After this morning's 3.0% surge to $198.84 per share, DoorDash might just keep moving past its target price of $201.96. With an average analyst rating of buy, and target prices from $138.27 to $240.0, the stock's next move is anyone's guess.
DoorDash's short interest — meaning the percentage of the share float that is being shorted — is lower than average at 2.8%. The stock's short ratio is 4.32. The company's insiders own 0.84% 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 92.1%. In conclusion, we believe there is mixed market sentiment regarding DoorDash.
Institutions Invested in DoorDash
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2024-09-30 | Sc Us (ttgp), Ltd. | 9% | 31,553,436 | $6,274,558,380 |
| 2024-12-31 | Vanguard Group Inc | 9% | 31,323,404 | $6,228,815,368 |
| 2024-09-30 | Morgan Stanley | 6% | 22,866,273 | $4,547,072,619 |
| 2024-12-31 | Blackrock Inc. | 5% | 18,540,950 | $3,686,960,533 |
| 2024-09-30 | Capital Research Global Investors | 4% | 14,529,623 | $2,889,288,119 |
| 2024-09-30 | JP Morgan Chase & Company | 4% | 14,253,434 | $2,834,366,557 |
| 2024-12-31 | Baillie Gifford and Company | 4% | 13,201,359 | $2,625,156,187 |
| 2024-09-30 | Capital World Investors | 3% | 9,615,105 | $1,912,011,663 |
| 2024-09-30 | State Street Corporation | 2% | 7,395,891 | $1,470,709,873 |
| 2024-09-30 | Newlands Management Operations LLC | 2% | 7,050,680 | $1,402,062,941 |
