What is Zacks Research’s Forecast for DoorDash Q2 Earnings?

DoorDash, Inc. (NASDAQ:DASH) – Zacks Research increased their Q2 2025 earnings per share (EPS) estimates for shares of DoorDash in a report issued on Wednesday, May 28th. Zacks Research analyst R. Department now expects that the company will post earnings of $0.38 per share for the quarter, up from their previous estimate of $0.29. The consensus estimate for DoorDash’s current full-year earnings is $2.22 per share. Zacks Research also issued estimates for DoorDash’s FY2025 earnings at $1.98 EPS.

Several other research firms have also recently issued reports on DASH. Mizuho lifted their price objective on DoorDash from $200.00 to $222.00 and gave the stock an “outperform” rating in a report on Wednesday, February 12th. FBN Securities initiated coverage on DoorDash in a report on Friday, March 28th. They issued an “outperform” rating and a $230.00 price objective on the stock. Truist Financial raised their target price on shares of DoorDash from $217.00 to $235.00 and gave the stock a “buy” rating in a research note on Wednesday, February 12th. Needham & Company LLC raised their target price on shares of DoorDash from $225.00 to $230.00 and gave the stock a “buy” rating in a research note on Wednesday, May 7th. Finally, JPMorgan Chase & Co. decreased their target price on shares of DoorDash from $205.00 to $175.00 and set a “neutral” rating on the stock in a research note on Tuesday, April 8th. Eleven equities research analysts have rated the stock with a hold rating and twenty-four have assigned a buy rating to the company’s stock. According to data from MarketBeat, DoorDash currently has a consensus rating of “Moderate Buy” and a consensus target price of $209.97.

DoorDash Trading Up 0.4%

DASH stock opened at $213.70 on Monday. DoorDash has a 12-month low of $99.32 and a 12-month high of $215.25. The stock has a market cap of $90.55 billion, a price-to-earnings ratio of 791.48 and a beta of 1.68. The business’s 50-day moving average is $189.83 and its 200 day moving average is $185.55.

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

Hedge Funds Weigh In On DoorDash

Several institutional investors have recently modified their holdings of the business. Strs Ohio acquired a new position in shares of DoorDash in the first quarter worth $15,752,000. Geneos Wealth Management Inc. grew its stake in shares of DoorDash by 14.9% in the first quarter. Geneos Wealth Management Inc. now owns 4,069 shares of the company’s stock worth $744,000 after acquiring an additional 527 shares in the last quarter. IFM Investors Pty Ltd grew its stake in shares of DoorDash by 9.5% in the first quarter. IFM Investors Pty Ltd now owns 61,803 shares of the company’s stock worth $11,296,000 after acquiring an additional 5,349 shares in the last quarter. Focus Partners Wealth grew its stake in shares of DoorDash by 251.6% in the first quarter. Focus Partners Wealth now owns 9,261 shares of the company’s stock worth $1,693,000 after acquiring an additional 6,627 shares in the last quarter. Finally, Capital Impact Advisors LLC acquired a new position in shares of DoorDash in the first quarter worth $10,790,000. Institutional investors and hedge funds own 90.64% of the company’s stock.

Insider Buying and Selling at DoorDash

In other DoorDash news, CFO Ravi Inukonda sold 14,715 shares of the business’s stock in a transaction that occurred on Monday, March 24th. The stock was sold at an average price of $196.52, for a total value of $2,891,791.80. Following the sale, the chief financial officer now owns 338,055 shares of the company’s stock, valued at $66,434,568.60. The trade was a 4.17% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Keith Yandell sold 5,410 shares of the business’s stock in a transaction that occurred on Friday, May 23rd. The shares were sold at an average price of $204.53, for a total value of $1,106,507.30. Following the completion of the sale, the insider now directly owns 104,922 shares in the company, valued at approximately $21,459,696.66. The trade was a 4.90% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 222,736 shares of company stock valued at $43,334,336 over the last quarter. 5.83% 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.