Dada Nexus Limited (DADA)
NASDAQ: DADA · IEX Real-Time Price · USD
1.400
-0.040 (-2.78%)
At close: Jun 17, 2024, 4:00 PM
1.391
-0.009 (-0.64%)
Pre-market: Jun 18, 2024, 8:00 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 153.57% from the current stock price of 1.40.

Analyst Consensus: Buy
Target Low Average Median High
Price $2.00 $3.55 $3.50 $5.00
Change +42.86% +153.57% +150.00% +257.14%

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 Jan '24Feb '24Mar '24Apr '24May '24Jun '24
Strong Buy 456533
Buy 111111
Hold 112333
Sell 000000
Strong Sell 000000
Total 679977

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Mizuho
Mizuho
Strong Buy
Maintains
$6$5
Strong Buy Maintains $6$5 +257.14% May 21, 2024
Goldman Sachs
Goldman Sachs
Hold
Initiates
$2.1
Hold Initiates $2.1 +50.00% Apr 25, 2024
Jefferies
Jefferies
Strong Buy
Maintains
$8.6$2.9
Strong Buy Maintains $8.6$2.9 +107.14% Mar 11, 2024
New Street Research
New Street Research
Hold
Downgrades
$2
Hold Downgrades $2 +42.86% Mar 6, 2024
Daiwa Capital
Daiwa Capital
Strong Buy
Upgrades
$3.5
Strong Buy Upgrades $3.5 +150.00% Feb 20, 2024
More Analyst Ratings

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
Year 2019202020212022202320242025202620272028
Revenue
3.10B5.74B6.87B9.37B10.51B9.98B11.33B12.74B17.57B18.80B
Revenue Growth
61.27%85.18%19.62%36.43%12.16%-4.99%13.47%12.47%37.90%7.04%
EPS
-27.20-12.48-10.40-7.92-7.52-2.83-0.650.345.67-
EPS Growth
--------1,585.20%-
Forward PE
-------4.160.25-
No. Analysts -----1312833
Financial currency is CNY. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 10.5B 12.4B 14.2B 18.6B 19.4B
Avg 10.0B 11.3B 12.7B 17.6B 18.8B
Low 9.4B 10.1B 11.4B 16.4B 18.1B

Revenue Growth

Revenue Growth 20242025202620272028
High
-0.3%
24.0%
25.7%
46.2%
10.2%
Avg
-5.0%
13.5%
12.5%
37.9%
7.0%
Low
-10.8%
0.9%
0.5%
28.5%
2.8%

EPS Forecast

EPS 2024202520262027
High -2.79 0.93 1.99 5.83
Avg -2.83 -0.65 0.34 5.67
Low -2.84 -1.71 -1.08 5.44

EPS Growth

EPS Growth 2024202520262027
High - - -
1,634.8%
Avg - - -
1,585.2%
Low - - -
1,519.1%
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.