Coatue Management LLC Has $667.70 Million Position in DoorDash, Inc. $DASH

Coatue Management LLC increased its stake in shares of DoorDash, Inc. (NASDAQ:DASH) by 12.3% during the 3rd quarter, Holdings Channel reports. The fund owned 2,454,877 shares of the company’s stock after acquiring an additional 268,069 shares during the period. DoorDash comprises approximately 1.6% of Coatue Management LLC’s investment portfolio, making the stock its 23rd largest position. Coatue Management LLC’s holdings in DoorDash were worth $667,702,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also bought and sold shares of DASH. Physician Wealth Advisors Inc. raised its holdings in shares of DoorDash by 284.0% during the third quarter. Physician Wealth Advisors Inc. now owns 96 shares of the company’s stock valued at $26,000 after purchasing an additional 71 shares during the period. Sound Income Strategies LLC boosted its position in shares of DoorDash by 2,760.0% during the 3rd quarter. Sound Income Strategies LLC now owns 143 shares of the company’s stock worth $39,000 after purchasing an additional 138 shares in the last quarter. Rossby Financial LCC grew its stake in shares of DoorDash by 127.8% in the 3rd quarter. Rossby Financial LCC now owns 164 shares of the company’s stock valued at $44,000 after buying an additional 92 shares during the period. Annis Gardner Whiting Capital Advisors LLC grew its stake in shares of DoorDash by 74.3% in the 3rd quarter. Annis Gardner Whiting Capital Advisors LLC now owns 176 shares of the company’s stock valued at $48,000 after buying an additional 75 shares during the period. Finally, Concord Wealth Partners bought a new stake in DoorDash in the 3rd quarter valued at about $50,000. 90.64% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on DASH shares. DA Davidson dropped their price target on DoorDash from $260.00 to $224.00 and set a “neutral” rating on the stock in a research note on Thursday, February 19th. Wolfe Research set a $270.00 price objective on DoorDash in a research note on Monday, January 5th. Wells Fargo & Company decreased their price objective on DoorDash from $251.00 to $221.00 and set an “equal weight” rating for the company in a report on Thursday, February 19th. Stifel Nicolaus lowered their target price on DoorDash from $253.00 to $224.00 and set a “hold” rating on the stock in a research report on Tuesday, January 27th. Finally, KeyCorp increased their target price on DoorDash from $275.00 to $280.00 and gave the stock an “overweight” rating in a report on Thursday, February 19th. One research analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and nine have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, DoorDash presently has an average rating of “Moderate Buy” and an average target price of $262.82.

DoorDash News Summary

Here are the key news stories impacting DoorDash this week:

• Positive Sentiment: Strong marketplace growth: Zacks reports DoorDash’s marketplace GOV jumped ~39% to $29.7B in Q4 2025 and Q1 2026 GOV is projected at $31B–$31.8B, signaling continued demand across restaurants, retail and grocery that supports revenue upside. Read More.
• Positive Sentiment: Retail partnership expansion: Convenience chain Casey’s launched a hunger‑relief campaign with DoorDash — a sign DoorDash is deepening local retail and grocery integrations that can lift GOV and merchant service fees. Read More.
• Positive Sentiment: Strong PR / brand goodwill from viral donor response: Multiple outlets report ~$500K raised for a 78‑year‑old DoorDash driver after a viral delivery video. This goodwill can help consumer sentiment and local brand reputation, though it’s unlikely to move fundamentals materially. Read More.
• Neutral Sentiment: Industry tech developments: Grubhub plans drone trials, joining DoorDash and Uber Eats in delivery experimentation — underscores industry innovation but also rising capex/tech competition risks. Read More.
• Negative Sentiment: Insider selling: Director Shona Brown sold 1,250 shares (disclosed in an SEC filing). While not large relative to institutional ownership, insider sales can weigh on short‑term sentiment. Read More.
• Negative Sentiment: Macro / geopolitical headwinds: Benzinga notes fresh geopolitical turmoil in the Middle East pressured shares — DoorDash is sensitive to consumer spending shifts and market volatility that can reduce order frequency. Read More.
• Negative Sentiment: Driver economics under pressure: Local reporting highlights rising gas prices squeezing Dashers in some regions — higher fuel costs can hurt driver supply, consumer prices, or DoorDash’s commission/marketing dynamics. Read More.

DoorDash Trading Down 0.2%

NASDAQ:DASH opened at $161.36 on Friday. DoorDash, Inc. has a 52 week low of $155.40 and a 52 week high of $285.50. The firm has a 50-day moving average price of $190.69 and a two-hundred day moving average price of $222.72. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.41 and a current ratio of 1.41. The firm has a market cap of $70.10 billion, a price-to-earnings ratio of 76.11 and a beta of 1.82.

DoorDash (NASDAQ:DASH) last announced its earnings results on Wednesday, February 18th. The company reported $0.48 earnings per share for the quarter, missing analysts’ consensus estimates of $0.58 by ($0.10). The business had revenue of $3.96 billion during the quarter, compared to analysts’ expectations of $3.98 billion. DoorDash had a return on equity of 10.15% and a net margin of 6.82%.DoorDash’s quarterly revenue was up 37.7% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.33 EPS. On average, equities analysts expect that DoorDash, Inc. will post 2.22 earnings per share for the current fiscal year.

Insider Buying and Selling at DoorDash

In other DoorDash news, Director Shona L. Brown sold 1,250 shares of the company’s stock in a transaction on Monday, March 9th. The stock was sold at an average price of $176.61, for a total value of $220,762.50. Following the completion of the transaction, the director owned 31,002 shares in the company, valued at $5,475,263.22. This represents a 3.88% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, COO Prabir Adarkar sold 15,000 shares of the firm’s stock in a transaction on Tuesday, January 20th. The shares were sold at an average price of $204.59, for a total value of $3,068,850.00. Following the sale, the chief operating officer directly owned 874,130 shares of the company’s stock, valued at approximately $178,838,256.70. This represents a 1.69% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 205,409 shares of company stock valued at $45,332,298 in the last ninety days. 5.83% of the stock is owned by corporate insiders.

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.