Dada Nexus Limited (DADA)
NASDAQ: DADA · IEX Real-Time Price · USD
2.050
-0.050 (-2.38%)
Mar 28, 2024, 4:00 PM EDT - Market closed

Dada Nexus Stock Forecast

Stock Price Forecast

The 9 analysts with 12-month price forecasts for Dada Nexus stock have an average target of 6.43, with a low estimate of 2.00 and a high estimate of 13. The average target predicts an increase of 213.66% from the current stock price of 2.05.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $2.00 $6.43 $4.78 $13
Change -2.44% +213.66% +133.17% +534.15%

Analyst Ratings

The average analyst rating for Dada Nexus stock from 9 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating Oct '23Nov '23Dec '23Jan '24Feb '24Mar '24
Strong Buy 333456
Buy 122111
Hold 111112
Sell 000000
Strong Sell 000000
Total 566679

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Jefferies
Jefferies
Strong Buy
Maintains
$8.6$2.9
Strong Buy Maintains $8.6$2.9 +41.46% Mar 11, 2024
New Street Research
New Street Research
Hold
Downgrades
$2
Hold Downgrades $2 -2.44% Mar 6, 2024
Daiwa Capital
Daiwa Capital
Strong Buy
Upgrades
$3.5
Strong Buy Upgrades $3.5 +70.73% Feb 20, 2024
Mizuho
Mizuho
Strong Buy
Maintains
$7$6
Strong Buy Maintains $7$6 +192.68% Jan 17, 2024
CLSA
CLSA
Buy
Initiates
$4.6
Buy Initiates $4.6 +124.39% Nov 17, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
11.53B
from 9.37B
Increased by 23.03%
Revenue Next Year
13.54B
from 11.53B
Increased by 17.47%
EPS This Year
-0.18
from -7.92
EPS Next Year
2.00
from -0.18
Year 20182019202020212022202320242025202620272028
Revenue
1.92B3.10B5.74B6.87B9.37B11.53B13.54B15.83B20.73B24.03B27.44B
Revenue Growth
57.81%61.27%85.18%19.62%36.43%23.03%17.47%16.89%30.97%15.92%14.23%
EPS
-26.56-27.20-12.48-10.40-7.92-0.182.004.015.99--
EPS Growth
-------100.61%49.30%--
No. Analysts -----141413333
Financial currency is CNY. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202320242025202620272028
High 12.0B 14.8B 17.9B 21.3B 24.7B 28.3B
Avg 11.5B 13.5B 15.8B 20.7B 24.0B 27.4B
Low 10.5B 11.8B 13.1B 19.9B 23.1B 26.4B

Revenue Growth

Revenue Growth 202320242025202620272028
High
28.1%
28.7%
32.3%
34.8%
19.3%
17.6%
Avg
23.0%
17.5%
16.9%
31.0%
15.9%
14.2%
Low
11.7%
2.3%
-2.9%
25.8%
11.4%
9.7%

EPS Forecast

EPS 2023202420252026
High 0.01 2.66 6.28 6.17
Avg -0.18 2.00 4.01 5.99
Low -0.75 1.11 2.13 5.75

EPS Growth

EPS Growth 2023202420252026
High - -
214.0%
53.7%
Avg - -
100.6%
49.3%
Low - -
6.4%
43.4%
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.