DoorDash, Inc. (NASDAQ:DASH – Get Free Report) Director Ashley Still sold 63 shares of the stock in a transaction that occurred on Tuesday, February 3rd. The shares were sold at an average price of $207.42, for a total value of $13,067.46. Following the transaction, the director directly owned 2,228 shares of the company’s stock, valued at $462,131.76. This trade represents a 2.75% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link.
DoorDash Trading Down 0.8%
Shares of DoorDash stock opened at $182.47 on Friday. The stock has a market cap of $78.64 billion, a P/E ratio of 92.62 and a beta of 1.77. DoorDash, Inc. has a 12-month low of $155.40 and a 12-month high of $285.50. The business’s 50 day moving average is $217.70 and its 200-day moving average is $236.49. The company has a quick ratio of 2.04, a current ratio of 2.04 and a debt-to-equity ratio of 0.29.
DoorDash (NASDAQ:DASH – Get Free Report) last announced its quarterly earnings data on Wednesday, November 5th. The company reported $0.55 EPS for the quarter, missing analysts’ consensus estimates of $0.68 by ($0.13). The firm had revenue of $3.45 billion during the quarter, compared to the consensus estimate of $3.35 billion. DoorDash had a net margin of 6.83% and a return on equity of 9.97%. The business’s revenue was up 27.3% on a year-over-year basis. During the same period last year, the business earned $0.38 EPS. Equities research analysts predict that DoorDash, Inc. will post 2.22 earnings per share for the current fiscal year.
Hedge Funds Weigh In On DoorDash
DoorDash News Summary
Here are the key news stories impacting DoorDash this week:
- Positive Sentiment: Major Super Bowl marketing push — DoorDash launched its “Big Beef” / “Beef 101” campaign starring 50 Cent, a high‑visibility ad buy that should boost brand awareness and order volume around a peak spending moment. DoorDash’s Super Bowl LX ad ‘Beef 101’
- Positive Sentiment: Payment expansion increases addressable market — DoorDash expanded SNAP/EBT acceptance to additional grocers and retailers (Wegmans, CVS, Lowes Foods, Rouses, Dierbergs), likely supporting more grocery/retail orders from lower‑income households. DoorDash Expands SNAP/EBT Payment
- Positive Sentiment: Community and local PR — Project DASH delivered 500+ meals to Queens Medicaid recipients, reinforcing local goodwill and corporate social responsibility. Project DASH to the rescue
- Neutral Sentiment: Analyst coverage mostly constructive — Sell‑side firms continue to lean buy/outperform despite some target trims, signaling confidence in long‑term monetization even as DoorDash invests. Buy Rating Upheld
- Neutral Sentiment: Consumer features and lifestyle coverage — Gift guides and opinion pieces keep the brand top‑of‑mind but are unlikely to move fundamentals materially. Last-Minute DoorDash Gifts
- Negative Sentiment: Significant insider selling — Co‑founder/director Stanley Tang sold ~45,410 shares (~$9.49M at reported prices) in early February; a director (Ashley Still) also sold a small parcel. Large insider sales can increase perceived supply and pressure sentiment. Stanley Tang Form 4 (SEC) Ashley Still Form 4 (SEC)
- Negative Sentiment: Isolated delivery incident and local PR risk — A reported customer incident caught on camera is a reminder of operational/quality control risks; isolated now but could matter if incidents accumulate. Toledo delivery incident
Analyst Upgrades and Downgrades
A number of analysts have recently issued reports on the company. Oppenheimer reaffirmed an “outperform” rating and issued a $280.00 price objective on shares of DoorDash in a research report on Thursday, November 6th. Stifel Nicolaus cut their price target on DoorDash from $253.00 to $224.00 and set a “hold” rating for the company in a report on Tuesday, January 27th. Wells Fargo & Company boosted their price objective on DoorDash from $239.00 to $251.00 and gave the stock an “equal weight” rating in a report on Thursday, January 8th. JPMorgan Chase & Co. reduced their target price on shares of DoorDash from $325.00 to $300.00 and set an “overweight” rating for the company in a research report on Thursday, November 6th. Finally, Royal Bank Of Canada lowered their price target on shares of DoorDash from $300.00 to $270.00 and set an “outperform” rating on the stock in a research report on Thursday, November 6th. One investment analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $279.09.
Check Out Our Latest Stock Analysis on DoorDash
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.
Featured Stories
- Five stocks we like better than DoorDash
- NEW LAW: Congress Approves Setup For Digital Dollar?
- The day the gold market broke
- What a Former CIA Agent Knows About the Coming Collapse
- Your Bank Account Is No Longer Safe
- Buy this stock tomorrow?
Receive News & Ratings for DoorDash Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for DoorDash and related companies with MarketBeat.com's FREE daily email newsletter.
