DoorDash (NASDAQ:DASH) Given Overweight Rating at Cantor Fitzgerald

Cantor Fitzgerald restated their overweight rating on shares of DoorDash (NASDAQ:DASH) in a report released on Friday morning, MarketBeat reports. The firm currently has a $240.00 price objective on the stock.

DASH has been the subject of a number of other research reports. Rosenblatt Securities began coverage on DoorDash in a report on Tuesday, September 1st. They issued a “buy” rating and a $270.00 price target for the company. Truist Financial raised their price objective on shares of DoorDash from $330.00 to $336.00 and gave the stock a “buy” rating in a report on Thursday, August 6th. Benchmark lifted their price target on DoorDash from $270.00 to $295.00 in a research note on Thursday, August 6th. Raymond James Financial reissued a “buy” rating on shares of DoorDash in a report on Thursday, September 3rd. Finally, JPMorgan Chase & Co. upped their price target on DoorDash from $250.00 to $262.00 in a research report on Wednesday, August 5th. Two analysts have rated the stock with a Strong Buy rating, thirty-one have given a Buy rating and ten have given a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $249.88.

DoorDash Stock Performance

Shares of DASH stock opened at $178.99 on Friday. The company has a current ratio of 1.37, a quick ratio of 1.37 and a debt-to-equity ratio of 0.27. The company has a market cap of $77.56 billion, a PE ratio of 73.96 and a beta of 1.90. The company’s fifty day simple moving average is $197.84 and its 200-day simple moving average is $183.11. DoorDash has a 52 week low of $143.30 and a 52 week high of $260.74.

DoorDash (NASDAQ:DASH) last announced its quarterly earnings results on Thursday, October 29th. The company reported $1.06 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.81 by $0.25. The firm had revenue of $4.62 billion during the quarter, compared to the consensus estimate of $4.56 billion. DoorDash had a return on equity of 10.58% and a net margin of 6.23%. The firm’s quarterly revenue was up 34.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.55 EPS. As a group, equities research analysts anticipate that DoorDash will post 2.51 EPS for the current year.

Insider Buying and Selling

In related news, COO Keith Yandell sold 2,183 shares of the firm’s stock in a transaction dated Thursday, October 1st. The stock was sold at an average price of $183.69, for a total transaction of $400,995.27. Following the completion of the transaction, the chief operating officer owned 118,505 shares of the company’s stock, valued at $21,768,183.45. This trade represents a 1.81% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Prabir Adarkar sold 8,738 shares of DoorDash stock in a transaction dated Monday, September 28th. The stock was sold at an average price of $180.85, for a total value of $1,580,267.30. Following the transaction, the chief operating officer directly owned 921,473 shares in the company, valued at approximately $166,648,392.05. The trade was a 0.94% 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 ninety days, insiders have sold 393,998 shares of company stock worth $85,861,330. 44.90% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Activest Wealth Management lifted its stake in DoorDash by 892.9% during the third quarter. Activest Wealth Management now owns 139 shares of the company’s stock valued at $26,000 after buying an additional 125 shares in the last quarter. Washington Trust Advisors Inc. lifted its position in shares of DoorDash by 81.0% in the 2nd quarter. Washington Trust Advisors Inc. now owns 143 shares of the company’s stock valued at $26,000 after acquiring an additional 64 shares in the last quarter. City State Bank grew its position in DoorDash by 56.0% during the 3rd quarter. City State Bank now owns 156 shares of the company’s stock worth $29,000 after purchasing an additional 56 shares in the last quarter. Signature Equity Partners LLC raised its stake in DoorDash by 213.5% during the 3rd quarter. Signature Equity Partners LLC now owns 163 shares of the company’s stock valued at $30,000 after purchasing an additional 111 shares during the period. Finally, Clark Wealth Partners boosted its position in shares of DoorDash by 833.3% in the third quarter. Clark Wealth Partners now owns 196 shares of the company’s stock worth $36,000 after buying an additional 175 shares during the period. Institutional investors own 90.64% of the company’s stock.

Key Headlines Impacting DoorDash

Here are the key news stories impacting DoorDash this week:

• Positive Sentiment: Strong third-quarter results: DoorDash reported adjusted earnings of $1.06 per share, exceeding the $0.81 consensus estimate, while revenue rose 34% year over year to $4.62 billion, also topping expectations. Management said the quarter set records for marketplace gross order volume, revenue and net income. DoorDash third-quarter results
• Positive Sentiment: Analysts still see upside: Wedbush upgraded DASH to “outperform” with a $230 price target, while Cantor Fitzgerald reaffirmed its “overweight” rating with a $240 target. Truist also kept a “buy” rating and raised its target to $340. Wedbush DoorDash rating
• Neutral Sentiment: AI demand remains limited: DoorDash said third-party AI agents generated only several hundred orders out of roughly 993 million quarterly orders. The disclosure reduces immediate fears that AI agents could disrupt its customer relationship, but also indicates that AI-driven ordering has not yet become a meaningful growth catalyst. DoorDash AI agent orders
• Negative Sentiment: Instacart deal creates major uncertainty: DoorDash agreed to acquire Instacart for approximately $17 billion, but the transaction may not close until late 2027 or early 2028. Instacart’s shares remain well below the $65 offer price, signaling investor concern over antitrust approval. Regulators and local officials have warned that the merger could reduce competition, increase prices or weaken gig-worker bargaining power. DoorDash Instacart regulatory risks
• Negative Sentiment: Mixed analyst revisions: Scotiabank lowered its target to $235 while retaining “sector outperform,” and Wells Fargo cut its target to $200 with an “equal weight” rating. Barclays also reduced its target to $205 and maintained “equal weight,” reflecting greater caution around valuation and the acquisition.

About DoorDash

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.