New York City Weekend Snowfall Exceeds 20 Inches
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 23 2026
0mins
Should l Buy DASH?
Source: Benzinga
- Snowfall Prediction: Prediction market traders are nearly certain that New York City's weekend snowfall exceeded 20 inches, with the 20+ inch outcome sitting at 56% and over $439,000 in total market volume, indicating strong investor interest in weather impacts.
- Historical Significance: Central Park has recorded 20 inches or more of snowfall only six times since 1869, with the last occurrence being Blizzard Jonas in January 2016, which holds the all-time record at 27.5 inches, underscoring the rarity of this event.
- Natural Gas Price Surge: U.S. natural gas futures for March delivery jumped as much as 6.8% over the weekend due to increased heating demand across the Northeast, although gains have since faded as the storm begins to taper, prompting traders to monitor price stability.
- Transportation Disruptions: DoorDash suspended its NYC operations due to the mayor's travel ban, while major airline stocks traded higher in premarket, likely buoyed by a dip in oil prices, suggesting market resilience even amid severe weather conditions.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy DASH?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on DASH
Wall Street analysts forecast DASH stock price to rise
21 Analyst Rating
18 Buy
3 Hold
0 Sell
Strong Buy
Current: 171.970
Low
224.00
Averages
278.67
High
330.00
Current: 171.970
Low
224.00
Averages
278.67
High
330.00
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.
Market Fluctuations and Investment Warnings
- Market Dynamics: The S&P 500 dipped slightly on Monday as West Texas Intermediate crude rose to around $97 per barrel due to stalled peace talks with Iran, leading to cautious market sentiment as investors question the sustainability of recent gains.
- Microsoft Partnership Changes: OpenAI amended its partnership agreement with Microsoft, allowing OpenAI to cap revenue share payments and serve products to any cloud provider, which may impact Microsoft's future revenue as it discontinues these payments.
- Corning's Outlook: Corning shares fell over 4% ahead of earnings despite a 90% rise this year; Jim Cramer advised investors to consider taking profits, citing the stock's current overvaluation while acknowledging its strong long-term growth potential.
- Rapid Trade Review: Jim Cramer highlighted stocks like Verizon, Domino's Pizza, Campbell's, and DoorDash in a rapid-fire segment, emphasizing investment opportunities and urging investors to stay alert to market movements.
See More
DoorDash Expands Grocery Partnership in Canada
- Partnership Expansion: DoorDash has partnered with Empire Company Limited, adding over 1,000 stores across 10 Canadian provinces, significantly enhancing its market share and user options.
- Brand Diversity: The expansion includes well-known brands such as Sobeys, Safeway, and IGA, addressing consumer demand for convenient shopping while boosting DoorDash's competitiveness in the grocery sector.
- Increased User Engagement: Among DoorDash's monthly active users in Canada, 25% have engaged with grocery, convenience, and retail categories, reflecting strong demand for on-demand delivery services and driving future growth for the company.
- Market Trust: As one of the most trusted retail brands in Canada, Empire's partnership will further solidify DoorDash's position in the local market, helping consumers save time and enhance convenience in their lives.
See More
DoorDash Expands Grocery Delivery with Empire Company Partnership
- Partnership Expansion: DoorDash partners with Empire Company to integrate over 1,000 stores from 12 brands including Sobeys and Safeway into its platform, significantly enhancing DoorDash's competitive position in the grocery delivery market across 10 provinces in Canada.
- Increased User Engagement: As of December 2025, 25% of DoorDash's monthly active users engage with grocery, convenience, and alcohol categories, indicating a rapid growth in consumer demand for on-demand grocery delivery services.
- Fast Delivery Service: Grocery orders on DoorDash are delivered in under 60 minutes on average in Canada's five largest cities, enabling time-pressed consumers to efficiently manage their shopping needs, thereby improving user experience and satisfaction.
- Promotional Campaign: From April 27 to May 3, 2026, consumers can receive a 30% discount on orders from Empire's family of brands on DoorDash using a promo code, further stimulating consumer purchasing intent and increasing platform usage frequency.
