Instacart's stock surged after reports that grocery delivery's biggest rivals are circling the company for a potential acquisition, but one named buyer has already walked away and the other carries serious antitrust baggage.
Shares of Instacart (NASDAQ:CART | CART Price Prediction) jumped in the last minutes of trading on October 23, 2026. A report at around 3:56 PM ET said the grocery delivery company is exploring a sale. The stock closed up $4.76, or 9.21%, at $56.44, just under its 52-week high of $57.98.
People familiar with the matter said Instacart has held preliminary talks with Uber (NYSE:UBER) and DoorDash (NASDAQ:DASH) and is working with an investment bank. The talks were described as early and ongoing, and they may not produce a deal.
Hours later, a second report said Instacart had approached Uber in recent weeks, and Uber walked away. Talks with other companies continue. Instacart declined to comment, no company has confirmed talks, and nobody has made a bid.
Both of the named buyers fell. Uber dropped 3.43% to $66.70, and DoorDash fell 3.53% to $179.38, so shareholders are more worried about overpaying than excited about the asset.
What a Buyer Would Actually Get Instacart makes money and generates cash. Second-quarter revenue rose 14% to $1.043 billion. Net income was $111 million and free cash flow was $480 million on 90.3 million orders.
Advertising and other revenue grew 16%, and Instacart sells e-commerce software and Caper smart carts to retailers. A buyer would get a retail advertising business along with the delivery network.
DoorDash would likely value Instacart most, because U.S. grocery and retail already drive its order growth. With a $77.72 billion market cap against Instacart’s $13.07 billion, DoorDash could afford the deal. The purchase would also give DoorDash its closest grocery competitor.
Uber already lets customers order Uber Eats through the Instacart app. Uber is also absorbing its nearly $15 billion Delivery Hero deal from July and a pending ezCater purchase, which likely explains why it reportedly stepped away.
Why Instacart Would Sell Now Instacart’s revenue grew 11% in both 2024 and 2025, while DoorDash’s grew 28% last year. Retailers are building their own digital channels, and bigger platforms bundle delivery with other services.
The stock’s run gives Instacart more leverage in any negotiation. Shares rose 31.38% over one month and 43.18% over one year. The close sits about 88% above the $30 IPO price, although that is still far below the $39 billion valuation Instacart announced in early 2021.
Antitrust Risk Limits the Premium DoorDash reportedly discussed buying Instacart in 2021 at a likely $40 billion to $50 billion, and those talks fell apart partly over antitrust concerns. Industry analyst Zak Stambor said the Trump administration has shown “greater willingness” to approve deals, possibly on the condition that parts of the business are sold off. If a buyer has to sell off pieces, it would likely pay less for the whole.
Instacart was worth about $12 billion at the October 22 close. A typical takeover premium of 30% to 40% means roughly $16 billion to $17 billion, but that range is only an example, and no buyer has offered it. At $13.07 billion, the stock already reflects part of that premium.
What Investors Should Watch Before Instacart’s November 5 Report The gain rests on anonymous sources, one of the two named buyers has reportedly walked away, and the most likely remaining buyer carries antitrust risk.
Chief executive Chris Rogers said on the August 6 call, “Our business is performing incredibly well.” Results on November 5 will test that claim against guidance of $10.30 billion to $10.55 billion in GTV (gross transaction value, the total dollar value of orders) and $320 million to $340 million in adjusted EBITDA.
DoorDash offers a useful comparison. It is down 20.8% this year, yet its second-quarter revenue rose 35.6%. DoorDash remains the faster-growing company whether or not a deal happens.
Watch for a signed agreement or confirming filing by Instacart’s November 5 report. Without one, the stock would likely drift back toward its $51.68 close from before the report.
Contact [email protected] for any questions or corrections.
Grocery delivery giant Instacart has held preliminary discussions with Uber and DoorDash about a potential sale, The Information reported Friday.
An investment bank is helping Instacart, which is worth about $13 billion, assess its options, according to the report, which cited people familiar with the matter.
A takeover could fetch roughly $16 billion to $17 billion if a buyer pays a 30% to 40% premium, an estimate based on recent public tech deals.
Instacart, which was valued at $39 billion during the pandemic, is exploring a sale at a time when its market value stands at roughly $12 billion. REUTERS The potential sale comes as Uber and DoorDash expand their grocery delivery businesses and pursue multibillion-dollar acquisitions across the food delivery industry.
An Instacart spokesperson declined to comment when reached by The Post.
A takeover by either company could face antitrust scrutiny because of its competing grocery delivery operations.
Antitrust concerns helped derail DoorDash’s 2021 discussions to acquire Instacart at a valuation of $40 billion to $50 billion, The Information previously reported.
The discussions broke down partly over concerns about securing regulatory approval during the Biden administration, according to the report.
Instacart struck a deal with Uber in 2024 to offer restaurant delivery powered by Uber Eats through its grocery app.
Last year, Uber began using Instacart’s Carrot Ads technology to offer sponsored grocery placements on Uber Eats.
DoorDash previously held talks to acquire Instacart in 2021, but the discussions collapsed partly over antitrust concerns. Mojahid Mottakin – stock.adobe.com Earlier discussions between Uber and Instacart failed to advance as Uber pursued other acquisitions, The Information reported.
Instacart’s expansion into advertising has yet to close the revenue growth gap with Uber and DoorDash.
Instacart was valued at $39 billion in a 2021 private funding round amid a pandemic-era boom in grocery delivery.
By the time the company went public in 2023, its valuation had tumbled to roughly $10 billion.
Instacart shares have gained roughly 70% since the IPO. Its revenue growth slowed from 19% in 2023 to 11% in each of the following two years.
Uber, which has a market value of roughly $135 billion, is among the potential buyers that have held preliminary discussions with Instacart, according to The Information. ink drop – stock.adobe.com Instacart generated $480 million in free cash flow during the second quarter, while revenue increased 14% from a year earlier to just over $1 billion.
The company has said it plans to devote most of its free cash flow this year to repurchasing shares.
DoorDash recorded a 28% revenue increase in 2025, compared with 18% at Uber, whose business also includes ride-hailing.
Amazon, which owns Whole Foods, has also expanded its grocery delivery operations.
DoorDash, valued at roughly $80 billion, acquired Deliveroo and restaurant software firm SevenRooms in 2025, three years after buying European delivery platform Wolt for about $8 billion.
Uber, with a market value of about $135 billion, has agreed this year to pay roughly $15 billion for Delivery Hero and more than $2 billion for workplace catering service ezCater.
The Information reported that Uber’s recent dealmaking could complicate a potential bid for Instacart.
Instacart’s talks with prospective buyers have yet to produce an agreement, and a sale remains uncertain, according to the report.
Investors choosing between Airbnb (ABNB +1.19%) and DoorDash (DASH +0.81%) must weigh global travel dominance against the rapid expansion of local delivery services as both companies mature into profitable enterprises.
Airbnb connects travelers with unique stays and experiences worldwide, while DoorDash facilitates the delivery of food, groceries, and retail goods. Although they operate in different industries, both rely on massive network effects and are prominent names among consumer discretionary stocks today.
The case for AirbnbAirbnb operates a global marketplace for stays and travel experiences, serving hosts and guests in more than 220 countries and regions. The company generates a significant portion of its business from outside the United States, with approximately 61% of revenue coming from international listings in its latest annual report. Its strategy focuses on expanding the number of high-quality hosts and improving the user experience for travelers, often competing with established travel sites such as Booking Holdings and Expedia Group.
On a trailing-12-month (TTM) basis through Q2 2026, revenue reached $13.1 billion, representing a year-over-year growth rate of approximately 13%. The company reported net income of nearly $2.7 billion for the period, resulting in a net margin of roughly 20%. This high level of profitability demonstrates the company's ability to generate significant earnings from its travel marketplace operations even as it continues to invest in new international markets.
As of its June 2026 balance sheet, the debt-to-equity ratio was roughly 0.3x, meaning it holds $0.30 in total debt for every dollar of shareholder equity. The current ratio is approximately 1.4x, indicating the company has $1.40 in short-term assets for every $1 of liabilities due within one year.
Trailing free cash flow was nearly $4.9 billion. However, you should note that stock-based compensation accounted for roughly 34.3% of operating cash flow, inflating reported cash generation because it is a non-cash expense.
The case for DoorDashDoorDash provides a local commerce platform that connects merchants, consumers, and delivery workers, known as Dashers. By the end of 2025, the platform supported over 56 million monthly active users and partnered with more than 600,000 merchants. Its business strategy involves expanding beyond restaurant delivery into groceries and retail, while growing its subscription services, such as DashPass, to build customer loyalty in a competitive on-demand market.
TTM revenue reached nearly $16 billion, a sharp increase of nearly 34% from the prior year. The company achieved net income of close to $841 million during this fiscal period, reflecting a net margin of roughly 5%. While its net margin is lower than its travel-focused counterpart, the rapid revenue growth suggests the company is successfully capturing market share in the broader local delivery sector.
As of its June 2026 balance sheet, the current ratio was approximately 1.4x, indicating a healthy ability to cover short-term obligations with current assets. The debt-to-equity ratio was roughly 0.3x, showing a relatively conservative use of debt relative to equity.
TTM free cash flow for the year reached nearly $2.6 billion, but note that stock-based compensation accounted for roughly 43.2% of operating cash flow, inflating reported cash generation, as stock-based compensation is a non-cash expense added back in the cash flow statement.
Risk profile comparisonAirbnb faces significant regulatory and legal risks, including ongoing tax disputes in Italy and proposed fines in Spain that could impact its financial results. The company is also navigating the potential effects of the EU Short-Term Rental Regulation, which may change how it operates in key European cities. Furthermore, Airbnb must defend its market share against intense competition from hotel chains, search engines, and online travel agencies, including Booking Holdings.
DoorDash deals with complex labor and regulatory challenges, particularly regarding the classification of Dashers as independent contractors. Lawsuits and potential mandatory reclassifications could significantly increase its operating costs, as seen in previous settlements regarding courier pay in major cities.
Valuation comparisonBoth stocks trade at the same forward price-to-earnings (P/E) ratio. Airbnb trades at a higher sales multiple, reflecting its higher margins.
MetricAirbnbDoorDashForward P/E31x31xP/S ratio8.0x5.3xValuation metrics include those sourced from Financial Modeling Prep (FMP) and may differ from those of other data providers.
DoorDash is growing faster than Airbnb, indicating the potential for more upside as it continues to expand its platform into new markets and add more merchants. The stock trades at a forward PEG ratio of 0.6x, compared to nearly 2.0x for Airbnb.
DoorDash looks like the more undervalued growth stock right now. The business is benefiting from product improvements, more habitual consumer shopping behavior, higher DoorDash memberships, and higher order frequency. It is basically becoming the dominant online order platform for local stores.
Analysts expect Airbnb to grow earnings at an annualized rate of 16%, but consensus has DoorDash growing earnings at 42%. This suggests DoorDash has much more room to expand margins as it scales its platform, since it is at an earlier stage of growth than Airbnb.
At the same forward P/E of 31, DoorDash offers more earnings growth for the same price and is the stock I would buy.
Diversify Advisory Services LLC raised its position in DoorDash, Inc. (NASDAQ:DASH – Free Report) by 121.5% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 34,249 shares of the company’s stock after purchasing an additional 18,789 shares during the quarter. Diversify Advisory Services LLC’s holdings in DoorDash were worth $6,286,000 as of its most recent SEC filing.
Other large investors also recently added to or reduced their stakes in the company. Washington Trust Advisors Inc. boosted its position in shares of DoorDash by 81.0% during the second quarter. Washington Trust Advisors Inc. now owns 143 shares of the company’s stock worth $26,000 after buying an additional 64 shares during the period. Activest Wealth Management grew its stake in shares of DoorDash by 892.9% in the third quarter. Activest Wealth Management now owns 139 shares of the company’s stock valued at $26,000 after buying an additional 125 shares in the last quarter. Clark Wealth Partners raised its holdings in shares of DoorDash by 833.3% in the 3rd quarter. Clark Wealth Partners now owns 196 shares of the company’s stock valued at $36,000 after buying an additional 175 shares during the period. CENTRAL TRUST Co raised its holdings in shares of DoorDash by 269.4% in the 1st quarter. CENTRAL TRUST Co now owns 266 shares of the company’s stock valued at $40,000 after buying an additional 194 shares during the period. Finally, Ascentis Independent Advisors purchased a new stake in shares of DoorDash in the 1st quarter valued at $55,000. 90.64% of the stock is currently owned by institutional investors and hedge funds.
Key Stories Impacting DoorDash Here are the key news stories impacting DoorDash this week:
Positive Sentiment: BTIG reaffirmed its “Buy” rating and set a $225 price target, implying substantial upside from the reference price. The call may support investor confidence despite DoorDash’s premium valuation and recent earnings-per-share shortfall. Source: Benzinga. Positive Sentiment: DoorDash highlighted leading pizzerias in Chicago, New York, New Jersey and other markets through its national Top Pizza Spots list. The promotion reinforces consumer engagement, restaurant relationships and DoorDash’s brand visibility. Chicago pizzerias named to DoorDash Top Pizza Spots list Neutral Sentiment: Articles described customers trying restaurants and menu items available through DoorDash. These stories provide consumer exposure but are unlikely to materially affect revenue or valuation. New York pizzerias on DoorDash list Negative Sentiment: Grubhub’s co-founder has returned to compete with DoorDash, while a separate emerging delivery rival is promoting a model designed to eliminate customer fees. Increased price competition could pressure DoorDash’s take rates, promotions and customer retention. Grubhub co-founder challenges DoorDash Negative Sentiment: Several reports involved violent attacks on people making DoorDash deliveries, including the death of a driver and the shooting of a teenage relative. Although the incidents were not presented as corporate misconduct, they could renew concerns about courier safety, insurance costs and reputational risk. Reports of violence during DoorDash deliveries Negative Sentiment: A separate report said two children were left at a customer’s home instead of a food delivery, adding to unfavorable coverage around delivery-process controls. The direct financial impact appears limited, but repeated incidents may affect trust. Children reportedly left at DoorDash customer’s home Wall Street Analysts Forecast Growth Several equities analysts recently issued reports on DASH shares. Roth Capital increased their target price on DoorDash from $200.00 to $220.00 and gave the stock a “neutral” rating in a research note on Monday, August 10th. UBS Group reaffirmed a “buy” rating and issued a $295.00 target price on shares of DoorDash in a research report on Tuesday, September 8th. Citigroup reaffirmed a “market outperform” rating on shares of DoorDash in a research report on Wednesday, September 30th. Cantor Fitzgerald cut their price target on shares of DoorDash from $260.00 to $240.00 and set an “overweight” rating on the stock in a research note on Monday, October 12th. Finally, Barclays cut shares of DoorDash from an “equal weight” rating to a “strong sell” rating in a research report on Monday, August 24th. Two investment analysts have rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating, eight have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $254.95. Read Our Latest Stock Analysis on DASH
Insider Activity at DoorDash In other news, COO Keith Yandell sold 2,183 shares of DoorDash stock in a transaction dated Thursday, October 1st. The stock was sold at an average price of $183.69, for a total value of $400,995.27. Following the completion of the transaction, the chief operating officer owned 118,505 shares in the company, valued at approximately $21,768,183.45. This trade represents a 1.81% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Andy Fang sold 5,000 shares of the business’s stock in a transaction dated Thursday, October 1st. The stock was sold at an average price of $183.69, for a total value of $918,450.00. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 393,998 shares of company stock worth $85,861,330 over the last quarter. 44.90% of the stock is currently owned by insiders.
