DiDi Global Stock (DIDIY) in December 2025: Robotaxi Launch, Buybacks and 2026 Forecasts Explained

Published: December 6, 2025 — Information only, not investment advice.

DiDi Global Inc. (OTC: DIDIY), the Chinese ride‑hailing giant that became a symbol of Beijing’s tech crackdown, is back in the spotlight. The stock has clawed its way out of penny‑stock territory, earnings have turned positive again, robotaxi trials are underway, and a large IPO lawsuit settlement is finally moving toward closure. Yet the shares still trade at what many analysts see as “China risk” valuations.

This article brings together the latest news, earnings, forecasts and analyses up to December 6, 2025, to give a 360° view of DiDi Global stock for investors watching DIDIY into 2026.

Key takeaways on DiDi Global stock right now

Share price & size: DiDi’s OTC ADRs (each representing four Class A shares) trade around $5.3, giving a market cap near $26.3 billion. The 52‑week range runs from about $3.15 to $6.99. ^[1]
Revenue recovery: Trailing 12‑month revenue is roughly $30 billion, up about 8% year‑on‑year, confirming that top‑line growth has restarted after the regulatory shock of 2021–2022. ^[2]
2025 earnings pattern: Q1 2025 was profitable, Q2 swung to a loss after a 5.3 billion yuan provision for a U.S. IPO lawsuit, and Q3 2025 returned to profit as revenue grew and legal overhangs were provisioned. ^[3]
Robotaxis & buybacks: DiDi has launched 24/7 fully unmanned robotaxi trials in Guangzhou, is raising capital for its self‑driving unit at a targeted $5 billion valuation, and has completed a US$286 million share repurchase program covering about 61.5 million shares. ^[4]
Legal progress: A $740 million settlement of U.S. IPO litigation is expected to be finalized after the company set aside 5.3 billion yuan in Q2, a key step in cleaning up its legal legacy. ^[5]
Analyst view: Wall Street’s 12‑month consensus price target is about $8.60, implying roughly 63% upside from current levels, with an overall “Buy” rating. ^[6]
AI & quant forecasts: AI‑driven sites like Meyka, StockScan, WalletInvestor and others tilt bullish, with many models projecting double‑digit percentage upside by 2026 and the potential for the stock to more than double over longer horizons—though these are model outputs, not guarantees. ^[7]

DiDi Global stock price today: where DIDIY stands on 6 December 2025

DiDi trades in the U.S. over‑the‑counter market under ticker DIDIY, with each ADR representing four underlying Class A shares. Recent price data from StockAnalysis, Digrin and Investing.com show that:

On December 5, 2025, DIDIY closed at $5.28, down from a prior close near $5.50. ^[8]
Digrin lists a current price around $5.30, a 52‑week low of $3.15, and a 52‑week high of $6.99, with an estimated market capitalization of about $26.3 billion. ^[9]
Earnings per share over the last year are slightly negative (about –$0.02), giving a mechanically odd P/E around –275, a reminder that profits are only just recovering after heavy regulatory and legal costs. ^[10]

On the revenue side, Macrotrends and other fundamental data providers estimate trailing 12‑month revenue of roughly $29.9–30.0 billion, up about 8% from the prior year. ^[11] Combined with the ~$26 billion market cap, that places DiDi on roughly a 0.8–0.9x price‑to‑sales multiple, significantly below many global mobility and internet peers, which often trade at several times sales.

Some trader‑oriented analyses, such as a late‑August breakdown on TimothySykes.com, highlight similar figures: a price‑to‑sales ratio under 1x and a price‑to‑book around 1.9x, noting that DiDi’s enterprise value (after net cash) appears meaningfully lower than its headline equity value. ^[12]

The message: the market is still pricing in a heavy China and regulatory discount, even as the fundamental story improves.

Earnings rebound: what DiDi’s 2025 results say about the business

From lawsuit‑driven loss to profitable growth

Digrin’s breakdown of DiDi’s earnings shows a company that has moved from deep losses to modest but growing profitability: ^[13]

2022: –$3.5 billion in net income on ~$20.4 billion revenue
2023: +$69.7 million profit on ~$27.2 billion revenue
2024: +$172.4 million profit on ~$28.3 billion revenue

In 2025, the quarterly pattern is what really matters:

