DoorDash (NASDAQ:DASH – Get Free Report) had its target price upped by investment analysts at UBS Group from $206.00 to $214.00 in a report released on Thursday,Benzinga reports. The brokerage presently has a “neutral” rating on the stock. UBS Group’s price target would indicate a potential upside of 30.54% from the company’s previous close.
DASH has been the topic of several other reports. Oppenheimer lowered their price target on shares of DoorDash from $280.00 to $235.00 and set an “outperform” rating on the stock in a report on Thursday, February 19th. Zacks Research lowered shares of DoorDash from a “hold” rating to a “strong sell” rating in a report on Monday, April 13th. The Goldman Sachs Group set a $280.00 target price on shares of DoorDash in a research note on Thursday. BTIG Research reissued a “buy” rating and set a $280.00 target price on shares of DoorDash in a research note on Thursday. Finally, Roth Mkm reissued a “neutral” rating and set a $200.00 target price on shares of DoorDash in a research note on Thursday, February 19th. Two analysts have rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $257.00.
View Our Latest Stock Analysis on DASH
DoorDash Price Performance
DoorDash (NASDAQ:DASH – Get Free Report) last posted its quarterly earnings results on Wednesday, May 6th. The company reported $0.42 EPS for the quarter, beating the consensus estimate of $0.36 by $0.06. DoorDash had a net margin of 6.29% and a return on equity of 9.58%. The company had revenue of $4.04 billion for the quarter, compared to analyst estimates of $4.15 billion. During the same period in the prior year, the company earned $0.44 earnings per share. The firm’s revenue was up 33.1% on a year-over-year basis. Research analysts expect that DoorDash will post 2.41 EPS for the current year.
Insider Transactions at DoorDash
In related news, Director Stanley Tang sold 21,433 shares of the company’s stock in a transaction dated Thursday, April 2nd. The shares were sold at an average price of $150.00, for a total transaction of $3,214,950.00. Following the completion of the transaction, the director owned 19,279 shares in the company, valued at $2,891,850. This represents a 52.65% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Shona L. Brown sold 1,250 shares of the company’s stock in a transaction dated Monday, March 9th. The stock was sold at an average price of $176.61, for a total transaction of $220,762.50. Following the transaction, the director owned 31,002 shares of the company’s stock, valued at approximately $5,475,263.22. This trade represents a 3.88% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 43,933 shares of company stock valued at $7,135,413 in the last ninety days. 5.83% of the stock is currently owned by corporate insiders.
Institutional Trading of DoorDash
A number of hedge funds have recently bought and sold shares of DASH. Resonant Capital Advisors LLC grew its stake in shares of DoorDash by 3.5% in the 3rd quarter. Resonant Capital Advisors LLC now owns 1,229 shares of the company’s stock valued at $334,000 after buying an additional 42 shares during the period. Premier Path Wealth Partners LLC grew its stake in shares of DoorDash by 1.9% in the 3rd quarter. Premier Path Wealth Partners LLC now owns 2,414 shares of the company’s stock valued at $657,000 after buying an additional 45 shares during the period. Callan Family Office LLC grew its stake in shares of DoorDash by 0.8% in the 3rd quarter. Callan Family Office LLC now owns 6,123 shares of the company’s stock valued at $1,665,000 after buying an additional 51 shares during the period. Keel Point LLC grew its stake in shares of DoorDash by 4.3% in the 3rd quarter. Keel Point LLC now owns 1,393 shares of the company’s stock valued at $379,000 after buying an additional 58 shares during the period. Finally, Petra Financial Advisors Inc. grew its stake in shares of DoorDash by 2.2% in the 3rd quarter. Petra Financial Advisors Inc. now owns 2,764 shares of the company’s stock valued at $752,000 after buying an additional 59 shares during the period. Institutional investors and hedge funds own 90.64% of the company’s stock.
Key Headlines Impacting DoorDash
Here are the key news stories impacting DoorDash this week:
- Positive Sentiment: DoorDash beat Q1 earnings estimates, posting adjusted EPS of $0.42 versus roughly $0.36-$0.37 expected, while orders, Marketplace GOV, and customer growth remained strong, supporting the stock’s rally. DoorDash stock jumps 11% after earnings beat and strong delivery demand
- Positive Sentiment: The company issued a stronger-than-expected forecast for order growth, with investors viewing the outlook for food and grocery delivery demand as the key driver behind the stock’s advance. DoorDash shares jump after strong quarterly forecast on food, grocery delivery demand
- Positive Sentiment: Several brokerages reiterated bullish or supportive views after earnings, including Needham’s buy rating and BTIG’s buy rating, with multiple analysts keeping price targets well above the current stock price. Analyst price target and rating updates
- Neutral Sentiment: Analysts noted the quarter was mixed because revenue missed estimates and margins narrowed, which tempers the strength of the earnings beat. DoorDash Q1 Earnings Top Estimates, Revenues Increase Y/Y, Shares Up
- Neutral Sentiment: DoorDash also said it plans to spend more than $50 million on gas relief for drivers, a cost that pressures near-term profitability but does not appear to have changed its 2026 EBITDA margin outlook. DoorDash plans to spend more than $50 million on gas price relief for its drivers this spring
- Negative Sentiment: Citigroup and Susquehanna both lowered their price targets, suggesting some analysts see less upside than before even while maintaining positive ratings. Price target cuts from Citigroup and Susquehanna
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.
Further Reading
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