Wedbush Forecasts DoorDash’s Q2 Earnings (NASDAQ:DASH)

DoorDash, Inc. (NASDAQ:DASH) – Stock analysts at Wedbush dropped their Q2 2025 earnings estimates for shares of DoorDash in a note issued to investors on Tuesday, April 15th. Wedbush analyst S. Devitt now anticipates that the company will post earnings of $0.18 per share for the quarter, down from their prior forecast of $0.26. Wedbush currently has a “Neutral” rating and a $210.00 price target on the stock. The consensus estimate for DoorDash’s current full-year earnings is $2.22 per share. Wedbush also issued estimates for DoorDash’s FY2026 earnings at $3.26 EPS.

Other equities analysts have also recently issued reports about the company. Piper Sandler restated a “neutral” rating and issued a $210.00 target price (up from $160.00) on shares of DoorDash in a report on Wednesday, February 12th. UBS Group upped their price objective on shares of DoorDash from $200.00 to $204.00 and gave the company a “neutral” rating in a research note on Wednesday, February 12th. JPMorgan Chase & Co. dropped their target price on shares of DoorDash from $205.00 to $175.00 and set a “neutral” rating on the stock in a research report on Tuesday, April 8th. Royal Bank of Canada raised their price objective on shares of DoorDash from $215.00 to $230.00 and gave the stock an “outperform” rating in a research note on Wednesday, February 12th. Finally, Wells Fargo & Company lifted their price objective on shares of DoorDash from $198.00 to $201.00 and gave the stock an “equal weight” rating in a research report on Thursday, April 3rd. Ten investment analysts have rated the stock with a hold rating and twenty-three have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $208.88.

DoorDash Stock Performance

DoorDash stock opened at $181.24 on Wednesday. The firm has a market cap of $76.14 billion, a price-to-earnings ratio of 671.26 and a beta of 1.69. DoorDash has a 1 year low of $99.32 and a 1 year high of $215.25. The firm’s 50 day moving average price is $189.13 and its two-hundred day moving average price is $176.17.

Institutional Investors Weigh In On DoorDash

Several hedge funds and other institutional investors have recently made changes to their positions in the business. GeoWealth Management LLC grew its holdings in DoorDash by 3.7% in the 4th quarter. GeoWealth Management LLC now owns 1,428 shares of the company’s stock valued at $240,000 after buying an additional 51 shares during the last quarter. IFP Advisors Inc grew its stake in shares of DoorDash by 31.8% in the fourth quarter. IFP Advisors Inc now owns 224 shares of the company’s stock worth $37,000 after acquiring an additional 54 shares during the last quarter. MassMutual Private Wealth & Trust FSB increased its position in DoorDash by 34.0% during the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 272 shares of the company’s stock worth $46,000 after acquiring an additional 69 shares during the period. Avestar Capital LLC raised its stake in DoorDash by 1.1% during the 4th quarter. Avestar Capital LLC now owns 6,618 shares of the company’s stock valued at $1,110,000 after purchasing an additional 75 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC boosted its holdings in DoorDash by 0.7% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 11,744 shares of the company’s stock valued at $1,970,000 after purchasing an additional 84 shares during the period. 90.64% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, COO Prabir Adarkar sold 20,000 shares of the business’s stock in a transaction on Thursday, January 23rd. The shares were sold at an average price of $180.83, for a total value of $3,616,600.00. Following the completion of the sale, the chief operating officer now directly owns 925,222 shares in the company, valued at approximately $167,307,894.26. The trade was a 2.12 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Ravi Inukonda sold 15,198 shares of DoorDash stock in a transaction on Thursday, February 20th. The stock was sold at an average price of $204.11, for a total transaction of $3,102,063.78. Following the completion of the transaction, the chief financial officer now owns 351,970 shares in the company, valued at $71,840,596.70. This trade represents a 4.14 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 158,511 shares of company stock valued at $30,308,544 over the last three months. 7.92% of the stock is currently owned by insiders.

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.