DoorDash Consensus Estimates Point To $33.7 Million In Positive EBITDA

DoorDash (NYSE: DASH) will be reporting their first-quarter financial results this evening after market close. Analysts have a consensus $172.27 12-month price target on the company, via a total of 20 analysts, with two analysts having strong buy ratings, four analysts having buy ratings, and 14 have hold ratings. The street high comes from JMP Securities with a $195 price target, and the lowest target sits at $153 from Evercore ISI.

19 analysts have revenue estimates for the first quarter. The mean revenue estimate between all 19 analysts is $993.32 million; this number has been revised upwards slightly from $975.61 million at the start of the year. The highest revenue estimate is $1.06 billion, while the lowest is $926 million.

The analyst consensus for net income for the first quarter is ($93.97) million, this is down from the start of the year at $31.06 million. The highest net income estimate is $0.5 million, while the lowest is ($269) million.

Onto EBITDA estimates, there are currently 17 analysts who have first-quarter EBITDA estimates. The mean is currently $33.65 million, with this number having been revised down from $98.91 million at the start of the year. The street high estimate currently sits at $48.90 million in EBITDA and the lowest is $22.87 million.

Analysts estimate that quarterly earnings per share will come in at ($0.26), with this number being down from $0.08 at the start of the year. The street high is $0.00 and the lowest estimate is ($0.70) per share for the quarter.


Information for this briefing was found via Sedar and Refinitiv. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Why Discipline Matters in a High Gold Price Market | Darren Hall – Equinox Gold

This Copper Junior Just Secured $96 Million | Simon Quick – Canadian Copper

This Gold Stock Just Doubled — And It Still Looks Cheap | Q-Gold Resources PEA

Recommended

Antimony Resources Drills 4.38% Sb Over 7.05 Metres At Bald Hill In Final Hole Of 2025 Program

Kirkland Lake Drills 121 Metres Of 1.01 g/t Gold At Mirado

Related News

Raymond James: Villages Farms Worth Upwards Of $27 Following Full Pure Sunfarms Ownership

Today, analyst Rahul Sarugaser from Raymond James sent out a note to investors about Village...

Tuesday, August 25, 2020, 04:25:08 PM

DoorDash To Charge McDonald’s Higher Fees For Slow Orders

DoorDash Inc. (NYSE: DASH) seems to be looking at cutting losses from slow order preparations....

Monday, February 14, 2022, 11:55:00 AM

Green Thumb: Haywood Drops Price Target To $40

Earlier this month, Green Thumb Industries (CSE: GTII) reported its fourth quarter and full year...

Thursday, March 10, 2022, 04:48:00 PM

BMO Downgrades Activision Blizzard, Says To “Take Profits, Step To Sidelines”

BMO’s analyst Gerrick Johnson is downgrading Activision Blizzard (NASDAQ: ATVI) to Market Perform and reducing...

Tuesday, October 13, 2020, 04:24:00 PM

Canaccord: Headwinds To Begin To Pressure Snap Inc Stock

On Thursday Snap Inc (NYSE: SNAP) reported its first-quarter financial results. The firm reported revenues...

Tuesday, April 26, 2022, 11:28:00 AM