Cantor Fitzgerald Raises DoorDash (NASDAQ:DASH) Price Target to $260.00

DoorDash (NASDAQ:DASH) had its price objective upped by equities researchers at Cantor Fitzgerald from $230.00 to $260.00 in a note issued to investors on Thursday,Benzinga reports. The brokerage currently has an “overweight” rating on the stock. Cantor Fitzgerald’s price objective would indicate a potential upside of 25.44% from the stock’s current price.

Other analysts have also issued research reports about the company. Stifel Nicolaus lowered their target price on DoorDash from $215.00 to $185.00 and set a “hold” rating on the stock in a report on Monday, April 13th. The Goldman Sachs Group set a $280.00 price target on DoorDash in a report on Thursday, May 7th. Susquehanna lowered their price objective on shares of DoorDash from $250.00 to $225.00 and set a “positive” rating on the stock in a research note on Friday, May 8th. DA Davidson lowered their price objective on shares of DoorDash from $224.00 to $200.00 and set a “neutral” rating on the stock in a research note on Thursday, May 7th. Finally, Zacks Research lowered shares of DoorDash from a “hold” rating to a “strong sell” rating in a research report on Friday, July 17th. One investment analyst has rated the stock with a Strong Buy rating, twenty-four have assigned a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $254.25.

DoorDash Stock Up 2.4%

DoorDash stock opened at $207.27 on Thursday. The firm has a market cap of $90.31 billion, a price-to-earnings ratio of 98.70 and a beta of 1.78. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.43 and a quick ratio of 1.43. DoorDash has a fifty-two week low of $143.30 and a fifty-two week high of $285.50. The firm has a fifty day moving average price of $178.38 and a two-hundred day moving average price of $174.43.

DoorDash (NASDAQ:DASH) last released its quarterly earnings results on Wednesday, August 5th. The company reported $0.46 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.47 by ($0.01). The firm had revenue of $4.45 billion for the quarter, compared to the consensus estimate of $4.34 billion. DoorDash had a net margin of 6.29% and a return on equity of 9.58%. The firm’s revenue was up 35.6% on a year-over-year basis. During the same quarter last year, the company earned $0.65 earnings per share. As a group, analysts forecast that DoorDash will post 2.38 earnings per share for the current year.

Insider Transactions at DoorDash

In other news, Director Andy Fang sold 5,000 shares of the business’s stock in a transaction on Wednesday, June 24th. The shares were sold at an average price of $180.00, for a total transaction of $900,000.00. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Prabir Adarkar sold 21,739 shares of the firm’s stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of $155.25, for a total value of $3,374,979.75. Following the completion of the transaction, the chief operating officer owned 959,076 shares of the company’s stock, valued at $148,896,549. This trade represents a 2.22% 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. Insiders sold a total of 142,620 shares of company stock worth $26,822,778 over the last ninety days. 5.28% of the stock is currently owned by insiders.

Institutional Investors Weigh In On DoorDash

A number of large investors have recently bought and sold shares of DASH. MV Capital Management Inc. purchased a new position in DoorDash during the 4th quarter worth approximately $26,000. Sunbelt Securities Inc. raised its stake in shares of DoorDash by 124.1% during the 3rd quarter. Sunbelt Securities Inc. now owns 121 shares of the company’s stock valued at $33,000 after buying an additional 67 shares during the last quarter. Swiss RE Ltd. purchased a new position in DoorDash during the fourth quarter valued at approximately $28,000. ST Germain D J Co. Inc. acquired a new position in DoorDash in the fourth quarter valued at approximately $29,000. Finally, Morse Asset Management Inc purchased a new stake in DoorDash in the 3rd quarter worth approximately $36,000. Hedge funds and other institutional investors own 90.64% of the company’s stock.

DoorDash News Summary

Here are the key news stories impacting DoorDash this week:

• Positive Sentiment: DoorDash reported second-quarter revenue of $4.45 billion, up 35.6% year over year and above the $4.34 billion analyst consensus. Growth in food, grocery, convenience, marketplaces, memberships and monthly active users supported the company’s expansion narrative. DoorDash Releases Second Quarter 2026 Financial Results
• Positive Sentiment: Management issued stronger-than-expected third-quarter guidance, indicating that demand remains resilient across restaurant, grocery and convenience deliveries. The outlook is helping offset concerns about near-term profitability. DoorDash Issues Strong Guidance
• Positive Sentiment: DoorDash received FAA approval for commercial drone deliveries, potentially creating a lower-cost fulfillment option and improving delivery economics over time. The opportunity is strategic, although broad deployment will require additional investment and execution. DoorDash Gets FAA Green Light for Commercial Drone Deliveries
• Neutral Sentiment: DoorDash said artificial intelligence is already producing gains, but traffic from autonomous or “agentic” AI systems remains limited. AI could support efficiency and discovery, though the immediate financial contribution appears modest. DoorDash Says Agentic Traffic Is Low, but AI Gains Are Not
• Negative Sentiment: Adjusted earnings of $0.46 per share slightly missed estimates and declined from $0.65 a year earlier. Higher costs tied to order growth, sales and marketing, research and development and overhead pressured profit and margins. DoorDash Q2 Earnings Miss Estimates
• Negative Sentiment: Director Stanley Tang sold 67,693 shares worth approximately $13.6 million, reducing his position by 62.7%. The transaction was conducted under a pre-arranged Rule 10b5-1 plan, which reduces—but does not eliminate—the negative signal from insider selling. Stanley Tang Sells DoorDash Shares
• Negative Sentiment: DoorDash acknowledged unresolved operating challenges with its Dot autonomous delivery robot, including charging, loading and handling difficult pickups and drop-offs. These issues could delay meaningful automation benefits. DoorDash Faces Challenges Scaling Dot

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.