DoorDash (NASDAQ:DASH) Shares Gap Up on Analyst Upgrade

DoorDash, Inc. (NASDAQ:DASH)’s stock price gapped up before the market opened on Thursday after Truist Financial raised their price target on the stock from $330.00 to $340.00. The stock had previously closed at $173.38, but opened at $185.00. Truist Financial currently has a buy rating on the stock. DoorDash shares last traded at $178.6410, with a volume of 7,294,433 shares traded.

Several other analysts have also recently commented on the company. Guggenheim decreased their target price on DoorDash from $275.00 to $255.00 and set a “buy” rating on the stock in a report on Thursday. Morgan Stanley reiterated an “overweight” rating and set a $275.00 price objective on shares of DoorDash in a report on Thursday. Susquehanna lowered their price objective on shares of DoorDash from $300.00 to $250.00 and set a “positive” rating on the stock in a research note on Friday, November 7th. Roth Mkm restated a “neutral” rating and issued a $200.00 price target on shares of DoorDash in a research note on Thursday. Finally, BTIG Research restated a “buy” rating and issued a $315.00 price target on shares of DoorDash in a research note on Thursday, November 6th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat, DoorDash has a consensus rating of “Moderate Buy” and an average target price of $263.89.

Insider Buying and Selling

In other news, Director Stanley Tang sold 45,410 shares of the company’s stock in a transaction on Monday, December 1st. The stock was sold at an average price of $205.07, for a total value of $9,312,228.70. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, COO Prabir Adarkar sold 30,000 shares of the business’s stock in a transaction dated Monday, December 22nd. The shares were sold at an average price of $234.57, for a total value of $7,037,100.00. Following the sale, the chief operating officer directly owned 874,130 shares of the company’s stock, valued at $205,044,674.10. This represents a 3.32% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 315,725 shares of company stock valued at $67,969,184 in the last 90 days. 5.83% of the stock is owned by insiders.

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

Institutional Trading of DoorDash

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Physician Wealth Advisors Inc. increased its holdings in shares of DoorDash by 284.0% in the 3rd quarter. Physician Wealth Advisors Inc. now owns 96 shares of the company’s stock worth $26,000 after buying an additional 71 shares during the last quarter. Eastern Bank grew its position in DoorDash by 714.3% in the fourth quarter. Eastern Bank now owns 114 shares of the company’s stock worth $26,000 after acquiring an additional 100 shares in the last quarter. Sunbelt Securities Inc. increased its stake in DoorDash by 124.1% during the third quarter. Sunbelt Securities Inc. now owns 121 shares of the company’s stock worth $33,000 after acquiring an additional 67 shares during the last quarter. Swiss RE Ltd. purchased a new stake in DoorDash during the fourth quarter valued at approximately $28,000. Finally, ST Germain D J Co. Inc. purchased a new stake in DoorDash during the fourth quarter valued at approximately $29,000. Institutional investors own 90.64% of the company’s stock.

DoorDash Price Performance

The firm has a market capitalization of $75.98 billion, a P/E ratio of 83.16 and a beta of 1.77. The firm has a 50 day moving average price of $207.67 and a 200-day moving average price of $231.28. The company has a current ratio of 1.41, a quick ratio of 2.04 and a debt-to-equity ratio of 0.27.

DoorDash (NASDAQ:DASH) last released its earnings results on Wednesday, February 18th. The company reported $0.48 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.58 by ($0.10). The firm had revenue of $3.96 billion during 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%.DoorDash’s revenue was up 37.7% compared to the same quarter last year. During the same quarter last year, the business posted $0.33 EPS. On average, analysts expect that DoorDash, Inc. will post 2.22 earnings per share for the current year.

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.