DoorDash, Inc. (NASDAQ:DASH) Given Average Rating of “Moderate Buy” by Analysts

Shares of DoorDash, Inc. (NASDAQ:DASH) have received a consensus rating of “Moderate Buy” from the thirty-six ratings firms that are currently covering the company, MarketBeat reports. Nine analysts have rated the stock with a hold recommendation, twenty-six have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month price target among brokerages that have issued ratings on the stock in the last year is $262.8235.

DASH has been the topic of several research reports. Cantor Fitzgerald dropped their price objective on shares of DoorDash from $285.00 to $230.00 and set an “overweight” rating on the stock in a report on Thursday, February 19th. Oppenheimer dropped their price objective on DoorDash from $280.00 to $235.00 and set an “outperform” rating on the stock in a research note on Thursday, February 19th. Citizens Jmp dropped their target price on shares of DoorDash from $285.00 to $250.00 and set a “market outperform” rating on the stock in a research report on Friday, February 20th. Citigroup cut their price target on shares of DoorDash from $283.00 to $280.00 and set a “buy” rating on the stock in a report on Friday, February 20th. Finally, Morgan Stanley reissued an “overweight” rating and set a $275.00 price objective on shares of DoorDash in a report on Thursday, February 19th.

More DoorDash News

Here are the key news stories impacting DoorDash this week:

• Positive Sentiment: Bernstein reaffirmed an “Outperform” rating and highlighted DoorDash’s reinvestment-driven growth strategy, a vote of confidence from an institutional analyst that can support the stock. DoorDash (DASH) reinforces growth strategy through continued reinvestment, Bernstein reaffirms outperform
• Positive Sentiment: DoorDash is expanding into restaurant reservations and paying users to dine at partner restaurants — a strategic push to capture higher-value transactions and compete with rivals in the “reservation wars,” which could boost take rates and engagement over time. As Reservation Wars Heat Up, DoorDash Will Pay You to Eat at a Restaurant
• Positive Sentiment: Viral human-interest coverage of a 78‑year‑old DoorDash driver has generated large public donations and positive PR; DoorDash and its CEO contributed $20,000 to the fundraiser, a goodwill event that helps brand perception and driver relations. 78-year-old DoorDash driver gets massive tip from thousands of strangers after viral doorbell video
• Neutral Sentiment: Unusual options activity: traders bought ~42,347 call options in a single day (about a 140% jump vs. average), signaling speculative or hedged bullish interest but not confirming directional fundamentals. (No article link available)
• Negative Sentiment: A proposed $16.75M settlement related to a class action has been announced; while small relative to DoorDash’s market cap, it is a legal overhang and could inspire additional scrutiny or costs. See if you qualify for DoorDash’s $16.75M settlement
• Negative Sentiment: A report that a DoorDash driver pulled a gun on a gate guard and is now suing a Myrtle Beach-area HOA raises reputational and liability concerns tied to gig‑worker conduct and local dispute escalation. DoorDash driver pulls gun on gate guard. He’s now suing Myrtle Beach area HOA
• Negative Sentiment: Separately, a high-profile trial began for the highway superintendent who fatally shot a DoorDash worker — a tragic incident that keeps safety and liability in the headlines and could pressure sentiment. Trial for highway superintendent who shot DoorDash worker kicks off

DoorDash Price Performance

Shares of NASDAQ DASH opened at $164.99 on Thursday. The company has a market capitalization of $71.68 billion, a PE ratio of 77.83 and a beta of 1.82. The company has a quick ratio of 1.41, a current ratio of 1.41 and a debt-to-equity ratio of 0.27. The firm has a fifty day simple moving average of $187.01 and a 200 day simple moving average of $221.07. DoorDash has a twelve month low of $155.40 and a twelve month high of $285.50.

DoorDash (NASDAQ:DASH) last announced its earnings results on Wednesday, February 18th. The company reported $0.48 EPS for the quarter, missing the consensus estimate of $0.58 by ($0.10). DoorDash had a net margin of 6.82% and a return on equity of 10.15%. The business had revenue of $3.96 billion for the quarter, compared to the consensus estimate of $3.98 billion. During the same quarter in the previous year, the company earned $0.33 EPS. The firm’s revenue for the quarter was up 37.7% on a year-over-year basis. On average, sell-side analysts forecast that DoorDash will post 2.22 EPS for the current year.

Insiders Place Their Bets

In other DoorDash news, CFO Ravi Inukonda sold 1,425 shares of DoorDash stock in a transaction dated Friday, December 19th. The stock was sold at an average price of $231.97, for a total transaction of $330,557.25. Following the completion of the transaction, the chief financial officer owned 184,037 shares of the company’s stock, valued at $42,691,062.89. The trade was a 0.77% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Stanley Tang sold 45,410 shares of the business’s stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $209.01, for a total transaction of $9,491,144.10. The SEC filing for this sale provides additional information. Insiders sold 188,742 shares of company stock worth $41,498,888 in the last three months. Insiders own 5.83% of the company’s stock.

Hedge Funds Weigh In On DoorDash

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Physician Wealth Advisors Inc. grew its holdings in shares of 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 in the last quarter. Eastern Bank grew its stake in shares of DoorDash by 714.3% during the fourth quarter. Eastern Bank now owns 114 shares of the company’s stock valued at $26,000 after buying an additional 100 shares during the last quarter. MV Capital Management Inc. purchased a new position in DoorDash in the 4th quarter worth approximately $26,000. Swiss RE Ltd. purchased a new position in shares of DoorDash in the fourth quarter worth $28,000. Finally, ST Germain D J Co. Inc. purchased a new position in shares of DoorDash in the fourth quarter valued at about $29,000. 90.64% of the stock is currently owned by hedge funds and other institutional investors.

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.