DoorDash Stock Down 3.8% Shares of NASDAQ DASH opened at $184.45 on Thursday. The stock has a market cap of $79.92 billion, a P/E ratio of 96.57 and a beta of 1.90. The company has a current ratio of 1.37, a quick ratio of 1.37 and a debt-to-equity ratio of 0.27. DoorDash, Inc. has a 12-month low of $143.30 and a 12-month high of $269.00. The business’s fifty day simple moving average is $203.54 and its 200-day simple moving average is $184.98.
DoorDash (NASDAQ:DASH – Get Free Report) last released its earnings results on Wednesday, August 5th. The company reported $0.46 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.47 by ($0.01). DoorDash had a net margin of 5.29% and a return on equity of 8.48%. The company had revenue of $4.45 billion during the quarter, compared to analysts’ expectations of $4.34 billion. During the same quarter last year, the business posted $0.65 earnings per share. The company’s revenue for the quarter was up 35.6% on a year-over-year basis. As a group, equities analysts predict that DoorDash, Inc. will post 2.51 EPS for the current fiscal year.
About DoorDash (Free Report)
DoorDash, Inc (NASDAQ:DASH) operates a local commerce platform that connects consumers with restaurants, grocery stores, convenience retailers and other merchants. Through its website and mobile applications, customers can browse products, place orders for delivery or pickup, and access related services.
The company provides merchants with ordering, delivery, logistics, marketing and payment tools. Its offerings include the DoorDash Marketplace, subscription programs such as DashPass, and delivery infrastructure that merchants can use through services including DoorDash Drive.
Further Reading Five stocks we like better than DoorDash GM Beat and Added a $20 Billion Buyback—Why Did the Stock Fall? Intercepting Growth: Karman Secures $218M Lockheed Martin Deal Tech Stocks Took a Hit—These 2 Pharma Stocks Are Near New Highs Chip Stocks Have Pulled Back—Here’s How 3 Semiconductor ETFs Stack Up for Investors Want to see what other hedge funds are holding DASH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for DoorDash, Inc. (NASDAQ:DASH – Free Report).
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DOORDASH, INC. INVESTOR ALERT: Scott+Scott Attorneys at Law LLP Investigates DoorDash, Inc.'s Directors and Officers for Breach of Fiduciary Duties -- DASH Scott+Scott Attorneys at Law LLP has launched an urgent investigation into whether certain officers and directors of DoorDash, Inc. (NASDAQ: DASH) failed to manage DoorDash in an acceptable manner, breaching their fiduciary duties to DoorDash, and whether DoorDash and its shareholders have suffered damages as a result. Attorney Joseph A. Pettigrew is heading the investigation—what shareholders need to know:
On September 22, 2026, DoorDash agreed to a $131.5 million settlement of claims by New York City regarding underpayment of DoorDash’s workers.If you own DoorDash common stock, join our investigation on behalf of DoorDash and its shareholders by filling out the form here.If you own DoorDash common stock and you wish to discuss this investigation—at no cost for you—please contact attorney Joe Pettigrew toll-free at (844) 818-6982 or [email protected].
About this investigation – FAQ:
Q1: What is this ongoing investigation into DoorDash about?
A: According to our investigation, owners of DoorDash common stock have been impacted by massive civil liability against DoorDash from settlement of litigation by New York City regarding underpayment of DoorDash workers. Scott+Scott has a decades-long track record in fighting for corporate governance and monetary recoveries on behalf of companies and their shareholders.
Q2: How does this Scott+Scott investigation work?
A: Joining our investigation is easy and at no cost for you. By filling out the form here, we will let you know your rights as a DoorDash shareholder, and how the process works and what you can expect. If you currently own DoorDash stock, we look forward to hearing from you.
To learn more about Scott+Scott, our attorneys, or complex case resolution, please visit www.scott-scott.com.
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View source version on businesswire.com: https://www.businesswire.com/news/home/20261020770798/en/
Disclosures I/we have no positions in any stocks mentioned, and have no plans to buy any new positions in the stocks mentioned within the next 72 hours.
NEW YORK--(BUSINESS WIRE)---- $DASH #NASDAQ--Scott+Scott Attorneys at Law LLP has launched an urgent investigation into whether certain officers and directors of DoorDash, Inc. (NASDAQ: DASH) failed to manage DoorDash in an acceptable manner, breaching their fiduciary duties to DoorDash, and whether DoorDash and its shareholders have suffered damages as a result. Attorney Joseph A. Pettigrew is heading the investigation—what shareholders need to know: On September 22, 2026, DoorDash agreed to a $131.5 million se.
IFP Advisors Inc boosted its position in shares of DoorDash, Inc. (NASDAQ:DASH – Free Report) by 43.8% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 38,548 shares of the company’s stock after acquiring an additional 11,743 shares during the quarter. IFP Advisors Inc’s holdings in DoorDash were worth $7,075,000 at the end of the most recent reporting period.
Other institutional investors also recently bought and sold shares of the company. MV Capital Management Inc. purchased a new position in DoorDash in the fourth quarter worth about $26,000. Activest Wealth Management lifted its stake in shares of DoorDash by 892.9% in the 3rd quarter. Activest Wealth Management now owns 139 shares of the company’s stock worth $26,000 after purchasing an additional 125 shares during the period. Washington Trust Advisors Inc. lifted its stake in shares of DoorDash by 81.0% in the 2nd quarter. Washington Trust Advisors Inc. now owns 143 shares of the company’s stock worth $26,000 after purchasing an additional 64 shares during the period. CENTRAL TRUST Co lifted its stake in shares of DoorDash by 269.4% in the 1st quarter. CENTRAL TRUST Co now owns 266 shares of the company’s stock worth $40,000 after purchasing an additional 194 shares during the period. Finally, Ascentis Independent Advisors purchased a new position in shares of DoorDash in the first quarter worth approximately $55,000. Institutional investors own 90.64% of the company’s stock.
Analyst Upgrades and Downgrades
Several brokerages recently issued reports on DASH. KeyCorp cut their target price on shares of DoorDash from $280.00 to $275.00 and set an “overweight” rating for the company in a research report on Tuesday, July 14th. Jefferies Financial Group increased their price target on shares of DoorDash from $225.00 to $250.00 and gave the stock a “buy” rating in a research report on Tuesday, August 11th. Guggenheim reiterated a “buy” rating and set a $255.00 price target on shares of DoorDash in a research note on Wednesday. JPMorgan Chase & Co. boosted their price objective on shares of DoorDash from $250.00 to $262.00 in a research report on Wednesday, August 5th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of DoorDash in a research note on Friday, August 7th. Two analysts have rated the stock with a Strong Buy rating, thirty-one have issued a Buy rating, eight have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $254.95.
View Our Latest Research Report on DoorDash
DoorDash Stock Performance
DoorDash stock opened at $189.15 on Monday. The firm has a 50 day moving average of $204.83 and a 200 day moving average of $184.18. The firm has a market capitalization of $81.96 billion, a price-to-earnings ratio of 99.03 and a beta of 1.90. DoorDash, Inc. has a 12-month low of $143.30 and a 12-month high of $269.00. The company has a current ratio of 1.37, a quick ratio of 1.37 and a debt-to-equity ratio of 0.27.
DoorDash (NASDAQ:DASH – Get Free Report) last posted its quarterly earnings results on Wednesday, August 5th. The company reported $0.46 earnings per share for the quarter, missing analysts’ consensus estimates of $0.47 by ($0.01). The firm had revenue of $4.45 billion during the quarter, compared to the consensus estimate of $4.34 billion. DoorDash had a return on equity of 8.48% and a net margin of 5.29%. The business’s revenue for the quarter was up 35.6% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.65 earnings per share. As a group, research analysts predict that DoorDash, Inc. will post 2.51 earnings per share for the current year.
Key Headlines Impacting DoorDash
Here are the key news stories impacting DoorDash this week:
Positive Sentiment: DoorDash is broadening its marketplace in Australia through a partnership with Woolworths Group’s BIG W, adding more than 35,000 everyday products with delivery potentially within 60 minutes. The expansion could increase order frequency beyond restaurants. BIG W Lands on DoorDash App
Positive Sentiment: The company is promoting its consumer reach through a new apparel-delivery relationship with SKIMS and by publishing its 2026 list of leading pizzerias. These initiatives support DoorDash’s strategy of becoming a broader local-commerce platform, although their near-term financial impact is unclear. DoorDash Delivers SKIMS
Neutral Sentiment: DoorDash continues to receive broad analyst support, with the referenced coverage citing a “Moderate Buy” consensus and an average price target of $254.95. However, the stock’s valuation remains demanding, with a reported P/E ratio near 100.
Negative Sentiment: CFO Ravi Inukonda sold 1,017 shares for approximately $198,315 under a pre-arranged Rule 10b5-1 plan. The transaction reduced his holdings by only 0.46%, limiting its significance, but it follows larger sales earlier in the year and may add modest pressure to sentiment. DoorDash CFO Stock Sale
Negative Sentiment: Recent reports describe lawsuits alleging sexual assault by DoorDash delivery drivers, a driver robbery, and an alleged shooting involving a delivery driver. These incidents are not evidence of company-wide operating failures, but they raise reputational, safety, insurance and potential litigation concerns. Jupiter Woman Sues DoorDash
Negative Sentiment: Customer complaints involving a chatbot allegedly offering and then denying a refund, along with viral reports of stolen or mishandled orders, could hurt perceptions of customer service and platform reliability. These stories are unlikely to materially change fundamentals alone but contribute to negative news flow. DoorDash Customer Refund Complaint
Insider Activity
In related news, Director Andy Fang sold 5,000 shares of the company’s stock in a transaction on Thursday, October 1st. The shares were sold at an average price of $183.69, for a total value of $918,450.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Ravi Inukonda sold 1,017 shares of the stock in a transaction on Monday, October 12th. The stock was sold at an average price of $195.00, for a total value of $198,315.00. Following the completion of the sale, the chief financial officer owned 217,911 shares of the company’s stock, valued at $42,492,645. The trade was a 0.46% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 393,998 shares of company stock worth $85,861,330. 44.90% of the stock is currently owned by insiders.
DoorDash Company Profile
(Free Report)
DoorDash, Inc (NASDAQ:DASH) operates a local commerce platform that connects consumers with restaurants, grocery stores, convenience retailers and other merchants. Through its website and mobile applications, customers can browse products, place orders for delivery or pickup, and access related services.
The company provides merchants with ordering, delivery, logistics, marketing and payment tools. Its offerings include the DoorDash Marketplace, subscription programs such as DashPass, and delivery infrastructure that merchants can use through services including DoorDash Drive.
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First Citizens Bank & Trust Co. bought a new position in shares of DoorDash, Inc. (NASDAQ:DASH – Free Report) during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor bought 32,279 shares of the company’s stock, valued at approximately $5,925,000.
A number of other hedge funds also recently added to or reduced their stakes in DASH. Krilogy Financial LLC grew its stake in DoorDash by 407.0% during the 3rd quarter. Krilogy Financial LLC now owns 7,945 shares of the company’s stock worth $1,458,000 after purchasing an additional 6,378 shares in the last quarter. NorthCrest Asset Manangement LLC purchased a new stake in DoorDash during the 3rd quarter worth about $1,354,000. Eastern Bank purchased a new stake in DoorDash during the 3rd quarter worth about $69,000. QRG Capital Management Inc. raised its position in DoorDash by 191.2% in the 2nd quarter. QRG Capital Management Inc. now owns 251,374 shares of the company’s stock valued at $46,386,000 after purchasing an additional 165,039 shares in the last quarter. Finally, Envestnet Portfolio Solutions Inc. raised its position in DoorDash by 501.7% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 29,211 shares of the company’s stock valued at $5,390,000 after purchasing an additional 24,356 shares in the last quarter. 90.64% of the stock is currently owned by institutional investors and hedge funds.
Analyst Ratings Changes Several equities analysts have recently issued reports on the company. Argus lifted their price objective on DoorDash from $190.00 to $270.00 in a research note on Thursday, August 27th. UBS Group reissued a “buy” rating and set a $295.00 price objective on shares of DoorDash in a research report on Tuesday, September 8th. TD Cowen upped their target price on shares of DoorDash from $225.00 to $240.00 and gave the stock a “buy” rating in a research note on Thursday, August 6th. Scotiabank initiated coverage on shares of DoorDash in a report on Wednesday, September 9th. They issued a “sector outperform” rating and a $275.00 target price on the stock. Finally, Barclays cut shares of DoorDash from an “equal weight” rating to a “strong sell” rating in a report on Monday, August 24th. Two investment analysts have rated the stock with a Strong Buy rating, thirty-one have given a Buy rating, eight have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, DoorDash presently has an average rating of “Moderate Buy” and an average price target of $254.95.
