DoorDash shares fell -1.6% this afternoon to a price of $137.36. The stock is still trading within range of its average target price of $134.88, and over the last 52 weeks, it has recorded a 126.6% performance. Analysts have given the Large-Cap Farm & Heavy Construction Machinery stock target prices ranging from $104.0 to $175.0 dollars per share, with an average rating of buy.
The stock has an average amount of shares sold short at 3.0%, and a short ratio of 2.26. The company's insiders own 0.69% of its outstanding shares, which indicates a strong alignment between management and shareholder interests. Finally, we also note that a significant number of institutional investors are invested in the stock, with 92.4% of DoorDash's shares being owned by this investor type.
Institutions Invested in DoorDash
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2023-12-31 | Sc Us (ttgp), Ltd. | 9% | 31,699,721 | $4,354,273,695 |
| 2023-12-31 | Vanguard Group Inc | 8% | 29,303,496 | $4,025,128,228 |
| 2023-12-31 | Morgan Stanley | 7% | 27,197,627 | $3,735,866,061 |
| 2023-12-31 | Capital Research Global Investors | 5% | 17,817,622 | $2,447,428,568 |
| 2023-12-31 | Blackrock Inc. | 5% | 16,793,884 | $2,306,807,916 |
| 2023-12-31 | Baillie Gifford and Company | 3% | 12,775,622 | $1,754,859,445 |
| 2023-12-31 | JP Morgan Chase & Company | 3% | 9,501,371 | $1,305,108,326 |
| 2023-12-31 | SB Investment Advisers (UK) LTD | 3% | 9,465,912 | $1,300,237,678 |
| 2023-12-31 | Capital World Investors | 3% | 9,395,743 | $1,290,599,264 |
| 2023-12-31 | Galileo (ptc) Ltd | 2% | 7,689,812 | $1,056,272,581 |
Besides an analyst consensus of little upside potential, other market factors point to there being mixed market sentiment on DoorDash.
