NASDAQ:DADA Dada Nexus (DADA) Stock Forecast, Price & News $5.36 +0.36 (+7.20%) (As of 06/2/2023 ET) Add Compare Share Share Today's Range$5.13▼$5.4550-Day Range$4.66▼$8.7452-Week Range$2.98▼$15.59Volume1.83 million shsAverage Volume2.02 million shsMarket Capitalization$1.37 billionP/E RatioN/ADividend YieldN/APrice Target$14.00 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Dada Nexus MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside161.2% Upside$14.00 Price TargetShort InterestHealthy1.42% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.44Based on 3 Articles This WeekInsider TradingN/AProj. Earnings GrowthGrowingFrom ($0.02) to $0.41 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.85 out of 5 starsBusiness Services Sector215th out of 339 stocksComputer Programming, Data Processing, & Other Computer Related Industry33rd out of 60 stocks 3.5 Analyst's Opinion Consensus RatingDada Nexus has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $14.00, Dada Nexus has a forecasted upside of 161.2% from its current price of $5.36.Amount of Analyst CoverageDada Nexus has received no research coverage in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.42% of the outstanding shares of Dada Nexus have been sold short.Short Interest Ratio / Days to CoverDada Nexus has a short interest ratio ("days to cover") of 2, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Dada Nexus has recently increased by 2.54%, indicating that investor sentiment is decreasing. Previous Next 0.0 Dividend Strength Dividend YieldDada Nexus does not currently pay a dividend.Dividend GrowthDada Nexus does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for DADA. Previous Next 1.9 News and Social Media Coverage News SentimentDada Nexus has a news sentiment score of 0.44. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Business Services companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Dada Nexus this week, compared to 2 articles on an average week.Search InterestOnly 3 people have searched for DADA on MarketBeat in the last 30 days. This is a decrease of -57% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added Dada Nexus to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Dada Nexus insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 8.50% of the stock of Dada Nexus is held by insiders.Percentage Held by InstitutionsOnly 18.11% of the stock of Dada Nexus is held by institutions. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Dada Nexus are expected to grow in the coming year, from ($0.02) to $0.41 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Dada Nexus is -5.01, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Dada Nexus is -5.01, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioDada Nexus has a P/B Ratio of 1.41. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Dada Nexus (NASDAQ:DADA) StockDada 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.Read More Receive DADA Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Dada Nexus and its competitors with MarketBeat's FREE daily newsletter. Email Address DADA Stock News HeadlinesJune 1, 2023 | finance.yahoo.comDo Options Traders Know Something About Dada Nexus (DADA) Stock We Don't?May 31, 2023 | finance.yahoo.comDada Publishes 2022 ESG ReportJune 3, 2023 | Behind the Markets (Ad)"Unknown laser company making HUGE profit from Russia-Ukraine War"On February 24th, Russia invaded Ukraine. This caused major stock losses and soaring gas prices. But it also created a HUGE opportunity for savvy investors. There's an unknown laser company that's been profiting greatly from this war... ...and from another major conflict happening 3,000 miles away. Learn more here >>>May 28, 2023 | finance.yahoo.comShareholders in Dada Nexus (NASDAQ:DADA) have lost 24%, as stock drops 7.3% this past weekMay 14, 2023 | americanbankingnews.comDada Nexus (NASDAQ:DADA) Stock Price Down 5% on Analyst DowngradeMay 13, 2023 | americanbankingnews.comDada Nexus (NASDAQ:DADA) Stock Price Up 10.6%May 13, 