Core Viewpoint - JD.com, Inc. plans to release its unaudited fourth quarter and full year 2024 financial results on March 6, 2025, before the U.S. market opens [1] Group 1: Financial Results Announcement - The financial results will be discussed in a conference call scheduled for 7:00 am Eastern Time on March 6, 2025 [2] - Participants are required to register in advance for the conference call and dial in 15 minutes prior to the call [3] Group 2: Conference Call Details - A telephone replay of the conference call will be available for one week until March 13, 2025, with specific dial-in details provided for various regions [4] - A live and archived webcast of the conference call will be accessible on JD.com's investor relations website [4] Group 3: Company Overview - JD.com is recognized as a leading supply chain-based technology and service provider, focusing on enabling consumers to purchase products flexibly [5] - The company has opened its technology and infrastructure to partners and brands as part of its Retail as a Service offering, aimed at enhancing productivity and innovation across industries [5]

Core Viewpoint - JD.com, Inc. is showing potential for short-term gains as it has crossed above the 20-day moving average, indicating a bullish trend [1][3]. Technical Analysis - The 20-day moving average serves as a significant trading tool, smoothing out price fluctuations and providing trend reversal signals [1][2]. - JD.com has recently reached a key level of support, which is crucial for short-term traders [1]. Performance Metrics - Over the past four weeks, JD.com has experienced a gain of 6.1% [3]. - The company currently holds a Zacks Rank of 3 (Hold), suggesting that the stock may continue to rise [3]. Earnings Estimates - Positive revisions in earnings estimates have been noted, with no downward revisions in the past two months and two upward revisions for the current fiscal year [3]. - The consensus estimate for JD.com has also increased, reinforcing the bullish outlook [3][4].

Company Performance - JD.com, Inc. ended the latest trading session at $39.59, reflecting a +0.71% adjustment from the previous day's close, which lagged behind the S&P 500's gain of 1.04% [1] - The company's stock has increased by 11.14% over the past month, outperforming the Retail-Wholesale sector's gain of 8.48% and the S&P 500's gain of 3.92% [1] Upcoming Earnings - JD.com, Inc. is projected to report earnings of $0.90 per share, indicating a year-over-year growth of 20% [2] - The consensus estimate for revenue is $45.96 billion, representing a 6.61% increase from the prior-year quarter [2] Analyst Estimates - Recent adjustments to analyst estimates for JD.com, Inc. reflect the changing nature of near-term business trends, with positive revisions indicating analyst optimism about the company's business and profitability [3] Zacks Rank and Valuation - JD.com, Inc. currently holds a Zacks Rank of 3 (Hold), with the Zacks Consensus EPS estimate having increased by 1.81% in the past month [5] - The company is trading at a Forward P/E ratio of 8.82, which is a discount compared to the industry's average Forward P/E of 21.71 [6] - JD.com has a PEG ratio of 0.28, while the Internet-Commerce industry has an average PEG ratio of 1.13 [6] Industry Context - The Internet-Commerce industry, part of the Retail-Wholesale sector, has a Zacks Industry Rank of 74, placing it in the top 30% of over 250 industries [7] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]

Group 1: Roku - Roku is a leading brand in streaming with over 85 million households using its platform, offering both free ad-supported and premium content [2] - The stock has doubled since its low in 2022 but remains below its peak, with revenue and streaming households growing at double-digit rates year-over-year [3][6] - Trailing-12-month free cash flow increased by 56% to $157 million, indicating potential for healthy profits as the business grows [3] - International markets are driving growth in household usage, but monetization in these markets lags behind the U.S., suggesting future revenue per user and margin improvements [4] - Operating expenses decreased by 17% year-over-year, narrowing operating losses from $688 million in the first nine months of 2023 to $179 million year-to-date through Q3 2024 [5] - The stock trades at a price-to-sales (P/S) multiple of 3.08, in line with the S&P 500 average, with potential for further increases as revenue continues to grow and losses narrow [6] Group 2: JD.com - JD.com is a leading e-commerce operator in China, with its share price affected by a weak economy and sales growth, currently trading at just 9 times 2025 earnings estimates [7] - Revenue grew by 5% year-over-year in Q3, supported by an increase in the active customer base and improved shopping frequency [7] - The company's well-established supply chain and infrastructure, built over 20 years, are helping to control costs and improve margins, with adjusted net income growing nearly 30% year-over-year in Q3 [8] - JD.com has seen consistent gains in general merchandise for three consecutive quarters, with strong momentum in supermarkets and apparel, indicating a solid competitive position [9] - The company is returning excess cash to shareholders, having paid $1.2 billion in dividends last year and announcing a new $5 billion share repurchase program, suggesting the shares are undervalued [10]

