DoorDash (NASDAQ:DASH) Stock Sees Unusually High Call Option Buying

14 Oct 2026, 13:22 by Jessica Moore · The Cerbat Gem

DoorDash, Inc. (NASDAQ:DASH – Get Free Report) saw unusually large options trading activity on Wednesday. Stock traders acquired 35,208 call options on the stock. This is an increase of approximately 256% compared to the average volume of 9,896 call options.

Analysts Set New Price Targets

DASH has been the subject of a number of recent research reports. Barclays cut shares of DoorDash from an “equal weight” rating to a “strong sell” rating in a research report on Monday, August 24th. Benchmark increased their target price on shares of DoorDash from $270.00 to $295.00 in a research note on Thursday, August 6th. Cantor Fitzgerald lowered their target price on shares of DoorDash from $260.00 to $240.00 and set an “overweight” rating for the company in a research note on Monday. Guggenheim reiterated a “buy” rating and set a $255.00 price target on shares of DoorDash in a research report on Wednesday. Finally, Sanford C. Bernstein reissued an “outperform” rating on shares of DoorDash in a research note on Thursday, September 3rd. Two investment analysts have rated the stock with a Strong Buy rating, thirty-one have given a Buy rating, eight have given a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $254.95.

Read Our Latest Analysis on DASH

DoorDash Stock Down 6.6%

Shares of DASH stock traded down $12.79 during trading hours on Wednesday, reaching $180.30. 1,739,974 shares of the stock were exchanged, compared to its average volume of 4,601,859. The firm has a market capitalization of $78.12 billion, a P/E ratio of 94.42 and a beta of 1.90. The business’s fifty day moving average is $206.24 and its two-hundred day moving average is $183.34. DoorDash has a 12-month low of $143.30 and a 12-month high of $285.50. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.37 and a quick ratio of 1.37.

DoorDash (NASDAQ:DASH – Get Free Report) last posted its earnings results on Wednesday, August 5th. The company reported $0.46 EPS for the quarter, missing the consensus estimate of $0.47 by ($0.01). The business had revenue of $4.45 billion during the quarter, compared to analysts’ expectations of $4.34 billion. DoorDash had a net margin of 5.29% and a return on equity of 8.48%. During the same period last year, the company earned $0.65 EPS. The business’s quarterly revenue was up 35.6% compared to the same quarter last year. As a group, research analysts expect that DoorDash will post 2.51 EPS for the current fiscal year.

Insider Activity

In other news, CFO Ravi Inukonda sold 16,044 shares of the firm’s stock in a transaction dated Tuesday, September 1st. The stock was sold at an average price of $228.55, for a total value of $3,666,856.20. Following the completion of the transaction, the chief financial officer directly owned 217,911 shares in the company, valued at $49,803,559.05. This trade represents a 6.86% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Andy Fang sold 5,000 shares of the company’s stock in a transaction on Thursday, October 1st. The shares were sold at an average price of $183.69, for a total transaction of $918,450.00. 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 ninety days, insiders sold 392,981 shares of company stock valued at $85,663,015. 44.90% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On DoorDash

A number of large investors have recently made changes to their positions in DASH. First Citizens Bank & Trust Co. acquired a new stake in shares of DoorDash during the 3rd quarter worth about $5,925,000. Krilogy Financial LLC lifted its position in DoorDash by 407.0% in the 3rd quarter. Krilogy Financial LLC now owns 7,945 shares of the company’s stock valued at $1,458,000 after purchasing an additional 6,378 shares during the last quarter. NorthCrest Asset Manangement LLC acquired a new position in DoorDash during the 3rd quarter valued at about $1,354,000. Eastern Bank acquired a new stake in DoorDash in the 3rd quarter valued at about $69,000. Finally, QRG Capital Management Inc. raised its position in DoorDash by 191.2% during the second quarter. QRG Capital Management Inc. now owns 251,374 shares of the company’s stock valued at $46,386,000 after buying an additional 165,039 shares during the period. Hedge funds and other institutional investors own 90.64% of the company’s stock.

About DoorDash

(Get Free Report)

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.