Analysts Set DoorDash, Inc. (NASDAQ:DASH) PT at $262.82

Shares of DoorDash, Inc. (NASDAQ:DASH) have received an average rating of “Moderate Buy” from the thirty-six ratings firms that are covering the company, Marketbeat reports. Nine research analysts have rated the stock with a hold recommendation, twenty-six have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year price target among analysts that have issued ratings on the stock in the last year is $262.8235.

Several brokerages have recently commented on DASH. The Goldman Sachs Group set a $267.00 price target on shares of DoorDash in a research note on Monday, February 2nd. BMO Capital Markets reaffirmed an “outperform” rating on shares of DoorDash in a research note on Friday, December 12th. Jefferies Financial Group upped their price objective on shares of DoorDash from $260.00 to $270.00 and gave the stock a “buy” rating in a report on Thursday, December 11th. Mizuho cut their target price on DoorDash from $320.00 to $255.00 and set an “outperform” rating on the stock in a report on Tuesday, March 3rd. Finally, Bank of America boosted their price target on DoorDash from $260.00 to $272.00 and gave the stock a “buy” rating in a research report on Thursday, February 19th.

Insiders Place Their Bets

In other DoorDash news, COO Prabir Adarkar sold 30,000 shares of the stock in a transaction that occurred on 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 transaction, the chief operating officer owned 874,130 shares in the company, valued at $205,044,674.10. This trade represents a 3.32% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Andy Fang sold 30,000 shares of DoorDash stock in a transaction that occurred on Friday, January 2nd. The shares were sold at an average price of $222.52, for a total transaction of $6,675,600.00. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 187,317 shares of company stock worth $41,168,331 in the last three months. 5.83% of the stock is owned by insiders.

Institutional Trading of DoorDash

Large investors have recently modified their holdings of the company. Rockefeller Capital Management L.P. grew its stake in DoorDash by 85.8% in the 4th quarter. Rockefeller Capital Management L.P. now owns 45,958 shares of the company’s stock valued at $10,409,000 after buying an additional 21,221 shares during the last quarter. Osbon Capital Management LLC acquired a new position in DoorDash during the 4th quarter worth $209,000. World Investment Advisors boosted its holdings in DoorDash by 6.2% during the fourth quarter. World Investment Advisors now owns 4,175 shares of the company’s stock valued at $946,000 after acquiring an additional 243 shares during the period. Sentinel Dome Partners LLC acquired a new stake in shares of DoorDash in the fourth quarter valued at about $3,103,000. Finally, Rehmann Capital Advisory Group grew its position in shares of DoorDash by 8.0% in the fourth quarter. Rehmann Capital Advisory Group now owns 1,107 shares of the company’s stock valued at $251,000 after purchasing an additional 82 shares during the last quarter. 90.64% of the stock is owned by institutional investors.

Key Stories Impacting DoorDash

Here are the key news stories impacting DoorDash this week:

• Positive Sentiment: DoorDash launched “Tasks,” an app that pays couriers to submit photos/videos to train AI models — this creates a proprietary data pipeline and potential new revenue/AI moat if DoorDash monetizes or improves logistics automation. DoorDash Is Turning 8 Million Couriers Into An AI Training Machine
• Positive Sentiment: Partnership with Foot Locker, Kids Foot Locker and Champs Sports expands DoorDash Marketplace into on‑demand retail, diversifying order mix beyond restaurants and potentially lifting GMV and frequency. DoorDash Teams Up with Foot Locker…
• Positive Sentiment: Positive PR bump from CEO donating to a viral fundraiser for an elderly driver — goodwill can help public perception amid service/worker debates. (UPDATE) DoorDash CEO Adds $20,000…
• Neutral Sentiment: Analysts rate DoorDash around “Moderate Buy” on average — suggests mixed but constructive institutional view that still expects growth. DoorDash Given Average Rating…
• Neutral Sentiment: Short‑interest data in recent reports appears inconsistent (values show 0 shares/NaN), so current published short figures are unreliable and probably not the primary driver of intraday moves.
• Negative Sentiment: Investors remain focused on DoorDash’s recent earnings miss and guidance — coverage notes the stock has fallen since the report, raising near‑term valuation concerns and pressuring the share price. DoorDash (DASH) Down 9.6% Since Last Earnings Report
• Negative Sentiment: The Tasks program raises labor, privacy and regulatory risks (workers filming in homes, additional per‑task payouts and potential backlash), which could add costs or invite scrutiny even as it builds data assets. DoorDash taps millions of couriers to train artificial intelligence

DoorDash Stock Down 1.6%

Shares of DoorDash stock opened at $156.64 on Thursday. The firm has a market cap of $68.05 billion, a price-to-earnings ratio of 73.89 and a beta of 1.82. The stock has a 50-day simple moving average of $184.54 and a 200-day simple moving average of $219.85. DoorDash has a 52-week low of $153.00 and a 52-week high of $285.50. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.41 and a quick ratio of 1.41.

DoorDash (NASDAQ:DASH) last released its quarterly earnings data on Wednesday, February 18th. The company reported $0.48 EPS for the quarter, missing analysts’ consensus estimates of $0.58 by ($0.10). The firm had revenue of $3.96 billion during the quarter, compared to analyst estimates of $3.98 billion. DoorDash had a return on equity of 10.15% and a net margin of 6.82%.The company’s quarterly revenue was up 37.7% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.33 EPS. On average, equities research analysts expect that DoorDash will post 2.22 earnings per share for the current fiscal year.

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.