JD.com（JD）株式概要
JD.com,Inc.は、中華人民共和国とヨーロッパでサプライチェーンを基盤としたテクノロジーとサービスのプロバイダーとして事業を展開している。 詳細
JD Community Fair Values
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Analyst Price Targets
Top Community Narratives
US$82.68
FV
64.5% 割安 内在価値ディスカウント12.00%
Revenue growth p.a.
281
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JD.com, Inc. 競合他社
価格と性能
| 過去の株価 | |
|---|---|
| 現在の株価 | US$29.37 |
| 52週高値 | US$36.86 |
| 52週安値 | US$24.51 |
| ベータ | 0.36 |
| 1ヶ月の変化 | -2.72% |
| 3ヶ月変化 | -3.77% |
| 1年変化 | -7.87% |
| 3年間の変化 | -10.89% |
| 5年間の変化 | -61.57% |
| IPOからの変化 | 40.53% |
最新ニュース
Recent updates
Seeking Alpha • Aug 14
JD.com: Same Narrative, Concerning Sentiment; Remain Neutral
Summary JD.com, Inc. remains under pressure as core retail revenue declined 4.7% y/y, mainly due to weak electronics and home appliance sales. Despite margin improvement and a headline earnings beat, JD's retail weakness and China's soft macro environment create a persistent overhang. We maintain a Neutral rating on JD stock: valuation is cheap at 7x forward earnings, supported by a strong net cash position and 5–6% shareholder yield. Absent a turnaround in retail or overseas growth, limited catalysts exist for re-rating, making JD more attractive for value and yield investors than for growth investors. Read the full article on Seeking Alpha
ナラティブ更新 • May 01
JD: Delivery Investments And Europe Expansion Will Continue To Pressure Margins
Analyst price targets for JD.com have moved up by a few dollars per share, as analysts point to more disciplined food delivery spending and refreshed models from firms that recently raised their $ targets following earlier Q4 related cuts. Analyst Commentary Recent research updates on JD.com point to a mixed setup for investors, with some firms turning more constructive while others keep a tight focus on execution risks, profitability trends, and how much of that is already reflected in the share price.ナラティブ更新 • Apr 17
JD: Ongoing Delivery Investments Will Continue To Pressure Margins And Returns
Analysts have lifted the JD.com fair value estimate from $23.65 to $26.57. This reflects updated assumptions around slightly higher revenue growth, modestly improved profit margins, a reduced discount rate, and a higher future P/E multiple, supported by a recent wave of price target increases and upgrades tied to lower food delivery spending and refreshed models after the latest results.ナラティブ更新 • Apr 03
JD: Ongoing Delivery And Advertising Spend Will Pressure Margins For Longer
Analysts have trimmed JD.com's fair value estimate from $26.40 to $23.65, citing recent price target cuts that reflect ongoing pressure on profitability from investments in food delivery and advertising. Updated models incorporate revised assumptions for revenue growth, margins, and future P/E levels.
ナラティブ更新 • Mar 20
JD: Europe Expansion And Ongoing Investments Will Reshape Profitability Outlook
Analysts have trimmed their fair value estimate for JD.com from about $60.47 to $53.57 as price targets across the Street move lower. The change reflects updated models that factor in a slightly higher discount rate, modestly softer margin expectations, and ongoing investment spending that is weighing on near term profitability.ナラティブ更新 • Mar 06
JD: Slower Revenue And Higher Marketing Spend Will Test Margin Resilience
Analysts have reduced their average fair value estimate for JD.com from about $28.36 to $26.40. This change reflects updated models after recent Q4 results and concerns about slower revenue growth, slightly lower profit margins, a higher discount rate, and ongoing pressure from advertising spend on profitability.分析記事 • Jan 05
An Intrinsic Calculation For JD.com, Inc. (NASDAQ:JD) Suggests It's 47% Undervalued
Key Insights Using the 2 Stage Free Cash Flow to Equity, JD.com fair value estimate is US$55.30 Current share price of...
