Wells Fargo raises DoorDash PT on healthy growth outlook
ReutersJan 8, 2026 3:29 PM
Wells Fargo raises PT on online food delivery platform DoorDash DASH.O to $251 from $239
New PT represents 8.8% upside to stock's last close
Brokerage says growth outlook remains healthy in a stable competitive environment
Shift towards grocery, European expansion after the Deliveroo deal and continued investment to support growth could lead to a wider range of EBITDA growth outcomes through 2026, brokerage says
35 of 46 brokerages rate the stock "buy" or "higher", 11 "hold"; their median PT is $280 - LSEG
Including session's move, DASH up 29.5% in the last 12 months
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