12 Best QQQ Stocks to Buy According to Wall Street Analysts

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2. DoorDash Inc. (NASDAQ:DASH)

Number of Hedge Fund Holders: 100

Average Upside Potential as of November 21: 64.79%

DoorDash Inc. (NASDAQ:DASH) is one of the best QQQ stocks to buy according to Wall Street analysts. On November 19, Jefferies analyst John Colantuoni upgraded DoorDash to Buy from Hold with a price target of $260, which was also upgraded from $220. Colantuoni noted that DoorDash’s lower-than-expected 2026 outlook is beneficial, as it gives the company flexibility for long-term investments and creates potential upside for consensus estimates.

The company is anticipated to make a revenue of ~$17.87 billion for the full-year 2026, with EPS coming around $6.32. Earlier the same month, DoorDash reported that the company generated $3.45 billion in net sales for Q3 2025, which was up 27.35% and beat estimates by $89.10 million. The company’s EPS for the quarter stood at $1.28, which was $0.03 higher than the guidance.

One of the company’s current core strategies is a multi-million-dollar investment in building a new global tech platform in 2026 to unify the tech stack across all markets, making it AI-native to streamline operations, enhance product development, and ultimately lead to long-term cost savings. The decision to build a single architecture was driven by the need for efficiency and faster global feature rollouts, particularly given advancements in AI.

DoorDash Inc. (NASDAQ:DASH) operates a commerce platform that connects merchants, consumers, and independent contractors in the US and internationally.

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