DoorDash, Inc. Class A (DASH)

DoorDash's stock experienced notable events in the past six months. The stock reached an all-time high on October 6, 2025, but crashed on November 5, 2025, following mixed Q3 results. In January 2026, the stock faced regulatory scrutiny over alleged tip deprivation, leading to a decline despite positive analyst sentiment. Competitive pressures also impacted the stock, and a director sold shares in February 2026.

DoorDash's services experience demand seasonality. The company noted a sequential decline in its net revenue margin in Q1 2025, attributed to seasonality, affordability initiatives, and a favorable mix shift towards grocery. Management anticipated an increase in the take rate in Q2 and the second half of 2025.

DoorDash, Inc. is a commerce platform connecting merchants, consumers, and independent contractors. Founded in 2013, it operates multi-sided marketplaces like DoorDash Marketplace and Wolt Marketplace, focusing on on-demand logistics and local commerce. DoorDash offers services such as customer acquisition, order fulfillment, and payment processing, expanding beyond restaurant delivery to include groceries, retail, and package pickup. It also provides membership programs and white-label delivery services and is exploring drone delivery.

DoorDash has a significant international presence, operating in more than 40 countries. This global reach was significantly bolstered by the acquisition of Wolt in 2022, which expanded its services into Europe and Asia, and the approximately $3.9 billion acquisition of Deliveroo in May 2025.

DoorDash's brand reputation has been influenced by growth momentum, strategic partnerships, and alignment with social initiatives. However, the company faced challenges due to regulatory scrutiny regarding tip deprivation and intense competitive pressures from rivals.

The ownership structure of DoorDash stock includes institutional, retail, and individual investors. Approximately 50.60% of the company's stock is owned by Institutional Investors, 8.54% by Insiders, and 40.86% by Public Companies and Individual Investors. Major institutional owners include Vanguard Group Inc., BlackRock, Inc., JPMorgan Chase & Co, Morgan Stanley, State Street Corp, Capital World Investors, and Price T Rowe Associates Inc /md/.