Truist Financial Forecasts Strong Price Appreciation for DoorDash (NASDAQ:DASH) Stock

DoorDash (NASDAQ:DASH) had its price target lifted by research analysts at Truist Financial from $330.00 to $340.00 in a research report issued on Thursday,Benzinga reports. The firm currently has a “buy” rating on the stock. Truist Financial’s price objective indicates a potential upside of 92.86% from the stock’s current price.

Several other equities research analysts have also weighed in on DASH. Susquehanna dropped their price objective on shares of DoorDash from $300.00 to $250.00 and set a “positive” rating on the stock in a research note on Friday, November 7th. Mizuho dropped their price target on DoorDash from $350.00 to $320.00 and set an “outperform” rating on the stock in a research report on Wednesday, November 12th. DA Davidson reduced their price objective on DoorDash from $260.00 to $224.00 and set a “neutral” rating for the company in a research report on Thursday. JPMorgan Chase & Co. dropped their target price on DoorDash from $325.00 to $300.00 and set an “overweight” rating on the stock in a research report on Thursday, November 6th. Finally, Wolfe Research set a $270.00 target price on DoorDash in a research note on Monday, January 5th. One analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and nine have given a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $263.89.

DoorDash Price Performance

Shares of NASDAQ DASH opened at $176.29 on Thursday. The company has a current ratio of 1.41, a quick ratio of 2.04 and a debt-to-equity ratio of 0.27. The company has a market capitalization of $75.98 billion, a price-to-earnings ratio of 83.16 and a beta of 1.77. DoorDash has a twelve month low of $155.40 and a twelve month high of $285.50. The business has a 50 day simple moving average of $207.67 and a 200-day simple moving average of $231.28.

DoorDash (NASDAQ:DASH) last released its quarterly earnings data on Wednesday, February 18th. The company reported $0.48 EPS for the quarter, missing analysts’ consensus estimates of $0.58 by ($0.10). DoorDash had a return on equity of 10.15% and a net margin of 6.82%.The business had revenue of $3.96 billion during the quarter, compared to analyst estimates of $3.98 billion. During the same period in the prior year, the firm earned $0.33 EPS. The business’s revenue for the quarter was up 37.7% compared to the same quarter last year. As a group, equities 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 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 transaction, the chief operating officer directly owned 874,130 shares in the company, valued at approximately $205,044,674.10. This trade represents a 3.32% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 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 value of $9,312,228.70. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 315,725 shares of company stock worth $67,969,184 in the last quarter. 5.83% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On DoorDash

Several hedge funds have recently made changes to their positions in the business. Physician Wealth Advisors Inc. boosted its holdings in 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 buying an additional 71 shares in the last quarter. Eastern Bank lifted its position in shares of DoorDash by 714.3% during the 4th quarter. Eastern Bank now owns 114 shares of the company’s stock valued at $26,000 after acquiring an additional 100 shares during the last quarter. Sunbelt Securities Inc. boosted its stake in shares of DoorDash by 124.1% during the 3rd quarter. Sunbelt Securities Inc. now owns 121 shares of the company’s stock worth $33,000 after acquiring an additional 67 shares in the last quarter. Swiss RE Ltd. acquired a new position in shares of DoorDash in the 4th quarter worth $28,000. Finally, ST Germain D J Co. Inc. purchased a new position in DoorDash in the 4th quarter worth about $29,000. Institutional investors and hedge funds own 90.64% of the company’s stock.

Key Headlines Impacting DoorDash

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

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.