JD.com (JD, Financial) shares rose 3.35%, reaching $37.64, driven by positive analyst predictions. CMB International forecasts JD.com's first-quarter total revenue to rise by 12.2% year-over-year to 291.9 billion yuan, with non-GAAP net profit increasing by 21% annually.
The firm highlights JD.com's advantage over peers due to its minimal revenue exposure to the U.S. market, making it less susceptible to potential tariff impacts. JD.com stands to benefit significantly from national subsidy programs, particularly in electronics and home appliances sectors.
CMB International maintains its earnings estimates for JD.com from 2025 to 2027, with a target price of $55 and a "buy" rating.