Check Out Our Latest Report on DASH Insider Buying and Selling at DoorDash In other news, CEO Tony Xu sold 29,567 shares of the firm’s stock in a transaction dated Monday, August 24th. The stock was sold at an average price of $230.00, for a total transaction of $6,800,410.00. Following the sale, the chief executive officer owned 1,500 shares of the company’s stock, valued at approximately $345,000. This trade represents a 95.17% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Ravi Inukonda sold 19,505 shares of the firm’s stock in a transaction dated Thursday, August 20th. The stock was sold at an average price of $220.62, for a total value of $4,303,193.10. Following the sale, the chief financial officer directly owned 232,938 shares in the company, valued at $51,390,781.56. This trade represents a 7.73% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last quarter, insiders sold 393,998 shares of company stock worth $85,861,330. Corporate insiders own 44.90% of the company’s stock.
DoorDash Stock Performance Shares of DASH stock opened at $184.01 on Thursday. The company has a market cap of $79.73 billion, a P/E ratio of 96.34 and a beta of 1.90. The firm has a fifty day moving average price of $205.78 and a 200 day moving average price of $183.57. The company has a current ratio of 1.37, a quick ratio of 1.37 and a debt-to-equity ratio of 0.27. DoorDash, Inc. has a 12 month low of $143.30 and a 12 month high of $285.50.
DoorDash (NASDAQ:DASH – Get Free Report) last posted its quarterly earnings results on Wednesday, August 5th. The company reported $0.46 earnings per share for the quarter, missing analysts’ consensus estimates of $0.47 by ($0.01). DoorDash had a net margin of 5.29% and a return on equity of 8.48%. The business had revenue of $4.45 billion during the quarter, compared to analyst estimates of $4.34 billion. During the same quarter in the prior year, the business earned $0.65 earnings per share. The firm’s quarterly revenue was up 35.6% on a year-over-year basis. Sell-side analysts predict that DoorDash, Inc. will post 2.51 earnings per share for the current fiscal year.
Key DoorDash News Here are the key news stories impacting DoorDash this week:
Positive Sentiment: DoorDash is partnering with Woolworths Group to bring BIG W to its Australian marketplace, offering more than 35,000 everyday products with delivery in as little as 60 minutes. The agreement expands DoorDash’s retail selection and supports its strategy of increasing order frequency beyond restaurant delivery. BIG W Lands on DoorDash App Positive Sentiment: DoorDash launched an on-demand delivery collaboration with SKIMS, giving customers access to apparel and related products. The partnership, supported by Kim Kardashian-focused marketing, could improve consumer awareness of DoorDash’s non-food offerings. SKIMS and DoorDash Partnership Positive Sentiment: DoorDash is expanding into Geraldton, Kalgoorlie and Horsham in Australia, indicating continued investment in regional coverage and potential long-term marketplace growth. DoorDash Regional Australian Expansion About DoorDash (Free Report)
DoorDash, Inc is a technology company that operates a local commerce platform connecting consumers with restaurants, grocery stores, convenience retailers and other merchants. Through its DoorDash app and website, customers can discover businesses, place orders for delivery or pickup, and access related services. The company also provides merchants with tools for online ordering, logistics, customer engagement, advertising and business analytics.
DoorDash generates additional activity through subscription programs such as DashPass, which provides participating customers with delivery-related benefits, and through its logistics and commerce solutions for merchants.
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NorthCrest Asset Manangement LLC bought a new position in DoorDash, Inc. (NASDAQ:DASH – Free Report) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 7,378 shares of the company’s stock, valued at approximately $1,354,000.
A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Washington Trust Advisors Inc. increased its position in shares of DoorDash by 81.0% in the second quarter. Washington Trust Advisors Inc. now owns 143 shares of the company’s stock valued at $26,000 after acquiring an additional 64 shares during the period. Premier Path Wealth Partners LLC raised its stake in shares of DoorDash by 2.7% during the second quarter. Premier Path Wealth Partners LLC now owns 2,520 shares of the company’s stock valued at $465,000 after acquiring an additional 67 shares during the last quarter. V Square Quantitative Management LLC raised its stake in shares of DoorDash by 3.3% during the first quarter. V Square Quantitative Management LLC now owns 2,327 shares of the company’s stock valued at $349,000 after acquiring an additional 74 shares during the last quarter. Rehmann Capital Advisory Group raised its stake in shares of DoorDash by 8.0% during the fourth quarter. Rehmann Capital Advisory Group now owns 1,107 shares of the company’s stock valued at $251,000 after acquiring an additional 82 shares during the last quarter. Finally, MassMutual Private Wealth & Trust FSB boosted its holdings in shares of DoorDash by 14.1% during the second quarter. MassMutual Private Wealth & Trust FSB now owns 850 shares of the company’s stock worth $157,000 after purchasing an additional 105 shares during the period. 90.64% of the stock is currently owned by institutional investors.
Insider Buying and Selling In related news, Director Andy Fang sold 15,000 shares of the company’s stock in a transaction on Tuesday, September 1st. The stock was sold at an average price of $228.31, for a total value of $3,424,650.00. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Prabir Adarkar sold 55,289 shares of the company’s stock in a transaction on Tuesday, August 25th. The stock was sold at an average price of $231.76, for a total value of $12,813,778.64. Following the completion of the sale, the chief operating officer directly owned 930,211 shares in the company, valued at approximately $215,585,701.36. The trade was a 5.61% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 393,998 shares of company stock worth $85,861,330 over the last quarter. Company insiders own 44.90% of the company’s stock.
Analyst Ratings Changes Several analysts recently issued reports on the company. Scotiabank started coverage on DoorDash in a research note on Wednesday, September 9th. They issued a “sector outperform” rating and a $275.00 target price on the stock. Barclays downgraded DoorDash from an “equal weight” rating to a “strong sell” rating in a report on Monday, August 24th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of DoorDash in a research report on Friday, August 7th. Jefferies Financial Group upped their price target on DoorDash from $225.00 to $250.00 and gave the company a “buy” rating in a research report on Tuesday, August 11th. Finally, Sanford C. Bernstein reiterated an “outperform” rating on shares of DoorDash in a report on Thursday, September 3rd. Two research analysts have rated the stock with a Strong Buy rating, thirty-one have issued a Buy rating, eight have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $254.95. Read Our Latest Report on DoorDash
DoorDash Stock Performance Shares of DASH opened at $184.01 on Thursday. The company has a 50-day simple moving average of $205.78 and a two-hundred day simple moving average of $183.57. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.37 and a quick ratio of 1.37. The firm has a market capitalization of $79.73 billion, a PE ratio of 96.34 and a beta of 1.90. DoorDash, Inc. has a one year low of $143.30 and a one year high of $285.50.
DoorDash (NASDAQ:DASH – Get Free Report) last posted its earnings results on Wednesday, August 5th. The company reported $0.46 earnings per share for the quarter, missing analysts’ consensus estimates of $0.47 by ($0.01). DoorDash had a return on equity of 8.48% and a net margin of 5.29%. The firm had revenue of $4.45 billion for the quarter, compared to analysts’ expectations of $4.34 billion. During the same quarter last year, the company posted $0.65 EPS. The firm’s revenue was up 35.6% on a year-over-year basis. On average, analysts anticipate that DoorDash, Inc. will post 2.51 EPS for the current fiscal year.
DoorDash News Summary Here are the key news stories impacting DoorDash this week:
Positive Sentiment: DoorDash is partnering with Woolworths Group to bring BIG W to its Australian marketplace, offering more than 35,000 everyday products with delivery in as little as 60 minutes. The agreement expands DoorDash’s retail selection and supports its strategy of increasing order frequency beyond restaurant delivery. BIG W Lands on DoorDash App Positive Sentiment: DoorDash launched an on-demand delivery collaboration with SKIMS, giving customers access to apparel and related products. The partnership, supported by Kim Kardashian-focused marketing, could improve consumer awareness of DoorDash’s non-food offerings. SKIMS and DoorDash Partnership Positive Sentiment: DoorDash is expanding into Geraldton, Kalgoorlie and Horsham in Australia, indicating continued investment in regional coverage and potential long-term marketplace growth. DoorDash Regional Australian Expansion DoorDash Profile (Free Report)
DoorDash, Inc is a technology company that operates a local commerce platform connecting consumers with restaurants, grocery stores, convenience retailers and other merchants. Through its DoorDash app and website, customers can discover businesses, place orders for delivery or pickup, and access related services. The company also provides merchants with tools for online ordering, logistics, customer engagement, advertising and business analytics.
DoorDash generates additional activity through subscription programs such as DashPass, which provides participating customers with delivery-related benefits, and through its logistics and commerce solutions for merchants.
See Also Five stocks we like better than DoorDash Tesla Wants to Make Its Own Chips—What Could Go Wrong? IREN Limited’s AI Pivot Gains Traction—But Can Its Data Centers Deliver? PBF Energy’s Stunning Rally Faces a Critical Test Citi Stock Falls Despite Earnings Beat: What Investors Need to Know
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SAN FRANCISCO--(BUSINESS WIRE)--DoorDash, Inc. (NASDAQ: DASH) today announced that the company's third quarter 2026 financial results will be released after the U.S. financial markets close on Wednesday, November 4, 2026. The company's earnings press release will be made available on the DoorDash Investor Relations website at ir.doordash.com. DoorDash will host a conference call to discuss its results and guidance at 1:30 p.m. PT / 4:30 p.m. ET the same day. Interested parties may register for.
Key Points:Bullish weekly reversal signals a potential correction bottom.$174.04 support established a higher swing low.$191.40 close would confirm the weekly breakout.$255 emerges as a major confluence target.$188.08 support is key to near-term upside momentum.Bullish Reversal Puts Buyers Back in Control DoorDash, Inc. (DASH) triggered a bullish weekly reversal signal this week, suggesting that its bearish correction may have bottomed and that buyers are regaining control. The signal triggered on a rally above $178.04. This suggests that the bearish correction may have reached a bottom and that the stock is starting to attract buyers again.
Last week’s low of $174.04 established support for the correction and completed a 61.8% Fibonacci retracement of the prior full advance. It is now a higher swing low and indicates a likely continuation of the bullish trend structure. The advance triggered a breakout above a weekly bullish hammer candlestick pattern, adding to the technical bullish evidence. Confirmation of the weekly breakout will occur with a weekly closing price above last week’s high of $191.40.
DASH weekly chart shows first pullback after significance breakout may be complete Multiple Signals Reinforce Breakout The weekly breakout has additional technical significance for several reasons. It indicates the likely completion of the first pullback after a major breakout from a double bottom pattern that triggered in late July. Resistance at the neckline of the pattern is $191.17, which was recovered this week after a brief drop below that level. Moreover, resistance near last week’s high is also indicated by the confluence of the 20-week moving average and the 50-week moving average, adding to the significance of the breakout signal. In addition, the 20-week moving average is rising and will soon cross above the 50-week average, providing an indication of improving bullish momentum.
DASH daily chart shows support holding near the 200-day moving average $255 Emerges as a Major Target Resistance near $255 is defined by the confluence of several indicators and therefore represents a potential upside target area. That price area is defined by the measured move target from the double bottom pattern, the 78.6% Fibonacci retracement of the prior decline, and a 127.2% Fibonacci extension of the recent pullback. In addition, long-term resistance from 2021 is near $256.09. This confluence strengthens the significance of the $255 area as a potential target if bullish momentum continues.
$188.08 Sets Near-Term Line in the Sand This week’s higher weekly low of $188.08 is key short-term support, and if it breaks, then a deeper pullback into last week’s range becomes possible before upside follow-through. However, holding above this week’s low would provide a stronger indication of growing demand and help confirm that the correction has ended. This would reinforce the bullish reversal signal that opened the week’s advance and keep DASH positioned for further upside.
About the Author
With over 20 years of experience in financial markets, Bruce is a seasoned finance MBA and CMT® charter holder. Having worked as head of trading strategy at hedge funds and a corporate advisor for trading firms, Bruce shares his expertise in futures to retail investors, providing actionable insights through both technical and fundamental analyses.
NEW YORK--(BUSINESS WIRE)---- $DASH #NASDAQ--Scott+Scott Attorneys at Law LLP has launched an urgent investigation into whether certain officers and directors of DoorDash, Inc. (NASDAQ: DASH) failed to manage DoorDash in an acceptable manner, breaching their fiduciary duties to DoorDash, and whether DoorDash and its shareholders have suffered damages as a result. Attorney Joseph A. Pettigrew is heading the investigation—what shareholders need to know:On September 22, 2026, DoorDash agreed to a $131.5 million sett.
The partnership marks Coco Robotics' UK debut as it accelerates expansion across Europe
The rollout is due to begin in London's Canary Wharf before expanding to several other towns and cities in the coming months
The partnership follows the successful collaboration between Coco, DoorDash and Wolt in the U.S. and other geographies
, /PRNewswire/ -- Coco Robotics, one of the largest sidewalk delivery operators across the U.S. and Europe, and Deliveroo, a brand within DoorDash's global portfolio, are set to bring robot deliveries to towns and cities across the UK through a new strategic partnership.
Coco Robotics will launch in multiple locations, beginning with Canary Wharf in London this October, before launching in Milton Keynes, Leeds, Stockton on Tees and Nottingham in the coming weeks and months.
A Coco Robotics delivery robot in London The launches have been welcomed by local authorities across the UK in a positive sign of support for the innovative new service and job creation the partnership will bring. Coco is also in discussions with other councils across both London and the UK.
Consumers will initially be able to order from the likes of Patty&Bun, independent family-run brands like bakery Signorelli and cafe and restaurant Beam, in Wood Wharf, Canary Wharf, before the service area expands to include a wider pool of merchants at a later stage, including Ole & Steen, Royal China and Din Tai Fung. In Milton Keynes, consumers will be able to order from Smoke and Pepper amongst others when the service rolls out.
The multi-city rollout marks Coco's entry into the UK, extending the company's broader expansion across Europe. The launch will be backed by local investment in UK operational infrastructure, creating new skilled jobs in operations, maintenance and logistics across each region, supported by new depot and charging facilities.
The partnership represents a significant milestone in Deliveroo's autonomous delivery journey, marking its first use of autonomous delivery vehicles in the UK. The move reflects the company's strategy to develop a multi-modal last-mile delivery approach by scaling new delivery methods for consumers and merchants, building on learnings from other geographies.
While the majority of orders will continue to be fulfilled by Deliveroo's extensive rider network, Coco's fully electric robots are suited to short-distances and navigating urban environments, offering additional flexibility to local businesses on Deliveroo's platform to fulfill more orders.
