On August 18, DoorDash, Inc. rose 3.37% in regular trading, trading at $219.685/share, with turnover of $208 million.

On the news front, DoorDash and Gap announced a new delivery partnership, enabling US consumers to have Gap and Gap Factory products delivered to their homes through the DoorDash platform. This marks the latest move in DoorDash's ongoing expansion into non-restaurant retail delivery. The company had previously integrated directly with Shopify to connect local brick-and-mortar retailers to its on-demand delivery network, advancing its strategy to become local last-mile logistics infrastructure.

Additionally, Serve Robotics announced on August 17 that it launched operations in Washington, D.C. and San Jose, California in collaboration with DoorDash. Analyst sentiment remains broadly positive, with a consensus overweight rating and a mean price target of approximately $254, well above the current trading level. BofA Securities recently set a $275 target, while Susquehanna raised its target to $250.

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