William Blair Issues Negative Estimate for DoorDash Earnings

DoorDash, Inc. (NASDAQ:DASH) – Research analysts at William Blair decreased their FY2025 EPS estimates for shares of DoorDash in a research note issued on Thursday, November 6th. William Blair analyst R. Schackart now expects that the company will post earnings per share of $2.15 for the year, down from their previous forecast of $2.36. The consensus estimate for DoorDash’s current full-year earnings is $2.22 per share. William Blair also issued estimates for DoorDash’s Q1 2026 earnings at $0.55 EPS, Q2 2026 earnings at $0.66 EPS, Q3 2026 earnings at $0.67 EPS, Q4 2026 earnings at $0.97 EPS and FY2026 earnings at $2.86 EPS.

DoorDash (NASDAQ:DASH) last released its earnings results on Wednesday, November 5th. The company reported $0.55 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.68 by ($0.13). The company had revenue of $3.45 billion for the quarter, compared to analyst estimates of $3.35 billion. DoorDash had a net margin of 6.83% and a return on equity of 9.97%. The firm’s revenue was up 27.3% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.38 EPS.

DASH has been the subject of a number of other reports. The Goldman Sachs Group decreased their target price on DoorDash from $315.00 to $279.00 and set a “buy” rating for the company in a research report on Friday. Sanford C. Bernstein raised their price objective on DoorDash from $210.00 to $265.00 and gave the company an “outperform” rating in a research note on Monday, July 21st. Oppenheimer restated an “outperform” rating and set a $280.00 price objective on shares of DoorDash in a report on Thursday. JMP Securities increased their target price on DoorDash from $250.00 to $335.00 and gave the stock a “market outperform” rating in a report on Thursday, August 7th. Finally, Loop Capital reissued a “buy” rating on shares of DoorDash in a research report on Tuesday, July 15th. Four research analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and eleven have issued a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $280.62.

DoorDash Trading Down 0.1%

DASH opened at $204.08 on Monday. The company has a fifty day moving average price of $257.92 and a two-hundred day moving average price of $238.18. DoorDash has a 1-year low of $155.40 and a 1-year high of $285.50. The company has a market cap of $87.18 billion, a P/E ratio of 103.59 and a beta of 1.70. The company has a current ratio of 2.04, a quick ratio of 2.04 and a debt-to-equity ratio of 0.29.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the company. Night Squared LP purchased a new position in DoorDash in the first quarter valued at about $2,780,000. Mutual of America Capital Management LLC purchased a new stake in shares of DoorDash during the 1st quarter worth approximately $7,200,000. Public Investment Fund raised its holdings in shares of DoorDash by 68.3% in the 1st quarter. Public Investment Fund now owns 821,389 shares of the company’s stock worth $150,125,000 after purchasing an additional 333,369 shares during the period. Ardmore Road Asset Management LP raised its holdings in shares of DoorDash by 6.7% in the 1st quarter. Ardmore Road Asset Management LP now owns 80,000 shares of the company’s stock worth $14,622,000 after purchasing an additional 5,000 shares during the period. Finally, Junto Capital Management LP purchased a new position in DoorDash in the first quarter valued at approximately $29,261,000. 90.64% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, Director Andy Fang sold 30,000 shares of the company’s stock in a transaction on Tuesday, September 2nd. The stock was sold at an average price of $243.32, for a total transaction of $7,299,600.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Stanley Tang sold 45,410 shares of the stock in a transaction on Tuesday, September 2nd. The shares were sold at an average price of $243.31, for a total value of $11,048,707.10. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 825,277 shares of company stock worth $205,015,591 in the last ninety days. Corporate insiders own 5.83% 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.