DoorDash stock jumps in premarket on upbeat order-value outlook as investors weigh 2026 tech spend
DoorDash shares jumped 7% premarket Thursday after the company projected first-quarter order value above Wall Street forecasts. The company expects adjusted EBITDA of $675 million to $775 million, below analyst estimates, citing heavy investment in a global tech rebuild. Fourth-quarter revenue rose 38% to $4.0 billion and net income reached $213 million.