Based on ratings from 0 stock analysts, the Dingdong stock price is expected to decrease by 87.54% in 12 months. This is calculated by using the average 12-month stock price forecast for Dingdong . The lowest target is $0.22282 and the highest is $1.04306. Please note analyst price targets are not guaranteed and could be missed completely.
Dingdong has a total of 0 Wall St Analyst ratings. There are 0 buy ratings, 0 ratings, and 0 sell ratings. Since most analysts have a sell consensus rating, the expectation is that Dingdong will perform worse than the market. Investors shouldn't rely purely on analyst ratings; we encourage investors to also take a look at the fundamental and technical analysis in their due diligence.
These are the latest 20 analyst ratings of DDL.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Andre Chang JP Morgan | Underweight | $1.15 | Maintains | Mar 5, 2024 |
Andre Chang JP Morgan | Overweight | $7.5 | Maintains | Jan 11, 2023 |
Andre Chang JP Morgan | Overweight | $7 | Upgrade | May 16, 2022 |
JP Morgan | Underweight | Initiates | Nov 19, 2021 | |
Daiwa Capital | Buy | Initiates | Oct 8, 2021 | |
Morgan Stanley | Overweight | Initiates | Jul 27, 2021 |
When did it IPO
2021
Staff Count
3,015
Country
China
Sector/Industry
Consumer Defensive/Grocery Stores
CEO
Mr. Liang Changlin
Market Cap
$853.6M
In 2023, DDL generated $19.97B in revenue, which was a decrease of -17.55% from the previous year. This can be seen as a signal that DDL's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - Dingdong (Cayman) Limited reported a 28.3% year-over-year increase in GMV for Q3 2024, reaching RMB7,267 million (US$1,035.5 million), up from RMB5,665.4 million in Q3 2023.
Why It Matters - Dingdong's 28.3% GMV growth signals strong demand and effective supply chain management, potentially enhancing investor confidence and stock performance.
Summary - Dingdong (Cayman) Limited (NYSE: DDL) will report Q3 2024 unaudited financial results on November 6, 2024, before U.S. markets open, followed by a conference call at 7:00 A.M.
Why It Matters - Dingdong's upcoming earnings report could influence its stock price, reflecting financial health and growth potential, crucial for investor sentiment and market positioning.
Summary - Dingdong (Cayman) Limited (NYSE: DDL) will hold its Q2 2024 earnings call on August 7, 2024, at 8:00 AM ET, featuring key executives and analysts from various firms.
Why It Matters - The earnings call provides insights into Dingdong's financial performance and strategic direction, influencing investor sentiment and potential stock price movements.
Summary - Dingdong (Cayman) Limited reported Q2 2024 GMV of RMB6,218.7 million, a 16.8% increase year-over-year from RMB5,322.4 million in Q2 2023.
Why It Matters - Dingdong's 16.8% GMV growth signals strong demand in the fresh grocery sector, indicating potential revenue increases and market expansion, which can positively impact its stock performance.
Summary - Penny stocks are a notable investment category, often characterized by low prices and high volatility, attracting investors seeking high-risk, high-reward opportunities.
Why It Matters - Penny stocks can offer high volatility and potential for significant returns, attracting speculative investors looking for quick gains, but they also carry high risks of loss and fraud.
Summary - Dingdong (Cayman) Limited (NYSE: DDL) will release its Q2 2024 unaudited financial results on August 7, 2024, before U.S. market open, followed by an earnings call at 8:00 A.M.
Why It Matters - Dingdong's upcoming earnings report could impact its stock price and provide insights into its financial health and market performance, influencing investor sentiment and decisions.