Shares of JD.com, Inc. (JD) have gained 1.2% over the past four weeks to close the last trading session at $26.64, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $39.59 indicates a potential upside of 48.6%.The mean estimate comprises 17 short-term price targets with a standard deviation of $9.46. While the lowest estimate of $28 indicates a 5.1% increase from the current price ...

Photo by Nathan Stirk/Getty ImagesGetty ImagesJD Sports Fashion shares rose on Thursday after the athleisure giant reported accelerating sales during the second quarter.At 133p per share, the FTSE 100 company was last dealing 3.8% higher.JD’s like-for-like sales rose 2.4% during the three months to July, while revenues on an organic basis increased 8.3%.Like-for-like sales had fallen 0.7% in the prior quarter, while organic turnover had increased by a more modest 4.9%.JD said that "the quarter-on-quarter tr ...

Recent 13F fillings for Q2 revealed that JD.com (NASDAQ: JD) stock is now legendary investor Michael Burry’s fifth-largest holding at 12.31% portfolio weighting after a 30.56% reduction in the previous quarter.Michael Burry’s portfolio. Source: DataRomaInterestingly, during the previous trading day, JD stock fell 4.57%, decreasing the price of JD shares to $28.19 at the close. Losses extended in pre-market trading by 7.09%.JD stock 24-hour price chart. Source: Google FinanceSo, what exactly caused the slump ...

16 Aug 2024 JD.com (JD US) better-than-expected 2Q earnings growth | --- | --- | --- | |----------------------------------------------------------------------------------------------------------------------------------------|----------------------------------|---------------------------------------| | Target Price Up/Downside Current Price | | US$51.90 100.4% US$25.90 | | China Internet | | | | Saiyi HE, CFA (852) 3916 1739 hesaiyi@cmbi.com.hk | | | | Ye TAO franktao@cmbi.com.hk | | | | Wentao LU, CFA luwen ...

xiaoke chen/iStock Unreleased via Getty ImagesJD.com (NASDAQ:JD) (OTCPK:JDCMF) reported earnings for the June quarter on August 15th and reported an overall strong set of results, beating analyst consensus estimates on profitability. Indeed, shares surged >15% in the two days following the earnings release, as investors repriced the e-commerce giant's ability not only to generate cash flows but also to distribute these cash flows to shareholders - with cumulative buybacks in H1 2024 of about $3.3 billio ...

JD.com TodayJDJD.com$29.68 +0.39 (+1.33%) 52-Week Range$20.82▼$35.69Dividend Yield2.49%P/E Ratio13.55Price Target$36.93Add to WatchlistChinese eCommerce giant JD.com Inc. NASDAQ: JD shares rallied 12% following a solid Q2 2024 earnings report. As the largest online retailer in China, the company serves over 600 million customers. Top-line growth has slowed, but the company posted record net profits in the quarter as it continues to refine its operations. JD.com is often referred to as the Amazon.com Inc. NA ...

FangXiaNuoInvestment Thesis Beijing-based Chinese e-commerce company JD.com (NASDAQ:JD) (OTCPK:JDCMF) is one of the two largest online retailers in China that reported its Q2 earnings results late last week, the other being Chinese e-commerce behemoth Alibaba (NYSE:BABA). While both companies reported seemingly mixed results, with the e-commerce companies missing their respective consensus estimates for total sales, it was JD’s earnings report that caught my attention, with management’s confidence in po ...

One analyst upgraded the stock, but other pundits weren't as positive on its prospects.Capping a good week on the stock exchange, JD.com (JD 8.48%) saw the price of its U.S.-listed American Depositary Receipts (ADRs) rise by nearly 9% on Friday. The big Chinese online retailer was still in the glow of a fine second quarter, the results of which were unveiled Thursday morning. A recommendation upgrade helped give the stock some real lift on the last trading day of the week.A boost from a big U.S. bankEver-in ...

Most investors are unwilling to put their capital to work in overseas markets, as it is a more intangible idea, and they will likely not have the chance to see the companies they invest in at work or in person. More than that, geopolitical tensions and cultural differences make investing in China’s stock market a more complex consideration for most.However, there are those on Wall Street who nearly carry the legend status on their shoulders and have found enough evidence and reason to start investing in Asi ...

Apart from being one of the favorite picks of legendary investor Michael Burry, e-commerce giant JD.com (NASDAQ: JD) delivered strong Q2 earnings on August 15, prompting positive reactions from analysts, with JPMorgan analyst Andre Chang calling it “too cheap to ignore.”In an analysis released on June 16, Chang upgraded JD stock to an “overweight” rating, raising its price target from $33 to $36; the analyst believes JD’s recent strategy adjustments and low valuation make it likely to outperform in the next ...