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Dada Nexus Analyst Ratings and Price Targets | NASDAQ:DADA | Benzinga
Dada Nexus Ltd has a consensus price target of $5.68 based on the ratings of 10 analysts. The high is $18 issued by JP Morgan on January 11, 2023. 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 32.97% upside for Dada Nexus Ltd from these most-recent analyst ratings.
Analyst Firms Making Recommendations1
Citigroup
Mizuho
Goldman Sachs
Jefferies
New Street Research
1calculated from analyst ratings
Analyst Ratings for Dada Nexus
| Buy Now | Get Alert | |||||||
|---|---|---|---|---|---|---|---|---|
| 11/15/2024 | Buy Now | 2.43% | Citigroup | Alicia Yap61% | $2 → $1.9 | Maintains | Neutral | Get Alert |
| 11/12/2024 | Buy Now | 115.63% | Mizuho | James Lee79% | $4.5 → $4 | Maintains | Outperform | Get Alert |
| 08/21/2024 | Buy Now | -19.14% | Citigroup | Alicia Yap61% | $1 → $1.5 | Upgrade | Sell → Neutral | Get Alert |
| 05/21/2024 | Buy Now | 169.54% | Mizuho | James Lee79% | $6 → $5 | Maintains | Buy | Get Alert |
| 04/25/2024 | Buy Now | 13.21% | Goldman Sachs | Ronald Keung41% | → $2.1 | Reinstates | → Neutral | Get Alert |
| 03/11/2024 | Buy Now | 56.33% | Jefferies | Thomas Chong60% | $8.6 → $2.9 | Maintains | Buy | Get Alert |
| 03/06/2024 | Buy Now | 7.82% | New Street Research | Jin Yoon27% | → $2 | Downgrade | Buy → Neutral | Get Alert |
| 02/20/2024 | Buy Now | 88.68% | Daiwa Capital | Robin Leung24% | → $3.5 | Upgrade | Neutral → Buy | Get Alert |
| 01/17/2024 | Buy Now | 223.45% | Mizuho | James Lee79% | $7 → $6 | Maintains | Buy | Get Alert |
| 11/17/2023 | Buy Now | 147.98% | CLSA | Leo You34% | → $4.6 | Initiates | → Outperform | Get Alert |
| 10/25/2023 | Buy Now | 444.47% | Goldman Sachs | Ronald Keung41% | $11.6 → $10.1 | Maintains | Buy | Get Alert |
| 10/19/2023 | Buy Now | 157.68% | Morgan Stanley | Qianlei Fan1% | $12.3 → $4.78 | Downgrade | Overweight → Equal-Weight | Get Alert |
| 05/12/2023 | Buy Now | 492.99% | Citigroup | Alicia Yap61% | $12.5 → $11 | Maintains | Buy | Get Alert |
| 05/09/2023 | Buy Now | 600.81% | Mizuho | Wei Fang60% | $16 → $13 | Maintains | Buy | Get Alert |
| 01/11/2023 | Buy Now | 870.35% | JP Morgan | Andre Chang43% | $7.5 → $18 | Maintains | Overweight | Get Alert |
| 05/17/2022 | Buy Now | 789.49% | Mizuho | Wei Fang60% | $18 → $16.5 | Maintains | Buy | Get Alert |
| 05/16/2022 | Buy Now | 439.08% | JP Morgan | Andre Chang43% | $7.5 → $10 | Upgrade | Neutral → Overweight | Get Alert |
| 05/02/2022 | Buy Now | 870.35% | Mizuho | Wei Fang60% | $20 → $18 | Maintains | Buy | 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 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 2.43% upside). 5 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 Citigroup, and Dada Nexus maintained their neutral rating.
When was the last upgrade for Dada Nexus (DADA)?
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.
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 November 15, 2024 so you should expect the next rating to be made available sometime around November 15, 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 $2.00 to $1.90. The current price Dada Nexus (DADA) is trading at is $1.86, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.