DoorDash Faces Capex Concerns Despite Strong Order Growth

3 months ago

Carmen Reiniki

"Uh, so the next one I'm looking at is Door Dash. So, ticker D A SH. Uh shares also down here. They're down about 19% right now. Um and you know, we talk a lot about AI and the other thing I think we talk about is capex. So, Dash shares looking like they're down right now after the company said it's going to invest several hundred million more into new products next year 2026 than it did this year. Um, this actually will also include AI tools to improve developer productivity and the spending forecast overshadowed this pretty strong results actually from Door Dash. They saw a gross order value grow ahead of the estimate and that was one of the strongest gains in that metric since 2023."

DoorDash is down about 19% after announcing a significant increase in capex for new product development and AI-enhanced tools, which has spooked investors despite strong growth in gross order value. The elevated spending forecast appears to be weighing on sentiment in the short term.

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