2023 | americanbankingnews.comDada Nexus (NASDAQ:DADA) Given New $11.00 Price Target at CitigroupMay 12, 2023 | msn.comCitigroup Maintains Dada Nexus Ltd - ADR (DADA) Buy RecommendationJune 3, 2023 | Stocks To Trade (Ad)15 A.I. Trading Opportunities a DayUsing our algorithm, we sift through 15,000 stocks every second. We generate 15 trading opportunities a day.May 12, 2023 | markets.businessinsider.comJefferies Keeps Their Buy Rating on Dada Nexus (DADA)May 11, 2023 | benzinga.comDada Nexus Q1 Adj. EPS $(0.03) Beats $(0.07) Estimate, Sales $376.42M Beat $374.28M EstimateMay 11, 2023 | benzinga.comDADA Nexus Limited shares are trading higher after the company reported better-than-expected Q1 financial results and issued Q2 revenue guidance.May 11, 2023 | msn.comWW, NDLS and SMFL are among consumer moversMay 11, 2023 | finanznachrichten.deDada Nexus Limited: Dada Announces Unaudited First Quarter 2023 Financial ResultsMay 10, 2023 | finance.yahoo.comDada Announces Unaudited First Quarter 2023 Financial ResultsMay 10, 2023 | americanbankingnews.comDada Nexus (NASDAQ:DADA) Price Target Cut to $13.00 by Analysts at MizuhoMay 9, 2023 | msn.comEarnings Preview For Dada NexusMay 8, 2023 | americanbankingnews.comDada Nexus (DADA) to Release Earnings on WednesdayMay 4, 2023 | finance.yahoo.comDada to Announce Unaudited First Quarter 2023 Financial Results on May 10, 2023April 25, 2023 | finance.yahoo.comDada Files Annual Report on Form 20-F for Fiscal Year 2022April 14, 2023 | americanbankingnews.comDada Nexus (NASDAQ:DADA) Stock Price Down 5.5%April 5, 2023 | nasdaq.comDada Nexus Shares Cross Below 200 DMAApril 4, 2023 | benzinga.comDada Nexus shares are trading lower amid weakness in China stocks.April 1, 2023 | americanbankingnews.comDada Nexus (NASDAQ:DADA) Shares Up 5.6%March 31, 2023 | markets.businessinsider.comCitigroup Reaffirms Their Buy Rating on Dada Nexus (DADA)March 30, 2023 | americanbankingnews.comDada Nexus (NASDAQ:DADA) Shares Gap Up to $7.96March 25, 2023 | americanbankingnews.comDada Nexus (NASDAQ:DADA) Trading Up 8.9%See More Headlines DADA Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart DADA Company Calendar Last Earnings3/08/2023Today6/02/2023Next Earnings (Estimated)8/28/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Computer programming, data processing, & other computer related Sub-IndustryN/A SectorBusiness Services Current SymbolNASDAQ:DADA CUSIPN/A CIK1793862 Webabout.imdada.cn Phone86-21-3165-7167FaxN/AEmployees2,631Year FoundedN/APrice Target and Rating Average Stock Price Forecast$14.00 High Stock Price Forecast$18.00 Low Stock Price Forecast$11.00 Forecasted Upside/Downside+161.2%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)($1.07) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-291,130,000.00 Net Margins-20.13% Pretax Margin-18.71% Return on Equity-19.13% Return on Assets-14.97% Debt Debt-to-Equity RatioN/A Current Ratio3.53 Quick Ratio3.52 Sales & Book Value Annual Sales$1.39 billion Price / Sales0.98 Cash FlowN/A Price / Cash FlowN/A Book Value$3.81 per share Price / Book1.41Miscellaneous Outstanding Shares255,480,000Free Float233,765,000Market Cap$1.37 billion OptionableNot Optionable Beta1.54 Key ExecutivesMr. Huijian HePres & DirectorMr. Jun Yang (Age 44)Co-Founder & CTO Mr. Zhaoming Chen (Age 40)Chief Financial Officer Ms. Caroline DongHead of Investor RelationsColleen A. De VriesSr. VPKey CompetitorsChindata GroupNASDAQ:CDVimeoNASDAQ:VMEOGDSNASDAQ:GDSTremor InternationalNASDAQ:TRMRSystem1NYSE:SSTView All CompetitorsInstitutional OwnershipProShare Advisors LLCSold 30,760 shares on 5/26/2023Ownership: 0.010%JPMorgan Chase & Co.Sold 197,905 shares on 5/18/2023Ownership: 3.690%Alberta Investment Management CorpBought 9,900 shares on 5/16/2023Ownership: 0.068%Susquehanna International Group LLPBought 41,200 shares on 5/16/2023Ownership: 0.000%Squarepoint Ops LLCBought 17,449 shares on 5/16/2023Ownership: 0.012%View All Institutional Transactions DADA Stock - Frequently Asked Questions Should I buy or sell Dada Nexus stock right now? 