| Date | Upside/Downside | Analyst Firm | Price Target Change | Rating Change | Previous / Current Rating |
|---|---|---|---|---|---|
| 10/19/2023 | 23.51% | Morgan Stanley | $12.3 → $4.78 | Downgrades | Overweight → Equal-Weight |
| 05/12/2023 | 184.24% | Citigroup | $12.5 → $11 | Maintains | Buy |
| 05/09/2023 | 235.92% | Mizuho | $16 → $13 | Maintains | Buy |
| 01/11/2023 | 365.12% | JP Morgan | $7.5 → $18 | Maintains | Overweight |
| 05/17/2022 | 326.36% | Mizuho | $18 → $16.5 | Maintains | Buy |
| 05/16/2022 | 158.4% | JP Morgan | $7.5 → $10 | Upgrades | Neutral → Overweight |
| 05/02/2022 | 365.12% | Mizuho | $20 → $18 | Maintains | Buy |
| 03/14/2022 | 93.8% | JP Morgan | → $7.5 | Downgrades | Overweight → Neutral |
| 03/09/2022 | 352.2% | Credit Suisse | $25 → $17.5 | Upgrades | Neutral → Outperform |
| 03/09/2022 | 641.6% | B of A Securities | $35.4 → $28.7 | Maintains | Buy |
| 03/09/2022 | 416.8% | Mizuho | $25 → $20 | Maintains | Buy |
| 01/14/2022 | 545.99% | Mizuho | → $25 | Initiates Coverage On | → Buy |
| 09/23/2021 | 716.54% | Morgan Stanley | $35 → $31.6 | Upgrades | Equal-Weight → Overweight |
| 09/09/2021 | 933.59% | Keybanc | $47 → $40 | Maintains | Overweight |
| 05/04/2021 | 830.23% | Citigroup | → $36 | Initiates Coverage On | → Buy |
| 03/10/2021 | 1114.47% | Keybanc | $55 → $47 | Maintains | Overweight |
| 01/08/2021 | 1321.19% | KeyBanc | → $55 | Initiates Coverage On | → Overweight |
| 01/07/2021 | 1321.19% | KeyBanc | → $55 | Initiates Coverage On | → Overweight |
| 12/08/2020 | 959.43% | Morgan Stanley | → $41 | Downgrades | Overweight → Equal-Weight |
What is the target price for Dada Nexus (DADA)?
The latest price target for Dada Nexus (NASDAQ: DADA) was reported by Morgan Stanley on October 19, 2023. The analyst firm set a price target for $4.78 expecting DADA to rise to within 12 months (a possible 23.51% upside). 4 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 Morgan Stanley, and Dada Nexus downgraded their equal-weight rating.
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 October 19, 2023 so you should expect the next rating to be made available sometime around October 19, 2024.
Is the Analyst Rating Dada Nexus (DADA) correct?
While ratings are subjective and will change, the latest Dada Nexus (DADA) rating was a downgraded with a price target of $12.30 to $4.78. The current price Dada Nexus (DADA) is trading at is $3.87, which is out of the analyst's predicted range.