Wells Fargo raises DoorDash stock target to USD 230.00
Published on 10/06/2026 at 17:18 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
DoorDash raises its price target from USD 225.00 to USD 230.00, putting DoorDash stock under a fresh analyst lens on October 5, 2026. As Markets Insider reported, Wells Fargo kept its Equal Weight rating while lifting the target from USD 225.00 to USD 230.00.
Wells Fargo weighs margin pressure
The Wells Fargo view puts fourth-quarter gross order value and profitability at the center of the debate. The firm expects 2027 gross order value growth of 18.00 percent, below the Street estimate of 20.00 percent, while its target increase still reflects a constructive valuation view.
The same report said Wells Fargo expects fourth-quarter fiscal 2026 adjusted EBITDA guidance of USD 950.00 million to USD 1.10 billion, with the midpoint 260 basis points below consensus. It also projected fourth-quarter gross order value of USD 35.20 billion to USD 36.20 billion versus a USD 35.90 billion consensus estimate.
Revenue grows while earnings lag
DoorDash delivered USD 4.45 billion in revenue in the second quarter of 2026, a 35.60 percent increase from the same quarter a year earlier. Ticker Scout reported that diluted earnings per share reached USD 0.46, below the USD 0.47 consensus, while net income attributable to common stockholders fell 29.80 percent to USD 200.00 million.
The operating picture was stronger than the earnings comparison. Adjusted EBITDA rose 39.50 percent to USD 914.00 million, Marketplace gross order value increased 36.40 percent to USD 33.08 billion, and total orders climbed 27.00 percent to 970.00 million in the second quarter of 2026.
Nasdaq quote and Tradegate reference
DoorDash was trading at USD 192.79 on Nasdaq at 11:18 a.m. ET on October 6, 2026, up 0.53 percent from USD 191.77. The Nasdaq quote implies a market capitalization of USD 84.0 billion, while the 52-week range runs from USD 143.30 to USD 285.50.
The substitute price was EUR 170.12 on Tradegate on October 5, 2026 at 8:02 a.m. CEST, versus EUR 168.04, a plus 1.24 percent move. Price source: substitute price Tradegate, Lang & Schwarz without data set.
DoorDash stock facts
- Company: DoorDash, Inc.
- ISIN: US25809K1051
- Ticker: DASH
- Primary exchange: Nasdaq
- Substitute price Tradegate as of October 5, 2026: EUR 170.12
- Market capitalization: USD 84.0 billion as of October 6, 2026
- 52-week range: USD 143.30-USD 285.50
- Sector / Industry: Communication Services / Internet Content and Information