ナラティブ更新 • Oct 31
JD: Delivery Order Momentum Will Drive Further Business Expansion Ahead
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.ナラティブ更新 • Oct 17
Chinese Digital Retail And Logistics Will Open Markets Despite Risks
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.ナラティブ更新 • Oct 03
Chinese Digital Retail And Logistics Will Open Markets Despite Risks
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.ナラティブ更新 • Sep 04
Chinese Digital Retail And Logistics Will Open Markets Despite Risks
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.Seeking Alpha • Apr 19
JD.com: Enduring Growth Amid A Trade War, Hiking My Target Price
Summary Chinese stocks have outperformed in 2025; JD's strong fundamentals and government stimulus support a buy rating despite the recent pullback. JD's Q4 results exceeded expectations with $1.02 EPS and $47.5B revenue; margins and government subsidies drive optimism for 2025. JD's valuation is attractive with a forward EPS of $4.80, a 12x multiple, and a $58 intrinsic value target, indicating significant upside. Technical support at $32 is crucial; maintaining this level and rallying on improved RSI momentum could lead to a strong performance. Read the full article on Seeking AlphaSeeking Alpha • Mar 20
JD.com: Why I See Significant Upside Potential
Summary JD.com stock is significantly undervalued, trading at a forward price/sales ratio of 0.38x, suggesting strong upside potential compared to its U.S. rivals. Despite China's economic slowdown, JD.com has strong financials, with $158.76 billion in annual revenue and impressive net income growth. The company has seen double-digit gains in retail and logistics in Q4, with increasing user growth and shopping frequency, boosting margins. JD.com is rated a Strong Buy by Wall St. analysts and Seeking Alpha Quant ratings, with potential upside from a domestic retail rebound. Read the full article on Seeking AlphaSeeking Alpha • Mar 11
JD.com: Upgrading To Buy On Government Subsidy Tailwinds Driving Growth
Summary We are upgrading JD.com stock to Buy from Sell due to strong 4Q24 results and government consumption subsidies boosting revenue growth, especially in electronics and home appliances. Valuing JD at $56/share based on 8x forward EV/EBITDA multiple, reflecting its above-industry revenue growth and favorable macro policy support. Government subsidies are expected to continue, benefiting JD's large-ticket items; Xiaomi also seen as a potential beneficiary in non-smartphone segments. Risks include potential economic weakness impacting consumption and higher costs from JD's on-demand services expansion, but the subsidy-driven narrative remains strong for 2025. Read the full article on Seeking AlphaSeeking Alpha • Feb 24
JD: Earnings To Reflect Q4 Stimulus
Summary JD.com is expected to report record revenues on March 6th, driven by continued growth and recent Chinese fiscal and monetary stimulus measures. Despite economic challenges, JD generated $4.7B in free cash flow in the first nine months of 2024, supporting stock buybacks and a stable dividend. JD's P/E ratio of 13.48 suggests undervaluation, especially compared to BABA, indicating potential for multiple expansion in the e-commerce sector. Risks include potential earnings miss, prolonged Chinese economic slowdown, and escalating US-China trade tensions, but JD's domestic focus may mitigate trade war impacts. Read the full article on Seeking AlphaSeeking Alpha • Feb 13
JD.com: Is Instant Retail A Recipe For Success Or A Misstep In A Crowded Market?
