JD.com (NASDAQ:JD) Trading Up 7.5% on Analyst Upgrade

Market Beat
2026.05.13 14:11
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JD.com (NASDAQ:JD) shares rose 7.5% after Morgan Stanley upgraded its price target from $25 to $27, despite maintaining an underweight rating. The stock traded at $33.85, with a volume decline of 37% from average. Analysts have mixed ratings, with 11 buy, 3 hold, and 1 sell. JD.com reported a 4.9% revenue increase in Q1, returning to profit, but faced rising costs and a regulatory fine. Institutional investors have increased their holdings, and the company has a market cap of $48.71 billion.