DoorDash, Inc. $DASH Shares Acquired by Citizens Financial Group Inc. RI

Citizens Financial Group Inc. RI boosted its position in DoorDash, Inc. (NASDAQ:DASH) by 60.2% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 53,152 shares of the company’s stock after acquiring an additional 19,971 shares during the quarter. Citizens Financial Group Inc. RI’s holdings in DoorDash were worth $9,756,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in DASH. Janus Henderson Group PLC increased its stake in DoorDash by 40.2% during the first quarter. Janus Henderson Group PLC now owns 7,762,553 shares of the company’s stock worth $1,159,377,000 after acquiring an additional 2,225,954 shares during the last quarter. Robeco Institutional Asset Management B.V. raised its holdings in shares of DoorDash by 2,304.0% in the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 3,452,110 shares of the company’s stock worth $633,635,000 after purchasing an additional 3,308,512 shares during the period. Assenagon Asset Management S.A. lifted its stake in shares of DoorDash by 372.0% in the 3rd quarter. Assenagon Asset Management S.A. now owns 3,137,719 shares of the company’s stock valued at $575,928,000 after purchasing an additional 2,472,980 shares in the last quarter. Temasek Holdings Private Ltd lifted its stake in shares of DoorDash by 49.4% in the 1st quarter. Temasek Holdings Private Ltd now owns 3,461,501 shares of the company’s stock valued at $519,744,000 after purchasing an additional 1,145,078 shares in the last quarter. Finally, Bank of America Corp DE grew its holdings in shares of DoorDash by 18.4% during the 1st quarter. Bank of America Corp DE now owns 3,449,266 shares of the company’s stock worth $517,907,000 after purchasing an additional 536,080 shares during the period. Hedge funds and other institutional investors own 90.64% of the company’s stock.

DoorDash Trading Down 3.5%

NASDAQ:DASH opened at $179.38 on Friday. The stock has a market cap of $77.73 billion, a price-to-earnings ratio of 93.92 and a beta of 1.90. DoorDash, Inc. has a one year low of $143.30 and a one year high of $269.00. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.37 and a current ratio of 1.37. The business’s 50-day simple moving average is $202.18 and its 200 day simple moving average is $185.14.

DoorDash (NASDAQ:DASH) last issued its quarterly earnings data on Wednesday, August 5th. The company reported $0.46 earnings per share for the quarter, missing analysts’ consensus estimates of $0.47 by ($0.01). DoorDash had a net margin of 5.29% and a return on equity of 8.48%. The business had revenue of $4.45 billion for the quarter, compared to analyst estimates of $4.34 billion. During the same quarter last year, the business earned $0.65 EPS. DoorDash’s revenue for the quarter was up 35.6% compared to the same quarter last year. As a group, sell-side analysts predict that DoorDash, Inc. will post 2.51 earnings per share for the current fiscal year.

DoorDash News Summary

Here are the key news stories impacting DoorDash this week:

• Positive Sentiment: Potential Instacart deal: DoorDash is reportedly among the companies discussing a possible acquisition of Instacart, which is valued at approximately $12 billion. A transaction could strengthen DoorDash’s position in grocery and local commerce, although the report does not indicate that a deal is imminent and any acquisition would carry financing, integration and regulatory risks. Instacart explores potential sale, holds talks with Uber and DoorDash
• Positive Sentiment: Analyst support: BTIG Research assigned DoorDash a Buy rating, providing a positive signal for investor sentiment and reinforcing the view that the company’s local-commerce expansion and growth prospects remain attractive. DoorDash earns Buy rating from BTIG Research
• Neutral Sentiment: Mixed consumer-stock comparison: An investor comparison described Airbnb as having a strong travel-market position while highlighting DoorDash’s rapid revenue growth and expansion beyond restaurant delivery. The article does not provide a new company-specific catalyst. Airbnb vs. DoorDash: Which Consumer Stock Is a Better Buy in 2026?
• Neutral Sentiment: Operational and reputational headlines: Reports described a DoorDash driver being killed in California, another driver and a family member being ambushed, and an unrelated criminal investigation in which cleaning supplies were allegedly ordered through DoorDash. These incidents could increase scrutiny of driver and platform safety, but they currently appear unlikely to materially affect financial results. Arrest made after California DoorDash driver found dead in Tesla trunk
• Negative Sentiment: Increasing competition: A new rival reportedly offers lower menu prices, while Grubhub’s co-founder has returned with a delivery service featuring a $1 fee. Lower pricing and aggressive fee competition could pressure DoorDash’s order volumes, merchant economics and margins. DoorDash and Uber Eats have a new rival offering lower menu prices
• Negative Sentiment: Delivery-worker dissatisfaction: Online debate over $1 and $2 tips highlights ongoing challenges around driver pay and service costs, issues that could affect driver retention, customer satisfaction and platform pricing. DoorDash driver calls low tips pathetic

Insider Activity at DoorDash

In related news, CFO Ravi Inukonda sold 19,505 shares of the company’s stock in a transaction on Thursday, August 20th. The shares were sold at an average price of $220.62, for a total value of $4,303,193.10. Following the sale, the chief financial officer directly owned 232,938 shares of the company’s stock, valued at $51,390,781.56. This represents a 7.73% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Andy Fang sold 15,000 shares of the stock in a transaction on Tuesday, September 1st. The shares were sold at an average price of $228.31, for a total transaction of $3,424,650.00. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 393,998 shares of company stock worth $85,861,330. 44.90% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on the stock. Cantor Fitzgerald dropped their target price on shares of DoorDash from $260.00 to $240.00 and set an “overweight” rating for the company in a research report on Monday, October 12th. Loop Capital boosted their price objective on shares of DoorDash from $225.00 to $280.00 and gave the stock a “buy” rating in a research note on Tuesday, September 22nd. Scotiabank started coverage on shares of DoorDash in a research report on Wednesday, September 9th. They issued a “sector outperform” rating and a $275.00 price objective for the company. Moffett Nathanson cut their target price on shares of DoorDash from $280.00 to $278.00 and set a “buy” rating on the stock in a research note on Thursday, August 6th. Finally, Guggenheim restated a “buy” rating and set a $255.00 target price on shares of DoorDash in a report on Wednesday, October 14th. Two analysts have rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating, eight have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $254.95.

DoorDash Profile

DoorDash, Inc (NASDAQ:DASH) operates a local commerce platform that connects consumers with restaurants, grocery stores, convenience retailers and other merchants. Through its website and mobile applications, customers can browse products, place orders for delivery or pickup, and access related services.

The company provides merchants with ordering, delivery, logistics, marketing and payment tools. Its offerings include the DoorDash Marketplace, subscription programs such as DashPass, and delivery infrastructure that merchants can use through services including DoorDash Drive.