Susquehanna Reiterates Neutral Rating on JD.com, Inc (JD)

Citi Reiterates Buy Rating on JD.com, Inc (JD)

Citi analyst Alicia Yap reiterated a Buy rating and $41.00 price target on JD.com, Inc (NASDAQ: JD).

The analyst comments "We view todays news regarding Walmart exiting JD.com 9.4% stake as a surprise and >10% share price decline likely have reflected the unexpected
news. Per Reuters... More

This China stock is 'too cheap to ignore': JPMorgan

One of China's leading e-commerce platforms has caught the attention of JPMorgan analysts, who believe the stock is currently undervalued and poised for a significant rebound.

In their note to clients, JPMorgan upgraded JD.com (NASDAQ: JD) to Overweight and set a new price target of $36 per share (or HK$140) up from $33, indicating more than 30% potential upside for the stock.

The... More

JD.Com (H-Shares) (9618:HK) (JD) PT Lowered to HK$125 at Bernstein SocGen Group

Bernstein SocGen Group analyst Robin Zhu lowered the price target on JD.Com (H-Shares) (9618:HK) (NASDAQ: JD) to HK$125.00 (from HK$140.00) while maintaining a Market Perform rating.... More

JPMorgan Upgrades JD.com, Inc (JD) to Overweight, 'Too cheap to ignore'

JPMorgan analyst Andre Chang upgraded JD.com, Inc (NASDAQ: JD) from Neutral to Overweight with a price target of $36.00 (from $33.00).

The analyst comments "We believe JDs strategy adjustment and valuation have reached an inflection point for the stock to outperform in the next 6-12 months, leading us to upgrade it to OW with a new Jun-25 PT of US$36 on 8x 2025E P/E, suggesting 30%+ potential upside. Upside catalysts will... More

JD.com, Inc (JD) PT Lowered to $47 at Benchmark

(Updated - August 16, 2024 7:27 AM EDT)

Benchmark analyst Fawn Jiang lowered the price target on JD.com, Inc (NASDAQ: JD) to $47.00 (from $55.00) while maintaining a Buy rating.

The analyst commented: "Concerns on growth slowdown were well telegraphed heading into JD 2Q earnings.... More

JD.Com (H-Shares) (9618:HK) (JD) PT Raised to HK$155 at Macquarie

Macquarie analyst Ellie Jiang raised the price target on JD.Com (H-Shares) (9618:HK) (NASDAQ: JD) to HK$155.00 (from HK$145.00) while maintaining a Outperform rating.... More

JD.com, Inc (JD) PT Lowered to $32 at Bernstein SocGen Group

Bernstein SocGen Group analyst Robin Zhu lowered the price target on JD.com, Inc (NASDAQ: JD) to $32.00 (from $35.00) while maintaining a Market Perform rating.

The analyst comments "Q2 core profits a small beat. JDs Q2 results showed revenue (RMB291bn, +1.2% year on... More

Asian stocks rise tracking Wall St rally as recession fears ease

Investing.com-- Most Asian stocks surged on Friday, tracking an overnight rally on Wall Street as strong U.S. economic data helped quell fears of a recession, while bets on interest rate cuts still remained in play. 

Wall Street indexes rose sharply on Thursday after strong retail sales data boosted optimism over the U.S. economy. Softer inflation data from earlier in the week also kept traders pricing in a 25 basis point rate cut in September.

U.S. stock index futures rose in Asian trade. 

JD.com shares set to rise 6.5% after earnings beat forecasts

HONG KONG (Reuters) - The Hong Kong-listed shares of Chinese e-commerce group JD.com were set to jump 6.5% on Friday after it reported forecast-beating quarterly profits, helped by price cuts that lured cost-conscious consumers to its platform.

JD.com's Hong Kong shares were set to open at HK$105.80.

JD.com, Inc (JD) PT Raised to $43 at Jefferies

Jefferies analyst Thomas Chong raised the price target on JD.com, Inc (NASDAQ: JD) to $43.00 (from $41.00) while maintaining a Buy rating.

The analyst comments "JD reported 2Q results with revenue coming inline and non-GAAP earnings exceeding expectations. During conference call, management highlighted solid... More

Midday movers: Walmart, Cisco, Deere, Ulta Beauty rise; Alibaba falls

(Updated - August 15, 2024 11:24 AM EDT)

Investing.com -- U.S. stock futures traded higher Thursday after strong retail sales data eased fears of a slowdown in the economy, while investors remained optimistic of the possibility of an interest rate cut in September.

Here are some of the biggest U.S. stock movers today:

Walmart (NYSE: WMT) stock rose 6.6% after the retail behemoth reported... More

Citi Reiterates Buy Rating on JD.com, Inc (JD)

Citi analyst Alicia Yap reiterated a Buy rating and $42.00 price target on JD.com, Inc (NASDAQ: JD).

The analyst comments "2Q24 total revenues of Rmb291.4bn, +1.2% yoy, slightly beat our/consensus estimates of Rmb290.3bn/Rmb290.5bn by 0.4%/0.3%. Non-GAAP NP reached Rmb14.5bn (5.0%... More

JD.com reports Q2 earnings ahead of estimates, margins growth; shares rise

Shares in JD.com (NASDAQ: JD) rose more than 3% in premarket trading Thursday after the Chinese e-commerce firm reported better-than-expected earnings for the fiscal Q2 2024.

Earnings per share (EPS) for the quarter came in at RMB9.36, surpassing analyst expectations of RMB6.24. Revenue... More

JD.com (JD) Tops Q2 EPS by 312c

JD.com (NASDAQ: JD) reported Q2 EPS of RMB9.36, RMB3.12 better than the analyst estimate of RMB6.24. Revenue for the quarter came in at RMB291.4 billion versus the consensus estimate of RMB291.47 billion.

For earnings history and earnings-related data on JD.com (JD) click here.