DoorDash (NASDAQ:DASH) Director Stanley Tang Sells 23,125 Shares of Stock

DoorDash, Inc. (NASDAQ:DASH) Director Stanley Tang sold 23,125 shares of the stock in a transaction on Thursday, July 2nd. The stock was sold at an average price of $191.19, for a total value of $4,421,268.75. The transaction was disclosed in a document filed with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

DoorDash Price Performance

Shares of NASDAQ DASH traded up $7.26 during mid-day trading on Tuesday, reaching $195.72. The company had a trading volume of 4,650,504 shares, compared to its average volume of 4,974,709. The firm has a market cap of $85.28 billion, a price-to-earnings ratio of 93.20 and a beta of 1.78. The business’s 50-day simple moving average is $166.22 and its 200 day simple moving average is $179.95. DoorDash, Inc. has a one year low of $143.30 and a one year high of $285.50. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.43 and a current ratio of 1.43.

DoorDash (NASDAQ:DASH) last posted its quarterly earnings data on Wednesday, May 6th. The company reported $0.42 earnings per share for the quarter, topping the consensus estimate of $0.36 by $0.06. The business had revenue of $4.04 billion during the quarter, compared to analysts’ expectations of $4.15 billion. DoorDash had a net margin of 6.29% and a return on equity of 9.58%. DoorDash’s revenue was up 33.1% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.44 earnings per share. On average, research analysts predict that DoorDash, Inc. will post 2.41 earnings per share for the current fiscal year.

Hedge Funds Weigh In On DoorDash

Institutional investors have recently added to or reduced their stakes in the stock. Eastern Bank grew its stake in shares of DoorDash by 714.3% during the fourth quarter. Eastern Bank now owns 114 shares of the company’s stock worth $26,000 after buying an additional 100 shares during the last quarter. MV Capital Management Inc. bought a new position in shares of DoorDash in the 4th quarter valued at $26,000. Swiss RE Ltd. acquired a new stake in shares of DoorDash during the 4th quarter valued at $28,000. ST Germain D J Co. Inc. acquired a new stake in shares of DoorDash during the 4th quarter valued at $29,000. Finally, Kemnay Advisory Services Inc. bought a new stake in DoorDash during the 4th quarter worth $32,000. 90.64% of the stock is currently owned by institutional investors and hedge funds.

DoorDash News Roundup

Here are the key news stories impacting DoorDash this week:

• Positive Sentiment: DoorDash is reportedly pushing into auto parts delivery, adding another category to its marketplace and reinforcing the company’s expansion narrative. DoorDash (DASH) Pushes Into Auto Parts As Its Valuation Case Gets A Fresh Look
• Positive Sentiment: Technical commentary says DASH has formed a double-bottom pattern and is testing resistance near $191, with the 200-day moving average around $200 as the next key level to watch. DoorDash (DASH) Price Forecast: Can Bulls Clear $200 Barrier?
• Neutral Sentiment: DoorDash announced it will report second-quarter 2026 results on August 5, which keeps investors focused on upcoming earnings but does not change fundamentals yet. DoorDash to Announce Second Quarter 2026 Results on August 5, 2026
• Neutral Sentiment: DoorDash continues to show up in marketing and media coverage, including a soccer-themed ad and a Hypebeast event, which helps brand visibility but is unlikely to move the stock materially on its own. ‘Your American dream is over’: DoorDash ad takes jab at US World Cup loss
• Neutral Sentiment: Several stories about DoorDash drivers and unrelated incidents are likely noise for investors and do not appear to affect the company’s business outlook directly. Did our DoorDash driver eat our food?
• Negative Sentiment: Wells Fargo lowered its price target on DoorDash to $199 from $200 and kept an equal-weight rating, signaling limited upside in the near term. Benzinga report on Wells Fargo price target cut

Analyst Upgrades and Downgrades

DASH has been the subject of a number of recent analyst reports. The Goldman Sachs Group set a $280.00 price target on shares of DoorDash in a report on Thursday, May 7th. Susquehanna decreased their price objective on shares of DoorDash from $250.00 to $225.00 and set a “positive” rating on the stock in a research note on Friday, May 8th. Truist Financial lowered their price objective on shares of DoorDash from $340.00 to $330.00 and set a “buy” rating for the company in a research report on Thursday, May 7th. BTIG Research cut their target price on DoorDash from $280.00 to $225.00 and set a “buy” rating for the company in a research note on Friday, June 12th. Finally, Wells Fargo & Company reduced their target price on DoorDash from $200.00 to $199.00 and set an “equal weight” rating on the stock in a report on Monday. Two investment analysts have rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating and nine have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $256.08.

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.