| Date | Upside/Downside | Analyst Firm | Price Target Change | Rating Change | Previous / Current Rating |
|---|---|---|---|---|---|
| 01/11/2023 | 17.92% | JP Morgan | $7 → $7.5 | Maintains | Overweight |
| 05/16/2022 | 10.06% | JP Morgan | $2.5 → $7 | Upgrades | Underweight → Overweight |
| 11/19/2021 | 230.19% | JP Morgan | → $21 | Initiates Coverage On | → Underweight |
| 10/08/2021 | — | Daiwa Capital | Initiates Coverage On | → Buy | |
| 07/27/2021 | 340.25% | Morgan Stanley | → $28 | Initiates Coverage On | → Overweight |
What is the target price for Dingdong (Cayman) (DDL)?
The latest price target for Dingdong (Cayman) (NYSE: DDL) was reported by JP Morgan on January 11, 2023. The analyst firm set a price target for $7.50 expecting DDL to rise to within 12 months (a possible 17.92% upside). 2 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Dingdong (Cayman) (DDL)?
The latest analyst rating for Dingdong (Cayman) (NYSE: DDL) was provided by JP Morgan, and Dingdong (Cayman) maintained their overweight rating.
When is the next analyst rating going to be posted or updated for Dingdong (Cayman) (DDL)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Dingdong (Cayman), and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Dingdong (Cayman) was filed on January 11, 2023 so you should expect the next rating to be made available sometime around January 11, 2024.
Is the Analyst Rating Dingdong (Cayman) (DDL) correct?
While ratings are subjective and will change, the latest Dingdong (Cayman) (DDL) rating was a maintained with a price target of $7.00 to $7.50. The current price Dingdong (Cayman) (DDL) is trading at is $6.36, which is out of the analyst's predicted range.