S&P 500   5,096.27
DOW   38,996.39
QQQ   439.00
Pure Storage, Hormel Foods rise; WW International, First Advantage fall, Thursday, 2/29/2024
Revolutionary Device Redefines Cancer Detection (Ad)
How major US stock indexes fared Thursday, 2/29/2024
Average long-term US mortgage rises to 6.94% after marking fourth-straight weekly increase
Revolutionary Device Redefines Cancer Detection (Ad)
Grads From This Midwestern School Are More Likely to Start a Billion Dollar Company Than Founders Who Went To Stanford, Harvard, or MIT: Study
Stock market today: Wall Street quiet after breaking more records; another bank reports trouble
Revolutionary Device Redefines Cancer Detection (Ad)
It's Leap Day, and You're Probably Working — Here's How 'February 29' Affects Your Paycheck
China's manufacturing activity contracts for 5th straight month despite policy support
S&P 500   5,096.27
DOW   38,996.39
QQQ   439.00
Pure Storage, Hormel Foods rise; WW International, First Advantage fall, Thursday, 2/29/2024
Revolutionary Device Redefines Cancer Detection (Ad)
How major US stock indexes fared Thursday, 2/29/2024
Average long-term US mortgage rises to 6.94% after marking fourth-straight weekly increase
Revolutionary Device Redefines Cancer Detection (Ad)
Grads From This Midwestern School Are More Likely to Start a Billion Dollar Company Than Founders Who Went To Stanford, Harvard, or MIT: Study
Stock market today: Wall Street quiet after breaking more records; another bank reports trouble
Revolutionary Device Redefines Cancer Detection (Ad)
It's Leap Day, and You're Probably Working — Here's How 'February 29' Affects Your Paycheck
China's manufacturing activity contracts for 5th straight month despite policy support
S&P 500   5,096.27
DOW   38,996.39
QQQ   439.00
Pure Storage, Hormel Foods rise; WW International, First Advantage fall, Thursday, 2/29/2024
Revolutionary Device Redefines Cancer Detection (Ad)
How major US stock indexes fared Thursday, 2/29/2024
Average long-term US mortgage rises to 6.94% after marking fourth-straight weekly increase
Revolutionary Device Redefines Cancer Detection (Ad)
Grads From This Midwestern School Are More Likely to Start a Billion Dollar Company Than Founders Who Went To Stanford, Harvard, or MIT: Study
Stock market today: Wall Street quiet after breaking more records; another bank reports trouble
Revolutionary Device Redefines Cancer Detection (Ad)
It's Leap Day, and You're Probably Working — Here's How 'February 29' Affects Your Paycheck
China's manufacturing activity contracts for 5th straight month despite policy support
S&P 500   5,096.27
DOW   38,996.39
QQQ   439.00
Pure Storage, Hormel Foods rise; WW International, First Advantage fall, Thursday, 2/29/2024
Revolutionary Device Redefines Cancer Detection (Ad)
How major US stock indexes fared Thursday, 2/29/2024
Average long-term US mortgage rises to 6.94% after marking fourth-straight weekly increase
Revolutionary Device Redefines Cancer Detection (Ad)
Grads From This Midwestern School Are More Likely to Start a Billion Dollar Company Than Founders Who Went To Stanford, Harvard, or MIT: Study
Stock market today: Wall Street quiet after breaking more records; another bank reports trouble
Revolutionary Device Redefines Cancer Detection (Ad)
It's Leap Day, and You're Probably Working — Here's How 'February 29' Affects Your Paycheck
China's manufacturing activity contracts for 5th straight month despite policy support
NASDAQ:DADA

Dada Nexus (DADA) Stock Price, News & Analysis

$2.10
-0.04 (-1.87%)
(As of 02/29/2024 ET)
Today's Range
$2.10
$2.24
50-Day Range
$1.41
$3.49
52-Week Range
$1.36
$11.14
Volume
1.43 million shs
Average Volume
1.69 million shs
Market Capitalization
$550.22 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$6.66

Dada Nexus MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
217.3% Upside
$6.66 Price Target
Short Interest
Healthy
1.22% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.08mentions of Dada Nexus in the last 14 days
Based on 15 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.10) to ($0.03) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.75 out of 5 stars

Business Services Sector

224th out of 315 stocks

Computer Programming, Data Processing, & Other Computer Related Industry

36th out of 57 stocks


DADA stock logo

About Dada Nexus Stock (NASDAQ:DADA)

Dada Nexus Limited operates a platform of local on-demand retail and delivery in the People's Republic of China. It operates Dada Now, a local on-demand delivery platform that provides intra-city delivery and last-mile delivery services on an on-demand basis to chain merchants, small- and medium-sized enterprise merchants, and individual senders; and JDDJ, a local on-demand retail platform for consumers, retailers, and brand owner. The company was incorporated in 2014 and is headquartered in Shanghai, the People's Republic of China.

