DoorDash Faces Bearish Investor Sentiment Amid Options Activity

DoorDash's recent options trading indicates a bearish sentiment among investors, with a striking 66% of trades reflecting this outlook. Analysts set mixed price targets, with forecasts ranging from $190 to $230, suggesting cautious investor sentiment.

Date: 14-05-2025

AI Rating: 5

Bearish Investor Sentiment: The analysis reveals that significant investors in DoorDash are predominantly taking bearish positions in the options market. With 66% of detected trades leaning bearish and a substantial amount allocated toward put options, there is a clear indication of caution amongst institutional investors. The notable amount of $2,100,358 spent on puts compared to just $60,260 on calls highlights this trend.

Price Targets: The options activity outlines a price target range from $180 to $220 over the coming three months, suggesting that investors anticipate fluctuations within this boundary. Analysts have averaged target prices from $190 to $230. Given the mix of bullish and bearish sentiment, it reflects a challenging outlook for the stock.

Market Standing: Currently, DoorDash's stock is priced at approximately $196.84, reflecting a slight decline of -0.49%. The stock's volume indicates uncertainty among investors, particularly since the next earnings release is still 78 days away. The RSI indicators imply the stock could be nearing overbought levels, further complicating investor sentiment.

The mixed ratings from various analysts, with one upgrading and others downgrading targets, also showcases the divided perspectives on the company’s future performance. While Needham maintains a Buy rating, RBC Capital has taken a more cautious stance with an Outperform rating.

The overall findings present a picture of uncertainty for DoorDash. The bearish options activity and analyst ratings convey challenges ahead. Investors looking for stability might want to tread carefully until clearer signs of strength emerge.

Stocks: DASH