On October 21, 2026, JD.com Inc JD shares fell 3.6% to a current price of $25.79. This price is within a 52-week range of $24.51 to $35.06, reflecting a challenging year for the stock.
GF Value™ verdict: Current price is $25.79, which is 34.5% below the GF Value™ estimate of $39.36.GF Score™ of 74/100 indicates the stock is above average based on various performance metrics.Notable signal: There have been no insider transactions in the past 12 months, suggesting a stable insider ownership environment.Is JD Overvalued or Undervalued?JD.com Inc has a GF Value™ of $39.36, indicating that the stock is significantly undervalued at its current price of $25.79. This represents a margin of safety of 34.5%, suggesting that there is room for appreciation as the market corrects itself towards intrinsic value. GF Value™ is GuruFocus' proprietary estimate of a company's fair value, derived from an analysis of historical trading multiples, growth trajectories, and future performance expectations. With a GF Valuation label indicating the stock is "Significantly Undervalued," investors might see this as an opportunity, although they should remain cautious of market volatility and economic factors that could influence performance.
How Does JD's Valuation Compare to Its History?MetricCurrentHistoricalP/E (TTM)17.4x13.9xForward P/E6.2xN/ACurrently, JD.com Inc's P/E (TTM) of 17.4x is 25% above its 5-year median P/E of 13.9x. This indicates that the stock is trading higher than its historical valuation, which could suggest overvaluation. However, the forward P/E of 6.2x presents a stark contrast, which may align more closely with the GF Value™ verdict of undervaluation. Thus, the P/E analysis suggests that while the current metric appears elevated, future earnings potential may provide a more favorable view.
What Does JD's GF Score™ Tell Us?The GF Score™ evaluates a stock's performance across multiple dimensions including financial strength, profitability, growth, valuation, and momentum. JD.com Inc's score of 74/100 indicates above-average performance, with its strongest sub-ranks in valuation and growth, while momentum ranks low.
MetricRatingGF Score™74Financial Strength6/10Profitability6/10Growth7/10Valuation8/10Momentum2/10JD's GF Score™ highlights a well-rounded profile with strengths in valuation and growth. However, the low momentum rank indicates that the stock has faced challenges in gaining upward traction over the recent months. This combination suggests potential for recovery, but emphasizes the need for careful monitoring of market trends and performance metrics.
What Are Gurus and Insiders Doing with JD?Currently, 11 gurus hold JD.com Inc shares, with 4 adding to their positions and 7 trimming their holdings in recent quarters. This mixed activity suggests a cautious approach among institutional investors, indicating some confidence in the stock while others may be reassessing their exposure.
Interestingly, there have been no insider transactions in the past 12 months. This stability may suggest that insiders are confident in the long-term prospects of the company or are awaiting clearer indicators of performance before making moves. The absence of buying could also imply a wait-and-see approach in the current market environment.
What This Means for InvestorsBased on the analysis of the GF Value™, JD.com Inc appears undervalued at its current price of $25.79, presenting an opportunity for potential upside as the market may correct towards the estimated intrinsic value of $39.36. However, investors should remain vigilant about market volatility and the factors impacting the company's performance. For further insights and detailed metrics, visit the JD.com Inc JD stock page to explore more about its valuation and performance.
Frequently Asked QuestionsWhat is JD's GF Score™?
JD.com Inc has a GF Score™ of 74/100, indicating above-average performance across various metrics, which suggests a solid investment profile.
Is JD overvalued or undervalued?
JD.com Inc is considered undervalued based on the GF Value™ estimate of $39.36, which reflects a significant margin of safety at the current price of $25.79.
What is JD's P/E ratio?
JD's P/E (TTM) is 17.4x, which is 25% above its 5-year median of 13.9x, indicating that the stock is trading at a higher valuation compared to its historical levels.
This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to [email protected].
In the latest trading session, JD.com, Inc. (JD - Free Report) closed at $25.79, marking a -3.62% move from the previous day. The stock's change was less than the S&P 500's daily gain of 0.58%. Elsewhere, the Dow saw an upswing of 0.69%, while the tech-heavy Nasdaq appreciated by 1.05%.
Shares of the company have depreciated by 2.26% over the course of the past month, underperforming the Retail-Wholesale sector's gain of 4.75%, and the S&P 500's gain of 0.97%.
Market participants will be closely following the financial results of JD.com, Inc. in its upcoming release. It is anticipated that the company will report an EPS of $1.05, marking a 101.92% rise compared to the same quarter of the previous year. Alongside, our most recent consensus estimate is anticipating revenue of $46.27 billion, indicating a 10.15% upward movement from the same quarter last year.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $3.25 per share and revenue of $201.84 billion, indicating changes of +27.45% and +9.9%, respectively, compared to the previous year.
Investors should also pay attention to any latest changes in analyst estimates for JD.com, Inc. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 2.85% decrease. JD.com, Inc. currently has a Zacks Rank of #3 (Hold).
Investors should also note JD.com, Inc.'s current valuation metrics, including its Forward P/E ratio of 8.23. This indicates a discount in contrast to its industry's Forward P/E of 15.64.
The Internet - Commerce industry is part of the Retail-Wholesale sector. With its current Zacks Industry Rank of 162, this industry ranks in the bottom 35% of all industries, numbering over 250.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.
China's biggest artificial intelligence spender is leading a sharp retreat in U.S.-listed Chinese internet stocks even as American large caps push higher, raising questions about whether heavy cloud spending is becoming a liability rather than an advantage.
Selling in U.S.-listed Chinese internet stocks is landing hardest on the group’s biggest artificial intelligence spender, even as American large caps edge higher. Alibaba Group (NYSE:BABA | BABA Price Prediction) shares are down 5% to $103.67 in morning trading, a slide that puts the e-commerce and cloud giant at the front of the China tech retreat.
Meanwhile, JD.com (NASDAQ:JD) stock is down 4% to $25.65, a decline that trails the drop in Alibaba stock by a narrow margin. PDD Holdings (NASDAQ:PDD) shares are down 4% to $78.21, a move that lands in step with JD.com. That tight cluster among Alibaba, JD.com and PDD shares stands out while American buyers are otherwise buying into equities.
Among funds, the KraneShares CSI China Internet ETF (NYSEARCA:KWEB) is down 3% to $23.53. Meanwhile, the SPDR S&P 500 ETF Trust (NYSEARCA:SPY) is up 0.5% to $772.84. Thus, U.S. large-caps are holding up better than the KWEB ETF, BABA stock, JD stock, and PDD stock today.
Fund and Peer Figures Point to Group-Wide Selling Alibaba, JD.com and PDD shares are falling by similar amounts alongside the China internet fund while the S&P 500 tracker is higher. That pattern shows the selling spread across U.S.-listed Chinese internet stocks as a group, with the pressure landing on marketplace, direct retail and discount commerce models alike.
NVIDIA (NASDAQ:NVDA) is the chip supplier at the center of a Reuters report published in the prior session. Citing two people familiar with the matter, Reuters said ByteDance, Alibaba and Tencent had placed large orders. The focus was an NVIDIA workstation chip that can still be sold to Chinese buyers under U.S. export limits. The news service also reported that NVIDIA may be able to fill only a small share of those orders. That leaves open whether the story bears on Alibaba’s heavy artificial intelligence spending.
Alibaba’s AI Spending Sets It Apart From JD.com and PDD Alibaba pairs its e-commerce marketplaces with a cloud computing business that is spending heavily on artificial intelligence, and that combination gives Alibaba a larger cloud and artificial intelligence operation than JD.com or PDD runs, with Alibaba stock still falling hardest. This gap between business profile and share-price direction sets the decline apart.
JD.com runs a direct retail model with its own logistics network, which gives the company control over delivery while linking it closely to Chinese consumer demand, and PDD operates discount marketplaces that include Temu, a structure that extends its reach abroad and adds sensitivity to global trade policy. Shares of JD.com and PDD are falling by nearly identical amounts, which shows the selloff reaching business models far removed from Alibaba’s cloud ambitions.
Alibaba’s Cloud Results Are the Next Test Alibaba will soon find out whether its artificial intelligence investment shows up in its cloud results. Alibaba’s cloud business carries the burden of proving that heavy spending builds something durable. For NVIDIA, the open variable is how much of the reported Chinese demand it can actually fill.
Traders can watch for whether the KraneShares KWEB fund holds its ground as the selling plays out. Gains in the SPDR S&P 500 ETF Trust suggest that buyers favor American large caps today, leaving the weakness concentrated in Chinese internet stocks.
Shares of Alibaba, JD.com and PDD are trading as a single block in this decline, which gives company-specific strengths little room to surface in the stocks. Given that group-wide pressure, investors may choose to trim their share holdings.
Contact [email protected] for any questions or corrections.
U.S. Vice President JD Vance declined to endorse Israeli Prime Minister Benjamin Netanyahu, after President Donald Trump offered his backing for the leader's reelection bid next week.
"The president has the most effective endorsement in American or international political history," Vance said in an interview on Mark Halperin's 2WAY Tonight published Monday. "I endorse American candidates, and that's where I'm focused on in the midterms," he said.
Vance said he was not criticizing Netanyahu: "I'm not anti-endorsing him. I'm not pro-endorsing him," he said, adding that "I'm not getting involved in Israeli elections."
Those remarks diverge from the approach by President Donald Trump, who gave the Israeli prime minister his backing in the election next week.
Trump on Sunday praised Netanyahu, the country's longest-serving prime minister, on Truth Social as "a Great Warrior Prime Minister, and an even greater Partner for Peace in combating the Islamic Republic of Iran." In a social media post, Netanyahu thanked Trump for his "tremendous support and work together."
Vance has weighed in on foreign politics before. He campaigned in Budapest in April to publicly endorse then-Prime Minister Viktor Orban's reelection bid. Orban was later voted out after 16 years in power. Last year in Munich for a security conference, Vance met Alice Weidel, the leader of Germany's far-right Alternative for Germany party, which Elon Musk was also boosting at the time.
The Israeli vote next week will be the first national election since Hamas attacked Israel in late 2023.
The comments also come as U.S. public support for Israel, historically strong among both Republicans and Democrats, has fallen sharply. There has also been vigorous debate in America about the Netanyahu-led government's response to the Hamas attack.
In June, Vance said that Israel has almost no friends left in the world and should think hard before turning on the one it has.
JD.com, Inc. (JD - Free Report) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.
Shares of this company have returned +0.3% over the past month versus the Zacks S&P 500 composite's +1.5% change. The Zacks Internet - Commerce industry, to which JD.com belongs, has gained 0.6% over this period. Now the key question is: Where could the stock be headed in the near term?
Although media reports or rumors about a significant change in a company's business prospects usually cause its stock to trend and lead to an immediate price change, there are always certain fundamental factors that ultimately drive the buy-and-hold decision.
Revisions to Earnings EstimatesRather than focusing on anything else, we at Zacks prioritize evaluating the change in a company's earnings projection. This is because we believe the fair value for its stock is determined by the present value of its future stream of earnings.
Our analysis is essentially based on how sell-side analysts covering the stock are revising their earnings estimates to take the latest business trends into account. When earnings estimates for a company go up, the fair value for its stock goes up as well. And when a stock's fair value is higher than its current market price, investors tend to buy the stock, resulting in its price moving upward. Because of this, empirical studies indicate a strong correlation between trends in earnings estimate revisions and short-term stock price movements.
JD.com is expected to post earnings of $1.05 per share for the current quarter, representing a year-over-year change of +101.9%. Over the last 30 days, the Zacks Consensus Estimate has changed -4.4%.
The consensus earnings estimate of $3.25 for the current fiscal year indicates a year-over-year change of +27.5%. This estimate has changed -2.9% over the last 30 days.
For the next fiscal year, the consensus earnings estimate of $3.8 indicates a change of +16.9% from what JD.com is expected to report a year ago. Over the past month, the estimate has changed -2.8%.
Having a strong externally audited track record, our proprietary stock rating tool, the Zacks Rank, offers a more conclusive picture of a stock's price direction in the near term, since it effectively harnesses the power of earnings estimate revisions. Due to the size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, JD.com is rated Zacks Rank #3 (Hold).
