Bank of America Issues Positive Forecast for DoorDash (NASDAQ:DASH) Stock Price

DoorDash (NASDAQ:DASH) had its target price boosted by investment analysts at Bank of America from $260.00 to $272.00 in a research note issued to investors on Thursday,Benzinga reports. The firm currently has a “buy” rating on the stock. Bank of America‘s price objective indicates a potential upside of 56.88% from the stock’s previous close.

DASH has been the topic of a number of other research reports. Royal Bank Of Canada cut their price objective on shares of DoorDash from $300.00 to $270.00 and set an “outperform” rating on the stock in a research report on Thursday, November 6th. Wedbush raised their target price on shares of DoorDash from $260.00 to $270.00 and gave the company an “outperform” rating in a research note on Friday, December 19th. Benchmark upped their price target on shares of DoorDash from $315.00 to $320.00 and gave the stock a “buy” rating in a research report on Tuesday, November 4th. Wells Fargo & Company increased their price target on shares of DoorDash from $239.00 to $251.00 and gave the company an “equal weight” rating in a research note on Thursday, January 8th. Finally, Stifel Nicolaus decreased their price objective on shares of DoorDash from $253.00 to $224.00 and set a “hold” rating for the company in a research report on Tuesday, January 27th. One investment analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating and nine have issued a Hold rating to the company. According to MarketBeat.com, DoorDash presently has an average rating of “Moderate Buy” and a consensus target price of $275.41.

DoorDash Trading Up 6.8%

Shares of DoorDash stock opened at $173.38 on Thursday. The stock has a market capitalization of $74.73 billion, a P/E ratio of 88.01 and a beta of 1.77. DoorDash has a 12-month low of $155.40 and a 12-month high of $285.50. The company has a quick ratio of 2.04, a current ratio of 2.04 and a debt-to-equity ratio of 0.29. The company has a 50-day simple moving average of $209.66 and a 200 day simple moving average of $232.23.

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 return on equity of 9.97% and a net margin of 6.83%.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 posted $0.33 EPS. DoorDash’s revenue for the quarter was up 37.7% on a year-over-year basis. Research analysts expect that DoorDash will post 2.22 earnings per share for the current fiscal year.

Insider Buying and Selling

In other DoorDash news, Director Alfred Lin bought 389,047 shares of DoorDash stock in a transaction dated Tuesday, November 25th. The stock was bought at an average price of $193.81 per share, with a total value of $75,401,199.07. Following the completion of the transaction, the director owned 389,047 shares in the company, valued at $75,401,199.07. The trade was a ∞ increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, COO Prabir Adarkar sold 30,000 shares of DoorDash stock in a transaction dated Monday, December 22nd. The stock was sold at an average price of $234.57, for a total transaction of $7,037,100.00. Following the completion of the sale, the chief operating officer owned 874,130 shares of the company’s stock, valued at $205,044,674.10. This trade represents a 3.32% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 315,725 shares of company stock valued at $67,969,184 in the last ninety days. 5.83% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On DoorDash

Several hedge funds and other institutional investors have recently made changes to their positions in DASH. Physician Wealth Advisors Inc. increased its holdings in DoorDash by 284.0% in the 3rd 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 holdings in shares of DoorDash by 714.3% during the fourth quarter. Eastern Bank now owns 114 shares of the company’s stock worth $26,000 after purchasing an additional 100 shares during the last quarter. Swiss RE Ltd. acquired a new position in shares of DoorDash in the fourth quarter valued at approximately $28,000. ST Germain D J Co. Inc. acquired a new position in shares of DoorDash in the fourth quarter valued at approximately $29,000. Finally, Kemnay Advisory Services Inc. bought a new position in DoorDash in the 4th quarter valued at approximately $32,000. 90.64% of the stock is currently owned by institutional investors and hedge funds.

Key DoorDash News

Here are the key news stories impacting DoorDash this week:

• Positive Sentiment: Management raised its order outlook and highlighted a push into AI/chatbot experiences that could drive higher engagement and new revenue streams — WSJ coverage. DoorDash Stock Jumps on Strong Order Forecast; Company Eyes Chatbot Era
• Positive Sentiment: CEO Tony Xu said DoorDash has an edge over Amazon in grocery delivery due to broader retail partnerships — supports growth potential in higher-frequency categories. DoorDash’s CEO says he’s got an edge on Amazon in groceries
• Neutral Sentiment: Company reiterated strategic shift toward owning the software/logistics stack and highlighted investments such as Agentic AI and international (Deliveroo) exposure — long-term strategic positives but near-term costly. DoorDash Q4 Earnings Highlight Deliveroo and Agentic AI Push
• Neutral Sentiment: Macro risk: broader U.S.-Iran tensions pressured futures and market sentiment today, weighing on cyclical/high-beta names including DASH. Stock Market Today: S&P 500, Nasdaq 100 Futures Fall Amid Escalating US-Iran Tensions
• Negative Sentiment: Q4 miss: EPS $0.48 vs. $0.58 expected and revenue $3.96B vs. $3.98B — the miss prompted initial selling. DoorDash Q4 Earnings and Revenues Miss Estimates
• Negative Sentiment: Weak near-term profitability guidance and ramped-up spending (international, Deliveroo stake, AI) expected to dent Q1 adjusted EBITDA and stoked investor concern. DoorDash Expects Ramped Up Spending to Dent First Quarter
• Negative Sentiment: Analyst and media notes highlighted investor worry about the investment cycle and margin pressure; Evercore ISI flagged that spending could weigh on sentiment. Evercore ISI’s Mark Mahaney: Fears around investment cycle weighing on Doordash
• Negative Sentiment: Reputational/regulatory flag: Signal Law Group issued a risk bulletin citing elevated pricing-transparency risk indicators, a potential long-term headwind. Signal Law Group Issues Vigilant Risk Score Bulletin on DoorDash

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.