DoorDash DASH shares trade11.74% higher at $194.10 in premarket trading, despite mixed results for the Q4 that missed analysts’ expectations.
Investors turn optimistic on the company’s aggressive growth projections and strategic pivot toward AI and automation. DASH now expects Q1 marketplace GOV between $31 billion and $31.8 billion, beating the analysts’ consensus of between $29.6 billion to $30.7 billion. DoorDash CEO, detailed plans to consolidate three separate tech platforms—DoorDash, Deliveroo, and Wolt—into a single global entity to drive efficiency and international growth.
Management highlighted a shift toward “agentic commerce,” using AI bots to handle purchases and ramping up investments in autonomous delivery vehicles like robots and drones.
DoorDash reported Earnings per share (EPS) at 48 cents, below the analysts’ expectations of 59 cents. The revenue came at $3.96 billion, slightly below the $3.99 billion estimates by analysts. Revenue for the quarter increased 38% from last year and the company posted 32% growth in total orders to 903 million.
Nikolas has been involved in the finance industry for over fifteen years spanning across Europe and USA with a depth of knowledge and experience within many aspects of the financial markets. Nikolas gained several years experience with some of the Europe’s leading Brokers, as equity analyst, and trader managing accounts for both Private and Corporate Investors. He enjoys both the fundamental and technical aspects of trading focusing on stock markets and all FX majors. Currently, Nikolas provides analysis and comments to online financial publications. Educational background in Economics (BSc), and Finance (MSc).