JD.com (NASDAQ: JD ) is ridiculously cheap right now. At $40 per share, the stock is priced like a struggling business, but the reality couldn’t be further from that. The company is making more money, cutting costs and aggressively buying back its own stock—yetMotti Sapir is an economist and financial analyst with over 15 years of experience in financial markets. He holds a degree in economics and has a talent for simplifying complex financial concepts into plain English. His focus is on uncovering market t ...

Core Viewpoint - Michael Burry, known for predicting the 2008 subprime mortgage crisis, has recently increased his investment in JD.com, indicating a positive outlook on the company and the Chinese technology sector [1][2]. Company Summary - Burry has doubled his stake in JD.com to 500,000 shares valued at $20 million, with the stock trading positively in recent months [2]. - JD.com has seen a return of over 70% in the past year, with a strong start to 2025, gaining 18% [2]. - The company is projected to achieve nearly 20% growth in 2025, supported by its focus on global partnerships and digital innovation [3]. - JD.com has established partnerships with Chilean brands to enhance sales of premium products, which is part of its strategy to reduce import costs and improve quality [3][4]. - The company has a diverse portfolio, including electronics and general merchandise, and is well-positioned for market expansion [4]. - JD.com achieved over 20% year-over-year shopper growth during the 2024 Singles Day promotion, showcasing its strong market position [6]. - The firm's AI-powered supply chain and logistics network enhances its manufacturing and delivery operations [6]. Analyst Sentiment - Analysts are optimistic about JD.com, with Jefferies raising its price target from $54 to $60 while maintaining a "Buy" rating, citing strong Q4 management as a growth driver [7]. - BOCOM International has also increased its Q4 2024 revenue and profit forecasts by 3% and 12%, respectively, while maintaining a "Buy" rating [8]. - China Merchants Securities projects a 9% year-on-year revenue increase for JD.com [8]. Valuation Insights - JD.com's Price-to-Earnings (P/E) ratio is currently at 12.94, which is relatively low compared to its tech peers, suggesting it may be undervalued [9]. - Despite a 70% price increase over the past year, JD.com may still be trading below its true potential based on earnings, indicating it could be an attractive investment opportunity for long-term investors [10].

Core Viewpoint - JD.com, Inc. (JD) has seen a 5.6% increase in share price over the past four weeks, closing at $38.50, with a mean price target of $48.59 indicating a potential upside of 26.2% [1] Price Targets and Analyst Estimates - The mean estimate consists of 17 short-term price targets with a standard deviation of $10.61, indicating variability among analysts; the lowest estimate is $28 (27.3% decline), while the highest is $70 (81.8% increase) [2] - A low standard deviation suggests a high degree of agreement among analysts regarding the stock's price movement direction, which can serve as a starting point for further research [7] Earnings Estimates and Analyst Sentiment - There is increasing optimism among analysts about JD's earnings prospects, as indicated by a strong consensus in revising EPS estimates higher, which correlates with potential stock price increases [9] - Over the last 30 days, one estimate has increased with no negative revisions, leading to a 2.1% rise in the Zacks Consensus Estimate for the current year [10] Zacks Rank and Investment Potential - JD currently holds a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks based on earnings estimate factors, indicating strong potential for near-term upside [11] Conclusion on Price Targets - While consensus price targets may not reliably indicate the extent of JD's potential gains, they do provide a useful guide for the direction of price movement [12]

