$2.00
0[0.00%]
At close: Apr 25
$2.00
0[0.00%]
After Hours: 7:35PM EDT
Dada Nexus
(NASDAQ:DADA)Dada Nexus Stock (NASDAQ:DADA), Analyst Ratings, Price Targets, Predictions
Dada Nexus Ltd has a consensus price target of $13.26, established from looking at the 22 latest analyst ratings. The last 3 analyst ratings were released from Goldman Sachs, Jefferies, and New Street Research on April 25, 2024, March 11, 2024, and March 6, 2024. With an average price target of $2.33 between Goldman Sachs, Jefferies, and New Street Research, there's an implied 16.67% upside for Dada Nexus Ltd from these 3 analyst ratings.
Analyst Firms Making Recommendations1
Goldman Sachs
Jefferies
New Street Research
Daiwa Capital
Mizuho
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for Dada Nexus
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 04/25/2024 | DADA | Buy Now | Dada Nexus | $2.00 | 5% | Goldman Sachs | Ronald Keung | → $2.1 | Reinstates | → Neutral | Get Alert |
| 03/11/2024 | DADA | Buy Now | Dada Nexus | $2.00 | 45% | Jefferies | Thomas Chong | $8.6 → $2.9 | Maintains | Buy | Get Alert |
| 03/06/2024 | DADA | Buy Now | Dada Nexus | $2.00 | — | New Street Research | Jin Yoon | → $2 | Downgrade | Buy → Neutral | Get Alert |
| 02/20/2024 | DADA | Buy Now | Dada Nexus | $2.00 | 75% | Daiwa Capital | Robin Leung | → $3.5 | Upgrade | Neutral → Buy | Get Alert |
| 01/17/2024 | DADA | Buy Now | Dada Nexus | $2.00 | 200% | Mizuho | James Lee | $7 → $6 | Maintains | Buy | Get Alert |
| 11/17/2023 | DADA | Buy Now | Dada Nexus | $2.00 | 130% | CLSA | Leo You | → $4.6 | Initiates | → Outperform | Get Alert |
| 10/25/2023 | DADA | Buy Now | Dada Nexus | $2.00 | 405% | Goldman Sachs | Ronald Keung | $11.6 → $10.1 | Maintains | Buy | Get Alert |
| 10/19/2023 | DADA | Buy Now | Dada Nexus | $2.00 | 139% | Morgan Stanley | Qianlei Fan | $12.3 → $4.78 | Downgrade | Overweight → Equal-Weight | Get Alert |
| 05/12/2023 | DADA | Buy Now | Dada Nexus | $2.00 | 450% | Citigroup | Alicia Yap | $12.5 → $11 | Maintains | Buy | Get Alert |
| 05/09/2023 | DADA | Buy Now | Dada Nexus | $2.00 | 550% | Mizuho | Wei Fang | $16 → $13 | Maintains | Buy | Get Alert |
| 01/11/2023 | DADA | Buy Now | Dada Nexus | $2.00 | 800% | JP Morgan | Andre Chang | $7.5 → $18 | Maintains | Overweight | Get Alert |
| 05/17/2022 | DADA | Buy Now | Dada Nexus | $2.00 | 725% | Mizuho | Wei Fang | $18 → $16.5 | Maintains | Buy | Get Alert |
| 05/16/2022 | DADA | Buy Now | Dada Nexus | $2.00 | 400% | JP Morgan | Andre Chang | $7.5 → $10 | Upgrade | Neutral → Overweight | Get Alert |
| 05/02/2022 | DADA | Buy Now | Dada Nexus | $2.00 | 800% | Mizuho | Wei Fang | $20 → $18 | Maintains | Buy | Get Alert |
| 03/14/2022 | DADA | Buy Now | Dada Nexus | $2.00 | 275% | JP Morgan | Andre Chang | → $7.5 | Downgrade | Overweight → Neutral | Get Alert |
| 03/09/2022 | DADA | Buy Now | Dada Nexus | $2.00 | 775% | Credit Suisse | Ashley Xu | $25 → $17.5 | Upgrade | Neutral → Outperform | Get Alert |
| 03/09/2022 | DADA | Buy Now | Dada Nexus | $2.00 | 1335% | B of A Securities | Eddie Leung | $35.4 → $28.7 | Maintains | Buy | Get Alert |
| 03/09/2022 | DADA | Buy Now | Dada Nexus | $2.00 | 900% | Mizuho | Wei Fang | $25 → $20 | Maintains | Buy | Get Alert |
| 01/14/2022 | DADA | Buy Now | Dada Nexus | $2.00 | 1150% | Mizuho | Wei Fang | → $25 | Initiates | → Buy | Get Alert |
FAQ
What is the target price for Dada Nexus (DADA)?
The latest price target for Dada Nexus (NASDAQ: DADA) was reported by Goldman Sachs on April 25, 2024. The analyst firm set a price target for $2.10 expecting DADA to rise to within 12 months (a possible 5.00% upside). 10 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Dada Nexus (DADA)?
The latest analyst rating for Dada Nexus (NASDAQ: DADA) was provided by Goldman Sachs, and Dada Nexus their neutral rating.
When was the last upgrade for Dada Nexus (DADA)?
The last upgrade for Dada Nexus Ltd happened on February 20, 2024 when Daiwa Capital raised their price target to $3.5. Daiwa Capital previously had a neutral for Dada Nexus Ltd.
When was the last downgrade for Dada Nexus (DADA)?
The last downgrade for Dada Nexus Ltd happened on March 6, 2024 when New Street Research changed their price target from N/A to $2 for Dada Nexus Ltd.
When is the next analyst rating going to be posted or updated for Dada Nexus (DADA)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Dada Nexus, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Dada Nexus was filed on April 25, 2024 so you should expect the next rating to be made available sometime around April 25, 2025.
Is the Analyst Rating Dada Nexus (DADA) correct?
While ratings are subjective and will change, the latest Dada Nexus (DADA) rating was a with a price target of $0.00 to $2.10. The current price Dada Nexus (DADA) is trading at is $2.00, which is within the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.