JD.com Announces Fourth Quarter and Full Year 2023 Results, Annual DividendĀ and Share Repurchase Program

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JD.com, Inc (JD) PT Raised to $39 at HSBC, 'Increased visibility in growth outlook'

March 7, 2024 6:56 AM EST

HSBC analyst Charlene Liu raised the price target on JD.com, Inc (NASDAQ: JD) to $39.00 (from $38.00) while maintaining a Buy rating.

The analyst comments "Increased visibility in growth outlook: 4Q23 product sales came in better than expected, hence we become more confident that JD can meet our expectations to deliver high single... More

JD.com, Inc (JD) PT Raised to $28 at JPMorgan

March 7, 2024 5:37 AM EST

JPMorgan analyst Andre Chang raised the price target on JD.com, Inc (NASDAQ: JD) to $28.00 (from $25.00) while maintaining a Neutral rating.

The analyst comments "We believe JDs solid 4Q23 result and 2024 guidance suggest two incremental positives: 1) that the downside risk to 2024... More

JD.com, Inc (JD) PT Raised to $33 at Mizuho

March 6, 2024 4:36 PM EST

Mizuho analyst James Lee raised the price target on JD.com, Inc (NASDAQ: JD) to $33.00 (from $32.00) while maintaining a Buy rating.

The analyst comments "The quarter illustrated the first positive progress of price matching and expanded selections to low-priced, white label... More

JD.com (JD) stock gains premarket on earnings, revenue beat

March 6, 2024 7:24 AM EST

JD.com (NASDAQ: JD), a leading Chinese e-commerce company, reported a significant beat on its fourth-quarter earnings and revenue, surpassing analyst expectations. The company announced adjusted earnings per share (EPS) of RMB5.30, which was RMB0.79 higher than the analyst estimate of RMB4.51. Revenue for the quarter was RMB306.1 billion, also topping the consensus estimate of RMB299.7 billion. This represents a 3.6% increase from the fourth quarter of 2022, indicating a steady growth trajectory for the company.

The earnings report was accompanied... More

JD.com (JD) Tops Q4 EPS by RMB0.79; Announces $3B Buyback

March 6, 2024 5:39 AM EST

JD.com (NASDAQ: JD) reported Q4 EPS of RMB5.30, RMB0.79 better than the analyst estimate of RMB4.51. Revenue for the quarter came in at RMB306.1 billion versus the consensus estimate of RMB299.7 billion.

The company also announced the adoption of a new share... More