The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:
12 Month EPS
Projected Revenue GrowthWhile earnings growth is arguably the most superior indicator of a company's financial health, nothing happens as such if a business isn't able to grow its revenues. After all, it's nearly impossible for a company to increase its earnings for an extended period without increasing its revenues. So, it's important to know a company's potential revenue growth.
For JD.com, the consensus sales estimate for the current quarter of $46.42 billion indicates a year-over-year change of +10.5%. For the current and next fiscal years, $202.23 billion and $213.06 billion estimates indicate +10.1% and +5.4% changes, respectively.
Last Reported Results and Surprise HistoryJD.com reported revenues of $51.05 billion in the last reported quarter, representing a year-over-year change of +2.5%. EPS of $0.93 for the same period compares with $0.69 a year ago.
Compared to the Zacks Consensus Estimate of $51.55 billion, the reported revenues represent a surprise of -0.96%. The EPS surprise was +8.14%.
The company beat consensus EPS estimates in each of the trailing four quarters. The company topped consensus revenue estimates two times over this period.
ValuationWithout considering a stock's valuation, no investment decision can be efficient. In predicting a stock's future price performance, it's crucial to determine whether its current price correctly reflects the intrinsic value of the underlying business and the company's growth prospects.
Comparing the current value of a company's valuation multiples, such as its price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), to its own historical values helps ascertain whether its stock is fairly valued, overvalued, or undervalued, whereas comparing the company relative to its peers on these parameters gives a good sense of how reasonable its stock price is.
The Zacks Value Style Score (part of the Zacks Style Scores system), which pays close attention to both traditional and unconventional valuation metrics to grade stocks from A to F (an A is better than a B; a B is better than a C; and so on), is pretty helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.
JD.com is graded A on this front, indicating that it is trading at a discount to its peers. Click here to see the values of some of the valuation metrics that have driven this grade.
Bottom LineThe facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about JD.com. However, its Zacks Rank #3 does suggest that it may perform in line with the broader market in the near term.
JD.com, Inc. (JD - Free Report) ended the recent trading session at $27.40, demonstrating a +2.7% change from the preceding day's closing price. This change outpaced the S&P 500's 0.33% gain on the day. At the same time, the Dow added 1.08%, and the tech-heavy Nasdaq gained 0.08%.
Prior to today's trading, shares of the company had lost 0.82% lagged the Retail-Wholesale sector's gain of 0.37% and the S&P 500's gain of 1.41%.
The upcoming earnings release of JD.com, Inc. will be of great interest to investors. It is anticipated that the company will report an EPS of $1.05, marking a 101.92% rise compared to the same quarter of the previous year. Simultaneously, our latest consensus estimate expects the revenue to be $46.42 billion, showing a 10.49% escalation compared to the year-ago quarter.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $3.33 per share and revenue of $202.23 billion, indicating changes of +30.59% and +10.11%, respectively, compared to the previous year.
Investors should also take note of any recent adjustments to analyst estimates for JD.com, Inc. Such recent modifications usually signify the changing landscape of near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, there's been a 0.25% fall in the Zacks Consensus EPS estimate. Right now, JD.com, Inc. possesses a Zacks Rank of #3 (Hold).
Looking at valuation, JD.com, Inc. is presently trading at a Forward P/E ratio of 8.02. This indicates a discount in contrast to its industry's Forward P/E of 15.33.
The Internet - Commerce industry is part of the Retail-Wholesale sector. Currently, this industry holds a Zacks Industry Rank of 166, positioning it in the bottom 33% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors use a variety of methods, including tried-and-true valuation metrics, to find these stocks.
In addition to the Zacks Rank, investors looking for stocks with specific traits can utilize our Style Scores system. Of course, value investors will be most interested in the system's "Value" category. Stocks with "A" grades for Value and high Zacks Ranks are among the best value stocks available at any given moment.
One company value investors might notice is JD.com (JD - Free Report) . JD is currently sporting a Zacks Rank #2 (Buy), as well as a Value grade of A. The stock is trading with P/E ratio of 10.48 right now. For comparison, its industry sports an average P/E of 20.51. JD's Forward P/E has been as high as 11.39 and as low as 6.57, with a median of 8.65, all within the past year.
Another notable valuation metric for JD is its P/B ratio of 1.18. The P/B ratio is used to compare a stock's market value with its book value, which is defined as total assets minus total liabilities. JD's current P/B looks attractive when compared to its industry's average P/B of 3.22. Over the past year, JD's P/B has been as high as 1.76 and as low as 1.02, with a median of 1.30.
Finally, investors will want to recognize that JD has a P/CF ratio of 7.89. This metric focuses on a firm's operating cash flow and is often used to find stocks that are undervalued based on the strength of their cash outlook. This stock's P/CF looks attractive against its industry's average P/CF of 8.85. Over the past 52 weeks, JD's P/CF has been as high as 11.82 and as low as 6.65, with a median of 7.92.
If you're looking for another solid Internet - Commerce value stock, take a look at LY CORPORATION (YAHOY - Free Report) . YAHOY is a Zacks Rank of #2 (Buy) stock with a Value score of A.
Additionally, LY CORPORATION has a P/B ratio of 0.97 while its industry's price-to-book ratio sits at 3.22. For YAHOY, this valuation metric has been as high as 1.31, as low as 0.83, with a median of 0.99 over the past year.
Value investors will likely look at more than just these metrics, but the above data helps show that JD.com and LY CORPORATION are likely undervalued currently. And when considering the strength of its earnings outlook, JD and YAHOY sticks out as one of the market's strongest value stocks.
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
Let's take a look at what these Wall Street heavyweights have to say about JD.com, Inc. (JD - Free Report) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.
JD.com currently has an average brokerage recommendation (ABR) of 1.45, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by 24 brokerage firms. An ABR of 1.45 approximates between Strong Buy and Buy.
Of the 24 recommendations that derive the current ABR, 18 are Strong Buy and two are Buy. Strong Buy and Buy respectively account for 75% and 8.3% of all recommendations.
Brokerage Recommendation Trends for JD
Check price target & stock forecast for JD.com here>>>
While the ABR calls for buying JD.com, it may not be wise to make an investment decision solely based on this information. Several studies have shown limited to no success of brokerage recommendations in guiding investors to pick stocks with the best price increase potential.
Are you wondering why? The vested interest of brokerage firms in a stock they cover often results in a strong positive bias of their analysts in rating it. Our research shows that for every "Strong Sell" recommendation, brokerage firms assign five "Strong Buy" recommendations.
This means that the interests of these institutions are not always aligned with those of retail investors, giving little insight into the direction of a stock's future price movement. It would therefore be best to use this information to validate your own analysis or a tool that has proven to be highly effective at predicting stock price movements.
With an impressive externally audited track record, our proprietary stock rating tool, the Zacks Rank, which classifies stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), is a reliable indicator of a stock's near-term price performance. So, validating the Zacks Rank with ABR could go a long way in making a profitable investment decision.
Zacks Rank Should Not Be Confused With ABRIn spite of the fact that Zacks Rank and ABR both appear on a scale from 1 to 5, they are two completely different measures.
The ABR is calculated solely based on brokerage recommendations and is typically displayed with decimals (example: 1.28). In contrast, the Zacks Rank is a quantitative model allowing investors to harness the power of earnings estimate revisions. It is displayed in whole numbers -- 1 to 5.
It has been and continues to be the case that analysts employed by brokerage firms are overly optimistic with their recommendations. Because of their employers' vested interests, these analysts issue more favorable ratings than their research would support, misguiding investors far more often than helping them.
In contrast, the Zacks Rank is driven by earnings estimate revisions. And near-term stock price movements are strongly correlated with trends in earnings estimate revisions, according to empirical research.
Furthermore, the different grades of the Zacks Rank are applied proportionately across all stocks for which brokerage analysts provide earnings estimates for the current year. In other words, at all times, this tool maintains a balance among the five ranks it assigns.
Another key difference between the ABR and Zacks Rank is freshness. The ABR is not necessarily up-to-date when you look at it. But, since brokerage analysts keep revising their earnings estimates to account for a company's changing business trends, and their actions get reflected in the Zacks Rank quickly enough, it is always timely in indicating future price movements.
Is JD Worth Investing In?In terms of earnings estimate revisions for JD.com, the Zacks Consensus Estimate for the current year has remained unchanged over the past month at $3.34.
Analysts' steady views regarding the company's earnings prospects, as indicated by an unchanged consensus estimate, could be a legitimate reason for the stock to perform in line with the broader market in the near term.
The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #3 (Hold) for JD.com. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
It may therefore be prudent to be a little cautious with the Buy-equivalent ABR for JDcom.
JD.com, Inc. (JD - Free Report) closed the most recent trading day at $27.02, moving +1.94% from the previous trading session. The stock's performance was ahead of the S&P 500's daily loss of 0.22%. On the other hand, the Dow registered a loss of 0.66%, and the technology-centric Nasdaq decreased by 0.22%.
The stock of company has fallen by 4.26% in the past month, lagging the Retail-Wholesale sector's loss of 3.19% and the S&P 500's gain of 1.4%.
The upcoming earnings release of JD.com, Inc. will be of great interest to investors. The company is expected to report EPS of $1.05, up 101.92% from the prior-year quarter. Simultaneously, our latest consensus estimate expects the revenue to be $46.07 billion, showing a 9.66% escalation compared to the year-ago quarter.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $3.34 per share and a revenue of $202.54 billion, indicating changes of +30.98% and +10.28%, respectively, from the former year.
It's also important for investors to be aware of any recent modifications to analyst estimates for JD.com, Inc. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 6.71% higher within the past month. As of now, JD.com, Inc. holds a Zacks Rank of #3 (Hold).
Investors should also note JD.com, Inc.'s current valuation metrics, including its Forward P/E ratio of 7.93. Its industry sports an average Forward P/E of 14.95, so one might conclude that JD.com, Inc. is trading at a discount comparatively.
The Internet - Commerce industry is part of the Retail-Wholesale sector. At present, this industry carries a Zacks Industry Rank of 187, placing it within the bottom 24% of over 250 industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.
JD.com, Inc. (JD - Free Report) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.
Over the past month, shares of this company have returned -8.8%, compared to the Zacks S&P 500 composite's +0.6% change. During this period, the Zacks Internet - Commerce industry, which JD.com falls in, has lost 4.3%. The key question now is: What could be the stock's future direction?
Although media reports or rumors about a significant change in a company's business prospects usually cause its stock to trend and lead to an immediate price change, there are always certain fundamental factors that ultimately drive the buy-and-hold decision.
Revisions to Earnings EstimatesRather than focusing on anything else, we at Zacks prioritize evaluating the change in a company's earnings projection. This is because we believe the fair value for its stock is determined by the present value of its future stream of earnings.
We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends. And if earnings estimates go up for a company, the fair value for its stock goes up. A higher fair value than the current market price drives investors' interest in buying the stock, leading to its price moving higher. This is why empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.
JD.com is expected to post earnings of $1.05 per share for the current quarter, representing a year-over-year change of +101.9%. Over the last 30 days, the Zacks Consensus Estimate has changed +3.8%.
For the current fiscal year, the consensus earnings estimate of $3.34 points to a change of +31% from the prior year. Over the last 30 days, this estimate has changed +6.7%.
For the next fiscal year, the consensus earnings estimate of $3.91 indicates a change of +16.9% from what JD.com is expected to report a year ago. Over the past month, the estimate has changed +0.3%.
With an impressive externally audited track record, our proprietary stock rating tool -- the Zacks Rank -- is a more conclusive indicator of a stock's near-term price performance, as it effectively harnesses the power of earnings estimate revisions. The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #3 (Hold) for JD.com.
The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:
12 Month EPS
Revenue Growth ForecastEven though a company's earnings growth is arguably the best indicator of its financial health, nothing much happens if it cannot raise its revenues. It's almost impossible for a company to grow its earnings without growing its revenue for long periods. Therefore, knowing a company's potential revenue growth is crucial.
For JD.com, the consensus sales estimate for the current quarter of $46.07 billion indicates a year-over-year change of +9.7%. For the current and next fiscal years, $202.54 billion and $213.58 billion estimates indicate +10.3% and +5.5% changes, respectively.
