DoorDash (DASH) Misses Q1 EPS by 3c

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DoorDash Inc. (DASH) PT Raised to $144 at Citi

May 2, 2024 6:05 AM EDT

Citi analyst Ronald Josey raised the price target on DoorDash Inc. (NASDAQ: DASH) to $144.00 (from $141.00) while maintaining a Buy rating.

The analyst comments "Although the debate post 1Q is likely to revolve around visibility and investments given 2Q24E GOV guidance was in-line... More

DoorDash Inc. (DASH) PT Lowered to $118 at Roth/MKM

May 2, 2024 5:20 AM EDT

Roth/MKM analyst Rohit Kulkami lowered the price target on DoorDash Inc. (NASDAQ: DASH) to $118.00 (from $121.00) while maintaining a Neutral rating.

The analyst comments "DASH was down -15% last night as the company reported a mixed-bag quarter with slight upside to 1Q... More

DoorDash stock tumbles 13% on Q1 print but analysts still bullish for long term

May 1, 2024 4:14 PM EDT

(Updated - May 2, 2024 5:07 AM EDT)

DoorDash (NASDAQ: DASH) reported mixed results for the fiscal first quarter, sending its shares tumbling 13% in premarket trading Thursday.

The delivery firm posted Q1 loss per share of $0.06, wider than the consensus estimate of $0.03. However, the company outperformed on revenue fronts, posting $2.51 billion against a consensus estimate of $2.45 billion.

Looking ahead to Q2, DoorDash projects its Marketplace Gross Order Value (GOV) to range between $19.0 billion and $19.4 billion.

The... More