Built to travel safely and navigate busy urban environments, Coco's robots operate at walking pace, moving safely along sidewalks while carrying orders directly to customers. Each delivery is zero-emission and reduces urban congestion.
Through its partnership with BlindSquare, Coco will also share real-time data on sidewalk hazards identified by its robots, so that the company can update its app to help alert blind and partially sighted pedestrians to obstacles ahead.
Zach Rash, CEO and co-founder of Coco Robotics: "We're thrilled to be bringing Coco to the UK with Deliveroo as our launch partner, building on our existing partnership with DoorDash. The interest here has been incredible, and we're committed to building something that creates lasting value for local merchants and the communities they serve. As we expand further across the UK, we look forward to giving more businesses another reliable delivery option and more communities access to the kind of infrastructure that makes delivery work better for everyone."
Miki Kuusi, CEO at Deliveroo and Head of DoorDash International: "London is where Deliveroo was born, so it feels fitting that we're launching our first UK autonomous delivery service with Coco Robotics here before expanding our exclusive partnership to more towns and cities nationwide, building on our partnership in other geographies."
"We see huge potential in autonomous delivery and we are looking forward to working with Coco to bring more flexibility to our delivery network, helping local restaurants and shops meet increasing consumer demand. We firmly believe that robot and drone technology should benefit High Street businesses of all sizes, helping them remain competitive and meet consumers in new ways."
Ilkka Pirttimaa, Founder, BlindSquare: "This isn't theoretical anymore. We're seeing firsthand how Coco's real-time sidewalk data delivers tangible safety improvements for our users in every city where we operate together. Coco's robots are essentially a real-time accessibility mapping network, feeding hazard data, discarded e-scooters, temporary construction, straight into BlindSquare's self-voicing app, giving blind and partially sighted pedestrians the crucial seconds they need to navigate safely. London is historic, dynamic, and often challenging to navigate. Bringing this safety layer here is a major step forward, and it's what autonomous technology should look like in a city. Coco's robots don't just share the sidewalk, they help make it more accessible for everyone."
Mayor of the East Midlands, Claire Ward, said: "The East Midlands is determined to be a leader in the adoption of new technologies, and Coco's UK launch is exactly the kind of opportunity that reflects our ambitions for the region. We look forward to working with Coco Robotics to explore the potential for autonomous delivery and the benefits it could bring to businesses, residents and visitors."
Ben Houchen, Mayor of Tees Valley: "Teesside, Darlington and Hartlepool have built a reputation for turning innovation into reality, and Coco Robotics choosing our region as one of its first UK launches is another major vote of confidence in everything we're building here. This project will bring more cutting-edge tech, new investment and good-quality opportunities for local people — further proof that Teesside is one of the best places in the country to grow and invest in industries of the future."
Jacinta Rowsell, Managing Director of Operations at Canary Wharf Group: "It's exciting to be the first UK launch for Coco and Deliveroo's autonomous delivery partnership. Canary Wharf is built on an ambitious vision, one which supports and encourages growth and innovation, and our partnership with Coco is a great example of this."
DoorDash and Wolt partner with Coco across multiple cities across the globe, including Los Angeles, San Jose, Chicago, Miami, Washington D.C. and Helsinki. Deliveroo, Wolt and DoorDash are also exploring different forms of autonomous vehicles across multiple geographies, and DoorDash continues to invest in autonomous delivery solutions. The companies have established partnerships with multiple leading aerial drone and ground-based robot operators, and DoorDash has developed its own in-house autonomous delivery robot, Dot, which is operating across the greater Phoenix area in Arizona.
How Coco robots work
Coco robots operate at a walking pace and use onboard sensors, cameras, and AI-driven navigation to move along sidewalks. The system processes real-time environmental data at the edge, without relying on cloud connectivity, allowing the robot to perceive and respond to its surroundings as conditions change. Each robot is designed to operate within the existing flow of pedestrian and urban traffic rather than requiring dedicated infrastructure.
Deployment in any new location is always phased and aligned with local regulations. Coco's control software enforces location-specific speed limits and routing policies, and supervising operators are trained on local rules and street conditions. The robot is designed to move predictably and yield where appropriate. The objective is to complement urban mobility systems, not interfere with them.
About Coco Robotics
Coco Robotics is one of the largest robot delivery fleets across the U.S. and Europe, combining autonomous robots, real-world operations data, and advanced AI to power smarter, more efficient city logistics. Founded in 2020, Coco has completed more than 500,000 zero-emission deliveries across the U.S. and Europe for more than 4,500 restaurants and retailers. The fleet continuously learns from millions of miles of real-world operations, giving Coco instant adaptability to new cities and environments. Coco partners with leading delivery platforms including Deliveroo, DoorDash, and Wolt to bring autonomous delivery services to businesses and consumers around the world. For more information, visit cocodelivery.com.
About Deliveroo
Deliveroo is changing the way people eat and shop by bringing the neighbourhood to your door, unlocking a wealth of hyperlocal choice across restaurants, grocery and retail, with fast and reliable delivery, at the right price. Founded in 2013 by William Shu and Greg Orlowski, Deliveroo joined forces with DoorDash (NASDAQ: DASH) in 2025. Together, we operate in more than 40 countries. You can read more on the Deliveroo website.
Forward-Looking Statements
This communication contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements generally relate to future events, and such statements in this communication include, but are not limited to, expectations regarding the opportunity and expected benefits of the Deliveroo and Coco Robotics partnership and the expected plans for the launch and expansion of such partnership; and expectations regarding DoorDash's strategy and plans regarding autonomous delivery. Expectations and beliefs regarding these matters may not materialize, and actual results in future periods are subject to risks and uncertainties that could cause actual results to differ materially from those projected. For information on potential risks and uncertainties that could cause actual results to differ from any results predicted, please see DoorDash's Annual Report on Form 10-K for the year ended December 31, 2025 and its quarterly reports on Form 10-Q, each filed with the U.S. Securities and Exchange Commission.
Schall, Brown & Schwartz LLP (“SBS”), a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of DoorDash, Inc. (“DoorDash” or “the Company”) (NASDAQ: DASH) for violations of the securities laws.
INVESTIGATION DETAILS: The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. DoorDash agreed to a record $131.5 million settlement with New York City over allegations that it underpaid delivery workers and also made late payments. Based on this news, as well as investors concerns about AI’s impact on the Company, shares of DoorDash fell by more than 7.7% on September 28, 2026.
If you are a shareholder who suffered a loss, click here to participate.
We also encourage you to contact Brian Schall or David Schwartz of Schall, Brown & Schwartz LLP, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at [email protected].
WHY SBS? Schall, Brown & Schwartz LLP represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation. Bringing together the extensive experience and diverse skillsets of founding partners Brian Schall, Andrew Brown, and David Schwartz, SBS is dedicated to aggressively advocating for every investor.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
View source version on businesswire.com: https://www.businesswire.com/news/home/20261004465532/en/
Subscribers to Schaeffer's Weekend Trader options recommendation service received this DASH commentary on Sunday night, along with a detailed options trade recommendation -- including complete entry and exit parameters.
DoorDash customers can now order dinner by sending a text. The company's new artificial intelligence (AI) agent works inside Apple's Messages, builds the cart and handles checkout without the DoorDash app ever opening.
A new connector lets companies build internal AI tools for team lunches and office restocking, with a broader beta waitlist opening September 30
SAN FRANCISCO--(BUSINESS WIRE)--An office lunch can start with a message in Slack and turn into a string of follow-ups: choosing a restaurant, collecting everyone's order, and checking when the food will arrive. We want to make it easier for the person putting that meal together.
Today, we're introducing a DoorDash connector for corporate ordering. Companies can connect DoorDash to compatible internal AI tools their teams already use, or to agents they build themselves, so employees can arrange deliveries as part of their workday. SpaceXAI, Vercel, Cognition, Tempo, and Mercor are among our early beta partners using the connector for employee ordering.
The connector gives those agents the ability to find items on DoorDash, build a cart, place an order, and track its arrival. An employee can ask an agent to find a new lunch based on previous orders or set up a recurring daily meal delivery using an eligible corporate meal benefit. Local businesses fulfill the orders, with delivery through DoorDash.
Companies can also build shared tools around the way their teams work. A Slack bot, for example, could collect daily lunch requests in a thread and place the order for the group. Colleagues could add what they want in the conversation, with the bot handling the steps to get it delivered.
For teams keeping an office stocked, a company could connect an agent to its own inventory information and have it reorder snacks, drinks, or supplies through DoorDash as they run low. The company provides the context and instructions, and the connector gives its agent a way to act on them through DoorDash.
For local businesses, these connections offer another way for customers to find and order from them. A team can discover a restaurant for its next lunch through a workplace tool, with the order still running through DoorDash.
The connector uses the Model Context Protocol, or MCP, an open standard for connecting AI applications to external services. Companies can use it with compatible agents, including ones they develop in-house. Access begins at the company level, and employees sign in to their own DoorDash accounts and agree to the terms before connecting an agent to act on their behalf.
We're starting with a limited beta focused on companies ordering for their own employees. We'll use feedback from participating teams to improve the experience before expanding access further.
Beginning September 30, companies can join the waitlist https://developer.doordash.com/en-US/mcp/. We're also expanding beta access to the DoorDash command-line interface, or CLI, for individual developers building agents for personal use.
SAN FRANCISCO--(BUSINESS WIRE)--The restaurant experiences people remember are personal. That might mean a recommendation that feels made just for you, a loyalty reward ready to use when you walk through the door, or a server who already knows your usual order. These are the experiences that turn first-time customers into regulars, and regulars help restaurants grow. But the tools restaurants rely on to create these experiences often do not work together. Today, DoorDash (NASDAQ: DASH) introduc.
SAN FRANCISCO--(BUSINESS WIRE)--Starting today, DoorDash is introducing a new way to order by text, while adding even more ways to restock your groceries faster and score savings effortlessly. This launch expands on Ask DoorDash, our in-app assistant designed to help you find exactly what you want to order. With more than 800,000 menu items and grocery products available to an average person in the U.S.* to choose from on DoorDash, now it's easier than ever to zero in on exactly what you want a.
SAN FRANCISCO--(BUSINESS WIRE)--Today, DoorDash is expanding its retail Marketplace with new partnerships across apparel, beauty, and home: Macy's, Anthropologie, The North Face, Vans, and Timberland are all now available to shop, with fast delivery from the stores consumers already know. DoorDash is also launching a new return offering, making it just as easy to send something back as it was to order it. For retailers, it's new consumers and a new growth channel, from the stores they already h.
When DoorDash set out to build a drone delivery business, it started with the tricky logistics that happen on the ground before it looked up.
The autonomous drone came last, according to the company, which unveiled its new six-propeller aircraft at its annual Dash Forward 2026 event on Wednesday.
Before DoorDash worked on the aircraft, the company focused on ground infrastructure, including loading systems, how food would be handed off from a restaurant’s kitchen, and packaging.
DoorDash Labs, the R&D team that built its autonomous sidewalk delivery bot Dot, created the drone delivery service now called DoorDash Air. The same team also developed the underlying software, called the Autonomous Delivery Platform (ADP), to handle the coordination challenges in deliveries handled by humans, sidewalk delivery bots, and now drones.
The ADP software uses smart routing, incorporating factors like weather, flight range, and ground traffic to narrow down which orders actually make sense to send by air.
Image Credits:DoorDash The company’s systems-first strategy for its DoorDash Air business aligns with its strengths. DoorDash isn’t a hardware company, but it is sitting on 13 years of user data from the merchant and customer sides of the business. (DoorDash has previously disclosed that more than 500,000 restaurants are on its delivery marketplace.)
The company says it sized the whole DoorDash Air system around its historical order data, including how much orders weigh and how far they typically travel.
“We didn’t start with a drone and ask what would fit,” Harrison Shih, who heads up DoorDash Air, said in a statement. “We started with what people order and how local businesses actually operate, then built the entire system from there.”
DoorDash announced plans in July to launch the drone delivery business after receiving a Part 135 air carrier certification from the U.S. Federal Aviation Administration. The certification allows the company to legally operate a commercial drone delivery service in the United States.
The drone, which has six slow-spinning propellers mounted at the ends of its arms, is equipped with a winch to pick up, carry, and drop off packages.
DoorDash said it plans to kick off early pilot deliveries in Northern California with partners including Chipotle, Popeyes Louisiana Kitchen, and Momo N Curry.
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Kirsten Korosec is a reporter and editor who has covered the future of transportation from EVs and autonomous vehicles to urban air mobility and in-car tech for more than a decade. She is currently the transportation editor at TechCrunch and co-host of TechCrunch’s Equity podcast. She is also co-founder and co-host of the podcast, “The Autonocast.” She previously wrote for Fortune, The Verge, Bloomberg, MIT Technology Review and CBS Interactive.
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DoorDash announced on Wednesday that it’s launching a text-to-order AI agent that lets users place orders through Apple Messages. The new tool allows users to send prompts like “order my usual,” and the agent will understand that they mean their Friday night order.
DoorDash says users can also ask for a specific dish and request a local recommendation. The agent will then search local spots and suggest a cart based on the prompt, and even text photos of the food it recommends. When ordering for a group, DoorDash says the agent can handle mixed dietary preferences and different quantities in one order.
By launching an AI agent for food ordering, DoorDash is looking to gain an edge over rivals Uber Eats and Grubhub. The launch also comes amid a growing push to adopt personal AI agents that can handle tasks without requiring users to navigate apps or websites themselves.
DoorDash is opening up a waitlist for users in the U.S. to try out the new feature.
In addition to the new AI agent, DoorDash announced that it will begin testing its delivery drones with select restaurants in Northern California.
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DoorDash is testing a new text-to-order feature. Bloomberg/Getty Images DoorDash's latest pilot skips its app and asks customers to text in their orders.
Users can order food and groceries by texting the company like they would a friend or family member, DoorDash said on Wednesday. The text-ordering option is being beta-tested in the US, and users can join a waitlist to get access to it.
The new feature lands as delivery apps try to make it easier for customers to place orders, often with help from AI. Competition in the space is also growing with new delivery partnerships and even new entrants like Walmart.
The option lets users ask for suggestions on what they should order and can text the photos of food provided by restaurants, DoorDash said.
If customers already know what they want, they can text DoorDash a specific order or ask to reorder something they've bought before.
"It's less like traditional online ordering and more like texting a friend while they're standing in line at your local coffee shop," DoorDash said in a press release. "They already know your milk preference and can order your usual, or send you the menu so you can tell them what you want."
