DoorDash Inc. reported an insider sale by its general counsel, Tia Sherringham, who disposed of 8,346 shares of Class A common stock on February 20, 2026. The shares were sold at a per-share price of $175.496, producing proceeds of about $1.46 million.
According to filings, the transaction was completed to satisfy tax obligations arising from the vesting of restricted stock units. After the sale, Sherringham directly holds 90,672 shares of DoorDash stock, a portion of which are represented by RSUs.
Market pricing at the time of reporting shows DoorDash shares trading at $164.38, a level described as being near the stock's 52-week low of $155.40.
Separately, DoorDash's most recent quarterly report showed results that marginally topped expectations. The company’s gross order value and adjusted EBITDA each exceeded consensus estimates by roughly 1% for the fourth quarter. Those results prompted a wave of analyst reassessments of the company’s price targets and outlook, reflecting divergent views among brokerage firms.
DA Davidson lowered its price target to $224 while keeping a Neutral rating, citing valuation concerns. Citizens trimmed its target to $250 and highlighted DoorDash’s emphasis on long-term growth drivers, including U.S. grocery and retail initiatives, Deliveroo, and DashMart Fulfillment Services. Benchmark moved in the opposite direction, raising its target to $285 and pointing to the company’s push into local commerce beyond traditional restaurant and grocery delivery. Truist Securities increased its target to $340, attributing the change to solid fourth-quarter results and optimistic guidance for the first quarter of 2026. By contrast, Piper Sandler reduced its target to $220, citing heightened competitive pressures and execution risks.
An external analysis from InvestingPro is noted in filings and commentary, stating that DoorDash appears undervalued at current levels. The platform offers a Pro Research Report on DASH and more than 1,400 U.S. equities for users seeking a deeper dive into the evaluation.
While the insider sale was undertaken for tax purposes related to RSU vesting rather than for operational reasons, it arrives amid a period of mixed analyst sentiment and earnings that just modestly outperformed expectations. The recent price-target adjustments illustrate a range of perspectives on DoorDash’s pathway, with some firms emphasizing competitive and execution risks and others pointing to expansion opportunities in grocery, retail, and local commerce.