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Dada Nexus in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" DADA shares. View DADA analyst ratings or view top-rated stocks. What is Dada Nexus' stock price forecast for 2023? 1 Wall Street research analysts have issued 12 month price targets for Dada Nexus' shares. Their DADA share price forecasts range from $11.00 to $18.00. On average, they expect the company's stock price to reach $14.00 in the next twelve months. This suggests a possible upside of 161.2% 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 2023? Dada Nexus' stock was trading at $6.97 at the start of the year. Since then, DADA shares have decreased by 23.1% and is now trading at $5.36. View the best growth stocks for 2023 here. When is Dada Nexus' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, August 28th 2023. View our DADA earnings forecast. How were Dada Nexus' earnings last quarter? Dada Nexus Limited (NASDAQ:DADA) posted its quarterly earnings data on Wednesday, March, 8th. The company reported ($0.12) earnings per share for the quarter, meeting the consensus estimate of ($0.12). The firm earned $377.11 million during the quarter, compared to analyst estimates of $409.58 million. Dada Nexus had a negative net margin of 20.13% and a negative trailing twelve-month return on equity of 19.13%. What ETFs hold Dada Nexus' stock? ETFs with the largest weight of Dada Nexus (NASDAQ:DADA) stock in their portfolio include iShares Virtual Work and Life Multisector ETF (IWFH), iShares MSCI China Small-Cap ETF (ECNS), Harbor Disruptive Innovation ETF (INNO), Invesco Golden Dragon China ETF (PGJ), KraneShares CSI China Internet ETF (KWEB), Invesco China Technology ETF (CQQQ), ProShares Online Retail ETF (ONLN) and ProShares Long Online/Short Stores ETF (CLIX). What guidance has Dada Nexus issued on next quarter's earnings? Dada Nexus issued an update on its second quarter 2023 earnings guidance on Friday, May, 12th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $409.24 million-$438.47 million, compared to the consensus revenue estimate of $429.33 million. 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), Raytheon Technologies (RTX), Thermo Fisher Scientific (TMO) and Salesforce (CRM). When did Dada Nexus IPO? (DADA) raised $264 million in an initial public offering on Friday, June 5th 2020. The company issued 16,500,000 shares at $15.00-$17.00 per share. Goldman Sachs (Asia), BofA Securities and Jefferies acted as the underwriters for the IPO. What is Dada Nexus' stock symbol? Dada Nexus trades on the NASDAQ under the ticker symbol "DADA." Who are Dada Nexus' major shareholders? Dada Nexus' stock is owned by a number of retail and institutional investors. Top institutional shareholders include JPMorgan Chase & Co. (3.69%), Baillie Gifford & Co. (2.78%), Krane Funds Advisors LLC (1.32%), BlackRock Inc. (0.60%), Renaissance Technologies LLC (0.50%) and Aviva PLC (0.31%). 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Dada Nexus' stock price today? One share of DADA stock can currently be purchased for approximately $5.36. How much money does Dada Nexus make? Dada Nexus (NASDAQ:DADA) has a market capitalization of $1.37 billion and generates $1.39 billion in revenue each year. The company earns $-291,130,000.00 in net income (profit) each year or ($1.07) on an earnings per share basis. How many employees does Dada Nexus have? The company employs 2,631 workers across the globe. How can I contact Dada Nexus? Dada Nexus' mailing address is 22ND FLOOR NO. 1088 YANGSHUPU ROAD YANGPU DISTRICT, SHANGHAI F4, 200082. The official website for the company is about.imdada.cn. The company can be reached via phone at 86-21-3165-7167 or via email at ir@imdada.cn. This page (NASDAQ:DADA) was last updated on 6/3/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Dada Nexus Limited Please log in to your account or sign up in order to add this asset to your watchlist. 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