Mitsubishi UFJ Asset Management Co. Ltd. Purchases 55,504 Shares of DoorDash, Inc. $DASH

Mitsubishi UFJ Asset Management Co. Ltd. lifted its position in shares of DoorDash, Inc. (NASDAQ:DASH) by 6.9% during the fourth quarter, Holdings Channel.com reports. The firm owned 861,695 shares of the company’s stock after purchasing an additional 55,504 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd.’s holdings in DoorDash were worth $189,392,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of DASH. Sumitomo Mitsui DS Asset Management Company Ltd grew its holdings in shares of DoorDash by 9.2% during the fourth quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 53,550 shares of the company’s stock valued at $12,128,000 after buying an additional 4,531 shares during the last quarter. Nicholas Hoffman & Company LLC. bought a new stake in shares of DoorDash during the fourth quarter worth about $245,000. Principal Financial Group Inc. raised its holdings in shares of DoorDash by 3.2% in the 4th quarter. Principal Financial Group Inc. now owns 422,469 shares of the company’s stock worth $95,681,000 after acquiring an additional 13,060 shares during the last quarter. Headinvest LLC acquired a new stake in shares of DoorDash in the 4th quarter worth about $236,000. Finally, Varma Mutual Pension Insurance Co lifted its position in DoorDash by 12.9% in the 4th quarter. Varma Mutual Pension Insurance Co now owns 67,400 shares of the company’s stock valued at $15,265,000 after acquiring an additional 7,700 shares in the last quarter. 90.64% of the stock is currently owned by institutional investors.

Key DoorDash News

Here are the key news stories impacting DoorDash this week:

• Positive Sentiment: Q1 earnings beat — DoorDash reported $0.42 EPS, topping consensus and beating estimates, showing profitability momentum despite tough comps. DoorDash, Inc. (DASH) Surpasses Q1 Earnings Estimates
• Positive Sentiment: Bullish Q2 marketplace outlook — DoorDash forecast Q2 gross order value above analysts’ estimates, driven by resilient demand and expansion in grocery, retail and international markets, supporting near-term revenue growth expectations. DoorDash forecasts quarterly order value above estimates
• Neutral Sentiment: User and membership traction — Company press release notes record membership signups and a new high for monthly active users, signaling engagement but not immediately translating into margin improvement. DoorDash Releases First Quarter 2026 Financial Results
• Neutral Sentiment: Product/market expansion — SNAP payments for Kroger orders expand grocery reach (incremental revenue potential but modest near-term impact). How to use SNAP benefits on DoorDash to buy groceries at Kroger
• Negative Sentiment: Rising driver-related costs — DoorDash expects to book roughly $100M in gas-related driver benefits in H1 2026 (plus a disclosed ~$50M driver relief cost), pressuring margins; CFO says some expenses will be offset by delaying other investments. DoorDash is budgeting $100 million for driver gas benefits so far this year — and counting
• Negative Sentiment: Revenue miss and margin pressure — Q1 revenue came in below estimates and profit margin slipped due to higher cost of revenue and increased S&M and R&D spend, a near-term headwind for margins. DoorDash Profit Ticks Down Despite Higher Revenue
• Negative Sentiment: Acquisition and valuation concerns — Analysts highlight slowing core growth and risks from the Deliveroo acquisition and competition/regulatory exposure, which could keep the stock’s valuation under pressure. DoorDash: Clear Opportunity Ahead Of Q1 Results

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on DASH. Guggenheim cut their price target on DoorDash from $275.00 to $255.00 and set a “buy” rating for the company in a research note on Thursday, February 19th. Citizens Jmp dropped their target price on DoorDash from $285.00 to $250.00 and set a “market outperform” rating on the stock in a report on Friday, February 20th. Moffett Nathanson set a $276.00 target price on DoorDash in a research report on Wednesday, April 15th. Piper Sandler reiterated a “neutral” rating and set a $220.00 price target (down from $230.00) on shares of DoorDash in a report on Thursday, February 19th. Finally, Wells Fargo & Company lowered their price target on DoorDash from $221.00 to $198.00 and set an “equal weight” rating for the company in a research report on Monday, March 30th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $259.31.

Insider Transactions at DoorDash

In related news, COO Prabir Adarkar sold 10,000 shares of DoorDash stock in a transaction dated Monday, April 20th. The stock was sold at an average price of $188.34, for a total value of $1,883,400.00. Following the completion of the sale, the chief operating officer owned 843,678 shares of the company’s stock, valued at approximately $158,898,314.52. This trade represents a 1.17% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Stanley Tang sold 21,433 shares of the business’s stock in a transaction dated Thursday, April 2nd. The shares were sold at an average price of $150.00, for a total value of $3,214,950.00. Following the completion of the sale, the director owned 19,279 shares in the company, valued at $2,891,850. This represents a 52.65% 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. In the last 90 days, insiders sold 43,933 shares of company stock worth $7,135,413. 5.83% of the stock is owned by company insiders.

DoorDash Price Performance

DoorDash stock opened at $167.97 on Thursday. The business’s 50 day simple moving average is $166.87 and its 200 day simple moving average is $197.65. DoorDash, Inc. has a 12 month low of $143.30 and a 12 month high of $285.50. The company has a market cap of $72.97 billion, a price-to-earnings ratio of 79.23 and a beta of 1.87. 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 released its earnings results on Wednesday, May 6th. The company reported $0.42 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.36 by $0.06. The business had revenue of $4.04 billion during 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 business’s revenue for the quarter was up 33.1% on a year-over-year basis. During the same period last year, the business posted $0.44 earnings per share. Sell-side analysts forecast that DoorDash, Inc. will post 2.44 EPS for the current year.

About DoorDash

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.