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Benzinga
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DoorDash Posts Mixed Q3, Plans Investment Of 'Several Hundred Million Dollars' In 2026

1. DoorDash's Q3 results showed mixed performance, shares dropped 15.77%. 2. Goldman Sachs cut price target from $315 to $279, maintains Buy rating. 3. Revenue and gross order value exceeded estimates, showing 25% annual growth. 4. Management plans significant investments in technology, impacting future margins. 5. Analysts have mixed ratings; some maintain Buy while others go Neutral.

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FAQ

Why Bearish?

The sharp decline in stock value indicates market skepticism. The consensus price targets being lowered also reflect caution.

How important is it?

The mixed quarter results coupled with reduced price targets strongly affect DASH's outlook. Analysts' mixed ratings show uncertainty, influencing investor decisions.

Why Short Term?

The immediate impact of Q3 results is significant, affecting investor sentiment. Future investments may stabilize prices, but current negative sentiment is palpable.

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