On-demand food delivery service DoorDash (NYSE:DASH) will be reporting results this Wednesday afternoon. Here’s what you need to know.
DoorDash beat analysts’ revenue expectations by 2.6% last quarter, reporting revenues of $3.45 billion, up 27.3% year on year. It was a slower quarter for the company, with EBITDA guidance for next quarter missing analysts’ expectations significantly. It reported 776 million service requests, up 20.7% year on year.
Is DoorDash a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.
This quarter, analysts are expecting DoorDash’s revenue to grow 39.2% year on year to $4.00 billion, improving from the 24.8% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $1.29 per share.
Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. DoorDash has only missed Wall Street’s revenue estimates once over the last two years, exceeding top-line expectations by 2% on average.
Looking at DoorDash’s peers in the gig economy segment, some have already reported their Q4 results, giving us a hint as to what we can expect. Uber delivered year-on-year revenue growth of 20.1%, meeting analysts’ expectations, and Upwork reported revenues up 3.6%, in line with consensus estimates. Uber traded down 3.5% following the results while Upwork was also down 19.1%.
Read our full analysis of Uber’s results here and Upwork’s results here.
Questions about potential tariffs and corporate tax changes have caused much volatility in 2025. Investors in gig economy stocks have been spared in this environment as share prices are down 18.1% on average over the last month. DoorDash is down 22% during the same time and is heading into earnings with an average analyst price target of $274.69 (compared to the current share price of $160.46).
Here at StockStory, we certainly understand the potential of thematic investing. Diverse winners from Microsoft (MSFT) to Alphabet (GOOG), Coca-Cola (KO) to Monster Beverage (MNST) could all have been identified as promising growth stories with a megatrend driving the growth. So, in that spirit, we’ve identified a relatively under-the-radar profitable growth stock benefiting from the rise of AI, available to you FREE via this link.