Summary JD.com's low commission strategy in food delivery is unsustainable long-term due to high operational costs and lack of delivery network scale. JD lacks the delivery personnel and merchant base to compete effectively with Meituan and Ele.me, limiting its growth potential. JD should focus on international expansion and leveraging its e-commerce strengths, rather than entering China's competitive food delivery market. With JD trading at 9x forward earnings, it remains a value trap; investors should consider higher-quality Chinese internet stocks like Meituan and PDD. Read the full article on Seeking AlphaSeeking Alpha • Jan 13
JD.com: Consumption Subsidies A Short-Term Catalyst, But Value Trap Remains
Summary China's new consumption policy could boost JD.com's home appliances and electronics revenue, posing a short-term upside risk to our bearish view on the stock. JD's PLUS membership upgrades, including generous return policies and unlimited free shipping, may enhance user stickiness and drive higher transaction frequency. Despite potential short-term gains, JD remains a value trap due to its reliance on China's weak housing market and limited international growth potential. We recommend rotating into higher-growth names like PDD, which offers low-cost leadership and global growth potential, trading at a discount compared to JD. Read the full article on Seeking AlphaSeeking Alpha • Jan 05
JD.Com: A Capital Return Play For 2025
Summary JD.com is a leading e-Commerce company in China, poised to benefit from Beijing’s stimulus package aimed at boosting consumer spending and economic growth. The company is highly profitable, generating significant operating income/free cash flow and returning substantial capital to shareholders through aggressive stock buybacks. JD.com trades at a 7.3X forward P/E ratio (14% earnings yield), offering an attractive risk profile. The primary risk is JD.com's heavy reliance on China's consumer spending, making it potentially riskier than more diversified rivals like Alibaba and Pinduoduo. Read the full article on Seeking AlphaSeeking Alpha • Dec 26
JD.Com Stock Should Surge Anew Despite Trump Tariffs
Summary JD.com is well-positioned despite geopolitical risks, with strong domestic focus and limited exposure to U.S. tariffs, making it a Buy. Management's innovations in AI-driven logistics and vertical integration enhance delivery speeds and customer trust, setting JD apart from Alibaba. Strong financials with $153 billion in revenue and $33.6 billion in free cash flow, yet market undervalues JD with a P/E ratio of 11.6. Government stimulus and regulatory alignment offer economic tailwinds, while Wall Street analysts remain bullish with no Sell ratings. Read the full article on Seeking Alpha
新しいナラティブ • Nov 24
Enhanced Supply Chain And Strategic Programs Set The Stage For A Retail Growth Revolution
Enhanced supply chain and logistics are expected to lower costs and improve margins, positively impacting revenue and net margins.Seeking Alpha • Nov 14
JD.com: Excellent Q3 Results, Cheap Again
Summary JD.com has delivered strong Q3 earnings, beating analyst expectations on both revenue and profit, indicating consistent underestimation by analysts. JD.com is attractively valued at just 9x forward net profits and 6x forward EV/EBITDA. The company is focusing on profitability over aggressive growth, with operating profit up 18% and a new $5 billion share repurchase program. Risks include potential trade tensions and Chinese consumer sentiment, but JD.com's strong balance sheet and low valuation mitigate these concerns. Read the full article on Seeking AlphaSeeking Alpha • Nov 08