Investment Rating - The report maintains a "Buy" rating for JD, indicating a positive outlook on the company's performance and growth potential [6][13]. Core Insights - The report highlights that JD's core electric product categories are expected to see a significant increase in GMV driven by ongoing government subsidies, with a strong profit growth forecast for Q4 [4][8]. - JD's supply chain advantages and competitive barriers in key product categories remain robust, with continued investments aimed at enhancing user experience and expanding into new categories like apparel [10][13]. - The introduction of a new "gift-giving" feature is anticipated to enhance user engagement and drive sales during the Spring Festival [12][13]. Financial Data and Profit Forecast - For FY24, JD's revenue is projected to reach RMB 333.6 billion, representing a 9% year-over-year increase, with an adjusted net profit of RMB 94.5 billion, reflecting a net margin of 2.8% [7][10]. - The adjusted net profit forecast for FY24 has been raised from RMB 42.8 billion to RMB 46.0 billion, with projections for FY25 and FY26 remaining at RMB 46.2 billion and RMB 48.5 billion, respectively [6][13]. - Revenue growth is expected to improve sequentially, with JD Retail anticipated to grow by 9.5% year-over-year to RMB 293.1 billion in Q4 [8][10]. Market Performance - JD's stock closed at USD 39.00, with a market capitalization of USD 62.1 billion, reflecting a strong position in the market [5]. - The report notes that online retail sales of physical goods in Q4 are expected to grow by 3.5% year-over-year, indicating a positive trend in consumer demand [8]. Strategic Initiatives - JD is focusing on enhancing its supply chain capabilities and operational efficiency, which are expected to drive profitability [9][10]. - The company is also increasing user investments and subsidies in emerging categories to stimulate user engagement and purchase frequency [10][12].

Investment Rating - The report maintains a "Buy" rating for JD US, with a target price raised from $56 to $60, indicating a potential upside of 53.8% [1][6][11]. Core Insights - The report highlights the positive impact of the trade-in policy, which is expected to continue benefiting JD's sales in the electronics category. Revenue and profit forecasts for Q4 2024 have been raised by 3% and 12%, respectively. The company is projected to maintain healthy profit growth in 2025, supported by a 13x P/E ratio for 2025 [1][6][7]. - The anticipated total revenue for Q4 2024 is expected to reach RMB 334 billion, reflecting a year-on-year increase of 9.2%, which is 3% higher than previous estimates and 2% above Bloomberg consensus [6][7]. - Adjusted net profit for Q4 2024 is projected at RMB 9.5 billion, a 13% increase year-on-year, also revised up by 12% from earlier forecasts [6][7]. Financial Forecast Adjustments - Total revenue estimates for 2024 and 2025 have been adjusted upward by 0.9% and 0.7%, respectively, while net profit estimates have been increased by 2.3% and 2.8% for the same years [5][6]. - The report anticipates that JD's retail revenue will outperform social retail growth in 2025, with continued healthy profit growth and shareholder returns [6][7]. Revenue Breakdown - For 2024, product sales revenue is expected to be RMB 917.2 billion, with a growth rate of 5.6%. The electronics category is projected to generate RMB 556.2 billion, reflecting a 10%+ year-on-year increase [5][6][7]. - The report also details revenue contributions from various segments, including service revenue and logistics, indicating a diversified income stream [5][6][7]. Market Performance - JD's stock has shown a year-to-date increase of 12.49%, with a 52-week high of $47.08 and a low of $21.44, reflecting strong market interest [4][6].

Group 1 - Michael Burry has shifted his investment focus from the United States to China, achieving a 74.24% return last year due to a brief Chinese stimulus [2] - As of January 17, 2025, JD's stock has increased by 12.49%, closing at $39, contributing positively to Burry's portfolio [3][5] - Burry holds 500,000 shares of JD, with the value of his stake rising from approximately $17.12 million to about $19.25 million following the stock surge [4][5] Group 2 - Analyst support for JD has increased, with Jefferies raising its price target from $54 to $60, maintaining a 'Buy' rating, anticipating strong performance in the upcoming quarterly report [6] - Both JPMorgan and Citigroup have placed JD on positive catalyst watch, citing revenue growth expectations and the company's first-mover advantage in trade-in programs [7] - The overall Chinese stock market has been buoyed by the country meeting its 5% GDP growth target for 2024, contributing to the positive trading environment for JD [8]