DoorDash, Inc. (NASDAQ:DASH) Receives Consensus Recommendation of "Moderate Buy" from Analysts

Key Points

• Analysts give DoorDash a consensus rating of Moderate Buy from 36 firms (25 buys, 2 strong buys, 8 holds, 1 sell) with an average 12‑month price target of $258.57.
• Q1 results delivered adjusted EPS of $0.42 (beat $0.36) and revenue rose 33.1% YoY to $4.04B but narrowly missed estimates; management guided Q2 orders above Street forecasts while near‑term margins face pressure from a $50–100M driver gas relief program and insiders sold roughly 43,933 shares (~$7.1M) in the last three months.

DoorDash, Inc. (NASDAQ:DASH - Get Free Report) has received a consensus rating of "Moderate Buy" from the thirty-six research firms that are presently covering the firm, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating, twenty-five have issued a buy rating and two have issued a strong buy rating on the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is $258.5714.

Several research firms recently issued reports on DASH. Truist Financial dropped their target price on shares of DoorDash from $340.00 to $330.00 and set a "buy" rating on the stock in a report on Thursday. Wells Fargo & Company lifted their price objective on DoorDash from $198.00 to $200.00 and gave the stock an "equal weight" rating in a research report on Thursday. Stifel Nicolaus dropped their price objective on DoorDash from $215.00 to $185.00 and set a "hold" rating on the stock in a research note on Monday, April 13th. Sanford C. Bernstein cut their target price on DoorDash from $285.00 to $270.00 and set an "outperform" rating on the stock in a research report on Thursday, February 19th. Finally, Morgan Stanley reaffirmed an "overweight" rating and set a $275.00 target price on shares of DoorDash in a research note on Thursday, February 19th.

Insiders Place Their Bets

In other DoorDash news, Director Shona L. Brown sold 1,250 shares of the firm's stock in a transaction on Monday, March 9th. The shares were sold at an average price of $176.61, for a total value of $220,762.50. Following the completion of the sale, the director directly owned 31,002 shares in the company, valued at approximately $5,475,263.22. This trade represents a 3.88% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Stanley Tang sold 21,433 shares of DoorDash stock in a transaction on Thursday, April 2nd. The shares were sold at an average price of $150.00, for a total transaction of $3,214,950.00. Following the completion of the sale, the director directly owned 19,279 shares of the company's stock, valued at approximately $2,891,850. This trade represents a 52.65% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 43,933 shares of company stock worth $7,135,413. Corporate insiders own 5.83% of the company's stock.

Institutional Trading of DoorDash

Large investors have recently made changes to their positions in the company. Physician Wealth Advisors Inc. lifted its stake in shares of DoorDash by 284.0% in the third quarter. Physician Wealth Advisors Inc. now owns 96 shares of the company's stock valued at $26,000 after buying an additional 71 shares in the last quarter. Eastern Bank raised its stake in shares of DoorDash by 714.3% in the fourth quarter. Eastern Bank now owns 114 shares of the company's stock worth $26,000 after purchasing an additional 100 shares during the last quarter. MV Capital Management Inc. purchased a new stake in shares of DoorDash in the fourth quarter worth approximately $26,000. Swiss RE Ltd. bought a new position in shares of DoorDash in the fourth quarter valued at approximately $28,000. Finally, ST Germain D J Co. Inc. bought a new position in shares of DoorDash in the fourth quarter valued at approximately $29,000. 90.64% of the stock is currently owned by institutional investors and hedge funds.

DoorDash Price Performance

DASH stock opened at $171.35 on Friday. The company has a market capitalization of $74.44 billion, a P/E ratio of 81.60 and a beta of 1.87. The company has a fifty day moving average price of $167.01 and a 200-day moving average price of $197.00. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.41 and a current ratio of 1.41. DoorDash has a 52-week low of $143.30 and a 52-week high of $285.50.

DoorDash (NASDAQ:DASH - Get Free Report) last issued its quarterly earnings results on Wednesday, May 6th. The company reported $0.42 earnings per share for the quarter, beating the consensus estimate of $0.36 by $0.06. DoorDash had a return on equity of 9.76% and a net margin of 6.29%.The company had revenue of $4.04 billion during the quarter, compared to analysts' expectations of $4.15 billion. During the same quarter in the prior year, the firm posted $0.44 earnings per share. The business's quarterly revenue was up 33.1% on a year-over-year basis. As a group, equities analysts expect that DoorDash will post 2.42 EPS for the current year.

Key DoorDash News

Here are the key news stories impacting DoorDash this week:

• Positive Sentiment: Q1 earnings beat on EPS and strong order dynamics — DoorDash reported $0.42 adjusted EPS, topping consensus, and highlighted resilient demand and Marketplace growth, which lifted sentiment. Read More.
• Positive Sentiment: Outlook for Q2 orders above estimates — management forecasted quarterly order/GOV metrics above Street estimates, which traders viewed as confirmation of demand momentum across grocery/retail and international expansion. Read More.
• Positive Sentiment: Buy-side support from firms reaffirming/raising targets — Needham ($265 PT) and BTIG ($280 PT) kept buy calls and large upside targets, giving investors conviction the stock can re-rate if growth sustains. Read More.
• Neutral Sentiment: UBS and Wells Fargo raised price targets but kept neutral/equal‑weight ratings — both lifted PTs (UBS to $214, Wells to $200) which increases upside in models but stops short of bullish upgrades. Read More.
• Neutral Sentiment: Mixed read on the quarter — headlines call the report “mixed”: strong engagement and membership growth but revenue missed estimates; the market is parsing whether guidance outweighs near‑term margin pressure. Read More.
• Negative Sentiment: Revenue missed and margins narrowed — Q1 revenue came in below Street expectations and profitability was pressured by higher cost of revenue and increased operating spend. That raises execution and margin recovery concerns. Read More.
• Negative Sentiment: Analyst cuts and caution — a couple of firms trimmed targets after the print, signaling some skepticism about the sustainability of GOV beats and the impact of recent investments/acquisitions. Read More.
• Negative Sentiment: Driver gas relief and other near‑term costs — DoorDash disclosed ~$50–100M in driver gas support and related expenses; management plans to offset by delaying some investments, but the program will weigh on near‑term margins. Read More.

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.

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