DoorDash Shares Gain 6.4% Pre-Q4 as DAUs Hit 32 Million
DoorDash expects Q4 earnings of $0.59 per share on $3.99 billion revenue, after Q3 EPS of $0.55 and $3.45 billion sales. Daily active users hit 32 million and average order value rose to $32 as the stock trades 11% below its 20-day SMA with an RSI of 20.49 indicating oversold conditions.
1. Q4 Earnings Outlook and Past Results
DoorDash is forecast to report Q4 earnings of $0.59 per share on revenue of $3.99 billion, following Q3 results of $0.55 EPS on $3.45 billion sales which missed the 69¢ estimate but topped revenue expectations. The company has beaten revenue estimates in three of four quarters and EPS twice in the last four periods.
2. User Engagement and Order Values
Daily active users reached 32 million in Q3 and average order value climbed to $32, key metrics that drive commission and delivery fees. Management noted nearly $24 billion in combined merchant sales and Dasher earnings in Q3, with a 2026 full-year target exceeding $100 billion.
3. Technical Indicators
Shares have declined 19.1% over the past year, trading 11.3% below the 20-day SMA and 25.4% below the 200-day SMA. An RSI reading of 20.49 indicates oversold conditions, while the MACD remains below its signal line signaling continued bearish momentum.
4. Valuation and Momentum Scores
The stock carries a high growth rank of 94.8 but registers weak value and momentum scores of 11.54 and 7.63, reflecting a steep premium relative to peers and underperformance versus the broader market. These mixed signals underscore questions about near-term upside potential.