Dada Nexus (DADA) Stock Forecast, Price Target & Predictions
DADA Stock Forecast
Dada Nexus stock forecast is as follows: an average price target of $6.04 (represents a 464.49% upside from DADA’s last price of $1.07) and a rating consensus of 'Hold', based on 3 wall street analysts offering a 1-year stock forecast.
DADA Price Target
The average price target for Dada Nexus (DADA) is $6.04 based on 1-year price targets from 3 Wall Street analysts in the past 3 months, with a price target range of $18.00 to $1.50. This represents a potential 464.49% upside from DADA's last price of $1.07.
DADA Analyst Ratings
According to 3 Wall Street analysts, Dada Nexus's rating consensus is 'Hold'. The analyst rating breakdown for DADA stock is 0 'Strong Buy' (0.00%), 1 'Buy' (33.33%), 2 'Hold' (66.67%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Dada Nexus Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Aug 21, 2024 | Thomas Chong | Jefferies | $2.20 | $1.29 | 70.54% | 105.61% |
| Aug 21, 2024 | Alicia Yap | Citigroup | $1.50 | $1.32 | 13.64% | 40.19% |
| May 21, 2024 | Wei Fang | Mizuho Securities | $5.00 | $1.89 | 164.55% | 367.29% |
| Feb 20, 2024 | Robin Leung | Daiwa | $3.50 | $2.09 | 67.46% | 227.10% |
| Jan 11, 2023 | - | J.P. Morgan | $18.00 | $13.81 | 30.34% | 1582.24% |
| May 17, 2022 | - | Mizuho Securities | $16.50 | $6.92 | 138.44% | 1442.06% |
| May 02, 2022 | Wei Fang | Mizuho Securities | $18.00 | $7.63 | 135.91% | 1582.24% |
The latest Dada Nexus stock forecast, released on Aug 21, 2024 by Thomas Chong from Jefferies, set a price target of $2.20, which represents a 70.54% increase from the stock price at the time of the forecast ($1.29), and a 105.61% increase from DADA last price ($1.07).
Dada Nexus Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 2 | 2 | 4 |
| Avg Price Target | $1.85 | $1.85 | $3.05 |
| Last Closing Price | $1.07 | $1.07 | $1.07 |
| Upside/Downside | 72.90% | 72.90% | 185.05% |
In the current month, the average price target of Dada Nexus stock is $1.85, according to 2 Wall Street analysts offering twelve months forecast. The average price target represents a 72.90% increase as opposed to Dada Nexus's last price of $1.07. This month's average price target is down 0.00% compared to last quarter, and down -39.34% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Aug 21, 2024 | Jefferies | Buy | Buy | Hold |
| Aug 21, 2024 | Citigroup | - | Neutral | Upgrade |
| Aug 21, 2024 | Citigroup | - | Negative | Upgrade |
| May 16, 2024 | Daiwa | Buy | Neutral | Downgrade |
| Mar 11, 2024 | Jefferies | Buy | Buy | Hold |
| Feb 20, 2024 | Daiwa | - | Buy | Upgrade |
| May 17, 2022 | Jefferies | Buy | Buy | Hold |
Dada Nexus's last stock rating was published by Jefferies on Aug 21, 2024. The company gave DADA a "Buy" rating, the same as its previous rate.
Dada Nexus Financial Forecast
Dada Nexus Revenue Forecast
| Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | $2.58B | $2.68B | $2.38B | $2.28B | $2.03B | $2.03B | $1.69B | $1.47B | $1.67B | $2.02B | $1.30B | $1.32B |
| Avg Forecast | $2.72B | $2.41B | $2.56B | $2.42B | $2.28B | $2.51B | $3.13B | $2.86B | $2.80B | $2.57B | $2.66B | $2.38B | $2.26B | $1.99B | $2.03B | $1.65B | $1.42B | $1.52B | $2.01B | $1.29B | $1.29B |
| High Forecast | $2.77B | $2.45B | $2.61B | $2.47B | $2.32B | $2.56B | $3.18B | $2.91B | $2.86B | $2.62B | $2.71B | $2.42B | $2.26B | $1.99B | $2.03B | $1.65B | $1.42B | $1.52B | $2.01B | $1.29B | $1.29B |
| Low Forecast | $2.69B | $2.38B | $2.53B | $2.39B | $2.25B | $2.48B | $3.09B | $2.82B | $2.77B | $2.54B | $2.63B | $2.35B | $2.26B | $1.99B | $2.03B | $1.65B | $1.42B | $1.52B | $2.01B | $1.29B | $1.29B |
| # Analysts | - | - | 2 | 3 | 2 | 2 | 3 | 1 | 1 | 1 | - | - | - | - | 1 | 2 | 2 | 1 | 2 | 1 | 1 |
| Surprise % | - | - | - | - | - | - | - | - | - | 1.00% | 1.01% | 1.00% | 1.01% | 1.02% | 1.00% | 1.02% | 1.04% | 1.10% | 1.00% | 1.01% | 1.03% |
Dada Nexus's average Quarter revenue forecast for Jun 23 based on 1 analysts is $2.80B, with a low forecast of $2.77B, and a high forecast of $2.86B. DADA's average Quarter revenue forecast represents a 8.89% increase compared to the company's last Quarter revenue of $2.58B (Mar 23).
