DASH Up 54.08% in a Year Amid Institutional Buying and Earnings Report

On November 28, 2025, DoorDash, Inc. (DASH) showed a strong performance, rising 54.08% over the past 12 months and 10.42% in the last 30 days. The stock also gained 3.45% in the past week and 0.07% in the last 24 hours. This upward trend aligns with increased institutional interest and recent financial updates from the company.

Institutional Investors Increase Holdings in DASH

Jefferies Financial Group Inc. has significantly increased its stake in DASH during the second quarter of 2025. The firm added 5,179 shares to its existing holding, bringing its total to 17,901 shares, valued at approximately $4.41 million. This represents a 40.7% increase in its position in the company. The move underscores confidence in DoorDash’s long-term prospects, despite recent earnings underperformance.

Alongside Jefferies, other major institutional investors also added to their DASH positions. Vanguard Group Inc. increased its holdings by 4.6% in the second quarter, now owning 41.19 million shares with a total value of $10.15 billion. Geode Capital Management LLC, Invesco Ltd., Price T. Rowe, and Northern Trust also increased their stakes, collectively contributing to the high institutional ownership level of approximately 90.64%.

Earnings Report and Analyst Forecasts

DoorDash reported Q3 earnings of $0.55 per share, falling short of the $0.68 per share expected by analysts. The company’s revenue for the quarter reached $3.45 billion, reflecting a 27.3% year-over-year growth. Despite the earnings miss, analysts remain cautiously optimistic, assigning DASH a “Moderate Buy” rating with an average price target of $275.62.

Analysts from several major firms have recently revised their price targets and outlooks. KeyCorp reaffirmed an “overweight” rating with a $280.00 price target, while DA Davidson maintained a “neutral” stance with a $260.00 target. Citigroup reiterated a “market outperform” rating, and Stifel Nicolaus slightly lowered its price objective to $253.00. Collectively, these assessments highlight a generally positive, though cautious, view of DASH’s future performance.

Insider Transactions and Ownership

Over the past three months, several executives and board members sold shares in DoorDash. Director Andy Fang sold 30,000 shares for $7.3 million, and COO Prabir Adarkar sold 30,000 shares for $8.1 million, reducing his stake by 3.18%. These transactions, disclosed via SEC filings, reflect a broader trend of insider sales. Currently, insiders own 5.83% of the company’s shares.

Institutional Confidence and Market Outlook

The surge in institutional buying indicates a growing strategic interest in DoorDash among large investors. With a market capitalization of approximately $81.1 billion and a P/E ratio of 95.47, the company is seen as a long-term play in the evolving food delivery and local commerce space.

As the company continues to expand its services globally, and with analysts projecting improved performance, DASH remains a focal point in discussions about the future of on-demand commerce.