JD.com Could Thrive In A Trump Presidency
Summary JD.com stock fell on Wednesday as investors digested the implications of Trump's election win. Trump has pledged to slap 60% tariffs on goods from China, which would harm Chinese exports to the U.S. JD has barely any U.S. business, none of which is direct exports: its U.S. exposure is limited to providing logistics to Chinese companies trying to enter the U.S. market. The above logistics activities do not make up a large percentage of JD's revenue mix. In this article, I explore why JD stock should fare decently through Trump's second administration. Read the full article on Seeking AlphaSeeking Alpha • Oct 21
JD.com: Valuation And Fundamentals At An Inflection Point
Summary JD.com remains a buy due to expected revenue acceleration, margin expansion, and strong EPS growth, despite the stock's recent increase. Revenue growth will be driven by macro environment improvements, recovery from past actions, and 3P & general merchandise market expansion. JD is still undervalued, with the market pricing it as if it will shrink, making it an attractive investment. Previous valuation analysis using price/sales ratio and DCF model still supports JD's potential for a 19% annualized return over 5 years. Read the full article on Seeking AlphaSeeking Alpha • Oct 04
JD.com: This Is Probably Just The Beginning
Summary JD is still struggling to grow its top line, but due to improving margins and share buybacks, the bottom line almost doubled in the second quarter. In the years to come, JD will continue to grow its top line and can also use its free cash flow and cash reserves for share buybacks. Despite increasing 100% from its bottom, the stock price is still deeply undervalued. Read the full article on Seeking AlphaSeeking Alpha • Sep 21
Can JD Maintain Its Momentum
Summary JD's RSI indicates a neutral momentum, while the stock is consolidating around key Fibonacci levels. Gross margin reached a historical high of 15.8%, showing YoY growth for two consecutive years. Electronics and home appliances revenue declined 4.6% YoY, but general merchandise grew 8.7%, with double-digit supermarket growth. JD repurchased 137 million Class A shares in Q2 2024, with a new $5 billion repurchase program starting in September. Revenue growth slowed to 1.2% YoY, below previous CAGR of 19%, as average order value continues to decline. Read the full article on Seeking AlphaSeeking Alpha • Aug 30
JD.com: Top Chinese Stock To Buy Now
Summary JD.com has faced challenges but remains highly profitable with a low enterprise value, potentially trading at just 5-6 times forward EPS estimates. Despite stagnant growth, JD's earnings have consistently outperformed expectations, suggesting the potential for significant stock price appreciation when sales growth returns. Technical indicators show JD may have bottomed out, with potential resistance at $35-$40 and a long-term inverse head and shoulders pattern forming. Wall Street targets imply substantial upside, with average price targets around $41 and high-end estimates suggesting up to 170% growth potential. Read the full article on Seeking AlphaSeeking Alpha • Aug 19
JD.com's Q2 Earnings: Profit Margins Are Well Set To Soar 2x
Summary JD.com delivered another quarter of growth after revenues contracted for the majority of 2023. However, Q3 revenues still came in under consensus expectations. However, JD's focus on supply chain investments and efficiency has paved the way for margin expansion, setting it apart from competitors as management believes margins can double from here. A robust buyback program that is already being executed, a solid balance sheet, and attractive single-digit valuations point to a significant upside for JD stock. Read the full article on Seeking AlphaSeeking Alpha • Aug 12