Dada Nexus EBITDA Forecast
| Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | 2 | 3 | 2 | 2 | 3 | 1 | 1 | 1 | - | - | - | - | 1 | 2 | 2 | 1 | 2 | 1 | 1 |
| EBITDA | - | - | - | - | - | - | - | - | - | $-351.25M | $-366.36M | $-452.16M | $-578.71M | $-611.59M | $-584.10M | $-541.00M | $-637.65M | $-706.12M | $-530.45M | $-431.22M | $-456.63M |
| Avg Forecast | $-753.47M | $-666.05M | $-707.77M | $-669.81M | $-631.44M | $-694.83M | $-864.61M | $-791.43M | $-775.86M | $-712.17M | $-736.26M | $-3.94B | $-626.40M | $-2.99B | $-562.28M | $-3.81B | $-392.39M | $-421.33M | $-555.85M | $-357.30M | $-2.54B |
| High Forecast | $-743.97M | $-657.65M | $-698.84M | $-661.36M | $-623.48M | $-686.06M | $-853.70M | $-781.45M | $-766.08M | $-703.19M | $-726.98M | $-3.15B | $-626.40M | $-2.39B | $-562.28M | $-3.05B | $-392.39M | $-421.33M | $-555.85M | $-357.30M | $-2.03B |
| Low Forecast | $-767.32M | $-678.30M | $-720.78M | $-682.12M | $-643.05M | $-707.60M | $-880.51M | $-805.98M | $-790.13M | $-725.27M | $-749.80M | $-4.73B | $-626.40M | $-3.58B | $-562.28M | $-4.57B | $-392.39M | $-421.33M | $-555.85M | $-357.30M | $-3.05B |
| Surprise % | - | - | - | - | - | - | - | - | - | 0.49% | 0.50% | 0.11% | 0.92% | 0.20% | 1.04% | 0.14% | 1.63% | 1.68% | 0.95% | 1.21% | 0.18% |
undefined analysts predict DADA's average Quarter EBITDA for undefined to be $NaN, with a high of $NaN and a low of $NaN. This is NaN% lower than Dada Nexus's previous annual EBITDA (undefined) of $NaN.
Dada Nexus Net Income Forecast
| Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | 2 | 3 | 2 | 2 | 3 | 1 | 1 | 1 | - | - | - | - | 1 | 2 | 2 | 1 | 2 | 1 | 1 |
| Net Income | - | - | - | - | - | - | - | - | - | $-350.45M | $-370.58M | $-454.34M | $-578.85M | $-604.24M | $-577.79M | $-542.66M | $-640.41M | $-710.27M | $-534.37M | $-434.03M | $-457.49M |
| Avg Forecast | $-181.28M | $-242.20M | $-146.15M | $-140.47M | $-46.96M | $-139.51M | $87.58M | $-7.92M | $13.89M | $-158.97M | $-224.08M | $-3.95B | $-438.89M | $-2.99B | $-559.65M | $-3.82B | $-577.26M | $-680.64M | $-401.68M | $-321.53M | $-2.54B |
| High Forecast | $-178.31M | $-238.23M | $-143.75M | $-138.17M | $-46.19M | $-137.22M | $89.67M | $-7.79M | $14.22M | $-156.37M | $-220.41M | $-3.16B | $-438.89M | $-2.39B | $-559.65M | $-3.06B | $-577.26M | $-680.64M | $-401.68M | $-321.53M | $-2.04B |
| Low Forecast | $-185.61M | $-247.99M | $-149.65M | $-143.83M | $-48.08M | $-142.84M | $86.14M | $-8.11M | $13.66M | $-162.77M | $-229.43M | $-4.74B | $-438.89M | $-3.58B | $-559.65M | $-4.58B | $-577.26M | $-680.64M | $-401.68M | $-321.53M | $-3.05B |
| Surprise % | - | - | - | - | - | - | - | - | - | 2.20% | 1.65% | 0.11% | 1.32% | 0.20% | 1.03% | 0.14% | 1.11% | 1.04% | 1.33% | 1.35% | 0.18% |
Dada Nexus's average Quarter net income forecast for undefined is $NaN, with a range of $NaN to $NaN. DADA's average Quarter net income forecast represents a NaN% decrease compared to the company's last Quarter net income of $NaN (undefined).
