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

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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

Powell speech, Apple results, OECD growth - what's moving markets

May 2, 2024 4:40 AM EDT

Investing.com -- Fed chief Jerome Powell appears to have calmed nerves on Wall Street, with futures looking positive. Apple is set to report results after the close, and a drop in revenue is expected, while the OECD has lifted its forecast for global growth this year. 


1. Powell eases rate hike fears


Federal Reserve Chair Jerome Powells comments at the conclusion of the central banks latest policy meeting soothed nerves, with the central bank maintaining its easing basis.


The Fed left interest rates on... More

DoorDash Inc. (DASH) PT Lowered to $140 at JMP Securities

May 2, 2024 3:36 AM EDT

JMP Securities analyst Andrew Boone lowered the price target on DoorDash Inc. (NASDAQ: DASH) to $140.00 (from $160.00) while maintaining a Market Outperform rating.... More

After-hours movers: Qualcomm, Carvana rise; DoorDash, Etsy, Fastly fall

May 1, 2024 4:49 PM EDT

After-Hours Stock Movers:

DoorDash (NASDAQ: DASH) fell 12% after it issued guidance for full year operating profit that trailed estimates.

Qualcomm (NASDAQ: QCOM) rose 4% after it published strong results for its second quarter and issued guidance that... 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

DoorDash disappoints Wall Street with downbeat quarterly core profit

May 1, 2024 4:07 PM EDT

By Granth Vanaik and Waylon Cunningham

(Reuters) - Shares of DoorDash sank more than 14% in extended trading on Wednesday after it projected second-quarter core profit below estimates, signaling that higher costs were offseting some gains from rising groceries and food orders.

The San Francisco-based online food delivery firm has been forced to increase minimum pay for its delivery workers after New York City and Seattle came up with new regulations.

"When I look at the business from Q4 to Q1, costs did go up," said CFO Ravi... More

DoorDash (DASH) Misses Q1 EPS by 3c

May 1, 2024 4:06 PM EDT

DoorDash (NASDAQ: DASH) reported Q1 EPS of ($0.06), $0.03 worse than the analyst estimate of ($0.03). Revenue for the quarter came in at $2.51 billion versus the consensus estimate of $2.45 billion.

Financial... More

DoorDash (DASH) May weekly option implied volatility into quarter results

May 1, 2024 10:17 AM EDT

DoorDash (NASDAQ: DASH) May weekly call option implied volatility is at 171, May is at 75; compared to its 52-week range of 32 to 64 into the expected release of quarter results today after the bell.

... More

Fed meeting, Amazon results, struggling US consumers - what's moving markets

May 1, 2024 5:02 AM EDT

Investing.com -- The U.S. Federal Reserve concludes its latest policy-setting meeting later Wednesday, while Amazon's first-quarter results largely impressed. Crude prices have been hit by a large build in U.S. inventories, while Wall Street looks set to start the new month on a negative note. 


1. Powell in focus as Fed meeting concludes

The Federal Reserve concludes its latest two-day policy meeting later in the session - the marquee event for markets this week.


The U.S. central bank is... More

DoorDash (DASH) May weekly option implied volatility into quarter results

April 30, 2024 11:07 AM EDT

DoorDash (NASDAQ: DASH) May weekly call option implied volatility is at 131, May is at 68; compared to its 52-week range of 32 to 64 into the expected release of quarter results after the bell on May 1.

... More

DoorDash (DASH) May weekly 132 straddle into quarter results

April 30, 2024 3:57 AM EDT

DoorDash (NASDAQ: DASH) May weekly 132 straddle priced for a move of 10% into the expected release of quarter results after the bell on May 1.

... More