and set an “overweight” rating on the stock in a report on Thursday, April 17th. Finally, Mizuho lifted their price target on shares of DoorDash from $200.00 to $222.00 and gave the stock an “outperform” rating in a report on Wednesday, February 12th. Ten research analysts have rated the stock with a hold rating and twenty-three have given a buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $209.66.

Insider Buying and Selling

In other DoorDash news, Director Stanley Tang sold 45,410 shares of the company’s stock in a transaction on Tuesday, April 1st. The shares were sold at an average price of $181.21, for a total transaction of $8,228,746.10. Following the transaction, the director now owns 18,285 shares in the company, valued at approximately $3,313,424.85. This represents a 71.29 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, General Counsel Tia Sherringham sold 12,088 shares of DoorDash stock in a transaction dated Thursday, February 20th. The shares were sold at an average price of $203.45, for a total transaction of $2,459,303.60. Following the transaction, the general counsel now owns 122,135 shares of the company’s stock, valued at $24,848,365.75. This represents a 9.01 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 158,511 shares of company stock worth $30,394,673 in the last ninety days. Corporate insiders own 7.92% of the company’s stock.

Institutional Trading of DoorDash

An institutional investor recently raised its position in DoorDash stock. Brighton Jones LLC raised its stake in shares of DoorDash, Inc. (NASDAQ:DASH) by 24.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,336 shares of the company’s stock after acquiring an additional 1,807 shares during the period. Brighton Jones LLC’s holdings in DoorDash were worth $1,566,000 as of its most recent SEC filing. Institutional investors own 90.64% of the company’s stock.

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.