Key Points
- COO Prabir Adarkar sold 10,000 shares on March 23 at an average price of $158.97 (~$1.59M), trimming his stake to 843,678 shares (a 1.17% reduction); he also sold 15,000 shares on Jan. 20 at about $204.59, indicating recent insider selling.
- DoorDash missed quarterly expectations, reporting $0.48 EPS versus $0.58 expected and $3.96B revenue versus $3.98B (revenue +37.7% YoY); the stock trades below its 50- and 200-day moving averages while analysts maintain a "Moderate Buy" consensus with an average price target of $262.82.
DoorDash, Inc. (NASDAQ:DASH - Get Free Report) COO Prabir Adarkar sold 10,000 shares of DoorDash stock in a transaction dated Monday, March 23rd. The shares were sold at an average price of $158.97, for a total value of $1,589,700.00. Following the completion of the sale, the chief operating officer directly owned 843,678 shares in the company, valued at approximately $134,119,491.66. This represents a 1.17% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link.
Prabir Adarkar also recently made the following trade(s):
- On Tuesday, January 20th, Prabir Adarkar sold 15,000 shares of DoorDash stock. The stock was sold at an average price of $204.59, for a total value of $3,068,850.00.
DoorDash Stock Performance
Shares of NASDAQ DASH opened at $152.92 on Thursday. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.41 and a current ratio of 1.41. The stock has a 50 day moving average price of $180.98 and a 200 day moving average price of $217.92. The stock has a market capitalization of $66.43 billion, a PE ratio of 72.13 and a beta of 1.82. DoorDash, Inc. has a 52 week low of $150.87 and a 52 week high of $285.50.
DoorDash (NASDAQ:DASH - Get Free Report) last posted its quarterly earnings results on Wednesday, February 18th. The company reported $0.48 earnings per share for the quarter, missing the consensus estimate of $0.58 by ($0.10). DoorDash had a return on equity of 10.15% and a net margin of 6.82%.The company had revenue of $3.96 billion for the quarter, compared to analyst estimates of $3.98 billion. During the same period last year, the firm earned $0.33 EPS. The firm's revenue for the quarter was up 37.7% compared to the same quarter last year. Analysts predict that DoorDash, Inc. will post 2.22 earnings per share for the current fiscal year.
Hedge Funds Weigh In On DoorDash
Several institutional investors and hedge funds have recently modified their holdings of DASH. Physician Wealth Advisors Inc. lifted its stake in shares of DoorDash by 284.0% during the 3rd quarter. Physician Wealth Advisors Inc. now owns 96 shares of the company's stock worth $26,000 after buying an additional 71 shares during the last quarter. Eastern Bank grew its stake in DoorDash by 714.3% in the 4th quarter. Eastern Bank now owns 114 shares of the company's stock valued at $26,000 after buying an additional 100 shares during the last quarter. MV Capital Management Inc. bought a new position in DoorDash in the 4th quarter valued at about $26,000. Swiss RE Ltd. bought a new position in DoorDash in the 4th quarter valued at about $28,000. Finally, ST Germain D J Co. Inc. acquired a new stake in DoorDash during the fourth quarter worth approximately $29,000. 90.64% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets
DASH has been the topic of several analyst reports. Jefferies Financial Group upped their price target on shares of DoorDash from $260.00 to $270.00 and gave the stock a "buy" rating in a research report on Thursday, December 11th. Piper Sandler restated a "neutral" rating and set a $220.00 price objective (down from $230.00) on shares of DoorDash in a research note on Thursday, February 19th. Citizens Jmp dropped their target price on shares of DoorDash from $285.00 to $250.00 and set a "market outperform" rating on the stock in a report on Friday, February 20th. KeyCorp raised their target price on shares of DoorDash from $275.00 to $280.00 and gave the company an "overweight" rating in a research note on Thursday, February 19th. Finally, Truist Financial lifted their price target on DoorDash from $330.00 to $340.00 and gave the stock a "buy" rating in a report on Thursday, February 19th. One investment analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating and nine have issued a Hold rating to the stock. Based on data from MarketBeat, DoorDash presently has an average rating of "Moderate Buy" and an average price target of $262.82.
Check Out Our Latest Report on DASH
DoorDash News Roundup
Here are the key news stories impacting DoorDash this week:
- Positive Sentiment: DoorDash rolled out an emergency gas-relief program to help Dashers cope with surging pump prices; this supports driver retention and availability during a fuel squeeze, which can help orders and on-road capacity. Article Title
- Positive Sentiment: DoorDash’s push into e-commerce and broader fulfillment is lifting GOV and order growth, a factor analysts cite as upside potential for revenue diversification beyond restaurant delivery. (Analyst note) Article Title
- Positive Sentiment: Local data show more Dashers are delivering by bike in cities like Philadelphia, which can reduce fuel sensitivity, lower delivery costs in dense urban markets and improve margins on certain routes. Article Title
- Neutral Sentiment: Human-interest coverage (nearly $1M raised for a 78‑year‑old Dasher) boosts goodwill and PR but has limited direct financial impact. Article Title
- Neutral Sentiment: Third-party guides and comparisons (ShiftTracker’s DoorDash vs. Uber Eats guide) increase consumer/driver transparency but are unlikely to meaningfully change fundamentals. Article Title
- Negative Sentiment: Two separate shooting incidents/trials involving DoorDash drivers (Chester and Hudson Valley cases) pose reputational and safety concerns; recurring public safety headlines can weigh on consumer perception and highlight driver risk exposure. Article Title Article Title
- Negative Sentiment: COO Prabir Adarkar sold 10,000 shares (~$1.59M) this week; while the remaining ownership is large, the disclosed sale can be perceived negatively by investors focused on insider activity. Article Title
- Neutral Sentiment: Several short-interest reports in the feed appear to show data errors (zero shares reported); they’re unlikely to reflect real market pressure. Investors should watch official FINRA/NYSE short-interest disclosures instead.
About DoorDash
(
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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