DoorDash (NASDAQ:DASH) Price Target Cut to $206.00 by Analysts at UBS Group

DoorDash (NASDAQ:DASH) had its target price decreased by UBS Group from $240.00 to $206.00 in a report issued on Friday,Benzinga reports. UBS Group currently has a neutral rating on the stock.

Other analysts have also issued research reports about the stock. Truist Financial lifted their price objective on shares of DoorDash from $330.00 to $340.00 and gave the company a “buy” rating in a research note 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 research note on Thursday, February 19th. Weiss Ratings lowered shares of DoorDash from a “hold (c)” rating to a “hold (c-)” rating in a research note on Wednesday. BTIG Research dropped their price objective on shares of DoorDash from $315.00 to $280.00 and set a “buy” rating on the stock in a research note on Friday, April 10th. Finally, Cantor Fitzgerald dropped their price objective on shares of DoorDash from $285.00 to $230.00 and set an “overweight” rating on the stock in a research note on Thursday, February 19th. Two research analysts have rated the stock with a Strong Buy rating, twenty-five have given a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, DoorDash has a consensus rating of “Moderate Buy” and an average price target of $259.31.

DoorDash Stock Up 4.3%

Shares of DASH traded up $7.18 during mid-day trading on Friday, reaching $175.83. 3,191,746 shares of the stock traded hands, compared to its average volume of 3,610,971. The firm has a market cap of $76.39 billion, a price-to-earnings ratio of 82.94 and a beta of 1.88. The stock has a fifty day simple moving average of $167.00 and a 200 day simple moving average of $200.10. DoorDash has a 12-month low of $143.30 and a 12-month high of $285.50. The company has a quick ratio of 1.41, a current ratio of 1.41 and a debt-to-equity ratio of 0.27.

DoorDash (NASDAQ:DASH) last posted its quarterly earnings data on Wednesday, February 18th. The company reported $0.48 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.58 by ($0.10). The firm had revenue of $3.96 billion for the quarter, compared to analysts’ expectations of $3.98 billion. DoorDash had a net margin of 6.82% and a return on equity of 10.15%. The company’s revenue for the quarter was up 37.7% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.33 EPS. Sell-side analysts expect that DoorDash will post 2.51 EPS for the current fiscal year.

Insider Transactions at DoorDash

In other news, Director Stanley Tang sold 21,433 shares of the firm’s stock in a transaction that occurred 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 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. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Prabir Adarkar sold 10,000 shares of the firm’s stock in a transaction that occurred on Monday, April 20th. The stock was 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 $158,898,314.52. The trade was a 1.17% decrease in their position. 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. Over the last quarter, insiders sold 89,406 shares of company stock valued at $16,639,624. 5.83% of the stock is currently owned by corporate insiders.

Institutional Trading of DoorDash

A number of hedge funds have recently made changes to their positions in DASH. Physician Wealth Advisors Inc. boosted its holdings in DoorDash by 284.0% in the third quarter. Physician Wealth Advisors Inc. now owns 96 shares of the company’s stock worth $26,000 after purchasing an additional 71 shares during the period. Eastern Bank boosted its holdings in 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 period. MV Capital Management Inc. acquired a new position in DoorDash in the fourth quarter worth $26,000. Swiss RE Ltd. acquired a new position in DoorDash in the fourth quarter worth $28,000. Finally, ST Germain D J Co. Inc. acquired a new position in DoorDash in the fourth quarter worth $29,000. Institutional investors and hedge funds own 90.64% of the company’s stock.

Trending Headlines about DoorDash

Here are the key news stories impacting DoorDash this week:

• Positive Sentiment: SNAP benefits accepted at Kroger via DoorDash — expands grocery addressable market and could lift order volume from lower‑income households. Article Title
• Positive Sentiment: DoorDash for Business launches Meal Manager — product aimed at simplifying office dining could increase recurring, higher‑margin corporate spend. Article Title
• Positive Sentiment: Rally House launches on DoorDash — expands non-food retail/merchandise available on the platform, diversifying GMV beyond restaurants. Article Title
• Neutral Sentiment: Local / human‑interest coverage (e.g., “DoorDash of foster care”) provides PR but limited direct financial impact. Article Title
• Neutral Sentiment: Market commentary pieces explain today’s move and recap catalysts — useful for sentiment tracking but not new fundamentals. Article Title
• Negative Sentiment: UBS cut its price target from $240 to $206 and moved to a “neutral” rating — lowers analyst endorsement and could cap near‑term upside despite a still-positive implied premium. Article Title
• Negative Sentiment: Reported app outage affected thousands of users — short‑term order disruption and reliability concerns that can pressure near‑term volume and sentiment. Article Title
• Negative Sentiment: Driver safety incident (carjacking/shooting during a delivery) raises operational and PR risk, which can influence regulatory scrutiny and driver retention. Article Title

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.