Alliancebernstein L.P. Boosts Stake in DoorDash, Inc. $DASH

Alliancebernstein L.P. boosted its position in DoorDash, Inc. (NASDAQ:DASH) by 4.7% in the 3rd quarter, Holdings Channel reports. The firm owned 524,553 shares of the company’s stock after buying an additional 23,411 shares during the quarter. Alliancebernstein L.P.’s holdings in DoorDash were worth $142,673,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of DASH. Ameriprise Financial Inc. grew its stake in shares of DoorDash by 3.2% during the third quarter. Ameriprise Financial Inc. now owns 900,268 shares of the company’s stock valued at $244,858,000 after buying an additional 28,306 shares during the last quarter. Schonfeld Strategic Advisors LLC lifted its stake in shares of DoorDash by 41.7% during the 3rd quarter. Schonfeld Strategic Advisors LLC now owns 62,916 shares of the company’s stock worth $17,113,000 after acquiring an additional 18,517 shares during the last quarter. Durable Capital Partners LP boosted its holdings in DoorDash by 62.8% during the 3rd quarter. Durable Capital Partners LP now owns 1,671,659 shares of the company’s stock valued at $454,675,000 after acquiring an additional 645,010 shares during the period. Credit Agricole S A purchased a new position in DoorDash during the 3rd quarter valued at $72,286,000. Finally, Raymond James Financial Inc. grew its position in DoorDash by 0.3% in the 3rd quarter. Raymond James Financial Inc. now owns 604,619 shares of the company’s stock valued at $164,450,000 after acquiring an additional 2,093 shares during the last quarter. Hedge funds and other institutional investors own 90.64% of the company’s stock.

Analyst Ratings Changes

A number of analysts have weighed in on DASH shares. Citigroup reduced their target price on DoorDash from $283.00 to $280.00 and set a “buy” rating on the stock in a research note on Friday, February 20th. Wells Fargo & Company lowered their target price on shares of DoorDash from $251.00 to $221.00 and set an “equal weight” rating for the company in a research note on Thursday, February 19th. Roth Mkm restated a “neutral” rating and issued a $200.00 price target on shares of DoorDash in a report on Thursday, February 19th. Oppenheimer decreased their price objective on shares of DoorDash from $280.00 to $235.00 and set an “outperform” rating for the company in a report on Thursday, February 19th. Finally, Sanford C. Bernstein lowered their price objective on shares of DoorDash from $285.00 to $270.00 and set an “outperform” rating for the company in a research report on Thursday, February 19th. One investment 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. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $262.82.

DoorDash Stock Performance

DASH stock opened at $167.78 on Tuesday. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.41 and a quick ratio of 1.41. The business has a 50-day moving average price of $189.51 and a 200 day moving average price of $221.99. The company has a market capitalization of $72.89 billion, a P/E ratio of 79.14 and a beta of 1.82. DoorDash, Inc. has a 1-year low of $155.40 and a 1-year high of $285.50.

DoorDash (NASDAQ:DASH) last issued 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 business 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%.The firm’s revenue was up 37.7% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.33 earnings per share. As a group, equities research analysts forecast that DoorDash, Inc. will post 2.22 EPS for the current fiscal year.

Insider Transactions at DoorDash

In related news, CEO Tony Xu sold 16,667 shares of DoorDash stock in a transaction that occurred on Monday, January 5th. The shares were 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. This trade represents a 91.74% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, COO Prabir Adarkar sold 15,000 shares of the business’s stock in a transaction that occurred on Tuesday, January 20th. The stock was sold at an average price of $204.59, for a total transaction of $3,068,850.00. Following the completion of the transaction, the chief operating officer directly owned 874,130 shares of the company’s stock, valued at $178,838,256.70. This trade represents a 1.69% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 205,409 shares of company stock worth $45,332,298. Insiders own 5.83% of the company’s stock.

More DoorDash News

Here are the key news stories impacting DoorDash this week:

• Positive Sentiment: Pilot for delivery robots in Fremont signals DoorDash is advancing automation efforts that could lower last‑mile costs and improve long‑term margins. DoorDash robots headed for Fremont streets
• Positive Sentiment: Widespread media coverage of nearly $1M raised for a 78‑year‑old Dash driver has generated positive PR and community goodwill around the platform and driver network. Nearly $1 million raised for 78‑year‑old DoorDash driver
• Neutral Sentiment: DoorDash’s own Easter ordering data provides seasonal demand insight and marketing leverage — useful for topline growth but not an immediate earnings surprise. Hatching trends: How America is celebrating Easter, according to DoorDash data
• Negative Sentiment: $16M settlement notice highlights ongoing legal exposure and puts a modest near‑term cash cost on the table (likely immaterial vs. market cap but a headline risk). $16M DoorDash settlement: Who is eligible and when you could get payout
• Negative Sentiment: Oklahoma therapist won a trademark dispute against DoorDash — a legal loss that could signal brand/marketing vulnerabilities and set precedent for other small‑business disputes. Oklahoma Therapist Wins Trademark Battle Against DoorDash
• Negative Sentiment: Several high‑profile safety and crime stories (a driver discovering a decomposing body during a delivery; separate reports of a driver admitting a fatal assault) raise reputational and regulatory scrutiny around driver safety and platform controls. These are headline risks that could prompt calls for policy or monitoring changes. Decomposing Body Found Inside Closet After DoorDash Driver Smelled Foul Odor During Delivery DoorDash driver admits he killed Charlotte high schooler

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.