DoorDash (NASDAQ:DASH – Free Report) had its price objective lowered by Citizens Jmp from $285.00 to $250.00 in a research note released on Friday,Benzinga reports. The brokerage currently has a market outperform rating on the stock.
Other equities research analysts have also recently issued research reports about the stock. Wall Street Zen cut shares of DoorDash from a “buy” rating to a “hold” rating in a research report on Saturday, November 1st. The Goldman Sachs Group set a $267.00 price target on DoorDash in a research note on Monday, February 2nd. BNP Paribas Exane assumed coverage on DoorDash in a research note on Wednesday, January 14th. They issued an “outperform” rating and a $280.00 target price on the stock. DA Davidson decreased their target price on DoorDash from $260.00 to $224.00 and set a “neutral” rating for the company in a research report on Thursday. Finally, Cantor Fitzgerald lowered their price target on DoorDash from $285.00 to $230.00 and set an “overweight” rating for the company in a research note on Thursday. One investment analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating and nine have issued a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $263.89.
Check Out Our Latest Report on DASH
DoorDash Stock Up 0.1%
DoorDash (NASDAQ:DASH – Get Free Report) last released its earnings results on Wednesday, February 18th. The company reported $0.48 earnings per share for the quarter, missing analysts’ consensus estimates of $0.58 by ($0.10). The firm had revenue of $3.96 billion for the quarter, compared to the consensus estimate of $3.98 billion. DoorDash had a return on equity of 10.15% and a net margin of 6.82%.The company’s revenue was up 37.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.33 EPS. On average, analysts predict that DoorDash will post 2.22 earnings per share for the current year.
Insider Buying and Selling at DoorDash
In other DoorDash news, CEO Tony Xu sold 16,667 shares of the firm’s stock in a transaction that occurred on Monday, January 5th. The shares were sold at an average price of $230.00, for a total transaction of $3,833,410.00. Following the sale, the chief executive officer directly owned 1,500 shares in the company, valued at approximately $345,000. This trade represents a 91.74% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, COO Prabir Adarkar sold 15,000 shares of the company’s stock in a transaction that occurred on Tuesday, January 20th. The shares were sold at an average price of $204.59, for a total transaction of $3,068,850.00. Following the completion of the transaction, the chief operating officer owned 874,130 shares of the company’s stock, valued at $178,838,256.70. This trade represents a 1.69% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 315,725 shares of company stock worth $67,969,184 in the last quarter. Company insiders own 5.83% of the company’s stock.
Institutional Trading of DoorDash
Several hedge funds and other institutional investors have recently modified their holdings of the company. Norges Bank bought a new position in shares of DoorDash during the fourth quarter worth about $1,093,650,000. Wellington Management Group LLP raised its holdings in shares of DoorDash by 593.1% in the fourth quarter. Wellington Management Group LLP now owns 5,481,693 shares of the company’s stock valued at $1,241,494,000 after purchasing an additional 4,690,744 shares during the last quarter. Price T Rowe Associates Inc. MD lifted its position in shares of DoorDash by 32.8% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 13,958,114 shares of the company’s stock worth $3,161,234,000 after purchasing an additional 3,447,754 shares in the last quarter. Coatue Management LLC boosted its holdings in DoorDash by 77.8% during the fourth quarter. Coatue Management LLC now owns 4,365,365 shares of the company’s stock worth $988,668,000 after purchasing an additional 1,910,488 shares during the last quarter. Finally, Vanguard Group Inc. grew its position in DoorDash by 4.6% in the second quarter. Vanguard Group Inc. now owns 41,190,085 shares of the company’s stock valued at $10,153,768,000 after purchasing an additional 1,792,799 shares in the last quarter. Institutional investors and hedge funds own 90.64% of the company’s stock.
DoorDash News Roundup
Here are the key news stories impacting DoorDash this week:
- Positive Sentiment: Robust growth and guidance — Q4 revenue of $3.96B (+~38% Y/Y) and a 32% jump in orders underpin optimism that delivery demand and new verticals will sustain growth. Zacks: Q4 Earnings
- Positive Sentiment: Analyst bullishness persists — Truist raised its target to $340 (buy) and Bank of America lifted its target to $272; several analysts still see double‑digit upside on the guidance update. Benzinga: Analyst Moves
- Positive Sentiment: Institutional buying and rebound thesis — MarketBeat highlights sustained institutional accumulation and a technical rebound setup tied to increased FY26 spending to accelerate growth. MarketBeat: Rebound Signal
- Positive Sentiment: Unusual bullish options flow — Traders bought ~34,908 call contracts on Friday (≈+101% vs. typical daily volume), signaling speculative bullish positioning that can amplify short‑term upside.
- Neutral Sentiment: Retail promotions — DoorDash gift‑card deals are running (15% off), which can support order activity but has limited strategic impact. Android Authority: Gift Card Deal
- Neutral Sentiment: Short‑interest reporting appears anomalous (entries show zero/NaN), so there’s no meaningful short squeeze signal from the provided short‑interest data.
- Negative Sentiment: Earnings & guidance concerns — Q4 EPS missed ( $0.48 vs. $0.58 est.) and revenue slightly missed consensus; the company flagged rising costs and storm impacts that produced a weaker near‑term profit outlook. Seeking Alpha: Investment Intensity
- Negative Sentiment: Analyst target cuts — Several firms trimmed price targets (Cantor Fitzgerald, Needham, DA Davidson, Citizens Jmp reduced their targets), reflecting concern that increased spending will compress near‑term margins even as growth continues. Benzinga: Price Target Moves
- Negative Sentiment: Margin and investment scrutiny — Commentators and some analysts warn that the intensified investment cycle (tech, marketing, new verticals) could weigh on profitability before benefits materialize. CNBC: Investment Cycle
About DoorDash
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.
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