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NASDAQ:DADA

Dada Nexus (DADA) Stock Price, News & Analysis

$1.80
-0.07 (-3.74%)
(As of 05/23/2024 ET)
Today's Range
$1.78
$1.88
50-Day Range
$1.80
$2.54
52-Week Range
$1.36
$6.94
Volume
1.94 million shs
Average Volume
2.93 million shs
Market Capitalization
$476.17 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$3.66

Dada Nexus MarketRank™ Stock Analysis

Analyst Rating
Hold
2.14 Rating Score
Upside/​Downside
103.5% Upside
$3.66 Price Target
Short Interest
Healthy
1.04% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
-0.47mentions of Dada Nexus in the last 14 days
Based on 11 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
104.55%
From $0.22 to $0.45 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.

3.70 out of 5 stars

Business Services Sector

85th out of 292 stocks

Computer Programming, Data Processing, & Other Computer Related Industry

16th 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 platforms for consumers, retailers, and brand owners. The company was incorporated in 2014 and is headquartered in Shanghai, China.

DADA Stock Price History

DADA Stock News Headlines

Dada Nexus (NASDAQ:DADA) Price Target Cut to $5.00
Cracking The Code: Understanding Analyst Reviews For Dada Nexus
Dada Nexus (NASDAQ:DADA) Trading Up 4.4%
Dada Nexus Limited (NASDAQ:DADA) Short Interest Update
Q1 2024 Dada Nexus Ltd Earnings Call
Here's what to expect from Dada Nexus's earnings
Unveiling 4 Analyst Insights On Dada Nexus
Dada Nexus Limited (DADA)
Dada Nexus: Justifiably Cheap
Q4 2023 Dada Nexus Ltd Earnings Call
Dada's Loss Narrows As It Cleans House
See More Headlines
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Company Calendar

Last Earnings
3/25/2024
Today
5/24/2024
Next Earnings (Estimated)
8/20/2024
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
2,376
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$3.66
High Stock Price Target
$5.00
Low Stock Price Target
$2.00
Potential Upside/Downside
+103.5%
Consensus Rating
Hold
Rating Score (0-4)
2.14
Research Coverage
7 Analysts

Profitability

Net Income
$-275,710,000.00
Pretax Margin
-18.75%

Debt

Sales & Book Value

Annual Sales
$1.49 billion
Cash Flow
$0.02 per share
Book Value
$2.78 per share

Miscellaneous

Free Float
242,050,000
Market Cap
$476.17 million
Optionable
Optionable
Beta
1.46
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DADA Stock Analysis - Frequently Asked Questions

Should I buy or sell Dada Nexus stock right now?

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Dada Nexus in the last year. There are currently 1 sell rating, 4 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" DADA shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in DADA, but not buy additional shares or sell existing shares.
View DADA analyst ratings
or view top-rated stocks.

What is Dada Nexus' stock price target for 2024?

7 brokerages have issued 12-month price targets for Dada Nexus' shares. Their DADA share price targets range from $2.00 to $5.00. On average, they anticipate the company's share price to reach $3.66 in the next year. This suggests a possible upside of 103.5% 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 2024?

Dada Nexus' stock was trading at $3.32 at the start of the year. Since then, DADA stock has decreased by 45.8% and is now trading at $1.80.
View the best growth stocks for 2024 here
.

When is Dada Nexus' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 20th 2024.
View our DADA earnings forecast
.

How were Dada Nexus' earnings last quarter?

Dada Nexus Limited (NASDAQ:DADA) posted its quarterly earnings results on Monday, March, 25th. The company reported ($0.10) earnings per share for the quarter, missing the consensus estimate of ($0.01) by $0.09. The firm earned $381.95 million during the quarter, compared to the consensus estimate of $436.80 million. Dada Nexus had a negative trailing twelve-month return on equity of 14.73% and a negative net margin of 22.77%.

What ETF holds Dada Nexus' stock?

Invesco Golden Dragon China ETF holds 97,949 shares of DADA stock, representing 0.13% of its portfolio.

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 Nexus (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 a variety of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (1.30%), Healthcare of Ontario Pension Plan Trust Fund (0.25%), Janney Montgomery Scott LLC (0.05%), EntryPoint Capital LLC (0.02%), Fore Capital LLC (0.02%) and Headlands Technologies LLC (0.02%).

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 5/24/2024 by MarketBeat.com Staff

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