NASDAQ:DADA

Dada Nexus (DADA) Stock Price, News & Analysis

$2.10
+0.09 (+4.48%)
(As of 04/29/2024 ET)
Today's Range
$2.00
$2.14
50-Day Range
$1.83
$2.56
52-Week Range
$1.36
$7.03
Volume
2.54 million shs
Average Volume
3.11 million shs
Market Capitalization
$550.22 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
131.2% Upside
$4.85 Price Target
Short Interest
Healthy
1.10% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.18mentions of Dada Nexus in the last 14 days
Based on 7 Articles This Week
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.

3.53 out of 5 stars

Consumer Cyclical Sector

4th out of 14 stocks

Internet Retail Industry

1st out of 2 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

Nvidia CEO Says It Will Be “the Next Revolution” Beyond AI
Nvidia’s CEO calls it the “next amazing revolution” … and even declared it “is going to be flat out of the biggest [revolution] ever.” Jeff Bezos, Bill Gates, and Mark Zuckerberg have invested billions in it.
Unveiling 4 Analyst Insights On Dada Nexus
Dada Nexus Limited (DADA)
Dada Nexus: Justifiably Cheap
Nvidia CEO Says It Will Be “the Next Revolution” Beyond AI
Nvidia’s CEO calls it the “next amazing revolution” … and even declared it “is going to be flat out of the biggest [revolution] ever.” Jeff Bezos, Bill Gates, and Mark Zuckerberg have invested billions in it.
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
4/29/2024
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
+131.2%
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
239,740,000
Market Cap
$550.22 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 year. 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 Wall Street research analysts have issued 1-year price objectives 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 year. This suggests a possible upside of 131.2% 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 2024?

Dada Nexus' stock was trading at $3.32 at the start of the year. Since then, DADA stock has decreased by 36.7% and is now trading at $2.10.
View the best growth stocks for 2024 here
.

Are investors shorting Dada Nexus?

Dada Nexus saw a decline in short interest in the month of 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 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) announced its quarterly earnings data on Monday, March, 25th. The company reported ($0.10) EPS for the quarter, missing the consensus estimate of ($0.01) by $0.09. The business had revenue of $381.95 million for the quarter, compared to the consensus estimate 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 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 IPO 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 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 4/29/2024 by MarketBeat.com Staff

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