What is Zacks Research’s Forecast for DoorDash Q3 Earnings?

DoorDash, Inc. (NASDAQ:DASH) – Zacks Research raised their Q3 2025 EPS estimates for DoorDash in a report released on Wednesday, May 28th. Zacks Research analyst R. Department now forecasts that the company will post earnings of $0.56 per share for the quarter, up from their previous forecast of $0.43. The consensus estimate for DoorDash’s current full-year earnings is $2.22 per share. Zacks Research also issued estimates for DoorDash’s Q4 2025 earnings at $0.60 EPS, Q1 2026 earnings at $0.70 EPS, Q2 2026 earnings at $0.53 EPS, Q3 2026 earnings at $0.70 EPS, Q4 2026 earnings at $0.60 EPS, FY2026 earnings at $2.52 EPS, Q1 2027 earnings at $1.22 EPS and FY2027 earnings at $4.35 EPS.

A number of other equities research analysts also recently issued reports on DASH. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $230.00 price objective on shares of DoorDash in a research report on Wednesday, May 7th. JPMorgan Chase & Co. reduced their price objective on shares of DoorDash from $205.00 to $175.00 and set a “neutral” rating for the company in a research report on Tuesday, April 8th. Barclays upped their price objective on shares of DoorDash from $163.00 to $200.00 and gave the stock an “equal weight” rating in a research report on Thursday, February 13th. Cantor Fitzgerald reissued an “overweight” rating and set a $210.00 target price on shares of DoorDash in a research report on Wednesday, May 7th. Finally, Benchmark increased their target price on shares of DoorDash from $220.00 to $225.00 and gave the company a “buy” rating in a research report on Wednesday, May 7th. Eleven analysts have rated the stock with a hold rating and twenty-four have given a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $209.97.

DoorDash Stock Performance

Shares of DASH stock opened at $204.58 on Friday. DoorDash has a 52-week low of $99.32 and a 52-week high of $215.25. The company has a 50-day simple moving average of $188.91 and a two-hundred day simple moving average of $184.70. The company has a market capitalization of $86.69 billion, a price-to-earnings ratio of 757.70 and a beta of 1.68.

DoorDash (NASDAQ:DASH) last issued its quarterly earnings data on Tuesday, May 6th. The company reported $0.44 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.39 by $0.05. DoorDash had a net margin of 1.15% and a return on equity of 1.67%. The business had revenue of $3.03 billion during the quarter, compared to the consensus estimate of $3.10 billion. During the same period in the prior year, the firm posted ($0.06) EPS. The firm’s quarterly revenue was up 20.7% compared to the same quarter last year.

Institutional Trading of DoorDash

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Vanguard Group Inc. raised its position in shares of DoorDash by 25.8% during the 1st quarter. Vanguard Group Inc. now owns 39,397,286 shares of the company’s stock valued at $7,200,642,000 after buying an additional 8,073,882 shares in the last quarter. Capital World Investors raised its position in shares of DoorDash by 26.4% during the 4th quarter. Capital World Investors now owns 12,153,265 shares of the company’s stock valued at $2,038,712,000 after buying an additional 2,538,160 shares in the last quarter. Price T Rowe Associates Inc. MD grew its holdings in shares of DoorDash by 15.0% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 4,907,970 shares of the company’s stock valued at $897,031,000 after purchasing an additional 641,601 shares during the last quarter. Invesco Ltd. grew its holdings in shares of DoorDash by 41.9% during the 1st quarter. Invesco Ltd. now owns 4,799,851 shares of the company’s stock valued at $877,269,000 after purchasing an additional 1,416,194 shares during the last quarter. Finally, Franklin Resources Inc. grew its holdings 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 purchasing an additional 949,414 shares during the last quarter. Hedge funds and other institutional investors own 90.64% of the company’s stock.

Insiders Place Their Bets

In other news, COO Prabir Adarkar sold 20,000 shares of the firm’s stock in a transaction on Friday, March 28th. The shares were sold at an average price of $185.58, for a total transaction of $3,711,600.00. Following the sale, the chief operating officer now owns 887,348 shares in the company, valued at approximately $164,674,041.84. This trade represents a 2.20% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CFO Ravi Inukonda sold 14,296 shares of the firm’s stock in a transaction on Tuesday, May 27th. The shares were sold at an average price of $205.54, for a total transaction of $2,938,399.84. Following the sale, the chief financial officer now owns 380,037 shares in the company, valued at approximately $78,112,804.98. This trade represents a 3.63% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 222,736 shares of company stock worth $43,334,336 in the last three months. 5.83% of the stock is currently owned by corporate 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.