DoorDash, Inc. (DASH) – What Are Investment Firms Saying About This Stock?

DoorDash, Inc. (NASDAQ:DASH) has earned a consensus recommendation of “Moderate Buy” from the forty-two ratings firms that are currently covering the stock, MarketBeat.com reports. Ten analysts have rated the stock with a hold rating, thirty have issued a buy rating and two have issued a strong buy rating on the company. The average twelve-month target price among analysts that have covered the stock in the last year is $249.76.

DASH has been the subject of a number of analyst reports. Truist Financial upped their price objective on shares of DoorDash from $336.00 to $340.00 and gave the stock a “buy” rating in a research report on Friday, October 30th. UBS Group lowered their target price on shares of DoorDash from $225.00 to $213.00 and set a “neutral” rating on the stock in a report on Friday, October 30th. Barclays dropped their price target on shares of DoorDash from $230.00 to $205.00 and set an “equal weight” rating on the stock in a research note on Friday, October 30th. TD Cowen reissued a “buy” rating on shares of DoorDash in a report on Tuesday, October 27th. Finally, Susquehanna increased their price target on shares of DoorDash from $225.00 to $250.00 and gave the stock a “positive” rating in a report on Friday, August 7th.

DoorDash Stock Down 9.4%

DoorDash stock opened at $179.92 on Friday. DoorDash has a twelve month low of $143.30 and a twelve month high of $239.00. The stock has a 50 day moving average of $194.42 and a two-hundred day moving average of $182.64. The company has a current ratio of 1.46, a quick ratio of 1.37 and a debt-to-equity ratio of 0.25. The stock has a market capitalization of $77.96 billion, a price-to-earnings ratio of 74.35 and a beta of 1.98.

DoorDash (NASDAQ:DASH) last issued its quarterly earnings results on Thursday, October 29th. The company reported $1.06 earnings per share for the quarter, topping the consensus estimate of $0.81 by $0.25. DoorDash had a return on equity of 10.40% and a net margin of 6.23%. The firm had revenue of $4.62 billion during the quarter, compared to the consensus estimate of $4.56 billion. During the same period last year, the company earned $0.55 earnings per share. The company’s revenue for the quarter was up 34.0% on a year-over-year basis. As a group, research analysts expect that DoorDash will post 2.68 earnings per share for the current year.

Insider Activity at DoorDash

In other DoorDash news, COO Prabir Adarkar sold 55,289 shares of the business’s stock in a transaction that occurred on Tuesday, August 25th. The stock was sold at an average price of $231.76, for a total transaction of $12,813,778.64. Following the transaction, the chief operating officer owned 930,211 shares in the company, valued at approximately $215,585,701.36. The trade was a 5.61% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Tony Xu sold 29,567 shares of the stock in a transaction that occurred on Monday, August 24th. The stock was sold at an average price of $230.00, for a total value of $6,800,410.00. Following the transaction, the chief executive officer directly owned 1,500 shares of the company’s stock, valued at approximately $345,000. This trade represents a 95.17% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 349,430 shares of company stock worth $76,644,002 in the last three months. 44.90% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. JCP Investment Management LLC acquired a new stake in shares of DoorDash in the first quarter worth approximately $991,000. Godsey & Gibb Inc. grew its holdings in DoorDash by 1,510,137.1% in the third quarter. Godsey & Gibb Inc. now owns 528,583 shares of the company’s stock valued at $97,021,000 after purchasing an additional 528,548 shares during the period. Plato Investment Management Ltd acquired a new position in DoorDash during the second quarter worth approximately $1,024,000. Quantinno Capital Management LP increased its position in DoorDash by 4.9% during the first quarter. Quantinno Capital Management LP now owns 655,095 shares of the company’s stock worth $98,363,000 after purchasing an additional 30,881 shares during the last quarter. Finally, Monetta Financial Services Inc. purchased a new position in DoorDash during the second quarter worth approximately $1,015,000. Institutional investors and hedge funds own 90.64% of the company’s stock.

Key Headlines Impacting DoorDash

Here are the key news stories impacting DoorDash this week:

• Positive Sentiment: DoorDash and Lyft launched Lyft Go, a $9.99-per-month membership that includes DashPass and gives Lyft riders 8% credits toward future rides or DoorDash orders. The bundle could attract subscribers and encourage repeat use across both platforms. Lyft Debuts Joint Membership Program With DoorDash
• Neutral Sentiment: The proposed $17 billion Instacart acquisition remains a major strategic focus, with potential grocery and scale benefits—but coverage also highlights the challenge of competing with Amazon and Walmart. The deal’s eventual value to DASH depends on execution and realizing synergies. Can a DoorDash-Instacart fusion stand up to Amazon and Walmart?
• Negative Sentiment: Some small grocers are skeptical that the Instacart deal will help them compete, raising concerns about the acquisition’s impact on merchants and adding uncertainty to integration and regulatory considerations. Grocers push back on DoorDash’s Instacart deal
• Negative Sentiment: Director Stanley Tang sold 23,125 shares, reducing his direct holdings by about 69%. The sale was made under a pre-arranged Rule 10b5-1 plan, so it may be less informative as a view on the stock, but could still draw investor attention. DoorDash director share sale

About DoorDash

DoorDash, Inc (NASDAQ:DASH) operates a local commerce platform that connects consumers with restaurants, grocery stores, convenience retailers and other merchants. Through its website and mobile applications, customers can browse products, place orders for delivery or pickup, and access related services.

The company provides merchants with ordering, delivery, logistics, marketing and payment tools. Its offerings include the DoorDash Marketplace, subscription programs such as DashPass, and delivery infrastructure that merchants can use through services including DoorDash Drive.