DoorDash stock is trading -15.66% below its average target price of $135.28 after dropping -2.8% during today's afternoon session. Analysts are giving the Large-Cap Business Services company an average rating of buy and target prices ranging from $107.0 to $170.0 per share.
DoorDash's short interest — meaning the percentage of the share float that is being shorted — is lower than average at 3.3%. The stock's short ratio is 4.1. The company's insiders own 0.71% of its outstanding shares, which indicates a strong alignment between management and shareholder interests.
Another number to watch is the company's rate of institutional share ownership, which now stands at 90.4%. In conclusion, we believe there is mixed market sentiment regarding DoorDash.
Institutions Invested in DoorDash
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2024-03-31 | Sc Us (ttgp), Ltd. | 9% | 31,656,849 | $3,611,729,786 |
| 2024-03-31 | Vanguard Group Inc | 7% | 26,931,623 | $3,072,628,769 |
| 2024-03-31 | Morgan Stanley | 7% | 26,295,159 | $3,000,014,594 |
| 2024-03-31 | Blackrock Inc. | 5% | 16,994,644 | $1,938,918,871 |
| 2024-03-31 | Capital Research Global Investors | 4% | 14,987,796 | $1,709,957,590 |
| 2024-03-31 | JP Morgan Chase & Company | 4% | 12,868,757 | $1,468,196,439 |
| 2024-03-31 | Baillie Gifford and Company | 3% | 12,403,247 | $1,415,086,404 |
| 2024-03-31 | Capital World Investors | 3% | 9,470,247 | $1,080,460,445 |
| 2024-03-31 | Newlands Management Operations LLC | 2% | 7,050,680 | $804,412,055 |
| 2024-03-31 | Sands Capital Management, LLC | 2% | 6,826,736 | $778,862,285 |