Q1 2025: profit of about $324 million on $7.3 billion in revenue. ^[14]
Q2 2025: a loss of ~$347 million on $7.9 billion revenue, driven not by weak operations but by a huge legal charge. ^[15]
- Reuters reports that DiDi booked a 2.5 billion yuan (≈$350m) net loss in Q2 after provisioning 5.3 billion yuan (about $740 million) for a U.S. IPO class‑action settlement, even as revenue grew 10.9% year‑on‑year to 56.4 billion yuan and overseas revenue jumped about 28%. ^[16]
Q3 2025: a return to profit.
- Reuters and multiple equity research notes state that Q3 revenue rose 8.6% to 58.6 billion yuan, with net profit around 1.5 billion yuan, up from about 0.9 billion yuan in the same quarter a year earlier. International mobility revenue climbed roughly 35% to 3.96 billion yuan, while China mobility revenue grew 7.6% to 51.8 billion yuan. ^[17]

Simply Wall St’s recap of Q3 places revenue at 58.59 billion yuan and net income at 1.46 billion yuan, broadly matching the Reuters figures. ^[18]

A Seeking Alpha article published on December 5, 2025, titled “Huge Earnings Growth Potential Ahead,” argues that this Q3 beat demonstrates resilient demand in China, improving profitability in international markets, and the early stages of robotaxi commercialization, leading the author to maintain a “Buy” rating. ^[19]

In short:

Revenue growth has resumed at a high single‑digit pace.
Profitability is lumpy—due to legal and investment charges—but trending upward.
The business is no longer the deep‑loss story it was in 2021–2022.

Robotaxis, Hong Kong listing talk and buybacks: the latest DiDi news

Robotaxi launch and self‑driving unit valuation

Two 2025 developments stand out for DiDi’s long‑term thesis:

Self‑driving unit fundraising:
In March 2025, Reuters reported that DiDi was seeking fresh capital for its autonomous‑driving subsidiary at a target valuation of around $5 billion, underlining management’s view that self‑driving is a major value pillar separate from the core ride‑hailing business. ^[20]
24/7 fully unmanned robotaxi trials:
A December 2025 Simply Wall St note highlights that DiDi has launched round‑the‑clock fully driverless robotaxi services in Guangzhou’s Huangpu district, an important proof‑of‑concept for mass deployment. ^[21]

The December 5 Seeking Alpha analysis goes further, suggesting that DiDi’s robotaxi operations could, at scale, deliver contribution margins approaching 40%, significantly higher than traditional ride‑hailing, and that the company has confirmed a broader robotaxi rollout starting December 2025. ^[22]

If that margin structure even partly materializes, robotaxis could transform DiDi from a mid‑margin ride‑hailing platform into a high‑margin autonomous mobility network—a key reason many growth‑oriented investors are watching closely.

Share repurchases and capital allocation

Capital returns are another major theme:

Simply Wall St reports that DiDi has completed a US$286.1 million share repurchase program, buying back roughly 61.5 million shares. ^[23]
A March 2025 Seeking Alpha piece (title only visible) references a “Strong Finish of 2024 and Another Massive Share Repurchase Program,” suggesting that management has leaned heavily on buybacks as a way to return capital and signal confidence while the stock trades at a discount. ^[24]

Combined with a still modest overall profit base, this buyback activity effectively means shareholders are trading near book value while the share count quietly shrinks, amplifying any future earnings recovery.

Hong Kong listing chatter

A detailed December 2025 valuation piece on AInvest frames DiDi as a “high‑conviction buy” partly because of speculation around a future Hong Kong listing, which could eventually offer better liquidity and more mainstream institutional access than its current OTC status in the U.S. ^[25]

That same analysis:

Puts DiDi’s price‑to‑sales ratio at about 0.8x,
Estimates a DCF‑based fair value near $19.46 per ADR,
And models annual earnings growth above 50% for the next several years, while heavily caveating regulatory and geopolitical risks. ^[26]

This is a very bullish take, but it captures how some growth investors see DiDi: as a structurally profitable platform with optionality in robotaxis and a potential valuation “unlock” if it secures a major relisting.

Regulatory and legal risk: is the worst finally over?

Regulation remains the single biggest overhang on DiDi Global stock.

In 2021, the company pressed ahead with a U.S. IPO without full sign‑off from Chinese authorities, triggering a cybersecurity probe, a ban on new user registrations, removal of its app from Chinese app stores, and ultimately a 1.2 billion dollar equivalent fine in 2022. ^[27]
That episode also sparked a U.S. securities class‑action lawsuit accusing DiDi of concealing and disobeying a Chinese government order to postpone the IPO until data‑security issues were resolved. ^[28]

In September 2025, Reuters reported that DiDi had agreed to a $740 million settlement of that U.S. IPO case and set aside 5.3 billion yuan for it in Q2, which is what pushed that quarter into loss. A plaintiffs’ lawyer told the court the settlement is expected to be submitted for approval to a Manhattan federal judge, likely in mid‑October. ^[29]

This settlement, once fully approved, would:

Remove a major legal uncertainty for U.S. investors,
Clarify DiDi’s total cash outlay for legacy issues, and
Let the company focus on operations, competition, and technology rather than courtroom risk.

