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Dada Nexus Stock Price, News & Analysis (NASDAQ:DADA)

$3.06
-0.05 (-1.61%)
(As of 01:03 PM ET)
Compare
Today's Range
$3.05
$3.11
50-Day Range
$3.08
$4.66
52-Week Range
$2.98
$15.59
Volume
380,176 shs
Average Volume
1.59 million shs
Market Capitalization
$801.75 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$9.89

Dada Nexus MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.60 Rating Score
Upside/​Downside
218.9% Upside
$9.89 Price Target
Short Interest
Healthy
1.21% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.11) to $0.09 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.26 out of 5 stars

Business Services Sector

83rd out of 254 stocks

Computer Programming, Data Processing, & Other Computer Related Industry

18th out of 43 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

Dada Nexus initiated with an Outperform at CLSA
U.S. Military Defense Fails Without Vanadium?
The metal vanadium is needed for numerous military applications, including jet engines, airframes, and ballistic missiles. And although the U.S. Govt. considers vanadium critical to national security, less than 5% of the metal is mined in America. This means we're at the mercy of China and Russia for our supply.
Q3 2023 Dada Nexus Ltd Earnings Call
U.S. Military Defense Fails Without Vanadium?
The metal vanadium is needed for numerous military applications, including jet engines, airframes, and ballistic missiles. And although the U.S. Govt. considers vanadium critical to national security, less than 5% of the metal is mined in America. This means we're at the mercy of China and Russia for our supply.
Dada Nexus Ltd ADR DADA
Dada Nexus: Mixed Results And Unexciting Outlook
Q2 2023 Dada Nexus Ltd Earnings Call
Dada Nexus Posts Q2 Bottomline Above Street View
See More Headlines
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Company Calendar

Last Earnings
11/14/2023
Today
12/08/2023
Fiscal Year End
12/31/2023
Next Earnings (Estimated)
3/13/2024

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
$9.89
High Stock Price Target
$18.00
Low Stock Price Target
$4.60
Potential Upside/Downside
+223.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.60
Research Coverage
5 Analysts

Profitability

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

Debt

Sales & Book Value

Annual Sales
$10.45 billion
Book Value
$3.97 per share

Miscellaneous

Free Float
239,740,000
Market Cap
$801.75 million
Optionable
Not Optionable
Beta
1.48
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DADA Stock Analysis - Frequently Asked Questions

Should I buy or sell Dada Nexus stock right now?

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Dada Nexus in the last year. There are currently 2 hold ratings and 3 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?

5 equities research analysts have issued 12 month target prices for Dada Nexus' stock. Their DADA share price targets range from $4.60 to $18.00. On average, they predict the company's stock price to reach $9.89 in the next twelve months. This suggests a possible upside of 218.9% 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 stock has decreased by 55.5% and is now trading at $3.10.
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 November. As of November 15th, there was short interest totaling 3,180,000 shares, a decline of 10.2% from the October 31st total of 3,540,000 shares. Based on an average daily trading volume, of 979,000 shares, the days-to-cover ratio is presently 3.2 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 quarterly earnings data on Tuesday, November, 14th. The company reported ($0.03) earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of ($0.03). The company earned $396.15 million during the quarter, compared to the consensus estimate of $390.09 million. Dada Nexus had a negative net margin of 14.16% and a negative trailing twelve-month return on equity of 13.84%.

What ETFs hold Dada Nexus' stock?
What guidance has Dada Nexus issued on next quarter's earnings?

Dada Nexus updated its fourth quarter 2023 earnings guidance on Wednesday, November, 15th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $414.66 million-$456.13 million, compared to the consensus revenue estimate of $443.24 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), RTX (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 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 retail and institutional investors. Top institutional shareholders include Kaizen Capital Partners Ltd (4.69%), JPMorgan Chase & Co. (3.29%), Baillie Gifford & Co. (2.86%), Aviva PLC (0.55%), Federated Hermes Inc. (0.46%) and Lansdowne Partners UK LLP (0.25%).

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.

This page (NASDAQ:DADA) was last updated on 12/8/2023 by MarketBeat.com Staff

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