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DASH +11.06% 24H: Collaboration with Old Navy and Targeted Growth Indicate Continued Progress

DASH +11.06% 24H: Collaboration with Old Navy and Targeted Growth Indicate Continued Progress

Bitget-RWA2025/11/15 16:16
By:Bitget-RWA

- DoorDash's DASH stock surged 11.06% in 24 hours on Nov 15, 2025, driven by a strategic apparel delivery partnership with Old Navy. - The collaboration expands DoorDash's on-demand services beyond restaurants , covering 1,000+ stores with clothing and accessories delivery. - Autonomous delivery expansion in Miami via Coco Robotics and a $275 price target from Needham analysts highlight growth momentum. - Despite Q3 earnings misses and a $18M Chicago settlement, DoorDash maintains profitability with $1.91

DASH, the ticker symbol for

, jumped 11.06% in just one day on November 15, 2025, closing at $82.96. Over the last seven days, the stock advanced 13.64%, and for the month, it is up 56.22%. Since the start of the year, shares have soared 117.99%. This sharp increase came after DoorDash revealed a new strategic alliance with Old Navy, a clothing retailer, to offer on-demand delivery of apparel and accessories from more than 1,000 locations. The partnership marks a major step beyond DoorDash’s traditional restaurant delivery services and highlights its expanding footprint in the on-demand delivery sector.

Additionally, DoorDash shared news of broadening its autonomous delivery program in Miami by teaming up with Coco Robotics, now including groceries and daily necessities in its offerings. This initiative follows its acquisition of Deliveroo and ongoing investments in robotics and logistics. Needham analysts have reiterated their Buy recommendation for

, noting robust long-term growth prospects, even as they reduced their price target from $300 to $275. The analysts consider the recent dip in share price, after significant spending on future expansion, as an attractive entry point.

Earlier this year, DoorDash posted a 27.3% increase in third-quarter revenue, but earnings fell short of forecasts, causing the stock to drop 15.5% at that time. Investors were unsettled by the company’s fourth-quarter outlook, which projected adjusted EBITDA of $760 million, below the anticipated $822.4 million. Despite these near-term challenges, DoorDash remains in the black, reporting a diluted EPS of $1.91 over the past year and maintaining a solid financial position with more cash than debt.

The company also agreed to pay $18 million to settle with the city of Chicago over claims of deceptive actions, such as listing restaurants without permission and unclear pricing. DoorDash stated that the settlement does not imply any admission of fault and noted that the disputed practices have been discontinued.

The recent swings in the stock price mirror broader market volatility but also point to DoorDash’s strategic progress in growing its delivery services and forging new partnerships. The company’s ongoing innovation and ability to seize new business opportunities—like entering the apparel sector and expanding autonomous delivery—have helped bolster investor optimism.

Technical analysis of DASH involves event-driven performance indicators, including daily movement thresholds and cumulative excess returns over specific periods. These tools are used to determine if the stock outperforms a benchmark after certain events.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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