NASDAQ:DADA Dada Nexus (DADA) Stock Price, News & Analysis → The Next Nvidia? (From InvestorPlace) (Ad) Free DADA Stock Alerts $2.17 +0.01 (+0.46%) (As of 05/3/2024 ET) Add Compare Share Share Today's Range$2.12▼$2.1950-Day Range$1.83▼$2.5652-Week Range$1.36▼$7.03Volume1.42 million shsAverage Volume1.64 million shsMarket Capitalization$568.56 millionP/E RatioN/ADividend YieldN/APrice Target$4.85 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Dada Nexus alerts: Email Address Dada Nexus MarketRank™ Stock AnalysisAnalyst RatingHold2.29 Rating ScoreUpside/Downside123.7% Upside$4.85 Price TargetShort InterestHealthy1.10% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings Growth104.55%From $0.22 to $0.45 Per ShareSee Full Details Hide Full Details 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.3.05 out of 5 starsBusiness Services Sector143rd out of 312 stocksComputer Programming, Data Processing, & Other Computer Related Industry24th out of 60 stocks 3.1 Analyst's Opinion Consensus RatingDada Nexus has received a consensus rating of Hold. The company's average rating score is 2.29, and is based on 3 buy ratings, 3 hold ratings, and 1 sell rating.Amount of Analyst CoverageDada Nexus has only been the subject of 3 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted1.10% of the outstanding shares of Dada Nexus have been sold short.Short Interest Ratio / Days to CoverDada Nexus has a short interest ratio ("days to cover") of 1.4, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Dada Nexus has recently decreased by 31.35%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldDada Nexus does not currently pay a dividend.Dividend GrowthDada Nexus does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for DADA. Previous Next 0.6 News and Social Media Coverage Search InterestOnly 1 people have searched for DADA on MarketBeat in the last 30 days. This is a decrease of -90% compared to the previous 30 days.MarketBeat Follows3 people have added Dada Nexus to their MarketBeat watchlist in the last 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Dada Nexus insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 8.50% of the stock of Dada Nexus is held by insiders.Percentage Held by Institutions59.25% of the stock of Dada Nexus is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Dada Nexus are expected to grow by 104.55% in the coming year, from $0.22 to $0.45 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Dada Nexus is -1.66, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Dada Nexus is -1.66, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioDada Nexus has a P/B Ratio of 0.73. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Paradigm PressNever use this word on your phone (FBI could be watching)This report sent a chill down my spine. Turns out, as part of their Jan. 6th investigation, the Feds are flagging Americans who typed these ordinary words as part of their banking transactions...Watch my unredacted video about what I think is coming next right here 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.Read More DADA Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart DADA Stock News HeadlinesApril 28, 2024 | americanbankingnews.comDada Nexus (NASDAQ:DADA) Earns Neutral Rating from Analysts at The Goldman Sachs GroupApril 26, 2024 | finance.yahoo.comDada Nexus Full Year 2023 Earnings: Misses ExpectationsMay 5, 2024 | InvestorPlace (Ad)The Next Nvidia?The Next Nvidia? Wall Street legend has just uncovered one tiny Maryland company that could become the next Nvidia. Few in the media are talking about this story yet… but in the next 6 months that’s all they’ll talk about.April 25, 2024 | markets.businessinsider.comUnveiling 4 Analyst Insights On Dada NexusApril 22, 2024 | globenewswire.comDada Files Annual Report on Form 20-F for Fiscal Year 2023April 17, 2024 | finance.yahoo.comDada Nexus Limited (DADA)April 3, 2024 | investorplace.com7 Penny Stocks That Can Turn $10,000 Into $100,000 by 2027March 28, 2024 | seekingalpha.comDada Nexus: Justifiably CheapMay 5, 2024 | InvestorPlace (Ad)The Next Nvidia?The Next Nvidia? Wall Street legend has just uncovered one tiny Maryland company that could become the next Nvidia. Few in the media are talking about this story yet… but in the next 6 months that’s all they’ll talk about.March 28, 2024 | finance.yahoo.comDada Nexus Limited (NASDAQ:DADA) Yearly Results: Here's What Analysts Are Forecasting For This YearMarch 27, 2024 | finance.yahoo.comDada Nexus Limited (NASDAQ:DADA) Q4 2023 Earnings Call TranscriptMarch 26, 2024 | finance.yahoo.comQ4 2023 Dada Nexus Ltd Earnings CallMarch 26, 2024 | finance.yahoo.comDada Nexus Limited: Dada Earnings: Questions Linger Despite Addressing Revenue Irregularities; Governance Risks RemainMarch 26, 2024 | seekingalpha.comDada's Loss Narrows As It Cleans HouseMarch 26, 2024 | marketwatch.comDada Nexus Shares Slide 17% on 4Q Profit, Revenue MissesMarch 26, 2024 | finanznachrichten.deDada Nexus