Didi Global Inc ADR (DIDI:NYE) Analysts rate as a Strong Buy, $5.63 target

STA Research
by: STA Research
Didi Global Inc

Didi Global Inc ADR Stock Analysis:

Based on the Didi Global Inc ADR stock forecasts from 1 analysts, the average analyst target price for Didi Global Inc ADR is USD 5.63 over the next 12 months. Didi Global Inc ADR’s average analyst rating is Strong Buy. Stock Target Advisor’s own stock analysis of Didi Global Inc ADR is Slightly Bearish, which is based on 2 positive signals and 3 negative signals. At the last closing, Didi Global Inc ADR’s stock price was USD 2.89Didi Global Inc ADR’s stock price has changed by +0.00% over the past week, -12.69% over the past month and -69.71% over the last year.

 

About Didi Global Inc ADR (DIDI:NYE)

DiDi Global Inc. operates a mobility technology platform that provides ride hailing and other services in the People’s Republic of China, Brazil, Mexico, and internationally. It offers ride hailing, taxi hailing, chauffeur, hitch, and other forms of shared mobility services; auto solutions comprising leasing, refueling, and maintenance and repair services; electric vehicle leasing services; and bike and e-bike sharing, intra-city freight, food delivery, and financial services. The company was formerly known as Xiaoju Kuaizhi Inc. and changed its name to DiDi Global Inc. in June 2021. DiDi Global Inc. was founded in 2012 and is headquartered in Beijing, China.

 

 

What we like:

Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

What we don’t like:

Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Negative cashflow

The company had negative total cash flow in the most recent four quarters.

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