DASH +11.06% 24H: Partnership with Old Navy and Strategic Expansion Signal Momentum

DASH, the stock of DoorDash, surged by 11.06% within 24 hours on NOV 15 2025, reaching $82.96. Over the past week, the stock climbed 13.64%, and by the month, it has gained 56.22%. Year-to-date, the share price has rallied 117.99%. The recent rally followed the announcement of a strategic partnership with apparel retailer Old Navy, enabling on-demand delivery of clothing and accessories across over 1,000 stores. This collaboration represents a significant expansion beyond DoorDash’s core restaurant delivery business and underscores its growing presence in the on-demand delivery space.

DoorDash also announced the expansion of its autonomous delivery initiative in Miami through a partnership with Coco Robotics, adding groceries and everyday essentials to the service offerings. This move builds on its Deliveroo acquisition and continued investment in robotics and fulfillment services. Analysts at Needham have maintained a Buy rating on DASH, citing strong long-term growth potential despite lowering their price target from $300 to $275. The firm views the recent stock decline, following a large investment in future growth, as a "buying opportunity."

Earlier in the year, DoorDash reported third-quarter revenue growth of 27.3%, although its earnings missed expectations, leading to a 15.5% drop in share price at that time. Investors expressed concern over the company’s guidance for the fourth quarter, which projected adjusted EBITDA of $760 million, below the expected $822.4 million. Despite these short-term headwinds, DoorDash remains profitable, with a diluted EPS of $1.91 over the last twelve months and a strong balance sheet with more cash than debt.

The company also reached an $18 million settlement with the city of Chicago over allegations of deceptive practices, including unauthorized restaurant listings and misleading pricing. DoorDash emphasized that the settlement is not an admission of wrongdoing and pointed out that the practices in question no longer exist.

The stock’s recent volatility reflects broader market uncertainty but also highlights the company’s strategic momentum in expanding its delivery offerings and partnerships. DoorDash’s ability to innovate and adapt to new market opportunities—such as apparel and autonomous delivery—has been a key driver of investor confidence.

The technical indicators used in assessing DASH include event-based performance metrics, such as daily move thresholds and cumulative excess returns over a defined window. These metrics help identify whether a stock outperforms a benchmark following specific events.