Last Reported Results and Surprise HistoryJD.com reported revenues of $51.05 billion in the last reported quarter, representing a year-over-year change of +2.5%. EPS of $0.93 for the same period compares with $0.69 a year ago.
Compared to the Zacks Consensus Estimate of $51.55 billion, the reported revenues represent a surprise of -0.96%. The EPS surprise was +8.14%.
The company beat consensus EPS estimates in each of the trailing four quarters. The company topped consensus revenue estimates two times over this period.
ValuationNo investment decision can be efficient without considering a stock's valuation. Whether a stock's current price rightly reflects the intrinsic value of the underlying business and the company's growth prospects is an essential determinant of its future price performance.
While comparing the current values of a company's valuation multiples, such as price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), with its own historical values helps determine whether its stock is fairly valued, overvalued, or undervalued, comparing the company relative to its peers on these parameters gives a good sense of the reasonability of the stock's price.
The Zacks Value Style Score (part of the Zacks Style Scores system), which pays close attention to both traditional and unconventional valuation metrics to grade stocks from A to F (an A is better than a B; a B is better than a C; and so on), is pretty helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.
JD.com is graded A on this front, indicating that it is trading at a discount to its peers. Click here to see the values of some of the valuation metrics that have driven this grade.
ConclusionThe facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about JD.com. However, its Zacks Rank #3 does suggest that it may perform in line with the broader market in the near term.
Chinese e-commerce giant JD.com (9618.HK) is set to secure European Union approval for its $2.5 billion bid for German electronics retailer Ceconomy (CECG.DE) after it tweaked its remedies to address regulators' concerns, a person familiar with the matter said.
The European Commission, which is the EU competition enforcer, is investigating the deal under the Foreign Subsidies Regulation that targets unfair foreign state aid.
At issue is whether JD.com received preferential financing, tax incentives and grants from the Chinese government that may have helped it to offer a higher price for Ceconomy.
The company, which in August offered to grant Ceconomy access to its European logistics and technological capabilities at market rates and also to let smaller rivals get access at fair and non-discriminatory rates, has improved its proposal after feedback from customers and rivals, the person said.
The Commission, which will decide on the deal by November 4, Ceconomy and JD.com all declined to comment.
The acquisition would allow one of China's largest retailers to expand outside its home market via Ceconomy-owned electronic products retailers MediaMarkt and Saturn.
Previously overseeing approximately $700 million in assets, family practice Wealth Care LLC brings specialized expertise serving physicians and other healthcare professionals
ATLANTA--(BUSINESS WIRE)--HB Wealth, one of the nation's largest independent, fee-only registered investment advisers, today announced that Steven D. Podnos, MD, MBA, CFP®, Rachel Podnos O'Leary, JD, CFP®, and Lauren Podnos-Garner, CFP®, have joined the firm. Together, the three advisors establish the firm's presence in Austin, Texas, with Rachel and Lauren based in Austin and Steven dividing his time between Austin and Cocoa Beach, Florida.
The trio previously operated Wealth Care LLC, an independent, fee-only registered investment adviser with approximately $700 million in AUM, founded by Steven Podnos in 2002. Before entering wealth management, Steven was a physician specializing in pulmonary and critical care. He continued to practice critical care medicine in the Air Force Reserve until 2023. Steven’s firsthand understanding of the financial complexities physicians face has shaped his specialization in serving physicians and other healthcare professionals.
Together, the father-daughter team integrates comprehensive financial planning and investment management with guidance on tax planning, asset protection, estate planning, and the legal and liability considerations that often accompany medical careers and practices. Beyond their healthcare specialization, the team serves high- and ultra-high-net-worth individuals and families nationwide.
“Joining HB Wealth represents an important next chapter for our clients and our team. It allows us to preserve the independent, fiduciary approach that has always defined our work while expanding the depth of advice and resources we can bring to each relationship,” said Steven Podnos. “Rachel, Lauren, and I have built our practice around understanding the full picture of our clients’ lives, including the distinct challenges physicians and other healthcare professionals face. HB Wealth strengthens our ability to address every aspect of our clients’ financial lives with the same personal attention and unwavering focus on their best interests.”
Leveraging HB Wealth’s sophisticated investment platform, comprehensive planning resources, and family office capabilities, we believe the team is positioned to further elevate the client experience while expanding its physical presence to Texas.
“We’re thrilled to welcome Steven, Rachel, and Lauren, who have built their practice around seeing the complete picture of each client’s life and providing advice that evolves alongside their needs and ambitions,” said Thomas Carroll, CEO at HB Wealth. “Their addition establishes a strong foundation for us in Austin. This team will be pivotal in how we bring a valuable new dimension to the way we serve medical professionals nationwide.”
This addition expands HB Wealth’s national presence, establishing Texas as its seventh market, alongside Georgia, Florida, Maryland, North Carolina, South Carolina, and Tennessee.
Advisor Growth Strategies served as transaction advisor to Wealth Care LLC.
About HB Wealth
Founded in 1989, HB Wealth is a national independent wealth management firm providing fiduciary, fee-only wealth advisory services, investment management, and family office services. As one of the country’s largest fee-only registered investment advisers (RIAs), HB Wealth is headquartered in Atlanta with more than 360 employees operating out of 13 offices across seven states, managing over $33 billion for individuals, families, and institutions as of September 30, 2026. With a mission of bringing unwavering financial peace of mind to the clients we are privileged to serve, HB Wealth delivers comprehensive advice and concierge-level care through a fee-only approach. Think of it as the fiduciary standard, elevated. Learn more at hbwealth.com.
In the latest close session, JD.com, Inc. (JD - Free Report) was up +1.14% at $26.60. This change outpaced the S&P 500's 0.25% loss on the day. At the same time, the Dow lost 0.86%, and the tech-heavy Nasdaq gained 0.24%.
Prior to today's trading, shares of the company had lost 5.73% was narrower than the Retail-Wholesale sector's loss of 6.54% and lagged the S&P 500's loss of 0.42%.
The investment community will be paying close attention to the earnings performance of JD.com, Inc. in its upcoming release. The company is expected to report EPS of $1.05, up 101.92% from the prior-year quarter. In the meantime, our current consensus estimate forecasts the revenue to be $46.07 billion, indicating a 9.66% growth compared to the corresponding quarter of the prior year.
For the full year, the Zacks Consensus Estimates are projecting earnings of $3.34 per share and revenue of $202.54 billion, which would represent changes of +30.98% and +10.28%, respectively, from the prior year.
It is also important to note the recent changes to analyst estimates for JD.com, Inc. Such recent modifications usually signify the changing landscape of near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 6.71% higher within the past month. JD.com, Inc. is currently a Zacks Rank #3 (Hold).
Valuation is also important, so investors should note that JD.com, Inc. has a Forward P/E ratio of 7.87 right now. This signifies a discount in comparison to the average Forward P/E of 15.46 for its industry.
The Internet - Commerce industry is part of the Retail-Wholesale sector. This group has a Zacks Industry Rank of 191, putting it in the bottom 23% of all 250+ industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.
In the latest trading session, JD.com, Inc. (JD - Free Report) closed at $26.75, marking a -1.51% move from the previous day. The stock's change was less than the S&P 500's daily loss of 0.03%. Elsewhere, the Dow saw a downswing of 0.31%, while the tech-heavy Nasdaq appreciated by 0.01%.
Heading into today, shares of the company had lost 5.6% over the past month, lagging the Retail-Wholesale sector's loss of 5.06% and the S&P 500's gain of 0.53%.
Market participants will be closely following the financial results of JD.com, Inc. in its upcoming release. The company's upcoming EPS is projected at $1.05, signifying a 101.92% increase compared to the same quarter of the previous year. Alongside, our most recent consensus estimate is anticipating revenue of $46.07 billion, indicating a 9.66% upward movement from the same quarter last year.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $3.34 per share and revenue of $202.54 billion. These totals would mark changes of +30.98% and +10.28%, respectively, from last year.
Investors might also notice recent changes to analyst estimates for JD.com, Inc. Such recent modifications usually signify the changing landscape of near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 6.71% increase. JD.com, Inc. is currently sporting a Zacks Rank of #3 (Hold).
Investors should also note JD.com, Inc.'s current valuation metrics, including its Forward P/E ratio of 8.13. This valuation marks a discount compared to its industry average Forward P/E of 15.58.
The Internet - Commerce industry is part of the Retail-Wholesale sector. This industry currently has a Zacks Industry Rank of 174, which puts it in the bottom 30% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.
Nykredit A S purchased a new position in shares of JD.com, Inc. (NASDAQ:JD – Free Report) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 20,345 shares of the information services provider’s stock, valued at approximately $518,000.
A number of other institutional investors also recently made changes to their positions in the stock. Root Financial Partners LLC lifted its position in JD.com by 1,020.0% in the fourth quarter. Root Financial Partners LLC now owns 1,120 shares of the information services provider’s stock worth $32,000 after purchasing an additional 1,020 shares during the period. EverSource Wealth Advisors LLC increased its position in shares of JD.com by 52.4% during the 1st quarter. EverSource Wealth Advisors LLC now owns 1,713 shares of the information services provider’s stock valued at $51,000 after purchasing an additional 589 shares during the period. Modus Advisors LLC bought a new stake in shares of JD.com in the 4th quarter worth $53,000. Allworth Financial LP lifted its holdings in shares of JD.com by 24.3% in the fourth quarter. Allworth Financial LP now owns 2,275 shares of the information services provider’s stock valued at $65,000 after buying an additional 445 shares during the period. Finally, Assetmark Inc. lifted its holdings in shares of JD.com by 184.4% in the first quarter. Assetmark Inc. now owns 3,293 shares of the information services provider’s stock valued at $97,000 after buying an additional 2,135 shares during the period. 15.98% of the stock is owned by institutional investors and hedge funds.
JD.com Price Performance NASDAQ JD opened at $27.16 on Thursday. The company has a 50 day simple moving average of $29.49 and a 200-day simple moving average of $29.15. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.14 and a quick ratio of 0.82. The firm has a market capitalization of $33.90 billion, a price-to-earnings ratio of 18.86 and a beta of 0.35. JD.com, Inc. has a 52-week low of $24.51 and a 52-week high of $36.86.
JD.com (NASDAQ:JD – Get Free Report) last announced its quarterly earnings data on Thursday, August 13th. The information services provider reported $0.93 EPS for the quarter, beating analysts’ consensus estimates of $0.86 by $0.07. JD.com had a net margin of 1.13% and a return on equity of 6.78%. The firm had revenue of $50.99 billion for the quarter, compared to the consensus estimate of $50.38 billion. During the same period in the previous year, the firm posted $4.97 earnings per share. The firm’s revenue was down 2.9% on a year-over-year basis. Equities research analysts predict that JD.com, Inc. will post 2.98 earnings per share for the current fiscal year. Analyst Upgrades and Downgrades A number of research analysts recently issued reports on the company. Daiwa Securities Group reaffirmed a “hold” rating and set a $27.00 target price on shares of JD.com in a report on Tuesday, June 23rd. Arete Research set a $30.00 price objective on shares of JD.com and gave the company a “neutral” rating in a research report on Monday, September 7th. Susquehanna lowered their price objective on shares of JD.com from $35.00 to $30.00 and set a “neutral” rating on the stock in a research note on Monday, August 17th. Sanford C. Bernstein reiterated an “outperform” rating on shares of JD.com in a report on Friday, August 14th. Finally, Benchmark restated a “buy” rating on shares of JD.com in a report on Friday, August 14th. Eight analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, JD.com has a consensus rating of “Moderate Buy” and an average target price of $35.25.
Read Our Latest Stock Analysis on JD
JD.com Company Profile (Free Report)
JD.com, Inc (NASDAQ: JD) is a China-based technology and e-commerce company that operates an online retail platform serving consumers and businesses. The company sells a broad range of products, including electronics and appliances, general merchandise, groceries, apparel, household goods, and healthcare products. It offers both products sourced directly from suppliers and merchandise sold by third-party merchants through its marketplace.
Founded by Richard Qiangdong Liu in 1998, JD.com initially focused on selling consumer electronics and launched its online retail business in 2004.