DoorDash's texting option comes as AI agents gain popularity. Some, such as Instinct, also allow users to text them with tasks to complete.
The texting interface is an expansion of Ask DoorDash, a chat function within the company's app designed to help users decide what to order, including by uploading a photo of a shopping list or a recipe.
"Managing tasks like ordering lunch or groceries shouldn't feel like work," DoorDash co-founder Andy Fang said. "We built a personal shopper that helps you discover and compare thousands of items while identifying ways for you to save on DoorDash.
Do you have a story idea about DoorDash? Contact this reporter at [email protected] or via encrypted messaging app Signal at 808-854-4501. Use a personal email address, a nonwork WiFi network, and a nonwork device; here's our guide to sharing information securely.
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Alex Bitter You're currently following this author! Click to unsubscribe from email alerts.
Alex Bitter is a senior retail reporter covering Uber, Lyft, DoorDash, Instacart, and related companies. His coverage ranges from the experiences of gig workers to what's happening inside the world's biggest ride-hailing and delivery companies.Alex has also written about the retail and food industries. Convenience store chain Sheetz ended its "smile policy" after his reporting. Alex lives in the Washington, DC, area, where you can find him studying ancient coins or searching for Civil War artifacts with his metal detector in his free time.Got a tip? Reach out at [email protected] or via encrypted messaging app Signal at +1 (808) 854-4501.
SAN FRANCISCO--(BUSINESS WIRE)--DoorDash today unveiled its purpose-built autonomous aircraft powered by DoorDash Air, and outlined plans for an end-to-end drone delivery system with infrastructure and delivery orchestration designed to scale for all local businesses. Pilot drone deliveries will begin in Northern California in partnership with national restaurant brands including Chipotle Mexican Grill and Popeyes Louisiana Kitchen®. Building from the Ground Up Our drone delivery system is desi.
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DoorDash is providing more ways for gig workers to earn cash, including by assisting autonomous systems such as robotaxis and delivery bots. Bloomberg/Getty Images DoorDash workers are increasingly doing more than just delivering as the company adds new services and autonomous offerings.
At the company's San Francisco headquarters on Tuesday, Cody Aughney, DoorDash's vice president of dasher & logistics, said its gig workers — known as Dashers — have completed more than 5 million tasks that didn't involve traditional delivery work since 2024.
Aughney said those tasks include assisting autonomous vehicles and helping retailers get updated photos of their shelves and inventory.
Gig workers on the app have been able to take on smaller tasks for extra cash.
Waymo, Alphabet's robotaxi service and a DoorDash partner, has already been enlisting nearby Dashers to close doors passengers leave ajar — an operational gap that comes when the human is removed from the driver's seat. One Reddit post showed how a driver was offered $11.25 to close a Waymo door, Business Insider previously reported.
Harrison Shih, the head of DoorDash's drone program, told Business Insider that a Dasher could be dispatched to clean up a spill and that the range of tasks will evolve as the company expands its autonomous services.
The work could include helping Dot, DoorDash's delivery robot, if it's ever flipped over, Shih said. Delivery bots can be a target of vandalism or trip up in the dense urban environments they typically operate in.
"One thing we believe about autonomous systems is that they're not stand-alone," Shih said. "I think this is a little bit of the misnomer of autonomous systems."
DoorDash is also launching a new service called Dasher Returns, in which a driver picks up a customer's return item and takes it to the appropriate retailer for a flat fee.
"Dasher Mike heads to the store, he finds parking, he waits in line, and he makes sure that my return is processed," Shanna Prevé, chief revenue officer at DoorDash, said in a presentation.
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Lloyd Lee You're currently following this author! Click to unsubscribe from email alerts.
Lloyd Lee is a reporter at Business Insider covering frontier technologies, with a focus on how they're being deployed in the real world and the gaps and tensions that emerge as people, companies, and regulators respond. His coverage has featured autonomous vehicles, EVs, robotics, brain-computer interfaces, and AI.Lloyd's reporting on the progress of Alphabet's Waymo and Tesla's autonomous ambitions was recognized by the San Francisco Press Club with a Bay Area Journalism Award.Before joining Business Insider, he was a local reporter for Almanac News and Palo Alto Weekly, covering housing issues, small businesses, and notable Silicon Valley characters.Lloyd is based in San Francisco.He can be reached via email [email protected], or by phone at 646-768-1630, or Signal at lloyd.71.
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DoorDash says its new drone delivery service could take flight this year without a buzz — literally.
At a media event hosted at the company's headquarters on Tuesday, DoorDash unveiled its in-house-designed drone that will launch in Northern California "in the coming months," Stanley Tang, DoorDash cofounder and chief product officer, said.
Outside, on the company headquarters' rooftop, DoorDash's drone sat on a platform with its six propellers spinning. Wind, music, and chatter drowned out any sound of the vehicle.
Harrison Shih, the head of DoorDash Air, told Business Insider that the propellers weren't spinning fast enough to lift off the podium, but the sound is roughly what people will hear when the device is flying overhead.
"You won't really hear it," he said.
DoorDash Air's drone has six propellers that Stanley Tang says are "slow spinning." Lloyd Lee/BI DoorDash's quiet-drone pitch comes as Amazon's Prime Air drone has drawn complaints from local residents for its incessant buzzing during deliveries. The New York Times reported that the drones have a mosquito-like hum that grows louder as they approach people's homes.
One customer of Amazon's Prime Air drone told Business Insider earlier this year that the sound was worth the convenience.
"We're significantly lighter than the Amazon drone, and we built with acoustics in mind from the ground up," Shih said when asked about the Times' report on Amazon's drones. "Actually, a lot of the design decisions that you see on that drone are built around acoustics."
A DoorDash spokesperson said the drone weighs under 55 pounds. Amazon has said its drone weighs around 78 pounds.
An Amazon spokesperson did not immediately return a request for comment sent after business hours.
On top of being "incredibly light," Tang said during the media event that the propellers were designed to be slow-spinning, and the sound is comparable to a "passing car while dropping off."
DoorDash has said that its drones will handle lightweight deliveries between three and five miles. Tang said that 80% of "typical DoorDash restaurant orders" are light and small enough to be handled by drones.
The company said Chipotle and Popeyes will be its first partners for the drone service.
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Lloyd Lee You're currently following this author! Click to unsubscribe from email alerts.
Lloyd Lee is a reporter at Business Insider covering frontier technologies, with a focus on how they're being deployed in the real world and the gaps and tensions that emerge as people, companies, and regulators respond. His coverage has featured autonomous vehicles, EVs, robotics, brain-computer interfaces, and AI.Lloyd's reporting on the progress of Alphabet's Waymo and Tesla's autonomous ambitions was recognized by the San Francisco Press Club with a Bay Area Journalism Award.Before joining Business Insider, he was a local reporter for Almanac News and Palo Alto Weekly, covering housing issues, small businesses, and notable Silicon Valley characters.Lloyd is based in San Francisco.He can be reached via email [email protected], or by phone at 646-768-1630, or Signal at lloyd.71.
A Doordash delivery bag is seen in Brooklyn, New York City, U.S., May 9, 2022. REUTERS/Andrew Kelly/ File Photo Purchase Licensing Rights, opens new tab
Sept 30 (Reuters) - US food delivery firm DoorDash (DASH.O), opens new tab will create 3,000 jobs in India over the next two years through a global technology hub it opened in the southern city of Hyderabad on Wednesday, the Telangana state government said.
The centre will initially house teams handling customer support and general and administrative functions, the release added.
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The hub is DoorDash's second tech office in India after Pune, where it has software, data and analytics operations acquired through its 2021 purchase of robotics startup Chowbotics for an undisclosed sum.
Companies are exploring alternative avenues in offshore tech hubs, called global capability centres (GCCs), to cut costs and reduce their dependence on external IT contractors.
The new customer support-based operations centre will be DoorDash’s third such service hub globally, alongside Tempe, Arizona, and Mexico City, and will add 500 professionals initially.
DoorDash joins companies such as Costco (COST.O), opens new tab, McDonald's (MCD.N), opens new tab, Charles Schwab (SCHW.N), opens new tab, Marriott (MAR.O), opens new tab and Southwest Airlines (LUV.N), opens new tab that have opened offshore centres in Hyderabad over the past few months.
India has emerged as the world's largest GCC hub, with more than 2,100 centres employing about 2.36 million people and generating nearly $100 billion in revenue, according to a 2026 report by Nasscom-Zinnov.
Reporting by Sai Ishwarbharath B in Bengaluru; Editing by Harikrishnan Nair
Our Standards: The Thomson Reuters Trust Principles., opens new tab
DoorDash's $131.5 million New York City payout over alleged delivery-worker underpayment equals roughly 66% of its second-quarter 2026 GAAP net income, and DASH shareholders are now counting the cost.
, /PRNewswire/ -- DoorDash (NASDAQ: DASH) shareholders may have suffered a loss as the market absorbed the Company's record $131.5 million settlement with New York City over alleged underpayment and late payment of delivery workers. If you bought DoorDash shares and are now sitting on a loss, your recovery rights may be at stake. Investors who lost money are encouraged to review your DASH losses with our team now. You may also contact Joseph E. Levi, Esq. via email at [email protected] or by telephone at (888) SueWallSt.
Here is how the payment compares with DoorDash's own numbers. The $131.5 million equals approximately 66% of the Company's second-quarter 2026 GAAP net income and about 32% of its $406 million litigation reserve balance. Measured against full-year 2025, it equals roughly 18% of the $723 million in operating income DoorDash reported.
Market coverage after the announcement cited direct financial costs, ongoing compliance obligations, and possible margin pressure in other markets as investor concerns. SueWallSt notifies investors of a pending investigation into whether DoorDash may not have adequately disclosed the scale of its delivery-worker pay exposure. The investigation is also examining whether shareholders who suffered losses may be able to recover for potential securities law violations.
Suffered a loss on DoorDash stock? Submit your DoorDash loss details here or contact Joseph E. Levi, Esq. at [email protected] or (888) SueWallSt.
WHY SUEWALLST: SueWallSt is powered by Levi & Korsinsky LLP. Levi & Korsinsky LLP has established itself as a nationally-recognized securities litigation firm that has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. The firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States.
Frequently Asked Questions About the DASH Investigation
Q: Which statements are being investigated as potentially misleading?A: The investigation concerns whether DoorDash made materially false or misleading statements regarding its exposure to litigation and regulatory matters involving delivery-worker pay. When the Company disclosed a $131.5 million agreement with New York City resolving allegations that delivery workers were underpaid or paid late, the stock price declined.
Q: When did DoorDash allegedly mislead investors?A: The investigation concerns statements DoorDash made before it disclosed the $131.5 million New York City agreement. These statements allegedly caused investors to purchase DASH securities at inflated prices.
Q: What do DASH investors need to do right now?A: Investors may gather brokerage records showing purchase dates, share quantities, and prices paid. Submit your information for a no-cost, no-obligation evaluation of your potential recovery. No immediate action is required to remain eligible to participate in the investigation.
Q: What documents do I need to participate?A: Brokerage statements or trade confirmations showing purchase dates, share quantities, prices paid, and any subsequent sale dates and prices.
Q: What if I already sold my DASH shares -- can I still recover losses?A: Yes. Eligibility is based on when you purchased, not whether you still hold the shares. Investors who bought DASH and sold at a loss may still participate in the investigation.
Q: What does it cost me to participate?A: There is no upfront cost to submit your information and review whether you may be eligible to recover. Should you choose to participate in any resulting action, these matters are generally handled on a contingency basis, with any attorneys' fees and expenses subject to court approval.
Q: Do I need to go to court or give testimony?A: No. Participating in the investigation does not require court appearances or depositions. If legal action is later pursued, the overwhelming majority of affected investors never appear in court either.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
33 Whitehall Street, 27th Floor
New York, NY 10004
[email protected]
Tel: (888) SueWallSt
Fax: (212) 363-7171
Attorney Advertising. Prior results do not guarantee similar outcomes.
The proliferation of delivery robots could meaningfully lower the cost of serving customers, expanding demand for their services.
*Stock prices used were the afternoon prices of Sept. 23, 2026. The video was published on Sept. 25, 2026.
Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends DoorDash. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
Envestnet Portfolio Solutions Inc. increased its position in shares of DoorDash, Inc. (NASDAQ:DASH – Free Report) by 501.7% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 29,211 shares of the company’s stock after acquiring an additional 24,356 shares during the quarter. Envestnet Portfolio Solutions Inc.’s holdings in DoorDash were worth $5,390,000 at the end of the most recent quarter.
Several other hedge funds have also added to or reduced their stakes in DASH. Vise Technologies Inc. grew its position in shares of DoorDash by 1.8% during the 4th quarter. Vise Technologies Inc. now owns 3,517 shares of the company’s stock worth $796,000 after buying an additional 63 shares during the period. Washington Trust Advisors Inc. grew its holdings in DoorDash by 81.0% during the 2nd quarter. Washington Trust Advisors Inc. now owns 143 shares of the company’s stock worth $26,000 after acquiring an additional 64 shares during the period. Premier Path Wealth Partners LLC raised its position in shares of DoorDash by 2.7% during the 2nd quarter. Premier Path Wealth Partners LLC now owns 2,520 shares of the company’s stock valued at $465,000 after acquiring an additional 67 shares during the last quarter. AXS Investments LLC raised its position in shares of DoorDash by 1.3% during the 4th quarter. AXS Investments LLC now owns 5,438 shares of the company’s stock valued at $1,232,000 after acquiring an additional 69 shares during the last quarter. Finally, Prestige Wealth Management Group LLC lifted its stake in shares of DoorDash by 6.4% in the 4th quarter. Prestige Wealth Management Group LLC now owns 1,209 shares of the company’s stock valued at $274,000 after purchasing an additional 73 shares during the period. Institutional investors own 90.64% of the company’s stock.