Dada Nexus SG&A Forecast
| Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | 2 | 3 | 2 | 2 | 3 | 1 | 1 | 1 | - | - | - | - | 1 | 2 | 2 | 1 | 2 | 1 | 1 |
| SG&A | - | - | - | - | - | - | - | - | - | $1.40B | $1.39B | $1.26B | $1.29B | $1.22B | $1.13B | $878.86M | $924.28M | $893.46M | $816.15M | $620.28M | $551.05M |
| Avg Forecast | $1.37B | $1.21B | $1.29B | $1.22B | $1.15B | $1.26B | $1.57B | $1.44B | $1.41B | $1.29B | $1.34B | $1.20B | $1.14B | $1.00B | $1.02B | $828.64M | $713.19M | $765.79M | $1.01B | $649.42M | $646.33M |
| High Forecast | $1.39B | $1.23B | $1.31B | $1.24B | $1.17B | $1.29B | $1.60B | $1.46B | $1.44B | $1.32B | $1.36B | $1.22B | $1.14B | $1.00B | $1.02B | $828.64M | $713.19M | $765.79M | $1.01B | $649.42M | $646.33M |
| Low Forecast | $1.35B | $1.20B | $1.27B | $1.20B | $1.13B | $1.25B | $1.55B | $1.42B | $1.39B | $1.28B | $1.32B | $1.18B | $1.14B | $1.00B | $1.02B | $828.64M | $713.19M | $765.79M | $1.01B | $649.42M | $646.33M |
| Surprise % | - | - | - | - | - | - | - | - | - | 1.08% | 1.04% | 1.05% | 1.13% | 1.21% | 1.11% | 1.06% | 1.30% | 1.17% | 0.81% | 0.96% | 0.85% |
Dada Nexus's average Quarter SG&A projection for Jun 23 is $1.41B, based on 1 Wall Street analysts, with a range of $1.39B to $1.44B. The forecast indicates a 1.07% rise compared to DADA last annual SG&A of $1.40B (Mar 23).
Dada Nexus EPS Forecast
| Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | 2 | 3 | 2 | 2 | 3 | 1 | 1 | 1 | - | - | - | - | 1 | 2 | 2 | 1 | 2 | 1 | 1 |
| EPS | - | - | - | - | - | - | - | - | - | $-1.37 | $-1.45 | $-1.77 | $-2.39 | $-2.49 | $-2.45 | $-1.92 | $-2.68 | $-2.99 | $-2.36 | $-1.92 | $-3.74 |
| Avg Forecast | $-0.69 | $-0.93 | $-0.56 | $-0.54 | $-0.18 | $-0.53 | $0.34 | $-0.03 | $0.05 | $-0.61 | $-0.86 | $-1.27 | $-1.66 | $-1.67 | $-2.12 | $-2.04 | $-2.18 | $-2.58 | $-1.52 | $-1.22 | $-1.39 |
| High Forecast | $-0.68 | $-0.91 | $-0.55 | $-0.53 | $-0.18 | $-0.53 | $0.34 | $-0.03 | $0.05 | $-0.60 | $-0.84 | $-1.25 | $-1.66 | $-1.67 | $-2.12 | $-2.04 | $-2.18 | $-2.58 | $-1.52 | $-1.22 | $-1.39 |
| Low Forecast | $-0.71 | $-0.95 | $-0.57 | $-0.55 | $-0.18 | $-0.55 | $0.33 | $-0.03 | $0.05 | $-0.62 | $-0.88 | $-1.30 | $-1.66 | $-1.67 | $-2.12 | $-2.04 | $-2.18 | $-2.58 | $-1.52 | $-1.22 | $-1.39 |
| Surprise % | - | - | - | - | - | - | - | - | - | 2.25% | 1.69% | 1.39% | 1.44% | 1.49% | 1.16% | 0.94% | 1.23% | 1.16% | 1.55% | 1.58% | 2.69% |
According to undefined Wall Street analysts, Dada Nexus's projected average Quarter EPS for undefined is $NaN, with a low estimate of $NaN and a high estimate of $NaN. This represents a NaN% decrease compared to DADA previous annual EPS of $NaN (undefined).
