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

by · The Cerbat Gem

DoorDash (NASDAQ:DASHGet Free Report) had its target price increased by equities researchers at UBS Group from $206.00 to $214.00 in a note issued to investors on Thursday,Benzinga reports. The brokerage presently has a “neutral” rating on the stock. UBS Group’s price target points to a potential upside of 24.89% from the stock’s previous close.

Other equities analysts have also recently issued reports about the stock. Zacks Research cut shares of DoorDash from a “hold” rating to a “strong sell” rating in a research report on Monday, April 13th. Benchmark increased their target price on shares of DoorDash from $280.00 to $285.00 and gave the company a “buy” rating in a research report on Thursday, February 19th. Citigroup reduced their target price on shares of DoorDash from $283.00 to $280.00 and set a “buy” rating for the company in a research report on Friday, February 20th. Moffett Nathanson set a $276.00 target price on shares of DoorDash in a research report on Wednesday, April 15th. Finally, Roth Mkm reiterated a “neutral” rating and issued a $200.00 target price on shares of DoorDash in a research report on Thursday, February 19th. Two research analysts have rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $258.57.

View Our Latest Research Report on DoorDash

DoorDash Price Performance

NASDAQ:DASH traded up $3.38 during trading hours on Thursday, reaching $171.35. 11,999,856 shares of the company were exchanged, compared to its average volume of 4,898,475. The company has a current ratio of 1.41, a quick ratio of 1.41 and a debt-to-equity ratio of 0.27. The stock’s 50-day moving average is $166.87 and its 200-day moving average is $197.65. The firm has a market cap of $74.44 billion, a PE ratio of 80.83 and a beta of 1.87. DoorDash has a twelve month low of $143.30 and a twelve month high of $285.50.

DoorDash (NASDAQ:DASHGet Free Report) last posted its quarterly earnings data on Wednesday, May 6th. The company reported $0.42 earnings per share for the quarter, topping analysts’ consensus estimates of $0.36 by $0.06. The company had revenue of $4.04 billion during the quarter, compared to analysts’ expectations of $4.15 billion. DoorDash had a net margin of 6.82% and a return on equity of 10.15%. The firm’s revenue for the quarter was up 33.1% on a year-over-year basis. During the same period in the prior year, the business posted $0.44 earnings per share. On average, sell-side analysts anticipate that DoorDash will post 2.44 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, Director Shona L. Brown sold 1,250 shares of the firm’s stock in a transaction dated Monday, March 9th. The shares were sold at an average price of $176.61, for a total transaction of $220,762.50. Following the completion of the sale, the director directly owned 31,002 shares in the company, valued at approximately $5,475,263.22. This trade represents a 3.88% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, COO Prabir Adarkar sold 10,000 shares of the firm’s stock in a transaction dated 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 owned 843,678 shares of the company’s stock, valued at approximately $158,898,314.52. The trade was a 1.17% 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. Over the last ninety days, insiders sold 43,933 shares of company stock worth $7,135,413. Insiders own 5.83% of the company’s stock.

Institutional Investors Weigh In On DoorDash

Several hedge funds and other institutional investors have recently bought and sold shares of the company. American Century Companies Inc. boosted its stake in DoorDash by 5.0% during the third quarter. American Century Companies Inc. now owns 485,088 shares of the company’s stock worth $131,941,000 after buying an additional 22,944 shares during the period. Caprock Group LLC purchased a new position in DoorDash during the third quarter worth about $3,169,000. Vaughan Nelson Investment Management L.P. purchased a new position in DoorDash during the fourth quarter worth about $41,712,000. Mitsubishi UFJ Asset Management Co. Ltd. boosted its stake in DoorDash by 7.1% during the third quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 806,191 shares of the company’s stock worth $219,276,000 after buying an additional 53,722 shares during the period. Finally, Jefferies Financial Group Inc. boosted its stake in shares of DoorDash by 136.6% in the third quarter. Jefferies Financial Group Inc. now owns 42,355 shares of the company’s stock valued at $11,520,000 after purchasing an additional 24,454 shares during the period. 90.64% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting DoorDash

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

(Get Free Report)

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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