DoorDash (NASDAQ:DASH) Shares Gap Up on Analyst Upgrade

DoorDash, Inc. (NASDAQ:DASH) shares gapped up prior to trading on Thursday after KeyCorp raised their price target on the stock from $275.00 to $280.00. The stock had previously closed at $173.38, but opened at $185.00. KeyCorp currently has an overweight rating on the stock. DoorDash shares last traded at $178.6410, with a volume of 7,294,433 shares.

A number of other analysts have also weighed in on the company. Wedbush increased their price objective on DoorDash from $260.00 to $270.00 and gave the company an “outperform” rating in a research note on Friday, December 19th. Royal Bank Of Canada lowered their price objective on shares of DoorDash from $300.00 to $270.00 and set an “outperform” rating for the company in a research note on Thursday, November 6th. Truist Financial raised their target price on DoorDash from $326.00 to $340.00 and gave the stock a “buy” rating in a research note on Thursday, October 23rd. BMO Capital Markets reaffirmed an “outperform” rating on shares of DoorDash in a research report on Friday, December 12th. Finally, Wolfe Research set a $270.00 price objective on DoorDash in a research report on Monday, January 5th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and nine have issued a Hold rating to the company. According to MarketBeat, DoorDash has an average rating of “Moderate Buy” and a consensus target price of $269.44.

Insiders Place Their Bets

In related news, Director Andy Fang sold 30,000 shares of the business’s stock in a transaction dated Friday, January 2nd. The shares were sold at an average price of $222.52, for a total transaction of $6,675,600.00. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Tony Xu sold 16,667 shares of the company’s stock in a transaction dated Thursday, December 18th. The stock was sold at an average price of $230.00, for a total transaction of $3,833,410.00. Following the completion of the sale, the chief executive officer owned 1,500 shares in the company, valued at approximately $345,000. This trade represents a 91.74% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 315,725 shares of company stock valued at $67,969,184 in the last 90 days. Corporate insiders own 5.83% of the company’s stock.

Key Headlines Impacting DoorDash

Here are the key news stories impacting DoorDash this week:

• Positive Sentiment: Company-highlighted strong order forecast and strategic AI/chatbot focus lifted investor sentiment; coverage notes the upbeat guidance on orders and product road‑map (helping the premarket bounce). DoorDash Stock Jumps on Strong Order Forecast; Company Eyes Chatbot Era
• Positive Sentiment: Bank of America raised its price target to $272 (buy), signaling continued analyst confidence from a major bank and providing upside thesis support. BofA raises DoorDash PT to $272
• Positive Sentiment: Needham remains bullish with a $265 target and a buy rating (despite a slight cut), implying near‑term upside and reinforcing buy‑side interest. Needham lowers PT to $265 but keeps buy rating
• Neutral Sentiment: Shares were highly volatile after the print — an initial post‑earnings selloff was largely reversed in premarket trading, reflecting mixed investor interpretation of results vs. guidance. Shares recover after initial plunge
• Neutral Sentiment: Company released full Q4 results and the earnings‑call transcript; revenue grew ~38% YoY and DashPass signups and consumer retention metrics were highlighted as operational positives. Press release: Q4 & full‑year results
• Negative Sentiment: DoorDash missed Q4 EPS ($0.48 vs. $0.58 expected) and slightly missed revenue forecasts ($3.96B vs. ~$3.98–3.99B), and issued cautious near‑term profit commentary — a primary driver of the initial selloff. Earnings miss coverage
• Negative Sentiment: DoorDash warned that ramped‑up investments (international, Deliveroo stake, R&D/AI) will pressure Q1 adjusted EBITDA and profit margins, adding near‑term cost risk. Spending to dent Q1 EBITDA
• Negative Sentiment: Several analysts trimmed price targets: Cantor Fitzgerald cut its PT to $230 (still overweight), DA Davidson cut to $224 and moved to neutral — these cuts reduce near‑term upside expectations and add sell‑side caution. Cantor Fitzgerald PT lowered DA Davidson PT lowered

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in DASH. Greenland Capital Management LP lifted its stake in shares of DoorDash by 637.5% during the 2nd quarter. Greenland Capital Management LP now owns 23,572 shares of the company’s stock worth $5,811,000 after purchasing an additional 20,376 shares during the last quarter. Geode Capital Management LLC raised its holdings 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 purchasing an additional 223,188 shares in the last quarter. Caprock Group LLC purchased a new stake in shares of DoorDash during the third quarter valued at about $3,169,000. Williamson Legacy Group LLC bought a new stake in shares of DoorDash in the 2nd quarter valued at about $1,264,000. Finally, Brighton Jones LLC grew its position in shares of DoorDash by 24.0% in the 4th quarter. Brighton Jones LLC now owns 9,336 shares of the company’s stock worth $1,566,000 after buying an additional 1,807 shares during the last quarter. Hedge funds and other institutional investors own 90.64% of the company’s stock.

DoorDash Stock Performance

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 $77.75 billion, a PE ratio of 91.83 and a beta of 1.77. The business’s 50-day moving average price is $209.66 and its 200-day moving average price is $232.23.

DoorDash (NASDAQ:DASH) last announced its earnings results on Wednesday, February 18th. The company reported $0.48 earnings per share 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 firm had revenue of $3.96 billion during the quarter, compared to analyst estimates of $3.98 billion. During the same quarter last year, the business earned $0.33 earnings per share. DoorDash’s revenue was up 37.7% on a year-over-year basis. As a group, equities research analysts expect that DoorDash, Inc. will post 2.22 earnings per share for the current fiscal year.

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.