DoorDash (NASDAQ:DASH) Price Target Raised to $225.00 at Jefferies Financial Group

DoorDash (NASDAQ:DASH) had its price target raised by Jefferies Financial Group from $220.00 to $225.00 in a research note released on Tuesday,Benzinga reports. They currently have a buy rating on the stock.

A number of other equities research analysts have also recently commented on the stock. TD Cowen started coverage on shares of DoorDash in a report on Monday, April 27th. They issued a “buy” rating and a $225.00 price target on the stock. Rothschild & Co Redburn set a $350.00 target price on DoorDash in a research note on Tuesday, May 12th. Wells Fargo & Company dropped their price target on DoorDash from $200.00 to $199.00 and set an “equal weight” rating on the stock in a research report on Monday, July 6th. Needham & Company LLC reiterated a “buy” rating and set a $265.00 price target on shares of DoorDash in a research note on Thursday, May 7th. Finally, Citigroup reissued a “market outperform” rating on shares of DoorDash in a report on Monday, June 22nd. Two analysts have rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating and nine have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $254.69.

DoorDash Stock Performance

NASDAQ DASH opened at $187.79 on Tuesday. DoorDash has a 52-week low of $143.30 and a 52-week high of $285.50. The company has a 50-day simple moving average of $168.61 and a 200 day simple moving average of $178.26. 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 company has a market capitalization of $81.82 billion, a PE ratio of 89.42 and a beta of 1.78.

DoorDash (NASDAQ:DASH) last announced its quarterly earnings data on Wednesday, May 6th. The company reported $0.42 EPS for the quarter, topping the consensus estimate of $0.36 by $0.06. The business had revenue of $4.04 billion for the quarter, compared to analyst estimates of $4.15 billion. DoorDash had a net margin of 6.29% and a return on equity of 9.58%. The company’s revenue for the quarter was up 33.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.44 earnings per share. On average, research analysts predict that DoorDash will post 2.4 EPS for the current year.

Insider Transactions at DoorDash

In other news, CFO Ravi Inukonda sold 19,095 shares of the stock in a transaction dated Wednesday, July 8th. The shares were sold at an average price of $188.04, for a total value of $3,590,623.80. Following the sale, the chief financial officer directly owned 252,443 shares of the company’s stock, valued at approximately $47,469,381.72. This represents a 7.03% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Andy Fang sold 5,000 shares of the firm’s stock in a transaction that occurred on Wednesday, June 24th. The shares were sold at an average price of $180.00, for a total transaction of $900,000.00. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 84,927 shares of company stock valued at $15,124,932. Company insiders own 5.83% of the company’s stock.

Institutional Trading of DoorDash

Several institutional investors and hedge funds have recently bought and sold shares of DASH. Brighton Jones LLC raised its position in shares of DoorDash by 24.0% in the fourth quarter. Brighton Jones LLC now owns 9,336 shares of the company’s stock worth $1,566,000 after buying an additional 1,807 shares in the last quarter. 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 during the period. Empowered Funds LLC grew its position 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 buying an additional 285 shares in the last quarter. Sivia Capital Partners LLC grew its position in DoorDash by 92.9% during the second quarter. Sivia Capital Partners LLC now owns 4,255 shares of the company’s stock worth $1,049,000 after buying an additional 2,049 shares in the last quarter. Finally, Baird Financial Group Inc. bought a new position in DoorDash in the 2nd quarter worth about $222,000. 90.64% of the stock is currently owned by hedge funds and other institutional investors.

Key DoorDash News

Here are the key news stories impacting DoorDash this week:

• Positive Sentiment: Jefferies raised its price target on DoorDash to $225 from $220 and reiterated a buy rating, signaling confidence in additional upside for the stock. Benzinga report on Jefferies price target increase
• Positive Sentiment: DoorDash announced a partnership with Hungry Howie’s to improve digital ordering and loyalty, which could expand DoorDash’s restaurant tech ecosystem and drive more orders through its platform. Hungry Howie’s and DoorDash partnership press release
• Positive Sentiment: DoorDash also expanded its reach with a Shopify integration for brick-and-mortar and smaller merchants, potentially making it easier for more retailers to offer on-demand delivery and use DoorDash as a fulfillment channel. Retail TouchPoints article on DoorDash-Shopify integration
• Neutral Sentiment: Media coverage around DashPass promotions, “Sweet Treat Week” deals, and recognition of the subscription’s family-sharing benefits may help brand awareness, but these items appear more promotional than material for near-term fundamentals. Yahoo Finance article on DashPass recognition
• Negative Sentiment: A $25 million lawsuit tied to a 2025 motorcycle crash introduces legal overhang and potential reputational risk, though the financial impact is still unclear at this stage. 13News Now article on DoorDash lawsuit

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.