DoorDash (NASDAQ:DASH) Price Target Cut to $205.00 by Analysts at Barclays

DoorDash (NASDAQ:DASH) had its price target trimmed by Barclays from $230.00 to $205.00 in a report released on Friday morning,Benzinga reports. The brokerage currently has an equal weight rating on the stock.

DASH has been the subject of a number of other research reports. TD Cowen restated a “buy” rating on shares of DoorDash in a report on Tuesday. Needham & Company LLC dropped their price target on DoorDash from $265.00 to $235.00 and set a “buy” rating on the stock in a research report on Friday. Truist Financial upped their target price on DoorDash from $330.00 to $336.00 and gave the company a “buy” rating in a report on Thursday, August 6th. Argus raised their price target on shares of DoorDash from $190.00 to $270.00 in a report on Thursday, August 27th. Finally, Raymond James Financial reaffirmed a “buy” rating on shares of DoorDash in a research report on Thursday, September 3rd. Two investment analysts have rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating and ten have issued a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $249.88.

DoorDash Stock Performance

Shares of DASH opened at $178.99 on Friday. The company has a 50-day moving average of $197.84 and a two-hundred day moving average of $183.11. The stock has a market cap of $77.56 billion, a price-to-earnings ratio of 73.96 and a beta of 1.90. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.37 and a quick ratio of 1.37. DoorDash has a one year low of $143.30 and a one year high of $260.74.

DoorDash (NASDAQ:DASH) last released its quarterly earnings results on Thursday, October 29th. The company reported $1.06 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.81 by $0.25. The business had revenue of $4.62 billion for the quarter, compared to analyst estimates of $4.56 billion. DoorDash had a net margin of 6.23% and a return on equity of 10.58%. The firm’s revenue was up 34.0% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.55 earnings per share. On average, equities research analysts expect that DoorDash will post 2.51 earnings per share for the current year.

Insider Activity at DoorDash

In related news, COO Prabir Adarkar sold 8,738 shares of DoorDash stock in a transaction on Monday, September 28th. The shares were sold at an average price of $180.85, for a total value of $1,580,267.30. Following the completion of the sale, the chief operating officer owned 921,473 shares of the company’s stock, valued at approximately $166,648,392.05. The trade was a 0.94% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Keith Yandell sold 2,183 shares of the company’s stock in a transaction on Thursday, October 1st. The stock was sold at an average price of $183.69, for a total transaction of $400,995.27. Following the completion of the sale, the chief operating officer owned 118,505 shares of the company’s stock, valued at $21,768,183.45. This represents a 1.81% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 393,998 shares of company stock worth $85,861,330. 44.90% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. Ascent Group LLC grew its holdings in DoorDash by 16.8% during the third quarter. Ascent Group LLC now owns 2,320 shares of the company’s stock valued at $426,000 after purchasing an additional 333 shares during the last quarter. Caldwell Trust Co lifted its position in DoorDash by 7.2% during the 3rd quarter. Caldwell Trust Co now owns 2,160 shares of the company’s stock worth $396,000 after acquiring an additional 145 shares during the last quarter. Rakuten Investment Management Inc. grew its position in shares of DoorDash by 10.1% in the third quarter. Rakuten Investment Management Inc. now owns 102,629 shares of the company’s stock valued at $19,202,000 after purchasing an additional 9,451 shares during the last quarter. Provenance Wealth Advisors LLC bought a new position in shares of DoorDash in the third quarter worth about $61,000. Finally, Lyell Wealth Management LP lifted its position in shares of DoorDash by 10.0% during the 3rd quarter. Lyell Wealth Management LP now owns 3,313 shares of the company’s stock worth $608,000 after purchasing an additional 300 shares during the last quarter. Institutional investors and hedge funds own 90.64% of the company’s stock.

More DoorDash News

Here are the key news stories impacting DoorDash this week:

• Positive Sentiment: Strong third-quarter results: DoorDash reported adjusted earnings of $1.06 per share, exceeding the $0.81 consensus estimate, while revenue rose 34% year over year to $4.62 billion, also topping expectations. Management said the quarter set records for marketplace gross order volume, revenue and net income. DoorDash third-quarter results
• Positive Sentiment: Analysts still see upside: Wedbush upgraded DASH to “outperform” with a $230 price target, while Cantor Fitzgerald reaffirmed its “overweight” rating with a $240 target. Truist also kept a “buy” rating and raised its target to $340. Wedbush DoorDash rating
• Neutral Sentiment: AI demand remains limited: DoorDash said third-party AI agents generated only several hundred orders out of roughly 993 million quarterly orders. The disclosure reduces immediate fears that AI agents could disrupt its customer relationship, but also indicates that AI-driven ordering has not yet become a meaningful growth catalyst. DoorDash AI agent orders
• Negative Sentiment: Instacart deal creates major uncertainty: DoorDash agreed to acquire Instacart for approximately $17 billion, but the transaction may not close until late 2027 or early 2028. Instacart’s shares remain well below the $65 offer price, signaling investor concern over antitrust approval. Regulators and local officials have warned that the merger could reduce competition, increase prices or weaken gig-worker bargaining power. DoorDash Instacart regulatory risks
• Negative Sentiment: Mixed analyst revisions: Scotiabank lowered its target to $235 while retaining “sector outperform,” and Wells Fargo cut its target to $200 with an “equal weight” rating. Barclays also reduced its target to $205 and maintained “equal weight,” reflecting greater caution around valuation and the acquisition.

DoorDash Company Profile

DoorDash, Inc (NASDAQ:DASH) operates a local commerce platform that connects consumers with restaurants, grocery stores, convenience retailers and other merchants. Through its website and mobile applications, customers can browse products, place orders for delivery or pickup, and access related services.

The company provides merchants with ordering, delivery, logistics, marketing and payment tools. Its offerings include the DoorDash Marketplace, subscription programs such as DashPass, and delivery infrastructure that merchants can use through services including DoorDash Drive.