DoorDash shares rise 11% on strong Q1 forecast
- ByStartupStory | February 26, 2026
DoorDash’s shares rose about 11% premarket on February 19 after forecasting strong first-quarter gross order value, driven by increased demand for online grocery and food delivery.
The company reported a 32% rise in fourth-quarter total orders, following a 19% rise the previous year.
RBC Capital Markets noted strength in grocery and retail categories, with DoorDash attracting more new consumers in Q4 2025 than any prior quarter.
The company now expects its marketplace gross order value to reach between US$31 billion and US$31.8 billion in Q1, exceeding estimates of US$29.6 billion.
To expand its platform, DoorDash plans to rebuild its technology system in 2026, integrating brands like Wolt and Deliveroo onto a single platform with several hundred million dollars in investment.
However, these investments are expected to impact profitability, with Q1 adjusted EBITDA projected between US$675 million and US$775 million, below estimates of US$798 million.
🔗 Source: Reuters
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