DoorDash Set to Report Q3 Earnings: What's in Store for the Stock?

DoorDash DASH is set to release its third-quarter 2025 results on Nov. 5.

The Zacks Consensus Estimate for earnings is pegged at 68 cents per share, which has declined by a penny over the past 30 days, indicating year-over-year growth of 78.95%

The Zacks Consensus Estimate for revenues is currently pegged at $3.37 billion, suggesting a 24.35% increase year over year. 

The company’s earnings surpassed the Zacks Consensus Estimate in three of the trailing four quarters while missing it once, with an average surprise of 35.69%.

DoorDash, Inc. Price and EPS Surprise

DoorDash, Inc. price-eps-surprise | DoorDash, Inc. Quote

Let’s see how things have shaped up for this announcement:

Factors to Note

DoorDash’s third-quarter 2025 performance is expected to have benefited from strong total orders and Marketplace GOV, enhanced logistics efficiency and an increasing contribution from advertising. For the third quarter of 2025, DoorDash anticipates Marketplace GOV to be in the range of $24.2-$24.7 billion. The Zacks Consensus Estimate for the third-quarter Marketplace GOV is pegged at $24.56 billion, suggesting 22.8% year-over-year growth.

DoorDash’s expanding partner base, which includes companies such as Dollar General, The Home Depot, Ace Hardware, McDonald’s, Kroger, Waymo, and Ibotta, is expected to have boosted total orders growth and broadened DoorDash’s reach and enhanced its service offerings in the to-be-reported quarter. In the third quarter of 2025, total orders increased 20% year over year to 761 million. The Zacks Consensus Estimate for third-quarter total orders is pegged at 771 million, suggesting 19.9% year-over-year growth.

DoorDash’s growing efforts to expand its grocery offerings, improve user experience and increase DashPass adoption and the retention of customers are expected to have boosted growth in the grocery category in the to-be-reported quarter. The subscription service, DashPass, has reached an all-time high in subscribers. This growth is expected to have enhanced customer loyalty and increased order frequency in the third quarter.

Increasing monthly active users with strong contributions from domestic and international markets is expected to have aided DASH’s top-line growth.

However, DoorDash is facing extensive competition in its largest business category, the local food delivery logistics, which is expected to have hurt its top-line growth in the to-be-reported quarter.

What Our Model Says

Per the Zacks model, the combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. But that’s not the exact case here.

DoorDash has an Earnings ESP of -5.06% and a Zacks Rank #2 at present. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.

Stocks to Consider

Here are some companies worth considering, as our model shows that these, too, have the right combination of elements to beat earnings in their upcoming releases:

EPAM Systems EPAM currently has an Earnings ESP of +0.52% and a Zacks Rank #3. You can see the complete list of today’s Zacks #1 Rank stocks here.

EPAM shares have fallen 32% year to date. EPAM is set to report third-quarter fiscal 2025 results on Nov. 6.

Allient ALNT presently has an Earnings ESP of +8.00% and a Zacks Rank #3. 

Allient shares have gained 125.2% year to date. ALNT is scheduled to report third-quarter 2025 results on Nov. 5.

Affirm AFRM presently has an Earnings ESP of +3.53% and a Zacks Rank #3. 

AFRM shares have gained 18% year to date. AFRM is scheduled to report first-quarter fiscal 2026 results on Nov. 6. 

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This article originally published on Zacks Investment Research (zacks.com).

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