Truist Financial Forecasts Strong Price Appreciation for DoorDash (NASDAQ:DASH) Stock

DoorDash (NASDAQ:DASH) had its price objective upped by equities research analysts at Truist Financial from $330.00 to $340.00 in a research report issued to clients and investors on Thursday,Benzinga reports. The brokerage presently has a “buy” rating on the stock. Truist Financial’s target price indicates a potential upside of 89.68% from the company’s current price.

DASH has been the topic of several other reports. KeyCorp lifted their price target on DoorDash from $275.00 to $280.00 and gave the company an “overweight” rating in a research report on Thursday. Stifel Nicolaus cut their price objective on shares of DoorDash from $253.00 to $224.00 and set a “hold” rating on the stock in a report on Tuesday, January 27th. BMO Capital Markets reiterated an “outperform” rating on shares of DoorDash in a report on Friday, December 12th. JPMorgan Chase & Co. cut their price target on DoorDash from $325.00 to $300.00 and set an “overweight” rating on the stock in a research note on Thursday, November 6th. Finally, Guggenheim reduced their price target on DoorDash from $275.00 to $255.00 and set a “buy” rating for the company in a report on Thursday. One equities 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’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $266.94.

DoorDash Trading Up 3.4%

NASDAQ:DASH traded up $5.87 during mid-day trading on Thursday, reaching $179.25. 12,370,901 shares of the company’s stock traded hands, compared to its average volume of 5,305,795. The company has a debt-to-equity ratio of 0.29, a current ratio of 2.04 and a quick ratio of 2.04. DoorDash has a 12-month low of $155.40 and a 12-month high of $285.50. The firm has a market capitalization of $77.26 billion, a price-to-earnings ratio of 90.99 and a beta of 1.77. The company has a 50 day moving average price of $209.66 and a 200-day moving average price of $232.23.

DoorDash (NASDAQ:DASH) last announced its quarterly 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). DoorDash had a return on equity of 9.97% and a net margin of 6.83%.The business had revenue of $3.96 billion during the quarter, compared to analysts’ expectations of $3.98 billion. During the same period in the previous year, the business earned $0.33 EPS. The business’s revenue was up 37.7% compared to the same quarter last year. On average, sell-side analysts predict that DoorDash will post 2.22 earnings per share for the current year.

Insider Activity

In other news, Director Andy Fang sold 30,000 shares of the firm’s stock in a transaction on Friday, January 2nd. The stock was sold at an average price of $222.52, for a total value of $6,675,600.00. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, COO Prabir Adarkar sold 30,000 shares of the company’s stock in a transaction on Monday, December 22nd. The shares were sold at an average price of $234.57, for a total value of $7,037,100.00. Following the sale, the chief operating officer owned 874,130 shares of the company’s stock, valued at approximately $205,044,674.10. This trade represents a 3.32% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 315,725 shares of company stock worth $67,969,184. Insiders own 5.83% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. Physician Wealth Advisors Inc. raised 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 during the period. Eastern Bank grew its holdings in DoorDash by 714.3% during the fourth quarter. Eastern Bank now owns 114 shares of the company’s stock valued at $26,000 after purchasing an additional 100 shares during the period. Swiss RE Ltd. purchased a new stake in DoorDash in the fourth quarter worth about $28,000. ST Germain D J Co. Inc. bought a new position in shares of DoorDash in the fourth quarter worth about $29,000. Finally, Kemnay Advisory Services Inc. purchased a new position in shares of DoorDash during the 4th quarter valued at about $32,000. 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: Strong top‑line and order growth — Q4 revenue rose ~38% year‑over‑year and orders surged ~32%, evidence demand remains healthy. Read More.
• Positive Sentiment: Market reward for improving unit economics and new verticals — analysts cite better economics in grocery and retail and early payoff from recent investments. Read More.
• Positive Sentiment: Shares rebounded after an initial post‑earnings sell‑off as investors focused on the order outlook and AI expansion rather than the quarterly miss. Read More.
• Neutral Sentiment: Mixed analyst reaction on valuation: several firms adjusted targets (both cuts and raises), leaving consensus views varied and creating price volatility. Read More. • Read More. • Read More.
• Neutral Sentiment: Management emphasized strategic diversification (Deliveroo stake, Agentic AI and logistics software) on the earnings call — a longer‑term growth theme but with near‑term execution items to watch. Read More.
• Negative Sentiment: Quarterly beat/miss dynamics: Q4 EPS of $0.48 missed estimates (~$0.58) and revenue slightly missed expectations, which initially triggered selling pressure. Read More.
• Negative Sentiment: Near‑term profit guidance weak — DoorDash signaled ramped‑up spending (international, Deliveroo, AI) that will dent adjusted EBITDA in Q1, raising near‑term margin risk. Read More.
• Negative Sentiment: Regulatory/PR risk flagged — a Vigilant Risk bulletin highlighted elevated pricing‑transparency concerns that could attract scrutiny or reputational pressure. Read More.

DoorDash Company Profile

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.