Citigroup maintains a “Buy” rating for JD.com, Inc. (NASDAQ:JD) but lowers the price target from $56 to $51.
JD.com’s stock price saw a slight increase of 0.18%, with a trading range between $31.80 and $32.585.
The company is set to release its Q1 2025 unaudited financial results on May 13, 2025, followed by a management conference call.
JD.com, Inc. (NASDAQ:JD) is a leading technology and service provider focused on supply chain solutions, known for its vast e-commerce platform and logistics network in China. Competing with other major players like Alibaba and Pinduoduo in the Chinese e-commerce market, JD.com has managed to maintain a strong presence. On April 28, 2025, Citigroup maintained its “Buy” rating for JD, despite the stock’s action being “hold.”
At the time of Citigroup’s announcement, JD’s stock price was $32.53. Citigroup also adjusted JD.com’s price target, lowering it from $56 to $51. This adjustment reflects a more cautious outlook, yet the “Buy” rating indicates confidence in JD’s long-term potential. JD’s stock has seen a slight increase of 0.06, or 0.18%, with a trading range today between $31.80 and $32.585.
JD.com plans to release its unaudited financial results for the first quarter of 2025 on May 13, 2025, before the U.S. market opens. This announcement is significant as it provides insights into the company’s financial health and performance. Following the release, JD’s management will hold a conference call at 8:00 am Eastern Time to discuss the results, offering further clarity to investors.
JD’s stock has experienced fluctuations over the past year, with a high of $47.82 and a low of $24.13. The company’s market capitalization stands at approximately $46.42 billion, indicating its substantial presence in the market. Today’s trading volume for JD is 14,425,445 shares, reflecting active investor interest.
