DoorDash (NASDAQ:DASH – Get Free Report) is set to issue its quarterly earnings data after the market closes on Wednesday, October 30th. Analysts expect the company to announce earnings of $0.20 per share for the quarter. Persons interested in registering for the company’s earnings conference call can do so using this link.
DoorDash (NASDAQ:DASH – Get Free Report) last released its quarterly earnings results on Thursday, August 1st. The company reported ($0.38) EPS for the quarter, missing the consensus estimate of ($0.09) by ($0.29). The business had revenue of $2.63 billion during the quarter, compared to analyst estimates of $2.54 billion. DoorDash had a negative net margin of 4.24% and a negative return on equity of 5.91%. The company’s revenue was up 23.3% on a year-over-year basis. During the same quarter last year, the company posted ($0.44) earnings per share. On average, analysts expect DoorDash to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.
DoorDash Stock Down 0.2 %
NASDAQ DASH opened at $152.54 on Wednesday. DoorDash has a 12-month low of $69.90 and a 12-month high of $154.16. The firm has a 50-day moving average price of $135.83 and a two-hundred day moving average price of $122.98. The company has a market capitalization of $62.38 billion, a P/E ratio of -141.75, a P/E/G ratio of 425.82 and a beta of 1.70.
Insider Activity at DoorDash
Analyst Upgrades and Downgrades
DASH has been the topic of a number of analyst reports. Argus began coverage on DoorDash in a research report on Tuesday, July 23rd. They set a “hold” rating on the stock. BTIG Research raised DoorDash from a “neutral” rating to a “buy” rating and set a $155.00 price target for the company in a research note on Thursday, September 19th. Redburn Atlantic initiated coverage on shares of DoorDash in a research report on Friday, July 26th. They set a “buy” rating and a $170.00 price objective for the company. Evercore ISI increased their price objective on shares of DoorDash from $145.00 to $155.00 and gave the stock an “outperform” rating in a research note on Friday, August 2nd. Finally, Wedbush restated a “neutral” rating and issued a $115.00 target price on shares of DoorDash in a research report on Friday, August 2nd. Ten analysts have rated the stock with a hold rating and twenty-three have issued a buy rating to the company. Based on data from MarketBeat, DoorDash currently has a consensus rating of “Moderate Buy” and a consensus target price of $150.34.
Check Out Our Latest Research Report on DoorDash
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.
Featured Articles
- Five stocks we like better than DoorDash
- Utilities Stocks Explained – How and Why to Invest in Utilities
- How Verizon Could Offer Stress-Free Double-Digit Returns in 2025
- Stock Market Sectors: What Are They and How Many Are There?
- Can Roche Challenge Lilly and Novo in the Weight Loss Market?
- The Risks of Owning Bonds
- Roblox Stock: Key Metrics Surge, Is This the Perfect Entry?
Receive News & Ratings for DoorDash Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for DoorDash and related companies with MarketBeat.com's FREE daily email newsletter.