DASH DoorDash, Inc.

Price Chart

Executive Summary

A cluster of 15 firms acted on DoorDash (DASH) on November 19, 2025, including Jefferies upgrading from Hold to Buy and raising its price target from $220 to $260. The consensus is heavily bullish: 77% Buy (41 of 53 analysts), 23% Hold, 0% Sell, with a mean target of $250.93 and median $255. Current price $168.65 implies 49% upside to the mean. Jefferies has a 53% accuracy rate on 2,282 calls with 3.9% average return, near the middle of the pack. Top-tier firms like Keybanc (75% accuracy, +12.9% avg return) and Cantor Fitzgerald (64%, +13.6%) are among the bulls. Near-term EPS estimates have been revised down 5 times in the past 30 days, but longer-term estimates show modest upward revisions. Insider selling is heavy, with five open-market sales in the past month totaling over $1.4M, while institutional flows are mixed—FMR added 62.5% while Two Sigma and Renaissance trimmed heavily. Short interest is elevated at 59.4% ratio, signaling potential squeeze risk. Next earnings are due May 4, 2026 (within 8 days), adding a near-term catalyst. The broad bullish consensus and cluster of upgrades suggest strong institutional support, but the insider and short interest signals create a mixed backdrop.

Impact Score

Consensus & Targets

Full consensus: 15 Strong Buy, 26 Buy, 12 Hold, 0 Sell, 0 Strong Sell. That's 77% Buy-side (41 of 53 analysts, counting Strong Buy as Buy), 23% Hold, and zero negative ratings. Consensus direction is overwhelmingly bullish, but given the already high concentration of buys, the Jefferies upgrade aligns with the majority view rather than being contrarian.

Mean target: $250.93, median: $255, high: $340, low: $185. Current price $168.65 implies 48.8% upside to the mean and 51.2% to the median. Jefferies' new PT of $260 sits slightly above the median, suggesting above-consensus conviction. The high target of $340 from an unnamed firm implies over 100% upside. The lowest target of $185 (Stifel) still implies 9.7% upside.

Recent Analyst Activity

30-day analyst activity: 1 upgrade (Jefferies), 0 downgrades. EPS revision trend is mixed: for the upcoming quarter (+1q), 0 revisions up vs 5 down in the last 30 days; for the current fiscal year (0y), 0 up vs 6 down; for next fiscal year (+1y), 3 up vs 4 down. Near-term estimates are being revised lower, but longer-term expectations show a slight positive tilt.

Firm Track Record — Jefferies

Jefferies accuracy: 53% on 2282 calls | avg return: 3.9%

Industry benchmark: mean 51% ± 11%. Top tier: ≥61% (mean + 1σ). Based on 15 firms with ≥5 scored calls.

Jefferies has a 53% accuracy rate on 2,282 rated calls with an average return of 3.9%, placing it roughly in the middle of the peer group. Top-performing firms covering DASH include Keybanc (75% on 8 calls, +12.9% avg return), Cantor Fitzgerald (64% on 11, +13.6%), and DA Davidson (60% on 5, +13.2%). The weakest performer by average return is Raymond James (67% on 3, -0.1% avg return). Jefferies' upgrade is credible but not from the top tier.

Earnings Estimates

Next earnings: May 4, 2026

Cross-Platform Signals

Insider trades show consistent selling: five open-market sales in the past month totaling ~$1.44M, including large sales by Brown Shona ($218K) and Tang Stanley ($253K). Congressional activity is mixed—Gilbert Cisneros (D) has both buys and sells in small amounts. Institutional flows are divergent: FMR LLC increased its stake by 62.5% to $1.0B, while Two Sigma exited nearly completely (-99.7%) and Renaissance Technologies trimmed 32.4%. NORGES BANK established a new $1.09B position. Short interest stands at 1.1M shares with a 59.4% short ratio, indicating elevated bearish bets. The analyst bullish cluster diverges sharply from insider selling and high short interest, creating a contrarian tension.

Documents Analyzed

Report based on filing metadata.

US Market Status