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NASDAQ:DADA - Dada Nexus Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $43.00
  • Forecasted Upside: 35.14 %
  • Number of Analysts: 6
  • Breakdown:
  • 0 Sell Ratings
  • 1 Hold Ratings
  • 5 Buy Ratings
  • 0 Strong Buy Ratings
$31.82 As of 03/5/2021 03:27 PM ET
▼ -0.4 (-1.24%)
1 month | 3 months | 12 months
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Analyst Price Target for DADA

i We calculate consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). Our consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. Our consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
$43.00
▲ +35.14% Upside Potential
This price target is based on 6 analysts offering 12 month price targets for Dada Nexus in the last 3 months. The average price target is $43.00, with a high forecast of $55.00 and a low forecast of $36.00. The average price target represents a 35.14% upside from the last price of $31.82.
Buy
The current consensus among 6 contributing investment analysts is to buy stock in Dada Nexus.

Past Monthly Recommendations

Move your mouse over past months for details

  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
9/11/2019
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
12/10/2019
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
3/9/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
6/7/2020
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
9/5/2020
  • 0 strong buy ratings
  • 3 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
12/4/2020
  • 0 strong buy ratings
  • 5 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
2/2/2021
  • 0 strong buy ratings
  • 5 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
3/4/2021

Latest Recommendations

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

DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
1/18/2021CICC ResearchInitiated CoverageOutperformN/A
i
1/7/2021KeyCorpInitiated CoverageOverweight$55.00N/A
i
12/8/2020Morgan StanleyDowngradeOverweight ➝ Equal Weight$34.00 ➝ $41.00High
i
11/11/2020The Goldman Sachs GroupUpgradeNeutral ➝ Buy$28.50 ➝ $36.00High
i
Rating by Ronald Keung at The Goldman Sachs Group, Inc.
10/30/2020New Street ResearchInitiated CoverageBuy$40.00High
i
10/27/2020Daiwa Capital MarketsInitiated CoverageBuyLow
i
10/5/2020Morgan StanleyInitiated CoverageOverweight$34.00Low
i
6/30/2020The Goldman Sachs GroupInitiated CoverageNeutral$22.00Medium
i
(Data available from 3/5/2016 forward)
Dada Nexus logo
Dada Nexus Limited operates platform of local on-demand retail and delivery in China. It operates JD-Daojia, 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 founded in 2014 and is headquartered in Shanghai, the People's Republic of China.
Read More

Today's Range

Now: $31.82
$29.38
$32.87

50 Day Range

MA: $42.42
$34.89
$46.44

52 Week Range

Now: $31.82
$14.60
$61.27

Volume

49,982 shs

Average Volume

1,861,619 shs

Market Capitalization

$7.43 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, Daiwa Capital Markets, 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?

4 Wall Street analysts have set twelve-month price targets for Dada Nexus in the last year. Their average twelve-month price target is $43.00, suggesting a possible upside of 33.5%. KeyCorp has the highest price target set, predicting DADA will reach $55.00 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 5 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, GDS, Wix.com, LINE, Weibo, FactSet Research Systems, TripAdvisor, Chindata Group, OneConnect Financial Technology, Medallia, HUYA, Sabre, Magnite, 21Vianet Group and DouYu International.

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.