DoorDash (NASDAQ:DASH – Get Free Report) had its price objective dropped by investment analysts at BTIG Research from $280.00 to $225.00 in a report released on Friday,Benzinga reports. The brokerage presently has a “buy” rating on the stock. BTIG Research’s price target would indicate a potential upside of 45.55% from the stock’s current price.
A number of other equities research analysts have also recently commented on DASH. Needham & Company LLC restated a “buy” rating and set a $265.00 target price on shares of DoorDash in a research report on Thursday, May 7th. Truist Financial lowered their price objective on DoorDash from $340.00 to $330.00 and set a “buy” rating on the stock in a report on Thursday, May 7th. KeyCorp lifted their price objective on DoorDash from $275.00 to $280.00 and gave the stock an “overweight” rating in a report on Thursday, February 19th. Piper Sandler lowered their price objective on DoorDash from $220.00 to $205.00 and set a “neutral” rating on the stock in a report on Thursday, May 7th. Finally, Susquehanna lowered their price objective on DoorDash from $250.00 to $225.00 and set a “positive” rating on the stock in a report on Friday, May 8th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating and nine have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $256.11.
DoorDash Price Performance
DoorDash (NASDAQ:DASH – Get Free Report) last posted its earnings results on Wednesday, May 6th. The company reported $0.42 EPS for the quarter, beating analysts’ consensus estimates of $0.36 by $0.06. DoorDash had a return on equity of 9.58% and a net margin of 6.29%.The firm had revenue of $4.04 billion for the quarter, compared to analysts’ expectations of $4.15 billion. During the same period last year, the firm earned $0.44 EPS. The company’s quarterly revenue was up 33.1% on a year-over-year basis. As a group, equities analysts expect that DoorDash will post 2.45 EPS for the current fiscal year.
Insider Buying and Selling
In other news, General Counsel Tia Sherringham sold 2,743 shares of the business’s stock in a transaction that occurred on Friday, May 22nd. The stock was sold at an average price of $160.79, for a total transaction of $441,046.97. Following the transaction, the general counsel directly owned 128,216 shares in the company, valued at $20,615,850.64. The trade was a 2.09% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Keith Yandell sold 2,643 shares of the business’s stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $155.34, for a total value of $410,563.62. Following the transaction, the insider owned 81,106 shares in the company, valued at approximately $12,599,006.04. This represents a 3.16% 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 quarter, insiders have sold 68,558 shares of company stock valued at $10,914,640. 5.83% of the stock is currently owned by company insiders.
Hedge Funds Weigh In On DoorDash
Institutional investors have recently bought and sold shares of the company. Keel Point LLC grew its stake in shares of DoorDash by 4.3% in the 3rd quarter. Keel Point LLC now owns 1,393 shares of the company’s stock valued at $379,000 after buying an additional 58 shares during the period. Petra Financial Advisors Inc. grew its stake in shares of DoorDash by 2.2% in the 3rd quarter. Petra Financial Advisors Inc. now owns 2,764 shares of the company’s stock valued at $752,000 after buying an additional 59 shares during the period. CYBER HORNET ETFs LLC lifted its holdings in DoorDash by 6.5% in the fourth quarter. CYBER HORNET ETFs LLC now owns 979 shares of the company’s stock valued at $222,000 after acquiring an additional 60 shares during the last quarter. Cary Street Partners Investment Advisory LLC lifted its holdings in DoorDash by 8.1% in the third quarter. Cary Street Partners Investment Advisory LLC now owns 843 shares of the company’s stock valued at $229,000 after acquiring an additional 63 shares during the last quarter. Finally, Vise Technologies Inc. lifted its holdings in DoorDash by 1.8% in the fourth quarter. Vise Technologies Inc. now owns 3,517 shares of the company’s stock valued at $796,000 after acquiring an additional 63 shares during the last quarter. 90.64% of the stock is owned by hedge funds and other institutional investors.
Key Stories Impacting DoorDash
Here are the key news stories impacting DoorDash this week:
- Positive Sentiment: DoorDash launched “Ask DoorDash,” a conversational AI assistant that can turn prompts, recipe links, and photos into meal, grocery, and reservation recommendations, potentially improving user engagement and order conversion. DoorDash’s new AI chatbot lets you order with prompts and photos
- Positive Sentiment: DoorDash expanded AI-powered shopping tools across search and cart-building, signaling continued product innovation that could strengthen its competitive position in delivery and commerce. DoorDash expands AI-powered shopping tools
- Positive Sentiment: DoorDash and NJ TRANSIT announced a sponsorship tied to FIFA World Cup 2026, which could provide incremental brand exposure. NJ TRANSIT and DoorDash announce major sponsorship tied to FIFA World Cup 2026
- Neutral Sentiment: Some coverage framed the AI rollout as a broader “latest AI push,” but the long-term revenue impact is still unclear and will depend on adoption. DoorDash lets customers use photos, prompts to order food and book reservations in latest AI push
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.
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