Further Reading Five stocks we like better than JD.com Chips to Bots: Qualcomm’s Agentic AI Breakout Ciena Fell 40%—Now One Analyst Sees 50% Upside Energy Transfer Taps the AI Power Boom Viking’s Obesity Edge May Be Staying Power, Not Weight Loss
Receive News & Ratings for JD.com Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JD.com and related companies with MarketBeat.com's FREE daily email newsletter.
JD.com, Inc. (JD - Free Report) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.
Over the past month, shares of this company have returned -6.6%, compared to the Zacks S&P 500 composite's +1.3% change. During this period, the Zacks Internet - Commerce industry, which JD.com falls in, has lost 1.9%. The key question now is: What could be the stock's future direction?
While media releases or rumors about a substantial change in a company's business prospects usually make its stock 'trending' and lead to an immediate price change, there are always some fundamental facts that eventually dominate the buy-and-hold decision-making.
Revisions to Earnings EstimatesHere at Zacks, we prioritize appraising the change in the projection of a company's future earnings over anything else. That's because we believe the present value of its future stream of earnings is what determines the fair value for its stock.
Our analysis is essentially based on how sell-side analysts covering the stock are revising their earnings estimates to take the latest business trends into account. When earnings estimates for a company go up, the fair value for its stock goes up as well. And when a stock's fair value is higher than its current market price, investors tend to buy the stock, resulting in its price moving upward. Because of this, empirical studies indicate a strong correlation between trends in earnings estimate revisions and short-term stock price movements.
For the current quarter, JD.com is expected to post earnings of $1.05 per share, indicating a change of +101.9% from the year-ago quarter. The Zacks Consensus Estimate has changed +14.3% over the last 30 days.
The consensus earnings estimate of $3.34 for the current fiscal year indicates a year-over-year change of +31%. This estimate has changed +6.7% over the last 30 days.
For the next fiscal year, the consensus earnings estimate of $3.91 indicates a change of +16.9% from what JD.com is expected to report a year ago. Over the past month, the estimate has changed +0.3%.
Having a strong externally audited track record, our proprietary stock rating tool, the Zacks Rank, offers a more conclusive picture of a stock's price direction in the near term, since it effectively harnesses the power of earnings estimate revisions. Due to the size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, JD.com is rated Zacks Rank #3 (Hold).
The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:
12 Month EPS
Revenue Growth ForecastEven though a company's earnings growth is arguably the best indicator of its financial health, nothing much happens if it cannot raise its revenues. It's almost impossible for a company to grow its earnings without growing its revenue for long periods. Therefore, knowing a company's potential revenue growth is crucial.
In the case of JD.com, the consensus sales estimate of $46.07 billion for the current quarter points to a year-over-year change of +9.7%. The $202.54 billion and $213.58 billion estimates for the current and next fiscal years indicate changes of +10.3% and +5.5%, respectively.
Last Reported Results and Surprise HistoryJD.com reported revenues of $51.05 billion in the last reported quarter, representing a year-over-year change of +2.5%. EPS of $0.93 for the same period compares with $0.69 a year ago.
Compared to the Zacks Consensus Estimate of $51.55 billion, the reported revenues represent a surprise of -0.96%. The EPS surprise was +8.14%.
The company beat consensus EPS estimates in each of the trailing four quarters. The company topped consensus revenue estimates two times over this period.
ValuationWithout considering a stock's valuation, no investment decision can be efficient. In predicting a stock's future price performance, it's crucial to determine whether its current price correctly reflects the intrinsic value of the underlying business and the company's growth prospects.
While comparing the current values of a company's valuation multiples, such as price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), with its own historical values helps determine whether its stock is fairly valued, overvalued, or undervalued, comparing the company relative to its peers on these parameters gives a good sense of the reasonability of the stock's price.
The Zacks Value Style Score (part of the Zacks Style Scores system), which pays close attention to both traditional and unconventional valuation metrics to grade stocks from A to F (an A is better than a B; a B is better than a C; and so on), is pretty helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.
JD.com is graded A on this front, indicating that it is trading at a discount to its peers. Click here to see the values of some of the valuation metrics that have driven this grade.
ConclusionThe facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about JD.com. However, its Zacks Rank #3 does suggest that it may perform in line with the broader market in the near term.
Vanity Fair contributing writer Chris Whipple spent six months examining JD Vance's years at Yale Law School, including the influence of professor Amy Chua and previously unreported contacts in which Whipple says Vance offered Hillary Clinton's 2016 campaign advice on defeating Donald Trump. Whipple is on Bloomberg This Weekend and discusses how his reporting traces Vance's evolution from a prominent Trump critic to Trump's vice president, while examining the relationships and experiences that helped shape his political career.
In the latest close session, JD.com, Inc. (JD - Free Report) was up +1.05% at $26.92. The stock outpaced the S&P 500's daily gain of 0.17%. At the same time, the Dow lost 0.18%, and the tech-heavy Nasdaq gained 0.4%.
Prior to today's trading, shares of the company had lost 9.42% lagged the Retail-Wholesale sector's loss of 6.48% and the S&P 500's loss of 1.29%.
The investment community will be paying close attention to the earnings performance of JD.com, Inc. in its upcoming release. On that day, JD.com, Inc. is projected to report earnings of $1.05 per share, which would represent year-over-year growth of 101.92%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $46.07 billion, up 9.66% from the year-ago period.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $3.34 per share and a revenue of $202.54 billion, indicating changes of +30.98% and +10.28%, respectively, from the former year.
Any recent changes to analyst estimates for JD.com, Inc. should also be noted by investors. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 6.71% higher. Right now, JD.com, Inc. possesses a Zacks Rank of #3 (Hold).
With respect to valuation, JD.com, Inc. is currently being traded at a Forward P/E ratio of 7.97. Its industry sports an average Forward P/E of 16.46, so one might conclude that JD.com, Inc. is trading at a discount comparatively.
The Internet - Commerce industry is part of the Retail-Wholesale sector. This industry currently has a Zacks Industry Rank of 168, which puts it in the bottom 32% of all 250+ industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.
China internet names are moving together on Friday while the broader market slips, and the pattern raises a question that matters for anyone holding Alibaba through a brutal year: rotation or head fake?
Shares of Alibaba Group (NYSE:BABA | BABA Price Prediction) are climbing in Friday morning trading, leading a broader lift across U.S.-listed Chinese internet names. Alibaba stock is up 3% to $111.39.
PDD Holdings (NASDAQ:PDD), the Temu parent, is participating in the rotation. PDD stock is up 1% to $78.77. JD.com (NASDAQ:JD) is also higher, with JD.com stock up 0.7% to $26.83.
The framing today runs fund against fund. The KraneShares CSI China Internet ETF (NYSEARCA:KWEB) is up 2%, while the SPDR S&P 500 ETF Trust (NYSEARCA:SPY) is down 0.2%. That split points to positioning specific to China internet rather than a bid on the wider tape.
Interpreting the Move in Alibaba Stock No dated Alibaba announcement explains the session. There isn’t an earnings release, an analyst action, a product or model launch, a partnership or a regulatory decision tied to today’s action. The recent Alibaba newswire flow has been dominated by securities-fraud class-action deadline notices from outside law firms, not operating updates.
That absence matters for how to read the tape. With Alibaba, PDD and JD.com all higher and KWEB outperforming SPY, the pattern reads as a group-level bid across the China internet complex rather than a single-name story. Alibaba is leading because it carries the largest weight and the loudest AI narrative, not because it delivered fresh news.
Alibaba Still Deep in the Red YTD The context around Alibaba’s bounce is a difficult year to date (YTD). Alibaba stock is down 23% YTD, and KWEB is down 27% YTD. A single session of green doesn’t reverse that trend for the group.
Alibaba’s fundamental story has centered on its AI cloud buildout. Fiscal Q1 2027 results reported on August 20, 2026 showed AI Cloud and Compute Services revenue accelerating 45% year over year (YoY), with AI-related product revenue delivering triple-digit growth for the twelfth consecutive quarter. Its capital expenditures rose 75% YoY to $9.97 billion, pressuring near-term cash flow even as the AI narrative strengthens.
What to Watch Traders can watch for whether the China internet bid holds through the close and whether KWEB carries its lead over SPY into next week. If the fund fades intraday, Alibaba’s move would look more like a bounce than the start of a trend change. Shareholders may want to keep an eye on whether follow-through appears in Alibaba, PDD and JD.com without a fresh company catalyst.
The caution on Alibaba is straightforward. A single day of group strength says nothing about whether the year’s downtrend has ended, and Alibaba stock still sits well below where it opened 2026. Investors with exposure to Alibaba should size their positions to survive another leg lower in the group, not just to capture the bounce.
Contact [email protected] for any questions or corrections.
David Moadel
David Moadel is financial writer specializing in stocks, ETFs, options, precious metals, and Bitcoin. David has written well over 1,000 articles for leading online publications, helping investors understand markets, income strategies, and risk.His work has appeared in The Motley Fool, InvestorPlace, U.S. News & World Report, TipRanks, ValueWalk, Benzinga, Market Realist, TalkMarkets, Finmasters, 24/7 Wall St., and others.With a master’s degree in education, David has taught at the elementary, high school, and college levels. That teaching background shapes his writing style: clear, educational, and practical. David has also built a loyal social-media audience by providing trustworthy financial content on YouTube, X/Twitter, and StockTwits.
Analyst’s Disclosure: I/we have a beneficial long position in the shares of BABA, JD, TCEHY either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
Analyst’s Disclosure: I/we have a beneficial long position in the shares of JD either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
JD.com's (9618.HK) concessions to ease EU subsidy concerns about the Chinese e-commerce giant's $2.5 billion purchase of German electronics retailer Ceconomy (CECG.DE) have prompted criticism from competitors, people familiar with the matter told Reuters.
They said the European Commission, which acts as the European Union's competition enforcer, informed JD.com earlier this week of the responses to concessions it offered last month.
The Commission, which will decide on the deal by October 23, and JD.com declined to comment on the negative feedback, which will put pressure on JD.com to improve its concessions.
Under its proposals, Ceconomy would access JD.com's European logistics capability and technological capability at market rates, one of the people said. Smaller rivals would also get access at fair and non-discriminatory rates.
The EU antitrust watchdog is examining JD.com's proposed acquisition of Ceconomy under the Foreign Subsidies Regulation that targets unfair foreign state aid.
Its preliminary review in May indicated that JD.com may have received foreign subsidies such as preferential financing, tax incentives and grants provided by entities possibly attributable to Beijing.
The Commission underscored its misgivings by setting out specific concerns in July, which JD.com will have to address in order to gain approval for the deal.
JD.com, Inc. (JD - Free Report) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.
Over the past month, shares of this company have returned -15.6%, compared to the Zacks S&P 500 composite's -0.4% change. During this period, the Zacks Internet - Commerce industry, which JD.com falls in, has lost 6.2%. The key question now is: What could be the stock's future direction?
While media releases or rumors about a substantial change in a company's business prospects usually make its stock 'trending' and lead to an immediate price change, there are always some fundamental facts that eventually dominate the buy-and-hold decision-making.
Revisions to Earnings EstimatesHere at Zacks, we prioritize appraising the change in the projection of a company's future earnings over anything else. That's because we believe the present value of its future stream of earnings is what determines the fair value for its stock.
Our analysis is essentially based on how sell-side analysts covering the stock are revising their earnings estimates to take the latest business trends into account. When earnings estimates for a company go up, the fair value for its stock goes up as well. And when a stock's fair value is higher than its current market price, investors tend to buy the stock, resulting in its price moving upward. Because of this, empirical studies indicate a strong correlation between trends in earnings estimate revisions and short-term stock price movements.
JD.com is expected to post earnings of $0.96 per share for the current quarter, representing a year-over-year change of +84.6%. Over the last 30 days, the Zacks Consensus Estimate has changed -10.2%.
For the current fiscal year, the consensus earnings estimate of $3.19 points to a change of +25.1% from the prior year. Over the last 30 days, this estimate has changed +1.7%.
For the next fiscal year, the consensus earnings estimate of $3.73 indicates a change of +17% from what JD.com is expected to report a year ago. Over the past month, the estimate has changed +0.6%.
With an impressive externally audited track record, our proprietary stock rating tool -- the Zacks Rank -- is a more conclusive indicator of a stock's near-term price performance, as it effectively harnesses the power of earnings estimate revisions. The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #3 (Hold) for JD.com.
