Overview

• Dingdong Q3 2025 revenue grows 1.9% yr/yr, marking seven straight quarters of growth

• Company reports Q3 net income of RMB82.9 mln, maintaining seven quarters of profitability

• Non-GAAP net income for Q3 reaches RMB101.3 mln, twelfth consecutive quarter of profitability

Outlook

• Dingdong aims to maintain scale and achieve non-GAAP profits in Q4 2025

Result Drivers

• ORDER GROWTH - Increase in number of orders and market penetration in East China drove revenue growth

• PRICE DECLINE IMPACT - Revenue growth offset by price declines in pork, eggs, and vegetables

• COST MANAGEMENT - Decrease in sales and marketing expenses due to strategic shifts

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 1 "hold" and 1 "sell" or "strong sell"

• The average consensus recommendation for the online services peer group is "buy"

• Wall Street's median 12-month price target for Dingdong (Cayman) Ltd is $2.77, about 36.1% above its November 11 closing price of $1.77

• The stock recently traded at 6 times the next 12-month earnings vs. a P/E of 8 three months ago

Press Release: ID:nPnp7FkNa

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)