KeyCorp Lowers DoorDash (NASDAQ:DASH) Price Target to $275.00

DoorDash (NASDAQ:DASH) had its price target dropped by research analysts at KeyCorp from $280.00 to $275.00 in a note issued to investors on Tuesday, Marketbeat Ratings reports. The firm currently has an “overweight” rating on the stock. KeyCorp’s price target would indicate a potential upside of 33.18% from the stock’s current price.

A number of other equities research analysts also recently weighed in on the stock. Oppenheimer reissued an “outperform” rating and issued a $280.00 price target on shares of DoorDash in a report on Thursday, November 6th. Stifel Nicolaus cut their target price on shares of DoorDash from $255.00 to $253.00 and set a “hold” rating for the company in a research note on Thursday, November 6th. Jefferies Financial Group lifted their price target on shares of DoorDash from $260.00 to $270.00 and gave the stock a “buy” rating in a research report on Thursday, December 11th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of DoorDash in a report on Wednesday, October 8th. Finally, The Goldman Sachs Group reduced their price objective on DoorDash from $315.00 to $279.00 and set a “buy” rating for the company in a research note on Friday, November 7th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-five have given a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $281.26.

DoorDash Stock Performance

Shares of NASDAQ DASH opened at $206.48 on Tuesday. DoorDash has a 1 year low of $155.40 and a 1 year high of $285.50. The firm has a market cap of $88.99 billion, a P/E ratio of 104.81 and a beta of 1.70. The stock has a fifty day moving average price of $216.83 and a two-hundred day moving average price of $239.68. The company has a debt-to-equity ratio of 0.29, a quick ratio of 2.04 and a current ratio of 2.04.

DoorDash (NASDAQ:DASH) last posted its quarterly earnings data on Wednesday, November 5th. The company reported $0.55 EPS for the quarter, missing analysts’ consensus estimates of $0.68 by ($0.13). DoorDash had a return on equity of 9.97% and a net margin of 6.83%.The firm had revenue of $3.45 billion during the quarter, compared to the consensus estimate of $3.35 billion. During the same period in the prior year, the firm posted $0.38 EPS. The firm’s quarterly revenue was up 27.3% on a year-over-year basis. Research analysts forecast that DoorDash will post 2.22 EPS for the current fiscal year.

Insider Buying and Selling at DoorDash

In other DoorDash news, Director Alfred Lin purchased 389,047 shares of the company’s stock in a transaction that occurred on Tuesday, November 25th. The shares were purchased at an average cost of $193.81 per share, with a total value of $75,401,199.07. Following the completion of the transaction, the director owned 389,047 shares of the company’s stock, valued at approximately $75,401,199.07. This represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Tony Xu sold 288,410 shares of the stock in a transaction dated Thursday, November 20th. The stock was sold at an average price of $196.04, for a total value of $56,539,896.40. Following the completion of the sale, the chief executive officer directly owned 232,040 shares of the company’s stock, valued at approximately $45,489,121.60. This represents a 55.42% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 617,885 shares of company stock valued at $130,153,967 in the last ninety days. Company insiders own 5.83% of the company’s stock.

Institutional Trading of DoorDash

Hedge funds have recently made changes to their positions in the stock. Vanguard Group Inc. increased its stake in DoorDash by 3.7% in the 3rd quarter. Vanguard Group Inc. now owns 42,712,908 shares of the company’s stock valued at $11,617,484,000 after buying an additional 1,522,823 shares during the period. State Street Corp grew its holdings in shares of DoorDash by 6.3% during the 3rd quarter. State Street Corp now owns 15,296,624 shares of the company’s stock valued at $4,160,529,000 after acquiring an additional 909,125 shares in the last quarter. Capital World Investors grew its holdings in shares of DoorDash by 0.9% during the 3rd quarter. Capital World Investors now owns 10,865,927 shares of the company’s stock valued at $2,955,424,000 after acquiring an additional 95,278 shares in the last quarter. Geode Capital Management LLC increased its stake in shares of DoorDash by 2.9% in the second quarter. Geode Capital Management LLC now owns 7,951,230 shares of the company’s stock worth $1,950,711,000 after acquiring an additional 223,188 shares during the last quarter. Finally, Invesco Ltd. increased its stake in shares of DoorDash by 18.2% in the third quarter. Invesco Ltd. now owns 6,355,628 shares of the company’s stock worth $1,728,667,000 after acquiring an additional 980,148 shares during the last quarter. 90.64% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting DoorDash

Here are the key news stories impacting DoorDash this week:

• Positive Sentiment: Milan Kovac — former Tesla VP for Optimus Robotics and Autopilot — joined DoorDash’s board, adding deep autonomy and AI experience that could accelerate robot-delivery programs and support longer-term unit-cost reduction. Read More.
• Positive Sentiment: DoorDash is ramping up robot deliveries, a strategic push that can lower delivery costs over time and improve margins if scaled successfully — a clear execution theme investors reward. Read More.
• Positive Sentiment: Positive analyst/commentary pieces argue DoorDash can benefit from a “K‑shaped” economy by retaining low‑income users via affordability while expanding into older, wealthier demographics — a bull case for diversified customer mix and revenue resilience. Read More.
• Neutral Sentiment: KeyBanc slightly lowered its price target to $275 but kept an Overweight rating, signaling continued analyst conviction in upside despite a modest revision. This is a mild catalyst rather than a directional shock. Read More.
• Neutral Sentiment: Recent analyst and media write-ups are re-assessing DoorDash after a pullback from highs; these pieces parse valuation vs. multi-year growth, serving as background reading for investors deciding whether the pullback is a buying opportunity. Read More.
• Negative Sentiment: Investigative reporting alleges $550M in tips “vanished” while DoorDash and competitors squeeze NYC couriers — a material PR and regulatory risk that could spur tighter local rules, litigation, or increased payout costs to drivers. This is the primary near‑term negative headline. Read More.

DoorDash Company Profile

DoorDash, Inc operates a technology-driven logistics and food-delivery marketplace that connects consumers, merchants and independent delivery contractors. The company’s core service enables customers to order from local restaurants and retailers through its app and website while DoorDash handles last-mile fulfillment via its network of drivers, known as “Dashers.” Over time the platform has broadened beyond restaurant deliveries to include groceries, convenience items and retail deliveries, positioning DoorDash as a broader on-demand logistics provider for consumer goods.

In addition to its marketplace, DoorDash offers a suite of products and services for consumers and businesses.