The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:
12 Month EPS
Projected Revenue GrowthEven though a company's earnings growth is arguably the best indicator of its financial health, nothing much happens if it cannot raise its revenues. It's almost impossible for a company to grow its earnings without growing its revenue for long periods. Therefore, knowing a company's potential revenue growth is crucial.
For JD.com, the consensus sales estimate for the current quarter of $45.85 billion indicates a year-over-year change of +9.1%. For the current and next fiscal years, $202.28 billion and $212.68 billion estimates indicate +10.1% and +5.1% changes, respectively.
Last Reported Results and Surprise HistoryJD.com reported revenues of $51.05 billion in the last reported quarter, representing a year-over-year change of +2.5%. EPS of $0.93 for the same period compares with $0.69 a year ago.
Compared to the Zacks Consensus Estimate of $51.55 billion, the reported revenues represent a surprise of -0.96%. The EPS surprise was +8.14%.
The company beat consensus EPS estimates in each of the trailing four quarters. The company topped consensus revenue estimates two times over this period.
ValuationNo investment decision can be efficient without considering a stock's valuation. Whether a stock's current price rightly reflects the intrinsic value of the underlying business and the company's growth prospects is an essential determinant of its future price performance.
Comparing the current value of a company's valuation multiples, such as its price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), to its own historical values helps ascertain whether its stock is fairly valued, overvalued, or undervalued, whereas comparing the company relative to its peers on these parameters gives a good sense of how reasonable its stock price is.
As part of the Zacks Style Scores system, the Zacks Value Style Score (which evaluates both traditional and unconventional valuation metrics) organizes stocks into five groups ranging from A to F (A is better than B; B is better than C; and so on), making it helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.
JD.com is graded A on this front, indicating that it is trading at a discount to its peers. Click here to see the values of some of the valuation metrics that have driven this grade.
Bottom LineThe facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about JD.com. However, its Zacks Rank #3 does suggest that it may perform in line with the broader market in the near term.
Fox News contributor Ben Domenech joins David Asman to discuss JD Vance's foreign policy remarks and Kamala Harris's comments on campaigning. They analyze the Democratic strategy ahead of the midterm elections.
A joint venture comprising six companies said on Monday it plans to invest HK$16.8 billion ($2.14 billion) in the newly awarded pilot development area in Hong Kong's Northern Metropolis, a mega project bordering mainland China.
The six companies include Chinese state-owned property developers China Overseas Land & Investment (0688.HK), China Merchants Land (0978.HK), China Resources Land (Overseas) and Hong Kong peer Sino Land (0083.HK).
Another two companies are China's state-owned tourism enterprise CTG Investment Management and e-commerce giant JD.com Inc (9618.HK).
The joint venture plans to develop a large-scale modern logistics hub with residential and community commercial facilities.
It expects the logistic facility will begin operations in 55 months.
Hong Kong's Northern Metropolis, spanning 30,000 hectares (116 square miles), aims to bolster the city's technological collaboration and linkages with mainland China.
The joint venture won the tender of the project on Monday for HK$1 billion.
‘The Big Short' investor Michael Burry has revealed a major change to his Chinese stock portfolio, fully exiting Alibaba (NYSE: BABA) and significantly increasing his position in JD.com (NASDAQ: JD).
Employees work as parcels move along conveyor belts at the JD.com sorting center in Beijing, China, November 11, 2025. REUTERS/Maxim Shemetov Purchase Licensing Rights, opens new tab
BEIJING, Aug 19 (Reuters) - China said on Wednesday that a European Union investigation into Chinese e-commerce giant JD.com (9618.HK), opens new tab constituted "improper extraterritorial jurisdiction" and ordered entities not to implement or assist with the probe.
The order, issued by the justice ministry, is the second time that China has invoked its regulations countering "unlawful extraterritorial jurisdiction measures". Introduced in April, the regulations expanded Beijing's economic pressure toolkit amid strained ties with trading partners including the EU.
Sign up here.
The European Commission opened an investigation in May into JD.com's $2.5 billion bid for German electronics retailer Ceconomy (CECG.DE), opens new tab under the Foreign Subsidies Regulation, citing concerns that JD.com might have received foreign subsidies that could distort the bloc's market.
The EU probe demanded from a Chinese entity "extensive and unnecessary" information from within China, China's justice ministry said in a separate statement, calling the demand "a serious violation of the international rule of law".
"If the EU persists in its unilateral actions, China will resolutely retaliate in accordance with the law," the ministry said.
China issued a similar order in May against an EU investigation into Chinese security firm Nuctech.
Reporting by Yukun Zhang, Xiuhao Chen and Liz Lee; Editing by Mark Potter and Emelia Sithole-Matarise
Our Standards: The Thomson Reuters Trust Principles., opens new tab
Qwen is the story of Alibaba's (BABA) growth, says Dave Nicholson of Futurum. He adds that it raises "huge price pressure" concerns for Alphabet (GOOGL) and Meta Platforms (META) as Alibaba's model threatens to take more market share.
JD.com, Inc. remains under pressure as core retail revenue declined 4.7% y/y, mainly due to weak electronics and home appliance sales. Despite margin improvement and a headline earnings beat, JD's retail weakness and China's soft macro environment create a persistent overhang. We maintain a Neutral rating on JD stock: valuation is cheap at 7x forward earnings, supported by a strong net cash position and 5–6% shareholder yield.
JD.com, Inc. (NASDAQ:JD) says its massive artificial intelligence (AI) spending is paying off, offering a rare bright spot as many global corporations struggle to turn AI adoption into bottom-line profits.
During its second-quarter earnings call, the Chinese e-commerce giant said its investments in generative AI are beginning to show results. Improved customer experience, advertising efficiency, and a reshaped cost structure are among the areas it mentioned.
“Our deep integration of AI is delivering measurable progress, enhancing customer satisfaction while structurally refining our cost structure,” CEO Sandy Ran Xu said during the earnings call.
Xu also pointed to AI-enhanced product search and recommendations, as well as supply chain operations. Rather than treating AI as a standalone initiative, JD.com is embedding the technology into day-to-day operations, she explained.
Advertising Is Emerging as a Key AI Use CaseAmong the areas seeing tangible benefits is JD.com’s advertising business.
CFO Ian Su Shan said the company has been “driving ad distribution efficiency by integrating AI into our algorithms,” which has improved how advertisements are matched with consumers and enhanced overall marketing effectiveness.
That matters because advertising is a higher-margin business than traditional online retail. As AI improves targeting and campaign performance, it could help drive both revenue growth and profitability without requiring a proportional increase in operating costs.
JD.com also said AI is supporting improvements in customer interactions and logistics, reinforcing its broader strategy of using automation to streamline operations rather than simply adding new AI-powered products.
A Sign That AI Spending Is Beginning to Pay OffThe comments come as investors increasingly question whether Big Tech’s multibillion-dollar AI investments can generate meaningful returns.
JD.com’s management suggested the company is beginning to move beyond the investment phase.
“These investments are gradually translating into operational benefits,” Shan said, adding that AI is contributing to improvements across multiple parts of the business instead of delivering value through a single application.
While the company did not quantify the financial impact of those gains, the earnings call offered one of its clearest indications yet that management considers AI to be a source of measurable operational improvement rather than simply a future growth initiative.
The AI, ROI DisconnectJD.com is defying broader corporate trends where AI spending has yet to translate into major bottom-line gains. According to 2025 research from McKinsey & Company, nearly eight in 10 companies using generative A.I. have reported "no significant bottom-line impact."
The core disconnect McKinsey flagged in mid-2025 is still very much alive heading into late 2026 — it just looks a little different now.
McKinsey’s own follow-up survey (fielded June–July 2025, a bit after the piece you cited) found adoption climbing even further, with 88% of organizations now using AI in at least one business function, up from 78% previously. But the value side barely budged: only 39% of respondents attribute any enterprise-level EBIT impact to AI at all, and most of those say it’s under 5% of EBIT.
Read Next
JD.com | Photo courtesy: Tada Images / Shutterstock.com
Market News and Data brought to you by Benzinga APIs
Key Takeaways JD expects retail revenues to return to growth in Q3 after a 4.7% YoY decline in Q2.JD.com's retail gross margin rose 1.3 points to 18.5%, while operating margin reached 4.6%.JD.com cut food-delivery losses by over 50% as subsidies fell and delivery efficiency improved. JD.com, Inc. (JD - Free Report) used its second-quarter 2026 earnings call to frame the quarter as a profitability inflection while signaling that JD Retail should return to positive revenue growth in the third quarter. Management tied the expected recovery to easing comparison pressure, supply-chain execution and healthy general merchandise growth.
The company’s second-quarter non-GAAP earnings per ADS of $0.93 topped the Zacks Consensus Estimate of $0.86. However, revenues of $51.1 billion missed the $51.55 billion estimate. Management emphasized margin durability, food-delivery loss reduction and second-half growth.
JD Eyes a Q3 Retail Growth PivotChief executive officer (CEO) Sandy Xu said JD Retail's momentum improved in June and expects the segment to return to positive revenue growth in the third quarter after second-quarter revenues fell 4.7% year over year.
In Q&A, a UBS analyst asked about the electronics and home appliance outlook. The CEO said growth should improve as last year's trade-in comparison base normalizes, while inventory management helps cushion component-driven price pressure.
Xu also expects general merchandise to maintain healthy growth, supported by supermarkets and third-party participation. JD Retail's third-party GMV has outpaced first-party GMV for three consecutive quarters.
JD.com Protects Margin Through Mix and EfficiencyChief financial officer (CFO) Ian Shan highlighted JD Retail's gross margin of 18.5%, up 1.3 percentage points year over year, and a 4.6% operating margin, a record for peak promotional seasons.
The CFO tied the improvement to supply-chain efficiency, better product margins, commissions and advertising, while marketing efficiency created room for higher AI-focused research and development spending.
In Q&A, a Jefferies analyst asked about the second-half margin outlook. Shan said JD Retail’s gross margin should keep improving and reiterated a long-term high-single-digit margin target, even as research and development expenses continue growing.
JD Food Delivery Losses Keep NarrowingCEO Xu said JD Food Delivery cut losses by more than 50% year over year while maintaining healthy order growth, aided by lower subsidy per order, better delivery efficiency and growing commission and advertising revenues.
CFO Shan said New Businesses' operating loss narrowed to RMB9.9 billion in the second quarter, and food-delivery losses should decline substantially year over year in the second half.
In Q&A, a Citi analyst asked about food-delivery scale and synergies. CEO Xu emphasized cross-sell, user acquisition and fulfillment integration with logistics while keeping scale growth tied to unit economics improvement.
JD.com Sees More Advertising UpsideCEO Xu said monthly active users, quarterly active customers and Plus members all grew at double-digit rates, while management is shifting from rapid acquisition toward improving user quality and lifetime value.
CFO Shan noted marketplace and marketing revenues rose 8.3% year over year, faster than total revenues, with advertising showing stronger momentum.
In Q&A, a Citi analyst asked about second-half monetization. The CFO said advertising growth should accelerate as sales recover, supported by AI-driven targeting, general merchandise mix and incremental traffic from food delivery.
JD Balances Overseas Expansion and ReturnsA Goldman Sachs analyst asked whether stronger free cash flow could support a formal shareholder-return ratio. CFO Shan reiterated a flexible mix of reinvestment, dividends and share repurchases focused on long-term total shareholder returns.
The CFO said JD repurchased $1 billion of shares in the first half, equal to about 2.5% of outstanding ordinary shares at year-end 2025, with roughly $1 billion remaining under the program.
On Joybuy, CEO Xu said revenues doubled within two quarters, and investment will rise as service coverage expands, but spending will remain disciplined and manageable while unit economics improve.
JD.com Keeps the Focus on Profitable GrowthManagement's second-half message centered on reaccelerating revenue alongside continued efficiency gains. CEO Xu emphasized supply-chain execution, AI integration and financial discipline across new businesses.
CFO Shan said the group expects profit growth to accelerate in the second half, supported by core retail health and narrower new-business losses.
