DoorDash will report earnings early tomorrow, after moving its release date up by a day. DoorDash stock was lower Monday but shares of the food and grocery delivery firm have racked up a 22% gain so far this year despite a stock market that is scuffling overall.
The San Francisco-based DoorDash said in a news release Monday that it will publish first quarter results early Tuesday, rather its previously announced plan to report late Wednesday. The company did not provide a reason for the change.
DoorDash stock was down 1% at 202.95 the stock market today. The stock has gained 80% in the past 12 months and is on the IBD 50 list of top growth stocks. Steady sales growth and improving earnings have helped power gains for DASH stock.
The Q1 report is coming after recent news that DoorDash offered to buy British delivery company Deliveroo for $3.6 billion.
So far, DoorDash stock has been able to weather concerns that tariffs and other economic uncertainty will push consumers to pullback on spending. Some analysts see DoorDash, as well as Uber and Instacart, as part of a broader "convenience economy" that consumers prioritize even as they cut back on other expenses.
The company's upcoming Q1 results will offer the latest test for that theory. Here's what Wall Street is watching:
DoorDash Q1 By The Numbers
Overall, analysts expect DoorDash to post Q1 earnings of 39 cents per share, compared to a loss of 6 cents per share for the same period in 2024, according to FactSet. Analysts project DoorDash's revenue will have climbed 23% year-over-year to $3.1 billion.
DoorDash's sales have grown between 23% and 25% in each of the company's previous four quarters. The company posted its first profitable quarter as a public company with its Q3 results in October. DoorDash followed that up with another profitable quarter in the December-ended Q4.
Gross order value for DoorDash's platforms is projected to rise 19% to $22.9 billion, near the high end of the guidance DoorDash management gave with its Q4 results in February.
With concerns about tariffs and U.S. consumer spending, DoorDash's guidance for the June-ending quarter could dictate how investors respond to the report.
DoorDash typically provides guidance for gross order value and adjusted EBITDA (earnings before interest, taxes, depreciation and amortization). Wall Street is currently forecasting Q2 gross order value of $23.3 billion for DoorDash and adjusted EBITDA of $639 million, according to FactSet.
Deliveroo Deal Watch
Meanwhile, DoorDash is weighing an acquisition of U.K.-based delivery firm Deliveroo. The London-based Deliveroo confirmed in an April 25 statement that it was approached by DoorDash earlier that month with an offer to buy its business for 180 pence per share, or $2.40. The company's board said in a statement that it is open to the offer and provided due diligence access to DoorDash.
Deliveroo's largest markets are the U.K. and Ireland, though it also operates in Belgium, France, Italy, Kuwait, Qatar, Singapore and the United Arab Emirates.
DoorDash stock analysts were mostly positive on the potential acquisition, noting minimal overlap with DoorDash's existing operations, including the 28 countries where its subsidiary Wolt operates. DoorDash acquired Finland-based Wolt in 2022 for $8 billion.
Analyst View on DoorDash Stock
Evercore ISI analyst Mark Mahaney maintained a bullish stance on DoorDash stock ahead of the report. He reiterated an outperform call and 240 price target in a client note Sunday.
"We see the Street's Q1 GOV (gross order value), revenue, and EBITDA estimates as reasonable, with modest upside potential for all three," Mahaney wrote. He added that the Deliveroo deal would be a "strategic and financial positive."
Cantor Fitzgerald analyst Deepak Mathivanan held to an overweight call for DoorDash stock is a mid-April client note, but lowered his price target to 210 from 230.
DoorDash's business is "partly sensitive" to the broader economy, he noted. But Mathivanan added that "we do not believe the consumer has weakened to show sharp deterioration in (Q2 2025) so far."
Further, he wrote, "the company's core delivery use case is also highly habituated among its DashPass members."
Subscribers to DoorDash's $9.99-per-month DashPass membership get fee-free delivery at some restaurants, among other perks.
DoorDash Stock Recent Breakout
Meanwhile, DoorDash stock entered Monday trading hovering just above a 201.03 entry from a double-bottom base, according to the IBD MarketSurge chart pattern recognition feature. Shares gained 4.5% on Friday to push past that level. DoorDash stock was helped by a strong Q1 report from Maplebear, the parent company of rival grocery delivery app Instacart.
DoorDash's Relative Strength Rating has climbed to 96 out of a best-possible 99, according to IBD Stock Checkup. That means it has outperformed 96% of stocks tracked by Investor's Business Daily over the past 12 months.
Meanwhile, DoorDash stock has a best-possible IBD Composite Rating of 99. The score combines five separate proprietary ratings into one rating. The best growth stocks have a Composite Rating of 90 or better.
