DoorDash, Inc. (NASDAQ:DASH) Stock Has Consensus Price Target of $254.95

Shares of DoorDash, Inc. (NASDAQ:DASH) have been assigned an average recommendation of “Moderate Buy” from the forty-three ratings firms that are covering the stock, MarketBeat.com reports. Ten analysts have rated the stock with a hold recommendation, thirty-one have given a buy recommendation and two have issued a strong buy recommendation on the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is $249.88.

Several equities analysts recently issued reports on DASH shares. Guggenheim restated a “buy” rating and set a $255.00 price objective on shares of DoorDash in a research note on Wednesday, October 14th. Weiss Ratings reissued a “hold (c)” rating on shares of DoorDash in a research note on Friday, August 7th. Barclays decreased their price target on DoorDash from $230.00 to $205.00 and set an “equal weight” rating on the stock in a research note on Friday. JPMorgan Chase & Co. raised their price target on shares of DoorDash from $250.00 to $262.00 in a report on Wednesday, August 5th. Finally, Piper Sandler reaffirmed a “neutral” rating and issued a $220.00 price target (up from $205.00) on shares of DoorDash in a report on Thursday, August 6th.

Insider Buying and Selling at DoorDash

In other DoorDash news, CFO Ravi Inukonda sold 19,505 shares of the stock in a transaction on Thursday, August 20th. The shares were sold at an average price of $220.62, for a total transaction of $4,303,193.10. Following the transaction, the chief financial officer directly owned 232,938 shares of the company’s stock, valued at $51,390,781.56. This trade represents a 7.73% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, COO Prabir Adarkar sold 55,289 shares of the firm’s stock in a transaction dated Tuesday, August 25th. The stock was sold at an average price of $231.76, for a total value of $12,813,778.64. Following the sale, the chief operating officer directly owned 930,211 shares of the company’s stock, valued at $215,585,701.36. The trade was a 5.61% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 326,305 shares of company stock worth $72,280,083. 44.90% of the stock is owned by company insiders.

Institutional Trading of DoorDash

Large investors have recently bought and sold shares of the company. Janus Henderson Group PLC grew its stake in shares of DoorDash by 40.2% in the first quarter. Janus Henderson Group PLC now owns 7,762,553 shares of the company’s stock valued at $1,159,377,000 after buying an additional 2,225,954 shares in the last quarter. Temasek Holdings Private Ltd lifted its stake in 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 acquiring an additional 1,145,078 shares during the last quarter. Robeco Institutional Asset Management B.V. boosted its holdings in DoorDash by 2,304.0% in the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 3,452,110 shares of the company’s stock valued at $633,635,000 after purchasing an additional 3,308,512 shares during the period. Bank of America Corp DE lifted its position in shares of DoorDash by 18.4% during the 1st quarter. Bank of America Corp DE now owns 3,449,266 shares of the company’s stock worth $517,907,000 after buying an additional 536,080 shares during the period. Finally, Assenagon Asset Management S.A. raised its position in DoorDash by 372.0% in the 3rd quarter. Assenagon Asset Management S.A. now owns 3,137,719 shares of the company’s stock worth $575,928,000 after purchasing an additional 2,472,980 shares during the last quarter. Institutional investors and hedge funds own 90.64% of the company’s stock.

Trending Headlines about DoorDash

Here are the key news stories impacting DoorDash this week:

• Positive Sentiment: Strong third-quarter results: DoorDash reported adjusted earnings of $1.06 per share, exceeding the $0.81 consensus estimate, while revenue rose 34% year over year to $4.62 billion, also topping expectations. Management said the quarter set records for marketplace gross order volume, revenue and net income. DoorDash third-quarter results
• Positive Sentiment: Analysts still see upside: Wedbush upgraded DASH to “outperform” with a $230 price target, while Cantor Fitzgerald reaffirmed its “overweight” rating with a $240 target. Truist also kept a “buy” rating and raised its target to $340. Wedbush DoorDash rating
• Neutral Sentiment: AI demand remains limited: DoorDash said third-party AI agents generated only several hundred orders out of roughly 993 million quarterly orders. The disclosure reduces immediate fears that AI agents could disrupt its customer relationship, but also indicates that AI-driven ordering has not yet become a meaningful growth catalyst. DoorDash AI agent orders
• Negative Sentiment: Instacart deal creates major uncertainty: DoorDash agreed to acquire Instacart for approximately $17 billion, but the transaction may not close until late 2027 or early 2028. Instacart’s shares remain well below the $65 offer price, signaling investor concern over antitrust approval. Regulators and local officials have warned that the merger could reduce competition, increase prices or weaken gig-worker bargaining power. DoorDash Instacart regulatory risks
• Negative Sentiment: Mixed analyst revisions: Scotiabank lowered its target to $235 while retaining “sector outperform,” and Wells Fargo cut its target to $200 with an “equal weight” rating. Barclays also reduced its target to $205 and maintained “equal weight,” reflecting greater caution around valuation and the acquisition.

DoorDash Stock Performance

Shares of NASDAQ DASH opened at $178.99 on Friday. The firm has a fifty day moving average price of $197.84 and a 200-day moving average price of $183.11. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.37 and a quick ratio of 1.37. The stock has a market cap of $77.56 billion, a PE ratio of 73.96 and a beta of 1.98. DoorDash has a 1 year low of $143.30 and a 1 year high of $260.74.

DoorDash (NASDAQ:DASH) last posted its earnings results on Thursday, October 29th. The company reported $1.06 EPS for the quarter, beating analysts’ consensus estimates of $0.81 by $0.25. The firm had revenue of $4.62 billion for the quarter, compared to analysts’ expectations of $4.56 billion. DoorDash had a return on equity of 10.58% and a net margin of 6.23%. The company’s quarterly revenue was up 34.0% on a year-over-year basis. During the same period last year, the firm earned $0.55 EPS. Equities analysts anticipate that DoorDash will post 2.64 earnings per share for the current fiscal year.

DoorDash Company Profile

DoorDash, Inc (NASDAQ:DASH) operates a local commerce platform that connects consumers with restaurants, grocery stores, convenience retailers and other merchants. Through its website and mobile applications, customers can browse products, place orders for delivery or pickup, and access related services.

The company provides merchants with ordering, delivery, logistics, marketing and payment tools. Its offerings include the DoorDash Marketplace, subscription programs such as DashPass, and delivery infrastructure that merchants can use through services including DoorDash Drive.