JD.com (NASDAQ:JD – Get Free Report) had its target price hoisted by stock analysts at Susquehanna from $30.00 to $35.00 in a report released on Thursday, Marketbeat Ratings reports. The brokerage presently has a “neutral” rating on the information services provider’s stock. Susquehanna’s target price suggests a potential upside of 9.34% from the stock’s current price.
Other analysts have also recently issued reports about the company. Bank of America reaffirmed a “buy” rating and set a $33.00 price objective on shares of JD.com in a report on Thursday, March 5th. Nomura upped their price objective on JD.com from $37.00 to $40.00 and gave the stock a “buy” rating in a report on Monday, March 9th. Citigroup boosted their target price on JD.com from $35.00 to $36.00 and gave the company a “buy” rating in a research report on Tuesday, April 14th. UBS Group reissued a “buy” rating on shares of JD.com in a research report on Friday, March 6th. Finally, Arete Research set a $37.00 target price on JD.com in a research report on Friday, April 17th. Ten analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $38.77.
Read Our Latest Stock Report on JD.com
JD.com Stock Down 2.6%
JD.com (NASDAQ:JD – Get Free Report) last issued its quarterly earnings data on Tuesday, March 31st. The information services provider reported $0.37 earnings per share (EPS) for the quarter. The business had revenue of $45.79 billion for the quarter. JD.com had a return on equity of 5.90% and a net margin of 1.04%. As a group, equities analysts expect that JD.com will post 2.66 earnings per share for the current fiscal year.
Institutional Trading of JD.com
Institutional investors have recently added to or reduced their stakes in the company. Aurora Investment Managers LLC. grew its position in JD.com by 24.6% in the 3rd quarter. Aurora Investment Managers LLC. now owns 269,504 shares of the information services provider’s stock valued at $9,427,000 after acquiring an additional 53,223 shares during the last quarter. Patient Capital Management LLC grew its position in JD.com by 6.8% in the 3rd quarter. Patient Capital Management LLC now owns 842,937 shares of the information services provider’s stock valued at $29,486,000 after acquiring an additional 53,810 shares during the last quarter. Todd Asset Management LLC grew its position in JD.com by 8.3% in the 3rd quarter. Todd Asset Management LLC now owns 1,116,629 shares of the information services provider’s stock valued at $39,060,000 after acquiring an additional 85,331 shares during the last quarter. Nan Fung Trinity HK Ltd. bought a new position in JD.com in the 3rd quarter valued at $16,815,000. Finally, Y Intercept Hong Kong Ltd bought a new position in JD.com in the 3rd quarter valued at $22,096,000. Institutional investors own 15.98% of the company’s stock.
JD.com News Roundup
Here are the key news stories impacting JD.com this week:
- Positive Sentiment: Nomura raised its price target on JD.com to $41 from $40 and reiterated a Buy rating, signaling confidence in further upside from current levels. Nomura Adjusts JD.com Price Target
- Positive Sentiment: Multiple analysts, including Susquehanna and Morgan Stanley, issued constructive outlooks on JD.com, adding to the bullish tone around the name. Susquehanna Issues Positive Forecast for JD.com
- Positive Sentiment: JD.com was included among Chinese firms cleared by the U.S. to buy Nvidia H200 AI chips, which could be a long-term positive if transactions eventually move forward. Market Chatter: Alibaba, JD.com Among Chinese Firms Cleared by US to Buy Nvidia H200 AI Chips But Deals Stall
- Positive Sentiment: JD.com benefited from better-than-expected first-quarter results, with analysts pointing to a possible earnings inflection and improving profitability. JD.Com Analyst Raises Estimates On Recovering Profitability, Earnings Inflection
- Neutral Sentiment: The Trump-Xi summit ended with few major breakthroughs, but the lack of escalation in U.S.-China trade tensions was seen as a near-term support for Chinese stocks overall. Trump-Xi Summit Ends With Few Breakthroughs. Chinese Stocks Emerge the Winner.
- Negative Sentiment: Despite the positive headlines, Chinese stocks have shown some weakness as investors took profits after rallying into the Trump-Xi meeting, which may be weighing on JD.com’s shares today. Why are Chinese stocks falling as Trump meets Xi in Beijing?
About JD.com
JD.com is a major Chinese e-commerce company that operates a comprehensive online retail platform selling a wide range of consumer goods, including electronics, appliances, apparel, groceries and everyday household items. The company combines direct retailing—purchasing inventory and selling products itself—with a marketplace for third-party merchants, offering consumers both self-operated and third-party choices. In addition to its core retail business, JD.com has expanded into adjacent services such as digital marketplaces for cross-border commerce, online pharmacy and healthcare services, and enterprise-facing cloud and technology solutions.
A distinctive feature of JD.com’s business model is its integrated logistics and fulfillment network.
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