Dada Nexus (DADA) Stock Forecast, Price Target & Predictions

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DADA Stock Forecast

Dada Nexus stock forecast is as follows: an average price target of $2.10 (represents a 53.28% upside from DADA’s last price of $1.37) 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 $2.10 based on 1-year price targets from 3 Wall Street analysts in the past 3 months, with a price target range of $2.20 to $2.00. This represents a potential 53.28% upside from DADA's last price of $1.37.

DADA Analyst Ratings

Hold

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
Oct 14, 2024	Alicia Yap	Citigroup	$2.00	$1.73	15.61%	45.99%
Aug 21, 2024	Thomas Chong	Jefferies	$2.20	$1.29	70.54%	60.58%
Aug 21, 2024	Alicia Yap	Citigroup	$1.50	$1.32	13.64%	9.49%
May 21, 2024	Wei Fang	Mizuho Securities	$5.00	$1.89	164.55%	264.96%
Feb 20, 2024	Robin Leung	Daiwa	$3.50	$2.09	67.46%	155.47%
Jan 11, 2023		J.P. Morgan	$18.00	$13.81	30.34%	1213.87%
May 17, 2022		Mizuho Securities	$16.50	$6.92	138.44%	1104.38%
May 02, 2022	Wei Fang	Mizuho Securities	$18.00	$7.63	135.91%	1213.87%

The latest Dada Nexus stock forecast, released on Oct 14, 2024 by Alicia Yap from Citigroup, set a price target of $2.00, which represents a 15.61% increase from the stock price at the time of the forecast ($1.73), and a 45.99% increase from DADA last price ($1.37).

Dada Nexus Price Target by Period

	1M	3M	12M
# Anlaysts	-	1	5
Avg Price Target	-	$2.00	$2.84
Last Closing Price	$1.37	$1.37	$1.37
Upside/Downside	-100.00%	45.99%	107.30%

In the current month, the average price target of Dada Nexus stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Dada Nexus's last price of $1.37. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades

Date	Company	Previous Rating	New Rating	Rating Change
Oct 14, 2024	Citigroup	Neutral	Neutral	Hold
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 Citigroup on Oct 14, 2024. The company gave DADA a "Neutral" rating, the same as its previous rate.

Dada Nexus Financial Forecast

Dada Nexus Revenue Forecast

	Sep 25	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	$2.63B	$2.48B	$2.24B	$2.41B	$2.36B	$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	$2.68B	$2.52B	$2.28B	$2.49B	$2.41B	$2.32B	$2.56B	$3.18B	$2.91B	$2.85B	$2.62B	$2.71B	$2.38B	$2.26B	$1.99B	$2.03B	$1.65B	$1.42B	$1.52B	$2.01B	$1.29B	$1.29B
Low Forecast	$2.59B	$2.43B	$2.20B	$2.33B	$2.33B	$2.24B	$2.47B	$3.07B	$2.81B	$2.76B	$2.53B	$2.62B	$2.38B	$2.26B	$1.99B	$2.03B	$1.65B	$1.42B	$1.52B	$2.01B	$1.29B	$1.29B
# Analysts	1	1	1	3	1	1	2	3	1	1	1	1	1	1	1	2	2	2	2	1	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 $2.76B, and a high forecast of $2.85B. 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

	Sep 25	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	1	1	1	3	1	1	2	3	1	1	1	1	1	1	1	2	2	2	2	1	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	$-751.09M	$-706.08M	$-637.86M	$-686.89M	$-674.40M	$-650.95M	$-716.29M	$-891.32M	$-815.88M	$-799.83M	$-734.17M	$-759.01M	$-658.40M	$-626.40M	$-2.99B	$-562.28M	$-3.81B	$-392.39M	$-421.33M	$-555.85M	$-357.30M	$-2.54B
High Forecast	$-738.69M	$-694.42M	$-627.33M	$-665.32M	$-663.27M	$-640.20M	$-704.46M	$-876.60M	$-802.40M	$-786.62M	$-722.05M	$-746.48M	$-658.40M	$-626.40M	$-2.39B	$-562.28M	$-3.05B	$-392.39M	$-421.33M	$-555.85M	$-357.30M	$-2.03B
Low Forecast	$-764.35M	$-718.55M	$-649.13M	$-709.97M	$-686.31M	$-662.45M	$-728.94M	$-907.06M	$-830.29M	$-813.95M	$-747.14M	$-772.41M	$-658.40M	$-626.40M	$-3.58B	$-562.28M	$-4.57B	$-392.39M	$-421.33M	$-555.85M	$-357.30M	$-3.05B
Surprise %	-	-	-	-	-	-	-	-	-	-	0.48%	0.48%	0.69%	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

