DoorDash, Inc. (NASDAQ:DASH) Stock Now Rated “Moderate Buy” by Sell-Side Analysts

Shares of DoorDash, Inc. (NASDAQ:DASH) have earned an average recommendation of “Moderate Buy” from the forty-three brokerages that are covering the company, Marketbeat reports. Two analysts have rated the stock with a sell rating, eight have assigned a hold rating, thirty-one have issued a buy rating and two have issued a strong buy rating on the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is $254.48.

A number of equities analysts recently issued reports on the company. Wells Fargo & Company increased their price objective on DoorDash from $225.00 to $230.00 and gave the stock a “cautious” rating in a report on Monday, October 5th. Guggenheim reaffirmed a “buy” rating and set a $255.00 target price on shares of DoorDash in a research note on Tuesday, June 23rd. Moffett Nathanson reduced their price target on DoorDash from $280.00 to $278.00 and set a “buy” rating for the company in a research report on Thursday, August 6th. Benchmark boosted their price target on DoorDash from $270.00 to $295.00 in a research report on Thursday, August 6th. Finally, Deutsche Bank Aktiengesellschaft increased their price target on DoorDash from $255.00 to $260.00 and gave the stock a “buy” rating in a research note on Thursday, August 6th.

Insider Buying and Selling at DoorDash

In related news, COO Keith Yandell sold 2,183 shares of the stock in a transaction dated Thursday, October 1st. The shares were sold at an average price of $183.69, for a total value of $400,995.27. Following the completion of the transaction, the chief operating officer owned 118,505 shares in the company, valued at $21,768,183.45. This represents a 1.81% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Stanley Tang sold 23,125 shares of the stock in a transaction dated Friday, October 2nd. The shares were sold at an average price of $186.19, for a total transaction of $4,305,643.75. Following the completion of the transaction, the director owned 10,361 shares of the company’s stock, valued at $1,929,114.59. This represents a 69.06% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders sold 392,981 shares of company stock valued at $85,663,015. 44.90% of the stock is currently owned by insiders.

Hedge Funds Weigh In On DoorDash

Several large investors have recently bought and sold shares of DASH. SC US Ttgp LTD. boosted its holdings in DoorDash by 1.6% during the fourth quarter. SC US Ttgp LTD. now owns 31,686,624 shares of the company’s stock worth $7,176,387,000 after buying an additional 506,358 shares in the last quarter. Janus Henderson Group PLC grew its position in DoorDash by 40.2% in the first quarter. Janus Henderson Group PLC now owns 7,762,553 shares of the company’s stock worth $1,159,377,000 after buying an additional 2,225,954 shares during the last quarter. Sands Capital Management LLC increased its holdings in shares of DoorDash by 11.8% in the fourth quarter. Sands Capital Management LLC now owns 4,496,607 shares of the company’s stock valued at $1,018,392,000 after buying an additional 473,316 shares in the last quarter. Temasek Holdings Private Ltd increased its holdings in shares of DoorDash by 49.4% in the first quarter. Temasek Holdings Private Ltd now owns 3,461,501 shares of the company’s stock valued at $519,744,000 after buying an additional 1,145,078 shares in the last quarter. Finally, Bank of America Corp DE increased its holdings in shares of DoorDash by 18.4% in the first quarter. Bank of America Corp DE now owns 3,449,266 shares of the company’s stock valued at $517,907,000 after buying an additional 536,080 shares in the last quarter. Institutional investors and hedge funds own 90.64% of the company’s stock.

DoorDash Price Performance

NASDAQ DASH opened at $196.50 on Monday. The company has a 50-day moving average price of $206.56 and a two-hundred day moving average price of $182.78. DoorDash has a 52 week low of $143.30 and a 52 week high of $285.50. The stock has a market cap of $85.14 billion, a price-to-earnings ratio of 102.88 and a beta of 1.90. The company has a current ratio of 1.37, a quick ratio of 1.37 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 earnings per share for the quarter, missing analysts’ consensus estimates of $0.47 by ($0.01). The business had revenue of $4.45 billion for the quarter, compared to the consensus estimate of $4.34 billion. DoorDash had a net margin of 5.29% and a return on equity of 8.48%. The business’s quarterly revenue was up 35.6% on a year-over-year basis. During the same period last year, the firm posted $0.65 EPS. Analysts forecast that DoorDash will post 2.51 EPS for the current year.

DoorDash News Roundup

Here are the key news stories impacting DoorDash this week:

• Positive Sentiment: Retail and international expansion: DoorDash’s entry into Canada’s broader retail-delivery market could expand its addressable market beyond restaurants and support longer-term order and revenue growth. What Does DoorDash Entering Canada Wide Retail Delivery Mean?
• Positive Sentiment: AI and delivery growth initiatives: Coverage highlights DoorDash’s expanding use of artificial intelligence and retail capabilities. CEO Tony Xu also said AI agents could increase demand for human labor, suggesting potential productivity and volume benefits rather than immediate workforce displacement. DoorDash Expands Its AI and Retail Push
• Positive Sentiment: Technical outlook: A bullish weekly reversal and support holding have led one analyst to argue that DoorDash’s recent correction may be ending, potentially opening the way for further gains. DoorDash Price Forecast
• Neutral Sentiment: Upcoming earnings catalyst: DoorDash will release third-quarter 2026 results after the market closes on November 4, followed by an investor conference call. Results, guidance and updates on retail and international expansion are likely to be the next major stock catalysts. DoorDash to Announce Third Quarter 2026 Results
• Neutral Sentiment: Short-interest data appears unreliable: The report describes a significant increase in short interest but lists total short interest at zero shares and zero days to cover. Investors should treat this entry as a likely data inconsistency rather than a meaningful trading signal.
• Negative Sentiment: Reports involving DoorDash drivers being attacked, injured in crashes or targeted by scams could create limited reputational, safety and insurance concerns, although the individual incidents are unlikely to materially affect DoorDash’s financial results. Man Shot After Allegedly Threatening DoorDash Driver

About DoorDash

DoorDash, Inc is a technology company that operates a local commerce platform connecting consumers with restaurants, grocery stores, convenience retailers and other merchants. Through its DoorDash app and website, customers can discover businesses, place orders for delivery or pickup, and access related services. The company also provides merchants with tools for online ordering, logistics, customer engagement, advertising and business analytics.

DoorDash generates additional activity through subscription programs such as DashPass, which provides participating customers with delivery-related benefits, and through its logistics and commerce solutions for merchants.