DoorDash (NASDAQ:DASH) Price Target Raised to $272.00

DoorDash (NASDAQ:DASH) had its price objective raised by Bank of America from $260.00 to $272.00 in a research note released on Thursday,Benzinga reports. They currently have a buy rating on the stock.

Several other research analysts have also weighed in on the stock. Benchmark upped their price objective on shares of DoorDash from $315.00 to $320.00 and gave the company a “buy” rating in a research note on Tuesday, November 4th. Wolfe Research set a $270.00 price target on shares of DoorDash in a report on Monday, January 5th. BTIG Research reaffirmed a “buy” rating and issued a $315.00 price target on shares of DoorDash in a research note on Thursday, November 6th. Jefferies Financial Group lifted their price objective on DoorDash from $260.00 to $270.00 and gave the company a “buy” rating in a research report on Thursday, December 11th. Finally, Truist Financial upped their target price on DoorDash from $326.00 to $340.00 and gave the stock a “buy” rating in a research report on Thursday, October 23rd. One investment analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat, DoorDash presently has a consensus rating of “Moderate Buy” and an average target price of $263.89.

DoorDash Stock Up 0.1%

Shares of DoorDash stock opened at $176.29 on Thursday. The stock has a 50-day moving average price of $207.67 and a 200 day moving average price of $231.11. The company has a market cap of $75.98 billion, a P/E ratio of 83.16 and a beta of 1.77. 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 has a 1 year low of $155.40 and a 1 year high of $285.50.

DoorDash (NASDAQ:DASH) last released its earnings results on Wednesday, February 18th. The company reported $0.48 earnings per share for the quarter, missing the consensus estimate of $0.58 by ($0.10). The business had revenue of $3.96 billion for the quarter, compared to analysts’ expectations of $3.98 billion. DoorDash had a net margin of 6.82% and a return on equity of 10.15%. The company’s revenue was up 37.7% compared to the same quarter last year. During the same period last year, the firm earned $0.33 EPS. As a group, analysts expect that DoorDash will post 2.22 EPS for the current fiscal year.

Insider Activity at DoorDash

In other news, CFO Ravi Inukonda sold 1,017 shares of the stock in a transaction dated Wednesday, January 14th. The stock was sold at an average price of $215.14, for a total transaction of $218,797.38. Following the transaction, the chief financial officer owned 208,412 shares of the company’s stock, valued at approximately $44,837,757.68. This represents a 0.49% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, COO Prabir Adarkar sold 15,000 shares of the firm’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 value of $3,068,850.00. Following the completion of the transaction, the chief operating officer directly owned 874,130 shares in the company, valued at $178,838,256.70. The trade was a 1.69% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 315,725 shares of company stock worth $67,969,184 in the last 90 days. Insiders own 5.83% of the company’s stock.

Institutional Trading of DoorDash

Institutional investors and hedge funds have recently modified their holdings of the company. Physician Wealth Advisors Inc. raised its holdings in 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 acquiring an additional 71 shares during the period. Eastern Bank grew its position in shares of DoorDash by 714.3% in the fourth quarter. Eastern Bank now owns 114 shares of the company’s stock valued at $26,000 after purchasing an additional 100 shares during the last quarter. Sunbelt Securities Inc. increased its stake in shares of DoorDash by 124.1% in the third quarter. Sunbelt Securities Inc. now owns 121 shares of the company’s stock worth $33,000 after purchasing an additional 67 shares during the period. Swiss RE Ltd. acquired a new position in shares of DoorDash during the 4th quarter worth about $28,000. Finally, ST Germain D J Co. Inc. acquired a new position in shares of DoorDash during the 4th quarter worth about $29,000. 90.64% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about DoorDash

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

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.