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.

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