1202 ET - DoorDash seems to be in "full investment mode" after its 4Q print, pursuing major investments in revamping its tech stack, building new products, and expanding its global footprint, according to Mizuho in a note. But while growing at a healthy clip, Analyst Lloyd Walmsley says DoorDash is less likely to show upside gross order value or adjusted Ebitda, as the company signals continuing investment in 2027. Still, he says the company should be investing given the scale of opportunities. "We believe best-in-class execution at DASH, combined with compelling product opportunities, has earned management the room to invest to drive stronger-for-longer top-line growth and long-term profit growth." DoorDash is up 4.8%. (elias.schisgall@wsj.com)

(END) Dow Jones Newswires

February 19, 2026 12:02 ET (17:02 GMT)

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