Guggenheim Rates DoorDash (DASH) Buy, $255 Price Target
Guggenheim has reaffirmed its Buy rating for DoorDash, setting a price target of $255, a 36.07% upside from the current price.
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Guggenheim rated DoorDash, Inc. ($DASH) "Buy" with a $255 price target on October 14, 2026.
Since the rating, $DASH is up 2.8% to date (from the $184.01 close on Oct 14, 2026).
DASH
DoorDash, Inc.
Key Points
- On October 14, 2026, Guggenheim reiterated its Buy rating for DoorDash, Inc. with a price target of $255.
- Guggenheim's $255 price target implies 36.07% upside from DoorDash, Inc.'s ($DASH) current $187.41 share price.
- As of October 16, 2026, DoorDash shares were recently trading around $187.41, which is below both the 50-day moving average and the analyst target.
- DoorDash reported trailing twelve-month revenue of $15.89 billion and a net margin of 5.3%.
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Guggenheim has reiterated its Buy rating for DoorDash, Inc. (DASH) on October 14, 2026, with a price target of $255. This is the same target the firm had previously set.
Guggenheim vs. the S&P 500
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Other Institutional Activity in DoorDash
Several other institutional investors have shown interest in DoorDash recently. BlackRock Inc. added 397,004 shares, bringing its total to about 26.9 million shares valued at approximately $5.08 billion. Vanguard Capital Management LLC increased its holdings by 992,116 shares, reaching about 24.4 million shares worth around $4.62 billion. Vanguard Portfolio Management LLC also grew its stake, adding 1,024,934 shares for a total of about 17.5 million shares valued around $3.31 billion. State Street Corporation increased its position by 506,864 shares, totaling about 16.1 million shares valued at roughly $3.05 billion.
DoorDash, Inc. Stock Up 1.8%
As of October 16, 2026, DoorDash shares were trading at $187.41, which is about 8.9% below the 50-day moving average of $205.69. The stock is also 30.3% below its 52-week high of $269.00 but 30.8% above its 52-week low of $143.30. The current price is below the mean analyst target of $257.37, indicating that investors may see it as undervalued.
$DASH price target
DoorDash, Inc. daily closes and this analyst's $255 target. Not advice.
Recent Earnings
DoorDash reported trailing twelve-month revenue of $15.89 billion, reflecting a year-over-year revenue growth of 35.6%. The company's net margin stood at 5.3%, and its return on equity was 8.9%. The next earnings report is scheduled for November 4, 2026.
Earnings drift grade
Outlook vs expectations on the last report — not price action.
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Forward outlook
5 target cuts vs 2 raises.
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EPS & revenue
EPS beat estimates by 13.0%. Revenue missed estimates by 4.5%.
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Profit surprise
EBITDA missed by 39 percent. Operating income beat by 24 percent.
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Pre-earnings setup
Bar was high, analysts already very bullish.
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Analyst signal
2 target raises, 5 target cuts.
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Earnings quality
Operating margin down 1.4 points. Negative free cash flow.
Earnings Call Summary
Q1 revenue came in at 4.04 billion dollars, missing the 4.23 billion dollar consensus by about 190 million dollars, though EPS beat at 42 cents versus 38 cents expected. Management credited monthly active users hitting record highs, subscription engagement accelerating, and strong international momentum, especially at Deliveroo and Bolt. CEO Tony Xu emphasized the company is building end-to-end shopping experiences with AI, expanded Dasher Fulfillment Services for grocery accuracy, and grew advertising to record levels. New verticals like grocery are trending toward gross profit breakeven in the second half with improving unit economics as cohorts grow their basket sizes over time.
Guidance DoorDash reaffirmed its full year outlook for EBITDA margins to be slightly higher than 2025, excluding restaurant unit economics. Management said they expect the second half EBITDA to be higher than the first half, with similar margins to what was planned at the start of the year. The company noted a 50 million dollar gas rewards program impact in the quarter and said they may extend it, but plan to offset it with other cost moves.
Very weak report. The release materially worsened the forward outlook.
Insider Buying and Selling at DoorDash, Inc.
Recent insider transactions include sales by several executives. Andy Fang, a Director, sold 5,000 shares on October 1, 2026, for a total value of approximately $918,450. Keith Yandell, an Officer, sold 2,183 shares on the same date, valued at about $400,995. Additionally, Weirui Stanley Tang, another Director, sold 23,125 shares on October 2, 2026, for a total value of around $4.31 million. Chief Financial Officer Ravi Kiran Reddy Inukonda sold 1,017 shares on October 12, 2026, valued at approximately $198,315.
Analysts Set New Price Targets
On October 14, 2026, Guggenheim reiterated its Buy rating for DoorDash with a price target of $255. Earlier, on October 5, 2026, Wells Fargo maintained an Equal-Weight rating with a target of $230, while Cantor Fitzgerald kept its Overweight rating but lowered its target to $240 on October 12, 2026. The consensus among analysts suggests a strong Buy recommendation with a mean price target of $257.37 based on 42 opinions.
About DoorDash
DoorDash, Inc. operates a platform that connects merchants, consumers, and delivery drivers, known as dashers. The company runs various marketplaces, including DoorDash Marketplace and Wolt Marketplace, providing services like order fulfillment and payment processing. This reiteration of the Buy rating from Guggenheim highlights confidence in DoorDash's growth potential despite current share price fluctuations.
Bottom Line
Investors should keep an eye on DoorDash's next earnings report on November 4, 2026, and watch for further analyst updates. The current pricing environment suggests that the stock may be undervalued relative to analyst targets, which could present opportunities for investors.
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Source: Guggenheim's rating change on $DASH (Oct 14, 2026). Written by software, not financial advice. How we make alerts