More DoorDash News Here are the key news stories impacting DoorDash this week:
Positive Sentiment: Drone delivery expansion: Lowe’s is testing 20-minute drone deliveries in Charlotte through DoorDash and Alphabet’s Wing. The partnership could broaden DoorDash’s logistics capabilities, improve delivery speed and attract additional retail business. Lowe’s is launching a drone delivery service in partnership with DoorDash and Alphabet Positive Sentiment: Higher grocery basket sizes: DoorDash’s artificial-intelligence tools reportedly helped produce grocery baskets that were 50% larger, supporting the company’s efforts to increase order values and improve the economics of grocery delivery. DoorDash AI drives 50% bigger grocery baskets Positive Sentiment: Retail and data initiatives: Costco has joined DoorDash, while DoorDash introduced live shelf and purchase data for brands. These developments could expand its retail footprint and create higher-margin data and advertising opportunities. DoorDash Hands Brands Live Shelf Data and Retail Insights Neutral Sentiment: Short-interest data: A report claims September short interest totaled zero shares and a zero-day days-to-cover ratio. Because the figures appear inconsistent with the reported increase in short interest, investors should treat this item cautiously. Neutral Sentiment: Promotional activity: A limited-time 15% discount for first orders may support customer acquisition, although the cost of the promotion and its effect on margins are unclear. Save 15% on your first order with this limited-time DoorDash deal Negative Sentiment: New York labor settlement: DoorDash agreed to pay $131.5 million to resolve a New York City investigation into delivery-worker pay. The settlement adds a direct cost and highlights the risk of additional regulation, higher worker compensation and margin pressure in other markets. DoorDash to pay $131.5 million to resolve New York City probe Negative Sentiment: Recent selling pressure: Coverage highlights a roughly 16% monthly decline, while an insider sold 2,184 shares. These developments may reinforce investor concerns about valuation, execution and sentiment. DoorDash Just Dropped 16% in a Month Analyst Upgrades and Downgrades Several research firms have recently issued reports on DASH. Susquehanna raised their price target on DoorDash from $225.00 to $250.00 and gave the stock a “positive” rating in a research report on Friday, August 7th. Needham & Company LLC reiterated a “buy” rating and issued a $265.00 price objective on shares of DoorDash in a report on Thursday, August 6th. Benchmark cut their target price on DoorDash from $285.00 to $270.00 and set a “buy” rating on the stock in a research note on Monday, August 3rd. KeyCorp reduced their target price on DoorDash from $280.00 to $275.00 and set an “overweight” rating on the stock in a report on Tuesday, July 14th. Finally, Rosenblatt Securities initiated coverage on DoorDash in a research report on Tuesday, September 1st. They set a “buy” rating and a $270.00 target price for the company. One equities research analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $257.47. Get Our Latest Research Report on DoorDash
DoorDash Stock Performance DASH stock opened at $187.53 on Friday. The business’s 50-day moving average price is $205.96 and its two-hundred day moving average price is $180.94. The company has a current ratio of 1.37, a quick ratio of 1.37 and a debt-to-equity ratio of 0.27. The firm has a market cap of $81.26 billion, a PE ratio of 98.18 and a beta of 1.79. DoorDash, Inc. has a 1-year low of $143.30 and a 1-year high of $285.50.
DoorDash (NASDAQ:DASH – Get Free Report) last released its quarterly earnings data on Wednesday, August 5th. The company reported $0.46 earnings per share for the quarter, missing the consensus estimate of $0.47 by ($0.01). DoorDash had a net margin of 5.29% and a return on equity of 8.48%. The business had revenue of $4.45 billion for the quarter, compared to the consensus estimate of $4.34 billion. During the same quarter last year, the firm earned $0.65 EPS. The company’s revenue for the quarter was up 35.6% on a year-over-year basis. As a group, research analysts forecast that DoorDash, Inc. will post 2.51 earnings per share for the current year.
Insider Activity at DoorDash In other news, CFO Ravi Inukonda sold 19,505 shares of the company’s stock in a transaction that occurred on Thursday, August 20th. The shares were sold at an average price of $220.62, for a total value of $4,303,193.10. Following the completion of the transaction, the chief financial officer owned 232,938 shares in the company, valued at $51,390,781.56. This represents a 7.73% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Stanley Tang sold 72,367 shares of the stock in a transaction on Friday, August 21st. The stock was sold at an average price of $225.16, for a total transaction of $16,294,153.72. Following the sale, the director directly owned 10,361 shares of the company’s stock, valued at $2,332,882.76. This represents a 87.48% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 396,155 shares of company stock worth $86,469,551 over the last ninety days. 44.90% of the stock is owned by corporate insiders.
About DoorDash (Free Report)
DoorDash, Inc operates a local commerce platform that connects consumers with merchants and independent delivery workers. Its marketplace enables customers to order meals from restaurants as well as groceries, convenience items, alcohol where permitted, and products from other retail businesses through its websites and mobile applications.
The company also provides services designed to support merchants, including delivery logistics, online ordering, marketing, payment processing, and customer-engagement tools.
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Lowe's is launching a drone delivery service in partnership with DoorDash and Alphabet's Wing, CNBC has learned exclusively.
The company said the new drone delivery service — a first in the home improvement retail space — will give customers access to over 100 products in a delivery window as fast as 20 minutes. A pilot program is already live in North Carolina, with plans for expansion.
Customers can order products directly through DoorDash, which will have drone delivery listed as an option for eligible customers. The drones currently transport orders of roughly 2.5 pounds per flight and operate within a 5-mile radius of the store in Matthews, North Carolina, according to the company.
Seemantini Godbole, chief information and artificial intelligence officer at Lowe's, said shoppers often tell the company they realize halfway through a project that they're missing a crucial item.
"Drone delivery fits perfectly because this was one of the friction points, like you're doing a project, and you're getting interrupted," Godbole said. "[But] you never left your home, you never left your job site, and then you just continued with the project. That's the whole premise."
She said the company is still testing the service, but if it's successful, Lowe's may expand the drone program beyond the North Carolina store.
"We wanted our tech teams to be positioned. ... We literally are going to the store every day," she said. "We are observing. We are listening to the feedback from our store associates and from DoorDash, and we could make changes as needed and be really agile, and so that's why we started here."
Godbole added that the drone delivery is not "technology for the sake of tech," but rather is a move to keep up with the changing needs of the Lowe's customer as part of the company's overall technology strategy.
With the announcement, Lowe's joins a growing cohort of retailers adding drone delivery to their options to optimize convenience and technology for customers in an effort to lift sales. Amazon, Walmart and Uber Eats already use drones to offer fast delivery to customers.
Godbole said the distinction for Lowe's is that it's the first home improvement retailer to offer drone delivery.
But drone technology has also faced criticism across the country from people concerned about noise and privacy issues, especially in states like New Jersey. Navigating more crowded airspace also requires regulatory approval.
Godbole said Lowe's is working to ensure its drones meet all standards and is leaning on the expertise of both DoorDash and Wing.
Godbole said while the drones are an important milestone in the company's technological advances, Lowe's is still focusing on improving its express same-day delivery and innovation for its shoppers while also incorporating AI into its internal processes for store associates.
"When associates and customers are interacting with Lowe's, I really want the technology to disappear, and I want the experience to shine through," Godbole said. "I want them to remember the projects they are doing, the items they are buying, the fulfillment experience they got, and all our technology efforts are geared towards that."
SAN FRANCISCO--(BUSINESS WIRE)--Today, DoorDash introduced Brand Center, a platform built for the marketing, supply chain, category, ecommerce, and national account teams to get a clearer view of what's driving growth across the digital and physical shelf. New capabilities built on top of advertising solutions give brands direct ways to improve how their products show up for consumers, from spotting in-store availability gaps to updating product content.“Brand Center is part of DoorDash's broade.
DoorDash (NASDAQ:DASH | DASH Price Prediction) stock has slid sharply over the past month, falling by several times what the broad consumer discretionary group has done while large-cap technology has climbed.
Local commerce platform DoorDash introduced a platform that provides brands with purchase-based signals from consumer orders and audit-based signals from shelf scans, the company said in a Wednesday (Sept. 23) press release.
DoorDash has agreed to pay more than $115 million to more than 260,000 delivery workers in New York City who were underpaid as part of a $131.5 million settlement with the city.
New York City Mayor Zohran Mamdani. ANGELA WEISS / AFP via Getty Images Mayor Zohran Mamdani's win against DoorDash is just one battle in his bigger war on delivery companies.
The $131.5 million settlement accomplished what former mayor Eric Adams' administration had begun. Now, regulating companies like Amazon, DoorDash, and Uber Eats has become a pillar of Mamdani's approach to the business world: His administration confronts blue-chip employers with lawsuits and tighter policies, and supports union efforts to boost worker safety and financial security.
Business Insider spoke with City Hall leaders, union representatives, and companies at the center of Mamdani's delivery work crackdown. Worker advocates are pushing for even tighter protections, while employers worry about what it means for their businesses and operations in the city.
DoorDash said in its Tuesday statement, "We screwed up," but other companies say increased regulation could make it harder for delivery businesses to operate in NYC.
DoorDash isn't the first delivery app to get dinged in NYCRegulating the delivery economy is thorny, especially when thousands of New Yorkers' incomes are on the line. Business leaders, big and small, say that with more hoops to jump through, they will be less likely to invest in jobs in NYC.
The administration has received this criticism before, with business leaders concerned that Mamdani's policies — ranging from city-run grocery stores to taxes — could undermine job stability for small vendors and local workers.
The Mamdani administration's main focus has been on eliminating delivery app junk fees and enforcing scheduling laws and gig worker protections enacted before the mayor took office.
The city's Department of Consumer and Worker Protection led the effort to secure the DoorDash settlement after a court found that 264,000 Dashers were underpaid or paid late.
The DCWP previously settled multimillion-dollar lawsuits with Uber Eats and Hungry Panda over what courts found to be labor violations, like unnecessary charges and unfair wages. Commissioner Sam Levine called the Tuesday settlement "a real game changer for our enforcement and our policy development."
Few cities have the kind of gig worker protections that NYC is pushing for, and any wins from the Mamdani camp could set the tone for worker protections in other metros. "My message to other cities is copy us, do better than us," Levine told Business Insider.
Beyond legislation, Mamdani's team sponsored a new Deliverista Hub in lower Manhattan with charging stations and resources for workers at app-based delivery companies.
Ligia Guallpa, executive director of the Workers' Justice Project — a union representing delivery workers, cleaners, and construction workers — told Business Insider over the summer that her organization has seen the mayor, "delivering settlements, making concrete changes in the industry, forcing app delivery companies into compliance, and ensuring they treat workers more fairly and with dignity."
Up Next: AmazonIn August, Mamdani announced his support for the Delivery Worker Protection Act, a City Council bill that would increase licensing requirements for companies operating delivery-focused warehouse facilities, opening the door to expanded safety, training, and resources for workers. It would also make it more difficult for online sellers like Amazon to hire subcontractors without the same benefits and safety protections as full-time employees.
Amazon delivery workers don't operate under the same schedule and pay structure as traditional gig workers — they are direct W-2 employees of the companies that contract with Amazon to drop off packages rather than operating independently — but City Hall is taking steps to improve their working conditions, too.
The retail goliath contracts with last-mile warehouses in New York, where subcontractors handle the final step of the delivery process. Eighteen of those facilities opened in the five boroughs between 2017 and 2025, per the Comptroller's Office.
Despite being a full-time delivery contractor, NYC delivery driver and union leader Luc Rene said that his shifts and weekly income are unpredictable, and he often has to buy his own work equipment.
"It's always a fight to get a job," he said, adding that he and his colleagues aren't always guaranteed 40-hour weeks.
A spokesperson for Amazon referred reporters to the company's testimony sent to City Hall over the latest delivery worker protection proposal, which says the law would threaten "the small businesses that deliver to customers, putting the jobs of more than 5,000 of their employees at risk, and forcing us to consider relocating delivery operations outside of the city."
The New York Delivers Coalition, a group of 50 small businesses, also sent a letter to lawmakers in August, asking them to "consider the real world ramifications this legislation will have on the small, family-owned business community."
As the mayor's worker protection czar, Levine said his next policy goals include cracking down on dynamic pricing and algorithm-created wages for New Yorkers, which Business Insider found already impacts the delivery economy.
"We're in a complex economy — there's going to be complexity — it's who gets to make the rules," Levine said. "Do we leave that entirely to corporate America, or do we say that the people of the city of New York should have some say in how much workers are getting paid, what relief they're entitled to when they're underpaid?"
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Allie Kelly You're currently following this author! Click to unsubscribe from email alerts.
Allie Kelly is a reporter on Business Insider’s economy team, where she covers housing and affordability in America’s biggest cities. Her latest project — called “Cost of the City” — is an ongoing deep dive into Mayor Zohran Mamdani’s agenda and life in New York. Allie previously worked on a yearlong investigation into the impact of rising cancer cases on young adults, and a series about retirees' reflections on money and loneliness. She also covers the Federal Reserve.Allie is a frequent guest on various TV and radio programs and a contributor to Business Insider’s Big Business and quicksplainer video series.Before joining Business Insider, Allie covered breaking news at The Dallas Morning News and wrote and edited for The Trace. She is an alum of The University of North Carolina at Chapel Hill.
Martina is an economy fellow at Business Insider. She reports for Cost of the City, a series exploring how New Yorkers afford life in one of the country’s most expensive cities and the financial and personal trade-offs they make to stay. She also contributes to Business Insider’s Cost of Living video series.She studied journalism and international relations at Boston University.
Keith Yandell, Chief Business Officer at DoorDash, Inc. (DASH +2.76%), sold 2,184 shares of Class A Common Stock on Sept. 17, 2026, according to a recent SEC Form 4 filing.
Transaction summaryMetricValueTransaction value~$438,460Shares sold (directly held)2,184Post-transaction shares (directly held)120,688Post-transaction value$23.48 millionTransaction value based on SEC Form 4 weighted average sale price ($200.76); post-transaction value based on Sept. 17, 2026, market close ($194.56).
Key questionsHow does this transaction align with the insider's established trading strategy?
The disposal was conducted according to a Rule 10b5-1 trading plan established three months before execution, which pre-schedules trades to manage routine liquidity and portfolio requirements.What is the composition of the remaining equity stake?
Yandell continues to hold 120,688 shares directly, including Restricted Stock Units, maintaining a total insider ownership level of 0.0277%.What was the market performance context surrounding the execution date?
