DoorDash Sees Q4 Marketplace GOV $20.6B-$21.0B; Adj. EBITDA $525M-$575M; Stock-Based Compensation $1.13B; RSU Issuances ≈6.0M; Depreciation And Amortization $562M
Portfolio Pulse from Benzinga Newsdesk
DoorDash projects its Q4 Marketplace GOV to be between $20.6 billion and $21.0 billion, with an adjusted EBITDA of $525 million to $575 million. The company expects stock-based compensation to be $1.13 billion, RSU issuances around 6.0 million, and depreciation and amortization at $562 million.
October 30, 2024 | 8:22 pm
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POSITIVE IMPACT
DoorDash has provided its Q4 financial projections, including a Marketplace GOV of $20.6B-$21.0B and adjusted EBITDA of $525M-$575M. The company also anticipates significant stock-based compensation and RSU issuances.
The positive guidance on Marketplace GOV and adjusted EBITDA suggests strong operational performance, which is likely to boost investor confidence and positively impact the stock price. However, high stock-based compensation could be a concern for some investors.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100