DoorDash (NASDAQ:DASH) Price Target Cut to $224.00 by Analysts at DA Davidson

DoorDash (NASDAQ:DASH) had its price objective reduced by research analysts at DA Davidson from $260.00 to $224.00 in a report issued on Thursday,Benzinga reports. The brokerage presently has a “neutral” rating on the stock. DA Davidson’s target price suggests a potential upside of 29.20% from the stock’s previous close.

A number of other analysts have also recently commented on DASH. Argus dropped their price target on DoorDash from $275.00 to $260.00 and set a “buy” rating on the stock in a research report on Friday, December 12th. Wall Street Zen downgraded DoorDash from a “buy” rating to a “hold” rating in a report on Saturday, November 1st. KeyCorp cut their target price on DoorDash from $280.00 to $275.00 and set an “overweight” rating on the stock in a research note on Tuesday, January 20th. Truist Financial lifted their price target on DoorDash from $326.00 to $340.00 and gave the stock a “buy” rating in a research report on Thursday, October 23rd. Finally, Bank of America cut their price objective on shares of DoorDash from $325.00 to $305.00 and set a “buy” rating on the stock in a research report on Thursday, November 6th. One research analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and nine have issued a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $275.41.

DoorDash Stock Performance

DoorDash stock opened at $173.38 on Thursday. DoorDash has a fifty-two week low of $155.40 and a fifty-two week high of $285.50. The stock’s 50 day simple moving average is $209.66 and its two-hundred day simple moving average is $232.23. The company has a debt-to-equity ratio of 0.29, a quick ratio of 2.04 and a current ratio of 2.04. The stock has a market cap of $74.73 billion, a price-to-earnings ratio of 88.01 and a beta of 1.77.

DoorDash (NASDAQ:DASH) last announced its earnings results on Wednesday, February 18th. The company reported $0.48 EPS for the quarter, missing analysts’ consensus estimates of $0.58 by ($0.10). The business had revenue of $3.96 billion for the quarter, compared to the consensus estimate of $3.98 billion. DoorDash had a net margin of 6.83% and a return on equity of 9.97%. The business’s quarterly revenue was up 37.7% on a year-over-year basis. During the same quarter last year, the firm posted $0.33 EPS. As a group, analysts expect that DoorDash will post 2.22 earnings per share for the current fiscal year.

Insider Buying and Selling

In other DoorDash news, CFO Ravi Inukonda sold 1,017 shares of the stock in a transaction dated Wednesday, January 14th. The stock was sold at an average price of $215.14, for a total value of $218,797.38. Following the transaction, the chief financial officer owned 208,412 shares of the company’s stock, valued at approximately $44,837,757.68. This represents a 0.49% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Stanley Tang sold 45,410 shares of the firm’s stock in a transaction dated Monday, February 2nd. The stock was sold at an average price of $209.01, for a total value of $9,491,144.10. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 315,725 shares of company stock valued at $67,969,184 over the last ninety days. 5.83% of the stock is owned by insiders.

Institutional Trading of DoorDash

Several large investors have recently added to or reduced their stakes in DASH. Norges Bank purchased a new stake in shares of DoorDash in the 4th quarter worth $1,093,650,000. Wellington Management Group LLP grew its holdings in DoorDash by 593.1% during the fourth quarter. Wellington Management Group LLP now owns 5,481,693 shares of the company’s stock valued at $1,241,494,000 after purchasing an additional 4,690,744 shares during the period. Price T Rowe Associates Inc. MD increased its position in DoorDash by 32.8% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 13,958,114 shares of the company’s stock worth $3,161,234,000 after buying an additional 3,447,754 shares in the last quarter. Coatue Management LLC increased its position in DoorDash by 77.8% in the fourth quarter. Coatue Management LLC now owns 4,365,365 shares of the company’s stock worth $988,668,000 after buying an additional 1,910,488 shares in the last quarter. Finally, Vanguard Group Inc. raised its stake in shares of DoorDash by 4.6% in the second quarter. Vanguard Group Inc. now owns 41,190,085 shares of the company’s stock worth $10,153,768,000 after buying an additional 1,792,799 shares during the period. 90.64% of the stock is currently owned by institutional investors.

Key Stories Impacting DoorDash

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.