S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
Opera Stock: The Fast-Rising Star of AI-Driven Web Experiences
Laser breakthrough could send stock soaring 2,467% (Ad)
What Should Investors Make of These 3 Dividend Cuts?
Symbotic AI Robots Disrupt Warehouse Industry, Stock Price Soars
Why Your IRA Could Crash on June 16th (Ad)
CrowdStrike: Another Tech Stock to Buy on the Dip 
Broadcom Stock Pulls into the Buy Zone: Analysts Raise Targets
15 A.I. Trading Opportunities a Day (Ad)
Salesforce: Time to Snap it Up as the Market Buys the Dip?
Zscaler: Analysts Raise the Bar for the AI Cloud Security Company
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
Opera Stock: The Fast-Rising Star of AI-Driven Web Experiences
Laser breakthrough could send stock soaring 2,467% (Ad)
What Should Investors Make of These 3 Dividend Cuts?
Symbotic AI Robots Disrupt Warehouse Industry, Stock Price Soars
Why Your IRA Could Crash on June 16th (Ad)
CrowdStrike: Another Tech Stock to Buy on the Dip 
Broadcom Stock Pulls into the Buy Zone: Analysts Raise Targets
15 A.I. Trading Opportunities a Day (Ad)
Salesforce: Time to Snap it Up as the Market Buys the Dip?
Zscaler: Analysts Raise the Bar for the AI Cloud Security Company
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
Opera Stock: The Fast-Rising Star of AI-Driven Web Experiences
Laser breakthrough could send stock soaring 2,467% (Ad)
What Should Investors Make of These 3 Dividend Cuts?
Symbotic AI Robots Disrupt Warehouse Industry, Stock Price Soars
Why Your IRA Could Crash on June 16th (Ad)
CrowdStrike: Another Tech Stock to Buy on the Dip 
Broadcom Stock Pulls into the Buy Zone: Analysts Raise Targets
15 A.I. Trading Opportunities a Day (Ad)
Salesforce: Time to Snap it Up as the Market Buys the Dip?
Zscaler: Analysts Raise the Bar for the AI Cloud Security Company
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
Opera Stock: The Fast-Rising Star of AI-Driven Web Experiences
Laser breakthrough could send stock soaring 2,467% (Ad)
What Should Investors Make of These 3 Dividend Cuts?
Symbotic AI Robots Disrupt Warehouse Industry, Stock Price Soars
Why Your IRA Could Crash on June 16th (Ad)
CrowdStrike: Another Tech Stock to Buy on the Dip 
Broadcom Stock Pulls into the Buy Zone: Analysts Raise Targets
15 A.I. Trading Opportunities a Day (Ad)
Salesforce: Time to Snap it Up as the Market Buys the Dip?
Zscaler: Analysts Raise the Bar for the AI Cloud Security Company
NASDAQ:DADA

Dada Nexus (DADA) Stock Forecast, Price & News

$5.36
+0.36 (+7.20%)
(As of 06/2/2023 ET)
Compare
Today's Range
$5.13
$5.45
50-Day Range
$4.66
$8.74
52-Week Range
$2.98
$15.59
Volume
1.83 million shs
Average Volume
2.02 million shs
Market Capitalization
$1.37 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$14.00

Dada Nexus MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
161.2% Upside
$14.00 Price Target
Short Interest
Healthy
1.42% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.44mentions of Dada Nexus in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.02) to $0.41 Per Share

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 stars

Business Services Sector

215th out of 339 stocks

Computer Programming, Data Processing, & Other Computer Related Industry

33rd out of 60 stocks


DADA stock logo

About Dada Nexus (NASDAQ:DADA) Stock

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.

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.

DADA Stock News Headlines

Dada Publishes 2022 ESG Report
"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 >>>
Dada Nexus (NASDAQ:DADA) Stock Price Up 10.6%
15 A.I. Trading Opportunities a Day
Using our algorithm, we sift through 15,000 stocks every second. We generate 15 trading opportunities a day.
Jefferies Keeps Their Buy Rating on Dada Nexus (DADA)
Earnings Preview For Dada Nexus
Dada Nexus (DADA) to Release Earnings on Wednesday
Dada Nexus (NASDAQ:DADA) Stock Price Down 5.5%
Dada Nexus Shares Cross Below 200 DMA
Dada Nexus (NASDAQ:DADA) Shares Up 5.6%
Citigroup Reaffirms Their Buy Rating on Dada Nexus (DADA)
Dada Nexus (NASDAQ:DADA) Shares Gap Up to $7.96
Dada Nexus (NASDAQ:DADA) Trading Up 8.9%
See More Headlines

DADA Price History

DADA Company Calendar

Last Earnings
3/08/2023
Today
6/02/2023
Next Earnings (Estimated)
8/28/2023
Fiscal Year End
12/31/2023

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 Forecast
$14.00
High Stock Price Forecast
$18.00
Low Stock Price Forecast
$11.00
Forecasted Upside/Downside
+161.2%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$-291,130,000.00
Pretax Margin
-18.71%

Debt

Sales & Book Value

Annual Sales
$1.39 billion
Book Value
$3.81 per share

Miscellaneous

Free Float
233,765,000
Market Cap
$1.37 billion
Optionable
Not Optionable
Beta
1.54

Key Executives

  • Mr. Huijian He
    Pres & Director
  • Mr. Jun Yang (Age 44)
    Co-Founder & CTO
  • Mr. Zhaoming Chen (Age 40)
    Chief Financial Officer
  • Ms. Caroline Dong
    Head of Investor Relations
  • Colleen A. De Vries
    Sr. VP













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 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

My Account -