Rakuten Investment Management Inc. Makes New Investment in DoorDash, Inc. $DASH

Rakuten Investment Management Inc. acquired a new stake in DoorDash, Inc. (NASDAQ:DASH) during the 3rd quarter, HoldingsChannel.com reports. The institutional investor acquired 7,547 shares of the company’s stock, valued at approximately $2,053,000.

A number of other hedge funds also recently modified their holdings of the stock. GFG Capital LLC acquired a new position in DoorDash in the 2nd quarter valued at about $30,000. Sound Income Strategies LLC boosted its holdings in shares of DoorDash by 2,760.0% during the third quarter. Sound Income Strategies LLC now owns 143 shares of the company’s stock worth $39,000 after acquiring an additional 138 shares during the period. Asset Planning Inc acquired a new position in shares of DoorDash in the third quarter valued at approximately $50,000. CX Institutional grew its position in shares of DoorDash by 3,660.0% in the third quarter. CX Institutional now owns 188 shares of the company’s stock valued at $51,000 after purchasing an additional 183 shares during the last quarter. Finally, Salomon & Ludwin LLC increased its stake in shares of DoorDash by 233.3% during the third quarter. Salomon & Ludwin LLC now owns 190 shares of the company’s stock worth $52,000 after purchasing an additional 133 shares during the period. Institutional investors and hedge funds own 90.64% of the company’s stock.

Analysts Set New Price Targets

Several analysts recently issued reports on DASH shares. Wells Fargo & Company boosted their price target on DoorDash from $239.00 to $251.00 and gave the company an “equal weight” rating in a research note on Thursday, January 8th. Exane BNP Paribas raised shares of DoorDash to a “strong-buy” rating in a research report on Wednesday, January 14th. Argus lowered their price target on shares of DoorDash from $275.00 to $260.00 and set a “buy” rating on the stock in a research report on Friday, December 12th. Susquehanna dropped their price objective on shares of DoorDash from $300.00 to $250.00 and set a “positive” rating for the company in a research note on Friday, November 7th. Finally, BNP Paribas Exane started coverage on shares of DoorDash in a report on Wednesday, January 14th. They issued an “outperform” rating and a $280.00 price objective for the company. Three analysts have rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $281.26.

DoorDash Trading Down 0.2%

Shares of DoorDash stock opened at $207.23 on Friday. 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, Inc. has a 12-month low of $155.40 and a 12-month high of $285.50. The company has a market capitalization of $89.32 billion, a price-to-earnings ratio of 105.19 and a beta of 1.70. The firm’s 50-day moving average price is $217.08 and its two-hundred day moving average price is $239.18.

DoorDash (NASDAQ:DASH) last issued its quarterly earnings results on Wednesday, November 5th. The company reported $0.55 earnings per share for the quarter, missing analysts’ consensus estimates of $0.68 by ($0.13). The firm had revenue of $3.45 billion for the quarter, compared to the consensus estimate of $3.35 billion. DoorDash had a return on equity of 9.97% and a net margin of 6.83%.The business’s revenue was up 27.3% on a year-over-year basis. During the same period last year, the company posted $0.38 EPS. On average, analysts forecast that DoorDash, Inc. will post 2.22 earnings per share for the current fiscal year.

Key DoorDash News

Here are the key news stories impacting DoorDash this week:

• Positive Sentiment: DoorDash says it applied AI across chat and calls to detect and defuse unsafe interactions, cutting reported incidents by ~50% — a meaningful operational improvement that can reduce liability, lower driver churn and improve marketplace trust. DoorDash Applies AI to Safety Across Chat and Calls, Cutting Incidents by 50%
• Positive Sentiment: Hibbett launched on DoorDash nationwide, expanding DoorDash’s retail assortment beyond food and groceries — a distribution win that supports revenue diversification and incremental GMV. Hibbett Launches on DoorDash
• Neutral Sentiment: Severe weather coverage warns consumers/drivers to avoid driving during a D-FW winter storm — a temporary drop in delivery activity in affected regions but not a company-specific structural issue. Should you Uber, Lyft, Doordash during D-FW winter storm?
• Negative Sentiment: A federal judge rejected DoorDash and Uber’s bid to block New York City’s tipping rules and related mandates (including a required 10% tip prompt) — a legal setback that increases the chance of changes that could boost customer tips but pressure platform commissions and take-rates in a major market. Judge rejects DoorDash, Uber bid to block NYC tipping laws Doordash, Uber fail to stop NYC law requiring 10% tip prompt
• Negative Sentiment: COO Prabir Adarkar sold 15,000 shares (~1.7% reduction of his recent position) — an insider sale that can weigh on sentiment even though his remaining stake remains large. SEC filing and coverage noted the trade. DoorDash COO Prabir Adarkar Sells 15,000 Shares
• Negative Sentiment: KeyCorp cut its price target to $275 — a downward analyst revision that can temper buy-side enthusiasm and price momentum. KeyCorp Lowers DoorDash Price Target
• Negative Sentiment: Recent reports of assaults and a knife threat against DoorDash drivers highlight ongoing safety risks that tie back to liability, insurance and retention costs despite the company’s AI safety push. Police look for man accused of flashing a knife at a DoorDash driver DoorDash driver reports armed robbery during delivery

Insider Activity

In other DoorDash news, Director Shona L. Brown sold 1,250 shares of the firm’s stock in a transaction on Friday, January 9th. The stock was sold at an average price of $222.33, for a total value of $277,912.50. Following the sale, the director owned 33,502 shares of the company’s stock, valued at approximately $7,448,499.66. This trade represents a 3.60% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CFO Ravi Inukonda sold 1,017 shares of DoorDash stock in a transaction on Wednesday, January 14th. The shares were sold at an average price of $215.14, for a total value of $218,797.38. Following the completion of the transaction, the chief financial officer owned 208,412 shares in the company, valued at approximately $44,837,757.68. The trade was a 0.49% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 632,885 shares of company stock valued at $133,222,817. Corporate insiders own 5.83% of the company’s stock.

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.