Price Target Set at $48: Wei Fang of Mizuho Securities predicts a 33.15% potential upside for JD.com Inc (NASDAQ:JD), setting the price target at $48.
Impressive Quarterly Results: JD.com’s revenue for the first quarter of 2025 exceeded 301 billion yuan, marking a 16% year-over-year growth.
Significant Profitability Boost: The company reported a non-GAAP net income increase of 43% to 12.8 billion yuan.
JD.com Inc (NASDAQ:JD), a leading Chinese e-commerce company, is currently in the spotlight following a price target set by Wei Fang of Mizuho Securities. On May 14, 2025, Fang set a price target of $48 for JD, suggesting a potential upside of 33.15% from its current stock price of $36.05. This optimistic outlook comes amid JD’s strong financial performance.
JD’s recent quarterly results have been impressive, with its U.S.-listed American depositary shares (ADSs) rising over 3% after the announcement. The company’s revenue for the first quarter of 2025 exceeded 301 billion yuan, or $47 billion, marking a 16% year-over-year growth. This performance outpaced the S&P 500 index, which only saw a 0.7% increase, as highlighted by WSJ.
The company’s profitability has also seen a significant boost. JD reported a non-GAAP net income increase of 43% to 12.8 billion yuan, or $1.8 billion. This translated to earnings of 8.41 yuan, or $1.16 per ADS, surpassing analysts’ expectations. Analysts had predicted revenue slightly under 291 billion yuan, or $40 billion, showcasing JD’s ability to exceed market forecasts.
JD’s CEO, Sandy Xu, attributes the company’s strong performance to improving consumer sentiment and enhancements in its supply chain and user experience. The operating margin improved to 3.5% from 3%, with income from operations rising to RMB10.5 billion, or about $1.5 billion. This reflects JD’s strategic focus on both product and service revenue growth.
Despite the positive financial results, JD’s stock price has seen a slight decrease, currently at $35.72, down 4.11% or $1.53. The stock has traded between $35.66 and $37 today, with a market capitalization of approximately $48.9 billion. Over the past year, JD’s stock has fluctuated between a high of $47.82 and a low of $24.13, indicating a volatile trading environment.
