JD.Com Analyst Raises Estimates On Recovering Profitability, Earnings Inflection
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JD.Com shares surged after strong Q1 results, with analyst Fawne Jiang raising estimates and maintaining a Buy rating. He highlighted a "clear earnings inflection point" and increased the price target from $38 to $42. JD.Com achieved 5% year-on-year revenue growth, driven by margin expansion and improved operating efficiency. Jiang expects continued growth in 2026, with adjusted net income estimates raised to RMB 30 billion, indicating potential for further earnings upside. Shares rose 7.90% to $33.98 following the announcement.
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