DoorDash (NASDAQ:DASH) Price Target Cut to $199.00 by Analysts at Wells Fargo & Company

DoorDash (NASDAQ:DASH) had its price objective decreased by Wells Fargo & Company from $200.00 to $199.00 in a report published on Monday, MarketBeat Ratings reports. Wells Fargo & Company currently has an equal weight rating on the stock.

A number of other research analysts also recently weighed in on the company. DA Davidson cut their price target on DoorDash from $224.00 to $200.00 and set a “neutral” rating on the stock in a research note on Thursday, May 7th. Moffett Nathanson set a $276.00 target price on shares of DoorDash in a report on Wednesday, April 15th. Guggenheim reaffirmed a “buy” rating and set a $255.00 price objective on shares of DoorDash in a research note on Tuesday, June 23rd. Needham & Company LLC restated a “buy” rating and issued a $265.00 price target on shares of DoorDash in a report on Thursday, May 7th. Finally, BTIG Research dropped their target price on shares of DoorDash from $280.00 to $225.00 and set a “buy” rating on the stock in a report on Friday, June 12th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating and nine have issued a Hold rating to the stock. Based on data from MarketBeat, DoorDash presently has an average rating of “Moderate Buy” and an average target price of $256.08.

DoorDash Stock Up 4.5%

NASDAQ DASH opened at $196.88 on Monday. The stock has a market capitalization of $85.78 billion, a P/E ratio of 93.73 and a beta of 1.78. DoorDash has a 52 week low of $143.30 and a 52 week high of $285.50. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.43 and a current ratio of 1.43. The stock has a fifty day moving average of $166.22 and a 200-day moving average of $179.95.

DoorDash (NASDAQ:DASH) last posted its quarterly earnings results on Wednesday, May 6th. The company reported $0.42 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.36 by $0.06. The business had revenue of $4.04 billion for the quarter, compared to analysts’ expectations of $4.15 billion. DoorDash had a return on equity of 9.58% and a net margin of 6.29%.The firm’s quarterly revenue was up 33.1% compared to the same quarter last year. During the same quarter last year, the business earned $0.44 earnings per share. On average, equities research analysts forecast that DoorDash will post 2.41 EPS for the current year.

Insider Transactions at DoorDash

In related news, Director Andy Fang sold 5,000 shares of the stock in a transaction on Wednesday, June 24th. The stock was sold at an average price of $180.00, for a total value of $900,000.00. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Prabir Adarkar sold 21,739 shares of the company’s stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $155.25, for a total value of $3,374,979.75. Following the completion of the transaction, the chief operating officer directly owned 959,076 shares in the company, valued at $148,896,549. The trade was a 2.22% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 42,707 shares of company stock valued at $7,113,039. Company insiders own 5.83% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Sincerus Advisory LLC bought a new stake in DoorDash in the second quarter valued at approximately $243,000. MassMutual Private Wealth & Trust FSB grew its holdings in DoorDash by 14.1% during the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 850 shares of the company’s stock worth $157,000 after acquiring an additional 105 shares during the period. CX Institutional raised its position in shares of DoorDash by 1,012.5% in the 2nd quarter. CX Institutional now owns 1,958 shares of the company’s stock worth $361,000 after acquiring an additional 1,782 shares in the last quarter. Empowered Funds LLC grew its stake in DoorDash by 3.0% during the first quarter. Empowered Funds LLC now owns 48,765 shares of the company’s stock worth $7,322,000 after purchasing an additional 1,403 shares during the period. Finally, Militia Capital Management LLC acquired a new position in DoorDash in the first quarter valued at approximately $348,000. Institutional investors and hedge funds own 90.64% of the company’s stock.

More DoorDash News

Here are the key news stories impacting DoorDash this week:

• Positive Sentiment: DoorDash is expanding beyond restaurant delivery, with a report highlighting its push into auto parts. That suggests the company is still looking for new categories to support growth and could help the market re-evaluate its long-term valuation. DoorDash (DASH) Pushes Into Auto Parts As Its Valuation Case Gets A Fresh Look
• Positive Sentiment: DoorDash also announced it will report second-quarter 2026 results on August 5, which keeps attention on upcoming earnings and could build anticipation if investors expect another strong quarter. DoorDash to Announce Second Quarter 2026 Results on August 5, 2026
• Neutral Sentiment: Technical commentary says the stock is testing resistance near $191 and the 200-day moving average around $200. That points to a possible near-term upside breakout, but it is not a fundamental catalyst by itself. DoorDash (DASH) Price Forecast: Can Bulls Clear $200 Barrier?
• Neutral Sentiment: Several lifestyle and viral stories mentioned DoorDash deliveries or drivers, including a soccer event recap and a delivery-related celebrity anecdote. These add brand visibility, but they are unlikely to materially affect the stock. DoorDash Just Turned the Hypebeast Cup Clubhouse Into NYCs Ultimate Soccer Hangout Andrew Garfield once recalled the DoorDash delivery that threatened ‘Spider-Man: No Way Home’ secrecy
• Negative Sentiment: Wells Fargo trimmed its price target on DoorDash to $199 from $200 and kept an equal-weight rating, signaling a cautious stance even though the target still implies some upside. Read More: Read More.
• Negative Sentiment: Multiple crime and misconduct headlines involving DoorDash drivers may weigh on sentiment by reinforcing reputational and liability concerns, even though they do not reflect the company’s core financial performance. A DoorDash driver is charged with homicide after fatally shooting an Amazon employee over a comment about his height Did our DoorDash driver eat our food? Lakeland DoorDash Driver Flees Hit-And-Run, Admits It Was A “Stupid” Decision ‘Cat scratch fever’: Florida man arrested after exposing himself to DoorDash driver, sheriff says

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.