NASDAQ:DADA - Dada Nexus Stock Price Target and Predictions

Target and Analyst Ratings
Price Target History
Upgrades and Downgrades
About
FAQ

Consensus Rating: Buy
Consensus Price Target: $39.71
Forecasted Upside: 32.38 %
Number of Analysts: 9
Breakdown:
0 Sell Ratings
1 Hold Ratings
8 Buy Ratings
0 Strong Buy Ratings

^$30.00 As of 06/23/2021 01:00 AM ET

▲ +0.17 (0.57%)

1 month | 3 months | 12 months

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Analyst Price Target for DADA

^$39.71

▲ +32.38% Upside Potential

This price target is based on 9 analysts offering 12 month price targets for Dada Nexus in the last 3 months. The average price target is $39.71, with a high forecast of $47.00 and a low forecast of $36.00. The average price target represents a 32.38% upside from the last price of $30.00.

Current Consensus is Buy

The current consensus among 9 contributing investment analysts is to buy stock in Dada Nexus.

Past Monthly Recommendations

Move your mouse over past months for details Read Past Recommendations Description Skip Past Price Target Consensus Chart

0 strong buy ratings
0 buy ratings
0 hold ratings
0 sell ratings

Ratings as of

12/31/2019

0 strong buy ratings
0 buy ratings
0 hold ratings
0 sell ratings

Ratings as of

3/30/2020

0 strong buy ratings
0 buy ratings
0 hold ratings
0 sell ratings

Ratings as of

6/28/2020

0 strong buy ratings
1 buy ratings
0 hold ratings
0 sell ratings

Ratings as of

9/26/2020

0 strong buy ratings
3 buy ratings
1 hold ratings
0 sell ratings

Ratings as of

12/25/2020

0 strong buy ratings
5 buy ratings
1 hold ratings
0 sell ratings

Ratings as of

3/25/2021

0 strong buy ratings
7 buy ratings
1 hold ratings
0 sell ratings

Ratings as of

5/24/2021

0 strong buy ratings
8 buy ratings
1 hold ratings
0 sell ratings

Ratings as of

6/23/2021

Latest Recommendations

Show Most Recent Rating from Each Ratings Firm Show All Ratings

Date	Brokerage	Action	Rating	Price Target	Impact on Share Price
6/9/2021	Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell	Boost Price Target	Buy	$36.00 ➝ $37.00	High
6/9/2021	Citigroup	Boost Price Target	Buy	$36.00 ➝ $37.00	High
6/9/2021	JPMorgan Chase & Co.	Initiated Coverage	Overweight	$40.00	High
5/4/2021	Citigroup	Initiated Coverage	Buy	$36.00	High
5/4/2021	Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell	Initiated Coverage	Buy	$36.00	High
3/10/2021	KeyCorp	Lower Price Target	Overweight	$55.00 ➝ $47.00	High
1/18/2021	CICC Research	Initiated Coverage	Outperform		N/A
1/7/2021	KeyCorp	Initiated Coverage	Overweight	$55.00	N/A
12/8/2020	Morgan Stanley	Downgrade	Overweight ➝ Equal Weight	$34.00 ➝ $41.00	High
11/11/2020	The Goldman Sachs Group	Upgrade	Neutral ➝ Buy	$28.50 ➝ $36.00	High
10/30/2020	New Street Research	Initiated Coverage	Buy	$40.00	High
10/27/2020	Daiwa Capital Markets	Initiated Coverage	Buy		Low
10/5/2020	Morgan Stanley	Initiated Coverage	Overweight	$34.00	Low
6/30/2020	The Goldman Sachs Group	Initiated Coverage	Neutral	$22.00	Medium

(Data available from 6/23/2016 forward)

Dada Nexus Limited operates platform of local on-demand retail and delivery in China. It operates JDDJ, a local on-demand retail platform for consumers, retailers, and brand owners; and Dada Now, a local on-demand delivery platform for merchants and individual senders in various industries and product categories. The company was incorporated in 2014 and is headquartered in Shanghai, the People's Republic of China.

Today's Range

Now: $30.00

$29.78

$30.60

50 Day Range

MA: $25.48

$19.92

$31.99

52 Week Range

Now: $30.00

$19.53

$61.27

Volume

823,041 shs

Average Volume

1,558,944 shs

Market Capitalization

$7.10 billion

P/E Ratio

N/A

Dividend Yield

N/A

Beta

N/A

Frequently Asked Questions

What sell-side analysts currently cover shares of Dada Nexus?

The following sell-side analysts have issued reports on Dada Nexus in the last twelve months: CICC Research, Citigroup Inc., Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell, Daiwa Capital Markets, JPMorgan Chase & Co., KeyCorp, Morgan Stanley, New Street Research, The Goldman Sachs Group, Inc., and Zacks Investment Research.
View the latest analyst ratings for DADA.

What is the current price target for Dada Nexus?

7 Wall Street analysts have set twelve-month price targets for Dada Nexus in the last year. Their average twelve-month price target is $39.71, suggesting a possible upside of 32.4%. KeyCorp has the highest price target set, predicting DADA will reach $47.00 in the next twelve months. The Goldman Sachs Group, Inc. has the lowest price target set, forecasting a price of $36.00 for Dada Nexus in the next year.
View the latest price targets for DADA.

What is the current consensus analyst rating for Dada Nexus?

Dada Nexus currently has 1 hold rating and 8 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe DADA will outperform the market and that investors should add to their positions of Dada Nexus.
View the latest ratings for DADA.

What other companies compete with Dada Nexus?

Other companies that are similar to Dada Nexus include Yandex, Wix.com, GDS, FactSet Research Systems, Weibo, DoubleVerify, TripAdvisor, Chindata Group, DigitalOcean, Medallia, Switch, OneConnect Financial Technology, Sabre, Magnite and Cardlytics.

How do I contact Dada Nexus' investor relations team?

Dada Nexus' physical mailing address is 22ND FLOOR NO. 1088 YANGSHUPU ROAD YANGPU DISTRICT, SHANGHAI F4, 200082. The company's listed phone number is 86-21-3165-7167 and its investor relations email address is [email protected] The official website for Dada Nexus is about.imdada.cn.