JD: Delivery Order Momentum Will Drive Further Business Expansion Ahead

AN

AnalystConsensusTarget

AnalystConsensusTarget

Not Invested

Based on Analyst Price Targets

Published

24 Nov 24

Updated

31 Oct 25

Views

902

n/a

n/a

AnalystConsensusTarget's Fair Value

n/a

1Y

-19.8%

7D

0.8%

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1Y

-19.8%

7D

0.8%

You can edit this narrative until Nov 1 8:05 PM. Then, changes will post as Updates.

Author's Valuation

US$45.2635.7% undervalued

AnalystConsensusTarget Fair Value

Shared on 31 Oct 25

Fair value Increased 0.31%

JD.com's analyst price target has been raised slightly, reflecting a modest increase of $0.14 to $45.26. Analysts point to recent order growth and ongoing strategic investments supporting a positive outlook.

Shared on 17 Oct 25

Fair value Increased 0.29%

JD.com's analyst-derived fair value price target was nudged up by $0.13 to $45.12, as analysts cite slightly higher expected revenue growth. However, this is tempered by ongoing margin pressures and continued strategic investment priorities.

Shared on 03 Oct 25

Fair value Increased 1.06%

Analysts have modestly raised their fair value price target for JD.com from $44.52 to $44.99. They cite balanced expectations for the company's growth outlook, ongoing strategic investments, and profitability considerations.

Shared on 04 Sep 25

Fair value Increased 0.084%

Analysts have tempered their long-term outlook on JD.com due to ongoing margin pressures and uncertainty over profitability from new business investments, leading to a consensus price target that remains at $44.48 despite strong near-term revenue growth. Analyst Commentary Bullish analysts remain positive on JD.com's near-term growth outlook, citing strong Q2 topline performance and expectations for above-consensus revenue growth.

Shared on 07 May 25

Fair value Decreased 21%

Shared on 30 Apr 25

Fair value Decreased 0.48%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 23 Apr 25

Fair value Decreased 0.56%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 16 Apr 25

Fair value Decreased 1.19%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 09 Apr 25

Fair value Increased 0.97%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 02 Apr 25

Fair value Increased 3.39%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 26 Mar 25

Fair value Increased 2.02%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 19 Mar 25

Fair value Increased 12%

AnalystConsensusTarget has decreased future PE multiple from 13.5x to 11.6x, decreased discount rate from 9.7% to 8.5% and decreased shares outstanding growth rate from -0.0% to -0.0%.

Shared on 10 Mar 25

Fair value Decreased 9.23%

AnalystConsensusTarget Fair Value

US$45.26

35.7% undervalued

Future estimation in

Growth p.a.

Growth p.a.

%

Decrease

Increase

Current revenue growth rate

5.35%

General Merchandise and Department Stores revenue growth rate

0.41%

Risk Level (Discount Rate)

Our default considers factors like the company's size, volatility, profitablity and country of operation.

%

0

Decrease

Increase

Current discount rate

10.28%

Calculation

CN¥44.84b

Earnings '28

x

12.59x

PE Ratio '28

=

CN¥564.47b

Market Cap '28

CN¥564.47b

Market Cap '28

/

1.33b

No. shares '28

=

CN¥425.20

Share Price '28

CN¥425.20 Share Price '28

Discounted to 2025 @ 9.75% p.a.

=

CN¥321.68

Fair Value '25

CN¥321.68 Fair Value '25

Converted to USD @ 0.1406 CNY/USD Exchange Rate

=

US$45.24

Fair Value '25