On top of that, trader‑oriented coverage (e.g., on TimothySykes.com) points to executive reshuffles and pullbacks from some non‑core international markets, interpreting them as strategic moves to stabilise regulatory relationships and refocus on core domestic strengths. ^[30]

However, China’s data‑security and platform‑economy rules remain opaque and politically sensitive. Even with the big lawsuits largely resolved, policy risk is not gone—it’s just better quantified than it was in 2021–2022.

DiDi Global stock forecasts for 2026 and beyond

Wall Street analyst ratings and price targets

MarketBeat aggregates the views of four Wall Street equity analysts covering DiDi Global and, as of early December 2025, reports: ^[31]

Consensus 12‑month price target:$8.60
- High target: $10.00
- Low target: $7.20
Implied upside: about 62.8% from a share price near $5.28–$5.30. ^[32]
Consensus rating:“Buy”, based on 1 Strong Buy, 2 Buys, and 1 Hold, with no Sells.
Recent coverage includes Citigroup and JPMorgan initiating with Buy/Overweight‑type ratings in 2025, plus upgrades from other research shops. ^[33]

MarketBeat’s own “pros and cons” summary emphasizes:

Pros: diversified business lines (ride‑hailing, food delivery, bike‑sharing, EV leasing, intra‑city freight), broad international footprint (China, Brazil, Mexico and more), and solid liquidity and trading volume. ^[34]
Cons: limited institutional ownership, high competitive intensity from both local and global rivals, and a share price that has not delivered strong total returns over the past year despite improving fundamentals. ^[35]

Investing.com’s WarrenAI ranking of top rideshare stocks, published on December 6, 2025, places DiDi fourth behind Uber, Lyft and Grab. It notes that: ^[36]

DIDIY trades around $5.29,
Has a “Pro Score” of 2.78,
And an internal “Fair Value” estimate of $6.21, implying roughly 17% upside based on its quantitative model.

The same article calls DiDi a “mixed investment case”: analyst targets imply significant potential upside, but technical indicators show “Strong Sell” and its one‑year return lags sector leaders. ^[37]

Algorithmic & AI-powered price predictions

Beyond traditional research, several AI/quant platforms publish model‑driven forecasts for DiDi Global stock. These should never be treated as promises, but they do give a sense of how quantitative tools see the risk‑reward.

1. Meyka AI

Meyka’s forecasting page for DIDIY currently shows: ^[38]

Current price: about $5.25
1‑month forecast: $5.36 (+2.1%)
Quarterly forecast: $6.53 (+24.4%)
1‑year (2026) forecast:$5.97 (+13.7%)
3‑year forecast: $8.28 (+57.7%)
5‑year forecast:$10.60 (+102%)
7‑year forecast: $14.18 (+170%)

Meyka labels both its short‑term and long‑term outlook as “bullish”, with the caveat—prominently displayed—that these are model outputs, not investment advice. ^[39]

2. StockScan

StockScan’s forecast page, using a blend of analyst targets and its own modelling, reports: ^[40]

Current reference price: $5.2835
30‑day average target: $6.55 (+23.9%)
12‑month average target:$7.65, implying roughly +45% upside
For 2026, an average projected price of $7.65, with monthly estimates ranging from about $6.05 to $9.26.
Longer‑term projections suggest averages of about $10.4 in 2028, $11.7 in 2029, and $12.9 in 2030, corresponding to near‑doubling or more versus the current price if those paths materialize.

StockScan also offers extremely long‑dated numbers (2035–2050) that show multi‑hundred‑percent gains—but those rely on extrapolations that become increasingly speculative.

3. WalletInvestor

WalletInvestor, a popular technical‑analysis‑driven site, currently describes DIDIY as a “very good long‑term (1‑year) investment” and shows: ^[41]

Current quote (Dec 6, 2025):$5.25
1‑year forecast (late 2026):$7.00
5‑year forecast (2030):$12.10, implying a potential +130% gain over five years if the model is correct.

Again, these are algorithmic projections updated frequently with price data, not fundamental research.

4. Short‑term technical targets

At the very short horizon, sites like PandaForecast (currently experiencing intermittent access issues) have been posting daily targets such as a forecast price around $5.94 for December 6, 2025, with an expected daily volatility of about 3.9%, and a positive directional bias. ^[42]

Bottom line on forecasts: across Wall Street research, AI models and technical systems, the central tendency points to meaningful upside from current levels, but the spread of outcomes—and the dependence on China policy and global risk sentiment—is very wide.

