Dingdong (Cayman) Limited (DDL)
NYSE: DDL · IEX Real-Time Price · USD
1.220
+0.070 (6.09%)
At close: Apr 23, 2024, 4:00 PM
1.260
+0.040 (3.28%)
Pre-market: Apr 24, 2024, 7:04 AM EDT
Dingdong (Cayman) Limited Stock Forecast
Stock Price Forecast
The 1 analyst with a 12-month price forecast for DDL stock has a target of 1.15, which predicts a decrease of -5.74% from the current stock price of 1.22.
Analyst Consensus: Sell
* Price targets were last updated on Mar 5, 2024.
Analyst Ratings
According to 1 stock analyst, the rating for DDL is "Sell". This means that the analyst believes this stock is likely to lead to lower returns than market as a whole.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 1 | 1 | 1 | 1 | 0 | 0 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 1 | 1 | 1 | 1 | 1 | 1 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JP Morgan | JP Morgan | Sell Maintains $1.4 → $1.15 | Sell | Maintains | $1.4 → $1.15 | -5.74% | Mar 5, 2024 |
| JP Morgan | JP Morgan | Buy Maintains $7 → $7.5 | Buy | Maintains | $7 → $7.5 | +514.75% | Jan 11, 2023 |
| JP Morgan | JP Morgan | Sell → Buy Upgrades $2.5 → $7 | Sell → Buy | Upgrades | $2.5 → $7 | +473.77% | May 16, 2022 |
| JP Morgan | JP Morgan | Sell Initiates n/a | Sell | Initiates | n/a | n/a | Nov 19, 2021 |
| Morgan Stanley | Morgan Stanley | Buy Initiates n/a | Buy | Initiates | n/a | n/a | Jul 27, 2021 |
Financial Forecast
Revenue This Year
21.09B
from 19.97B
Increased by 5.59%
Revenue Next Year
21.80B
from 21.09B
Increased by 3.40%
EPS This Year
0.71
from -0.47
EPS Next Year
1.17
from 0.71
Increased by 64.15%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 22.5B | 24.7B | 26.8B |
| Avg | 21.1B | 21.8B | 22.0B |
| Low | 19.7B | 18.5B | 17.3B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 12.8% | 17.2% | 23.1% |
| Avg | 5.6% | 3.4% | 1.0% |
| Low | -1.2% | -12.2% | -20.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.08 | 1.53 | 0.86 |
| Avg | 0.71 | 1.17 | 0.83 |
| Low | 0.46 | 0.70 | 0.80 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 114.8% | -26.5% |
| Avg | - | 64.2% | -29.3% |
| Low | - | -2.5% | -31.4% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.