In addition to the sale, Xu acquired 12 shares of Class A Common Stock through the exercise of stock options at a price of $7.16 per share. Following these transactions, Xu maintains ownership of 1,500 shares of DoorDash (NASDAQ:DASH) stock directly. With a market capitalization of approximately $71 billion and its next earnings report scheduled for February 11, 2025, investors seeking deeper insights can access comprehensive analysis and 12 additional ProTips through InvestingPro's detailed research reports. With a market capitalization of approximately $71 billion and its next earnings report scheduled for February 11, 2025, investors seeking deeper insights can access comprehensive analysis and 12 additional ProTips through InvestingPro's detailed research reports.
In addition to the sale, Xu acquired 12 shares of Class A Common Stock through the exercise of stock options at a price of $7.16 per share. Following these transactions, Xu maintains ownership of 1,500 shares of DoorDash stock directly.
In other recent news, DoorDash Inc. has seen a surge of positive assessments from multiple financial firms. Bernstein SocGen Group analysts increased the price target on DoorDash shares to $210, citing improved fundamentals and a promising long-term earnings potential. Similarly, KeyBanc Capital Markets raised their price target for the company to $225, emphasizing DoorDash's strong revenue growth of 24.6% and potential for further growth in the delivery and advertising sectors. Truist Securities increased DoorDash's price target to $217 following a strong performance in the North American market during Q4 of 2024, with DoorDash's U.S. marketplace gross order volume exceeding estimates. RBC Capital Markets also increased its price target for DoorDash to $215, highlighting the company's balanced approach to growth and profitability. BTIG raised its price target on DoorDash's shares to $200 due to strong quarter-to-date performance. These adjustments reflect recent developments and a positive view of the company's performance and potential.
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