NASDAQ:DADA Dada Nexus - DADA Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium 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. $7.13 +0.34 (+5.01%) (As of 03/21/2023 01:22 PM ET) Add Compare Share Share Today's Range$6.88▼$7.1550-Day Range$6.79▼$15.1852-Week Range$2.98▼$15.59Volume798,157 shsAverage Volume2.31 million shsMarket Capitalization$1.82 billionP/E RatioN/ADividend YieldN/APrice Target$17.00 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Dada Nexus MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside143.9% Upside$17.00 Price TargetShort InterestHealthy1.07% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment1.04Based on 3 Articles This WeekInsider TradingN/AProj. Earnings Growth5,100.00%From $0.01 to $0.52 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.2.45 out of 5 starsBusiness Services Sector95th out of 317 stocksComputer Programming, Data Processing, & Other Computer Related Industry19th out of 62 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 $17.00, Dada Nexus has a forecasted upside of 143.9% from its current price of $6.97.Amount of Analyst CoverageDada Nexus has only been the subject of 1 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted1.07% 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 1.3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Dada Nexus has recently decreased by 5.86%, indicating that investor sentiment is improving significantly. 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 2.8 News and Social Media Coverage News SentimentDada Nexus has a news sentiment score of 1.04. 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 is a higher news sentiment than the 0.38 average news sentiment score 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 9 people have searched for DADA on MarketBeat in the last 30 days. This is a decrease of -75% 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 1.9 Earnings and Valuation Earnings GrowthEarnings for Dada Nexus are expected to grow by 5,100.00% in the coming year, from $0.01 to $0.52 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Dada Nexus is -5.53, 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 -5.53, 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 1.71. 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 HeadlinesMarch 17, 2023 | americanbankingnews.comDada Nexus Limited (NASDAQ:DADA) Short Interest UpdateMarch 16, 2023 | americanbankingnews.comDada Nexus (NASDAQ:DADA) Shares Down 4.8% March 21, 2023 | PressReach (Ad)Stocks Positioned For The YearThis breakthrough stock has bright future this decade.March 15, 2023 | finance.yahoo.comDADA Now's Automobile Delivery Service Fulfills 3.3 million orders in 60 cities Across ChinaMarch 13, 2023 | markets.businessinsider.comAnalysts Are Bullish on These Industrial Goods Stocks: Dover (DOV), Dada Nexus (DADA)March 11, 2023 | finance.yahoo.comDada Nexus Limited (NASDAQ:DADA) Q4 2022 Earnings Call TranscriptMarch 9, 2023 | finance.yahoo.comQ4 2022 Dada Nexus Ltd Earnings CallMarch 9, 2023 | finanznachrichten.deDada Nexus Limited: Dada Announces Unaudited Fourth Quarter and Fiscal Year 2022 Financial ResultsMarch 21, 2023 | PressReach (Ad)Stocks Positioned For The YearThis breakthrough stock has bright future this decade.March 8, 2023 | finance.yahoo.comDada Announces Unaudited Fourth Quarter and Fiscal Year 2022 Financial ResultsMarch 7, 2023 | msn.comEarnings Preview: Dada NexusMarch 7, 2023 | markets.businessinsider.comDada Nexus earnings: here's what Wall Street expectsMarch 1, 2023 | finance.yahoo.comDada to Announce Unaudited Fourth Quarter and Fiscal Year 2022 Financial Results on March 8, 2023February 15, 2023 | finance.yahoo.comRomance-related Spending Surges on JD Shop Now for Valentine's DayFebruary 4, 2023 | finance.yahoo.comShould You Still Buy the Nasdaq's Best-Performing January Stocks?January 31, 2023 | finance.yahoo.comJD Shop Now Sales Increased 90% During Chinese Spring FestivalJanuary 27, 2023 | finance.yahoo.comPublic companies who hold 62% of Dada Nexus Limited (NASDAQ:DADA) gained 3.9%, institutions profited as wellJanuary 20, 2023 | msn.comWhat's Going On With Dada Nexus And iQIYI SharesJanuary 20, 2023 | finance.yahoo.comAre You Looking for a Top Momentum Pick? Why Dada Nexus Limited Sponsored ADR (DADA) is a Great ChoiceJanuary 9, 2023 | finance.yahoo.comJD Intra-city Chinese New Year Promotion Kicks Off with Uninterrupted On-demand Service during HolidayJanuary 4, 2023 | msn.comWhat's Happening With Dada Nexus Shares During Wednesday's Trading SessionJanuary 3, 2023 | marketwatch.comDada Nexus Up 27%December 29, 2022 | finance.yahoo.comJD Shop Now's CNY: Multi-measures Drive Growth for More Than 35,000 MerchantsDecember 27, 2022 | msn.comWhy Dada Nexus And Weibo Shares Are Trading HigherDecember 21, 2022 | finance.yahoo.comJDDJ and JD Shop Now provide football fans with high quality on-demand shopping experienceDecember 19, 2022 | finance.yahoo.comJDDJ at CCFA 2022 Summit: