Analyst Price Target News: DoorDash, Pagaya – August 11th, 2025

By: Matthew Otto

DoorDash Reports Strong Q2 2025 Growth, Beats Analyst Estimates

DoorDash posted second-quarter 2025 results that surpassed analyst expectations. Earnings per share came in at $0.65, $0.22 above the consensus estimate of $0.43. Revenue rose 25% year-over-year to $3.3 billion, exceeding the expected $3.16 billion. Total orders increased 20% from the prior year to 761 million, while gross order value advanced 23% to $24.2 billion.

Net income was $285 million compared with a loss of $157 million in the same period last year. Net revenue margin improved to 13.5% from 13.3% a year earlier, and adjusted earnings before interest, taxes, depreciation, and amortization rose 52% to $655 million, representing 2.7% of gross order value.

For the third quarter of 2025, DoorDash projects gross order value between $24.2 billion and $24.7 billion and adjusted earnings between $680 million and $780 million. For the full year, the company expects stock-based compensation expense of approximately $1 billion to $1.1 billion and depreciation and amortization expense of about $660 million to $700 million.

Analysts Raise Price Targets Following Q2 2025 Results

Susquehanna analyst Shyam Patil maintained a Positive rating and raised the price target from $235 to $300.
Jefferies analyst John Colantuoni kept a Hold rating while increasing the price target from $250 to $265.

Which Analyst has the best track record to show on DASH?

Analyst Scott Devitt (WEDBUSH) currently has the highest performing score on DASH with 8/8 (100%) price target fulfillment ratio. His price targets carry an average of $23.01 (13%) potential upside. DoorDash stock price reaches these price targets on average within 7 days.

Pagaya Reports Record Q2 2025 Results and Raises Full-Year Guidance

Pagaya Technologies reported second-quarter 2025 earnings per share of $0.64, $0.51 above analyst expectations, with revenue of $326.4 million exceeding the consensus estimate of $311.96 million. Net income attributable to shareholders was $17 million, an increase of $91 million from the same period last year.

Network volume rose 14% year-over-year to $2.6 billion, while fee revenue less production costs increased 30% to $126 million. Adjusted EBITDA was $86 million, up 72% from the prior year. Pagaya completed six asset-backed securities transactions totaling $2.3 billion during the quarter, expanding its funding network to 145 partners. These included its first $300 million AAA-rated Auto ABS and a $300 million AAA-rated Point-of-Sale ABS. Together it represents over $1 billion in potential funding capacity over the next 12 months.

For the third quarter, Pagaya expects network volume of $2.75 billion to $2.95 billion, revenue of $330 million to $350 million—above the consensus estimate of $318.5 million—and adjusted EBITDA of $90 million to $100 million. Net income is projected between $10 million and $20 million, reflecting one-time costs related to debt issuance and early retirement, partially offset by tax benefits.

Full-year 2025 guidance calls for revenue between $1.25 billion and $1.325 billion, compared with a consensus estimate of $1.263 billion, and network volume of $10.5 billion to $11.5 billion. Adjusted EBITDA is expected to be $345 million to $370 million, with net income projected between $55 million and $75 million.

Since the end of 2024, forward flow and pass-through capacity has grown to about $5 billion, supported by a new $2.5 billion personal loan purchase agreement with Castlelake over a 16-month period.

Analysts Lift Price Targets After Q2 Earnings and Guidance Increase

B. Riley Securities analyst Hal Goetsch maintained a Buy rating while lifting the price target from $46 to $54.
JMP Securities analyst David Scharf maintained a Market Outperform rating and increased the price target from $26 to $35.
Canaccord Genuity analyst Joseph Vafi kept a Buy rating and boosted the price target from $28 to $36.

Which Analyst has the best track record to show on PGY?

Analyst Peter Christiansen (CITI) currently has the highest performing score on PGY with 2/3 (66.67%) price target fulfillment ratio. His price targets carry an average of $8.69 (27.75%) potential upside. Pagaya Technologies stock price reaches these price targets on average within 30 days.

i3 Verticals Reports Fiscal Q3 2025 Results, Narrower Loss and Higher Revenue

i3 Verticals reported fiscal third quarter 2025 revenue from continuing operations of $51.9 million, an increase of 12.4% from the prior-year period and ahead of the consensus estimate of $49.89 million. Earnings per share for the quarter were $0.23, topping analyst expectations of $0.21. The company recorded a net loss from continuing operations of $1 million, compared with a $14.4 million loss in the same quarter of 2024.

For the first nine months of fiscal 2025, revenue totaled $158.3 million, up 13.1% year over year, while net income from continuing operations was $4.1 million, compared with a $22.4 million loss in the prior-year period. Net loss attributable to i3 Verticals in Q3 was $0.4 million versus $11.8 million a year earlier, and nine-month net income attributable to the company was $2.5 million, compared with a $17.7 million loss in 2024.

Operating performance also strengthened, with operating earnings from continuing operations at $12.7 million in Q3, up 18% from a year ago, and $43.1 million for the nine-month period, an increase of 20.3%. These represented 24.5% and 27.3% of revenue, respectively, compared with 23.3% and 25.6% in the prior-year periods.

Annualized Recurring Revenue for the quarter reached $160.8 million, up 12.% from $143.6 million a year earlier. i3 Verticals reaffirmed its fiscal 2025 guidance, projecting earnings per share between $0.96 and $1.06, compared with a consensus estimate of $1.04, and revenue between $207 million and $217 million, versus a consensus estimate of $215.4 million.

Analysts Raise Price Targets After Q3 Performance

Benchmark analyst Mark Palmer maintained a Buy rating while increasing the price target from $33 to $39.
Stephens & Co. analyst Charles Nabhan kept an Overweight rating and raised the price target from $35 to $40.

Which Analyst has the best track record to show on IIIV?

Analyst James Faucette (MORGAN STANLEY) currently has the highest performing score on IIIV with 8/8 (100%) price target fulfillment ratio. His price targets carry an average of $0.2 (0.81%) potential upside. i3 Verticals stock price reaches these price targets on average within 63 days.