Needham & Company LLC Cuts DoorDash (NASDAQ:DASH) Price Target to $265.00

DoorDash (NASDAQ:DASH) had its price target lowered by Needham & Company LLC from $275.00 to $265.00 in a research note published on Thursday morning, Marketbeat.com reports. The brokerage currently has a buy rating on the stock.

A number of other equities research analysts also recently weighed in on DASH. Citigroup reissued a “market outperform” rating on shares of DoorDash in a report on Monday, November 24th. BTIG Research reaffirmed a “buy” rating and set a $315.00 target price on shares of DoorDash in a report on Thursday, November 6th. Barclays cut their price target on DoorDash from $272.00 to $238.00 and set an “equal weight” rating for the company in a research note on Thursday, November 6th. Guggenheim lowered their price objective on DoorDash from $280.00 to $275.00 and set a “buy” rating on the stock in a research note on Thursday, January 29th. Finally, Jefferies Financial Group lifted their price objective on DoorDash from $260.00 to $270.00 and gave the company a “buy” rating in a report on Thursday, December 11th. One 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’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $263.89.

DoorDash Stock Performance

Shares of DASH stock opened at $176.29 on Thursday. DoorDash has a 52 week low of $155.40 and a 52 week high of $285.50. The company has a market capitalization of $75.98 billion, a price-to-earnings ratio of 83.16 and a beta of 1.77. The company has a 50-day simple moving average of $207.67 and a 200 day simple moving average of $231.11. The company has a debt-to-equity ratio of 0.27, a quick ratio of 2.04 and a current ratio of 1.41.

DoorDash (NASDAQ:DASH) last announced 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%.DoorDash’s revenue for the quarter was up 37.7% on a year-over-year basis. During the same quarter last year, the business posted $0.33 EPS. On average, sell-side analysts predict that DoorDash will post 2.22 earnings per share for the current year.

Insider Buying and Selling

In other news, Director Alfred Lin acquired 389,047 shares of DoorDash stock in a transaction that occurred on Tuesday, November 25th. The shares were acquired at an average price of $193.81 per share, for a total transaction of $75,401,199.07. Following the transaction, the director directly owned 389,047 shares of the company’s stock, valued at approximately $75,401,199.07. The trade was a ∞ increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Stanley Tang sold 45,410 shares of the stock in a transaction dated Monday, December 1st. The shares were sold at an average price of $205.07, for a total value of $9,312,228.70. The disclosure for this sale is available in the SEC filing. Insiders sold 315,725 shares of company stock worth $67,969,184 in the last ninety days. Insiders own 5.83% of the company’s stock.

Hedge Funds Weigh In On DoorDash

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Norges Bank acquired a new position in shares of DoorDash during the fourth quarter worth $1,093,650,000. Wellington Management Group LLP raised its position in DoorDash by 593.1% during the 4th quarter. Wellington Management Group LLP now owns 5,481,693 shares of the company’s stock worth $1,241,494,000 after purchasing an additional 4,690,744 shares during the last quarter. Price T Rowe Associates Inc. MD lifted its holdings in DoorDash by 32.8% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 13,958,114 shares of the company’s stock worth $3,161,234,000 after buying an additional 3,447,754 shares during the period. Coatue Management LLC grew its position in shares of DoorDash by 77.8% in the 4th quarter. Coatue Management LLC now owns 4,365,365 shares of the company’s stock valued at $988,668,000 after buying an additional 1,910,488 shares during the last quarter. Finally, Vanguard Group Inc. grew its position in shares of DoorDash by 4.6% in the 2nd quarter. Vanguard Group Inc. now owns 41,190,085 shares of the company’s stock valued at $10,153,768,000 after buying an additional 1,792,799 shares during the last quarter. 90.64% of the stock is currently owned by institutional investors and hedge funds.

Key DoorDash News

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.