Balance Cost, Efficiency and ExperienceNovember 29, 2022 | finance.yahoo.comWhy Futu, RLX, and Dada Nexus Stocks Keep RisingSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 Company Calendar Last Earnings11/23/2021Today3/21/2023Next Earnings (Estimated)5/15/2023Fiscal 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/AEmployees3,132Year FoundedN/APrice Target and Rating Average Stock Price Forecast$17.00 High Stock Price Forecast$18.00 Low Stock Price Forecast$16.00 Forecasted Upside/Downside+140.5%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)($1.26) Trailing P/E RatioN/A Forward P/E Ratio707.00 P/E GrowthN/ANet Income$-298,390,000.00 Net Margins-24.51% Pretax Margin-21.49% Return on Equity-22.09% Return on Assets-17.63% Debt Debt-to-Equity RatioN/A Current Ratio3.17 Quick Ratio3.16 Sales & Book Value Annual Sales$1.39 billion Price / Sales1.30 Cash FlowN/A Price / Cash FlowN/A Book Value$4.07 per share Price / Book1.74Miscellaneous Outstanding Shares255,480,000Free Float233,765,000Market Cap$1.81 billion OptionableNot Optionable Beta1.56 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 CompetitorsIntegral Ad ScienceNASDAQ:IASChindata GroupNASDAQ:CDVimeoNASDAQ:VMEOGDSNASDAQ:GDSRackspace TechnologyNASDAQ:RXTView All CompetitorsInstitutional OwnershipOLD Mission Capital LLCBought 4,936 shares on 3/6/2023Ownership: 0.002%Kaizen Capital Partners LtdBought 6,690,316 shares on 2/16/2023Ownership: 2.618%Alliancebernstein L.P.Sold 458,185 shares on 2/16/2023Ownership: 0.005%Legal & General Group PlcSold 2,443 shares on 2/15/2023Ownership: 0.079%Belvedere Trading LLCBought 300 shares on 2/15/2023Ownership: 0.000%View All Institutional Transactions DADA Stock - Frequently Asked Questions Should I buy or sell Dada Nexus stock right now? 1 Wall Street 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 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 1 year price targets for Dada Nexus' shares. Their DADA share price forecasts range from $16.00 to $18.00. On average, they expect the company's share price to reach $17.00 in the next twelve months. This suggests a possible upside of 140.5% 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 beginning of 2023. Since then, DADA shares have increased by 1.4% and is now trading at $7.07. View the best growth stocks for 2023 here. Are investors shorting Dada Nexus? Dada Nexus saw a decline in short interest in the month of February. As of February 28th, there was short interest totaling 2,730,000 shares, a decline of 5.9% from the February 13th total of 2,900,000 shares. Based on an average daily trading volume, of 2,110,000 shares, the short-interest ratio is currently 1.3 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 Monday, May 15th 2023. View our DADA earnings forecast. How were Dada Nexus' earnings last quarter? Dada Nexus Limited (NASDAQ:DADA) announced its quarterly earnings data on Tuesday, November, 23rd. The company reported ($0.30) earnings per share (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 analysts' expectations of $259.77 million. Dada Nexus had a negative net margin of 24.51% and a negative trailing twelve-month return on equity of 22.09%. During the same quarter in the previous year, the company earned ($0.25) EPS. 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), Invesco China Technology ETF (CQQQ), KraneShares CSI China Internet ETF (KWEB), Invesco Golden Dragon China ETF (PGJ), Emerging Markets Internet & Ecommerce ETF (EMQQ), ProShares Long Online/Short Stores ETF (CLIX) and ProShares Online Retail ETF (ONLN). What guidance has Dada Nexus issued on next quarter's earnings? Dada Nexus issued an update on its first quarter 2023 earnings guidance on Wednesday, March, 8th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $361.26 million-$389.38 million, compared to the consensus revenue estimate of $381.56 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 Honeywell International (HON), 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 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 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 many different institutional and retail investors. Top institutional investors include JPMorgan Chase & Co. (3.77%), Baillie Gifford & Co. (2.79%), Kaizen Capital Partners Ltd (2.62%), TT International Asset Management LTD (0.84%), Harvest Fund Management Co. Ltd (0.52%) and CI Investments Inc. (0.35%). 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 $7.07. How much money does Dada Nexus make? Dada Nexus (NASDAQ:DADA) has a market capitalization of $1.81 billion and generates $1.39 billion in revenue each year. The company earns $-298,390,000.00 in net income (profit) each year or ($1.26) on an earnings per share basis. How many employees does Dada Nexus have? The company employs 3,132 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 3/21/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. 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