On January 14, 2026, BNP Paribas analyst Nick Jones began covering DoorDash, Inc. (NASDAQ:DASH), giving it an 'Outperform' rating and setting a price target of $280.
Earlier that month, on January 8, 2026, Cantor Fitzgerald increased its price target for DoorDash from $270 to $285. The firm maintained an 'Overweight' rating. It noted ongoing macroeconomic challenges but expressed a more optimistic view on global internet stocks. This outlook comes as artificial intelligence enters a phase of synergy, characterized by faster revenue growth, better value capture, and more defined long-term investment returns.
In a different move, Wolfe Research adjusted its DoorDash price target downward on January 6, 2026, from $275 to $270. The firm kept an 'Outperform' rating. Wolfe Research anticipates 2026 will be another robust year for internet stocks. However, it suggested that the exceptional performance seen in the previous three years might not continue, given currently high valuations for some stocks in its coverage. The firm's positive sector view depends on potential gains from AI advancements, a relatively stable macroeconomic backdrop, and effective capital deployment.
DoorDash, Inc. operates a platform for food delivery and logistics.