Buy DoorDash Stock Now for a ‘Banner’ 2026, According to Analysts

Core Insights - DoorDash (DASH) started 2025 positively but has seen a 29% decline in stock value due to heavy spending and an earnings miss, although Wall Street remains optimistic about the stock [1][2] - Needham has lowered its price target from $300 to $275 but maintains a "Buy" rating, citing strong order trends and growth in Gross Order Value (GOV) [2][3] - The firm anticipates DoorDash will double its post-pandemic GOV within four years, indicating strong demand and effective execution [2] - DoorDash achieved its DashPass subscriber growth target, which is expected to enhance order frequency starting in 2026, positioning 2025 as a potentially significant year for the company [3] Company Overview - DoorDash has evolved into a leading local commerce platform, facilitating deliveries of various items including meals, groceries, and convenience goods [4] - The company operates in over 40 countries and has expanded its international presence through acquisitions like Deliveroo and Wolt, while focusing on local markets [5] - AI technology plays a crucial role in optimizing delivery routes and recommending popular restaurants and dishes to customers [5][6] - Currently valued at approximately $87 billion in market capitalization, DoorDash has significantly grown since its IPO in December 2020, becoming a notable player during the pandemic [6]