Cantor Fitzgerald Comments on DoorDash FY2026 Earnings

DoorDash, Inc. (NASDAQ:DASHFree Report) – Cantor Fitzgerald issued their FY2026 earnings per share estimates for DoorDash in a report released on Monday, June 9th. Cantor Fitzgerald analyst D. Mathivanan forecasts that the company will post earnings per share of $2.55 for the year. Cantor Fitzgerald has a “Overweight” rating and a $210.00 price objective on the stock. The consensus estimate for DoorDash’s current full-year earnings is $2.22 per share.

DASH has been the subject of a number of other reports. Oppenheimer reiterated a “hold” rating on shares of DoorDash in a report on Monday, March 10th. Mizuho lifted their target price on DoorDash from $200.00 to $222.00 and gave the company an “outperform” rating in a research report on Wednesday, February 12th. Citigroup reissued an “outperform” rating on shares of DoorDash in a research report on Monday, April 28th. Wells Fargo & Company cut their price objective on DoorDash from $201.00 to $198.00 and set an “equal weight” rating on the stock in a research report on Wednesday, May 7th. Finally, Stifel Nicolaus set a $198.00 price objective on DoorDash and gave the stock a “hold” rating in a research report on Tuesday. Eleven equities research analysts have rated the stock with a hold rating and twenty-five have issued a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $209.62.

Check Out Our Latest Report on DoorDash

DoorDash Trading Up 1.3%

Shares of DASH stock opened at $217.80 on Tuesday. DoorDash has a 12 month low of $99.32 and a 12 month high of $220.88. The firm has a market capitalization of $92.29 billion, a price-to-earnings ratio of 806.67 and a beta of 1.67. The business’s 50-day moving average price is $194.44 and its 200-day moving average price is $187.25.

DoorDash (NASDAQ:DASHGet Free Report) last announced its quarterly earnings results on Tuesday, May 6th. The company reported $0.44 EPS for the quarter, beating analysts’ consensus estimates of $0.39 by $0.05. DoorDash had a return on equity of 1.67% and a net margin of 1.15%. The firm had revenue of $3.03 billion for the quarter, compared to analyst estimates of $3.10 billion. During the same period last year, the firm posted ($0.06) earnings per share. The business’s revenue for the quarter was up 20.7% on a year-over-year basis.

Insider Buying and Selling

In related news, CFO Ravi Inukonda sold 14,715 shares of DoorDash stock in a transaction that occurred on Monday, March 24th. The stock was sold at an average price of $196.52, for a total transaction of $2,891,791.80. Following the sale, the chief financial officer now directly owns 338,055 shares in the company, valued at $66,434,568.60. The trade was a 4.17% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Andy Fang sold 30,000 shares of the business’s stock in a transaction on Thursday, June 5th. The stock was sold at an average price of $217.52, for a total value of $6,525,600.00. Following the completion of the transaction, the director now owns 22,545 shares of the company’s stock, valued at $4,903,988.40. This represents a 57.09% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 298,030 shares of company stock worth $59,433,406 in the last ninety days. 5.83% of the stock is owned by insiders.

Institutional Trading of DoorDash

A number of hedge funds have recently bought and sold shares of the company. Saudi Central Bank bought a new stake in DoorDash during the first quarter valued at about $25,000. WPG Advisers LLC purchased a new stake in shares of DoorDash in the first quarter worth about $26,000. Pacific Center for Financial Services purchased a new stake in DoorDash during the first quarter valued at approximately $27,000. Pittenger & Anderson Inc. purchased a new stake in DoorDash during the fourth quarter valued at approximately $29,000. Finally, Denver PWM LLC purchased a new stake in shares of DoorDash in the fourth quarter worth approximately $30,000. Hedge funds and other institutional investors own 90.64% of the company’s stock.

DoorDash Company Profile

(Get Free Report)

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.

See Also

Earnings History and Estimates for DoorDash (NASDAQ:DASH)

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.