DoorDash (NASDAQ:DASH) Shares Gap Down Following Analyst Downgrade

DoorDash, Inc. (NASDAQ:DASH)’s stock price gapped down prior to trading on Monday after Citizens Jmp lowered their price target on the stock from $285.00 to $250.00. The stock had previously closed at $176.29, but opened at $167.95. Citizens Jmp currently has a market outperform rating on the stock. DoorDash shares last traded at $164.3050, with a volume of 2,153,814 shares traded.

Other equities analysts also recently issued reports about the company. Morgan Stanley restated an “overweight” rating and issued a $275.00 target price on shares of DoorDash in a research note on Thursday, February 19th. Wall Street Zen downgraded DoorDash from a “buy” rating to a “hold” rating in a report on Saturday, November 1st. Guggenheim lowered their price objective on DoorDash from $275.00 to $255.00 and set a “buy” rating for the company in a research note on Thursday, February 19th. Wells Fargo & Company dropped their target price on DoorDash from $251.00 to $221.00 and set an “equal weight” rating on the stock in a research report on Thursday, February 19th. Finally, Stifel Nicolaus cut their target price on DoorDash from $253.00 to $224.00 and set a “hold” rating on the stock in a research note on Tuesday, January 27th. One 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 MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $264.74.

Insiders Place Their Bets

In related news, CEO Tony Xu sold 16,667 shares of the stock in a transaction dated Thursday, December 18th. The shares were sold at an average price of $230.00, for a total value of $3,833,410.00. Following the completion of the transaction, the chief executive officer owned 1,500 shares in the company, valued at $345,000. This represents a 91.74% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Andy Fang sold 30,000 shares of the firm’s stock in a transaction dated Friday, January 2nd. The shares were sold at an average price of $222.52, for a total transaction of $6,675,600.00. The SEC filing for this sale provides additional information. Insiders sold a total of 291,236 shares of company stock valued at $63,380,925 over the last three months. 5.83% of the stock is currently owned by company insiders.

Key DoorDash News

Here are the key news stories impacting DoorDash this week:

• Positive Sentiment: Citi keeps DASH as a top pick after DoorDash’s recent quarter, signaling continued analyst conviction and potential support for the stock from investors focused on fundamentals. Article Title
• Neutral Sentiment: DoorDash resumed deliveries in New York after suspending service for a record snowfall — resumption reduces the immediate revenue hit but highlights weather-related volatility in operations. Article Title
• Neutral Sentiment: Local customer reaction to the NYC shutdown generated negative press-level chatter; this may be short-lived but can pressure brand perception if repeats occur. Article Title
• Negative Sentiment: Research firm Citrini warned consumer AI agents could bypass delivery apps, posing a longer-term strategic threat to DoorDash’s marketplace model and take-rates if ordering shifts away from platform apps. Article Title
• Negative Sentiment: Shares were pressured amid a broader tech sector selloff that included DoorDash; macro/rotation-driven declines can amplify company-specific headlines. Article Title
• Negative Sentiment: Operational disruptions from the blizzard — including multiple city/state suspensions and DoorDash extending NYC pauses while competitors like Grubhub resumed — likely cost orders to rivals and underline near-term revenue risk during extreme weather. (Representative articles: Business Insider, MSN, Stamford Advocate, Yahoo.) Article Title Article Title Article Title

Institutional Investors Weigh In On DoorDash

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Brighton Jones LLC increased its position in shares of DoorDash by 24.0% during the 4th quarter. Brighton Jones LLC now owns 9,336 shares of the company’s stock valued at $1,566,000 after purchasing an additional 1,807 shares during the period. Integrated Wealth Concepts LLC boosted its stake in DoorDash by 21.5% during the first quarter. Integrated Wealth Concepts LLC now owns 1,715 shares of the company’s stock valued at $314,000 after buying an additional 303 shares in the last quarter. Empowered Funds LLC grew its holdings in DoorDash by 3.6% during the first quarter. Empowered Funds LLC now owns 8,130 shares of the company’s stock worth $1,486,000 after acquiring an additional 285 shares during the period. Sivia Capital Partners LLC raised its position in DoorDash by 92.9% in the second quarter. Sivia Capital Partners LLC now owns 4,255 shares of the company’s stock worth $1,049,000 after acquiring an additional 2,049 shares in the last quarter. Finally, Oppenheimer Asset Management Inc. lifted its holdings in DoorDash by 84.8% in the 2nd quarter. Oppenheimer Asset Management Inc. now owns 5,446 shares of the company’s stock valued at $1,342,000 after acquiring an additional 2,499 shares during the last quarter. Institutional investors own 90.64% of the company’s stock.

DoorDash Stock Down 0.2%

The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.41 and a current ratio of 1.41. The stock’s fifty day simple moving average is $205.15 and its two-hundred day simple moving average is $229.50. The company has a market capitalization of $70.85 billion, a price-to-earnings ratio of 77.54 and a beta of 1.78.

DoorDash (NASDAQ:DASH) last announced its quarterly earnings data 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). DoorDash had a return on equity of 10.15% and a net margin of 6.82%.The business had revenue of $3.96 billion during the quarter, compared to analyst estimates of $3.98 billion. During the same period in the prior year, the firm earned $0.33 EPS. The business’s revenue for the quarter was up 37.7% on a year-over-year basis. On average, sell-side analysts anticipate that DoorDash, Inc. will post 2.22 EPS for the current year.

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.