As those concerns grew, JD stock dropped. From $50 in early 2018, to $20 by late 2018. But that slowing growth, compressing-margin narrative has changed course over the past several months.
Full Answer
Is JD worth investing in?
The stock is still attractively valued If JD overcomes all those challenges, its stock could rally a lot higher. But for now, I wouldn't rush to invest in JD. This market is already tough for most tech stocks, and JD still faces too many near-term headwinds to be considered a worthwhile investment.
Is JD Com a good buy in 2021?
Since October 2021, SA authors have rated JD stock as a 'Buy' or 'Strong Buy'. The consensus rating by Wall Street analysts is 'Strong Buy', the same for the quant rating for JD.
Is JD com stock undervalued?
The company also has a very healthy balance sheet with huge amounts of cash and cash equivalents that can be used for share buybacks or growth initiatives. In my opinion, JD remains deeply undervalued at this point.
Is JD a good long term stock?
As per TipRanks analyst rating consensus, JD stock is a Strong Buy. Out of 15 analyst ratings, there are 14 Buy recommendations and one Hold recommendation. The average JD.com price target of $106.67.
Will JD stock go up?
The 42 analysts offering 12-month price forecasts for JD.Com Inc have a median target of 80.69, with a high estimate of 115.20 and a low estimate of 55.49. The median estimate represents a +25.89% increase from the last price of 64.09.
Will JD get delisted?
JD.com, Pinduoduo Among 80 Firms Added to US Delisting Register.
Is JD Com A Chinese stock?
JD.com, Inc. (Chinese: 京东; pinyin: Jīngdōng), also known as Jingdong and formerly called 360buy, is a Chinese e-commerce company headquartered in Beijing.
Is JD com profitable?
In 2022, analysts expect JD's revenue to rise 22% as it turns profitable again. In 2023, they expect its revenue to grow another 17% as its net income doubles.
Why is JD losing money?
HONG KONG -- Slowing economic growth and higher costs knocked Alibaba rival JD.com to its first annual loss in three years, sending its Nasdaq-listed shares down more than 18% at one point amid heavy selling in Chinese tech stocks.
Is Kingsoft cloud a buy?
Kingsoft Cloud has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 1 buy rating, 3 hold ratings, and 1 sell rating.
Who has invested in JD com?
Alphabet invested $550 million in JD.com in 2018, focused on the creation of next-generation retail infrastructure services. In addition, JD.com is focused on being a leading supply-chain-based technology and services provider. Altogether, JD has many similarities to Amazon. It's primary competitor is Alibaba.
Is Canaan a buy or sell?
The Canaan Inc. stock holds a buy signal from the short-term moving average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock.
Who is JD's investor?
But JD still has some big backers in its corner. Two of its top investors are Tencent ( OTC:TCEHY) and Walmart ( NYSE:WMT). Tencent integrates JD Mall into WeChat, the most popular messaging platform in China with over 1.1 billion monthly active users, while Walmart offers pickup points for JD at its stores, pools its customer data with JD's, and offers grocery delivery services with JD through a joint venture.
What is JD.com?
Follow him on Twitter for more updates! JD.com ( NASDAQ:JD), the largest direct retailer and second largest e-commerce player in China, has struggled over the past two years with slowing sales growth, rising expenses, a rape allegation against founder and CEO Richard Liu, and escalating trade tensions between the U.S. and China.
What is JD's long term plan?
JD is different from Alibaba ( NYSE:BABA) in two main ways: It takes possession of the goods sold on its platform, and it fulfills orders with its own warehouses and logistics network.
Does JD have a lower margin than Alibaba?
JD has much lower operating margins than Alibaba, but it plans to expand its long-term margins with three main strategies. First, it's automating its fulfillment and logistics services with warehouse robots, delivery drones, and autonomous delivery vehicles.
