DoorDash Surges to 109th in U.S. Trading Volume on $950M Surge Ahead of Earnings

On September 29, 2025, DoorDash (DASH) recorded a trading volume of $0.95 billion, a 126.04% increase from the previous day, ranking it 109th in trading activity across the U.S. equity market. The stock closed with a 3.82% gain, reflecting renewed investor interest ahead of its upcoming earnings report.

DoorDash’s Q2 2025 earnings, reported on August 6, highlighted strong performance. The company exceeded expectations with earnings per share (EPS) of $0.65, surpassing the $0.42 consensus estimate by $0.23. Revenue grew 24.9% year-over-year to $3.28 billion, outpacing the $3.16 billion forecast. Analyst estimates for future quarters remain cautiously optimistic, with projected EPS for Q3 2025 at $0.64 and FY 2025 at $2.13. The trailing P/E ratio of 137.40 suggests investors are pricing in significant growth potential despite current valuations.

Investor sentiment appears influenced by DoorDash’s consistent ability to outperform expectations, particularly in revenue expansion. The company’s forward-looking guidance and historical beat-and-raise pattern have positioned it as a speculative play in the delivery sector. With its next earnings date scheduled for October 29, 2025, the market will closely watch for further momentum in key metrics like average order value and delivery fees.

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