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Benzinga
13 days

DoorDash Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

1. DASH reports earnings on Aug. 6, expected at 43 cents per share. 2. Projected quarterly revenue is $3.16 billion, up from $2.63 billion. 3. Recent convertible senior notes offering raised $2.75 billion. 4. Analysts maintain varied ratings with price targets adjusted upwards. 5. Share price slightly declined by 1.1% to close at $255.28.

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FAQ

Why Bullish?

Earnings expectations are positive compared to last year; upward price target revisions indicate analyst confidence.

How important is it?

The strong expected earnings combined with positive analyst ratings can attract investment interest, impacting stock performance.

Why Short Term?

Earnings release can lead to immediate market reactions; recent upward ratings will drive investor interest.

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