Dada Nexus Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| FTCH | Farfetch | $0.64 | $32.73 | 5014.06% | Buy |
| DADA | Dada Nexus | $1.07 | $6.04 | 464.49% | Hold |
| JD | JD | $26.24 | $69.00 | 162.96% | Buy |
| DTC | Solo Brands | $1.56 | $3.98 | 155.13% | Buy |
| BZUN | Baozun | $2.50 | $5.35 | 114.00% | Buy |
| SE | Sea | $81.18 | $163.35 | 101.22% | Buy |
| JMIA | Jumia | $4.77 | $9.00 | 88.68% | Buy |
| BABA | Alibaba Group | $84.69 | $150.56 | 77.78% | Buy |
| DIBS | 1stdibs | $4.76 | $8.00 | 68.07% | Buy |
| PDD | PDD | $94.99 | $154.61 | 62.76% | Buy |
| GLBE | Global-e Online | $36.65 | $51.50 | 40.52% | Buy |
| VIPS | Vipshop | $12.80 | $15.81 | 23.52% | Hold |
| MELI | MercadoLibre | $2.12K | $1.82K | -14.36% | Buy |
DADA Forecast FAQ
Is Dada Nexus a good buy?
No, according to 3 Wall Street analysts, Dada Nexus (DADA) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 1 'Buy' recommendations, accounting for 33.33% of DADA's total ratings.
What is DADA's price target?
Dada Nexus (DADA) average price target is $6.04 with a range of $1.5 to $18, implying a 464.49% from its last price of $1.07. The data is based on 3 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Dada Nexus stock go up soon?
According to Wall Street analysts' prediction for DADA stock, the company can go up by 464.49% (from the last price of $1.07 to the average price target of $6.04), up by 1582.24% based on the highest stock price target, and up by 40.19% based on the lowest stock price target.
Can Dada Nexus stock reach $2?
DADA's average twelve months analyst stock price target of $6.04 supports the claim that Dada Nexus can reach $2 in the near future.
What is Dada Nexus's current price target trend?
2 Wall Street analysts forecast a $1.85 price target for Dada Nexus (DADA) this month, up 72.90% from its last price of $1.07. Compared to the last 3 and 12 months, the average price target increased by 72.90% and increased by 185.05%, respectively.
What are Dada Nexus's analysts' financial forecasts?
Dada Nexus's analysts financial forecasts for the fiscal year (Dec 2023) are as follows: average revenue is $11.37B (high $11.57B, low $11.22B), average EBITDA is $-3.144B (high $-3.104B, low $-3.202B), average net income is $-65.418M (high $-60.259M, low $-71.071M), average SG&A $5.71B (high $5.82B, low $5.64B), and average EPS is $-0.251 (high $-0.231, low $-0.272). DADA's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $9.77B (high $9.95B, low $9.65B), average EBITDA is $-2.704B (high $-2.67B, low $-2.754B), average net income is $-473M (high $-465M, low $-484M), average SG&A $4.91B (high $5B, low $4.85B), and average EPS is $-1.813 (high $-1.783, low $-1.856).
Did the DADA's actual financial results beat the analysts' financial forecasts?
Based on Dada Nexus's last annual report (Dec 2022), the company's revenue was $9.37B, beating the average analysts forecast of $9.3B by 0.75%. Apple's EBITDA was $-2.002B, missing the average prediction of $-8.291B by -75.85%. The company's net income was $-2.008B, missing the average estimation of $-7.601B by -73.58%. Apple's SG&A was $5.16B, beating the average forecast of $4.68B by 10.30%. Lastly, the company's EPS was $-7.91, beating the average prediction of $-5.456 by 44.97%. In terms of the last quarterly report (Mar 2023), Dada Nexus's revenue was $2.58B, beating the average analysts' forecast of $2.57B by 0.05%. The company's EBITDA was $-351M, missing the average prediction of $-712M by -50.68%. Dada Nexus's net income was $-350M, beating the average estimation of $-159M by 120.45%. The company's SG&A was $1.4B, beating the average forecast of $1.29B by 7.79%. Lastly, the company's EPS was $-1.37, beating the average prediction of $-0.609 by 124.92%