Retirement Systems of Alabama Increases Stock Holdings in DoorDash, Inc. $DASH

Retirement Systems of Alabama grew its holdings in shares of DoorDash, Inc. (NASDAQ:DASH) by 7.3% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 78,964 shares of the company’s stock after purchasing an additional 5,393 shares during the quarter. Retirement Systems of Alabama’s holdings in DoorDash were worth $21,477,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in DASH. Brighton Jones LLC grew its position in DoorDash by 24.0% during the fourth quarter. Brighton Jones LLC now owns 9,336 shares of the company’s stock valued at $1,566,000 after buying an additional 1,807 shares during the period. Integrated Wealth Concepts LLC raised its position in DoorDash by 21.5% in the first quarter. Integrated Wealth Concepts LLC now owns 1,715 shares of the company’s stock worth $314,000 after acquiring an additional 303 shares during the period. Empowered Funds LLC boosted its stake in shares of DoorDash by 3.6% during the 1st quarter. Empowered Funds LLC now owns 8,130 shares of the company’s stock worth $1,486,000 after acquiring an additional 285 shares during the last quarter. Sivia Capital Partners LLC grew its position in shares of DoorDash by 92.9% during the 2nd quarter. Sivia Capital Partners LLC now owns 4,255 shares of the company’s stock valued at $1,049,000 after acquiring an additional 2,049 shares during the period. Finally, Perigon Wealth Management LLC grew its position in shares of DoorDash by 1.3% during the 2nd quarter. Perigon Wealth Management LLC now owns 3,701 shares of the company’s stock valued at $912,000 after acquiring an additional 46 shares during the period. Institutional investors own 90.64% of the company’s stock.

DoorDash Stock Up 1.1%

NASDAQ DASH opened at $209.41 on Tuesday. DoorDash, Inc. has a 12 month low of $155.40 and a 12 month high of $285.50. The company has a current ratio of 2.04, a quick ratio of 2.04 and a debt-to-equity ratio of 0.29. The stock has a market cap of $90.26 billion, a PE ratio of 106.30 and a beta of 1.70. The stock’s 50 day moving average is $217.06 and its 200 day moving average is $238.91.

DoorDash (NASDAQ:DASH) last announced its quarterly earnings data on Wednesday, November 5th. The company reported $0.55 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.68 by ($0.13). DoorDash had a net margin of 6.83% and a return on equity of 9.97%. The company had revenue of $3.45 billion for the quarter, compared to analysts’ expectations of $3.35 billion. During the same period last year, the business earned $0.38 earnings per share. The company’s quarterly revenue was up 27.3% compared to the same quarter last year. Research analysts predict that DoorDash, Inc. will post 2.22 EPS for the current fiscal year.

Insider Activity at DoorDash

In other news, Director Stanley Tang sold 45,410 shares of the firm’s stock in a transaction dated Monday, December 1st. The stock was sold at an average price of $205.07, for a total transaction of $9,312,228.70. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Andy Fang sold 30,000 shares of DoorDash stock in a transaction dated Monday, November 3rd. The stock was sold at an average price of $244.39, for a total value of $7,331,700.00. The SEC filing for this sale provides additional information. Insiders sold a total of 632,885 shares of company stock valued at $133,222,817 in the last ninety days. Corporate insiders own 5.83% of the company’s stock.

Key DoorDash News

Here are the key news stories impacting DoorDash this week:

• Positive Sentiment: Partnership with Hibbett highlighted as potentially reshaping DoorDash’s growth/income profile by expanding retail distribution and merchant reach—investors may see upside from new merchant deals and cross‑sell opportunities. Is DoorDash’s Hibbett Partnership Reshaping the Investment Case For DASH?
• Positive Sentiment: Engineering improvement: DoorDash is using multi‑armed bandit methods to improve A/B testing and product experimentation, which can raise conversion and lifetime value over time. Enhancing A/B Testing at DoorDash with Multi-Armed Bandits
• Positive Sentiment: Operations resuming in NYC: DoorDash has resumed services in New York City after weather-related suspensions, restoring a key revenue market even as the company publicly opposes new tipping rules. Resumption helps near‑term top‑line recovery. DoorDash Resumes Services in NYC as New Tipping Legislation Takes Effect, Despite Platform’s Opposition
• Positive Sentiment: Local goodwill story: a St. Joseph County police officer completed a DoorDash delivery after a driver crashed—small PR boost demonstrating community value of the service. St. Joseph County police officer completes DoorDash delivery after driver’s crash
• Neutral Sentiment: Weather disruptions: DoorDash activated severe weather protocols and temporarily suspended operations across multiple regions (NYC, Nashville, Little Rock, DFW, Arkansas, etc.), which depresses short‑term delivery volumes but is standard risk management. DoorDash activates severe weather protocol due to winter storm
• Neutral Sentiment: Service suspensions and resumptions in NYC tied to the same storm have created short windows of lost volume followed by catch‑up demand as deliveries restart. DoorDash suspends service in NYC due to snow
• Neutral Sentiment: Pricing error during a storm produced a steep delivery price spike for a Wegmans order; DoorDash called it an error—operational/UX glitch with limited financial impact but attention to dynamic pricing controls may be required. ‘Just shocking’: Storm delivery price jump prompts questions; DoorDash cites error, points to Wegmans
• Negative Sentiment: Legal/regulatory setback: DoorDash (with Uber/Instacart) lost its bid to block NYC’s new tipping law, meaning platforms must offer customers tipping options and shifting how tips and base pay are presented—could raise labor costs or change economics of deliveries in a major market. This is the most material near‑term regulatory risk for margins. Uber, Instacart and DoorDash Subject to New NYC’s Tipping Laws After Failed Court Bid
• Negative Sentiment: PR backlash: DoorDash drew criticism for a tweet about “getting snowed in with a hookup,” a reputational misstep that could attract short‑term negative media attention. DoorDash slammed for ‘distasteful’ warning about getting snowed in with a hookup

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on DASH shares. Truist Financial lifted their target price on DoorDash from $326.00 to $340.00 and gave the company a “buy” rating in a research report on Thursday, October 23rd. Susquehanna decreased their price objective on DoorDash from $300.00 to $250.00 and set a “positive” rating on the stock in a research note on Friday, November 7th. Wall Street Zen downgraded DoorDash from a “buy” rating to a “hold” rating in a research note on Saturday, November 1st. Exane BNP Paribas raised shares of DoorDash to a “strong-buy” rating in a report on Wednesday, January 14th. Finally, BTIG Research reaffirmed a “buy” rating and set a $315.00 price target on shares of DoorDash in a report on Thursday, November 6th. Three research analysts have rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $281.26.

About DoorDash

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.