DoorDash (NASDAQ:DASH) Stock Price Expected to Rise, Bank of America Analyst Says

DoorDash (NASDAQ:DASH) had its price target boosted by investment analysts at Bank of America from $260.00 to $272.00 in a research note issued on Thursday,Benzinga reports. The firm presently has a “buy” rating on the stock. Bank of America‘s price objective suggests a potential upside of 56.88% from the company’s previous close.

Several other analysts also recently commented on DASH. Needham & Company LLC reduced their price objective on shares of DoorDash from $300.00 to $275.00 and set a “buy” rating for the company in a research report on Friday, November 14th. Cantor Fitzgerald raised their price target on shares of DoorDash from $270.00 to $285.00 and gave the stock an “overweight” rating in a report on Thursday, January 8th. Wells Fargo & Company lifted their price target on shares of DoorDash from $239.00 to $251.00 and gave the company an “equal weight” rating in a research note on Thursday, January 8th. Benchmark increased their price objective on shares of DoorDash from $315.00 to $320.00 and gave the stock a “buy” rating in a research report on Tuesday, November 4th. Finally, UBS Group reaffirmed a “neutral” rating and issued a $245.00 target price on shares of DoorDash in a research report on Monday, February 2nd. One research analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating and nine have issued a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $275.41.

DoorDash Price Performance

DoorDash stock opened at $173.38 on Thursday. The stock’s 50 day moving average is $209.66 and its 200 day moving average is $232.23. DoorDash has a one year low of $155.40 and a one year high of $285.50. The firm has a market cap of $74.73 billion, a P/E ratio of 88.01 and a beta of 1.77. The company has a debt-to-equity ratio of 0.29, a current ratio of 2.04 and a quick ratio of 2.04.

DoorDash (NASDAQ:DASH) last posted its quarterly earnings data 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). The firm had revenue of $3.96 billion for the quarter, compared to analyst estimates of $3.98 billion. DoorDash had a return on equity of 9.97% and a net margin of 6.83%.The company’s quarterly revenue was up 37.7% compared to the same quarter last year. During the same quarter last year, the company earned $0.33 earnings per share. As a group, research analysts expect that DoorDash will post 2.22 EPS for the current year.

Insider Transactions at DoorDash

In related news, CEO Tony Xu sold 16,667 shares of the firm’s stock in a transaction that occurred on Thursday, December 18th. The shares were sold at an average price of $230.00, for a total value of $3,833,410.00. Following the sale, the chief executive officer directly owned 1,500 shares of the company’s stock, valued at $345,000. This trade represents a 91.74% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Andy Fang sold 30,000 shares of DoorDash stock in a transaction on Friday, January 2nd. The stock was 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. Over the last three months, insiders have sold 315,725 shares of company stock valued at $67,969,184. 5.83% of the stock is currently owned by insiders.

Institutional Investors Weigh In On DoorDash

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

Key Stories Impacting DoorDash

Here are the key news stories impacting DoorDash this week:

• Positive Sentiment: Management raised its order outlook and highlighted a push into AI/chatbot experiences that could drive higher engagement and new revenue streams — WSJ coverage. DoorDash Stock Jumps on Strong Order Forecast; Company Eyes Chatbot Era
• Positive Sentiment: CEO Tony Xu said DoorDash has an edge over Amazon in grocery delivery due to broader retail partnerships — supports growth potential in higher-frequency categories. DoorDash’s CEO says he’s got an edge on Amazon in groceries
• Neutral Sentiment: Company reiterated strategic shift toward owning the software/logistics stack and highlighted investments such as Agentic AI and international (Deliveroo) exposure — long-term strategic positives but near-term costly. DoorDash Q4 Earnings Highlight Deliveroo and Agentic AI Push
• Neutral Sentiment: Macro risk: broader U.S.-Iran tensions pressured futures and market sentiment today, weighing on cyclical/high-beta names including DASH. Stock Market Today: S&P 500, Nasdaq 100 Futures Fall Amid Escalating US-Iran Tensions
• Negative Sentiment: Q4 miss: EPS $0.48 vs. $0.58 expected and revenue $3.96B vs. $3.98B — the miss prompted initial selling. DoorDash Q4 Earnings and Revenues Miss Estimates
• Negative Sentiment: Weak near-term profitability guidance and ramped-up spending (international, Deliveroo stake, AI) expected to dent Q1 adjusted EBITDA and stoked investor concern. DoorDash Expects Ramped Up Spending to Dent First Quarter
• Negative Sentiment: Analyst and media notes highlighted investor worry about the investment cycle and margin pressure; Evercore ISI flagged that spending could weigh on sentiment. Evercore ISI’s Mark Mahaney: Fears around investment cycle weighing on Doordash
• Negative Sentiment: Reputational/regulatory flag: Signal Law Group issued a risk bulletin citing elevated pricing-transparency risk indicators, a potential long-term headwind. Signal Law Group Issues Vigilant Risk Score Bulletin on DoorDash

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.