DA Davidson Cuts DoorDash (NASDAQ:DASH) Price Target to $224.00

DoorDash (NASDAQ:DASH) had its target price lowered by equities research analysts at DA Davidson from $260.00 to $224.00 in a research note issued to investors on Thursday,Benzinga reports. The brokerage presently has a “neutral” rating on the stock. DA Davidson’s price objective would suggest a potential upside of 29.20% from the stock’s previous close.

A number of other equities analysts have also weighed in on DASH. JPMorgan Chase & Co. lowered their target price on DoorDash from $325.00 to $300.00 and set an “overweight” rating on the stock in a research note on Thursday, November 6th. Bank of America lowered their price objective on DoorDash from $325.00 to $305.00 and set a “buy” rating on the stock in a research report on Thursday, November 6th. Barclays reduced their target price on shares of DoorDash from $272.00 to $238.00 and set an “equal weight” rating for the company in a research report on Thursday, November 6th. KeyCorp decreased their price target on shares of DoorDash from $280.00 to $275.00 and set an “overweight” rating on the stock in a research note on Tuesday, January 20th. Finally, Zacks Research upgraded shares of DoorDash from a “strong sell” rating to a “hold” rating in a research note on Thursday, February 12th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and nine have issued a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $275.41.

DoorDash Stock Performance

DASH opened at $173.38 on Thursday. The company has a quick ratio of 2.04, a current ratio of 2.04 and a debt-to-equity ratio of 0.29. The stock has a market cap of $74.73 billion, a price-to-earnings ratio of 88.01 and a beta of 1.77. DoorDash has a 12-month low of $155.40 and a 12-month high of $285.50. The business has a 50 day moving average of $209.66 and a 200-day moving average of $232.23.

DoorDash (NASDAQ:DASH) last posted its earnings results on Wednesday, February 18th. The company reported $0.48 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.58 by ($0.10). The company 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 business’s quarterly revenue was up 37.7% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.33 EPS. On average, equities research analysts expect that DoorDash will post 2.22 earnings per share for the current year.

Insider Transactions at DoorDash

In related news, Director Shona L. Brown sold 1,250 shares of the company’s stock in a transaction that occurred on Monday, February 9th. The stock was sold at an average price of $181.28, for a total value of $226,600.00. Following the sale, the director directly owned 32,252 shares in the company, valued at $5,846,642.56. This represents a 3.73% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, COO Prabir Adarkar sold 15,000 shares of the stock in a transaction that occurred on Tuesday, January 20th. The shares were sold at an average price of $204.59, for a total transaction of $3,068,850.00. Following the sale, the chief operating officer directly owned 874,130 shares of the company’s stock, valued at $178,838,256.70. This represents a 1.69% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 315,725 shares of company stock worth $67,969,184. 5.83% of the stock is currently owned by insiders.

Institutional Trading of DoorDash

A number of large investors have recently bought and sold shares of DASH. Greenland Capital Management LP raised its stake in shares of DoorDash by 637.5% during the second quarter. Greenland Capital Management LP now owns 23,572 shares of the company’s stock valued at $5,811,000 after acquiring an additional 20,376 shares during the last quarter. Geode Capital Management LLC lifted its stake in DoorDash by 2.9% in the second quarter. Geode Capital Management LLC now owns 7,951,230 shares of the company’s stock worth $1,950,711,000 after acquiring an additional 223,188 shares during the period. Caprock Group LLC bought a new stake in DoorDash in the third quarter valued at $3,169,000. Williamson Legacy Group LLC bought a new stake in DoorDash in the second quarter valued at $1,264,000. Finally, Brighton Jones LLC increased its position in DoorDash by 24.0% during the 4th quarter. Brighton Jones LLC now owns 9,336 shares of the company’s stock valued at $1,566,000 after purchasing an additional 1,807 shares during the period. 90.64% of the stock is currently owned by institutional investors and hedge funds.

DoorDash News Summary

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

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.