Dada Nexus Ltd has a consensus price target of $8.58 based on the ratings of 12 analysts. The high is $28.7 issued by B of A Securities on March 9, 2022. The low is $1.9 issued by Citigroup on November 15, 2024. The 3 most-recent analyst ratings were released by Citigroup, Mizuho, and Citigroup on November 15, 2024, November 12, 2024, and August 21, 2024, respectively. With an average price target of $2.47 between Citigroup, Mizuho, and Citigroup, there's an implied 74.94% upside for Dada Nexus Ltd from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Dada Nexus (NASDAQ:DADA) was reported by Citigroup on November 15, 2024. The analyst firm set a price target for $1.90 expecting DADA to rise to within 12 months (a possible 34.75% upside). 9 analyst firms have reported ratings in the last year.
The latest analyst rating for Dada Nexus (NASDAQ:DADA) was provided by Citigroup, and Dada Nexus maintained their neutral rating.
The last upgrade for Dada Nexus Ltd happened on August 21, 2024 when Citigroup raised their price target to $1.5. Citigroup previously had a sell for Dada Nexus Ltd.
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.
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 November 15, 2024 so you should expect the next rating to be made available sometime around November 15, 2025.
While ratings are subjective and will change, the latest Dada Nexus (DADA) rating was a maintained with a price target of $2.00 to $1.90. The current price Dada Nexus (DADA) is trading at is $1.41, which is out of the analyst’s predicted range.
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