Scotiabank sets USD 275.00 target for DoorDash stock
Published on 10/09/2026 at 15:38 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSKey points in brief
- Scotiabank initiated coverage on September 9, 2026 with a USD 275.00 target and sector outperform rating.
- DoorDash revenue rose 35.60 percent to USD 4.45 billion in the second quarter of 2026.
- DoorDash stock was EUR 170.26 at Lang & Schwarz on October 9, 2026, up 0.14 percent versus its EUR 170.02 prior close.
- The company combines delivery marketplaces with merchant logistics, subscriptions and local-commerce services.
Scotiabank set a USD 275.00 price target for DoorDash stock on September 9, 2026, alongside a sector outperform rating, as MarketBeat reported. DoorDash stock was trading at EUR 170.26 at Lang & Schwarz on October 9, 2026 at 3:33 p.m. CEST, up 0.14 percent versus the EUR 170.02 prior close.
Three dated signals shape the stock
On September 15, 2026, DoorDash announced plans to buy Grubhub Campus Dining for USD 300.00 million and invest USD 125.00 million in Wonder, according to finanzen.at. The two figures point to expansion beyond the core restaurant-delivery marketplace.
On September 17, 2026, DoorDash became the official NHL delivery partner for Canada and the United States in a multiyear deal, according to finanzen.at. On September 28, 2026, COO Prabir Adarkar sold 8,738 shares for USD 1.58 million under a pre-arranged trading plan, MarketBeat reported.
What do the results mean for margins?
DoorDash generated USD 4.45 billion of revenue in the second quarter of 2026, up 35.60 percent from USD 3.28 billion a year earlier, according to Zacks. Adjusted earnings per share came in at USD 0.46, below the USD 0.50 consensus estimate, while revenue exceeded its USD 4.32 billion consensus.
The same quarter also produced USD 914.00 million of adjusted EBITDA, up 40.00 percent from USD 655.00 million, while GAAP net income declined 30.00 percent to USD 200.00 million from USD 285.00 million. The split matters: operating scale improved, but amortization and other expenses kept reported profitability under pressure.
DoorDash stock stays below its yearly high
On the Nasdaq, DoorDash stock had a 52-week range of USD 143.30 to USD 285.50 on October 9, 2026, with a market capitalization of USD 83.20 billion. The finance profile places the company in Communication Services and Internet Content and Information, reflecting a platform that connects consumers, merchants and delivery workers.
At Lang & Schwarz, DoorDash stock was trading at EUR 170.26 on October 9, 2026 at 3:33 p.m. CEST, plus 0.14 percent versus the prior close of EUR 170.02. The further course of trading is shown by the continuously updated real-time quote of DoorDash stock.
DoorDash stock facts
- Company: DoorDash, Inc.
- ISIN: US25809K1051
- Ticker: DASH
- Primary exchange: NASDAQ
- Price Lang & Schwarz as of October 9, 2026, 3:33 p.m. CEST: EUR 170.26
- Change versus prior close: plus 0.14 percent
- Prior close Lang & Schwarz October 9, 2026: EUR 170.02
- Market capitalization: USD 83.20 billion as of October 9, 2026
- 52-week range: USD 143.30-285.50 as of October 9, 2026
- Sector / Industry: Communication Services / Internet Content and Information
Market context: Market report Nasdaq Composite.
