William Blair Issues Positive Forecast for DoorDash Earnings

DoorDash, Inc. (NASDAQ:DASH) – Equities researchers at William Blair boosted their Q1 2025 earnings estimates for shares of DoorDash in a research report issued on Tuesday, February 11th. William Blair analyst R. Schackart now expects that the company will earn $0.36 per share for the quarter, up from their prior estimate of $0.34. The consensus estimate for DoorDash’s current full-year earnings is $0.29 per share. William Blair also issued estimates for DoorDash’s Q2 2025 earnings at $0.32 EPS and Q3 2025 earnings at $0.68 EPS.

DASH has been the topic of several other reports. Barclays raised their target price on DoorDash from $163.00 to $200.00 and gave the company an “equal weight” rating in a report on Thursday. UBS Group lifted their price objective on shares of DoorDash from $200.00 to $204.00 and gave the company a “neutral” rating in a research note on Wednesday. Oppenheimer upped their target price on shares of DoorDash from $180.00 to $235.00 and gave the company an “outperform” rating in a research note on Wednesday. Wedbush lifted their price target on shares of DoorDash from $160.00 to $210.00 and gave the stock a “neutral” rating in a research note on Wednesday. Finally, Wells Fargo & Company boosted their price objective on shares of DoorDash from $166.00 to $198.00 and gave the stock an “equal weight” rating in a report on Wednesday. Nine research analysts have rated the stock with a hold rating and twenty-five have given a buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $203.79.

DoorDash Price Performance

NASDAQ:DASH opened at $200.89 on Thursday. The business’s 50-day moving average is $178.00 and its two-hundred day moving average is $156.37. The firm has a market capitalization of $83.45 billion, a PE ratio of -446.42, a price-to-earnings-growth ratio of 2.04 and a beta of 1.72. DoorDash has a 12 month low of $99.32 and a 12 month high of $201.17.

Insider Activity

In other news, CEO Tony Xu sold 108,332 shares of DoorDash stock in a transaction that occurred on Friday, November 15th. The stock was sold at an average price of $170.25, for a total transaction of $18,443,523.00. Following the sale, the chief executive officer now owns 1,500 shares of the company’s stock, valued at approximately $255,375. The trade was a 98.63 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CFO Ravi Inukonda sold 1,425 shares of the stock in a transaction that occurred on Friday, January 24th. The stock was sold at an average price of $183.20, for a total value of $261,060.00. Following the completion of the transaction, the chief financial officer now directly owns 366,993 shares of the company’s stock, valued at $67,233,117.60. This trade represents a 0.39 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 1,040,758 shares of company stock valued at $181,434,201. Company insiders own 7.92% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the business. Rakuten Securities Inc. raised its stake in shares of DoorDash by 302.3% during the third quarter. Rakuten Securities Inc. now owns 173 shares of the company’s stock valued at $25,000 after purchasing an additional 130 shares in the last quarter. Pittenger & Anderson Inc. acquired a new stake in shares of DoorDash in the 4th quarter worth approximately $29,000. Denver PWM LLC acquired a new stake in shares of DoorDash in the 4th quarter worth approximately $30,000. Princeton Global Asset Management LLC bought a new position in shares of DoorDash in the fourth quarter valued at approximately $34,000. Finally, ORG Wealth Partners LLC acquired a new position in shares of DoorDash during the fourth quarter valued at approximately $36,000. Institutional investors and hedge funds own 90.64% of the company’s stock.

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.