DoorDash (NASDAQ:DASH) Hits New 52-Week Low After Insider Selling

DoorDash, Inc. (NASDAQ:DASH) shares reached a new 52-week low on Thursday following insider selling activity. The company traded as low as $150.87 and last traded at $152.92, with a volume of 2911892 shares changing hands. The stock had previously closed at $154.73.

Specifically, COO Prabir Adarkar sold 10,000 shares of the business’s stock in a transaction on Monday, March 23rd. The shares were sold at an average price of $158.97, for a total transaction of $1,589,700.00. Following the completion of the transaction, the chief operating officer owned 843,678 shares of the company’s stock, valued at $134,119,491.66. The trade was a 1.17% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on DASH shares. Guggenheim lowered their price target on DoorDash from $275.00 to $255.00 and set a “buy” rating on the stock in a research report on Thursday, February 19th. Mizuho cut their price objective on DoorDash from $320.00 to $255.00 and set an “outperform” rating for the company in a research report on Tuesday, March 3rd. Morgan Stanley restated an “overweight” rating and set a $275.00 target price on shares of DoorDash in a research note on Thursday, February 19th. Jefferies Financial Group raised their target price on DoorDash from $260.00 to $270.00 and gave the company a “buy” rating in a report on Thursday, December 11th. Finally, Cantor Fitzgerald dropped their price target on DoorDash from $285.00 to $230.00 and set an “overweight” rating on the stock in a research report on Thursday, February 19th. One research analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and nine have issued a Hold rating to the stock. According to MarketBeat.com, DoorDash currently has a consensus rating of “Moderate Buy” and a consensus price target of $262.82.

Key DoorDash News

Here are the key news stories impacting DoorDash this week:

• Positive Sentiment: DoorDash rolled out an emergency gas-relief program to help Dashers cope with surging pump prices; this supports driver retention and availability during a fuel squeeze, which can help orders and on-road capacity. Article Title
• Positive Sentiment: DoorDash’s push into e-commerce and broader fulfillment is lifting GOV and order growth, a factor analysts cite as upside potential for revenue diversification beyond restaurant delivery. (Analyst note) Article Title
• Positive Sentiment: Local data show more Dashers are delivering by bike in cities like Philadelphia, which can reduce fuel sensitivity, lower delivery costs in dense urban markets and improve margins on certain routes. Article Title
• Neutral Sentiment: Human-interest coverage (nearly $1M raised for a 78‑year‑old Dasher) boosts goodwill and PR but has limited direct financial impact. Article Title
• Neutral Sentiment: Third-party guides and comparisons (ShiftTracker’s DoorDash vs. Uber Eats guide) increase consumer/driver transparency but are unlikely to meaningfully change fundamentals. Article Title
• Negative Sentiment: Two separate shooting incidents/trials involving DoorDash drivers (Chester and Hudson Valley cases) pose reputational and safety concerns; recurring public safety headlines can weigh on consumer perception and highlight driver risk exposure. Article Title Article Title
• Negative Sentiment: COO Prabir Adarkar sold 10,000 shares (~$1.59M) this week; while the remaining ownership is large, the disclosed sale can be perceived negatively by investors focused on insider activity. Article Title
• Neutral Sentiment: Several short-interest reports in the feed appear to show data errors (zero shares reported); they’re unlikely to reflect real market pressure. Investors should watch official FINRA/NYSE short-interest disclosures instead.

DoorDash Price Performance

The company has a market cap of $66.43 billion, a price-to-earnings ratio of 72.13 and a beta of 1.82. The company has a fifty day moving average price of $180.98 and a two-hundred day moving average price of $217.92. The company has a current ratio of 1.41, a quick ratio of 1.41 and a debt-to-equity ratio of 0.27.

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

Institutional Investors Weigh In On DoorDash

Several institutional investors and hedge funds have recently bought and sold shares of the business. Vanguard Group Inc. boosted its position in shares of DoorDash by 1.7% during the 4th quarter. Vanguard Group Inc. now owns 43,426,479 shares of the company’s stock valued at $9,835,229,000 after acquiring an additional 713,571 shares in the last quarter. SC US Ttgp LTD. increased its stake in DoorDash by 1.6% in the fourth quarter. SC US Ttgp LTD. now owns 31,686,624 shares of the company’s stock valued at $7,176,387,000 after acquiring an additional 506,358 shares during the period. Morgan Stanley raised its position in DoorDash by 2.3% in the fourth quarter. Morgan Stanley now owns 17,536,824 shares of the company’s stock worth $3,971,741,000 after purchasing an additional 391,596 shares in the last quarter. State Street Corp lifted its stake in DoorDash by 3.0% during the fourth quarter. State Street Corp now owns 15,761,072 shares of the company’s stock worth $3,569,568,000 after purchasing an additional 464,448 shares during the period. Finally, Price T Rowe Associates Inc. MD lifted its stake in DoorDash by 32.8% during 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 purchasing an additional 3,447,754 shares during the period. Institutional investors own 90.64% of the company’s stock.

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.