Michael Burry dumped this stock, but Wall Street sees a 50% upside

Group 1: Market Sentiment and Analyst Ratings - Famed investor Michael Burry turned bearish in Q1 2025, dumping most of his stock positions, including Chinese e-commerce giants like JD.com, despite Wall Street's bullish outlook [1] - Wall Street analysts remain optimistic about JD stock, with a consensus rating of 'Strong Buy' from 13 experts, including 10 'Buy' ratings and no 'Sell' ratings [2] - The average 12-month price target for JD shares is $49.23, suggesting a potential upside of 46.74% from its closing price of $33.55 [2] Group 2: Burry's Investment Moves - Burry slashed his portfolio and increased short bets on China, exiting positions in Alibaba, Baidu, and PDD Holdings, indicating a bearish stance on the Chinese technology sector [1][4] - His only long position in Q1 2025 was in Estée Lauder, where he doubled his stake to 200,000 shares [5] Group 3: Recent Analyst Updates on JD - Benchmark analyst reaffirmed a 'Buy' rating for JD.com, slightly trimming the price target from $58 to $53 after stronger-than-expected Q1 2025 earnings [6] - Citi raised its price target for JD.com to $52, citing a 43% year-over-year increase in non-GAAP net profit and a growing customer base [7] - Jefferies lifted its target to $66 while maintaining a 'Buy' recommendation, highlighting rising active user numbers and increasing Gross Merchandise Volume [8] Group 4: Cautionary Perspectives - Morgan Stanley took a more cautious approach, lowering its target to $39 while maintaining an 'Equal-weight' rating, expressing concerns over the lack of guidance on JD's food delivery segment [9]