Dingdong

Dingdong Stock Forecast & Price Prediction

Live Dingdong Stock (DDL) Price
$4.45

0

Ratings

  • Buy 0
  • Hold 0
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$4.45

P/E Ratio

-9.57

Volume Traded Today

$3.3M

Dividend

Dividends not available for DDL

52 Week High/low

4.50/1.07

Dingdong Market Cap

$853.6M

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DDL Summary

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.

DDL Analyst Ratings

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.

DDL stock forecast by analyst

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

DDL Company Information

What They Do: Operates an e-commerce fresh grocery platform.

Business Model: The company generates revenue by selling a wide range of fresh groceries and food products through both offline and online channels. Its online presence includes its own Dingdong Fresh app, mini-programs, and partnerships with third-party platforms, facilitating convenient access for consumers in China.

Other Information: Founded in 2017 and headquartered in Shanghai, Dingdong (Cayman) Limited focuses on delivering quality products directly to consumers, catering to the growing demand for fresh groceries in the e-commerce space.
DDL
Dingdong (DDL)

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

Dingdong (DDL) Financial Data

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

$11.34B

Revenue From 2021

$20.12B

77.50 %
From Previous Year

Revenue From 2022

$24.22B

20.38 %
From Previous Year

Revenue From 2023

$19.97B

-17.55 %
From Previous Year
  • Revenue TTM $2.92B
  • Operating Margin TTM 1.0%
  • Gross profit TTM $6.12B
  • Return on assets TTM 0.5%
  • Return on equity TTM 13.4%
  • Profit Margin 0.4%
  • Book Value Per Share 2.44%
  • Market capitalisation $853.6M
  • Revenue for 2021 $20.12B
  • Revenue for 2022 $24.22B
  • Revenue for 2023 $19.97B
  • EPS this year (TTM) $-0.02

Dingdong (DDL) Latest News

News Image

Wed, 06 Nov 2024

Sentiment - NEUTRAL

Source - PRNewsWire

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.

News Image

Fri, 01 Nov 2024

Sentiment - NEUTRAL

Source - PRNewsWire

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.

News Image

Wed, 07 Aug 2024

Sentiment - NEUTRAL

Source - Seeking Alpha

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.

News Image

Wed, 07 Aug 2024

Sentiment - NEUTRAL

Source - PRNewsWire

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.

News Image

Fri, 02 Aug 2024

Sentiment - POSITIVE

Source - 24/7 Wall Street

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.

News Image

Wed, 10 Jul 2024

Sentiment - NEUTRAL

Source - PRNewsWire

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.

...

DDL Frequently asked questions

The highest forecasted price for DDL is $1.04306 from at .

The lowest forecasted price for DDL is $0.22282 from from

The DDL analyst ratings consensus are 0 buy ratings, 0 hold ratings, and 0 sell ratings.