UBS Group Boosts DoorDash (NASDAQ:DASH) Price Target to $214.00

Key Points

• UBS raised its price target on DoorDash to $214 (from $206) while keeping a "neutral" rating, implying roughly a 24.9% upside from the prior close.
• DoorDash beat Q1 EPS expectations ($0.42 vs. $0.36) but missed revenue estimates ($4.04B vs. $4.15B); management flagged strong order guidance yet near‑term margin pressure from costs such as driver gas relief (roughly $50M–$100M booked/expected).
• Analyst views are mixed: the consensus is a "Moderate Buy" with an average price target of $258.57 (majority Buy ratings), and the stock traded up to $171.35 on heavy volume after the results.

DoorDash (NASDAQ:DASH - Get Free Report) had its price target increased by equities researchers at UBS Group from $206.00 to $214.00 in a research report issued on Thursday,Benzinga reports. The brokerage currently has a "neutral" rating on the stock. UBS Group's price target would suggest a potential upside of 24.89% from the stock's previous close.

Several other analysts also recently weighed in on the company. BNP Paribas Exane started coverage on DoorDash in a research note on Wednesday, January 14th. They set an "outperform" rating and a $280.00 price target on the stock. Roth Mkm reaffirmed a "neutral" rating and issued a $200.00 price objective on shares of DoorDash in a report on Thursday, February 19th. Guggenheim dropped their price objective on shares of DoorDash from $275.00 to $255.00 and set a "buy" rating on the stock in a report on Thursday, February 19th. Oppenheimer dropped their price objective on shares of DoorDash from $280.00 to $235.00 and set an "outperform" rating on the stock in a report on Thursday, February 19th. Finally, Stifel Nicolaus dropped their price objective on shares of DoorDash from $215.00 to $185.00 and set a "hold" rating on the stock in a report on Monday, April 13th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $258.57.

DoorDash Stock Performance

DoorDash stock traded up $3.38 during trading hours on Thursday, hitting $171.35. 11,999,856 shares of the stock traded hands, compared to its average volume of 4,898,475. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.41 and a quick ratio of 1.41. The firm's 50 day moving average price is $166.87 and its 200-day moving average price is $197.65. The stock has a market capitalization of $74.44 billion, a price-to-earnings ratio of 80.83 and a beta of 1.87. DoorDash has a 1 year low of $143.30 and a 1 year high of $285.50.

DoorDash (NASDAQ:DASH - Get Free Report) last posted 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. The business had revenue of $4.04 billion for the quarter, compared to the consensus estimate of $4.15 billion. DoorDash had a return on equity of 10.15% and a net margin of 6.82%.The company's quarterly revenue was up 33.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.44 EPS. As a group, equities analysts expect that DoorDash will post 2.44 EPS for the current fiscal year.

Insider Buying and Selling

In related news, COO Prabir Adarkar sold 10,000 shares of the stock in a transaction on Monday, April 20th. The shares were sold at an average price of $188.34, for a total transaction of $1,883,400.00. Following the sale, the chief operating officer directly owned 843,678 shares of the company's stock, valued at approximately $158,898,314.52. This represents a 1.17% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Shona L. Brown sold 1,250 shares of the stock in a transaction on Monday, March 9th. The stock was sold at an average price of $176.61, for a total transaction of $220,762.50. Following the sale, the director directly owned 31,002 shares in the company, valued at $5,475,263.22. This trade represents a 3.88% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 43,933 shares of company stock valued at $7,135,413. Corporate insiders own 5.83% of the company's stock.

Institutional Trading of DoorDash

A number of hedge funds have recently added to or reduced their stakes in DASH. 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 boosted its holdings in DoorDash by 714.3% during the fourth quarter. Eastern Bank now owns 114 shares of the company's stock worth $26,000 after buying an additional 100 shares in the last quarter. MV Capital Management Inc. purchased a new stake in DoorDash during the fourth quarter worth $26,000. Swiss RE Ltd. purchased a new stake in DoorDash during the fourth quarter worth $28,000. Finally, ST Germain D J Co. Inc. acquired a new position in DoorDash during the fourth quarter worth $29,000. 90.64% of the stock is owned by hedge funds and other institutional investors.

DoorDash News Roundup

Here are the key news stories impacting DoorDash this week:

• Positive Sentiment: Q1 EPS beat and upbeat order outlook — DoorDash reported adjusted EPS above consensus and guided Q2 marketplace order value/volume above estimates, which triggered the rally as investors focused on demand resilience and growth momentum. Read More.
• Positive Sentiment: Marketplace and grocery growth — management highlighted strong marketplace engagement (grocery and retail expansion driving higher Marketplace sales) and record membership/MAU metrics, supporting longer-term monetization prospects. Read More.
• Positive Sentiment: High-conviction analyst support — Needham and BTIG reaffirmed Buy ratings with lofty targets ($265 and $280), signaling bullish long-term views from some shops and likely helping sentiment. Read More. Read More.
• Neutral Sentiment: Wells Fargo bumps its price target to $200 but keeps an equal-weight rating — modestly positive for valuation but not a full endorsement; reflects mixed views on near-term margin pressure vs. growth. Read More.
• Negative Sentiment: Revenue miss and margin compression — revenue came in slightly below estimates and margins narrowed due to higher cost of revenue and increased sales, marketing and R&D spend, which raises near-term profitability concerns. Read More.
• Negative Sentiment: Driver gas relief and other expense items could pressure earnings — DoorDash flagged meaningful driver support (management cited ~$50M for spring and ~$100M booked for H1 in various disclosures), and some brokers trimmed targets after the quarter, highlighting cost/headwind risks. Read More.
• Negative Sentiment: Some analyst target cuts after Q1 — a couple of firms trimmed targets post-earnings, reflecting caution on growth cadence and integration/expense risks; this adds two-sided analyst pressure to offset bullish calls. 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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