JD com JD Stock Price, News & Analysis

However, it is important to interpret these financial metrics in conjunction with the stock’s performance and other market dynamics to understand JD.com’s overall health and attractiveness of JD.com as an investment. JD.com, Inc., also known as Jingdong and Joybuy, is a Chinese e-commerce company headquartered in Beijing. Founded on June 18, 1998, by Qiangdong Liu, JD.com started as an online magneto-optical store but quickly diversified its product offerings to include electronics, mobile phones, computers, and other consumer goods. Over the years, the company has become one of China’s largest B2C online retailers by transaction volume and revenue. JD.com operates through various business segments, including JD Retail, JD Logistics, JD Technology, JD Health, and JD Digits. The company’s core business, JD Retail, offers an extensive range of products through its online retail platform, known for its authentic low prices, quality assurance, and customer-centric approach.

  1. Chinese retail sales grew 12.7% in May but were down from April, along with disappointing data on unemployment and investment, indicating the second-largest economy’s struggle to regain footing.
  2. Alibaba, which is expected to grow much slower than JD in fiscal 2024 (which starts at the end of March), trades at 13 times next year’s earnings.
  3. Latest economic figures from Beijing were a disappointment and the outlook this year doesn’t look much better.

Now in 2024, tech company workforces have largely returned to pre-pandemic levels, inflation is half of what it was this time last year and consumer confidence is rebounding. Last year was, by all accounts, a bloodbath for the tech industry, with more than 260,000 jobs vanishing — the https://traderoom.info/ worst 12 months for Silicon Valley since the dot-com crash of the early 2000s. American depositary receipts (ADRs) of JD.com advanced over 7% in early trading Wednesday after the Chinese e-commerce firm posted better-than-expected results as it attracted customers with lower pri…

But experts say for most large and publicly-traded tech firms, the layoff trend this month is aimed at satisfying investors. China stopped releasing a key data point on youth unemployment, sparking concerns that the situation was worse than it appeared. Meanwhile, industrial output and investment were weaker than expected and aggregate demand also declined. Stocks fell broadly in the first half of August as fears about rising interest rates persisted and weak economic data out of China contributed to a sustained sell-off.

Market Whales and Their Recent Bets on JD.com Options

This model considers these estimate changes and provides a simple, actionable rating system. Investors should also pay attention to any latest changes in analyst estimates for JD.com, Inc. These recent revisions tend to reflect the evolving nature of short-term business trends. Therefore, positive revisions in estimates convey analysts’ confidence etoro forex broker in the company’s business performance and profit potential. JD.com already had market forces working against it when it was forced to report the type of earnings that don’t inspire investor confidence. The fact that JD stock is still down after reporting earnings that exceeded estimates should tell investors everything that they need to know.

Recent News

The stock close down nearly 16% for the day after a failed attempt at a recovery rally. This pattern of decline is in keeping with its performance throughout the past month. JD.Com Inc JD shares are trading higher by 3.43% to $37.26 Wednesday morning. Shares of Chinese stocks are trading higher after Premier Li Qiang met with the heads of multiple tech companies, which has raised hopes of an end of a crackdown on the sector.

Key Data

It recently shut down its marketplaces in Indonesia and Thailand, which are both dominated by Sea Limited’s Shopee. That retreat could strengthen JD Retail’s margins but throttle its overseas growth. © 2024 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided ‘as-is’ and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart’s disclaimer. 342 employees have rated JD.com Chief Executive Officer Peter Cowgill on Glassdoor.com.

MarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. With respect to valuation, JD.com, Inc. is currently being traded at a Forward P/E ratio of 7.46. Its industry sports an average Forward P/E of 18.68, so one might conclude that JD.com, Inc. is trading at a discount comparatively. Some smaller tech startups are running out of cash and facing fundraising struggles with the era of easy money now over, which has prompted workforce reductions.

According to 15 analysts, the average rating for JD stock is «Buy.» The 12-month stock price forecast is $42.79, which is an increase of 92.57% from the latest price. It generates most of its sales through its first-party marketplace, but it’s gradually expanding its third-party marketplace to boost its margins. JD serves fewer online shoppers than Alibaba and Pinduoduo — which both operate third-party marketplaces — but its core first-party marketplace enables it to generate higher revenue per customer. Despite its success, JD.com faces various risks and challenges that investors should consider. Intense competition from other e-commerce giants, regulatory changes, and economic uncertainties could impact the company’s performance.

The tech outlook for China appears grim, with regulatory concerns in the spotlight. Ongoing issues of data use, gaming, and antitrust policies have weighed on Alibaba, JD.com and their peers. According to data from Benzinga Pro, JD.Com has a 52-week high of $68.29 and a 52-week low of $33.17.

Covering analysts heading into the Q2 disclosure anticipated earnings per share (EPS) of 41 cents. 15 Wall Street research analysts have issued «buy,» «hold,» and «sell» ratings for JD.com in the last twelve months. The consensus among Wall Street research analysts is that investors should «moderate buy» JD shares. JD.com (JD -1.46%) posted its fourth-quarter earnings report on March 9.

Positive earnings reports and strategic announcements have typically led to stock price appreciation, whereas unexpected challenges or external factors may result in short-term fluctuations. It’s essential to consider the stock’s performance in the context of the broader market and the e-commerce industry to make well-informed investment decisions. On paper, the e-commerce company reported adjusted income of 61 cents per share.

U.S. securities regulators levied fines totaling more than $7 million against three China-based auditors for a variety of offenses including issuing a false audit report. Chinese consumer prices fell 0.5% from a year earlier in November, while economists expected a drop of 0.2%. Chinese billionaire Richard Liu has acknowledged a litany of problems besieging his JD.com as the e-commerce company keeps ceding ground to a once-small rival, vowing to change and address the lack of…

The report indicates JD’s founder Richard Liu recently called for changes at JD in response to internal issues at the company flagged by an employee post. The company reportedly spent about $3.6 billion on human resource expenses last quarter. Chinese stocks face pressure Friday over the nation’s economic woes and slowing GDP growth. Yahoo Finance Markets Reporter Jared Blikre analyzes the drivers behind weaknesses in publicly traded Chines…

Henrik Mühlbradt

Henrik har testet sykler og utstyr for ulike publikasjoner siden 2006, og er sammen med Morten Iversen blant de mest erfarne sykkeltesterne i Norge. Henrik er opptatt av alle former for sykling, men har en forkjærlighet for terrengsykling og cyclocross. Han har konkurrert på høyt og lavt nivå siden midten av 90-tallet, og han kan fortsatt observeres med nummer på styret i terreng- og cx-ritt.