William Blair Comments on DoorDash FY2026 Earnings

DoorDash, Inc. (NASDAQ:DASHFree Report) – Equities researchers at William Blair issued their FY2026 EPS estimates for shares of DoorDash in a research report issued on Wednesday, October 30th. William Blair analyst R. Schackart anticipates that the company will earn $3.09 per share for the year. The consensus estimate for DoorDash’s current full-year earnings is $0.01 per share.

DoorDash (NASDAQ:DASHGet Free Report) last released its earnings results on Wednesday, October 30th. The company reported $0.38 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.21 by $0.17. DoorDash had a negative return on equity of 2.46% and a negative net margin of 1.69%. The business had revenue of $2.71 billion during the quarter, compared to the consensus estimate of $2.66 billion. During the same period last year, the business posted ($0.19) earnings per share. The business’s revenue for the quarter was up 25.0% on a year-over-year basis.

Several other equities analysts also recently weighed in on the stock. Mizuho lifted their target price on shares of DoorDash from $162.00 to $173.00 and gave the stock an “outperform” rating in a research note on Thursday, October 24th. Redburn Atlantic began coverage on shares of DoorDash in a report on Friday, July 26th. They set a “buy” rating and a $170.00 target price on the stock. Jefferies Financial Group raised their price target on DoorDash from $155.00 to $180.00 and gave the stock a “buy” rating in a report on Tuesday, October 22nd. JPMorgan Chase & Co. boosted their price objective on DoorDash from $137.00 to $155.00 and gave the company a “neutral” rating in a research note on Thursday. Finally, Wells Fargo & Company raised their target price on DoorDash from $127.00 to $142.00 and gave the stock an “equal weight” rating in a research note on Friday, October 4th. Ten investment analysts have rated the stock with a hold rating and twenty-four have given a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $163.12.

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DoorDash Stock Performance

Shares of DASH opened at $155.66 on Friday. DoorDash has a fifty-two week low of $83.58 and a fifty-two week high of $165.07. The business has a 50-day moving average of $140.40 and a 200 day moving average of $124.21. The firm has a market cap of $64.06 billion, a P/E ratio of -345.91, a price-to-earnings-growth ratio of 331.02 and a beta of 1.70.

Hedge Funds Weigh In On DoorDash

A number of hedge funds and other institutional investors have recently made changes to their positions in DASH. Wealth Enhancement Advisory Services LLC boosted its position in DoorDash by 26.1% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 10,802 shares of the company’s stock valued at $1,488,000 after acquiring an additional 2,237 shares in the last quarter. Allspring Global Investments Holdings LLC grew its stake in DoorDash by 38.5% in the first quarter. Allspring Global Investments Holdings LLC now owns 271,024 shares of the company’s stock worth $37,325,000 after purchasing an additional 75,272 shares during the period. Sumitomo Mitsui Trust Holdings Inc. raised its holdings in DoorDash by 7.4% in the first quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 689,785 shares of the company’s stock worth $94,997,000 after purchasing an additional 47,725 shares in the last quarter. Norden Group LLC purchased a new position in DoorDash during the first quarter valued at $1,135,000. Finally, First Trust Direct Indexing L.P. boosted its holdings in shares of DoorDash by 10.1% during the 1st quarter. First Trust Direct Indexing L.P. now owns 4,780 shares of the company’s stock valued at $658,000 after buying an additional 437 shares in the last quarter. Institutional investors own 90.64% of the company’s stock.

Insider Transactions at DoorDash

In related news, Director Shona L. Brown sold 5,005 shares of the stock in a transaction dated Monday, August 5th. The stock was sold at an average price of $120.00, for a total transaction of $600,600.00. Following the completion of the sale, the director now directly owns 65,186 shares in the company, valued at $7,822,320. This represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. In other DoorDash news, CEO Tony Xu sold 54,166 shares of the business’s stock in a transaction dated Tuesday, August 6th. The shares were sold at an average price of $123.43, for a total value of $6,685,709.38. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Shona L. Brown sold 5,005 shares of the stock in a transaction dated Monday, August 5th. The stock was sold at an average price of $120.00, for a total transaction of $600,600.00. Following the sale, the director now owns 65,186 shares of the company’s stock, valued at approximately $7,822,320. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 383,710 shares of company stock worth $53,725,640. Company insiders own 7.92% of the company’s stock.

About DoorDash

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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.

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Earnings History and Estimates for DoorDash (NASDAQ:DASH)

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