JD’s Zacks Rank & Style Scores Show Mixed SignalsJD currently carries a Zacks Rank #3 (Hold), and A grades for Value, Growth, Momentum and VGM Score. Under the Zacks Style Score framework, A is the strongest grade, and favorable style scores complement the rank.
The combination reflects broad style strength but lacks the higher timeliness associated with Zacks Rank #1 (Strong Buy) or 2 (Buy) stocks. The Zacks Rank can change as earnings estimates are revised following the just-reported results. You can see the complete list of today’s Zacks #1 Rank stocks here.
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though?
Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about JD.com, Inc. (JD - Free Report) .
JD.com currently has an average brokerage recommendation (ABR) of 1.36, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by 24 brokerage firms. An ABR of 1.36 approximates between Strong Buy and Buy.
Of the 24 recommendations that derive the current ABR, 19 are Strong Buy and two are Buy. Strong Buy and Buy respectively account for 79.2% and 8.3% of all recommendations.
Brokerage Recommendation Trends for JD
Check price target & stock forecast for JD.com here>>>
While the ABR calls for buying JD.com, it may not be wise to make an investment decision solely based on this information. Several studies have shown limited to no success of brokerage recommendations in guiding investors to pick stocks with the best price increase potential.
Are you wondering why? The vested interest of brokerage firms in a stock they cover often results in a strong positive bias of their analysts in rating it. Our research shows that for every "Strong Sell" recommendation, brokerage firms assign five "Strong Buy" recommendations.
This means that the interests of these institutions are not always aligned with those of retail investors, giving little insight into the direction of a stock's future price movement. It would therefore be best to use this information to validate your own analysis or a tool that has proven to be highly effective at predicting stock price movements.
Zacks Rank, our proprietary stock rating tool with an impressive externally audited track record, categorizes stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), and is an effective indicator of a stock's price performance in the near future. Therefore, using the ABR to validate the Zacks Rank could be an efficient way of making a profitable investment decision.
Zacks Rank Should Not Be Confused With ABRAlthough both Zacks Rank and ABR are displayed in a range of 1--5, they are different measures altogether.
Broker recommendations are the sole basis for calculating the ABR, which is typically displayed in decimals (such as 1.28). The Zacks Rank, on the other hand, is a quantitative model designed to harness the power of earnings estimate revisions. It is displayed in whole numbers -- 1 to 5.
Analysts employed by brokerage firms have been and continue to be overly optimistic with their recommendations. Since the ratings issued by these analysts are more favorable than their research would support because of the vested interest of their employers, they mislead investors far more often than they guide.
In contrast, the Zacks Rank is driven by earnings estimate revisions. And near-term stock price movements are strongly correlated with trends in earnings estimate revisions, according to empirical research.
Furthermore, the different grades of the Zacks Rank are applied proportionately across all stocks for which brokerage analysts provide earnings estimates for the current year. In other words, at all times, this tool maintains a balance among the five ranks it assigns.
There is also a key difference between the ABR and Zacks Rank when it comes to freshness. When you look at the ABR, it may not be up-to-date. Nonetheless, since brokerage analysts constantly revise their earnings estimates to reflect changing business trends, and their actions get reflected in the Zacks Rank quickly enough, it is always timely in predicting future stock prices.
Should You Invest in JD?Looking at the earnings estimate revisions for JD.com, the Zacks Consensus Estimate for the current year has remained unchanged over the past month at $3.14.
Analysts' steady views regarding the company's earnings prospects, as indicated by an unchanged consensus estimate, could be a legitimate reason for the stock to perform in line with the broader market in the near term.
The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #3 (Hold) for JD.com. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
It may therefore be prudent to be a little cautious with the Buy-equivalent ABR for JDcom.
Key Takeaways JD.com posted a 26.6% earnings gain as revenues fell 2.9% and missed estimates by 1%.JD Retail's margin rose to a record 4.6% as gross margin expanded 130 basis points year over year.JD Logistics revenues jumped 24.3%, while Food Delivery losses narrowed more than 50% year over year.
JD.com (JD - Free Report) delivered a strong bottom-line performance in the second quarter of 2026 despite revenue pressure. Non-GAAP earnings per ADS rose 26.6% year over year to RMB6.29, equivalent to 93 cents, beating the Zacks Consensus Estimate of 86 cents by 8.1%. Revenues declined 2.9% year over year to $51.05 billion, missing the $51.55 billion consensus by 1%.
Profitability benefited from higher JD Retail margins, improved marketing efficiency and sharply narrower losses at JD Food Delivery. JD Retail's operating margin reached 4.6%, while the company said Food Delivery losses narrowed more than 50% year over year.
JD Retail Holds Up Despite Revenue PressureJD Retail generated RMB295.4 billion in revenues, down 4.7% year over year. Electronics and home appliances revenues declined 11.8% to RMB157.9 billion, reflecting the high comparison base from the prior year’s trade-in program and higher upstream component prices.
General merchandise provided an important offset, with revenues increasing 5.6% to RMB109.2 billion. Supermarket revenues posted near-double-digit growth, while healthcare and industrial products delivered solid double-digit growth, according to management.
JD Expands Retail ProfitabilityJD Retail’s gross margin increased 130 basis points year over year to 18.5%, primarily driven by deeper supply-chain scale benefits and a favorable revenue mix, particularly the strong growth in marketplace and advertising revenues. Its operating margin rose 10 basis points to 4.6% from 4.5% a year ago, marking a record high for a peak promotional quarter.
The improvement reflected gross margin expansion and better marketing efficiency, which provided JD with greater flexibility to increase investments in research and development while maintaining healthy profitability.
JD Services Remain a Growth EngineNet service revenues increased 6.8% year over year to RMB79.3 billion. Marketplace and marketing revenues rose 8.3% to RMB30.9 billion, supported primarily by advertising growth. Logistics and other service revenues increased 5.9% to RMB48.4 billion.
The service mix remains important for profitability because marketplace and marketing revenues continued to grow faster than product sales. Management expects advertising revenues to gain further momentum as conversion efficiency improves.
JD.com Logistics Gains From Delivery GrowthJD Logistics generated RMB64.1 billion in revenues, up 24.3% year over year. Growth was driven primarily by incremental contributions from on-demand delivery services. Non-GAAP operating income increased 15.6% to RMB2.3 billion, with an operating margin of 3.5%.
The company also continued investing in automation. JD Logistics had deployed thousands of unmanned vehicles across more than 20 provinces by the end of the second quarter and launched its first overnight autonomous delivery routes in Shenzhen.
JD Narrows Losses in New BusinessesNew Businesses revenues declined 47.6% to RMB7.3 billion, largely because on-demand delivery revenue recognition shifted to JD Logistics beginning the first quarter of 2026. The segment’s operating loss narrowed to RMB9.9 billion from RMB14.8 billion a year earlier.
JD Food Delivery was the main source of improvement, with losses falling more than 50% year over year. Management said the gains reflected better operational efficiency, revenue diversification and stricter return-on-investment discipline. Joybuy and Jingxi continued to receive measured strategic investment.
JD.com Strengthens Cash Flow and Capital ReturnsJD generated RMB31.8 billion of free cash flow in the reported quarter compared with RMB22 billion a year earlier. Last-12-month free cash flow reached RMB31.4 billion, up from RMB10.1 billion in the comparable period, supported by disciplined working capital management and normalized cash outflows associated with the trade-in program.
As of June 30, 2026, JD.com’s cash, cash equivalents, restricted cash and short-term investments totaled RMB235.1 billion ($34.6 billion), up 9% sequentially from RMB215.7 billion ($31.3 billion) as of March 31, 2026. The company had 2.688 billion ordinary shares outstanding at the end of the second quarter compared with 2.701 billion at the end of the first quarter, reflecting the impact of its ongoing share repurchases.
Zacks Rank & Stocks to ConsiderJD.com currently carries a Zacks Rank #3 (Hold).
Target (TGT - Free Report) , Dollar Tree (DLTR - Free Report) and Five Below (FIVE - Free Report) are some better-ranked stocks that investors can consider in the broader Zacks Retail-Wholesale sector.
Target, Dollar Tree and Five Below each carry a Zacks Rank #2 (Buy) at present. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Shares of Target Dollar have surged 59.1% in the year-to-date period. Target Dollar is slated to report second-quarter of fiscal 2027 results on Aug. 19.
Shares of Dollar Tree have surged 5.3% in the year-to-date period. Dollar Tree is slated to report second-quarter of fiscal 2027 results on Aug. 27.
Shares of Five Below have surged 28.4% in the year-to-date period. Five Below is slated to report second-quarter of fiscal 2027 results on Aug. 26.
JD.com, Inc. (JD) Q2 2026 Earnings Call August 13, 2026 8:00 AM EDT
Company Participants
Sean Shibiao Zhang - Director of Investor Relations
Xu Ran - CEO & Executive Director
Ian Su Shan - Chief Financial Officer
Conference Call Participants
Kenneth Fong - UBS Investment Bank, Research Division
Ronald Keung - Goldman Sachs Group, Inc., Research Division
Alicis a Yap - Citigroup Inc., Research Division
Thomas Chong - Jefferies LLC, Research Division
Presentation
Operator
Hello, and thank you for standing by for JD.com's Second Quarter 2026 Earnings Conference Call. [Operator Instructions] Today's conference is being recorded. If you have any objections, you may disconnect at this time.
I would now like to turn the meeting over to your host for today's conference, Sean Zhang, Head of Investor Relations. Please go ahead.
Sean Shibiao Zhang
Director of Investor Relations
Thank you, operator. Good day, everyone. Welcome to JD.com's Second Quarter 2026 Earnings Conference Call. With us today are CEO of JD.com, Ms. Sandy Xu; and CFO, Mr. Ian Shan. Sandy will kick off the call with her opening remarks, and Ian will discuss the financial results. Then we'll open the call to questions from analysts. Please note, unless otherwise stated, all comparisons in this call will be against our results from the comparable period of 2025.
Before turning the call over to Sandy, let me quickly cover the safe harbor. Please be reminded that during this call, our comments and responses to your questions reflect management's view as of today only, will include forward-looking statements. Please refer to our latest safe harbor statement in the earnings press release on the IR website, which applies to this call. We will discuss certain non-GAAP financial measures. Please refer to the reconciliation of non-GAAP measures to the comparable GAAP measures also in the earnings press release. Please also note that all figures mentioned in this call
Andrew Wang believes JD.com's (JD) AI growth remains solid from its latest earnings but still faces consumer-centric headwinds. When it comes to related names, Andrew has his eyes on Alibaba's (BABA) cloud growth and Baidu's (BIDU) "interesting" set-up into its report.
JD.com (JD), the Chinese e-commerce and supply-chain giant, reported a quarter with one ugly number and several surprisingly good ones. Revenue fell 2.9% to RMB
Is China Investable Again? 2 Stocks Soaring as Tensions EaseJD.com NASDAQ: JD reported a 2.9% year-over-year decline in second-quarter revenue to RMB 346 billion, as sales of electronics and home appliances faced comparisons against a high prior-year base and pressure from rising upstream component costs. Despite the revenue decline, the company reported stronger profitability, with non-GAAP net income attributable to ordinary shareholders rising 20.8% to RMB 8.9 billion.
CEO Sandy Xu said the company’s results were in line with expectations and reflected operational resilience amid macroeconomic and industry headwinds. Non-GAAP net margin increased by 0.5 percentage point to 2.6%, supported by margin expansion at JD Retail and a reduction in losses at JD Food Delivery.
Get JD.com alerts:
Is Michael Burry Right Betting Against the Market Again?“Q2 marked a definitive turning point for our profitability trajectory,” Xu said, citing JD Retail’s margin performance and JD Food Delivery’s year-over-year loss reduction of more than 50%.
JD Retail margins reach promotional-season record JD Retail revenue declined 4.7% year over year to RMB 295 billion during the quarter. The company said electronics and home-appliance sales were affected by a high comparison base and higher consumer-electronics prices, although management said momentum improved in June.
Dividends Are Rising: 3 Foreign Stocks Boosting PayoutsJD Retail’s gross margin expanded 1.3 percentage points from a year earlier to 18.5%, its 17th consecutive quarter of year-over-year gross-margin expansion. Its non-GAAP operating profit reached RMB 13.5 billion, while operating margin rose 7 basis points to 4.6%, which management described as a record for a peak promotional season.
