DoorDash, Inc. $DASH Shares Acquired by DNB Asset Management AS

DNB Asset Management AS boosted its position in shares of DoorDash, Inc. (NASDAQ:DASH) by 8.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 73,081 shares of the company’s stock after buying an additional 5,449 shares during the period. DNB Asset Management AS’s holdings in DoorDash were worth $16,551,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in the company. American Century Companies Inc. boosted its stake in shares of DoorDash by 5.0% in the third quarter. American Century Companies Inc. now owns 485,088 shares of the company’s stock valued at $131,941,000 after buying an additional 22,944 shares in the last quarter. Caprock Group LLC purchased a new stake in shares of DoorDash in the third quarter valued at approximately $3,169,000. Vaughan Nelson Investment Management L.P. purchased a new stake in shares of DoorDash in the fourth quarter valued at approximately $41,712,000. Mitsubishi UFJ Asset Management Co. Ltd. boosted its stake in shares of DoorDash by 7.1% in the third quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 806,191 shares of the company’s stock valued at $219,276,000 after buying an additional 53,722 shares in the last quarter. Finally, Jefferies Financial Group Inc. boosted its stake in shares of DoorDash by 136.6% in the third quarter. Jefferies Financial Group Inc. now owns 42,355 shares of the company’s stock valued at $11,520,000 after buying an additional 24,454 shares in the last quarter. Institutional investors and hedge funds own 90.64% of the company’s stock.

Analysts Set New Price Targets

DASH has been the topic of a number of analyst reports. Stifel Nicolaus decreased their price target on DoorDash from $215.00 to $185.00 and set a “hold” rating on the stock in a research note on Monday, April 13th. Morgan Stanley reiterated an “overweight” rating and set a $275.00 target price on shares of DoorDash in a research report on Thursday, February 19th. Roth Mkm reiterated a “neutral” rating and set a $200.00 target price on shares of DoorDash in a research report on Thursday, February 19th. Wells Fargo & Company boosted their target price on DoorDash from $198.00 to $200.00 and gave the stock an “equal weight” rating in a research report on Thursday, May 7th. Finally, Sanford C. Bernstein decreased their target price on DoorDash from $285.00 to $270.00 and set an “outperform” rating on the stock in a research report on Thursday, February 19th. Two analysts have rated the stock with a Strong Buy rating, twenty-five have given a Buy rating and nine have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $259.58.

DoorDash Trading Up 3.6%

Shares of DASH stock opened at $159.20 on Friday. The firm has a 50-day moving average price of $164.58 and a 200 day moving average price of $193.15. DoorDash, Inc. has a twelve month low of $143.30 and a twelve month high of $285.50. The company has a market capitalization of $69.37 billion, a price-to-earnings ratio of 75.81 and a beta of 1.87. The company has a current ratio of 1.43, a quick ratio of 1.43 and a debt-to-equity ratio of 0.27.

DoorDash (NASDAQ:DASH) last released its earnings results on Wednesday, May 6th. The company reported $0.42 earnings per share for the quarter, topping the consensus estimate of $0.36 by $0.06. DoorDash had a return on equity of 9.58% and a net margin of 6.29%.The firm had revenue of $4.04 billion for the quarter, compared to the consensus estimate of $4.15 billion. During the same period in the prior year, the business posted $0.44 earnings per share. The firm’s revenue for the quarter was up 33.1% compared to the same quarter last year. Research analysts forecast that DoorDash, Inc. will post 2.45 earnings per share for the current fiscal year.

Key DoorDash News

Here are the key news stories impacting DoorDash this week:

• Positive Sentiment: Rothschild & Co Redburn raised its price target on DoorDash to $350 from $300 and kept a Buy rating, citing confidence in the company’s long-term growth opportunity. Is DoorDash (DASH) the Best Depressed Stock to Buy in 2026?
• Positive Sentiment: Zacks Research upgraded DoorDash from “strong sell” to “hold,” which may be helping sentiment around the stock. Zacks.com
• Positive Sentiment: New merchant partnerships, including Urban Outfitters launching on DoorDash, show the platform expanding beyond restaurant delivery into broader commerce use cases. Urban Outfitters Just Launched on DoorDash

Insider Buying and Selling

In related news, Director Stanley Tang sold 21,433 shares of the stock in a transaction dated Thursday, April 2nd. The stock was sold at an average price of $150.00, for a total transaction of $3,214,950.00. Following the transaction, the director directly owned 19,279 shares in the company, valued at approximately $2,891,850. This represents a 52.65% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Shona L. Brown sold 1,250 shares of the stock in a transaction dated Monday, March 9th. The stock was sold at an average price of $176.61, for a total value of $220,762.50. Following the transaction, the director owned 31,002 shares in the company, valued at $5,475,263.22. This trade represents a 3.88% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 42,683 shares of company stock worth $6,908,813. 5.83% of the stock is owned by company insiders.

DoorDash 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.