Dada Nexus Limited (DADA)
NASDAQ: DADA · IEX Real-Time Price · USD
1.350
+0.020 (1.50%)
At close: Jul 19, 2024, 4:00 PM
1.310
-0.040 (-2.96%)
Pre-market: Jul 20, 2024, 9:29 AM EDT
Dada Nexus Stock Forecast
Stock Price Forecast
The 7 analysts with 12-month price forecasts for Dada Nexus stock have an average target of 3.55, with a low estimate of 2.00 and a high estimate of 5.00. The average target predicts an increase of 162.96% from the current stock price of 1.35.
Analyst Consensus: Buy
* Price targets were last updated on May 21, 2024.
Analyst Ratings
The average analyst rating for Dada Nexus stock from 7 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 6 | 5 | 3 | 3 | 3 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 1 | 2 | 3 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 7 | 9 | 9 | 7 | 7 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Mizuho | Mizuho | Strong Buy Maintains $6 → $5 | Strong Buy | Maintains | $6 → $5 | +270.37% | May 21, 2024 |
| Goldman Sachs | Goldman Sachs | Hold Initiates $2.1 | Hold | Initiates | $2.1 | +55.56% | Apr 25, 2024 |
| Jefferies | Jefferies | Strong Buy Maintains $8.6 → $2.9 | Strong Buy | Maintains | $8.6 → $2.9 | +114.81% | Mar 11, 2024 |
| New Street Research | New Street Research | Strong Buy → Hold Downgrades $2 | Strong Buy → Hold | Downgrades | $2 | +48.15% | Mar 6, 2024 |
| Daiwa Capital | Daiwa Capital | Hold → Strong Buy Upgrades $3.5 | Hold → Strong Buy | Upgrades | $3.5 | +159.26% | Feb 20, 2024 |
Financial Forecast
Revenue This Year
9.98B
from 10.51B
Decreased by -4.99%
Revenue Next Year
11.33B
from 9.98B
Increased by 13.47%
EPS This Year
-2.83
from -7.52
EPS Next Year
-0.65
from -2.83
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 10.5B | 12.4B | 14.2B | 18.7B | 15.3B |
| Avg | 10.0B | 11.3B | 12.7B | 15.9B | 14.8B |
| Low | 9.4B | 10.1B | 11.4B | 13.1B | 14.3B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -0.3% | 24.0% | 25.7% | 46.4% | -3.8% |
| Avg | -5.0% | 13.5% | 12.5% | 24.7% | -6.6% |
| Low | -10.8% | 0.9% | 0.5% | 2.9% | -10.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -2.79 | 0.93 | 1.99 | 5.85 | 0.18 |
| Avg | -2.83 | -0.65 | 0.34 | 2.75 | 0.17 |
| Low | -2.84 | -1.71 | -1.08 | -0.17 | 0.17 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | - | - | 1,638.5% | -93.5% |
| Avg | - | - | - | 718.5% | -93.7% |
| Low | - | - | - | - | -93.9% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.