Zacks Research Analysts Increase Earnings Estimates for DoorDash, Inc. (NASDAQ:DASH)

DoorDash, Inc. (NASDAQ:DASH) – Investment analysts at Zacks Research increased their Q1 2025 earnings per share (EPS) estimates for shares of DoorDash in a report issued on Wednesday, May 22nd. Zacks Research analyst R. Department now expects that the company will post earnings per share of $0.16 for the quarter, up from their previous forecast of $0.14. The consensus estimate for DoorDash’s current full-year earnings is $0.07 per share. Zacks Research also issued estimates for DoorDash’s Q3 2025 earnings at $0.26 EPS, FY2025 earnings at $1.04 EPS and Q1 2026 earnings at $0.89 EPS.

Several other brokerages also recently weighed in on DASH. Benchmark dropped their price objective on DoorDash from $165.00 to $150.00 and set a “buy” rating for the company in a research report on Thursday, May 2nd. Morgan Stanley upgraded shares of DoorDash from an “equal weight” rating to an “overweight” rating and upped their price objective for the stock from $135.00 to $145.00 in a research report on Thursday, February 22nd. Wedbush reaffirmed a “neutral” rating and set a $115.00 target price on shares of DoorDash in a research note on Thursday, May 2nd. Susquehanna boosted their price objective on DoorDash from $110.00 to $135.00 and gave the stock a “positive” rating in a research report on Tuesday, February 20th. Finally, Truist Financial dropped their target price on DoorDash from $155.00 to $145.00 and set a “buy” rating for the company in a research report on Thursday, May 2nd. Nine research analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $132.28.

DoorDash Stock Down 1.1 %

DASH opened at $110.39 on Thursday. The company has a 50-day simple moving average of $127.94 and a 200 day simple moving average of $113.89. The stock has a market capitalization of $45.14 billion, a price-to-earnings ratio of -102.21, a P/E/G ratio of 43.29 and a beta of 1.78. DoorDash has a twelve month low of $62.83 and a twelve month high of $143.34.

DoorDash (NASDAQ:DASH) last issued its quarterly earnings results on Wednesday, May 1st. The company reported ($0.06) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.07) by $0.01. The business had revenue of $2.51 billion for the quarter, compared to the consensus estimate of $2.45 billion. DoorDash had a negative return on equity of 6.28% and a negative net margin of 4.61%. The firm’s quarterly revenue was up 23.5% compared to the same quarter last year. During the same quarter in the prior year, the business posted ($0.41) earnings per share.

Insider Buying and Selling at DoorDash

In other news, CAO Gordon S. Lee sold 1,000 shares of the company’s stock in a transaction on Friday, March 1st. The stock was sold at an average price of $124.50, for a total transaction of $124,500.00. Following the transaction, the chief accounting officer now owns 92,207 shares of the company’s stock, valued at approximately $11,479,771.50. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. In related news, CEO Tony Xu sold 132,300 shares of the business’s stock in a transaction that occurred on Thursday, March 14th. The shares were sold at an average price of $131.96, for a total transaction of $17,458,308.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, CAO Gordon S. Lee sold 1,000 shares of the firm’s stock in a transaction dated Friday, March 1st. The shares were sold at an average price of $124.50, for a total value of $124,500.00. Following the completion of the sale, the chief accounting officer now directly owns 92,207 shares in the company, valued at approximately $11,479,771.50. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 415,698 shares of company stock valued at $56,026,819. Company insiders own 7.92% of the company’s stock.

Institutional Investors Weigh In On DoorDash

A number of institutional investors have recently made changes to their positions in DASH. Atria Investments Inc purchased a new position in DoorDash during the 1st quarter valued at about $1,337,000. Swedbank AB purchased a new position in shares of DoorDash during the first quarter valued at approximately $21,243,000. LRI Investments LLC purchased a new position in shares of DoorDash during the first quarter valued at approximately $105,000. Plato Investment Management Ltd raised its holdings in shares of DoorDash by 2,444.9% during the first quarter. Plato Investment Management Ltd now owns 12,190 shares of the company’s stock valued at $1,679,000 after acquiring an additional 11,711 shares in the last quarter. Finally, Western Pacific Wealth Management LP lifted its stake in DoorDash by 88.1% in the first quarter. Western Pacific Wealth Management LP now owns 1,853 shares of the company’s stock worth $255,000 after acquiring an additional 868 shares during the period. Hedge funds and other 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.