NASDAQ:DADA

Dada Nexus (DADA) Stock Price, News & Analysis

$1.93
+0.07 (+3.76%)
(As of 12:37 PM ET)
Today's Range
$1.87
$1.96
50-Day Range
$1.83
$2.56
52-Week Range
$1.36
$7.03
Volume
539,079 shs
Average Volume
3.12 million shs
Market Capitalization
$505.68 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$6.00

Dada Nexus MarketRank™ Stock Analysis

Analyst Rating
Hold
2.43 Rating Score
Upside/​Downside
209.1% Upside
$6.00 Price Target
Short Interest
Healthy
1.61% 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.

2.91 out of 5 stars

Business Services Sector

133rd out of 306 stocks

Computer Programming, Data Processing, & Other Computer Related Industry

26th out of 60 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 Limited (DADA)
top AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)
AI was by far the biggest tech investing trend right now. But Ross Givens says the #1 artificial intelligence stock[/lin] is NOT Microsoft, Google, Amazon or Apple. Nope — his research is pointing to a tiny, under-the-radar stock that’s trading for just a few dollars right now… And could soon shoot to the moon, handing early investors a windfall.
Dada Nexus (NASDAQ:DADA) Shares Gap Up to $1.91
Dada Nexus (NASDAQ:DADA) Shares Gap Down to $2.06
Dada Nexus: Justifiably Cheap
top AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)
AI was by far the biggest tech investing trend right now. But Ross Givens says the #1 artificial intelligence stock[/lin] is NOT Microsoft, Google, Amazon or Apple. Nope — his research is pointing to a tiny, under-the-radar stock that’s trading for just a few dollars right now… And could soon shoot to the moon, handing early investors a windfall.
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
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Company Calendar

Last Earnings
3/25/2024
Today
4/24/2024
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
2,631
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$6.00
High Stock Price Target
$11.00
Low Stock Price Target
$2.00
Potential Upside/Downside
+222.4%
Consensus Rating
Hold
Rating Score (0-4)
2.43
Research Coverage
7 Analysts

Profitability

Net Income
$-276,600,000.00
Pretax Margin
-18.68%

Debt

Sales & Book Value

Annual Sales
$1.49 billion
Book Value
$3.00 per share

Miscellaneous

Free Float
239,740,000
Market Cap
$487.34 million
Optionable
Optionable
Beta
1.50
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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 twelve months. There are currently 1 sell rating, 2 hold ratings and 4 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 analysts have issued 12 month price targets for Dada Nexus' shares. Their DADA share price targets range from $2.00 to $11.00. On average, they anticipate the company's stock price to reach $6.00 in the next twelve months. This suggests a possible upside of 209.1% 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 on January 1st, 2024. Since then, DADA stock has decreased by 41.6% and is now trading at $1.94.
View the best growth stocks for 2024 here
.

Are investors shorting Dada Nexus?

Dada Nexus saw a increase in short interest in March. As of March 31st, there was short interest totaling 4,210,000 shares, an increase of 7.4% from the March 15th total of 3,920,000 shares. Based on an average daily trading volume, of 3,490,000 shares, the short-interest ratio is presently 1.2 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, May 8th 2024.
View our DADA earnings forecast
.

How were Dada Nexus' earnings last quarter?

Dada Nexus Limited (NASDAQ:DADA) announced its quarterly earnings data on Monday, March, 25th. The company reported ($0.10) EPS for the quarter, missing analysts' consensus estimates of ($0.01) by $0.09. The company had revenue of $381.95 million for the quarter, compared to the consensus estimate of $436.80 million. Dada Nexus had a negative trailing twelve-month return on equity of 14.06% and a negative net margin of 22.62%.

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 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.

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 4/24/2024 by MarketBeat.com Staff

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