Core Insights - DoorDash, Inc. (DASH) has emerged as a strong performer post-pandemic, indicating that food delivery is a sustainable trend rather than a temporary spike [1] Company Overview - The company has demonstrated resilience and growth potential in the food delivery sector, which is expected to continue expanding [1] Analyst Perspective - Julian Lin, a financial analyst, focuses on identifying undervalued companies with long-term growth potential, emphasizing strong balance sheets and management teams [1] - Lin leads an investment group that shares high-conviction stock picks aimed at outperforming the S&P 500 [1]

DoorDash faces new challenges after disclosing a cybersecurity incident and separately agreeing to a legal settlement with the City of Chicago over longstanding allegations of deceptive business practices. On November 13, DoorDash confirmed in a notice to users that it experienced a data breach caused by a social engineering attack targeting an employee. The breach, which occurred on October 25, allowed an unauthorized person to access the personal information of certain users, including Dashers and merc ...

Core Insights - DoorDash (DASH) shares experienced a significant decline after the company reported earnings that fell short of profit estimates and provided a disappointing outlook for the future [1] Company Summary - The food delivery firm missed profit estimates, indicating potential challenges in maintaining profitability [1] - The outlook provided by DoorDash was weak, suggesting that the company may face difficulties in achieving growth in the near term [1]

Core Insights - DoorDash Inc. reported mixed third-quarter results, leading to a significant decline in share price by 15.77% to $200.46 [1][8] Financial Performance - The company achieved a 25% year-on-year growth in gross order value (GOV), reaching $25 billion, and a 27% growth in revenues to $3.4 billion, both exceeding expectations [2][3] - Total orders amounted to 776 million, surpassing expectations by approximately 6 million [3] - The adjusted EBITDA guidance for the fourth quarter is expected to be in the range of $710 million to $810 million, slightly below the consensus estimate of $807 million due to incremental investments [8] Margin and Investment Outlook - DoorDash's margin of 21.9% fell short of expectations by around 50 basis points, and the planned investments of several hundred million dollars in 2026 are anticipated to weigh on margins [4][6] - Despite the margin concerns, analysts believe the investment initiatives are justified for long-term growth [4][6] Future Guidance - Management guided for a GOV of $28.9 billion to $29.5 billion for the fourth quarter, indicating a year-on-year growth of 37.2% at the midpoint, significantly above the consensus of $26.6 billion [7][8] - The company aims to expand its addressable market globally, supporting more durable, long-term growth [4] Analyst Ratings - Goldman Sachs maintained a Buy rating but reduced the price target from $315 to $279 [9] - Wedbush maintained a Neutral rating with a price target cut from $280 to $260 [9] - BTIG reiterated a Buy rating with a price target of $315 [9] - DA Davidson reaffirmed a Neutral rating and price target of $260 [9]

DoorDash (DASH) shares tumbled Thursday after the food delivery firm missed profit estimates and gave a weak outlook. Key Takeaways Analysts at Deutsche Bank and Oppenheimer, who reiterated "buy" or equivalent ratings for the stock following the results, voiced confidence it still has room to rise, though they pared back their targets to $298 and $280, respectively, given the dramatic rise in costs. Even with Thursday's decline, shares of DoorDash have added more than 20% of their value in 2025. Related Edu ...

Doordash's stock plummeted toward its worst session ever as investors rejected the company's aggressive spending strategy.The food delivery platform said it plans to shell out "several hundred million dollars" next year on new product initiatives like autonomous delivery and a new global tech stack. These plans will improve its product globally, but involve "direct and opportunity costs" in the short run, Doordash said.CEO Tony Xu defended the company's spending decisions during the earnings call with analy ...

Core Insights - DoorDash (NASDAQ: DASH) exceeded revenue expectations by reporting $3.45 billion in third-quarter sales, indicating strong operational momentum [1] Financial Performance - The company achieved third-quarter sales of $3.45 billion, surpassing market expectations [1]

Core Insights - DoorDash's stock fell over 12% despite beating revenue expectations, with reported revenue of $3.45 billion compared to the expected $3.36 billion [1] - Earnings per share (EPS) missed expectations, reporting 55 cents versus the anticipated 69 cents [1] Financial Performance - Total orders increased by 21% year-over-year, reaching 776 million, surpassing the expected 770 million [2] - The core marketplace business grew by 25% year-over-year, also exceeding expectations [2] Future Investments - DoorDash plans to invest several hundred million dollars more in new initiatives and platform development in 2026 compared to 2025 [3] - The company is increasing its investment in Deliveroo, expecting it to contribute approximately $45 million to adjusted EBITDA in Q4 2025 and about $200 million in 2026 [3] - The growth of Deliveroo is reportedly faster than previously expected [3] Profitability Concerns - The company has not provided detailed information on profitability, contributing to the decline in stock price [4]

Core Insights - DoorDash reported third-quarter earnings that fell short of analyst expectations, leading to a 20% drop in stock price following the announcement [1] - The company anticipates spending "several hundred million dollars" on new initiatives and development in 2026, emphasizing the need for investment to foster growth [1] Financial Performance - Revenue increased by 27% year-over-year, reaching $3.45 billion, surpassing the expected $3.36 billion [2][3] - Net income for Q3 was $244 million, or 55 cents per share, compared to $162 million, or 38 cents per share, in the same quarter last year [2] - Total orders grew by 21% year-over-year, totaling 776 million, slightly above the expected 770.13 million [2]

Shares of DoorDash Inc. tumbled in extended trading Wednesday after the delivery platform said it plans to increase investments in its business next year and that its recent acquisition of Deliveroo w... ...