BNP PARIBAS ASSET MANAGEMENT Holding S.A. Boosts Holdings in DoorDash, Inc. $DASH

BNP PARIBAS ASSET MANAGEMENT Holding S.A. increased its holdings in DoorDash, Inc. (NASDAQ:DASH) by 11.4% in the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 368,157 shares of the company’s stock after purchasing an additional 37,673 shares during the period. BNP PARIBAS ASSET MANAGEMENT Holding S.A. owned approximately 0.09% of DoorDash worth $99,881,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in DASH. Fiera Capital Corp lifted its stake in DoorDash by 85.4% in the third quarter. Fiera Capital Corp now owns 58,076 shares of the company’s stock worth $15,796,000 after purchasing an additional 26,746 shares during the last quarter. NewEdge Wealth LLC increased its holdings in shares of DoorDash by 20.9% in the third quarter. NewEdge Wealth LLC now owns 4,934 shares of the company’s stock worth $1,342,000 after buying an additional 853 shares during the period. Cercano Management LLC bought a new stake in shares of DoorDash in the 3rd quarter valued at about $7,019,000. Syon Capital LLC boosted its holdings in DoorDash by 0.3% during the 3rd quarter. Syon Capital LLC now owns 256,180 shares of the company’s stock valued at $69,678,000 after acquiring an additional 833 shares during the period. Finally, Axxcess Wealth Management LLC purchased a new stake in DoorDash during the 3rd quarter valued at about $634,000. Institutional investors own 90.64% of the company’s stock.

Analyst Upgrades and Downgrades

DASH has been the subject of several recent research reports. Guggenheim lowered their price objective on DoorDash from $275.00 to $255.00 and set a “buy” rating for the company in a research report on Thursday. BMO Capital Markets reiterated an “outperform” rating on shares of DoorDash in a report on Friday, December 12th. Wolfe Research set a $270.00 price target on shares of DoorDash in a report on Monday, January 5th. Royal Bank Of Canada decreased their price objective on shares of DoorDash from $300.00 to $270.00 and set an “outperform” rating on the stock in a research report on Thursday, November 6th. Finally, Bank of America increased their target price on shares of DoorDash from $260.00 to $272.00 and gave the stock a “buy” rating in a report on Thursday. One investment analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating and nine have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $265.91.

Key Stories Impacting DoorDash

Here are the key news stories impacting DoorDash this week:

• Positive Sentiment: Surging orders and revenue growth: DoorDash reported a 32% YoY increase in orders and ~38% revenue growth, evidence of sustained demand that traders are rewarding. Orders Surge Article
• Positive Sentiment: Strong forward commentary on order trajectory and AI/expansion: Management’s order forecast and remarks about AI/chatbot initiatives and new verticals (grocery/retail) have reassured investors that unit economics and new businesses can drive future profit. WSJ Order Forecast Article
• Positive Sentiment: Analyst bullishness: Several analysts raised targets (Truist to $340, BofA to $272) and MarketBeat highlighted a potential rebound and double‑digit analyst upside — supporting the recovery narrative. Analyst Moves MarketBeat Rebound
• Positive Sentiment: Longer-term AI/retail thesis: Coverage highlighting DoorDash as an “AI beneficiary” and its strategy to own local commerce software/logistics has helped sentiment beyond the quarter. Seeking Alpha AI Article
• Neutral Sentiment: Short‑interest data appears anomalous/glitched (reported as 0 shares / NaN change) and isn’t providing a clear signal to traders today.
• Negative Sentiment: Earnings miss and cautious near‑term outlook: Q4 EPS of $0.48 missed consensus of $0.58 and revenue slightly missed estimates; DoorDash also warned of higher spending that will dent Q1 profitability. CNBC Earnings Article
• Negative Sentiment: Initial post‑earnings selloff / increased investment risk: Shares plunged after hours then recovered; investors are weighing ramped‑up international/technology spending and Deliveroo investments that could pressure near‑term margins. Proactive Investors
• Negative Sentiment: Mixed analyst downgrades/target cuts: Some firms trimmed targets (Cantor Fitzgerald, Needham, DA Davidson), introducing caution and potential volatility despite other raises. Price Target Cuts

Insider Buying and Selling at DoorDash

In related news, COO Prabir Adarkar sold 30,000 shares of the firm’s stock in a transaction that occurred on Monday, December 22nd. The stock was sold at an average price of $234.57, for a total transaction of $7,037,100.00. Following the completion of the transaction, the chief operating officer owned 874,130 shares of the company’s stock, valued at $205,044,674.10. This trade represents a 3.32% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Alfred Lin bought 389,047 shares of the company’s stock in a transaction on Tuesday, November 25th. The stock was bought at an average cost of $193.81 per share, for a total transaction of $75,401,199.07. Following the completion of the acquisition, the director directly owned 389,047 shares of the company’s stock, valued at approximately $75,401,199.07. This represents a ∞ increase in their position. The SEC filing for this purchase provides additional information. In the last ninety days, insiders have sold 315,725 shares of company stock valued at $67,969,184. 5.83% of the stock is currently owned by company insiders.

DoorDash Price Performance

DASH opened at $176.19 on Friday. The company has a current ratio of 2.04, a quick ratio of 2.04 and a debt-to-equity ratio of 0.29. The company has a market cap of $75.94 billion, a price-to-earnings ratio of 83.11 and a beta of 1.77. The stock has a fifty day simple moving average of $208.70 and a two-hundred day simple moving average of $231.84. DoorDash, Inc. has a 12-month low of $155.40 and a 12-month high of $285.50.

DoorDash (NASDAQ:DASH) last released its earnings results on Wednesday, February 18th. The company reported $0.48 earnings per share for the quarter, missing analysts’ consensus estimates of $0.58 by ($0.10). DoorDash had a return on equity of 10.46% and a net margin of 6.82%.The business had revenue of $3.96 billion during the quarter, compared to analysts’ expectations of $3.98 billion. During the same period in the prior year, the company earned $0.33 earnings per share. The firm’s quarterly revenue was up 37.7% compared to the same quarter last year. Research analysts predict that DoorDash, Inc. will post 2.22 earnings per share for the current fiscal year.

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.