{
  "id": 12129497,
  "title": "Wells Fargo cuts DoorDash stock price target on margin concerns",
  "url": "https://urgent.news/2026/10/05/wells-fargo-cuts-doordash-stock-price-target-on-margin-concerns",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-05T10:33:01.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/analyst-ratings/wells-fargo-cuts-doordash-stock-price-target-on-margin-concerns-93CH-4931546"
  },
  "original_language": "en",
  "account": null,
  "summary": "Wells Fargo has reduced its price target on DoorDash Inc. (NASDAQ:DASH) to $230 from $235, while maintaining an Equal Weight rating on the shares. The company's stock is currently trading at $189.15, with a market cap of $82 billion. Wells Fargo projects fourth-quarter fiscal 2026 EBITDA guidance of $950 million to $1.1 billion, which is 260 basis points below consensus. The firm also estimates a 20 basis point quarter-over-quarter decline in total take rate to 13.2%, which is below the 13.4% consensus.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Investing.com",
        "title": "Wells Fargo raises Instacart stock price target on strong ad growth",
        "url": "https://urgent.news/2026/10/05/wells-fargo-raises-instacart-stock-price-target-on-strong-ad-growth",
        "published": "2026-10-05T10:32:52.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}