Limited: Dada Announces Unaudited Fourth Quarter and Fiscal Year 2023 Financial ResultsMarch 25, 2024 | investorplace.comDADA Stock Earnings: Dada Nexus Misses EPS, Misses Revenue for Q4 2023March 25, 2024 | globenewswire.comDada Announces Unaudited Fourth Quarter and Fiscal Year 2023 Financial ResultsMarch 23, 2024 | finance.yahoo.comDada Nexus Limited (DADA) Interactive Stock Chart - Yahoo FinanceMarch 22, 2024 | globenewswire.comDada to Announce Unaudited Fourth Quarter and Fiscal Year 2023 Financial Results on March 25, 2024March 16, 2024 | finance.yahoo.comDADA Apr 2024 2.000 callMarch 12, 2024 | prnewswire.comDADA DEADLINE: ROSEN, NATIONAL TRIAL LAWYERS, Encourages Dada Nexus Limited Investors With Losses in Excess of $100k to Secure Counsel Before Important March 11 Deadline in Securities Class Action First Filed by the Firm - DADAMarch 11, 2024 | finance.yahoo.comDADA Oct 2024 5.000 callMarch 11, 2024 | stockhouse.comDEADLINE TODAY: The Schall Law Firm Encourages Investors in Dada Nexus Limited with Losses of $100,000 to Contact the FirmMarch 11, 2024 | markets.businessinsider.comJefferies Maintains Buy Rating for Dada Nexus: Here's What You Need To KnowMarch 11, 2024 | markets.businessinsider.comDeep Dive Into Dada Nexus Stock: Analyst Perspectives (4 Ratings)March 11, 2024 | prnewswire.comSHAREHOLDER ALERT: Pomerantz Law Firm Announces the Filing of a Class Action Against Dada Nexus Limited - DADASee 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. Email Address Company Calendar Last Earnings3/25/2024Today5/05/2024Next Earnings (Estimated)5/08/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorBusiness Services Industry Computer programming, data processing, & other computer related Sub-IndustryN/A Current SymbolNASDAQ:DADA CUSIPN/A CIK1793862 Webabout.imdada.cn Phone86-21-3165-7167FaxN/AEmployees2,376Year FoundedN/APrice Target and Rating Average Stock Price Target$4.85 High Stock Price Target$11.00 Low Stock Price Target$2.00 Potential Upside/Downside+123.7%Consensus RatingHold Rating Score (0-4)2.29 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)($1.31) Trailing P/E RatioN/A Forward P/E Ratio9.86 P/E GrowthN/ANet Income$-275,710,000.00 Net Margins-22.62% Pretax Margin-18.68% Return on Equity-14.07% Return on Assets-11.05% Debt Debt-to-Equity RatioN/A Current Ratio3.04 Quick Ratio3.03 Sales & Book Value Annual Sales$1.49 billion Price / Sales0.38 Cash Flow$0.02 per share Price / Cash Flow94.10 Book Value$2.99 per share Price / Book0.73Miscellaneous Outstanding Shares262,010,000Free Float239,740,000Market Cap$568.56 million OptionableOptionable Beta1.46 10 Best Cheap Stocks to Buy NowMarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Click the link below to see which companies made the list.Get This Free Report Key ExecutivesMs. Caroline DongHead of Investor RelationsColleen A. De VriesSenior Vice PresidentKey CompetitorsViant TechnologyNASDAQ:DSPCardlyticsNASDAQ:CDLXVimeoNASDAQ:VMEOTremor InternationalNASDAQ:TRMRRackspace TechnologyNASDAQ:RXTView All CompetitorsInstitutional OwnershipJanney Montgomery Scott LLCSold 69,557 shares on 5/1/2024Ownership: 0.054%TT International Asset Management LTDBought 852,790 shares on 2/29/2024Ownership: 1.285%Tower Research Capital LLC TRCBought 13,447 shares on 2/13/2024Ownership: 0.008%Alberta Investment Management CorpSold 151,574 shares on 2/12/2024Ownership: 0.005%Janney Montgomery Scott LLCSold 39,349 shares on 2/8/2024Ownership: 0.080%View All Institutional Transactions DADA Stock Analysis - Frequently Asked Questions Should I buy or sell Dada Nexus stock right now? 7 Wall Street 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 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 1 year price targets for Dada Nexus' shares. 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 123.7% 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 34.6% and is now trading at $2.17. View the best growth stocks for 2024 here. Are investors shorting Dada Nexus? Dada Nexus saw a decline in short interest in April. As of April 15th, there was short interest totaling 2,890,000 shares, a decline of 31.4% from the March 31st total of 4,210,000 shares. Based on an average daily trading volume, of 2,060,000 shares, the short-interest 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) posted its quarterly earnings results 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 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 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 a number of 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 5/5/2024 by MarketBeat.com Staff From Our PartnersBiden to Launch “FedNOW” [Move Your Money Now]Priority GoldCould Your Accounts Be Frozen?Allegiance GoldThe asset beating inflation by 4xColonial MetalsMissed NVDA? Buy this AI stock NOWChaikin AnalyticsGlobal crypto currency reset (41 major banks signed up)Stansberry ResearchHave You Seen Elon’s New A.I. Device? 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