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Director Shona L. Brown of DoorDash, Inc. (NASDAQ:DASH) sold 1,250 shares of Class A Common Stock on July 9, 2025, for $244.99, totaling $306,237. The sale occurred near DoorDash’s 52-week high of $248.74, with the stock showing remarkable strength, up 126% over the past year.
Following the transaction, Brown directly owns 44,302 shares of DoorDash, Inc., representing a stake in the $101.88 billion market cap company. Some of these securities are represented by restricted stock units. The sale was executed under a Rule 10b5-1 trading plan adopted on March 7, 2025. According to InvestingPro, DoorDash currently trades at a P/E ratio of 294.7x, suggesting a premium valuation.
In other recent news, DoorDash has been the focus of several analyst upgrades and business developments. BTIG raised its price target for DoorDash to $265, citing growth momentum in order volume and maintaining a Buy rating. The firm noted that DoorDash is experiencing strong growth, driven by user expansion and advertising revenue, and has above-consensus estimates for future years. Raymond (NSE:RYMD) James also upgraded DoorDash’s stock rating to Strong Buy, increasing its price target to $260, highlighting the underappreciated synergies from the Deliveroo (OTC:DROOF) acquisition and potential for EBITDA accretion.
Additionally, DoorDash has launched a drone delivery service in collaboration with Flytrex in the Dallas-Fort Worth area, following a successful pilot program. This initiative aims to enhance delivery capabilities and convenience for customers. JMP Securities maintained a Market Outperform rating on DoorDash with a $235 price target, emphasizing the potential for advertising revenue growth through the use of first-party data. Citizens JMP also raised its price target to $235, following DoorDash’s introduction of AI-powered advertising tools and the acquisition of Symbiosys. DoorDash’s advertising business has reached a $1 billion run rate, and analysts see this as a key area for future profitability improvements.
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