Summary:
- Benchmark Co. recommends a Buy for JD.com with a target price of $58.
- Analysts forecast a potential 51.42% upside from the current stock price.
- GuruFocus estimates JD.com's GF Value with a 23.41% upside potential.
JD.com Inc. (JD), a prominent player in the Chinese e-commerce market, has recently received a Buy rating from Benchmark Co., accompanied by a price target of $58. This recommendation comes amid expectations of a remarkable Q1 performance, driven by robust sales across key product categories. Known for its expansive logistics network, JD.com has reported an impressive 15% growth in retail revenue year-over-year.
Wall Street Analysts Forecast
According to projections from 37 Wall Street analysts, JD.com Inc. (JD, Financial) boasts an average one-year price target of $53.50, with a high estimate reaching $67.78 and a low of $39.11. This average target suggests a potential upside of 51.42% from the current stock price of $35.33. Investors can explore more detailed estimates on the JD.com Inc (JD) Forecast page.
The consensus among 38 brokerage firms positions JD.com Inc. (JD, Financial) with an average recommendation of 1.8, indicating an "Outperform" status. The rating scale spans from 1, representing a Strong Buy, to 5, signaling a Sell.
GuruFocus's proprietary GF Value estimates JD.com Inc. (JD, Financial) at $43.60 in one year. This suggests potential growth of 23.41% from the present price of $35.33. The GF Value is an assessment of the stock's fair trading value, calculated using the stock's historical trading multiples, past business growth, and future performance estimates. Investors seeking more insight should visit the JD.com Inc (JD) Summary page for detailed data.
