Wedbush has upgraded DoorDash Inc (DASH) to Outperform from Neutral, effective November 12, 2025. The stock is currently priced at $195.21.
This upgrade reflects a more optimistic outlook on DoorDash’s prospects, which may suggest improved fundamentals or enhanced confidence in the company's strategic direction. The firm operates a food delivery and logistics platform, employing 23,700 individuals and serving over 30 countries worldwide.
DoorDash's market capitalization stands at $83.4 billion, with a trailing twelve-month price-to-earnings ratio of 96.61 and earnings per share of $1.93. Upcoming earnings reports are scheduled for August 3, 2026, with estimated earnings per share (EPS) of $0.94 and revenue of $4.0 billion, and May 3, 2026, with an EPS estimate of $0.82 and revenue of $4.2 billion.
Analyst consensus currently indicates a Buy rating, with 13 Strong Buy, 25 Buy, and 15 Hold ratings among a total of 53 analysts. This upgrade adds to a series of recent analyst actions, including a Buy rating from Goldman Sachs and an Overweight rating from JP Morgan.
The announcement highlights the evolving sentiment toward DoorDash as it continues to navigate the competitive landscape of the food delivery industry.