August 7, 2025

DoorDash Inc, America’s biggest food delivery hero, is proving one thing loud and clear: people love convenience and they aren’t slowing down on ordering food and more! The company recently raised its forecast for third-quarter orders, smashing Wall Street predictions and showing strong demand even when the economy feels shaky. Bloomberg reports that DoorDash expects its total orders to bring in a massive $24.2 billion to $24.7 billion by September-end. That’s way above the $23.8 billion average that experts had guessed. What’s powering this rocket? DoorDash just announced fantastic second-quarter results with gross order value jumping by 23% to hit $24.2 billion. The company also hit a jaw-dropping record of 761 million orders! This success is thanks to booming orders from US restaurants and an exciting new push into other categories like groceries and retail deliveries. DoorDash says, “High levels of consumer engagement in the US were evident across many metrics and widespread throughout our consumer cohorts.” Even better, more new customers kept joining all through the quarter. The long-time users, those sticking to the platform for six months or more, are ordering more too—especially via the paid DashPass subscription. The fireworks didn’t stop there! DoorDash shares popped 6.4% after these bright results hit the market. Analysts are drawing comparisons with Uber’s sizzling delivery division results earlier this week. DoorDash’s adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) was a strong $655 million last quarter, beating what experts expected. Looking ahead, DoorDash predicts its adjusted EBITDA for the current quarter will fall between $680 million and $780 million. The middle point of this forecast is higher than the average estimate of $718.9 million. And to add more spice to their business mix, DoorDash is on a buying spree! The company is close to completing the big purchase of UK delivery giant Deliveroo, pending regulatory approvals, expected this quarter. Plus, they've already bought restaurant tech firm SevenRooms Inc. and advertising tech company Symbiosys. These smart moves aim to strengthen DoorDash’s restaurant services and boost their ad power in retail. The takeaway? DoorDash is not just riding the wave but creating one! With growing consumer love, innovative expansions, and sizzling sales, this delivery giant is proving convenience is king, no matter what the economy throws its way.

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Tags: Doordash, Q3 forecast, Food delivery, Stock surge, Consumer demand, Acquisitions,