	Sep 25	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	1	1	1	3	1	1	2	3	1	1	1	1	1	1	1	2	2	2	2	1	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	$-165.94M	$-164.98M	$-178.20M	$-265.25M	$-137.45M	$-46.96M	$-139.51M	$87.58M	$-7.92M	$13.89M	$-158.97M	$-224.08M	$-331.33M	$-433.42M	$-2.99B	$-552.68M	$-3.82B	$-570.07M	$-672.17M	$-396.67M	$-317.52M	$-2.54B
High Forecast	$-162.37M	$-161.44M	$-174.38M	$-233.52M	$-134.49M	$-45.95M	$-136.52M	$89.59M	$-7.75M	$14.21M	$-155.56M	$-219.27M	$-331.33M	$-433.42M	$-2.39B	$-552.68M	$-3.06B	$-570.07M	$-672.17M	$-396.67M	$-317.52M	$-2.04B
Low Forecast	$-169.75M	$-168.77M	$-182.30M	$-318.16M	$-140.60M	$-48.04M	$-142.71M	$85.70M	$-8.10M	$13.59M	$-162.62M	$-229.22M	$-331.33M	$-433.42M	$-3.58B	$-552.68M	$-4.58B	$-570.07M	$-672.17M	$-396.67M	$-317.52M	$-3.05B
Surprise %	-	-	-	-	-	-	-	-	-	-	2.20%	1.65%	1.37%	1.34%	0.20%	1.05%	0.14%	1.12%	1.06%	1.35%	1.37%	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

	Sep 25	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	1	1	1	3	1	1	2	3	1	1	1	1	1	1	1	2	2	2	2	1	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	$1.32B	$1.24B	$1.12B	$1.21B	$1.19B	$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	$1.35B	$1.27B	$1.14B	$1.25B	$1.21B	$1.17B	$1.29B	$1.60B	$1.46B	$1.44B	$1.32B	$1.36B	$1.20B	$1.14B	$1.00B	$1.02B	$828.64M	$713.19M	$765.79M	$1.01B	$649.42M	$646.33M
Low Forecast	$1.30B	$1.22B	$1.11B	$1.17B	$1.17B	$1.13B	$1.24B	$1.55B	$1.41B	$1.39B	$1.27B	$1.32B	$1.20B	$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

	Sep 25	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	1	1	1	3	1	1	2	3	1	1	1	1	1	1	1	2	2	2	2	1	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	$-0.64	$-0.63	$-0.68	$-1.02	$-0.53	$-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	$-0.62	$-0.62	$-0.67	$-0.89	$-0.52	$-0.18	$-0.52	$0.34	$-0.03	$0.05	$-0.60	$-0.84	$-1.27	$-1.66	$-1.67	$-2.12	$-2.04	$-2.18	$-2.58	$-1.52	$-1.22	$-1.39
Low Forecast	$-0.65	$-0.65	$-0.70	$-1.22	$-0.54	$-0.18	$-0.55	$0.33	$-0.03	$0.05	$-0.62	$-0.88	$-1.27	$-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
JMIA	Jumia	$4.22	$9.00	113.27%	Buy
DIBS	1stdibs	$3.77	$8.00	112.20%	Buy
DTC	Solo Brands	$1.06	$1.96	84.91%	Buy
PDD	PDD	$99.72	$168.00	68.47%	Buy
DADA	Dada Nexus	$1.38	$2.10	52.17%	Hold
BABA	Alibaba Group	$85.50	$121.71	42.35%	Buy
MELI	MercadoLibre	$1.74K	$2.34K	34.19%	Buy
VIPS	Vipshop	$13.63	$16.37	20.10%	Hold
JD	JD	$36.46	$43.40	19.03%	Buy
LQDT	Liquidity Services	$31.72	$37.00	16.65%	Buy
SE	Sea	$111.47	$99.38	-10.85%	Buy
GLBE	Global-e Online	$55.15	$47.33	-14.18%	Buy
BZUN	Baozun	$3.26	$2.20	-32.52%	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 $2.1 with a range of $2 to $2.2, implying a 53.28% from its last price of $1.37. 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 53.28% (from the last price of $1.37 to the average price target of $2.1), up by 60.58% based on the highest stock price target, and up by 45.99% based on the lowest stock price target.

Can Dada Nexus stock reach $2?

DADA's average twelve months analyst stock price target of $2.1 supports the claim that Dada Nexus can reach $2 in the near future.

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 $11.18B), average EBITDA is $-3.241B (high $-3.188B, low $-3.298B), average net income is $-65.418M (high $-59.506M, low $-71.426M), average SG&A $5.71B (high $5.82B, low $5.62B), and average EPS is $-0.251 (high $-0.228, low $-0.274). DADA's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $9.57B (high $9.77B, low $9.37B), average EBITDA is $-2.729B (high $-2.673B, low $-2.788B), average net income is $-589M (high $-550M, low $-650M), average SG&A $4.81B (high $4.91B, low $4.71B), and average EPS is $-2.257 (high $-2.109, low $-2.489).

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 $-5.031B by -60.21%. The company's net income was $-2.008B, missing the average estimation of $-3.974B by -49.47%. 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 $-734M by -52.16%. 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%