Dada Nexus Limited (DADA)
NASDAQ: DADA · Real-Time Price · USD
1.350
-0.020 (-1.46%)
At close: Nov 22, 2024, 4:00 PM
1.390
+0.040 (2.96%)
After-hours: Nov 22, 2024, 7:51 PM EST
Dada Nexus Stock Forecast
Stock Price Forecast
The 7 analysts with 12-month price forecasts for Dada Nexus stock have an average target of 3.00, with a low estimate of 1.90 and a high estimate of 4.60. The average target predicts an increase of 122.22% from the current stock price of 1.35.
Analyst Consensus: Buy
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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 3 | 2 |
| Buy | 1 | 1 | 1 | 1 | 1 | 2 |
| Hold | 3 | 3 | 4 | 4 | 4 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 7 | 7 | 8 | 8 | 8 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Citigroup | Citigroup | Hold Maintains $2 → $1.9 | Hold | Maintains | $2 → $1.9 | +40.74% | Nov 15, 2024 |
| Mizuho | Mizuho | Buy Maintains $4.5 → $4 | Buy | Maintains | $4.5 → $4 | +196.30% | Nov 12, 2024 |
| Citigroup | Citigroup | Strong Sell → Hold Upgrades $1 → $1.5 | Strong Sell → Hold | Upgrades | $1 → $1.5 | +11.11% | Aug 21, 2024 |
| 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 |
Financial Forecast
Revenue This Year
9.92B
from 10.51B
Decreased by -5.57%
Revenue Next Year
11.48B
from 9.92B
Increased by 15.71%
EPS This Year
-2.78
from -7.52
EPS Next Year
-1.53
from -2.78
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 10.3B | 12.4B | 14.2B | ||
| Avg | 9.9B | 11.5B | 12.9B | ||
| Low | 9.4B | 10.4B | 11.3B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -1.6% | 24.7% | 24.0% | ||
| Avg | -5.6% | 15.7% | 12.7% | ||
| Low | -10.8% | 4.9% | -1.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -2.79 | 0.93 | 1.99 | ||
| Avg | -2.78 | -1.53 | 0.10 | ||
| Low | -2.72 | -2.73 | -1.89 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | - | - | ||
| Avg | - | - | - | ||
| Low | - | - | - |
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.