DoorDash (NASDAQ:DASH) Now Covered by Analysts at BNP Paribas Exane

BNP Paribas Exane began coverage on shares of DoorDash (NASDAQ:DASH) in a research note issued to investors on Wednesday, MarketBeat reports. The firm issued an outperform rating and a $280.00 target price on the stock.

Several other analysts have also recently issued reports on DASH. BMO Capital Markets reissued an “outperform” rating on shares of DoorDash in a research note on Friday, December 12th. Zacks Research downgraded DoorDash from a “hold” rating to a “strong sell” rating in a research report on Monday, January 5th. Truist Financial raised their price objective on DoorDash from $326.00 to $340.00 and gave the stock a “buy” rating in a report on Thursday, October 23rd. Wells Fargo & Company lifted their price objective on DoorDash from $239.00 to $251.00 and gave the company an “equal weight” rating in a research note on Thursday, January 8th. Finally, Mizuho decreased their target price on DoorDash from $350.00 to $320.00 and set an “outperform” rating for the company in a report on Wednesday, November 12th. One investment analyst has rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $278.05.

DoorDash Stock Down 2.0%

DASH opened at $213.13 on Wednesday. DoorDash has a 12 month low of $155.40 and a 12 month high of $285.50. The business has a 50-day moving average of $216.21 and a two-hundred day moving average of $240.85. The company has a debt-to-equity ratio of 0.29, a current ratio of 2.04 and a quick ratio of 2.04. The stock has a market capitalization of $91.86 billion, a price-to-earnings ratio of 108.19 and a beta of 1.70.

DoorDash (NASDAQ:DASH) last announced its quarterly earnings data on Wednesday, November 5th. The company reported $0.55 earnings per share for the quarter, missing the consensus estimate of $0.68 by ($0.13). DoorDash had a return on equity of 9.97% and a net margin of 6.83%.The company had revenue of $3.45 billion for the quarter, compared to analysts’ expectations of $3.35 billion. During the same quarter in the previous year, the company earned $0.38 earnings per share. The company’s revenue was up 27.3% on a year-over-year basis. On average, research analysts expect that DoorDash will post 2.22 earnings per share for the current year.

Insider Activity

In other news, COO Prabir Adarkar sold 30,000 shares of DoorDash stock in a transaction that occurred on Monday, December 22nd. The shares were sold at an average price of $234.57, for a total transaction of $7,037,100.00. Following the sale, the chief operating officer owned 874,130 shares in the company, valued at $205,044,674.10. This trade represents a 3.32% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Stanley Tang sold 45,410 shares of the company’s stock in a transaction on Monday, December 1st. The shares were sold at an average price of $205.07, for a total transaction of $9,312,228.70. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 618,293 shares of company stock worth $130,311,170 in the last ninety days. 5.83% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On DoorDash

A number of institutional investors have recently added to or reduced their stakes in the company. Physician Wealth Advisors Inc. increased its position in shares of DoorDash by 284.0% during the third quarter. Physician Wealth Advisors Inc. now owns 96 shares of the company’s stock worth $26,000 after acquiring an additional 71 shares during the last quarter. Eastern Bank grew its stake in DoorDash by 714.3% during the 4th quarter. Eastern Bank now owns 114 shares of the company’s stock valued at $26,000 after purchasing an additional 100 shares in the last quarter. Sunbelt Securities Inc. increased its holdings in DoorDash by 124.1% during the 3rd quarter. Sunbelt Securities Inc. now owns 121 shares of the company’s stock worth $33,000 after purchasing an additional 67 shares during the last quarter. GFG Capital LLC acquired a new position in shares of DoorDash in the 2nd quarter valued at approximately $30,000. Finally, Morse Asset Management Inc purchased a new position in shares of DoorDash during the 3rd quarter valued at approximately $36,000. Institutional investors and hedge funds own 90.64% of the company’s stock.

DoorDash News Roundup

Here are the key news stories impacting DoorDash this week:

• Positive Sentiment: Analyst initiation — BNP Paribas Exane began coverage with an “Outperform” rating and a $280 price target (roughly +31% vs. current price), providing a notable institutional bullish vote that could support the stock if followed by others or if DoorDash meets growth/margin targets.
• Positive Sentiment: Operational execution — Coverage of DoorDash’s scalable tech and cost discipline (no costly ERP overhaul) highlights improving unit economics and margin leverage that support long‑term profitability. How DoorDash scaled without a costly ERP overhaul
• Positive Sentiment: Brand/PR moments — Local stories where first‑responders delivered orders after driver incidents (Round Rock, Covington) are small but positive PR signals about service continuity and brand goodwill. ‘No pizza left behind’: Round Rock police deliver food after DoorDash driver’s arrest Covington police officer delivers order after DoorDash driver gets into wreck
• Neutral Sentiment: Valuation take — A recent Seeking Alpha piece frames DoorDash as attractive long‑term but “too expensive” today; useful for investor context but not new company data. DoorDash: Too Expensive To Buy, But Too Good To Turn Bearish On
• Neutral Sentiment: Operational risk flagged — DoorDash shut down a driver after an AI deepfake was used as fake proof‑of‑delivery; an operational/ fraud risk to monitor but currently isolated. AI deepfake crosses into food delivery — DoorDash shuts down driver over fake proof
• Negative Sentiment: Major regulatory/alleged labor issue — New York City regulators claim DoorDash (with Uber Eats) shortchanged drivers by roughly $550M in tips; this is a material allegation that could lead to fines, remediation payments, and heightened regulatory scrutiny that would pressure costs and margins. NYC Says DoorDash, Uber Tip Changes Cut Driver Income by $550 Million Regulators say DoorDash and Uber Eats chiseled NYC delivery workers out of $550M in tips
• Negative Sentiment: Tipping practice allegations — Multiple reports allege DoorDash and UberEats blocked tipping flows for drivers; persistent negative publicity and possible policy or legal remedies could raise effective labor costs or require platform changes. UberEats and DoorDash allegedly blocked tipping for delivery drivers – update
• Negative Sentiment: Safety and insider signal — Coverage of a driver fatality in Nashville raises reputational and safety concerns; director Shona L. Brown sold 1,250 shares (Form 4 filed), a small insider sale that may be perceived as mildly negative absent further context. SEC Form 4 — Shona L. Brown

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.