DADA Stock Price History

DADA Stock News Headlines

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Revolutionary Device Redefines Cancer Detection
Discover the breakthrough device that could transform the lives of the estimated 68 million Americans affected by skin cancer. Achieving unprecedented accuracy, this device identifies cancer's molecular signature in just 1.5 seconds. This innovation marks a rapid advance in the battle against cancer. See how investors are unlocking 10% in bonus shares for a limited time.
Dada Nexus (NASDAQ:DADA) Shares Gap Down to $2.24
Dada Nexus (NASDAQ:DADA) Upgraded to Buy by Daiwa Capital Markets
See More Headlines
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Company Calendar

Last Earnings
11/23/2021
Today
3/01/2024
Next Earnings (Estimated)
3/13/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Computer programming, data processing, & other computer related
Sub-Industry
N/A
Current Symbol
NASDAQ:DADA
Fax
N/A
Employees
2,631
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$6.66
High Stock Price Target
$11.00
Low Stock Price Target
$3.50
Potential Upside/Downside
+217.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
6 Analysts

Profitability

Net Income
$-291,130,000.00
Pretax Margin
-9.46%

Debt

Sales & Book Value

Annual Sales
$1.39 billion
Book Value
$3.97 per share

Miscellaneous

Free Float
239,740,000
Market Cap
$550.22 million
Optionable
Optionable
Beta
1.48
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DADA Stock Analysis - Frequently Asked Questions

Should I buy or sell Dada Nexus stock right now?

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Dada Nexus in the last twelve months. There are currently 1 sell rating, 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" DADA shares.
View DADA analyst ratings
or view top-rated stocks.

What is Dada Nexus' stock price target for 2024?

6 brokers have issued 1 year target prices for Dada Nexus' shares. Their DADA share price targets range from $3.50 to $11.00. On average, they predict the company's stock price to reach $6.66 in the next year. This suggests a possible upside of 217.3% from the stock's current price.
View analysts price targets for DADA
or view top-rated stocks among Wall Street analysts.

How have DADA shares performed in 2024?

Dada Nexus' stock was trading at $3.32 at the start of the year. Since then, DADA stock has decreased by 36.7% and is now trading at $2.10.
View the best growth stocks for 2024 here
.

Are investors shorting Dada Nexus?

Dada Nexus saw a increase in short interest in the month of February. As of February 15th, there was short interest totaling 3,200,000 shares, an increase of 20.8% from the January 31st total of 2,650,000 shares. Based on an average daily trading volume, of 3,250,000 shares, the days-to-cover ratio is presently 1.0 days.
View Dada Nexus' Short Interest
.

When is Dada Nexus' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, March 13th 2024.
View our DADA earnings forecast
.

How were Dada Nexus' earnings last quarter?

Dada Nexus Limited (NASDAQ:DADA) issued its earnings results on Tuesday, November, 23rd. The company reported ($0.30) EPS for the quarter, topping the consensus estimate of ($0.37) by $0.07. The business earned $201.14 million during the quarter, compared to the consensus estimate of $259.77 million. Dada Nexus had a negative trailing twelve-month return on equity of 13.84% and a negative net margin of 14.16%. During the same quarter in the prior year, the firm earned ($0.25) EPS.

What ETFs hold Dada Nexus' stock?
What other stocks do shareholders of Dada Nexus own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Dada Nexus investors own include NVIDIA (NVDA), Alibaba Group (BABA), Home Depot (HD), Abbott Laboratories (ABT), CVS Health (CVS), Fastly (FSLY), RTX (RTX), Thermo Fisher Scientific (TMO) and Salesforce (CRM).

When did Dada Nexus IPO?

(DADA) raised $264 million in an IPO on Friday, June 5th 2020. The company issued 16,500,000 shares at a price of $15.00-$17.00 per share. Goldman Sachs (Asia), BofA Securities and Jefferies served as the underwriters for the IPO.

Who are Dada Nexus' major shareholders?

Dada Nexus' stock is owned by many different institutional and retail investors. Top institutional shareholders include Kaizen Capital Partners Ltd (4.11%), Baillie Gifford & Co. (2.85%), TT International Asset Management LTD (1.29%), Vanguard Group Inc. (1.05%), Federated Hermes Inc. (0.37%) and Norges Bank (0.26%).

How do I buy shares of Dada Nexus?

Shares of DADA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:DADA) was last updated on 3/1/2024 by MarketBeat.com Staff