JD.com (JD, Financial) experienced a significant stock price increase of 5.01%, reaching $40.64 per share with a trading volume of 5.89 million shares. The turnover rate was 0.41%, and the price fluctuation was 2.71%. Recent earnings reports show JD.com achieved $36.33 billion in revenue, $1.64 billion in net profit, and earnings per share of $1.12, with a gross profit of $6.25 billion. The company's price-to-earnings ratio stands at 12.65.
In terms of analyst ratings, 96% of the 45 participating institutions recommended buying JD.com stock, while 4% suggested holding, with no sell recommendations. Within the internet retail sector, the overall increase was 0.24%. Notable performers in this sector include Beyond, Inc., Meitu Technology, and Nft Limited, with Beyond, Inc. showing a significant amplitude of 14.29%.
JD.com is a leading e-commerce platform in China, with a gross merchandise volume comparable to Pinduoduo in 2022, though still below Alibaba. The company offers a wide range of authentic products with reliable and fast delivery. JD.com has developed its national distribution infrastructure and last-mile delivery network, supported by its employees.
Recent news from Bank of America has impacted JD.com, highlighting that its fiscal year 2024 performance met expectations. However, it adjusted its 2025 copper production guidance, indicating tight supply. Gold production aligned with guidance, silver exceeded expectations, but zinc/lead production fell short.
