Brokerage Firm: DoorDash Stock Could Surge 19%

Core Viewpoint - DoorDash Inc's shares are experiencing a slight decline despite an upgrade from JPMorgan Securities, which has raised its price target significantly, indicating potential for further growth in the stock [1][2]. Group 1: Stock Performance - DoorDash's shares are currently trading at $271.71, down 0.6% [1]. - The stock reached a record high of $284.41 on October 7 but has since retreated, now hovering around the $270 mark [2]. - The equity has surged 61% in 2025, indicating strong performance year-to-date [2]. Group 2: Analyst Recommendations - JPMorgan Securities upgraded DoorDash's rating to "overweight" from "neutral" and increased its price target from $175 to $325, suggesting a potential 19% increase in the stock price due to global expansion [1]. - There is potential for further upgrades, as 12 brokers currently maintain a "hold" recommendation on DoorDash [1]. Group 3: Trading Activity - Short-term traders have shown increased interest in call options, as indicated by the Schaeffer's put/call open interest ratio (SOIR) of 0.32, which is in the 13th percentile of annual readings [2].