JD.com, Inc. (JD) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, JD broke through the 20-day moving average, which suggests a short-term bullish trend.
JD.com (JD) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
The latest trading day saw JD.com, Inc. (JD) settling at $42.24, representing a -1.72% change from its previous close.
JD.com (JD) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
JD.com stock is significantly undervalued, trading at a forward price/sales ratio of 0.38x, suggesting strong upside potential compared to its U.S. rivals. Despite China's economic slowdown, JD.com has strong financials, with $158.76 billion in annual revenue and impressive net income growth. The company has seen double-digit gains in retail and logistics in Q4, with increasing user growth and shopping frequency, boosting margins.
JD.com reported strong Q4 and full-year results last week, beating top and bottom line estimates, driven by robust growth in electronics and home appliances. The company saw significant operating income growth and free cash flow, enabling aggressive stock buybacks. E-commerce growth opportunity in China and reliance on core business JD Retail create long term upside for JD.com's revenues.
We are upgrading JD.com stock to Buy from Sell due to strong 4Q24 results and government consumption subsidies boosting revenue growth, especially in electronics and home appliances. Valuing JD at $56/share based on 8x forward EV/EBITDA multiple, reflecting its above-industry revenue growth and favorable macro policy support. Government subsidies are expected to continue, benefiting JD's large-ticket items; Xiaomi also seen as a potential beneficiary in non-smartphone segments.
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
JD's Q4/24 results showed strong growth with a 13.4% increase in revenue, 202% rise in net income per share, and 76.5% boost in free cash flow. Management is optimistic about 2025, expecting government stimulus to boost sales, and continues aggressive share buybacks, enhancing shareholder returns. JD's intrinsic value is estimated between $75 and $100, supported by strong financials and significant cash reserves, making it a compelling long-term investment.
JD.com, Inc. (NASDAQ:JD ) Q4 2024 Earnings Conference Call March 6, 2025 7:00 AM ET Company Participants Sean Zhang - Director of IR Sandy Xu - CEO Ian Shan - CFO Conference Call Participants Ronald Keung - Goldman Sachs Kenneth Fong - UBS Jialong Shi - Nomura Alicia Yap - Citigroup Thomas Chong - Jefferies Operator Hello, and thank you for standing by for JD.com's Fourth Quarter and Full Year 2024 Earnings Conference Call. At this time all participants are in listen-only mode.
Though controversial for a long time, Michael Burry's long bets on a series of Chinese technology stocks have been providing a massive payoff in 2025.
Chinese e-commerce giant JD.com (JD 6.86%) reported fourth-quarter and full-year 2024 earnings on Thursday, March 6, that topped analysts' consensus expectations. Adjusted net income per American depositary share rose to $1.02, significantly outpacing analysts' forecasts of $0.87.