1103 ET - DoorDash's 2026 investment plans are likely to weigh on near-term margins, but the spending implies more durable long-term growth, Wedbush analysts say in a note. The company's investments this year will focus on creating an integrated global technology platform, building new products and verticals, and expanding the geographic footprint, according to the analysts. "We believe these initiatives are justified, as they expand DoorDash's addressable market on a global scale," the analysts say. They add that DoorDash has a path to around 28% compound annual growth in adjusted Ebitda over the next three years, even with the increased spending. DoorDash is up 5%. (elias.schisgall@wsj.com)

(END) Dow Jones Newswires

February 19, 2026 11:03 ET (16:03 GMT)

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