DoorDash Q2 Earnings: Expectations and Analysis

DoorDash is set to announce its Q2 earnings after the market closes on Aug. 6. Analysts expect a profit of $0.42 per share, up from a loss of $0.38 per share in the year-ago quarter. For fiscal 2025, analysts expect an EPS of $2.16, significantly up from $0.29 in fiscal 2024. DASH stock prices have soared 129.5% over the past 52 weeks, significantly outperforming the S&P 500 Index and the Consumer Discretionary Select Sector SPDR Fund.

DoorDash, Inc. (DASH) is set to release its second-quarter (Q2) earnings after the market closes on August 6. Analysts are anticipating a significant improvement in earnings, with expectations of a profit of $0.42 per share, a notable increase from the loss of $0.38 per share reported in the year-ago quarter. For the fiscal year 2025, analysts are projecting an earnings per share (EPS) of $2.16, a substantial improvement from the $0.29 reported in fiscal 2024.

The stock of DoorDash has experienced remarkable growth over the past year, soaring 129.5% over the past 52 weeks. This impressive performance has significantly outperformed the S&P 500 Index and the Consumer Discretionary Select Sector SPDR Fund, demonstrating the company's robust financial health and market position.

Analysts from various firms have provided their insights into DoorDash's earnings expectations. Bernstein Research has raised its price target for DoorDash to $265, citing confidence in the company's fundamentals and anticipating strong growth in Gross Order Value (GOV) [1]. Similarly, Raymond James has maintained its Strong Buy rating while raising its price target to $275, projecting potential upside to approximately $3 billion in ad revenue by 2027 [2]. Loop Capital has set an even higher price target of $305, highlighting DoorDash's long-term growth potential and expansion into restaurant operations [2].

Despite the overall optimism, there are differing opinions among analysts. Jefferies has downgraded DoorDash from Buy to Hold, expressing concerns about the sustainability of current valuations, but raised its price target to $250 [2]. Citizens JMP raised its target to $250, noting multiple growth levers and potential margin expansion [2].

In recent months, DoorDash has been active in expanding its advertising capabilities. The company has launched nearly 10 new advertising innovations year-to-date, most in June, and recently acquired Symbiosys for off-site advertising capabilities [2]. These developments are expected to accelerate DoorDash’s advertising penetration in 2026 and 2027.

DoorDash is also preparing for its annual Summer of DashPass event, which will deliver five weeks of member-exclusive deals, further boosting customer engagement and loyalty [4]. Additionally, the company has been exploring new markets and verticals beyond food delivery, such as drone delivery in the Dallas-Fort Worth metroplex [3].

As investors and financial professionals await DoorDash's Q2 earnings announcement, the company's strong performance and growth prospects continue to generate interest. The upcoming earnings report will provide valuable insights into the company's financial health and future growth trajectory.

References:
[1] https://stockanalysis.com/stocks/dash/
[2] https://www.investing.com/news/analyst-ratings/doordash-stock-price-target-raised-to-275-from-260-at-raymond-james-93CH-4143644
[3] https://finance.yahoo.com/news/heres-expect-doordashs-next-earnings-054904006.html
[4] https://www.bizwire.com/press-release/1060292/door-dashs-annual-summer-of-dashpass-returns-with-five-weeks-of-member-exclusive-deals