These Analysts Revise Their Forecasts On DoorDash After Q4 Results

Core Viewpoint - DoorDash Inc. reported weaker-than-expected fourth-quarter earnings, missing both earnings per share and revenue estimates, while shares rose in pre-market trading following the announcement [1][2]. Financial Performance - DoorDash's quarterly earnings were 48 cents per share, missing the Street estimate of 60 cents [1]. - Quarterly revenue was $3.96 billion, falling short of the consensus estimate of $3.99 billion, but showing an increase from $2.87 billion in the same period last year [1]. Future Guidance - The company expects first-quarter marketplace gross order value (GOV) to be in the range of $31 billion to $31.8 billion and adjusted EBITDA to be between $675 million and $775 million [2]. Stock Performance - Following the earnings announcement, DoorDash shares rose by 8.8% to $188.70 in pre-market trading [2]. Analyst Ratings - Needham analyst Bernie McTernan maintained a Buy rating and lowered the price target from $275 to $265 [3]. - B of A Securities analyst Michael McGovern maintained a Buy rating and raised the price target from $260 to $272 [3]. - DA Davidson analyst Tom White maintained a Neutral rating and lowered the price target from $260 to $224 [3].