Truist Financial Raises DoorDash (NASDAQ:DASH) Price Target to $340.00

DoorDash (NASDAQ:DASH) had its price objective raised by equities researchers at Truist Financial from $330.00 to $340.00 in a research report issued to clients and investors on Thursday,Benzinga reports. The firm currently has a “buy” rating on the stock. Truist Financial’s price objective would suggest a potential upside of 89.68% from the stock’s current price.

DASH has been the subject of several other research reports. Needham & Company LLC lowered their price objective on shares of DoorDash from $275.00 to $265.00 and set a “buy” rating for the company in a research report on Thursday. Bank of America boosted their price target on DoorDash from $260.00 to $272.00 and gave the stock a “buy” rating in a report on Thursday. Stifel Nicolaus reduced their price objective on DoorDash from $253.00 to $224.00 and set a “hold” rating on the stock in a research note on Tuesday, January 27th. Evercore set a $300.00 target price on DoorDash in a research note on Thursday. Finally, BMO Capital Markets restated an “outperform” rating on shares of DoorDash in a research note on Friday, December 12th. One analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating and nine have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $266.94.

DoorDash Stock Performance

Shares of DASH stock traded up $5.87 on Thursday, reaching $179.25. The stock had a trading volume of 12,370,901 shares, compared to its average volume of 5,305,795. DoorDash has a 12 month low of $155.40 and a 12 month high of $285.50. 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 firm has a market capitalization of $77.26 billion, a price-to-earnings ratio of 90.99 and a beta of 1.77. The firm’s 50-day moving average is $209.66 and its two-hundred day moving average is $232.23.

DoorDash (NASDAQ:DASH) last released its quarterly earnings data on Wednesday, February 18th. The company reported $0.48 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.58 by ($0.10). DoorDash had a net margin of 6.83% and a return on equity of 9.97%. The business had revenue of $3.96 billion during the quarter, compared to the consensus estimate of $3.98 billion. During the same quarter in the prior year, the company earned $0.33 EPS. DoorDash’s quarterly revenue was up 37.7% on a year-over-year basis. On average, research analysts expect that DoorDash will post 2.22 EPS for the current fiscal year.

Insider Activity

In other news, CEO Tony Xu sold 16,667 shares of DoorDash stock in a transaction on Thursday, December 18th. The shares were sold at an average price of $230.00, for a total value of $3,833,410.00. Following the completion of the sale, the chief executive officer owned 1,500 shares in the company, valued at $345,000. The trade was a 91.74% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Alfred Lin bought 389,047 shares of the company’s stock in a transaction that occurred on Tuesday, November 25th. The shares were bought at an average price of $193.81 per share, for a total transaction of $75,401,199.07. Following the transaction, the director directly owned 389,047 shares in the company, valued at $75,401,199.07. This trade represents a ∞ increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. In the last three months, insiders sold 315,725 shares of company stock worth $67,969,184. Company insiders own 5.83% of the company’s stock.

Institutional Trading of DoorDash

A number of hedge funds and other institutional investors have recently bought and sold shares of DASH. Physician Wealth Advisors Inc. raised its position in DoorDash by 284.0% in the third quarter. Physician Wealth Advisors Inc. now owns 96 shares of the company’s stock worth $26,000 after acquiring an additional 71 shares during the period. Eastern Bank boosted its position in shares of DoorDash by 714.3% in the fourth quarter. Eastern Bank now owns 114 shares of the company’s stock valued at $26,000 after acquiring an additional 100 shares during the period. Sunbelt Securities Inc. grew its position 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 purchasing an additional 67 shares in the last quarter. Swiss RE Ltd. bought a new position in DoorDash in the 4th quarter worth about $28,000. Finally, ST Germain D J Co. Inc. bought a new position in shares of DoorDash in the fourth quarter worth approximately $29,000. Institutional investors own 90.64% of the company’s stock.

More DoorDash News

Here are the key news stories impacting DoorDash this week:

• Positive Sentiment: Strong top‑line and order growth — Q4 revenue rose ~38% year‑over‑year and orders surged ~32%, evidence demand remains healthy. Read More.
• Positive Sentiment: Market reward for improving unit economics and new verticals — analysts cite better economics in grocery and retail and early payoff from recent investments. Read More.
• Positive Sentiment: Shares rebounded after an initial post‑earnings sell‑off as investors focused on the order outlook and AI expansion rather than the quarterly miss. Read More.
• Neutral Sentiment: Mixed analyst reaction on valuation: several firms adjusted targets (both cuts and raises), leaving consensus views varied and creating price volatility. Read More. • Read More. • Read More.
• Neutral Sentiment: Management emphasized strategic diversification (Deliveroo stake, Agentic AI and logistics software) on the earnings call — a longer‑term growth theme but with near‑term execution items to watch. Read More.
• Negative Sentiment: Quarterly beat/miss dynamics: Q4 EPS of $0.48 missed estimates (~$0.58) and revenue slightly missed expectations, which initially triggered selling pressure. Read More.
• Negative Sentiment: Near‑term profit guidance weak — DoorDash signaled ramped‑up spending (international, Deliveroo, AI) that will dent adjusted EBITDA in Q1, raising near‑term margin risk. Read More.
• Negative Sentiment: Regulatory/PR risk flagged — a Vigilant Risk bulletin highlighted elevated pricing‑transparency concerns that could attract scrutiny or reputational pressure. Read More.

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.