DoorDash (NASDAQ:DASH) Upgraded at Zacks Research

Zacks Research upgraded shares of DoorDash (NASDAQ:DASH) from a hold rating to a strong-buy rating in a report released on Monday morning,Zacks.com reports. Zacks Research also issued estimates for DoorDash’s Q3 2025 earnings at $0.64 EPS, FY2025 earnings at $2.40 EPS, Q1 2026 earnings at $0.79 EPS, Q2 2026 earnings at $0.67 EPS, Q3 2026 earnings at $0.82 EPS, Q4 2026 earnings at $0.70 EPS, FY2026 earnings at $2.97 EPS, Q1 2027 earnings at $1.40 EPS, Q2 2027 earnings at $0.87 EPS, Q3 2027 earnings at $1.13 EPS and FY2027 earnings at $5.12 EPS.

DASH has been the topic of a number of other reports. Wedbush reaffirmed a “neutral” rating on shares of DoorDash in a report on Friday, August 8th. Oppenheimer upped their target price on shares of DoorDash from $280.00 to $310.00 and gave the company an “outperform” rating in a report on Thursday, August 7th. Wall Street Zen raised shares of DoorDash from a “hold” rating to a “buy” rating in a report on Saturday, October 11th. Raymond James Financial reaffirmed a “strong-buy” rating and issued a $325.00 target price (up from $275.00) on shares of DoorDash in a report on Thursday, August 7th. Finally, Guggenheim set a $330.00 target price on shares of DoorDash in a report on Tuesday. Three analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and twelve have assigned a Hold rating to the stock. Based on data from MarketBeat, DoorDash currently has an average rating of “Moderate Buy” and an average target price of $281.29.

DoorDash Trading Up 0.8%

DoorDash stock opened at $272.61 on Monday. The firm has a 50-day moving average of $259.32 and a 200-day moving average of $228.44. DoorDash has a one year low of $147.31 and a one year high of $285.08. The company has a debt-to-equity ratio of 0.30, a current ratio of 2.07 and a quick ratio of 2.07. The company has a market cap of $116.46 billion, a price-to-earnings ratio of 151.45 and a beta of 1.71.

DoorDash (NASDAQ:DASH) last posted its quarterly earnings data on Wednesday, August 6th. The company reported $0.65 EPS for the quarter, topping analysts’ consensus estimates of $0.42 by $0.23. DoorDash had a net margin of 6.57% and a return on equity of 9.56%. The company had revenue of $3.28 billion during the quarter, compared to the consensus estimate of $3.16 billion. During the same period in the prior year, the business posted ($0.38) EPS. The company’s quarterly revenue was up 24.9% on a year-over-year basis. On average, equities analysts expect that DoorDash will post 2.22 earnings per share for the current fiscal year.

Insider Buying and Selling at DoorDash

In other news, CEO Tony Xu sold 291,403 shares of the firm’s stock in a transaction that occurred on Wednesday, August 20th. The shares were sold at an average price of $238.19, for a total transaction of $69,409,280.57. Following the transaction, the chief executive officer directly owned 229,047 shares of the company’s stock, valued at approximately $54,556,704.93. This trade represents a 55.99% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Stanley Tang sold 45,410 shares of the firm’s stock in a transaction that occurred on Friday, August 1st. The stock was sold at an average price of $247.11, for a total transaction of $11,221,265.10. Following the transaction, the director directly owned 26,070 shares in the company, valued at $6,442,157.70. This represents a 63.53% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 968,137 shares of company stock valued at $241,767,280 over the last ninety days. Company insiders own 5.83% of the company’s stock.

Institutional Trading of DoorDash

Several large investors have recently made changes to their positions in the company. Vanguard Group Inc. boosted its position in shares of DoorDash by 4.6% during the 2nd quarter. Vanguard Group Inc. now owns 41,190,085 shares of the company’s stock worth $10,153,768,000 after acquiring an additional 1,792,799 shares in the last quarter. State Street Corp boosted its position in shares of DoorDash by 3.1% during the 2nd quarter. State Street Corp now owns 14,387,499 shares of the company’s stock worth $3,546,662,000 after acquiring an additional 427,722 shares in the last quarter. Geode Capital Management LLC boosted its position in shares of DoorDash by 2.9% during the 2nd quarter. Geode Capital Management LLC now owns 7,951,230 shares of the company’s stock worth $1,950,711,000 after acquiring an additional 223,188 shares in the last quarter. Invesco Ltd. boosted its position in shares of DoorDash by 12.0% during the 2nd quarter. Invesco Ltd. now owns 5,375,480 shares of the company’s stock worth $1,325,110,000 after acquiring an additional 575,629 shares in the last quarter. Finally, Price T Rowe Associates Inc. MD boosted its position in shares of DoorDash by 15.0% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 4,907,970 shares of the company’s stock worth $897,031,000 after acquiring an additional 641,601 shares in the last quarter. Institutional investors and hedge funds own 90.64% of the company’s stock.

About DoorDash

DoorDash, Inc, together with its subsidiaries, operates a commerce platform that connects merchants, consumers, and independent contractors in the United States and internationally. The company operates DoorDash Marketplace and Wolt Marketplace, which provide various services, such as customer acquisition, demand generation, order fulfillment, merchandising, payment processing, and customer support.