DoorDash, Inc. DASH is about to report its fourth-quarter outcomes on Tuesday after the closing bell. This is a glance at what to anticipate.
What To Watch: Traders can be awaiting updates on profitability tendencies, market GOV progress, and ahead steering from the corporate.
DoorDash’s annual subscriber disclosure can be anticipated with this quarterly report which confirmed subscribers had reached an all-time excessive of 18 million on the finish of 2023.
Learn Subsequent: Tremendous Micro Laptop Q2 Earnings Preview: Accounting Updates, Nasdaq Deadline On Watch
JMP analyst Andrew Boone launched an earnings preview word on DoorDash final Thursday and expects DoorDash to report better-than-expected outcomes based mostly on progress in restaurant and grocery order frequency, GOV, and new buyer preliminary order charges.
Boone additionally famous that DoorDash launched its offsite promoting resolution within the fourth quarter which may contribute to income progress. DoorDash’s advert load stays behind its friends however the firm has “substantial runway to increase its promoting enterprise over time,” the analyst stated.
JMP reiterated its Market Outperform ranking and $200 worth goal for DoorDash inventory.
DoorDash inventory has a consensus worth goal of $179.47 based mostly on the scores of 33 analysts, with the excessive being $225 issued by Keybanc in January and the low of $115 issued by Wedbush in August 2024.
Based on estimates from Benzinga Professional, analysts count on the corporate to report quarterly earnings of 33 cents per share on income of $2.84 billion. DoorDash beat earnings expectations for the third quarter by greater than 72%.
DASH Value Motion: Based on knowledge from Benzinga Professional, DoorDash shares ended Monday’s session up 7.49% at $34.69 on the time of publication Monday.
Learn Subsequent:
Picture: Shutterstock
Market Information and Information delivered to you by Benzinga APIs
© 2025 Benzinga.com. Benzinga doesn’t present funding recommendation. All rights reserved.