CFO Ian Su Shan attributed the improvement to supply-chain efficiencies, a greater contribution from higher-margin marketplace and advertising revenue, and improved marketing efficiency. JD Retail’s marketing expense ratio declined year over year for the fourth consecutive quarter, he said, though the company also increased research-and-development investment, particularly in artificial-intelligence applications.
Management expects JD Retail to return to positive revenue growth in the third quarter. Xu said the comparison base related to the prior-year trading program should normalize in the second half, while JD’s inventory management and supply-chain capabilities could help mitigate electronics price pressures.
General merchandise remained a relative source of growth. JD Supermarket delivered near-double-digit revenue growth, while healthcare and industrial products posted double-digit growth, according to management. JD said its third-party GMV growth outpaced first-party GMV for the third consecutive quarter, with the third-party contribution to total GMV expanding sequentially in the second quarter.
Service revenue and logistics growth offset product weakness Service revenue increased 6.8% from a year earlier. Marketplace and marketing revenue rose 8.3%, driven primarily by advertising revenue, while logistics and other service revenue increased 5.9%.
Su said marketplace and marketing revenue continued to grow faster than product sales, a trend the company expects to remain an important source of margin expansion. Management expects advertising revenue growth to accelerate in the second half as overall sales recover, supported by AI-driven ad targeting, a larger mix of general merchandise categories and additional traffic from newer businesses including JD Food Delivery.
JD Logistics generated RMB 68.1 billion in revenue, up 24.3% year over year, primarily due to incremental on-demand delivery services. Non-GAAP operating income at the logistics segment rose 15.6% to RMB 2.3 billion, representing a 3.5% operating margin. Su said near-term margin fluctuations at JD Logistics were primarily related to Deppon Logistics.
Food delivery losses narrow while international investment rises The company’s new businesses generated RMB 7.3 billion in revenue. The year-over-year decline in this segment reflected the transfer of on-demand delivery revenue recognition from new businesses to JD Logistics beginning in the first quarter of 2026.
Operating loss in the new-business segment narrowed significantly to RMB 9.9 billion. JD said JD Food Delivery reduced losses by more than 50% year over year through lower subsidies per order, improved delivery efficiency, commissions and advertising revenue.
Xu said food delivery also contributed to user acquisition and cross-selling opportunities across JD’s retail ecosystem. The company reported double-digit year-over-year growth in monthly active users, quarterly active customers and Plus members, while its 618 promotion set a record for purchasing users.
JD’s international business, Joybuy, doubled revenue within two quarters, according to Xu. The company said Joybuy’s European strategy centers on localized warehousing, same-day and next-day delivery in major cities, and integrated appliance delivery and installation. While Joybuy’s operating loss increased as it entered a scaling phase, its loss margin improved sequentially, management said. JD expects investment in the business to increase with order growth, while remaining disciplined and manageable.
Jingxi, which targets lower-tier markets, increased quarterly active customers by more than 40% year over year and contributed 40% of new active customers in the second quarter, according to management.
Cash flow, buybacks and second-half outlook JD reported last-12-month free cash flow of RMB 31 billion at the end of the second quarter, compared with RMB 10 billion in the prior-year period. Su attributed the improvement to working-capital management, faster accounts-receivable collections and normalized cash outflows associated with the trading program.
Cash, cash equivalents, restricted cash and short-term investments totaled RMB 235 billion at quarter-end. During the first half, JD repurchased approximately 69.9 million Class A ordinary shares, equivalent to 34.9 million ADSs, for $1 billion. The company said the purchases represented about 2.5% of ordinary shares outstanding as of Dec. 31, 2025.
Management said it remains committed to dividends and share repurchases, noting that approximately $1 billion remained under its previously announced three-year, $5 billion repurchase program. Su said JD has returned about $13 billion to shareholders through dividends and buybacks since 2023.
Looking ahead, management expects revenue growth to accelerate across JD Retail categories during the second half and said it is confident of further group-level profit growth. The company also reiterated its long-term goal of achieving a high-single-digit margin at JD Retail, supported by supply-chain efficiencies, category mix improvement and growth in higher-margin commissions and advertising services.
About JD.com (NASDAQ:JD)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.
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].
Continue following MarketBeat
Add MarketBeat as your preferred source on Google to see our latest stories in your feed.
Should You Invest $1,000 in JD.com Right Now?Before you consider JD.com, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and JD.com wasn't on the list.
While JD.com currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking to profit from the electric vehicle mega-trend? Click the link to see our list of which EV stocks show the most long-term potential.
JD.com reported better-than-expected results in the second quarter as the Chinese e-commerce titan made steady progress in narrowing losses at its food-delivery business.
JD.com stock was falling on Thursday after the Chinese online retail giant reported earnings. Investors soured on the stock despite better-than-expected results.
Čínská e-commerce společnost JD.com zveřejnila výsledky hospodaření za 2Q 2026. Čisté tržby meziročně klesly o 2,9 %, i tak ale překonaly odhady trhu. Ziskovost naopak posílila, a to především díky klíčové divizi JD Retail a snižování ztrát v nových segmentech podnikání v čele s rozvozem jídla.
Výsledky společnosti JD.com (JD) za 2Q 2026 2Q 2026 Konsensus 2Q 2026 2Q 2025 Čisté tržby (mld. CNY) 346,40 342,10 356,66 Čistý zisk (mld. CNY) 7,13 -- 6,18 Očištěný zisk na depozitní certifikát*(EPS, CNY/certifikát) 6,29 5,40 4,97 *jeden americký depozitní certifikát odpovídá 2 akciím
Výsledky za 2Q Čisté tržby meziročně klesly o 2,9 % na 346,40 mld. CNY (51,1 mld. USD). Společnost pokles přisuzuje především vysoké srovnávací základně z loňského roku. Tržby z prodeje zboží klesly o 5,4 %, tržby ze služeb naopak vzrostly o 6,8 %.
Tržby z maloobchodu (JD Retail) zaznamenaly meziroční pokles o 4,7 % na 295,38 mld. CNY. Tržby ze segmentu logistiky (JD Logistics) meziročně vzrostly o 24,3 % na 64,10 mld. CNY. Tržby z nových segmentů podnikání dosáhly 7,26 mld. CNY (-47,6 % meziročně).
Náklady na plnění objednávek (fulfillment) meziročně vzrostly o 10,4 % na 24,45 mld. CNY, predikovalo se 22,39 mld. CNY.
Očištěný zisk EBITDA dosáhl 7,93 mld. CNY oproti 3,00 mld. CNY ve 2Q 2025. Trh projektoval 7,7 mld. CNY. Očištěná marže zisku EBITDA činila 2,3 % oproti loňským 0,8 %, očekávalo se 2,19 %.
Očištěný provozní zisk dosáhl 5,5 mld. CNY. Očištěná provozní marže činila 1,6 % oproti loňským 0,3 %.
Provozní zisk maloobchodu činil 13,48 mld. CNY oproti 13,94 mld. CNY před rokem. Provozní marže maloobchodu meziročně vzrostla o 0,1 p. b. na 4,6 %. Provozní ztráta nových segmentů podnikání se zúžila na 9,85 mld. CNY z loňských 14,78 mld. CNY.
Volný hotovostní tok (FCF) ve 2Q dosáhl 31,84 mld. CNY (2Q 2025: 22,02 mld. CNY).
Zpětné odkupy akcií Společnost v prvním pololetí zpětně odkoupila přibližně 69,9 mil. akcií (ekvivalent 34,9 mil. ADR) v celkové hodnotě 1,0 mld. USD.
Komentář vedení „Naše výsledky za druhý kvartál odrážejí odolný a kvalitní provoz," uvedla generální ředitelka Sandy Xu. „Navzdory krátkodobým tlakům na tržby jsme dosáhli silného růstu na úrovni zisku, což představuje jasný zlom v našem ziskovém trendu. Toto zlepšení bylo taženo především solidní ziskovostí našeho klíčového byznysu JD Retail a pokračujícím zužováním ztráty divize JD Food Delivery. Tyto výsledky podtrhují odolnost našeho obchodního modelu postaveného na dodavatelském řetězci a zaměření našeho týmu na provozní efektivitu – tedy silné stránky, na kterých budeme dále stavět při odemykání dalšího potenciálu v průběhu druhé poloviny roku."
„Ve druhém kvartále jsme dosáhli solidní ziskovosti i přes zpomalující dynamiku na úrovni tržeb," řekl finanční ředitel Ian Su Shan. „Provozní marže divize JD Retail dosáhla rekordní úrovně pro období hlavních promočních sezón. Tento výkon byl tažen zlepšením marží v některých klíčových kategoriích a příznivým mixem tržeb, jelikož vysokomaržové tržby z tržiště a marketingu nadále překonávaly očekávání. Ztráty v segmentu nových byznysů se meziročně výrazně zúžily, a to především díky pokračujícímu snižování ztráty v JD Food Delivery, zatímco naše strategické investice do Joybuy a Jingxi zůstaly podle plánu. Do budoucna bude náš robustní obchodní ekosystém nadále podporovat trvalou odolnost podnikání a zdravou finanční trajektorii. Díky našim solidním finančním výsledkům jsme v prvním pololetí odkoupili přibližně 2,5 % našich kmenových akcií v oběhu, což podtrhuje náš závazek přinášet akcionářům udržitelné výnosy."
Pohled analytiků Analytici z Citi vnímají výsledky jako solidní, což připisují mírnějšímu meziročnímu poklesu tržeb z elektroniky a lepším tržbám z logistiky a dalších služeb.
Analytici z Jefferies uvedli, že tržby byly lepší, než se čekalo, protože pokles růstu tržeb divize JD Retail byl mírnější, než se předpokládalo.
Analytici z Morgan Stanley uvedli, že tržby jsou v souladu s očekáváním, zatímco ztráty nových segmentů podnikání jsou v mezikvartálním srovnání relativně stejné.
Analytici z Vital Knowledge poznamenali, že výsledky ukazují solidní potenciál k růstu na úrovni zisku, tažený lepšími tržbami a překonáním očekávání u marží. Celkově podle nich společnost zaznamenala solidní ziskovost v klíčové maloobchodní divizi JD Retail a pokračující zužování ztráty v JD Food Delivery.
Vývoj ADR ADR JD.com (JD) v předburzovní fázi obchodování zaznamenávají pokles o 2,75 % na 30,74 USD.
ADR JD.com (JD) před výsledky na 31,61 USD Ukazatel Ukazatel Kapitalizace (mld. USD) 43,2 P/E 21,4 Vývoj za letošní rok (%) +10,1 Očekávané P/E 9,6 52týdenní minimum (USD) 24,5 Prům. cílová cena (USD) 38,8 52týdenní maximum (USD) 36,9 Dividendový výnos (%) 3,2 Zdroj: JD.com, Bloomberg
BEIJING, Aug. 13, 2026 (GLOBE NEWSWIRE) -- JD.com, Inc. (NASDAQ: JD and HKEX: 9618 (HKD counter) and 89618 (RMB counter), the “Company” or “JD.com”), a leading supply chain-based technology and service provider, today announced its unaudited financial results for the three and six months ended June 30, 2026.
Item 1 of 2 Parcels on a conveyor belt at the JD.com sorting center in Beijing, China, November 11, 2025. REUTERS/Maxim Shemetov/File Photo
[1/2]Parcels on a conveyor belt at the JD.com sorting center in Beijing, China, November 11, 2025. REUTERS/Maxim Shemetov/File Photo Purchase Licensing Rights, opens new tab
Aug 13 (Reuters) - JD.com (9618.HK), opens new tab, beat quarterly revenue estimates on Thursday, helped by a longer sales period for the annual 618 shopping festival, one of China's largest online retail events.
The e-commerce giant reported a 2.9% decline in total revenue to 346.4 billion yuan ($51.37 billion) in the second quarter ended June, but higher than analysts' average estimate of 344.6 billion yuan, according to data compiled by LSEG.
Get a daily digest of breaking business news straight to your inbox with the Reuters Business newsletter. Sign up here.
JD.com's first quarterly revenue decline in more than a decade highlights the challenge of reviving consumer spending amid concerns about job security and weak consumer confidence stemming from China's years-long property sector downturn.
