Equities Analysts Issue Forecasts for DoorDash Q2 Earnings

DoorDash, Inc. (NASDAQ:DASH - Free Report) - Stock analysts at Wedbush cut their Q2 2025 earnings per share estimates for DoorDash in a research report issued to clients and investors on Tuesday, April 15th. Wedbush analyst S. Devitt now anticipates that the company will post earnings per share of $0.18 for the quarter, down from their previous estimate of $0.26. Wedbush currently has a "Neutral" rating and a $210.00 price target 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.

A number of other analysts also recently issued reports on DASH. FBN Securities started coverage on DoorDash in a research note on Friday, March 28th. They issued an "outperform" rating and a $230.00 price objective on the stock. Mizuho upped their target price on DoorDash from $200.00 to $222.00 and gave the company an "outperform" rating in a research note on Wednesday, February 12th. Evercore ISI reaffirmed an "outperform" rating on shares of DoorDash in a research note on Monday, March 10th. Barclays lifted their target price on DoorDash from $163.00 to $200.00 and gave the company an "equal weight" rating in a research report on Thursday, February 13th. Finally, Needham & Company LLC reiterated a "buy" rating on shares of DoorDash in a research note on Monday, March 3rd. Ten research analysts have rated the stock with a hold rating and twenty-three have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, DoorDash presently has a consensus rating of "Moderate Buy" and an average target price of $208.88.

DoorDash Stock Up 1.0 %

NASDAQ DASH traded up $1.85 on Wednesday, reaching $181.24. The company had a trading volume of 2,495,257 shares, compared to its average volume of 4,255,398. The stock has a market capitalization of $76.14 billion, a PE ratio of 671.26 and a beta of 1.69. DoorDash has a 12 month low of $99.32 and a 12 month high of $215.25. The firm's 50 day moving average price is $188.90 and its 200 day moving average price is $176.44.

Institutional Investors Weigh In On DoorDash

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Norges Bank purchased a new position in shares of DoorDash during the 4th quarter worth $597,443,000. Capital World Investors boosted its holdings in DoorDash by 26.4% in the 4th quarter. Capital World Investors now owns 12,153,265 shares of the company's stock valued at $2,038,712,000 after purchasing an additional 2,538,160 shares during the last quarter. Arrowstreet Capital Limited Partnership increased its holdings in shares of DoorDash by 67.1% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 4,654,891 shares of the company's stock worth $780,858,000 after buying an additional 1,869,866 shares during the last quarter. Franklin Resources Inc. raised its position in shares of DoorDash by 25.0% during the 4th quarter. Franklin Resources Inc. now owns 4,749,810 shares of the company's stock valued at $796,781,000 after buying an additional 949,414 shares during the period. Finally, Raymond James Financial Inc. acquired a new position in DoorDash in the fourth quarter valued at approximately $146,094,000. Institutional investors and hedge funds own 90.64% of the company's stock.

Insider Buying and Selling

In related news, insider Keith Yandell sold 8,116 shares of the firm's stock in a transaction dated Thursday, February 20th. The shares were sold at an average price of $203.45, for a total value of $1,651,200.20. Following the transaction, the insider now directly owns 105,162 shares of the company's stock, valued at approximately $21,395,208.90. This trade represents a 7.16 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Stanley Tang sold 45,410 shares of the business's stock in a transaction that occurred on Tuesday, April 1st. The stock was sold at an average price of $181.21, for a total value of $8,228,746.10. Following the sale, the director now owns 18,285 shares of the company's stock, valued at approximately $3,313,424.85. This trade represents a 71.29 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 158,511 shares of company stock valued at $30,308,544. 7.92% of the stock is owned by company insiders.

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.