60%+ returns in 2025: Here’s how AI-powered stock investing has changed the game
Investing.com - William Blair has reiterated an Outperform rating on DoorDash Inc. (NASDAQ:DASH) as the food delivery company prepares to accelerate investments in its global technology platform in 2026. The delivery giant, now valued at over $101 billion, has seen its stock surge 40% over the past year despite trading above its InvestingPro Fair Value.
The delivery giant aims to build a single global technology stack that will reduce redundancies across its DoorDash, Deliveroo, and Wolt operations, according to William Blair’s analysis.
DoorDash plans additional near-term investment to ensure Deliveroo can operate independently while the company develops its unified global technology infrastructure. The company is well-positioned financially for these investments, with a healthy current ratio of 2.07 and more cash than debt on its balance sheet.
Beyond the core technology platform, the company is investing in autonomous delivery with plans to commercialize some of these efforts in 2026, as well as expanding its Dashmart Fulfillment service to enable retailers to offer same-hour and same-day delivery options. These initiatives support DoorDash’s strong revenue growth trajectory, with analysts forecasting 24% sales growth this year.
Management has indicated these combined investments are projected to total several hundred million dollars in 2026, as the company focuses on improving operational efficiencies across all markets it serves. With a favorable PEG ratio of 0.48, DoorDash appears attractively valued relative to its expected earnings growth. InvestingPro offers 15 additional tips and comprehensive financial metrics for DASH in its Pro Research Report.
In other recent news, DoorDash reported earnings for the third quarter of 2025, which fell short of analysts’ expectations, though revenue surpassed forecasts. The company announced plans to invest several hundred million dollars in new initiatives and platform development next year, which has been a focal point in recent analyses. Despite the earnings miss, BTIG maintained its Buy rating on DoorDash, setting a price target of $315, citing a typically strong quarterly performance. However, Citizens adjusted its price target to $285 from $335, maintaining a Market Outperform rating, due to concerns about the company’s investment plans for 2026. Similarly, Goldman Sachs lowered its price target to $279 from $315, while continuing to hold a Buy rating, highlighting DoorDash’s execution in local commerce strategy and platform economics. The company’s investment plans appeared to overshadow its positive revenue results, leading to mixed reactions from analysts. DoorDash is focusing on expanding its product offerings and investing in new technologies to improve future margins.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.