DoorDash, Inc. $DASH Holdings Boosted by Howard Capital Management LLC

Key Points

• Institutional ownership increased: Howard Capital Management raised its DoorDash stake by 90.3% to 19,128 shares, while institutional investors and hedge funds collectively own 90.64% of the stock.
• Analysts remain broadly positive: DoorDash has a “Moderate Buy” consensus rating and an average price target of $254.95, despite Barclays downgrading the stock to “strong sell.”
• Valuation remains demanding: Shares recently traded at $189.15, with a market capitalization of roughly $82 billion and a price-to-earnings ratio near 100. Quarterly revenue rose 35.6% year over year to $4.45 billion, though earnings per share slightly missed estimates.

Howard Capital Management LLC raised its stake in DoorDash, Inc. (NASDAQ:DASH - Free Report) by 90.3% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 19,128 shares of the company's stock after purchasing an additional 9,074 shares during the period. Howard Capital Management LLC's holdings in DoorDash were worth $3,511,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Janus Henderson Group PLC raised its position in shares of DoorDash by 40.2% during the first quarter. Janus Henderson Group PLC now owns 7,762,553 shares of the company's stock valued at $1,159,377,000 after buying an additional 2,225,954 shares during the last quarter. Assenagon Asset Management S.A. lifted its stake in shares of DoorDash by 372.0% in the third quarter. Assenagon Asset Management S.A. now owns 3,137,719 shares of the company's stock valued at $575,928,000 after buying an additional 2,472,980 shares during the period. Temasek Holdings Private Ltd grew its position in DoorDash by 49.4% during the first quarter. Temasek Holdings Private Ltd now owns 3,461,501 shares of the company's stock worth $519,744,000 after buying an additional 1,145,078 shares in the last quarter. Bank of America Corp DE grew its position in DoorDash by 18.4% during the first quarter. Bank of America Corp DE now owns 3,449,266 shares of the company's stock worth $517,907,000 after buying an additional 536,080 shares in the last quarter. Finally, Amundi grew its position in DoorDash by 31.1% during the first quarter. Amundi now owns 2,315,722 shares of the company's stock worth $347,706,000 after buying an additional 549,387 shares in the last quarter. 90.64% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

DASH has been the subject of several recent research reports. Barclays cut DoorDash from an "equal weight" rating to a "strong sell" rating in a report on Monday, August 24th. UBS Group reissued a "buy" rating and set a $295.00 price objective on shares of DoorDash in a report on Tuesday, September 8th. Cantor Fitzgerald lowered their price objective on DoorDash from $260.00 to $240.00 and set an "overweight" rating on the stock in a research report on Monday, October 12th. Wells Fargo & Company boosted their price objective on DoorDash from $225.00 to $230.00 and gave the company a "cautious" rating in a research report on Monday, October 5th. Finally, Guggenheim restated a "buy" rating and issued a $255.00 target price on shares of DoorDash in a research note on Wednesday. Two analysts have rated the stock with a Strong Buy rating, thirty-one have issued a Buy rating, eight have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, DoorDash presently has a consensus rating of "Moderate Buy" and a consensus price target of $254.95.

DoorDash Price Performance

DASH traded down $3.90 during midday trading on Friday, reaching $189.15. 3,020,510 shares of the company's stock were exchanged, compared to its average volume of 4,093,138. The firm has a market capitalization of $81.96 billion, a price-to-earnings ratio of 99.03 and a beta of 1.90. The company has a quick ratio of 1.37, a current ratio of 1.37 and a debt-to-equity ratio of 0.27. DoorDash, Inc. has a one year low of $143.30 and a one year high of $269.00. The business has a 50-day simple moving average of $204.83 and a two-hundred day simple moving average of $183.93.

DoorDash (NASDAQ:DASH - Get Free Report) last released its quarterly earnings data on Wednesday, August 5th. The company reported $0.46 earnings per share for the quarter, missing the consensus estimate of $0.47 by ($0.01). DoorDash had a net margin of 5.29% and a return on equity of 8.48%. The company had revenue of $4.45 billion during the quarter, compared to the consensus estimate of $4.34 billion. During the same quarter in the prior year, the company posted $0.65 earnings per share. The company's revenue for the quarter was up 35.6% on a year-over-year basis. As a group, research analysts predict that DoorDash, Inc. will post 2.51 EPS for the current year.

Key DoorDash News

Here are the key news stories impacting DoorDash this week:

• Positive Sentiment: DoorDash is broadening its marketplace in Australia through a partnership with Woolworths Group’s BIG W, adding more than 35,000 everyday products with delivery potentially within 60 minutes. The expansion could increase order frequency beyond restaurants. BIG W Lands on DoorDash App
• Positive Sentiment: The company is promoting its consumer reach through a new apparel-delivery relationship with SKIMS and by publishing its 2026 list of leading pizzerias. These initiatives support DoorDash’s strategy of becoming a broader local-commerce platform, although their near-term financial impact is unclear. DoorDash Delivers SKIMS
• Neutral Sentiment: DoorDash continues to receive broad analyst support, with the referenced coverage citing a “Moderate Buy” consensus and an average price target of $254.95. However, the stock’s valuation remains demanding, with a reported P/E ratio near 100.
• Negative Sentiment: CFO Ravi Inukonda sold 1,017 shares for approximately $198,315 under a pre-arranged Rule 10b5-1 plan. The transaction reduced his holdings by only 0.46%, limiting its significance, but it follows larger sales earlier in the year and may add modest pressure to sentiment. DoorDash CFO Stock Sale
• Negative Sentiment: Recent reports describe lawsuits alleging sexual assault by DoorDash delivery drivers, a driver robbery, and an alleged shooting involving a delivery driver. These incidents are not evidence of company-wide operating failures, but they raise reputational, safety, insurance and potential litigation concerns. Jupiter Woman Sues DoorDash
• Negative Sentiment: Customer complaints involving a chatbot allegedly offering and then denying a refund, along with viral reports of stolen or mishandled orders, could hurt perceptions of customer service and platform reliability. These stories are unlikely to materially change fundamentals alone but contribute to negative news flow. DoorDash Customer Refund Complaint

Insider Buying and Selling at DoorDash

In related news, CFO Ravi Inukonda sold 19,505 shares of the business's stock in a transaction on Thursday, August 20th. The stock was sold at an average price of $220.62, for a total value of $4,303,193.10. Following the sale, the chief financial officer owned 232,938 shares of the company's stock, valued at $51,390,781.56. The trade was a 7.73% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, COO Prabir Adarkar sold 55,289 shares of the company's stock in a transaction on Tuesday, August 25th. The shares were sold at an average price of $231.76, for a total value of $12,813,778.64. Following the completion of the sale, the chief operating officer owned 930,211 shares in the company, valued at $215,585,701.36. This trade represents a 5.61% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 393,998 shares of company stock worth $85,861,330 over the last three months. 44.90% of the stock is currently owned by insiders.

DoorDash Profile

DoorDash, Inc is a technology company that operates a local commerce platform connecting consumers with restaurants, grocery stores, convenience retailers and other merchants. Through its DoorDash app and website, customers can discover businesses, place orders for delivery or pickup, and access related services. The company also provides merchants with tools for online ordering, logistics, customer engagement, advertising and business analytics.

DoorDash generates additional activity through subscription programs such as DashPass, which provides participating customers with delivery-related benefits, and through its logistics and commerce solutions for merchants.

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