DoorDash (NASDAQ:DASH) Price Target Raised to $340.00

DoorDash (NASDAQ:DASH) had its target price upped by Truist Financial from $330.00 to $340.00 in a report released on Thursday,Benzinga reports. The brokerage currently has a buy rating on the stock.

DASH has been the topic of a number of other reports. Zacks Research raised shares of DoorDash from a “strong sell” rating to a “hold” rating in a research note on Thursday, February 12th. BNP Paribas Exane initiated coverage on DoorDash in a report on Wednesday, January 14th. They issued an “outperform” rating and a $280.00 price target for the company. Jefferies Financial Group lifted their price objective on DoorDash from $260.00 to $270.00 and gave the stock a “buy” rating in a research report on Thursday, December 11th. UBS Group dropped their target price on DoorDash from $245.00 to $240.00 and set a “neutral” rating for the company in a report on Thursday. Finally, DA Davidson cut their target price on DoorDash from $260.00 to $224.00 and set a “neutral” rating for the company in a research note on Thursday. One 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 stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $263.89.

DoorDash Trading Up 0.1%

Shares of DASH opened at $176.29 on Thursday. DoorDash has a 52-week low of $155.40 and a 52-week high of $285.50. The stock has a market cap of $75.98 billion, a PE ratio of 83.16 and a beta of 1.77. The firm’s fifty day moving average is $207.67 and its two-hundred day moving average is $231.11. The company has a quick ratio of 2.04, a current ratio of 1.41 and a debt-to-equity ratio of 0.27.

DoorDash (NASDAQ:DASH) last posted its quarterly 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 during the quarter, compared to analysts’ expectations of $3.98 billion. DoorDash had a return on equity of 10.15% and a net margin of 6.82%.The business’s quarterly revenue was up 37.7% on a year-over-year basis. During the same period in the prior year, the business posted $0.33 earnings per share. Research analysts forecast that DoorDash will post 2.22 earnings per share for the current fiscal year.

Insider Buying and Selling at DoorDash

In other news, Director Shona L. Brown sold 1,250 shares of the business’s stock in a transaction that occurred on Monday, February 9th. The shares were sold at an average price of $181.28, for a total value of $226,600.00. Following the sale, the director directly owned 32,252 shares of the company’s stock, valued at approximately $5,846,642.56. The trade was a 3.73% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Tony Xu sold 16,667 shares of the stock in a transaction that occurred on Monday, January 5th. The stock was sold at an average price of $230.00, for a total transaction of $3,833,410.00. Following the transaction, the chief executive officer directly owned 1,500 shares of the company’s stock, valued at $345,000. The trade was a 91.74% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 315,725 shares of company stock valued at $67,969,184. 5.83% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On DoorDash

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Physician Wealth Advisors Inc. increased its stake in DoorDash by 284.0% during the third quarter. Physician Wealth Advisors Inc. now owns 96 shares of the company’s stock worth $26,000 after purchasing an additional 71 shares during the period. Eastern Bank grew its holdings 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 in the last quarter. Swiss RE Ltd. purchased a new stake in DoorDash during the 4th quarter worth approximately $28,000. ST Germain D J Co. Inc. acquired a new stake in DoorDash during the 4th quarter worth approximately $29,000. Finally, Kemnay Advisory Services Inc. acquired a new stake in DoorDash during the 4th quarter worth approximately $32,000. 90.64% of the stock is currently owned by hedge funds and other institutional investors.

Key Headlines Impacting 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

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.