Lates News

Morgan Stanley stated that JD Group has raised its revenue and profit growth expectations for the group and retail business (JDR) in 2025 to double digits, which is good for the stock price. However, the lack of loss guidance for the delivery business may lead to further downward revisions in profit expectations for the remaining time in 2025. Analysts, including Eddy Wang, forecast a 13% year-on-year increase in JD's total revenue in 2025. The bank has lowered its profit forecasts for JD in 2025, 2026, and 2027 by 14%, 7%, and 5% respectively to reflect investments in the delivery business. It maintains a "neutral" rating and lowers the target price for American Depositary Receipts to $39.