DoorDash Releases Second Quarter 2024 Financial Results

DoorDash Inc. (DASH) PT Raised to $155 at Citi, Citi Defending, 'We emerge from DoorDash’s 2Q24 results incrementally positive on shares'

Citi analyst Ronald Josey raised the price target on DoorDash Inc. (NASDAQ: DASH) to $155.00 (from $144.00) while maintaining a Buy rating.

The analyst comments "We emerge from DoorDashs 2Q24 results incrementally positive on shares. Order frequency is expanding, U.S. MAUs grew double digits,... More

DoorDash Inc. (DASH) PT Raised to $124 at Roth/MKM

Roth/MKM analyst Rohit Kulkami raised the price target on DoorDash Inc. (NASDAQ: DASH) to $124.00 (from $118.00) while maintaining a Neutral rating.

The analyst comments "On Thur. night last week, DASH reported an impressive beat-and-raise earnings report. Shares closed +8% on Fri on a... More

DoorDash Inc. (DASH) PT Raised to $155 at Jefferies

Jefferies analyst John Colantuoni raised the price target on DoorDash Inc. (NASDAQ: DASH) to $155.00 (from $150.00) while maintaining a Buy rating.

The analyst comments "Updating model to reflect 2Q results and outlook; increasing PT to $155 (from $150): Our 2025 Revenue estimate increases by 1% to reflect... More

DoorDash Inc. (DASH) PT Raised to $155 at Evercore ISI

Evercore ISI analyst Mark Mahaney raised the price target on DoorDash Inc. (NASDAQ: DASH) to $155.00 (from $145.00) while maintaining a Outperform rating.

The analyst comments "We agree with the +12% move in the after market and continue to believe that DASH can maintain close to... More

DoorDash (DASH) Misses Q2 EPS by 29c, Revenue Beats

DoorDash (NASDAQ: DASH) reported Q2 EPS of ($0.38), $0.29 worse than the analyst estimate of ($0.09). Revenue for the quarter came in at $2.63 billion versus the consensus estimate of $2.54 billion.

Financial Outlook:

Period

Marketplace GOV

Adj. EBITDA

Q3

$19.4 billion - $19.8... More