FY2025 EPS Estimates for DoorDash, Inc. Reduced by Analyst (NASDAQ:DASH)

DoorDash, Inc. (NASDAQ:DASH) – Equities researchers at Seaport Res Ptn dropped their FY2025 EPS estimates for shares of DoorDash in a note issued to investors on Wednesday, May 1st. Seaport Res Ptn analyst A. Kessler now expects that the company will post earnings of $1.27 per share for the year, down from their previous forecast of $1.41. The consensus estimate for DoorDash’s current full-year earnings is $0.21 per share.

DoorDash (NASDAQ:DASH) last released its earnings results on Wednesday, May 1st. The company reported ($0.06) EPS for the quarter, beating the consensus estimate of ($0.07) by $0.01. DoorDash had a negative return on equity of 6.38% and a negative net margin of 4.61%. The company had revenue of $2.51 billion during the quarter, compared to analysts’ expectations of $2.45 billion. During the same period in the prior year, the business posted ($0.41) EPS. The business’s revenue was up 23.5% on a year-over-year basis.

Other research analysts also recently issued reports about the company. Roth Mkm lowered their price objective on DoorDash from $121.00 to $118.00 and set a “neutral” rating for the company in a research note on Thursday. Needham & Company LLC reaffirmed a “buy” rating and set a $137.00 target price on shares of DoorDash in a research note on Thursday. Deutsche Bank Aktiengesellschaft boosted their price target on shares of DoorDash from $140.00 to $155.00 and gave the stock a “buy” rating in a research report on Tuesday, April 16th. Citigroup raised their price objective on shares of DoorDash from $141.00 to $144.00 and gave the company a “buy” rating in a research report on Thursday. Finally, Susquehanna boosted their target price on shares of DoorDash from $110.00 to $135.00 and gave the stock a “positive” rating in a report on Tuesday, February 20th. Nine equities research analysts have rated the stock with a hold rating and sixteen have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $129.96.

DoorDash Trading Down 0.4 %

Shares of DASH opened at $113.81 on Friday. The firm has a market cap of $45.98 billion, a price-to-earnings ratio of -105.84, a PEG ratio of 14.18 and a beta of 1.78. DoorDash has a 52 week low of $60.36 and a 52 week high of $143.34. The stock has a 50 day moving average of $132.02 and a 200-day moving average of $109.87.

Insider Activity at DoorDash

In other news, CEO Tony Xu sold 132,300 shares of the firm’s stock in a transaction dated Thursday, March 14th. The stock was sold at an average price of $131.96, for a total transaction of $17,458,308.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In related news, CFO Ravi Inukonda sold 7,000 shares of the company’s stock in a transaction on Tuesday, April 30th. The shares were sold at an average price of $130.95, for a total value of $916,650.00. Following the completion of the sale, the chief financial officer now directly owns 384,425 shares in the company, valued at $50,340,453.75. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Tony Xu sold 132,300 shares of the firm’s stock in a transaction dated Thursday, March 14th. The shares were sold at an average price of $131.96, for a total value of $17,458,308.00. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 487,782 shares of company stock valued at $64,046,807. Insiders own 9.59% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in DASH. Simplicity Solutions LLC boosted its holdings in shares of DoorDash by 7.0% during the 3rd quarter. Simplicity Solutions LLC now owns 4,375 shares of the company’s stock worth $348,000 after buying an additional 285 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund boosted its holdings in DoorDash by 2.1% during the third quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 57,300 shares of the company’s stock valued at $4,554,000 after acquiring an additional 1,200 shares during the period. SVB Wealth LLC grew its position in shares of DoorDash by 17.0% in the third quarter. SVB Wealth LLC now owns 10,043 shares of the company’s stock valued at $798,000 after purchasing an additional 1,458 shares during the last quarter. Xponance Inc. increased its stake in shares of DoorDash by 4.3% in the third quarter. Xponance Inc. now owns 36,951 shares of the company’s stock worth $2,936,000 after purchasing an additional 1,517 shares during the period. Finally, Raymond James & Associates increased its stake in shares of DoorDash by 62.3% in the third quarter. Raymond James & Associates now owns 12,551 shares of the company’s stock worth $997,000 after purchasing an additional 4,820 shares during the period. 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.