NASDAQ:DADA

Dada Nexus (DADA) Stock Price, News & Analysis

$2.00
-0.05 (-2.44%)
(As of 03:46 PM ET)
Today's Range
$1.99
$2.07
50-Day Range
$1.83
$2.56
52-Week Range
$1.36
$7.03
Volume
1.10 million shs
Average Volume
2.99 million shs
Market Capitalization
$529.08 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$4.85

Dada Nexus MarketRank™ Stock Analysis

Analyst Rating
Hold
2.29 Rating Score
Upside/​Downside
141.5% Upside
$4.85 Price Target
Short Interest
Healthy
1.09% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
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.

3.09 out of 5 stars

Business Services Sector

140th out of 313 stocks

Computer Programming, Data Processing, & Other Computer Related Industry

25th out of 58 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

Incredible Opportunity to Retire FAST!
A brand-new guide from the host of one of the world's largest cryptocurrency podcasts lays out an action plan that could help you retire quickly and comfortably in today's crypto market.
Unveiling 4 Analyst Insights On Dada Nexus
Dada Nexus Limited (DADA)
Dada Nexus: Justifiably Cheap
Incredible Opportunity to Retire FAST!
A brand-new guide from the host of one of the world's largest cryptocurrency podcasts lays out an action plan that could help you retire quickly and comfortably in today's crypto market.
Q4 2023 Dada Nexus Ltd Earnings Call
Dada's Loss Narrows As It Cleans House
DADA Apr 2024 2.000 call
DADA Oct 2024 5.000 call
Deep Dive Into Dada Nexus Stock: Analyst Perspectives (4 Ratings)
See More Headlines
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.

Company Calendar

Last Earnings
3/25/2024
Today
5/07/2024
Next Earnings (Estimated)
5/08/2024
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
$4.85
High Stock Price Target
$11.00
Low Stock Price Target
$2.00
Potential Upside/Downside
+139.1%
Consensus Rating
Hold
Rating Score (0-4)
2.29
Research Coverage
7 Analysts

Profitability

Net Income
$-275,710,000.00
Pretax Margin
-18.68%

Debt

Sales & Book Value

Annual Sales
$1.49 billion
Cash Flow
$0.02 per share
Book Value
$2.99 per share

Miscellaneous

Free Float
242,050,000
Market Cap
$537.02 million
Optionable
Optionable
Beta
1.46
The Next 7 Blockbuster Stocks for Growth Investors Cover

Wondering what the next stocks will be that hit it big, with solid fundamentals? Click the link below to learn more about how your portfolio could bloom.

Get This Free Report

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 twelve months. There are currently 1 sell rating, 3 hold ratings and 3 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 equities research analysts have issued 12 month price objectives for Dada Nexus' stock. Their DADA share price targets range from $2.00 to $11.00. On average, they expect the company's stock price to reach $4.85 in the next twelve months. This suggests a possible upside of 141.5% 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 39.5% and is now trading at $2.01.
View the best growth stocks for 2024 here
.

Are investors shorting Dada Nexus?

Dada Nexus saw a drop in short interest in the month of April. As of April 15th, there was short interest totaling 2,890,000 shares, a drop of 31.4% from the March 31st total of 4,210,000 shares. Based on an average daily volume of 2,060,000 shares, the days-to-cover ratio is presently 1.4 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, May 8th 2024.
View our DADA earnings forecast
.

How were Dada Nexus' earnings last quarter?

Dada Nexus Limited (NASDAQ:DADA) issued its quarterly earnings data on Monday, March, 25th. The company reported ($0.10) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.01) by $0.09. The firm earned $381.95 million during the quarter, compared to analysts' expectations of $436.80 million. Dada Nexus had a negative net margin of 22.62% and a negative trailing twelve-month return on equity of 14.07%.

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 initial public offering (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.

Who are Dada Nexus' major shareholders?

Dada Nexus' stock is owned by many different retail and institutional investors. Top institutional shareholders include Janney Montgomery Scott LLC (0.05%) and Concourse Financial Group Securities Inc. (0.00%).

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 5/7/2024 by MarketBeat.com Staff

From Our Partners