Benchmark Cuts DoorDash (NASDAQ:DASH) Price Target to $270.00

DoorDash (NASDAQ:DASH) had its price objective cut by Benchmark from $285.00 to $270.00 in a research note published on Monday, MarketBeat Ratings reports. They currently have a buy rating on the stock.

Other research analysts have also recently issued research reports about the company. Susquehanna lowered their price objective on DoorDash from $250.00 to $225.00 and set a “positive” rating for the company in a research note on Friday, May 8th. UBS Group increased their target price on DoorDash from $206.00 to $214.00 and gave the stock a “neutral” rating in a research note on Thursday, May 7th. Truist Financial dropped their price target on shares of DoorDash from $340.00 to $330.00 and set a “buy” rating on the stock in a research note on Thursday, May 7th. Weiss Ratings raised shares of DoorDash from a “hold (c-)” rating to a “hold (c)” rating in a research report on Wednesday, May 13th. Finally, The Goldman Sachs Group set a $280.00 price objective on shares of DoorDash in a research note on Thursday, May 7th. One investment analyst has rated the stock with a Strong Buy rating, twenty-four have given a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $252.72.

DoorDash Price Performance

Shares of NASDAQ DASH opened at $207.27 on Monday. DoorDash has a fifty-two week low of $143.30 and a fifty-two week high of $285.50. The company has a 50 day simple moving average of $178.38 and a two-hundred day simple moving average of $174.43. The company has a market capitalization of $90.31 billion, a price-to-earnings ratio of 98.70 and a beta of 1.78. 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 issued its quarterly earnings results on Wednesday, August 5th. The company reported $0.46 EPS for the quarter, missing analysts’ consensus estimates of $0.47 by ($0.01). The company had revenue of $4.45 billion during the quarter, compared to the consensus estimate of $4.34 billion. DoorDash had a return on equity of 9.58% and a net margin of 6.29%.The business’s revenue for the quarter was up 35.6% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.65 earnings per share. Analysts expect that DoorDash will post 2.38 EPS for the current fiscal year.

Insider Activity at DoorDash

In related news, General Counsel Tia Sherringham sold 2,743 shares of the firm’s stock in a transaction that occurred on Friday, May 22nd. The shares were sold at an average price of $160.79, for a total value of $441,046.97. Following the sale, the general counsel owned 128,216 shares in the company, valued at approximately $20,615,850.64. This trade represents a 2.09% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Andy Fang sold 5,000 shares of DoorDash stock in a transaction that occurred on Wednesday, June 24th. The stock was sold at an average price of $180.00, for a total transaction of $900,000.00. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 142,620 shares of company stock valued at $26,822,778 over the last quarter. 5.28% of the stock is owned by company insiders.

Institutional Trading of DoorDash

Large investors have recently modified their holdings of the company. MV Capital Management Inc. purchased a new stake in DoorDash during the fourth quarter valued at $26,000. Sunbelt Securities Inc. boosted its position in DoorDash by 124.1% in the third quarter. Sunbelt Securities Inc. now owns 121 shares of the company’s stock worth $33,000 after purchasing an additional 67 shares during the last quarter. Swiss RE Ltd. purchased a new position in DoorDash in the fourth quarter worth about $28,000. ST Germain D J Co. Inc. bought a new stake in shares of DoorDash during the 4th quarter valued at about $29,000. Finally, Morse Asset Management Inc bought a new stake in shares of DoorDash during the 3rd quarter valued at about $36,000. Institutional investors own 90.64% of the company’s stock.

DoorDash News Summary

Here are the key news stories impacting DoorDash this week:

• Positive Sentiment: Second-quarter revenue rose 35.6% year over year to $4.45 billion, exceeding the $4.34 billion analyst consensus. DoorDash also reported continued growth in its marketplaces, membership programs and monthly active users, supporting the company’s expansion narrative. DoorDash Releases Second Quarter 2026 Financial Results
• Positive Sentiment: UBS forecast substantial potential appreciation for DASH, reinforcing the view that the stock’s long-term growth prospects remain attractive. UBS Group Forecasts Strong Price Appreciation for DoorDash Stock
• Positive Sentiment: DoorDash remains positioned to benefit from increasing interest in the gig economy, with analysts identifying DASH as one of the stocks to monitor alongside Uber and Etsy. Gig Economy Stocks to Monitor

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.