JD.com: A Depressed Multiple With Real EPS Growth And Impressive FCF
Summary JD has struggled in the past few years despite a rally earlier this year, with investors selling tech and consumer-related China stocks. JD reported positive Q1 results in May, with strong earnings trends, and the stock now sports a low valuation. Amid bullish EPS trends and a sub-8 P/E, I see encouraging signs heading into the Q2 report. I highlight key price levels to monitor on the chart and assess the options situation. Read the full article on Seeking Alpha株主還元
| JD | US Multiline Retail | US 市場 | |
|---|---|---|---|
| 7D | 1.1% | -1.3% | -1.5% |
| 1Y | -7.9% | 4.9% | 17.8% |
業界別リターン: JD過去 1 年間で4.9 % の収益を上げたUS Multiline Retail業界を下回りました。
リターン対市場: JDは、過去 1 年間で17.8 % のリターンを上げたUS市場を下回りました。
価格変動
| JD volatility | |
|---|---|
| JD Average Weekly Movement | 4.4% |
| Multiline Retail Industry Average Movement | 6.9% |
| Market Average Movement | 7.2% |
| 10% most volatile stocks in US Market | 16.3% |
| 10% least volatile stocks in US Market | 3.1% |
安定した株価: JD 、 US市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。
時間の経過による変動: JDの 週次ボラティリティ ( 4% ) は過去 1 年間安定しています。
会社概要
| 設立 | 従業員 | CEO（最高経営責任者 | ウェブサイト |
|---|---|---|---|
| 2006 | 900,000 | Sandy Xu | www.jd.com |
JD.com,Inc.は、中華人民共和国とヨーロッパにおいて、サプライチェーンを基盤としたテクノロジーとサービスのプロバイダーとして事業を展開している。JD.com.Inc.は中華人民共和国とヨーロッパでサプライチェーンを基盤としたテクノロジーとサービスを提供する企業である：JDリテール、JDロジスティクス、ニュービジネス。家電製品、携帯端末、その他デジタル製品、デスクトップPC、ノートPC、その他各種コンピューター、プリンター、その他オフィス機器、家具、家庭用品、アパレル、化粧品、その他パーソナルケア用品、ペット用品を提供。婦人靴・バッグ・時計・宝飾品・高級品、紳士靴・スポーツ用品・フィットネス用品、自動車・用品、母子用品、玩具・楽器、食品・飲料・生鮮品、贈答品・花卉、OCT医薬品・栄養補助食品・ヘルスケアサービス・その他ヘルスケア機器などの医薬品・ヘルスケア製品を提供している。さらに、書籍、電子書籍、音楽、映画などのメディア商品、オンライン旅行代理店、アトラクションチケット、プリペイド・テレフォンカードやゲームカードなどのバーチャル商品、工業製品、設置・メンテナンスサービスなども提供している。さらに、サードパーティ商人向けのオンライン・マーケットプレイス・サービス、マーケティング・サービス、顧客やオフライン小売業者向けのオムニチャネル・ソリューション、オンライン・ヘルスケア・サービスも提供している。さらに、サードパーティをサポートする物流施設やその他の不動産の開発、所有、管理、アセットマネジメントサービスと統合サービスプラットフォーム、保管施設のリースと関連管理サービス、オンライン小売事業、テクノロジー主導のサプライチェーンソリューション、物流サービスも提供している。同社はかつて360buy Jingdong Inc.として知られ、2014年1月にJD.com, Inc.に社名を変更した。JD.com,Inc.は2006年に設立され、中華人民共和国の北京に本社を置いている。
JD.com, Inc. 基礎のまとめ
| JD 基礎統計学 | |
|---|---|
| 時価総額 | US$39.47b |
| 収益（TTM） | US$2.20b |
| 売上高(TTM) | US$195.38b |
17.9x
PER（株価収益率0.2x
P/SレシオJD は割高か？
公正価値と評価分析を参照収益と収入
| JD 損益計算書（TTM） | |
|---|---|
| 収益 | CN¥1.31t |
| 売上原価 | CN¥1.19t |
| 売上総利益 | CN¥123.74b |
| その他の費用 | CN¥108.94b |
| 収益 | CN¥14.79b |
直近の収益報告
Jun 30, 2026
次回決算日
該当なし
| 一株当たり利益（EPS） | 11.01 |
| グロス・マージン | 9.42% |
| 純利益率 | 1.13% |
| 有利子負債／自己資本比率 | 24.8% |
JD の長期的なパフォーマンスは？
過去の実績と比較を見る配当金
3.4%
現在の配当利回り65%
配当性向企業分析と財務データの現状
| データ | 最終更新日（UTC時間） |
|---|---|
| 企業分析 | 2026/08/23 15:48 |
| 終値 | 2026/08/21 00:00 |
| 収益 | 2026/06/30 |
| 年間収益 | 2025/12/31 |
データソース
企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。
| パッケージ | データ | タイムフレーム | 米国ソース例 |
|---|---|---|---|
| 会社財務 | 10年 |
| |
| アナリストのコンセンサス予想 | +プラス3年 |
|
|
| 市場価格 | 30年 |
| |
| 所有権 | 10年 |
| |
| マネジメント | 10年 |
| |
| 主な進展 | 10年 |
|
* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。
特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。
分析モデルとスノーフレーク
このレポートを生成するために使用した分析モデルの詳細は、当社のGitHubページでご覧いただけます。また、レポートの活用方法に関するガイドやYouTubeのチュートリアルも用意しています。
シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。
業界およびセクターの指標
私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。
アナリスト筋
JD.com, Inc. 38 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。72
| アナリスト | 機関 |
|---|---|
| Zixiao Yang | Arete Research Services LLP |
| Jiong Shao | Barclays |
| Alicia Yap | Barclays |