DoorDash (NASDAQ:DASH) Price Target Raised to $223.00

DoorDash (NASDAQ:DASH) had its price target hoisted by UBS Group from $214.00 to $223.00 in a research note issued to investors on Monday morning,Benzinga reports. UBS Group currently has a neutral rating on the stock.

Several other analysts have also issued reports on the stock. Needham & Company LLC reiterated a “buy” rating and issued a $265.00 target price on shares of DoorDash in a research note on Thursday, May 7th. DA Davidson dropped their price target on shares of DoorDash from $224.00 to $200.00 and set a “neutral” rating on the stock in a research report on Thursday, May 7th. TD Cowen restated a “buy” rating on shares of DoorDash in a report on Wednesday, July 15th. Susquehanna reduced their price objective on shares of DoorDash from $250.00 to $225.00 and set a “positive” rating for the company in a research report on Friday, May 8th. Finally, Guggenheim reaffirmed a “buy” rating and issued a $255.00 price objective on shares of DoorDash in a research report on Tuesday, June 23rd. One analyst has rated the stock with a Strong Buy rating, twenty-four have assigned a Buy rating, nine have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $252.72.

DoorDash Trading Up 2.4%

Shares of DoorDash stock opened at $207.27 on Monday. The stock has a fifty day simple moving average of $178.38 and a 200 day simple moving average of $174.43. DoorDash has a 12-month low of $143.30 and a 12-month high of $285.50. The company has a market capitalization of $90.31 billion, a P/E ratio of 98.70 and a beta of 1.78. The company has a current ratio of 1.43, a quick ratio of 1.43 and a debt-to-equity ratio of 0.27.

DoorDash (NASDAQ:DASH) last released its quarterly earnings results on Wednesday, August 5th. The company reported $0.46 EPS for the quarter, missing analysts’ consensus estimates of $0.47 by ($0.01). DoorDash had a net margin of 6.29% and a return on equity of 9.58%. The company had revenue of $4.45 billion during the quarter, compared to analysts’ expectations of $4.34 billion. During the same period in the previous year, the company posted $0.65 earnings per share. The company’s quarterly revenue was up 35.6% compared to the same quarter last year. On average, sell-side analysts anticipate that DoorDash will post 2.38 earnings per share for the current fiscal year.

Insider Activity

In related news, Director Andy Fang sold 5,000 shares of the business’s stock in a transaction dated Wednesday, June 24th. The shares were sold at an average price of $180.00, for a total value of $900,000.00. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Stanley Tang sold 67,693 shares of the stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $200.63, for a total transaction of $13,581,246.59. Following the transaction, the director owned 40,218 shares of the company’s stock, valued at approximately $8,068,937.34. The trade was a 62.73% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders sold 142,620 shares of company stock worth $26,822,778. 5.28% of the stock is owned by insiders.

Institutional Trading of DoorDash

Several hedge funds have recently added to or reduced their stakes in the stock. MV Capital Management Inc. purchased a new stake in shares of DoorDash during the 4th quarter worth approximately $26,000. Swiss RE Ltd. purchased a new position in DoorDash in the fourth quarter valued at approximately $28,000. ST Germain D J Co. Inc. purchased a new position in DoorDash in the fourth quarter valued at approximately $29,000. Kemnay Advisory Services Inc. bought a new position in DoorDash during the fourth quarter valued at $32,000. Finally, Sunbelt Securities Inc. grew its holdings in DoorDash by 124.1% during the third quarter. Sunbelt Securities Inc. now owns 121 shares of the company’s stock valued at $33,000 after purchasing an additional 67 shares during the period. Institutional investors own 90.64% of the company’s stock.

Trending Headlines about DoorDash

Here are the key news stories impacting DoorDash this week:

• Positive Sentiment: Second-quarter revenue rose 35.6% year over year to $4.45 billion, exceeding the $4.34 billion analyst consensus. DoorDash also reported continued growth in its marketplaces, membership programs and monthly active users, supporting the company’s expansion narrative. DoorDash Releases Second Quarter 2026 Financial Results
• Positive Sentiment: UBS forecast substantial potential appreciation for DASH, reinforcing the view that the stock’s long-term growth prospects remain attractive. UBS Group Forecasts Strong Price Appreciation for DoorDash Stock
• Positive Sentiment: DoorDash remains positioned to benefit from increasing interest in the gig economy, with analysts identifying DASH as one of the stocks to monitor alongside Uber and Etsy. Gig Economy Stocks to Monitor

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.