William Blair Has Weak Outlook for DoorDash FY2025 Earnings

DoorDash, Inc. (NASDAQ:DASH) – Equities researchers at William Blair reduced their FY2025 earnings per share estimates for shares of DoorDash in a note issued to investors on Thursday, November 6th. William Blair analyst R. Schackart now expects that the company will post earnings of $2.15 per share 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 announced its quarterly earnings data on Wednesday, November 5th. The company reported $0.55 EPS for the quarter, missing the consensus estimate of $0.68 by ($0.13). The business 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 business’s revenue was up 27.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.38 earnings per share.

A number of other equities research analysts have also recently commented on DASH. Cantor Fitzgerald dropped their target price on DoorDash from $330.00 to $270.00 and set an “overweight” rating on the stock in a research report on Thursday, November 6th. The Goldman Sachs Group dropped their price target on DoorDash from $315.00 to $279.00 and set a “buy” rating for the company in a research report on Friday, November 7th. DA Davidson reissued a “neutral” rating and issued a $260.00 price target on shares of DoorDash in a research note on Thursday, November 6th. Evercore ISI reiterated an “outperform” rating and set a $360.00 price objective (up previously from $240.00) on shares of DoorDash in a research report on Friday, August 8th. Finally, Loop Capital reiterated a “buy” rating on shares of DoorDash in a report on Tuesday, July 15th. Four equities research analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and eleven have issued a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $280.62.

DoorDash Stock Performance

DASH opened at $200.63 on Monday. The stock has a market cap of $85.71 billion, a P/E ratio of 101.84 and a beta of 1.70. The company has a debt-to-equity ratio of 0.29, a current ratio of 2.04 and a quick ratio of 2.04. The firm has a fifty day moving average price of $257.06 and a 200 day moving average price of $238.27. DoorDash has a 1 year low of $155.40 and a 1 year high of $285.50.

Insider Activity at DoorDash

In other DoorDash news, Director Andy Fang sold 30,000 shares of the firm’s stock in a transaction that occurred on Tuesday, September 2nd. The shares were sold at an average price of $243.32, for a total transaction of $7,299,600.00. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO Tony Xu sold 291,403 shares of DoorDash stock in a transaction on Wednesday, August 20th. The stock was sold at an average price of $238.19, for a total transaction of $69,409,280.57. Following the sale, the chief executive officer owned 229,047 shares in the company, valued at $54,556,704.93. This represents a 55.99% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 825,277 shares of company stock valued at $205,015,591. Company insiders own 5.83% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of DASH. Night Squared LP acquired a new stake in DoorDash in the first quarter valued at about $2,780,000. Mutual of America Capital Management LLC acquired a new position in DoorDash during the 1st quarter worth approximately $7,200,000. Public Investment Fund raised its stake in shares of DoorDash by 68.3% during the 1st quarter. Public Investment Fund now owns 821,389 shares of the company’s stock worth $150,125,000 after buying an additional 333,369 shares in the last quarter. Ardmore Road Asset Management LP lifted 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 valued at $14,622,000 after buying an additional 5,000 shares during the period. Finally, Junto Capital Management LP purchased a new stake in shares of DoorDash in the first quarter valued at approximately $29,261,000. 90.64% of the stock is currently owned by institutional investors and hedge funds.

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.