U.S.-listed shares of the company were down about 2% in premarket trading.
This year's annual mid-year shopping event, marking JD.com's founding on June 18, 1998, ran for more days than the previous year, giving retailers and brands extra time to compete for spending through deep discounts and promotional campaigns.
Net profit in the quarter was 7.1 billion yuan, compared to 6.2 billion in the same period last year.
($1 = 6.7431 Chinese yuan renminbi)
Reporting by Harshita Mary Varghese in Bengaluru; Sophie Yu in Beijing; Editing by Pooja Desai and Keith Weir
Our Standards: The Thomson Reuters Trust Principles., opens new tab
Sam Vadas focuses on moves outside of U.S. equities by explaining what's driving the selling action in Chinese stocks on Tuesday. Marley Kayden turns to the macro front by looking at the pressure on existing home sales.
Key Takeaways JD.com may benefit from 618-driven traffic, demand and merchant activity across its retail ecosystem.Food delivery, JD Logistics and new retail initiatives could support engagement and transaction activity.Electronics demand and heavy investment in delivery, international expansion and AI may pressure margins. JD.com (JD - Free Report) is scheduled to release second-quarter 2026 results on Aug. 13.
The Zacks Consensus Estimate for JD’s second-quarter revenues is pegged at $51.55 billion, indicating an increase of 3.53% on a year-over-year basis.
The consensus mark for second-quarter earnings is pegged at 86 cents per share, up by 5 cents over the past 30 days, indicating growth of 24.64% from the year-ago quarter's reported figure.
JD beat the Zacks Consensus Estimate for earnings in all the trailing four quarters, with an average surprise of 23.79%.
Let us see how things have shaped up for the upcoming announcement.
Key Factors to Note for JD’s Q2 EarningsJD.com is likely to see its second-quarter performance shaped by promotional activity, improving service engagement and retail ecosystem development. The 618 Grand Promotion, which ran from May 30 through June 18, likely supported customer traffic, merchandise demand and merchant participation. JD.com highlighted strong activity across online retail, offline stores and AI-powered products during the campaign, suggesting potential benefits for transaction volumes and advertising activity during the quarter. The company’s expansion of AI-enabled retail tools may have further supported traffic allocation, product discovery and merchant efficiency during the period.
Service businesses are expected to have provided support. Food delivery may have continued to strengthen customer engagement and cross-category purchases, while JD Logistics is likely to have benefited from delivery activity and use of automation and robotics. The June launch of the first JD MALL in Hong Kong may have supported offline retail presence and provided additional exposure to electronics and home appliances. Meanwhile, the addition of South Korea’s 11Street official flagship store to JD.com’s cross-border platform may have broadened product selection and international merchant participation.
However, electronics and home appliances are likely to have seen mixed demand, as the higher comparison base from last year’s trade-in activity and increased smartphone and PC prices may have influenced purchasing patterns. Promotional intensity during the 618 period may also have affected product mix and margins. Continued investment in food delivery and international expansion, including Joybuy, may have weighed on profitability, although improving operating efficiency is expected to have provided some offset. The company’s ongoing investments in AI and technology may also have kept operating expenses elevated during the quarter, while potentially supporting longer-term efficiency gains.
What Our Model SaysAccording to the Zacks model, the combination of a positive Earnings ESP and Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. However, that is not the case here. You can see the complete list of today’s Zacks #1 Rank stocks here.
JD has an Earnings ESP of 0.00% and a Zacks Rank #3 at present. You can uncover the best stocks to buy or sell before they are reported with our Earnings ESP Filter.
Stocks to ConsiderHere are some stocks worth considering, as our model shows that these have the right combination of elements to beat on earnings this reporting cycle.
Advance Auto Parts (AAP - Free Report) has an Earnings ESP of +8.04% and a Zacks Rank #3 at present.
Advance Auto Parts is slated to report its second-quarter 2026 results on Aug. 20. The Zacks Consensus Estimate for Advance Auto Parts’ second-quarter 2026 earnings is pegged at 81 cents per share, up by a penny over the past 30 days, indicating an improvement of 17.39% from the year-ago quarter’s reported figure.
Analog Devices (ADI - Free Report) has an Earnings ESP of +2.37% and a Zacks Rank #2 at present.
Analog Devices is slated to report third-quarter fiscal 2026 results on Aug. 19. The Zacks Consensus Estimate for Analog Devices’ third-quarter fiscal 2026 earnings is pegged at $3.33 per share, up by 4 cents over the past 30 days, indicating a rise of 62.4% from the year-ago quarter’s reported figure.
Applied Materials (AMAT - Free Report) has an Earnings ESP of +1.52% and carries a Zacks Rank #2 at present.
Applied Materials is set to report third-quarter fiscal 2026 results on Aug. 13. The Zacks Consensus Estimate for Applied Materials’ third-quarter earnings is pegged at $3.36 per share, up by a penny over the past 30 days, indicating a rise of 35.5% from the year-ago quarter’s reported figure.
Po nabitém minulém týdnu výsledková sezóna zpomaluje. V tuzemsku bude pozornost směřovat především k energetické společnosti ČEZ. V Německu budou reportovat například energetické společnosti E.ON a RWE, zajišťovna Hannover Re či distributor chemikálií Brenntag. Ve zbytku Evropy budou sledované výsledky společnosti ON Holding a Adyen. V USA se pozornost zaměří především na technologické tituly. Výsledky zveřejní Cisco Systems, Applied Materials, CoreWeave, Nebius, Super Micro Computer a Lumentum.
Přehled vybraných společností reportujících své výsledky v tomto týdnu (zdroj: síť X - Earnings Whispers)
Pondělí (10. 8.) Německo (před trhem): GEA Group
USA (před trhem): Barrick Mining, Ferguson Enterprises
USA (po trhu): Simon Property Group, Rocket Lab
Úterý (11. 8.) ČR (před trhem): ČEZ
Evropa (před trhem): On Holding
USA (před trhem): Sea, Cardinal Health, Venture Global
USA (po trhu): Lumentum Holdings, CoreWeave, Super Micro Computer
Středa (12. 8.) Německo (před trhem): E.ON, Hannover Re, Brenntag
JD.com, Inc. (JD - Free Report) ended the recent trading session at $32.54, demonstrating a -1.3% change from the preceding day's closing price. This change lagged the S&P 500's 0.17% loss on the day. Meanwhile, the Dow experienced a rise of 0.49%, and the technology-dominated Nasdaq saw a decrease of 0.83%.
Heading into today, shares of the company had gained 24.46% over the past month, outpacing the Retail-Wholesale sector's gain of 7.52% and the S&P 500's gain of 3.52%.
The upcoming earnings release of JD.com, Inc. will be of great interest to investors. The company's earnings report is expected on August 13, 2026. On that day, JD.com, Inc. is projected to report earnings of $0.86 per share, which would represent year-over-year growth of 24.64%. Alongside, our most recent consensus estimate is anticipating revenue of $51.55 billion, indicating a 3.53% upward movement from the same quarter last year.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $3.14 per share and a revenue of $203.97 billion, signifying shifts of +23.14% and +11.06%, respectively, from the last year.
It is also important to note the recent changes to analyst estimates for JD.com, Inc. These revisions typically reflect the latest short-term business trends, which can change frequently. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, there's been a 0.36% rise in the Zacks Consensus EPS estimate. Currently, JD.com, Inc. is carrying a Zacks Rank of #3 (Hold).
In terms of valuation, JD.com, Inc. is currently trading at a Forward P/E ratio of 10.49. This denotes a discount relative to the industry average Forward P/E of 18.48.
The Internet - Commerce industry is part of the Retail-Wholesale sector. This industry, currently bearing a Zacks Industry Rank of 165, finds itself in the bottom 33% echelons of all 250+ industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow JD in the coming trading sessions, be sure to utilize Zacks.com.
JD.com and NetEase are flashing bullish technical signals as improving momentum across Chinese technology stocks suggests the sector's rally has further room to run.
First Trust Advisors LP grew its position in JD.com, Inc. (NASDAQ:JD – Free Report) by 19.2% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 197,087 shares of the information services provider’s stock after acquiring an additional 31,693 shares during the period. First Trust Advisors LP’s holdings in JD.com were worth $5,828,000 at the end of the most recent quarter.
A number of other hedge funds have also recently added to or reduced their stakes in JD. NFJ Investment Group LLC raised its stake in shares of JD.com by 61.8% during the 4th quarter. NFJ Investment Group LLC now owns 699,518 shares of the information services provider’s stock worth $20,076,000 after buying an additional 267,159 shares in the last quarter. Monaco Asset Management SAM grew its holdings in JD.com by 60.0% during the fourth quarter. Monaco Asset Management SAM now owns 160,000 shares of the information services provider’s stock worth $4,592,000 after acquiring an additional 60,000 shares during the period. Legal & General Group Plc raised its position in JD.com by 4.7% in the fourth quarter. Legal & General Group Plc now owns 1,545,460 shares of the information services provider’s stock worth $44,346,000 after acquiring an additional 70,062 shares in the last quarter. U.S. Capital Wealth Advisors LLC lifted its holdings in JD.com by 381.3% in the fourth quarter. U.S. Capital Wealth Advisors LLC now owns 83,093 shares of the information services provider’s stock valued at $2,385,000 after acquiring an additional 65,829 shares during the period. Finally, Robeco Institutional Asset Management B.V. lifted its holdings in JD.com by 11.6% in the fourth quarter. Robeco Institutional Asset Management B.V. now owns 4,441,095 shares of the information services provider’s stock valued at $127,459,000 after acquiring an additional 463,033 shares during the period. Institutional investors and hedge funds own 15.98% of the company’s stock.
Analyst Upgrades and Downgrades A number of equities analysts have recently weighed in on JD shares. Arete Research set a $37.00 price target on shares of JD.com in a research note on Friday, April 17th. Daiwa Securities Group reiterated a “hold” rating and issued a $27.00 price objective on shares of JD.com in a research note on Tuesday, June 23rd. Morgan Stanley boosted their price objective on shares of JD.com from $25.00 to $27.00 and gave the stock an “underweight” rating in a report on Wednesday, May 13th. Sanford C. Bernstein upped their target price on shares of JD.com from $36.00 to $40.00 and gave the stock an “outperform” rating in a research report on Wednesday, May 13th. Finally, Barclays dropped their target price on shares of JD.com from $43.00 to $41.00 and set an “overweight” rating for the company in a report on Wednesday, July 15th. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $36.42.
View Our Latest Report on JD
JD.com Price Performance JD.com stock opened at $33.01 on Monday. JD.com, Inc. has a 52 week low of $24.51 and a 52 week high of $36.86. The company has a quick ratio of 0.87, a current ratio of 1.18 and a debt-to-equity ratio of 0.22. The firm’s 50-day simple moving average is $28.64 and its 200 day simple moving average is $28.87. The firm has a market capitalization of $41.21 billion, a PE ratio of 25.79 and a beta of 0.38.
JD.com (NASDAQ:JD – Get Free Report) last posted its earnings results on Tuesday, March 31st. The information services provider reported $0.37 earnings per share for the quarter. The firm had revenue of $45.79 billion during the quarter. JD.com had a net margin of 1.04% and a return on equity of 5.90%. On average, equities research analysts predict that JD.com, Inc. will post 2.78 EPS for the current fiscal year.
JD.com Profile (Free Report)
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.
Recommended Stories Five stocks we like better than JD.com 3 Fixed-Income ETFs Show Why Yield Is Only Part of the Income Story AbbVie Quietly Solved Its Biggest Problem—Now What? Rio Tinto’s Results Make the Case for Looking Beyond Tech in the AI Trade Strategy’s Structural Strength: Hidden in a $8 Billion Illusion
Receive News & Ratings for JD.com Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JD.com and related companies with MarketBeat.com's FREE daily email newsletter.
« PREVIOUS HEADLINEThe Progressive Corporation $PGR Shares Purchased by First National Bank of Mount Dora Trust Investment Services
NEXT HEADLINE »FAS Wealth Partners Inc. Purchases 10,447 Shares of SPDR S&P 400 Mid Cap Growth ETF $MDYG
Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in JD over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
