DoorDash (NASDAQ:DASH) Shares Gap Up After Analyst Upgrade

DoorDash, Inc. (NASDAQ:DASH)’s stock price gapped up before the market opened on Thursday after KeyCorp raised their price target on the stock from $275.00 to $280.00. The stock had previously closed at $173.38, but opened at $185.00. KeyCorp currently has an overweight rating on the stock. DoorDash shares last traded at $178.6410, with a volume of 7,294,433 shares trading hands.

Other equities analysts also recently issued research reports about the stock. Zacks Research upgraded shares of DoorDash from a “strong sell” rating to a “hold” rating in a report on Thursday, February 12th. Wells Fargo & Company set a $221.00 target price on shares of DoorDash and gave the stock an “equal weight” rating in a research report on Thursday. Bank of America raised their price target on shares of DoorDash from $260.00 to $272.00 and gave the stock a “buy” rating in a report on Thursday. JPMorgan Chase & Co. lowered their price objective on shares of DoorDash from $325.00 to $300.00 and set an “overweight” rating for the company in a research note on Thursday, November 6th. Finally, Benchmark upped their target price on DoorDash from $315.00 to $320.00 and gave the company a “buy” rating in a research report on Tuesday, November 4th. One research analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and nine have assigned a Hold rating to the stock. According to data from MarketBeat, DoorDash presently has a consensus rating of “Moderate Buy” and an average price target of $269.44.

Insider Activity at DoorDash

In other news, COO Prabir Adarkar sold 15,000 shares of the business’s stock in a transaction dated Tuesday, January 20th. The stock was sold at an average price of $204.59, for a total value of $3,068,850.00. Following the completion of the transaction, the chief operating officer owned 874,130 shares of the company’s stock, valued at $178,838,256.70. The trade was a 1.69% decrease in their position. The sale was disclosed in a filing with the SEC, which is available 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. The SEC filing for this sale provides additional information. Insiders sold 315,725 shares of company stock worth $67,969,184 in the last three months. Company insiders own 5.83% of the company’s stock.

Trending Headlines about DoorDash

Here are the key news stories impacting DoorDash this week:

• Positive Sentiment: Company-highlighted strong order forecast and strategic AI/chatbot focus lifted investor sentiment; coverage notes the upbeat guidance on orders and product road‑map (helping the premarket bounce). DoorDash Stock Jumps on Strong Order Forecast; Company Eyes Chatbot Era
• Positive Sentiment: Bank of America raised its price target to $272 (buy), signaling continued analyst confidence from a major bank and providing upside thesis support. BofA raises DoorDash PT to $272
• Positive Sentiment: Needham remains bullish with a $265 target and a buy rating (despite a slight cut), implying near‑term upside and reinforcing buy‑side interest. Needham lowers PT to $265 but keeps buy rating
• Neutral Sentiment: Shares were highly volatile after the print — an initial post‑earnings selloff was largely reversed in premarket trading, reflecting mixed investor interpretation of results vs. guidance. Shares recover after initial plunge
• Neutral Sentiment: Company released full Q4 results and the earnings‑call transcript; revenue grew ~38% YoY and DashPass signups and consumer retention metrics were highlighted as operational positives. Press release: Q4 & full‑year results
• Negative Sentiment: DoorDash missed Q4 EPS ($0.48 vs. $0.58 expected) and slightly missed revenue forecasts ($3.96B vs. ~$3.98–3.99B), and issued cautious near‑term profit commentary — a primary driver of the initial selloff. Earnings miss coverage
• Negative Sentiment: DoorDash warned that ramped‑up investments (international, Deliveroo stake, R&D/AI) will pressure Q1 adjusted EBITDA and profit margins, adding near‑term cost risk. Spending to dent Q1 EBITDA
• Negative Sentiment: Several analysts trimmed price targets: Cantor Fitzgerald cut its PT to $230 (still overweight), DA Davidson cut to $224 and moved to neutral — these cuts reduce near‑term upside expectations and add sell‑side caution. Cantor Fitzgerald PT lowered DA Davidson PT lowered

Institutional Trading of DoorDash

A number of hedge funds have recently added to or reduced their stakes in DASH. Norges Bank purchased a new position in DoorDash in the fourth quarter valued at $1,093,650,000. Wellington Management Group LLP boosted its stake in shares of DoorDash by 593.1% during the 4th quarter. Wellington Management Group LLP now owns 5,481,693 shares of the company’s stock worth $1,241,494,000 after acquiring an additional 4,690,744 shares in the last quarter. Price T Rowe Associates Inc. MD grew its position in shares of DoorDash by 32.8% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 13,958,114 shares of the company’s stock valued at $3,161,234,000 after acquiring an additional 3,447,754 shares during the period. Coatue Management LLC increased its stake in shares of DoorDash by 77.8% in the 4th quarter. Coatue Management LLC now owns 4,365,365 shares of the company’s stock valued at $988,668,000 after purchasing an additional 1,910,488 shares in the last quarter. Finally, Vanguard Group Inc. raised its holdings in DoorDash by 4.6% in the 2nd quarter. Vanguard Group Inc. now owns 41,190,085 shares of the company’s stock worth $10,153,768,000 after purchasing an additional 1,792,799 shares during the period. 90.64% of the stock is owned by hedge funds and other institutional investors.

DoorDash Stock Up 4.0%

The company has a current ratio of 2.04, a quick ratio of 2.04 and a debt-to-equity ratio of 0.29. The business has a fifty day moving average of $209.66 and a two-hundred day moving average of $232.23. The company has a market cap of $77.75 billion, a price-to-earnings ratio of 91.83 and a beta of 1.77.

DoorDash (NASDAQ:DASH) last announced its earnings results on Wednesday, February 18th. The company reported $0.48 earnings per share for the quarter, missing the consensus estimate 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 for the quarter, compared to analyst estimates of $3.98 billion. During the same period in the previous year, the company earned $0.33 earnings per share. The company’s quarterly revenue was up 37.7% compared to the same quarter last year. As a group, equities analysts anticipate that DoorDash, Inc. will post 2.22 EPS for the current fiscal year.

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.