See More
Major Wall Street Rating Updates on Monday
- Cohu Rating Reiteration: Jefferies reiterates its Buy rating on Cohu with a price target of $55, viewing the company as an emerging enabler of higher-complexity semiconductor testing, which could enhance its market position significantly.
- Rollins Upgrade: Rothschild & Co Redburn upgrades Rollins from Neutral to Buy, raising the price target from $51.90 to $66, indicating a 16% upside, as they see the current share price as an attractive entry point for investors.
- Nutrien Upgrade: Barclays upgrades Nutrien from Equal Weight to Overweight, increasing the price target from $80 to $85, anticipating continued strength in the nitrogen segment due to the Iran conflict, which positions the company favorably in the market.
- Galaxy Digital Initiation: Chardan initiates coverage of Galaxy Digital with a Buy rating, highlighting its attractive position in the digital asset ecosystem and potential for integration with traditional financial markets, which could drive future growth.
See More
DoorDash Poised for Significant Future Growth
- Market Share Expansion: According to TD Cowen, DoorDash is expected to expand its market share significantly over the next few years, particularly in the U.S. and internationally, with projections indicating a rise to 52.6% in North America by 2028, primarily at the expense of GrubHub and Instacart.
- User Growth Forecast: Analysts predict that DoorDash's monthly active users and order frequency will grow at compound annual rates of 8% and 4%, respectively, from 2025 to 2030, which will support sustained growth and rising profitability for the company.
- Diversified Product Lines: DoorDash is diversifying its offerings beyond food delivery into pet care, flowers, sporting goods, and other e-commerce verticals, which will help maintain growth momentum in a competitive market.
- Technology Integration: DoorDash is integrating AI-driven features into its platform, including personalized restaurant suggestions, which will enhance user experience and potentially drive further increases in user growth and order volume.
See More
Cathie Wood's Recent Trading Silence Amid Market Rally
- Amazon Stock Surge: Amazon's stock has risen 26% over the past month, driven by encouraging deals and partnerships, despite AWS recently posting its strongest revenue growth in over three years, indicating a strong recovery potential in the market.
- Kratos Defense Performance: Although Kratos Defense's stock is down 19% year-to-date, its 19% revenue growth last year marked the strongest performance in 13 years, and increased U.S. military involvement in Iran is expected to boost demand for its drone and missile defense systems.
- X-Energy IPO Success: After three years of market volatility, X-Energy successfully went public through a traditional IPO, with its stock rising 27% on debut and achieving a market cap exceeding $11 billion, highlighting the growing importance of nuclear energy amid surging AI-driven energy demand.
- DoorDash Challenges: Despite DoorDash's recent financial report showing a 38% year-over-year revenue increase, its stock has fallen 22% from last year due to rising gas prices, which could impact its business model and market performance, especially with incentives for active drivers.
See More
Market Fluctuations and Investment Warnings
- Market Dynamics: The S&P 500 dipped slightly on Monday as West Texas Intermediate crude rose to around $97 per barrel due to stalled peace talks with Iran, leading to cautious market sentiment as investors question the sustainability of recent gains.
- Microsoft Partnership Changes: OpenAI amended its partnership agreement with Microsoft, allowing OpenAI to cap revenue share payments and serve products to any cloud provider, which may impact Microsoft's future revenue as it discontinues these payments.
- Corning's Outlook: Corning shares fell over 4% ahead of earnings despite a 90% rise this year; Jim Cramer advised investors to consider taking profits, citing the stock's current overvaluation while acknowledging its strong long-term growth potential.
- Rapid Trade Review: Jim Cramer highlighted stocks like Verizon, Domino's Pizza, Campbell's, and DoorDash in a rapid-fire segment, emphasizing investment opportunities and urging investors to stay alert to market movements.
See More
DoorDash Expands Grocery Partnership in Canada
- Partnership Expansion: DoorDash has partnered with Empire Company Limited, adding over 1,000 stores across 10 Canadian provinces, significantly enhancing its market share and user options.
- Brand Diversity: The expansion includes well-known brands such as Sobeys, Safeway, and IGA, addressing consumer demand for convenient shopping while boosting DoorDash's competitiveness in the grocery sector.
