Sirios Capital Management L P Buys New Position in DoorDash, Inc. $DASH

Sirios Capital Management L P bought a new position in shares of DoorDash, Inc. (NASDAQ:DASH) in the 3rd quarter, Holdings Channel reports. The fund bought 3,289 shares of the company’s stock, valued at approximately $895,000.

A number of other hedge funds have also added to or reduced their stakes in DASH. Vanguard Group Inc. boosted its holdings in shares of DoorDash by 3.7% during the 3rd quarter. Vanguard Group Inc. now owns 42,712,908 shares of the company’s stock worth $11,617,484,000 after buying an additional 1,522,823 shares in the last quarter. State Street Corp increased its stake in shares of DoorDash by 3.1% in the 2nd quarter. State Street Corp now owns 14,387,499 shares of the company’s stock valued at $3,546,662,000 after acquiring an additional 427,722 shares in the last quarter. Capital World Investors lifted its position in shares of DoorDash by 0.9% during the 3rd quarter. Capital World Investors now owns 10,865,927 shares of the company’s stock valued at $2,955,424,000 after acquiring an additional 95,278 shares during the period. Invesco Ltd. boosted its stake in DoorDash by 18.2% during the third quarter. Invesco Ltd. now owns 6,355,628 shares of the company’s stock worth $1,728,667,000 after acquiring an additional 980,148 shares in the last quarter. Finally, Norges Bank bought a new position in DoorDash during the second quarter worth $1,185,576,000. 90.64% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on the stock. Stifel Nicolaus decreased their price target on shares of DoorDash from $253.00 to $224.00 and set a “hold” rating for the company in a research note on Tuesday, January 27th. Needham & Company LLC reduced their target price on DoorDash from $275.00 to $265.00 and set a “buy” rating for the company in a research note on Thursday, February 19th. BMO Capital Markets reaffirmed an “outperform” rating on shares of DoorDash in a research report on Friday, December 12th. Jefferies Financial Group upped their price target on DoorDash from $260.00 to $270.00 and gave the stock a “buy” rating in a research note on Thursday, December 11th. Finally, Wedbush raised their price objective on DoorDash from $260.00 to $270.00 and gave the company an “outperform” rating in a research note on Friday, December 19th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and nine have issued a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $262.82.

DoorDash Price Performance

DASH stock opened at $161.36 on Friday. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.41 and a current ratio of 1.41. The business has a 50-day simple moving average of $190.69 and a two-hundred day simple moving average of $222.90. The company has a market capitalization of $70.10 billion, a P/E ratio of 76.11 and a beta of 1.82. DoorDash, Inc. has a 52-week low of $155.40 and a 52-week high of $285.50.

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

DoorDash News Roundup

Here are the key news stories impacting DoorDash this week:

• Positive Sentiment: Strong marketplace growth: Zacks reports DoorDash’s marketplace GOV jumped ~39% to $29.7B in Q4 2025 and Q1 2026 GOV is projected at $31B–$31.8B, signaling continued demand across restaurants, retail and grocery that supports revenue upside. Read More.
• Positive Sentiment: Retail partnership expansion: Convenience chain Casey’s launched a hunger‑relief campaign with DoorDash — a sign DoorDash is deepening local retail and grocery integrations that can lift GOV and merchant service fees. Read More.
• Positive Sentiment: Strong PR / brand goodwill from viral donor response: Multiple outlets report ~$500K raised for a 78‑year‑old DoorDash driver after a viral delivery video. This goodwill can help consumer sentiment and local brand reputation, though it’s unlikely to move fundamentals materially. Read More.
• Neutral Sentiment: Industry tech developments: Grubhub plans drone trials, joining DoorDash and Uber Eats in delivery experimentation — underscores industry innovation but also rising capex/tech competition risks. Read More.
• Negative Sentiment: Insider selling: Director Shona Brown sold 1,250 shares (disclosed in an SEC filing). While not large relative to institutional ownership, insider sales can weigh on short‑term sentiment. Read More.
• Negative Sentiment: Macro / geopolitical headwinds: Benzinga notes fresh geopolitical turmoil in the Middle East pressured shares — DoorDash is sensitive to consumer spending shifts and market volatility that can reduce order frequency. Read More.
• Negative Sentiment: Driver economics under pressure: Local reporting highlights rising gas prices squeezing Dashers in some regions — higher fuel costs can hurt driver supply, consumer prices, or DoorDash’s commission/marketing dynamics. Read More.

Insider Buying and Selling at DoorDash

In other news, CFO Ravi Inukonda sold 1,425 shares of the company’s stock in a transaction on Friday, December 19th. The shares were sold at an average price of $231.97, for a total value of $330,557.25. Following the completion of the sale, the chief financial officer owned 184,037 shares in the company, valued at $42,691,062.89. This represents a 0.77% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Andy Fang sold 30,000 shares of the stock in a transaction dated Friday, January 2nd. The shares were sold at an average price of $222.52, for a total transaction of $6,675,600.00. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 205,409 shares of company stock worth $45,332,298. 5.83% of the stock is currently owned by insiders.

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.