DoorDash Inc. saw a price increase of 3.00%, reaching a 20-day high, amid positive market conditions with the Nasdaq-100 up 1.23% and the S&P 500 up 0.58%.
This surge is attributed to DoorDash's launch of the Holiday Rescue Sweepstakes, aimed at providing last-minute gifts for customers facing shipping delays. The initiative emphasizes the company's commitment to rapid delivery and customer satisfaction, showcasing its role in holiday shopping. Additionally, the sweepstakes includes a total prize pool of $100,000 in gifts, enhancing brand visibility and customer engagement.
The implications of this initiative are significant, as it not only strengthens DoorDash's market position but also enhances customer loyalty during the critical holiday shopping season. By addressing customer needs effectively, DoorDash is likely to solidify its leadership in the local commerce platform space.
Wall Street analysts forecast DASH stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for DASH is 282.32 USD with a low forecast of 205.00 USD and a high forecast of 360.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
30 Analyst Rating
Wall Street analysts forecast DASH stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for DASH is 282.32 USD with a low forecast of 205.00 USD and a high forecast of 360.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
24 Buy
6 Hold
0 Sell
Strong Buy
Current: 206.660
Low
205.00
Averages
282.32
High
360.00
Current: 206.660
Low
205.00
Averages
282.32
High
360.00
Stifel
Hold
downgrade
$253 -> $224
2026-01-27
New
Reason
Stifel
Price Target
$253 -> $224
AI Analysis
2026-01-27
New
downgrade
Hold
Reason
Stifel lowered the firm's price target on DoorDash to $224 from $253 and keeps a Hold rating on the shares. Third-party data suggests the e-commerce group had a "healthy" Q4 overall, though recent commentary from Amazon suggests there may be incremental pricing pressure on the consumer in 2026, the analyst tells investors in a preview for the e-commerce and consumer app group.
KeyBanc
Overweight
maintain
$280 -> $275
2026-01-20
Reason
KeyBanc
Price Target
$280 -> $275
2026-01-20
maintain
Overweight
Reason
KeyBanc lowered the firm's price target on DoorDash to $275 from $280 and keeps an Overweight rating on the shares. The firm's latest Mobility and Delivery Survey highlighted improving adoption rates across ridesharing, food delivery, and grocery delivery, causing us to raise 2026E EBITDA across the group. DoorDash continues to gain material share in food and grocery delivery, while quickly increasing DashPass subscribers, KeyBanc says. Net, it views this as a favorable backdrop across its coverage universe but is adjusting its price target to reflect broader conservatism.
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Wells Fargo
Equal Weight
maintain
$239 -> $251
2026-01-08
Reason
Wells Fargo
Price Target
$239 -> $251
2026-01-08
maintain
Equal Weight
Reason
Wells Fargo raised the firm's price target on DoorDash to $251 from $239 and keeps an Equal Weight rating on the shares. The firm expects Q4 results in-line, and Q1 GOV guide 2% above consensus. Wells believes phasing of tech replatforming cost poses downside risk to consensus second half of 2026 margin expansion forecast and adds uncertainty to 2027 EBITDA estimates.
Cantor Fitzgerald
Overweight
maintain
$270 -> $285
2026-01-08
Reason
Cantor Fitzgerald
Price Target
$270 -> $285
2026-01-08
maintain
Overweight
Reason
Cantor Fitzgerald raised the firm's price target on DoorDash to $285 from $270 and keeps an Overweight rating on the shares. Despite lingering macro concerns, the outlook for Global Internet stocks into 2026 is increasingly positive as AI enters a "Synergy" phase that should drive accelerating revenue growth, improved value capture, and clearer long-term returns on capex, the analyst tells investors in a research note. With valuations still about 20% below medium-term ranges despite 2025 outperformance, the group is positioned to outperform in 2026 amid positive estimate revisions and improving sentiment, Cantor says.
About DASH
DoorDash, Inc. is engaged in providing services that reduce friction in local commerce and help merchants connect with consumers in their communities. The Company's primary offerings include the DoorDash Marketplace and the Wolt Marketplace (together, the Marketplaces), and its Commerce Platform. The Company's Marketplaces operate in over 30 countries across the globe and provide an integrated suite of services that help merchants establish an online presence, connect with consumers in their communities, and solve mission-critical challenges, such as customer acquisition, demand generation, order fulfillment, merchandising, payment processing, and customer support. It also offers advertising as a value-added service through its Marketplaces to help merchants and consumer packaged goods companies increase consumer engagement. The Company also has offsite advertising capabilities. Its white-label delivery fulfillment services include DoorDash Drive On-Demand and Wolt Drive.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.