DoorDash (NASDAQ:DASH) Price Target Lowered to $185.00 at Stifel Nicolaus

DoorDash (NASDAQ:DASH) had its price target trimmed by Stifel Nicolaus from $215.00 to $185.00 in a research note issued to investors on Monday,Benzinga reports. They currently have a hold rating on the stock.

DASH has been the subject of several other reports. Roth Mkm reissued a “neutral” rating and issued a $200.00 price target on shares of DoorDash in a research note on Thursday, February 19th. Bank of America boosted their price target on shares of DoorDash from $260.00 to $272.00 and gave the stock a “buy” rating in a research note on Thursday, February 19th. Citigroup lowered their price target on shares of DoorDash from $283.00 to $280.00 and set a “buy” rating for the company in a research note on Friday, February 20th. Evercore set a $300.00 price target on shares of DoorDash in a research note on Thursday, February 19th. Finally, BNP Paribas Exane assumed coverage on shares of DoorDash in a research note on Wednesday, January 14th. They issued an “outperform” rating and a $280.00 price target for the company. One equities research analyst has rated the stock with a Strong Buy rating, twenty-five have given a Buy rating and nine have issued a Hold rating to the company. According to MarketBeat, DoorDash has a consensus rating of “Moderate Buy” and an average target price of $260.88.

DoorDash Stock Performance

DoorDash stock opened at $159.61 on Monday. The company has a quick ratio of 1.41, a current ratio of 1.41 and a debt-to-equity ratio of 0.27. The company has a market capitalization of $69.34 billion, a PE ratio of 75.29 and a beta of 1.93. The firm has a fifty day simple moving average of $167.13 and a two-hundred day simple moving average of $207.84. DoorDash has a twelve month low of $143.30 and a twelve month high of $285.50.

DoorDash (NASDAQ:DASH) last posted its quarterly earnings results on Wednesday, February 18th. The company reported $0.48 earnings per share for the quarter, missing the consensus estimate of $0.58 by ($0.10). The business had revenue of $3.96 billion during the quarter, compared to the consensus estimate of $3.98 billion. DoorDash had a return on equity of 10.15% and a net margin of 6.82%.The business’s revenue for the quarter was up 37.7% on a year-over-year basis. During the same period in the prior year, the firm earned $0.33 earnings per share. Research analysts expect that DoorDash will post 2.22 EPS for the current year.

Insider Activity

In other news, Director Shona L. Brown sold 1,250 shares of the company’s stock in a transaction dated Monday, March 9th. The shares were sold at an average price of $176.61, for a total transaction of $220,762.50. Following the completion of the transaction, the director directly owned 31,002 shares of the company’s stock, valued at approximately $5,475,263.22. This represents a 3.88% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CFO Ravi Inukonda sold 1,017 shares of the company’s stock in a transaction dated Wednesday, January 14th. The shares were sold at an average price of $215.14, for a total transaction of $218,797.38. Following the transaction, the chief financial officer directly owned 208,412 shares of the company’s stock, valued at approximately $44,837,757.68. This trade represents a 0.49% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 95,423 shares of company stock valued at $18,043,871. 5.83% of the stock is currently owned by insiders.

Hedge Funds Weigh In On DoorDash

Several hedge funds and other institutional investors have recently modified their holdings of DASH. Norges Bank bought a new position in DoorDash in the fourth quarter worth about $1,093,650,000. Wellington Management Group LLP raised its stake in DoorDash by 593.1% in the fourth quarter. Wellington Management Group LLP now owns 5,481,693 shares of the company’s stock worth $1,241,494,000 after buying an additional 4,690,744 shares in the last quarter. Price T Rowe Associates Inc. MD raised its stake in DoorDash by 32.8% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 13,958,114 shares of the company’s stock worth $3,161,234,000 after buying an additional 3,447,754 shares in the last quarter. Coatue Management LLC raised its stake in DoorDash by 77.8% in the fourth quarter. Coatue Management LLC now owns 4,365,365 shares of the company’s stock worth $988,668,000 after buying an additional 1,910,488 shares in the last quarter. Finally, Alyeska Investment Group L.P. bought a new position in DoorDash in the fourth quarter worth about $372,128,000. 90.64% of the stock is owned by institutional investors.

Key Stories Impacting DoorDash

Here are the key news stories impacting DoorDash this week:

• Positive Sentiment: Brokerage consensus remains constructive — DoorDash received a “Moderate Buy” consensus from brokerages, which supports demand for the shares. Article Title
• Positive Sentiment: Analyst and media debate over valuation: some outlets frame the recent weakness as a buying opportunity given persistent consumer willingness to pay for delivery, which could attract value‑oriented flows if investors agree. Article Title
• Neutral Sentiment: Political PR: a DoorDash driver praised a federal “no tax on tips” policy at the White House, providing positive publicity around tipping and driver take‑home pay but with limited direct impact on DoorDash’s fundamentals. Article Title
• Neutral Sentiment: Oval Office moment: President Trump tipped a DoorDash driver on camera to promote the same tax policy — short‑term attention that can affect sentiment but is unlikely to change company economics. Article Title
• Negative Sentiment: Analyst downgrade in tone: Stifel Nicolaus cut its price target from $215 to $185 and set a “hold” rating — a nearer‑term headwind for sentiment and potential selling pressure despite the revised target still implying upside. Article Title
• Negative Sentiment: Regulatory risk: coverage notes possible city‑level bans or restrictions on delivery platforms in some municipalities, a direct operating risk that could reduce addressable markets or increase compliance costs. Article Title
• Negative Sentiment: Political backlash risk: opinion pieces argue that high‑profile political stunts can highlight partisan risks and distract from business fundamentals, which may spook some investors. Article Title
• Negative Sentiment: Isolated reputational item: court documents allege misuse of charitable donations that included DoorDash purchases — not company misconduct but a potential minor PR issue if it gains traction. Article Title

About DoorDash

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.