Is DiDi Global stock a buy, sell or hold heading into 2026?

Only you can decide what to do with your money, but we can outline the bull and bear cases as they look on December 6, 2025.

Bullish arguments for DIDIY

Growth is back, and margins are improving.
Revenue is growing at a high single‑digit pace, with Q3 2025 showing 8.6% year‑on‑year growth and a return to healthy profits even after Q2’s one‑off legal charge. ^[43]
Legal overhang is being resolved.
The $740 million U.S. IPO settlement, already provisioned in Q2, should remove a major litigation risk once approved by the court. ^[44]
Robotaxi and self‑driving provide high‑margin optionality.
DiDi is running fully unmanned 24/7 robotaxi trials and seeking funding at a $5 billion valuation for its autonomous unit. Bullish analyses argue that, at scale, robotaxis could carry substantially higher margins than traditional ride‑hailing and materially boost earnings. ^[45]
Valuation is compressed vs. peers.
With a P/S under 1x, near‑book valuation, and improving profitability, DiDi screens as inexpensive compared to many global mobility and tech names, especially if earnings can compound at double‑digit rates. ^[46]
Buybacks support per‑share value.
Hundreds of millions of dollars of completed and authorized buybacks mean that if cash flows grow, earnings per share and intrinsic value per ADR could grow faster than headline profits. ^[47]
Analysts broadly positive.
Street research points to a Buy‑rated stock with ~60%+ upside over 12 months, plus multi‑year AI/quant models projecting continued appreciation under optimistic scenarios. ^[48]

Bearish arguments & key risks

Regulatory risk is reduced, not removed.
China’s data‑security, competition and platform rules remain fluid. A new investigation, fine, or policy shift could again hit DiDi’s business or limit its ability to expand, list abroad, or monetize data.
Competition is intensifying at home and abroad.
Reuters notes that domestic rivals, including super‑apps backed by Alibaba and Meituan, are bundling ride‑hailing services into broader ecosystems, pressuring DiDi’s pricing power and marketing spend. ^[49]
Earnings remain volatile.
Even in 2025, DiDi swung from profit (Q1) to loss (Q2) to profit again (Q3), and Q2’s 2.5 billion yuan loss underscores that one‑off items can still dominate reported results. ^[50]
OTC listing and low institutional ownership.
DIDIY trades OTC rather than on a major U.S. exchange, limiting liquidity, index inclusion, and institutional participation. MarketBeat notes that institutional ownership is still low, amplifying volatility and sentiment swings. ^[51]
Macro and sentiment headwinds.
China equities remain out of favor with many global investors. That macro discount may persist regardless of company‑specific progress, delaying any re‑rating even if fundamentals improve.

What to watch in 2026

If you follow DiDi Global stock, the most important catalysts to track into 2026 are:

Robotaxi commercialization metrics
- Number of cities beyond Guangzhou
- Ride volumes, safety record, and regulatory approvals
- Any disclosed unit‑economics or margin data
International growth vs. discipline
- Progress and profitability in Latin America and other overseas markets, where Q3 already showed ~35% revenue growth off a small base. ^[52]
Final approval of the U.S. IPO settlement
- Confirmation that the $740m deal is fully approved and paid, and whether any additional provisions are necessary. ^[53]
Capital return policy
- Size and pace of future buybacks or the introduction of a regular dividend, which some analysts see as a potential next step if cash flows remain strong. ^[54]
Any concrete steps toward a Hong Kong listing
- Even rumors of a firm timeline could shift the investor base and valuation narrative materially. ^[55]

Final thoughts

As of December 6, 2025, DiDi Global stock sits at the intersection of recovery, innovation and geopolitical risk:

The core business is growing and again profitable.
The legal legacy of the 2021 IPO is close to being put to bed.
Robotaxi and self‑driving initiatives offer genuine long‑term optionality.
Yet the stock still trades on “show me” valuations, reflecting lingering doubts about Chinese tech regulation, competition and governance.

For value‑oriented and growth‑oriented investors comfortable with China risk, DIDIY may look like a discounted growth platform with embedded call options on robotaxis and a potential future relisting. For more conservative investors, the combination of regulatory uncertainty, OTC trading status and earnings volatility will likely keep DiDi in the “too hard” bucket for now.

Either way, DiDi Global will remain one of the most watched Chinese mobility stocks in 2026—and a key test case for whether Beijing’s tech crackdown era is truly moving into a more predictable, investor‑friendly phase.