Stock Price Prediction

DAO stock closed at $8.05 on January 31, 2025, with a 3.34% gain during regular trading hours and a current price of $8.24. Bulls view the stock positively due to its recent operational profitability and revenue growth of 2.2% year-over-year, signaling a turnaround. With momentum building, a short-term target of $8.50 is plausible if the trend sustains.

DAO stock closed at $8.05 on January 31, 2025, with a 3.34% gain during regular trading hours. Bears might argue that despite a slight revenue increase of 2.2% year-over-year to $224.1 million, the gross margin dropped significantly by 570 basis points to 50.2%, reflecting operational inefficiencies. Additionally, the stock's recent rally to $8.24 in after-hours trading could face resistance due to broader concerns about the Chinese market and potential macroeconomic headwinds.

The market consensus for DAO's revenue in the upcoming quarter is projected to be approximately $1.381B CNY.