DoorDash's DASH Climbs 1.97% on Analyst Upgrades as $650M Volume Ranks 175th

On July 30, 2025, DoorDash (DASH) traded with a volume of $0.65 billion, ranking 175th in daily trading activity. The stock rose 1.97% amid a mix of analyst upgrades and valuation concerns.

Analyst activity highlighted divergent signals. Roth Capital raised its price target, while Loop Capital’s Rob Sanderson reiterated a bullish outlook. JMP Securities increased its target to $250, and Jefferies revised its rating to "Hold" with a $250 target, reflecting cautious optimism. Zacks highlighted DASH as a top liquid stock, but valuation skepticism emerged, with Jefferies downgrading due to stretched metrics. A Bay Area bakery’s $100K overcharge allegation also introduced downside risks.

Institutional investor activity added nuance. Envestnet, Wealthfront, and Stratos Wealth Partners acquired shares, while the New York State Common Retirement Fund reduced its position. DASH’s CFO, Ravi Inukonda, continued selling shares, trimming his holdings by 0.58% in a recent transaction. Meanwhile, T-Mobile’s promotional offer for free DashPass subscriptions could drive user growth, though its short-term impact remains uncertain.

The strategy of buying the top 500 stocks by daily trading volume and holding them for one day delivered a 166.71% return from 2022 to July 30, 2025. This outperformed the benchmark by 137.53%, with a 31.89% compound annual growth rate, underscoring the potential of liquidity-driven short-term positioning in high-volume equities.