Zacks Research Has Positive Outlook for DoorDash Q1 Earnings

DoorDash, Inc. (NASDAQ:DASH) – Analysts at Zacks Research lifted their Q1 2026 earnings per share estimates for DoorDash in a research report issued to clients and investors on Tuesday, November 19th. Zacks Research analyst R. Department now expects that the company will earn $0.86 per share for the quarter, up from their prior estimate of $0.72. The consensus estimate for DoorDash’s current full-year earnings is $0.24 per share.

Several other research analysts also recently commented on DASH. Wedbush reaffirmed a “neutral” rating and issued a $115.00 price target on shares of DoorDash in a research note on Friday, August 2nd. Keefe, Bruyette & Woods raised shares of DoorDash from a “market perform” rating to an “outperform” rating and set a $177.00 target price on the stock in a research report on Wednesday, September 25th. Wells Fargo & Company boosted their price target on DoorDash from $127.00 to $142.00 and gave the company an “equal weight” rating in a report on Friday, October 4th. Benchmark raised their price objective on DoorDash from $152.00 to $173.00 and gave the stock a “buy” rating in a report on Thursday, October 17th. Finally, Loop Capital lifted their target price on DoorDash from $170.00 to $200.00 and gave the company a “buy” rating in a research report on Tuesday, November 12th. Ten research analysts have rated the stock with a hold rating and twenty-four have issued a buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $164.03.

DoorDash Trading Up 2.4 %

NASDAQ:DASH opened at $177.24 on Thursday. The company has a market cap of $73.63 billion, a price-to-earnings ratio of -393.87, a price-to-earnings-growth ratio of 14.82 and a beta of 1.67. DoorDash has a twelve month low of $92.56 and a twelve month high of $178.16. The stock has a fifty day simple moving average of $153.61 and a 200-day simple moving average of $128.87.

DoorDash (NASDAQ:DASH) last posted its quarterly earnings data on Wednesday, October 30th. The company reported $0.38 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.21 by $0.17. The company had revenue of $2.71 billion during the quarter, compared to analysts’ expectations of $2.66 billion. DoorDash had a negative return on equity of 2.41% and a negative net margin of 1.69%. DoorDash’s revenue was up 25.0% compared to the same quarter last year. During the same quarter in the previous year, the business earned ($0.19) EPS.

Insiders Place Their Bets

In related news, CEO Tony Xu sold 54,166 shares of the firm’s stock in a transaction on Monday, September 23rd. The stock was sold at an average price of $140.06, for a total value of $7,586,489.96. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Andy Fang sold 50,000 shares of DoorDash stock in a transaction dated Thursday, September 12th. The stock was sold at an average price of $130.20, for a total value of $6,510,000.00. Following the sale, the director now directly owns 18,089 shares of the company’s stock, valued at approximately $2,355,187.80. This represents a 73.43 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 547,753 shares of company stock valued at $84,544,996. 7.92% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of DASH. Rakuten Securities Inc. lifted its position in 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 during the period. Headlands Technologies LLC acquired a new position in shares of DoorDash in the 2nd quarter valued at about $32,000. Meeder Asset Management Inc. lifted its holdings in shares of DoorDash by 82.0% in the 2nd quarter. Meeder Asset Management Inc. now owns 293 shares of the company’s stock valued at $32,000 after buying an additional 132 shares during the period. Versant Capital Management Inc boosted its stake in shares of DoorDash by 340.8% in the second quarter. Versant Capital Management Inc now owns 335 shares of the company’s stock worth $36,000 after buying an additional 259 shares during the last quarter. Finally, Quest Partners LLC grew its holdings in DoorDash by 146.8% during the second quarter. Quest Partners LLC now owns 343 shares of the company’s stock worth $37,000 after acquiring an additional 204 shares during the period. 90.64% of the stock is currently owned by hedge funds and other institutional investors.

DoorDash Company Profile

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.