---
title: "CICC International: Raises JD.com's target price to $60, short-term growth momentum is on track"
type: "News"
locale: "zh-HK"
url: "https://longbridge.com/zh-HK/news/216949768.md"
description: "Guotai Junan International released a research report stating that it is expected that JD.com's total revenue in the third quarter will reach 259.8 billion yuan, a year-on-year increase of 4.9%; adjusted net profit of 11.1 billion yuan, implying a year-on-year increase of 4%, in line with market expectations. Due to the government's strengthened household appliances replacement plan, it will drive positive growth in the 3C and household appliance product categories. The bank believes that under the impetus of the replacement plan, JD.com's growth momentum has already entered the right track in the short term, maintaining its \"outperform the market\" rating, with a target price raised to $60"
datetime: "2024-10-16T06:35:32.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/216949768.md)
  - [en](https://longbridge.com/en/news/216949768.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/216949768.md)
---

> 支持的語言: [简体中文](https://longbridge.com/zh-CN/news/216949768.md) | [English](https://longbridge.com/en/news/216949768.md)


# CICC International: Raises JD.com's target price to $60, short-term growth momentum is on track

Guotai Junan International released a research report stating that it is expected that JD.com's total revenue in the third quarter will reach 259.8 billion yuan, a year-on-year increase of 4.9%; adjusted net profit is 11.1 billion yuan, indicating a year-on-year increase of 4%, in line with market expectations. Due to the government's strengthened household appliances replacement plan, positive growth in 3C and household appliance products is expected. The bank believes that under the impetus of the replacement plan, JD.com's growth momentum has already entered the right track in the short term, maintaining its "outperform the market" rating, with the target price raised to $60

### 相關股票

- [JD.com (JD.US)](https://longbridge.com/zh-HK/quote/JD.US.md)
- [JD-SWR (89618.HK)](https://longbridge.com/zh-HK/quote/89618.HK.md)
- [JD-SW (09618.HK)](https://longbridge.com/zh-HK/quote/09618.HK.md)

## 相關資訊與研究

- [JD.com Plans Offshore CNY Bond Offering to Refinance Debt](https://longbridge.com/zh-HK/news/281116889.md)
- [Strategy declares STRC preferred dividend of $0.96 per share for April](https://longbridge.com/zh-HK/news/281362701.md)
- [Nvidia Stock (NVDA) Braces for a Quick Snapback after a Rare Two-Quarter Losing Streak](https://longbridge.com/zh-HK/news/281360100.md)
- [BYD Mar NEV sales rebound to over 300,000 as overseas growth accelerates](https://longbridge.com/zh-HK/news/281361123.md)
- [Xpeng Mar deliveries rebound sequentially despite year-on-year decline](https://longbridge.com/zh-HK/news/281331957.md)