- Increased User Engagement: Among DoorDash's monthly active users in Canada, 25% have engaged with grocery, convenience, and retail categories, reflecting strong demand for on-demand delivery services and driving future growth for the company.
- Market Trust: As one of the most trusted retail brands in Canada, Empire's partnership will further solidify DoorDash's position in the local market, helping consumers save time and enhance convenience in their lives.
See More
DoorDash Expands Grocery Delivery with Empire Company Partnership
- Partnership Expansion: DoorDash partners with Empire Company to integrate over 1,000 stores from 12 brands including Sobeys and Safeway into its platform, significantly enhancing DoorDash's competitive position in the grocery delivery market across 10 provinces in Canada.
- Increased User Engagement: As of December 2025, 25% of DoorDash's monthly active users engage with grocery, convenience, and alcohol categories, indicating a rapid growth in consumer demand for on-demand grocery delivery services.
- Fast Delivery Service: Grocery orders on DoorDash are delivered in under 60 minutes on average in Canada's five largest cities, enabling time-pressed consumers to efficiently manage their shopping needs, thereby improving user experience and satisfaction.
- Promotional Campaign: From April 27 to May 3, 2026, consumers can receive a 30% discount on orders from Empire's family of brands on DoorDash using a promo code, further stimulating consumer purchasing intent and increasing platform usage frequency.
See More
Major Wall Street Rating Updates on Monday
- Cohu Rating Reiteration: Jefferies reiterates its Buy rating on Cohu with a price target of $55, viewing the company as an emerging enabler of higher-complexity semiconductor testing, which could enhance its market position significantly.
- Rollins Upgrade: Rothschild & Co Redburn upgrades Rollins from Neutral to Buy, raising the price target from $51.90 to $66, indicating a 16% upside, as they see the current share price as an attractive entry point for investors.
- Nutrien Upgrade: Barclays upgrades Nutrien from Equal Weight to Overweight, increasing the price target from $80 to $85, anticipating continued strength in the nitrogen segment due to the Iran conflict, which positions the company favorably in the market.
- Galaxy Digital Initiation: Chardan initiates coverage of Galaxy Digital with a Buy rating, highlighting its attractive position in the digital asset ecosystem and potential for integration with traditional financial markets, which could drive future growth.
See More
DoorDash Poised for Significant Future Growth
- Market Share Expansion: According to TD Cowen, DoorDash is expected to expand its market share significantly over the next few years, particularly in the U.S. and internationally, with projections indicating a rise to 52.6% in North America by 2028, primarily at the expense of GrubHub and Instacart.
- User Growth Forecast: Analysts predict that DoorDash's monthly active users and order frequency will grow at compound annual rates of 8% and 4%, respectively, from 2025 to 2030, which will support sustained growth and rising profitability for the company.
- Diversified Product Lines: DoorDash is diversifying its offerings beyond food delivery into pet care, flowers, sporting goods, and other e-commerce verticals, which will help maintain growth momentum in a competitive market.
- Technology Integration: DoorDash is integrating AI-driven features into its platform, including personalized restaurant suggestions, which will enhance user experience and potentially drive further increases in user growth and order volume.
See More
Cathie Wood's Recent Trading Silence Amid Market Rally
- Amazon Stock Surge: Amazon's stock has risen 26% over the past month, driven by encouraging deals and partnerships, despite AWS recently posting its strongest revenue growth in over three years, indicating a strong recovery potential in the market.
- Kratos Defense Performance: Although Kratos Defense's stock is down 19% year-to-date, its 19% revenue growth last year marked the strongest performance in 13 years, and increased U.S. military involvement in Iran is expected to boost demand for its drone and missile defense systems.
- X-Energy IPO Success: After three years of market volatility, X-Energy successfully went public through a traditional IPO, with its stock rising 27% on debut and achieving a market cap exceeding $11 billion, highlighting the growing importance of nuclear energy amid surging AI-driven energy demand.
- DoorDash Challenges: Despite DoorDash's recent financial report showing a 38% year-over-year revenue increase, its stock has fallen 22% from last year due to rising gas prices, which could impact its business model and market performance, especially with incentives for active drivers.
See More
