JD.com (JD) Sees Pre-Market Rise Amid Positive Earnings Forecast

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Jan 22, 2025
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JD.com (JD, Financial) experienced a 1.25% increase in pre-market trading, with shares priced at $38.98. According to a recent report by Bank of America Securities, JD.com is expected to announce its fourth-quarter earnings in early March. The report predicts a 10.1% year-on-year revenue increase to 337 billion yuan, which surpasses the market consensus by 3%.

Looking ahead to 2025, and following a strong 2024 baseline, Bank of America forecasts JD's revenue to grow annually by 6.7%. Additionally, the non-GAAP net profit is anticipated to rise by 10% to 51 billion yuan. The firm maintains a "buy" rating on JD.com, indicating confidence in its continued growth and profitability.

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