DA Davidson Issues Pessimistic Forecast for DoorDash (NASDAQ:DASH) Stock Price

DoorDash (NASDAQ:DASH) had its price target reduced by DA Davidson from $260.00 to $224.00 in a report issued on Thursday, Marketbeat.com reports. The firm currently has a “neutral” rating on the stock. DA Davidson’s target price indicates a potential upside of 27.06% from the company’s current price.

A number of other equities analysts have also commented on the stock. Truist Financial boosted their price target on shares of DoorDash from $326.00 to $340.00 and gave the company a “buy” rating in a research report on Thursday, October 23rd. Royal Bank Of Canada cut their target price on shares of DoorDash from $300.00 to $270.00 and set an “outperform” rating for the company in a research note on Thursday, November 6th. UBS Group reissued a “neutral” rating and issued a $245.00 target price on shares of DoorDash in a report on Monday, February 2nd. Argus dropped their price target on DoorDash from $275.00 to $260.00 and set a “buy” rating for the company in a report on Friday, December 12th. Finally, Citigroup reiterated a “market outperform” rating on shares of DoorDash in a research report on Monday, November 24th. One analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating and nine have issued a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $263.89.

DoorDash Stock Performance

Shares of NASDAQ:DASH opened at $176.29 on Thursday. The business’s fifty day moving average price is $207.67 and its two-hundred day moving average price is $231.28. DoorDash has a fifty-two week low of $155.40 and a fifty-two week high of $285.50. The stock has a market capitalization of $75.98 billion, a price-to-earnings ratio of 83.16 and a beta of 1.77. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.41 and a quick ratio of 2.04.

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

Insiders Place Their Bets

In other DoorDash news, COO Prabir Adarkar sold 15,000 shares of the stock in a transaction on Tuesday, January 20th. The shares were sold at an average price of $204.59, for a total value of $3,068,850.00. Following the sale, the chief operating officer directly owned 874,130 shares in the company, valued at approximately $178,838,256.70. This trade represents a 1.69% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CFO Ravi Inukonda sold 1,017 shares of DoorDash stock in a transaction on Wednesday, January 14th. The stock was 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 in the company, valued at approximately $44,837,757.68. This represents a 0.49% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 315,725 shares of company stock worth $67,969,184 over the last ninety days. Company insiders own 5.83% of the company’s stock.

Institutional Trading of DoorDash

Hedge funds have recently added to or reduced their stakes in the business. T. Rowe Price Investment Management Inc. acquired a new position in DoorDash in the fourth quarter valued at about $126,178,000. Corient Private Wealth LLC lifted its holdings in shares of DoorDash by 51.0% during the 4th quarter. Corient Private Wealth LLC now owns 43,080 shares of the company’s stock valued at $9,757,000 after purchasing an additional 14,549 shares in the last quarter. Vident Advisory LLC grew its position in shares of DoorDash by 16.3% in the 4th quarter. Vident Advisory LLC now owns 32,579 shares of the company’s stock valued at $7,379,000 after purchasing an additional 4,567 shares during the period. Beacon Pointe Advisors LLC increased its stake in DoorDash by 82.0% during the 4th quarter. Beacon Pointe Advisors LLC now owns 8,427 shares of the company’s stock worth $1,908,000 after purchasing an additional 3,798 shares in the last quarter. Finally, State of Tennessee Department of Treasury raised its holdings in DoorDash by 9.2% during the 4th quarter. State of Tennessee Department of Treasury now owns 128,297 shares of the company’s stock worth $29,057,000 after buying an additional 10,811 shares during the period. Institutional investors and hedge funds own 90.64% of the company’s stock.

Key DoorDash News

Here are the key news stories impacting DoorDash this week:

• Positive Sentiment: Robust growth and guidance — Q4 revenue of $3.96B (+~38% Y/Y) and a 32% jump in orders underpin optimism that delivery demand and new verticals will sustain growth. Zacks: Q4 Earnings
• Positive Sentiment: Analyst bullishness persists — Truist raised its target to $340 (buy) and Bank of America lifted its target to $272; several analysts still see double‑digit upside on the guidance update. Benzinga: Analyst Moves
• Positive Sentiment: Institutional buying and rebound thesis — MarketBeat highlights sustained institutional accumulation and a technical rebound setup tied to increased FY26 spending to accelerate growth. MarketBeat: Rebound Signal
• Positive Sentiment: Unusual bullish options flow — Traders bought ~34,908 call contracts on Friday (≈+101% vs. typical daily volume), signaling speculative bullish positioning that can amplify short‑term upside.
• Neutral Sentiment: Retail promotions — DoorDash gift‑card deals are running (15% off), which can support order activity but has limited strategic impact. Android Authority: Gift Card Deal
• Neutral Sentiment: Short‑interest reporting appears anomalous (entries show zero/NaN), so there’s no meaningful short squeeze signal from the provided short‑interest data.
• Negative Sentiment: Earnings & guidance concerns — Q4 EPS missed ( $0.48 vs. $0.58 est.) and revenue slightly missed consensus; the company flagged rising costs and storm impacts that produced a weaker near‑term profit outlook. Seeking Alpha: Investment Intensity
• Negative Sentiment: Analyst target cuts — Several firms trimmed price targets (Cantor Fitzgerald, Needham, DA Davidson, Citizens Jmp reduced their targets), reflecting concern that increased spending will compress near‑term margins even as growth continues. Benzinga: Price Target Moves
• Negative Sentiment: Margin and investment scrutiny — Commentators and some analysts warn that the intensified investment cycle (tech, marketing, new verticals) could weigh on profitability before benefits materialize. CNBC: Investment Cycle

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.