DoorDash Says AI Agents Placed Only Several Hundred Orders Since Going Live: how 5 outlets framed it

DoorDash reported 3Q 2026 revenue of $4.62B, net income of $466M, and EPS of $1.06, up 34%, 91%, and 92.7% YoY. Growth driven by Marketplace gross order value and Deliveroo acquisition. Net revenue margin was 13.6%.

Wedbush upgraded DoorDash (DASH) to 'Outperform' and raised its price target to $230, citing strong Q3 results and the Instacart acquisition. Wells Fargo lowered its target to $200, noting mixed views on the deal. Both stocks saw high retail sentiment, with DASH down 22% and CART up 22% year-to-date.

DoorDash (DASH) will acquire Instacart (INST) in a $17 billion deal, valuing Instacart shares at $65 each. The merger aims to combine DoorDash's restaurant delivery network with Instacart's grocery services, potentially improving delivery speed and affordability. The FTC may scrutinize the deal due to concerns over competition and consumer costs.

DoorDash is acquiring Instacart for $17 billion, combining two major delivery platforms. The deal expands DoorDash's market reach to nearly 150,000 stores. DoorDash shares rose 9% in premarket trading. The acquisition follows a $131.5 million settlement for underpaying workers.

Truist Securities kept its Buy rating on DoorDash and increased its price target to $340 from $336, suggesting an 89.9% upside from the last close. Recent analyst targets for DoorDash range from $205 to $255.

DoorDash agreed to acquire Instacart for $17B, a deal expected to take over a year to finalize. The acquisition will expand Instacart's store selection to 150,000. DoorDash aims to leverage Instacart's grocery expertise, while Instacart plans to accelerate industry innovation. Regulators will review the deal for antitrust concerns.