DoorDash, Inc. (NASDAQ:DASH – Free Report) – Investment analysts at William Blair issued their FY2026 earnings per share estimates for DoorDash in a note issued to investors on Wednesday, October 30th. William Blair analyst R. Schackart anticipates that the company will post earnings per share of $3.09 for the year. The consensus estimate for DoorDash’s current full-year earnings is $0.01 per share.
A number of other equities research analysts have also issued reports on DASH. JMP Securities lifted their target price on DoorDash from $160.00 to $190.00 and gave the company a “market outperform” rating in a research report on Thursday. The Goldman Sachs Group lifted their target price on DoorDash from $142.00 to $161.00 and gave the company a “neutral” rating in a research report on Friday. Wedbush reaffirmed a “neutral” rating and set a $115.00 price target on shares of DoorDash in a research report on Friday, August 2nd. Raymond James began coverage on DoorDash in a research report on Tuesday, September 24th. They set an “outperform” rating and a $155.00 price target on the stock. Finally, BTIG Research raised DoorDash from a “neutral” rating to a “buy” rating and set a $155.00 price target on the stock in a research report on Thursday, September 19th. Ten analysts have rated the stock with a hold rating and twenty-four have assigned a buy rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $163.12.
DoorDash Stock Performance
Shares of DoorDash stock opened at $155.66 on Friday. The business’s 50 day simple moving average is $140.40 and its 200 day simple moving average is $124.21. DoorDash has a 52-week low of $83.58 and a 52-week high of $165.07. The firm has a market cap of $64.06 billion, a PE ratio of -345.91, a P/E/G ratio of 331.02 and a beta of 1.70.
DoorDash (NASDAQ:DASH – Get Free Report) last released its quarterly earnings results on Wednesday, October 30th. The company reported $0.38 EPS for the quarter, topping analysts’ consensus estimates of $0.21 by $0.17. DoorDash had a negative return on equity of 2.46% and a negative net margin of 1.69%. The company had revenue of $2.71 billion for the quarter, compared to analyst estimates of $2.66 billion. During the same quarter last year, the firm posted ($0.19) earnings per share. DoorDash’s revenue was up 25.0% compared to the same quarter last year.
Hedge Funds Weigh In On DoorDash
A number of institutional investors have recently modified their holdings of the business. Brighton Jones LLC raised its holdings in shares of DoorDash by 0.8% during the 2nd quarter. Brighton Jones LLC now owns 10,317 shares of the company’s stock worth $1,122,000 after buying an additional 82 shares in the last quarter. Everhart Financial Group Inc. raised its holdings in shares of DoorDash by 3.1% during the 2nd quarter. Everhart Financial Group Inc. now owns 3,267 shares of the company’s stock worth $355,000 after buying an additional 99 shares in the last quarter. E Fund Management Co. Ltd. raised its holdings in shares of DoorDash by 3.5% during the 2nd quarter. E Fund Management Co. Ltd. now owns 3,263 shares of the company’s stock worth $355,000 after buying an additional 111 shares in the last quarter. SJS Investment Consulting Inc. raised its holdings in shares of DoorDash by 21.0% during the 2nd quarter. SJS Investment Consulting Inc. now owns 673 shares of the company’s stock worth $73,000 after buying an additional 117 shares in the last quarter. Finally, Meeder Advisory Services Inc. raised its holdings in shares of DoorDash by 4.4% during the 1st quarter. Meeder Advisory Services Inc. now owns 3,006 shares of the company’s stock worth $414,000 after buying an additional 126 shares in the last quarter. Institutional investors and hedge funds own 90.64% of the company’s stock.
Insider Activity
In other news, COO Prabir Adarkar sold 32,124 shares of the company’s stock in a transaction on Tuesday, October 15th. The stock was sold at an average price of $147.99, for a total transaction of $4,754,030.76. Following the completion of the sale, the chief operating officer now directly owns 963,094 shares in the company, valued at approximately $142,528,281.06. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. In other news, COO Prabir Adarkar sold 32,124 shares of the company’s stock in a transaction on Tuesday, October 15th. The stock was sold at an average price of $147.99, for a total transaction of $4,754,030.76. Following the completion of the sale, the chief operating officer now directly owns 963,094 shares in the company, valued at approximately $142,528,281.06. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO Tony Xu sold 81,249 shares of the company’s stock in a transaction on Tuesday, October 15th. The shares were sold at an average price of $147.87, for a total value of $12,014,289.63. The disclosure for this sale can be found here. In the last three months, insiders sold 383,710 shares of company stock worth $53,725,640. 7.92% of the stock is currently 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.
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