DoorDash (NASDAQ:DASH – Get Free Report) will be announcing its earnings results after the market closes on Wednesday, May 1st. Analysts expect the company to announce earnings of ($0.07) per share for the quarter. Persons that wish to listen to the company’s earnings conference call can do so using this link.
DoorDash (NASDAQ:DASH – Get Free Report) last posted its earnings results on Thursday, February 15th. The company reported ($0.39) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.15) by ($0.24). The firm had revenue of $2.30 billion during the quarter, compared to the consensus estimate of $2.25 billion. DoorDash had a negative return on equity of 8.49% and a negative net margin of 6.46%. The business’s revenue was up 26.7% compared to the same quarter last year. During the same quarter in the previous year, the company earned ($0.63) EPS. On average, analysts expect DoorDash to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.
DoorDash Price Performance
Shares of DASH stock opened at $129.36 on Wednesday. DoorDash has a one year low of $56.59 and a one year high of $143.34. The company has a market cap of $52.26 billion, a P/E ratio of -90.46, a P/E/G ratio of 14.15 and a beta of 1.79. The firm has a 50-day moving average of $130.81 and a 200-day moving average of $107.93.
Insider Buying and Selling
Analyst Ratings Changes
DASH has been the topic of several recent analyst reports. Wedbush lifted their target price on shares of DoorDash from $92.00 to $115.00 and gave the stock a “neutral” rating in a research report on Friday, February 16th. Jefferies Financial Group raised DoorDash from a “hold” rating to a “buy” rating and boosted their price objective for the stock from $90.00 to $130.00 in a research report on Monday, January 8th. Loop Capital assumed coverage on DoorDash in a research note on Friday, April 19th. They issued a “buy” rating and a $170.00 price objective for the company. Deutsche Bank Aktiengesellschaft lifted their target price on DoorDash from $140.00 to $155.00 and gave the stock a “buy” rating in a research note on Tuesday, April 16th. Finally, Susquehanna increased their price target on shares of DoorDash from $110.00 to $135.00 and gave the company a “positive” rating in a research report on Tuesday, February 20th. Nine research analysts have rated the stock with a hold rating and fifteen have given a buy rating to the company. According to data from MarketBeat, DoorDash has a consensus rating of “Moderate Buy” and an average price target of $130.52.
Read Our Latest Stock Report on DoorDash
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.
See Also
- Five stocks we like better than DoorDash
- What Are Dividend Challengers?
- Charles Schwab Fortifies its Uptrend on EPS Beat
- Best of the list of Dividend Aristocrats: Build wealth with the aristocrat index
- Lockheed Martin Stock Aims for a Fresh All-Time High
- The Significance of a Trillion-Dollar Market Cap Goes Beyond a Number
- Beyond the Halving: The Future of Bitcoin Mining Stocks
Receive News & Ratings for DoorDash Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for DoorDash and related companies with MarketBeat.com's FREE daily email newsletter.