DoorDash (NASDAQ:DASH) Releases Earnings Results, Misses Estimates By $0.10 EPS

DoorDash (NASDAQ:DASH) announced its earnings results on Wednesday. The company reported $0.48 EPS for the quarter, missing analysts’ consensus estimates of $0.58 by ($0.10), Zacks reports. DoorDash had a net margin of 6.82% and a return on equity of 10.46%. The business had revenue of $3.96 billion during the quarter, compared to analyst estimates of $3.98 billion. During the same period in the previous year, the firm earned $0.33 earnings per share. The business’s revenue was up 37.7% compared to the same quarter last year.

Here are the key takeaways from DoorDash’s conference call:

• Deliveroo is off to a strong start post-acquisition, growing faster than before, gaining share in its largest markets and expected to contribute about $200 million of EBITDA in 2026 as previously guided.
• Management plans significant investments in a global tech replatform, autonomy, and merchant services with most redundant tech costs front‑loaded in 2026 (some carryover into 2027) to boost long‑term developer velocity and free‑cash‑flow potential while keeping full‑year EBITDA guidance intact.
• The new verticals (grocery/retail) business is growing rapidly and improving unit economics, with management targeting retail and grocery to be unit‑economic positive in the second half of 2026.
• DoorDash is advancing its autonomous delivery program (including live AV deliveries and the suburb‑capable DoorDash Dot), focusing on orchestration between AVs and Dashers as a long‑term cost and coverage lever.
• DashPass remains a core growth and retention driver with record subscriber additions, higher frequency from members, and scope to expand benefits and use cases to drive more orders over time.

DoorDash Price Performance

DASH stock opened at $176.19 on Friday. The firm has a 50 day moving average of $208.70 and a 200-day moving average of $231.84. The company has a market cap of $75.94 billion, a price-to-earnings ratio of 83.11 and a beta of 1.77. The company has a current ratio of 2.04, a quick ratio of 2.04 and a debt-to-equity ratio of 0.29. DoorDash has a 12-month low of $155.40 and a 12-month high of $285.50.

Analysts Set New Price Targets

DASH has been the subject of several analyst reports. Truist Financial upped their price objective on DoorDash from $330.00 to $340.00 and gave the company a “buy” rating in a research note on Thursday. The Goldman Sachs Group set a $267.00 target price on DoorDash in a report on Monday, February 2nd. Barclays decreased their price target on DoorDash from $238.00 to $220.00 and set an “equal weight” rating for the company in a report on Thursday. Piper Sandler reissued a “neutral” rating and issued a $220.00 price objective (down from $230.00) on shares of DoorDash in a research note on Thursday. Finally, Susquehanna cut their price objective on shares of DoorDash from $300.00 to $250.00 and set a “positive” rating for the company in a research report on Friday, November 7th. One research analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and nine have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $263.41.

Key DoorDash News

Here are the key news stories impacting DoorDash this week:

• Positive Sentiment: Strong top-line and order growth: Q4 revenue rose ~38% year-over-year and orders surged (~32%), which Wall Street said supports the company’s longer-term growth thesis and helped shares rebound after the initial miss. Article Title
• Positive Sentiment: Bullish analyst upgrades/raises: Truist raised its target to $340 (buy) and Bank of America raised its target to $272 (buy), signaling conviction from some institutional analysts that DoorDash’s recovery and expansion can drive outsized returns. Article Title
• Positive Sentiment: AI and diversification narrative: Coverage highlighting DoorDash as an “AI beneficiary” and its push beyond food (groceries, retail, logistics software) is supporting bullish positioning that the investment cycle will pay off over time. Article Title
• Neutral Sentiment: Mixed analyst reactions / institutional backdrop: MarketBeat and other coverage note a consensus “Moderate Buy” from analysts and heavy institutional accumulation over recent quarters — supportive for a rebound but accompanied by some target trims. Article Title
• Neutral Sentiment: Short-interest data shows no material short pressure (reporting anomalies show 0 shares), so short squeezes are unlikely to be driving intraday moves. (Data note: reported as 0 shares / 0 days.)
• Negative Sentiment: Earnings and revenue miss: Q4 EPS of $0.48 missed consensus (~$0.58) and revenue slightly missed expectations, prompting an initial sharp drop in the stock and signaling near-term profit pressure. Article Title
• Negative Sentiment: Near-term profit guidance and higher spending: Management signaled ramped-up investments (tech, international, Deliveroo stake) that are likely to dent Q1 profitability and keep margin expansion backloaded, which some investors view as a drag on near-term earnings. Article Title
• Negative Sentiment: Multiple price-target trims and cautious notes: Several firms lowered targets (Cantor Fitzgerald to $230, Needham to $265, DA Davidson to $224, Citizens Jmp to $250), reflecting concern about near-term execution/returns on increased spending even where ratings remain constructive. Article Title
• Negative Sentiment: Regulatory/operational risk flag: A risk bulletin flagged elevated pricing-transparency concerns — a reminder of regulatory and reputation risks that could pressure multiples if they escalate. Article Title

Insider Transactions at DoorDash

In other DoorDash news, Director Andy Fang sold 30,000 shares of the company’s stock in a transaction on Friday, January 2nd. The stock was sold at an average price of $222.52, for a total value of $6,675,600.00. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Alfred Lin purchased 389,047 shares of the company’s stock in a transaction dated Tuesday, November 25th. The stock was purchased at an average price of $193.81 per share, with a total value of $75,401,199.07. Following the transaction, the director owned 389,047 shares of the company’s stock, valued at approximately $75,401,199.07. This represents a ∞ increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders sold a total of 315,725 shares of company stock worth $67,969,184 over the last ninety days. 5.83% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On DoorDash

Several hedge funds have recently added to or reduced their stakes in DASH. Sunbelt Securities Inc. lifted its holdings in shares of DoorDash by 124.1% in the third quarter. Sunbelt Securities Inc. now owns 121 shares of the company’s stock valued at $33,000 after purchasing an additional 67 shares in the last quarter. Principal Securities Inc. raised its position in shares of DoorDash by 1.5% during the 4th quarter. Principal Securities Inc. now owns 5,385 shares of the company’s stock worth $1,220,000 after purchasing an additional 81 shares during the last quarter. GeoWealth Management LLC raised its position in shares of DoorDash by 7.6% during the 3rd quarter. GeoWealth Management LLC now owns 1,194 shares of the company’s stock worth $325,000 after purchasing an additional 84 shares during the last quarter. Geneos Wealth Management Inc. lifted its stake in DoorDash by 2.2% in the 2nd quarter. Geneos Wealth Management Inc. now owns 4,160 shares of the company’s stock valued at $1,025,000 after buying an additional 91 shares in the last quarter. Finally, UMB Bank n.a. grew its holdings in DoorDash by 8.7% during the 4th quarter. UMB Bank n.a. now owns 1,413 shares of the company’s stock valued at $320,000 after buying an additional 113 shares during the last quarter. 90.64% of the stock is currently owned by hedge funds and other institutional investors.

About DoorDash

DoorDash, Inc operates a technology-driven logistics and food-delivery marketplace that connects consumers, merchants and independent delivery contractors. The company’s core service enables customers to order from local restaurants and retailers through its app and website while DoorDash handles last-mile fulfillment via its network of drivers, known as “Dashers.” Over time the platform has broadened beyond restaurant deliveries to include groceries, convenience items and retail deliveries, positioning DoorDash as a broader on-demand logistics provider for consumer goods.

In addition to its marketplace, DoorDash offers a suite of products and services for consumers and businesses.