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Dada Nexus
DADANASDAQ
Dada Nexus (NASDAQ:DADA) Stock, Analyst Ratings, Price Targets, Forecasts
Dada Nexus Ltd has a consensus price target of $13.19 based on the ratings of 14 analysts. The high is $40 issued by Keybanc on September 9, 2021. The low is $2 issued by New Street Research on March 6, 2024. The 3 most-recent analyst ratings were released by Mizuho, Goldman Sachs, and Jefferies on May 21, 2024, April 25, 2024, and March 11, 2024, respectively. With an average price target of $3.33 between Mizuho, Goldman Sachs, and Jefferies, there's an implied 146.91% upside for Dada Nexus Ltd from these most-recent analyst ratings.
Analyst Firms Making Recommendations1
Mizuho
Goldman Sachs
Jefferies
New Street Research
Daiwa Capital
1calculated from analyst ratings
Analyst Ratings for Dada Nexus
| Buy Now | Get Alert | |||||||
|---|---|---|---|---|---|---|---|---|
| 05/21/2024 | Buy Now | 270.37% | Mizuho | James Lee | $6 → $5 | Maintains | Buy | Get Alert |
| 04/25/2024 | Buy Now | 55.56% | Goldman Sachs | Ronald Keung | → $2.1 | Reinstates | → Neutral | Get Alert |
| 03/11/2024 | Buy Now | 114.81% | Jefferies | Thomas Chong | $8.6 → $2.9 | Maintains | Buy | Get Alert |
| 03/06/2024 | Buy Now | 48.15% | New Street Research | Jin Yoon | → $2 | Downgrade | Buy → Neutral | Get Alert |
| 02/20/2024 | Buy Now | 159.26% | Daiwa Capital | Robin Leung | → $3.5 | Upgrade | Neutral → Buy | Get Alert |
| 01/17/2024 | Buy Now | 344.44% | Mizuho | James Lee | $7 → $6 | Maintains | Buy | Get Alert |
| 11/17/2023 | Buy Now | 240.74% | CLSA | Leo You | → $4.6 | Initiates | → Outperform | Get Alert |
| 10/25/2023 | Buy Now | 648.15% | Goldman Sachs | Ronald Keung | $11.6 → $10.1 | Maintains | Buy | Get Alert |
| 10/19/2023 | Buy Now | 254.07% | Morgan Stanley | Qianlei Fan | $12.3 → $4.78 | Downgrade | Overweight → Equal-Weight | Get Alert |
| 05/12/2023 | Buy Now | 714.81% | Citigroup | Alicia Yap | $12.5 → $11 | Maintains | Buy | Get Alert |
| 05/09/2023 | Buy Now | 862.96% | Mizuho | Wei Fang | $16 → $13 | Maintains | Buy | Get Alert |
| 01/11/2023 | Buy Now | 1233.33% | JP Morgan | Andre Chang | $7.5 → $18 | Maintains | Overweight | Get Alert |
| 05/17/2022 | Buy Now | 1122.22% | Mizuho | Wei Fang | $18 → $16.5 | Maintains | Buy | Get Alert |
| 05/16/2022 | Buy Now | 640.74% | JP Morgan | Andre Chang | $7.5 → $10 | Upgrade | Neutral → Overweight | Get Alert |
| 05/02/2022 | Buy Now | 1233.33% | Mizuho | Wei Fang | $20 → $18 | Maintains | Buy | Get Alert |
| 03/14/2022 | Buy Now | 455.56% | JP Morgan | Andre Chang | → $7.5 | Downgrade | Overweight → Neutral | Get Alert |
| 03/09/2022 | Buy Now | 1196.3% | Credit Suisse | Ashley Xu | $25 → $17.5 | Upgrade | Neutral → Outperform | Get Alert |
| 03/09/2022 | Buy Now | 2025.93% | B of A Securities | Eddie Leung | $35.4 → $28.7 | Maintains | Buy | Get Alert |
| 03/09/2022 | Buy Now | 1381.48% | Mizuho | Wei Fang | $25 → $20 | Maintains | Buy | Get Alert |
| 01/14/2022 | Buy Now | 1751.85% | Mizuho | Wei Fang | → $25 | Initiates | → Buy | Get Alert |
| 09/23/2021 | Buy Now | 2240.74% | Morgan Stanley | — | — | Upgrade | Equal-Weight → Overweight | Get Alert |
| 09/09/2021 | Buy Now | 2862.96% | Keybanc | Hans Chung | — | Maintains | Overweight | Get Alert |
FAQ
What is the target price for Dada Nexus (DADA) stock?
The latest price target for Dada Nexus (NASDAQ:DADA) was reported by Mizuho on May 21, 2024. The analyst firm set a price target for $5.00 expecting DADA to rise to within 12 months (a possible 270.37% upside). 9 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 Mizuho, and Dada Nexus maintained their buy 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 May 21, 2024 so you should expect the next rating to be made available sometime around May 21, 2025.
Is the Analyst Rating Dada Nexus (DADA) correct?
While ratings are subjective and will change, the latest Dada Nexus (DADA) rating was a maintained with a price target of $6.00 to $5.00. The current price Dada Nexus (DADA) is trading at is $1.35, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.