The shares were sold while the company's one-year total return stood at -25% as of the Sept. 17, 2026, transaction date.Company OverviewMetricValueShare Price (as of market close 2026-09-21)$193.83Market Capitalization$83.9 billionRevenue (TTM)$15.9 billionNet Income (TTM)$838.0 millionCompany SnapshotDoorDash operates a comprehensive logistics platform through its primary marketplaces, DoorDash and Wolt, providing merchants with customer acquisition, delivery logistics, data analytics, merchandising support, payment processing, and customer assistance services.The company generates revenue through commission-based fees on merchant transactions, delivery fees from consumers, and advertising services, creating a multi-sided marketplace model that monetizes interactions between merchants, consumers, and delivery personnel.DoorDash serves a diverse customer base, including restaurants, convenience stores, and other merchants seeking logistics solutions, as well as consumers utilizing the platform for food and goods delivery across the United States and globally.
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DoorDash is a leading global logistics platform with a market capitalization of $84 billion and TTM revenue of $15.9 billion, demonstrating significant scale in the on-demand delivery sector.
The company's competitive advantage derives from its integrated marketplace connecting merchants, consumers, and delivery personnel, supported by proprietary data analytics and operational infrastructure. DoorDash's diversified revenue streams and international presence through Wolt position it as a dominant player in the logistics and delivery services industry.
What this transaction means for investorsThis sale shouldn't concern investors. It was executed under a Rule 10b5-1 plan that insiders use to avoid concerns of acting on non-public information about the company. The sale represented a small portion of the executive's holdings; the executive still retains a significant stake worth about $23 million.
Importantly, DoorDash's TTM revenue surged 34% year over year, reflecting strong momentum in the business. Its growing scale has also lifted its operating margin above breakeven over the two years.
The company's momentum in grocery and retail deliveries could deliver more growth. Analysts expect earnings to grow at an annualized rate of 42% over the next few years.
John Ballard has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends DoorDash. The Motley Fool has a disclosure policy.
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DoorDash is set to pay New York City millions of dollars and give delivery workers millions more in compensation that they're owed. Bloomberg/Getty Images DoorDash is paying millions of dollars to New York City delivery workers — and admitting that it messed up.
The delivery company will pay $131.5 million to settle the city's investigation into its pay practices, DoorDash said on Tuesday.
New York City's Department of Consumer and Worker Protection had been investigating whether DoorDash complied with a 2023 minimum pay law for delivery workers.
"Simply put, we screwed up," DoorDash said in a statement. "Our mistakes meant some Dashers were underpaid or paid late." The pay mistakes were not intentional, DoorDash said.
The settlement marks another win for New York City as it takes on apps including Uber Eats and DoorDash.
In January, the City started enforcing a law requiring the apps to offer customers the option to tip delivery workers when ordering food, resulting in millions more in tips for delivery workers. Two years earlier, the apps had moved the tipping option to appear only after a delivery arrived.
Mayor Zohran Mamdani said in July that the tip crackdown was "only the beginning."
As a result of Tuesday's settlement, 264,000 Dashers will get a payment. DoorDash never paid about $6.6 million worth of compensation, the company said, while it paid another $5.7 million "days or in some cases, weeks late," it said.
The average payment owed to Dashers was $7.70, DoorDash said. Most workers who were affected — 65% — were underpaid by less than $1, the company added. The median payment will be around $48.
Under the settlement, Dashers who were underpaid will get "a minimum of $10, even if they were underpaid by less than that," DoorDash said.
A majority of the settlement — $83 million — will resolve a disagreement about "on-call time," or the minutes that delivery workers spend on the app waiting to accept an order. New York City law requires companies to pay workers for this time.
DoorDash said that it paid workers for this time using a calculation that it said was "fair, practical, and legal."
"But rather than spend years fighting over whose method was right, we chose to pay Dashers sooner and use the City's method going forward," the company said.
Do you have a story idea about DoorDash or another delivery service? Contact this reporter at [email protected] or via encrypted messaging app Signal at 808-854-4501. Use a personal email address, a nonwork WiFi network, and a nonwork device; here's our guide to sharing information securely.
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Alex Bitter You're currently following this author! Click to unsubscribe from email alerts.
Alex Bitter is a senior retail reporter covering the gig economy, food, and retail. His work focuses major gig delivery and ride-hailing apps, including Uber, Lyft, DoorDash, Instacart, and Walmart's Spark. He is interested in everything from what it's like to work on the apps to the companies' business strategies.Some of his recent stories feature gig workers who have been deactivated on the apps, DoorDash hiring traditional employees to make deliveries, gig workers' use of bots, and gig work expanding into new professions, such as nursing.Alex has also written about Aldi's US expansion, Starbucks' turnaround efforts, and the fallout from Kraft-Heinz's budget cutting. Convenience store chain Sheetz ended its "smile policy" after his reporting.Before joining Insider in September 2020, he wrote about consumer and retail companies for S&P Global Market Intelligence. He's a graduate of the University of Hawai'i at Mānoa and grew up on the Big Island.Alex lives in the Washington, DC, area, where you can find him studying ancient coins or searching for Civil War artifacts with his metal detector in his free time.Got a tip? Reach out at [email protected] or via encrypted messaging app Signal at +1 (808) 854-4501.
The gig economy has gained significant momentum since the pandemic, reshaping how people work. It enables individuals to determine their schedules, workloads and work settings. As workers and businesses increasingly seek flexible, modern employment arrangements, this evolving model has grown rapidly.
One of the gig economy’s biggest attractions is its potential to promote a healthier work-life balance. For many people, working independently is more appealing than the stability of a regular paycheck. Those who favor adaptable work arrangements often value the ability to choose when, where, and how much they work more than the security of traditional employment.
The flexibility and numerous benefits of the gig economy have also made daily life more convenient. Ride-hailing companies such as Uber (UBER - Free Report) and Lyft (LYFT - Free Report) , along with food-delivery platform DoorDash (DASH - Free Report) , rely heavily on gig workers. Similarly, the availability of platforms connecting skilled freelancers with businesses seeking support for short-term projects adds to the appeal of the gig economy theme, which is gaining popularity by the day. This demonstrates the strong appeal of independent and self-directed work.
Even tech giants like Alphabet (GOOGL - Free Report) and Amazon (AMZN - Free Report) are jumping into this trend and making the most of its convenience and flexibility. The gig economy’s continued expansion underscores its increasing importance. According to Business Research Insights, the global gig economy market is projected to reach $674.13 billion by the end of 2026. It is expected to grow to $2.52 trillion by 2035, reflecting a robust compound annual growth rate of 15.8% during the 2026-2035 period.
These projections highlight the substantial opportunities available to companies participating in the gig economy. Investors can use our thematic screens to identify stocks connected to trends that are shaping the future of investing. If the Gig Economy matches your investment preferences and you want exposure to this expanding trend, stocks such as Uber, DoorDash and Lyft may be worth monitoring.
Ready to uncover more transformative thematic investment ideas? Explore 40 cutting-edge investment themes with Zacks Thematic Investing Screens and discover your next big opportunity.
3 Stocks Worth WatchingAll three stocks, discussed below, currently carry a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Uber’s gig-economy business connects independent drivers and couriers with consumers seeking rides and deliveries. Its platform provides flexible earning opportunities across more than 70 countries, allowing participants to generate income without fixed work schedules. Uber’s demand-prediction, matching, routing and payments technologies support this model by connecting workers with consumer demand. The breadth of its network helps support service availability while creating earning opportunities across different locations and times of day.
Uber’s presence in both mobility and delivery broadens its gig-economy opportunities. Beyond passenger transportation, Uber Eats connects couriers with demand for meals, groceries, convenience items and other retail products. Delivery also attracts workers who lack access to vehicles that meet the requirements for passenger rides. Meanwhile, Uber Direct extends delivery opportunities to orders placed through merchants’ own channels. Together, these services expand the potential pool of earners and can improve utilization across Uber’s network.
Attracting and retaining drivers and couriers remains essential to Uber’s gig-economy model. The company develops tools that help workers identify when and where earnings opportunities are strongest and make informed decisions about costs. It also partners with insurers and educational institutions to offer protection and learning opportunities to eligible participants.
DoorDash’s gig-economy model connects consumers and local merchants with delivery workers known as Dashers. Merchants receive orders through its marketplaces, while Dashers collect products and deliver them to customers. For the vast majority of delivery transactions, DoorDash describes its role as arranging delivery opportunities rather than controlling how the delivery service is performed. This structure makes its courier network central to translating online consumer demand into completed local deliveries.
DoorDash supports courier participation through delivery payouts, incentives and referral programs. Dasher payouts include payments for deliveries, incentives and tips, while peak-pay incentives provide additional compensation for accepting opportunities during periods of high demand. Referral bonuses help attract new participants, subject to qualifying conditions. These mechanisms help DoorDash build delivery capacity and encourage courier availability when demand rises, supporting the functioning of its gig-economy marketplace.
DoorDash’s broader local-commerce platform expands the channels through which delivery opportunities can arise. Membership programs such as DashPass, Wolt+ and Deliveroo Plus reduce delivery and service fees, potentially encouraging repeat orders. Meanwhile, Drive provides delivery fulfillment for merchants’ own sales channels, extending the company’s delivery network beyond orders originating directly on its marketplaces.
Lyft’s gig-economy focus centers on its ridesharing marketplace, which connects drivers with passengers seeking on-demand transportation. Drivers can earn on flexible schedules, making the platform accessible to participants balancing driving with education, family responsibilities, business ownership or retirement. Substantially all of Lyft’s revenues come from this marketplace, primarily through service fees and commissions collected from drivers. Consequently, maintaining an engaged driver base and sufficient ride demand is fundamental to its business.
Lyft uses predictive technology to help drivers identify when and where demand is strongest, supporting more effective use of their time. Its upfront-pay feature allows drivers to review ride information and expected earnings before accepting a trip, improving transparency. The company also provides earnings tools, educational resources and round-the-clock support. These features support driver participation, while efficient matching and dispatching help connect available drivers with riders and reduce passenger wait times.
Lyft’s Express Drive program broadens access to gig work by allowing eligible drivers without a qualifying vehicle to rent one through Flexdrive or rental partners. Its range of ride options, including standard, XL and premium services, addresses different passenger needs and creates varied opportunities for participating drivers. Lyft’s acquisition of Freenow also expanded its platform into nine additional countries and more than 180 cities in 2025, extending its reach into European taxi and mobility markets.
DoorDash (DASH.O) said on Tuesday it reached a $131.5 million settlement of a New York City government probe that found the food delivery company underpaid or waited too long to pay workers.
The settlement with the city's Department of Consumer and Worker Protection includes a $16.7 million fine, and more than $83 million to resolve a dispute over how to calculate pay for workers who were logged into the app and on-call but not actually making deliveries, DoorDash said.
DoorDash said it would also provide additional worker remedies, including $12.3 million for payments that were missed or arrived days or weeks late.
"Simply put, we screwed up," the San Francisco-based company said in a statement. "Our mistakes meant some Dashers were underpaid or paid late. While these mistakes weren't intentional, that doesn't make them okay."
DoorDash said many errors resulted from deliveries that crossed city boundaries, had multiple pickup or drop-off locations, or were only partially fulfilled or canceled. It said other errors resulted from technical bugs, or having incomplete banking information for workers.
The company said it has fixed technical issues that caused the mistakes.
DoorDash and delivery app rivals including Grubhub and Uber Eats (UBER.N) have had multiple legal battles with New York City, including challenges to its tipping laws and whether they must share customers' data with restaurants.
To identify monster stocks before they take off, investors should first focus on underlying business momentum. Stocks can be volatile in the near term, but they ultimately track the business's long-term growth. Investing in businesses with attractive growth prospects when they trade at attractive valuations relative to earnings can help you succeed in finding tomorrow's winners.
Here's why DoorDash (DASH -0.83%) and Viking Holdings (VIK -0.80%) are great candidates right now.
Image source: Getty Images.
1. DoorDash DoorDash is a fast-growing logistics platform that makes it easy for customers to get orders from local merchants delivered to their door. The company earns money through merchant commissions, delivery fees, subscriptions, and advertising, and it's expanding rapidly. Revenue has climbed from $4.9 billion in 2021 to $13.7 billion in 2025, indicating its long-term potential.
It is emerging as the leader in grocery delivery and has also recently gained momentum in restaurant and retail orders. The stock's performance reflects this trajectory, rising 141% over the past three years. Revenue grew 36% year over year in the second quarter, driven by strength in deliveries and continued growth in DashPass subscribers.
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DoorDash benefits from a reinforcing growth flywheel. Revenue growth funds product improvements, which drive higher order frequency and more DashPass sign-ups. Once customers join DashPass, DoorDash usage can become habitual. In the second quarter, DashPass customers generated 75% of U.S. grocery and retail orders.
There's room to expand internationally, although DoorDash faces stiffer competition abroad. It is currently No. 2 in the U.K., Italy, Germany, and Canada, but management indicated on the second-quarter earnings call that it's growing faster than the competition in those markets.
Delivery is a low-margin business, reflecting fierce competition from Uber Eats and Instacart. Even so, DoorDash's operating profit has improved from -$579 million in 2023 to $723 million in 2025. This shows it can price its service to earn a profit, indicating capital efficiency and a solid competitive position.
The stock trades at a forward price-to-earnings (P/E) multiple of 34. If DoorDash meets analysts' expectations for 44% annualized earnings growth, that valuation relative to the growth rate could set up market-beating returns over the next five years.
2. Viking Holdings Cruise demand remains strong, and it's driving growth for Viking Holdings, one of the industry's leading brands. The company operates both ocean and river cruises, including itineraries on the Mississippi.
Viking benefits from a scalable, profitable model: Each new vessel is built to be nearly identical to existing ships, which supports operating efficiency and consistency. Shares have climbed 253% since the company's May 2024 IPO, and continued demand could power further gains.
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In the second quarter of 2026, revenue grew 16% year over year, with operating profit up 18%. That profitable growth reflects two key advantages: a younger-than-average industry fleet that helps keep maintenance costs down and simplified ship designs that support efficiency.
The biggest risk with buying a cruise stock during a strong travel cycle is getting in just ahead of the next downturn. Spending on travel and tourism can soften with the economy or from an unpredictable crisis that pauses demand.
Still, demand visibility suggests more growth ahead. As of Aug. 9, 2026, 2027 bookings were pacing 21% ahead of the prior season. Booking further in advance also helps management plan capacity, investments, and pricing to support profitability.
At 26 times forward earnings, the stock isn't cheap and looks pricey relative to peers like Carnival and Royal Caribbean, which trade at under 15 times forward estimates. But much of that premium reflects Viking's stronger growth profile and higher returns on invested capital.
