Bank of America Securities Maintains Buy Rating on DoorDash

Friday, Aug 15, 2025 12:06 am ET1min read

Bank of America Securities has maintained a Buy rating on DoorDash (DASH) with shares closing at $264.32. The company reported Q2 revenue of $3.28 billion and a net profit of $285 million, compared to $2.63 billion and a GAAP net loss of $157 million last year. Corporate insider activity shows negative sentiment with an increase in insiders selling shares in Q2.

DoorDash Inc. (DASH) shares closed at $264.32 on July 2, 2025, after the company reported its Q2 2025 earnings. The stock experienced a 2.66% decline on August 14, 2025, with $0.86 billion in trading volume, driven by insider sales and pre-market sentiment shifts [1].

The company reported a net income of $285 million, or 65 cents per share, compared to a net loss of $157 million, or 38 cents per share, in the same period last year. Revenue for the quarter reached $3.28 billion, representing a 24.9% year-over-year increase from $2.63 billion in Q2 2024 [3].

Director Andy Fang sold 50,000 shares of DASH on August 7 at $275.74 per share, reducing his holdings by 68.92% to 22,545 shares. This marked the latest in a series of sales, including transactions in June and July, totaling over $27 million in proceeds [1]. Insider selling often signals caution, though it does not directly correlate with the company’s operational performance.

Institutional investors adjusted their stakes, with Saudi Central Bank and others acquiring new positions valued at $25,000–$30,000 in the first half of 2025. Meanwhile, analyst sentiment remained cautiously optimistic, with Citigroup and BMO Capital upping price targets to $280–$288 and maintaining “outperform” ratings [1].

Looking ahead, the company expects gross order value between $24.2 billion and $24.7 billion for the three months ending in September, well above the $23.8 billion average estimate compiled by Bloomberg [1]. The company's expansion into non-restaurant categories and heightened consumer engagement are driving its success.

References:
[1] https://www.ainvest.com/news/doordash-shares-fall-2-66-insider-sales-clashes-earnings-surge-trading-volume-ranks-102nd-2508/
[2] https://finance.yahoo.com/news/doordash-q2-earnings-call-top-053349809.html
[3] https://www.ainvest.com/news/doordash-q2-earnings-surpass-expectations-reports-25-yoy-revenue-growth-2508/

Bank of America Securities Maintains Buy Rating on DoorDash

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