DoorDash (NASDAQ:DASH) Rating Increased to Hold at Zacks Research

Posted by Stanley Muller on May 14th, 2026

Zacks Research upgraded shares of DoorDash (NASDAQ:DASH – Free Report) from a strong sell rating to a hold rating in a research note issued to investors on Tuesday morning,Zacks.com reports.

A number of other equities analysts also recently issued reports on the company. Mizuho dropped their price target on DoorDash from $320.00 to $255.00 and set an “outperform” rating on the stock in a research note on Tuesday, March 3rd. KeyCorp raised their price target on DoorDash from $275.00 to $280.00 and gave the stock an “overweight” rating in a research note on Thursday, February 19th. TD Cowen assumed coverage on DoorDash in a research note on Monday, April 27th. They issued a “buy” rating and a $225.00 price target on the stock. Citizens Jmp dropped their price target on DoorDash from $285.00 to $250.00 and set a “market outperform” rating on the stock in a research note on Friday, February 20th. Finally, Susquehanna lowered their target price on DoorDash from $250.00 to $225.00 and set a “positive” rating on the stock in a research report on Friday, May 8th. Two analysts have rated the stock with a Strong Buy rating, twenty-five have given a Buy rating and nine have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $259.58.

Check Out Our Latest Analysis on DASH

DoorDash Stock Performance

DASH stock opened at $149.07 on Tuesday. The company has a market cap of $64.76 billion, a P/E ratio of 70.99 and a beta of 1.87. DoorDash has a 1 year low of $143.30 and a 1 year high of $285.50. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.43 and a quick ratio of 1.43. The stock’s fifty day moving average price is $165.39 and its 200-day moving average price is $194.12.

DoorDash (NASDAQ:DASH – Get Free Report) last released its quarterly earnings results on Wednesday, May 6th. The company reported $0.42 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.36 by $0.06. The firm had revenue of $4.04 billion for the quarter, compared to the consensus estimate of $4.15 billion. DoorDash had a return on equity of 9.58% and a net margin of 6.29%.The company’s revenue for the quarter was up 33.1% on a year-over-year basis. During the same period last year, the business posted $0.44 EPS. On average, equities analysts forecast that DoorDash will post 2.45 earnings per share for the current year.

Insider Transactions at DoorDash

In related news, COO Prabir Adarkar sold 10,000 shares of the business’s stock in a transaction dated Monday, April 20th. The stock was sold at an average price of $188.34, for a total value of $1,883,400.00. Following the sale, the chief operating officer directly owned 843,678 shares in the company, valued at approximately $158,898,314.52. The trade was a 1.17% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Stanley Tang sold 21,433 shares of the stock in a transaction that occurred on Thursday, April 2nd. The shares were sold at an average price of $150.00, for a total value of $3,214,950.00. Following the transaction, the director directly owned 19,279 shares of the company’s stock, valued at approximately $2,891,850. The trade was a 52.65% decrease in their ownership of the stock. 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 three months, insiders have sold 42,683 shares of company stock valued at $6,908,813. 5.83% of the stock is currently owned by insiders.

Hedge Funds Weigh In On DoorDash

Several institutional investors have recently added to or reduced their stakes in the company. Resonant Capital Advisors LLC grew its holdings in DoorDash by 3.5% during the 3rd quarter. Resonant Capital Advisors LLC now owns 1,229 shares of the company’s stock valued at $334,000 after buying an additional 42 shares in the last quarter. Premier Path Wealth Partners LLC increased its stake in DoorDash by 1.9% during the third quarter. Premier Path Wealth Partners LLC now owns 2,414 shares of the company’s stock worth $657,000 after acquiring an additional 45 shares during the last quarter. Callan Family Office LLC increased its stake in DoorDash by 0.8% during the third quarter. Callan Family Office LLC now owns 6,123 shares of the company’s stock worth $1,665,000 after acquiring an additional 51 shares during the last quarter. Keel Point LLC increased its stake in DoorDash by 4.3% during the third quarter. Keel Point LLC now owns 1,393 shares of the company’s stock worth $379,000 after acquiring an additional 58 shares during the last quarter. Finally, Petra Financial Advisors Inc. increased its stake in DoorDash by 2.2% during the third quarter. Petra Financial Advisors Inc. now owns 2,764 shares of the company’s stock worth $752,000 after acquiring an additional 59 shares during the last quarter. Hedge funds and other 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: DoorDash announced a new nationwide partnership with Urban Outfitters to expand into on-demand retail, a sign that the platform is broadening beyond food delivery and could drive incremental order volume and user engagement. Urban Outfitters and DoorDash Partner to Bring On-Demand Style to Gen Z
Positive Sentiment: A report highlighting DoorDash’s strong Q1 growth suggests the company continues to scale its platform, which supports the long-term investment case even though margin guidance was trimmed. DoorDash posts strong Q1 growth but trims margin outlook
Neutral Sentiment: Industry research projecting DoorDash could serve 20% of U.S. restaurants by 2035 points to a large future opportunity, but it is still a long-dated estimate and may have limited immediate impact. DoorDash Projected to Reach 20% of US Restaurants by 2035
Negative Sentiment: Multiple crime and safety-related stories involving DoorDash drivers and deliveries may add to investor concerns about operational risk, driver safety, and reputational issues. DoorDash driver among victims in Memorial Drive shooting, family says Late-night DoorDash delivery to abandoned house sparks safety concerns
Negative Sentiment: Fraud and account-abuse headlines, including a viral refund case and reports of rented or stolen delivery accounts, could increase concerns about platform integrity and costs tied to abuse prevention. A customer used AI to trick DoorDash into issuing a refund. The company’s response is going viral No driver’s license, no problem: How Uber, DoorDash and Lyft accounts are being rented and stolen online for hundreds.
Negative Sentiment: Legal and liability-related coverage, including lawsuits and criminal cases tied to drivers, can add headline risk even if the direct financial impact is unclear. Nebraska family drops DoorDash from lawsuit in death of daughter killed in Kansas Court docs: DoorDash driver shot and killed man in his way because he ‘had stuff to do’

About DoorDash

(Get Free Report)

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.