If the company delivers the 26% annualized earnings growth expected by analysts, Viking could continue to outperform the market over the next five years.
Costco just handed DoorDash a new same-day delivery deal, and Instacart shareholders took the hit, but the sell-off may have punished the wrong narrative entirely.
Maplebear (NASDAQ:CART | CART Price Prediction), Instacart’s parent company, trades at $45.43 versus a consensus Wall Street price target of $58, a gap that implies roughly 28% upside if the sell side is right.
Instacart runs the largest third-party grocery marketplace in North America and also builds white-label e-commerce, ad tech and in-store hardware for retailers, spanning more than 310 retail partners and 9,000-plus brands.
Costco (NASDAQ:COST) has been the crown jewel of that ecosystem, which is why a new same-day delivery pact between Costco and DoorDash sent CART lower.
The dip question is trickier than the headline reads, because Costco added a channel rather than replacing Instacart.
Why the Costco-DoorDash Headline Bruised CART DoorDash’s launch introduces nationwide same-day delivery from every U.S. Costco warehouse, requires an active membership, and offers more than 4,000 Costco products in the DoorDash app. Investors read that as a direct hit on Instacart’s most valuable marketplace relationship.
The reaction was sharp but not catastrophic. CART fell 3.03% on the session and is down 7.15% over the past month, well behind an S&P 500 that has drifted only 0.62% lower in the same window.
The important correction: Instacart still powers Costco’s branded same-day websites in the United States and Canada, and Storefront Pro with Costco has expanded into France and Spain. What is at risk is marketplace basket share and the advertising inventory attached to it, because those units carry richer take rates than white-label enterprise work.
What Analysts Still See in the Model Coverage leans constructive. Five analysts rate CART Strong Buy, 13 Buy, 14 Hold, and zero Sell or Strong Sell, and the $58 average target has held through the Costco news.
The bull case rests on advertising and enterprise compounding faster than transaction revenue. Q2 advertising and other revenue grew 16% to $297 million, GTV rose 14% to $10.35 billion, and adjusted EBITDA climbed 19% to $313 million. Free cash flow reached $480 million in the quarter, funding $325 million of buybacks.
CEO Chris Rogers argues the moat is data and fulfillment, citing “more than 1.6 billion lifetime orders” and an average order value of $115 that dwarfs typical delivery baskets. Analysts want proof that Costco marketplace orders and take rates hold as DoorDash ramps.
DoorDash Is Not Winning Either DoorDash (NASDAQ:DASH), the supposed beneficiary, is down 10.07% over the past month and 14.09% year to date. Dollars are flowing away from both names as the entire last-mile group comes under pressure, with investors debating grocery unit economics.
That matters because an unambiguous share transfer would have DoorDash rallying, yet DASH is selling off alongside CART. The action suggests skepticism that same-day club delivery is accretive to either operator without meaningful subsidy.
CART’s 1% year-to-date gain has been left in the dust by the S&P 500’s 11.85% advance, and shares sit well below the 50-day moving average of $47.99 after touching a 52-week high of $52.68.
Valuation is not stretched. CART trades at a forward P/E of 14 on TTM EPS of $1.83, with an EV/EBITDA multiple near 14. Q2 GAAP EPS of $0.45 missed the $0.55 consensus, pressured by rising stock-based comp, another overhang beyond Costco.
Bull and Bear Case for CART Stock The bull case holds if advertising keeps compounding in the mid-teens, enterprise Storefront revenue continues scaling across the 380 grocery sites it already powers, and Costco marketplace baskets stay sticky because Instacart’s cross-retailer shopper (over five retailers on average, more than double for Instacart Plus) differs from the customer DoorDash is targeting.
The bear case takes over if Costco take rates compress as DoorDash steals the highest-value baskets, if buybacks mask persistent EPS misses driven by stock-based comp, and if management’s own warning that over 80% of GTV comes from non-exclusive retailers becomes the story rather than a footnote.
On balance, the setup leans opportunity over trap. The market priced in a worst case that the disclosures do not support, and a 28% gap to target with zero Sell ratings is a hard combination to ignore. The variable to watch is Q3 advertising growth against management’s 15% to 18% guide; if that holds, the Costco panic ages poorly.
Contact [email protected] for any questions or corrections.
Costco reports fiscal fourth-quarter earnings on September 24, and the splashy DoorDash partnership everyone is talking about played no part in the numbers. What actually drove results reveals something more important about where this stock's real value lives.
Costco (NASDAQ:COST | COST Price Prediction) reports fiscal fourth-quarter results after the close on Wednesday, September 24, 2026, and the same-day delivery tie-up with DoorDash (NASDAQ:DASH) that put more than 4,000 Costco products inside a third-party app went live after the quarter closed.
The quarter covers the roughly 16-week period ending in late August or early September, so the new channel cannot contribute to reported sales or earnings. Instead, the numbers will show a digital business already running hot without help, and a membership engine driving earnings quality. The stock enters the quarter at $893.93, down 7.01% over the past month.
Why the Launch Cannot Touch This Quarter Fiscal Q4 2026 was in the books before DoorDash opened, and management has disclosed no fee split, margin effect, or volume target for the partnership.
Costco’s digital story was already accelerating. Fiscal Q3 2026 posted digitally-enabled comparable sales of 21.5% and e-commerce site and app traffic up 37%, following +22.6% digital comps in Q2.
Management described same-day delivery as “a strong driver of loyalty as it is often our highest spending members who are using this service.”
Where the Earnings Quality Actually Lives Membership economics remain the moat. Q3 brought 82.9 million paid members, membership fees of $1.37 billion (up 10.7%), and a worldwide renewal rate of 89.7%.
Costco trades at a P/E of 45x, which leaves little room for a soft membership number.
The DoorDash deal is defensive against Walmart (NYSE:WMT), whose Walmart+ bundles same-day delivery, and Amazon (NASDAQ:AMZN), whose Prime and Whole Foods set the delivery benchmark Costco members compare against.
Costco is choosing partnership over vertical integration. Management said in May, “At the current time, we’re happy with the partners that we have.”
DoorDash gains a trophy assortment; Costco gains reach without building last-mile infrastructure. Whether that lifts basket size or reshuffles existing orders is the question for future quarters.
Bull and Bear Case for COST Stock The bull case rests on the membership flywheel: renewal near 90%, executive penetration at three-quarters of sales, and digital growth north of 20% before DoorDash adds anything. Analysts carry a target of $1,072.20.
The bear case is valuation and reaction risk. Costco’s Q3 report fell 3.91% day-of on a mere 0.14% beat, and Q2 2025’s miss produced a 6.07% day-of drop. At 45 times earnings, an in-line quarter can sting.
The key variable is whether digital comps and executive-member growth held their recent pace through August.
Contact [email protected] for any questions or corrections.
Multiyear agreement makes DoorDash the NHL's exclusive On-Demand Delivery and Pick Up Partner beginning with the upcoming 2026-27 NHL season, and includes game night promotions for fans
NEW YORK & SAN FRANCISCO & TORONTO--(BUSINESS WIRE)--DoorDash (NASDAQ: DASH) and the National Hockey League (NHL®) today announced a multiyear North American partnership naming DoorDash the Official On-Demand Delivery and Pick Up Partner of the NHL in Canada and the United States. The exclusive deal begins immediately and marks DoorDash's first partnership with the NHL.
Under the agreement, DoorDash gains a broad set of marketing rights and NHL designations, including use of League marks, broadcast-visible branding through Digitally Enhanced Dasherboards during nationally televised games, integration across NHL tentpole events such as the Discover NHL Winter Classic® and Navy Federal Credit Union NHL Stadium Series™, and a presence throughout the Stanley Cup® Playoffs.
The season kicks off in Canada with a dedicated DoorDash Puck Drop promotion on September 29, 2026, the first day of the 2026-27 NHL season, followed by game night deals every Wednesday and Saturday for the regular season.
To reach even more households, DoorDash becomes the presenting sponsor of all Wednesday night regular-season national NHL games and Stanley Cup Playoff games broadcast on Prime Video in Canada. DoorDash will also activate at the 2026 Tim Hortons NHL Heritage Classic™ in Winnipeg on October 25, 2026 for in-person engagement.
“For tens of millions of hockey fans across North America, every night is appointment viewing. In Canada, hockey night is more than a game, it's a family ritual and a way fandom gets passed from one generation to the next,” said Gina Igwe, Vice President of Brand, Creative, and Consumer Marketing at DoorDash. “As the NHL’s Official On-Demand Delivery and Pick Up Partner, DoorDash is proud to help fans spend less time managing meals, snacks, and last-minute needs, and more time in the moments that make game night matter. From puck drop to the final buzzer, we’re here to make it easier to be a fan.”
“NHL fans are fiercely loyal and passionate and happen to be some of the most active on-demand delivery consumers," said Chris Falkiner, NHL Group Vice President of Business Development. "DoorDash reaches thousands of communities across Canada and the United States, fueling game night ordering for fans everywhere the League plays. We're excited to have DoorDash on board as our Official On-Demand Delivery and Pick Up Partner across both countries."
The partnership pairs two brands built around the same instinct: making it easier for people to show up for what they love. The NHL provides the game, and DoorDash provides the ritual around it, making it even easier for families to come together, root for their favourite team, and pass down traditions from one generation to the next.
DoorDash will soon announce a new NHL creative platform across North America, in addition to unveiling additional promotions and sweepstakes for NHL fans – including a trigger promotion for when NHL games really heat up.
About DoorDash
DoorDash (NASDAQ: DASH) is one of the world's leading local commerce platforms that helps businesses of all kinds grow and innovate, connects consumers to the best of their neighborhoods, and gives people fast, flexible ways to earn. Since its founding in 2013, DoorDash has expanded to more than 40 countries, using technology and logistics to shape the future of local commerce and broaden access to opportunity. With a growing international presence that now includes Deliveroo and Wolt, DoorDash combines global scale with local expertise to serve communities around the world.
About the National Hockey League (NHL)
Founded in 1917, the National Hockey League (NHL®) consists of 32 Member Clubs and showcases the world's best hockey players competing for the most revered trophy in professional sports – the Stanley Cup. Each team roster reflects the League’s international makeup with Players from more than 20 countries represented.
The League reaches hundreds of millions of fans worldwide through live game attendance, television, radio, digital platforms, and social media. Fans in more than 250 countries and territories engage with the NHL through a global network of media partners, including ESPN, TNT Sports and NHL Network in the United States; Prime Video, Sportsnet and TVA Sports in Canada; and SiriusXM NHL Network Radio™, Sports USA and TuneIn. Fans around the world can also stream NHL games in nearly 200 countries and territories via NHL.TV on DAZN. NHL.com and the NHL App provide fans with access to scores, statistics, highlights, news, and original content, while NHL Productions creates compelling programming that brings fans closer to the players, teams, and personalities that define the game.
The NHL is committed to fostering inclusive, healthy, and vibrant communities through hockey. Through NHL Unites, the League's social impact platform, the NHL works to ensure that hockey is welcoming and accessible to all, celebrating fans, players, and communities of every background. For more information, visit NHL.com.
DoorDash Inc. DASH dropped 0.57% intraday after agreeing to buy Wonder's Grubhub Campus Dining business for $300 million and separately investing $125 million in Wonder's Series D round.
Campus Dining, formerly Tapingo, lets students order from campus facilities and on-campus restaurants through an app or kiosks, pay with campus dining dollars and schedule pickup. It operates at more than 450 colleges and universities. The deal is expected to close by the first half of 2027, subject to regulatory review.
DoorDash said it intends to take Tapingo's vertically integrated technology stack beyond colleges into stadiums, hotels and similar venues. "Adding Grubhub Campus Dining to our platform will enable us to bring greater choice and convenience to college students while streamlining operations and reducing friction for universities," said Tony Xu.
The $125 million adds to a $650 million Series D announced in July, funding robotics, AI and physical expansion. Wonder runs 157 locations across the Northeast and Mid-Atlantic, a footprint it says has more than quadrupled since the start of 2025, and opens its first Texas sites in January.
The delivery platform DoorDash is investing in and partnering with Marc Lore-owned food tech company Wonder in deals worth a total of $425 million, the company announced on Tuesday. DoorDash will acquire Wonder’s Grubhub Campus Dining business (formerly Tapingo) for $300 million and will add $125 million to Wonder’s $650 million Series D round, announced in July.
A chain of ghost kitchen food halls designed for delivery, Wonder is trying to take a one-size-fits-all approach to fast casual dining, allowing customers to order food from a variety of different restaurants, all under the same roof. Wonder, founded by veteran e-commerce entrepreneur Marc Lore, whose prior companies were acquired by Amazon and Walmart, is slowly building a takeout empire.
Last year, Wonder acquired the food delivery platform Grubhub for $650 million, adding to its portfolio of brands like Blue Apron and Tastemade. Wonder also bought the New York City-based restaurant chains Mighty Quinn’s BBQ, Salt Hank’s, and Blue Ribbon Fried Chicken.
Lore said in a statement that the DoorDash partnership allows Wonder to “focus on [its] long-term ambition: a fully autonomous food system that can plan, produce and deliver personalized meals at scale, serving all 21 meals people eat each week.”
With its acquisition, DoorDash said that it wants to expand Wonder’s Grubhub Campus Dining business, which is live at 450 colleges and universities, to stadiums, hotels, and other venues.
“Adding Grubhub Campus Dining to our platform will enable us to bring greater choice and convenience to college students while streamlining operations and reducing friction for universities,” DoorDash co-founder Tony Xu said in a statement.
For those who live in the Northeast or Mid-Atlantic regions, the fast growth of Wonder is palpable. It seems as though new stores are popping up all over the place, and it’s not an illusion. Wonder says it now has 157 locations, more than quadrupling its footprint since the start of 2025. It plans to expand to Texas in early 2027.
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Amanda Silberling is a senior writer at TechCrunch covering the intersection of technology and culture. She has also written for publications like Polygon, MTV, the Kenyon Review, NPR, and Business Insider. She is the co-host of Wow If True, a podcast about internet culture, with science fiction author Isabel J. Kim. Prior to joining TechCrunch, she worked as a grassroots organizer, museum educator, and film festival coordinator. She holds a B.A. in English from the University of Pennsylvania and served as a Princeton in Asia Fellow in Laos.
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