Wall Street analyst estimates for JD.com, Inc. (JD): consensus price target and buy/hold/sell recommendations.
JD.com, Inc. is a prominent technology and service provider based in the People's Republic of China, distinguished by its robust, supply chain-centric operations. The company's retail segment offers a comprehensive array of products. This includes computing devices, communication equipment, and various consumer electronics, alongside a broad selection of home appliances.
Consensus price target
$35.38 (+39 % vs price $25.39)
between $27.00 and $40.00 · 4 targets published in the last quarter
Closing price, Oct 28
A twelve-month target is not a fair value: compare it with the range in the Valuation tab.
Analyst Consensus
| Strong Buy | 0 |
| Buy | 32 |
| Hold | 13 |
| Sell | 1 |
| Strong Sell | 0 |
| Total analysts | 46 |
| Avg rating (−2 sell to +2 buy) | 0.67 |
Recent Earnings Surprises
| Date | EPS Actual | EPS Est. | vs Est. |
|---|---|---|---|
| 2026-11-12 | $0.89 | ||
| 2026-08-13 | $0.93 | $0.86 | +8.1% |
| 2026-05-12 | $0.74 | $0.57 | +29.8% |
| 2026-03-05 | $0.08 | $0.07 | +14.3% |
| 2025-11-13 | $0.52 | $0.46 | +13.0% |
| 2025-08-14 | $0.69 | $0.50 | +38.0% |
| 2025-05-13 | $1.16 | $1.05 | +10.5% |
| 2025-03-06 | $1.02 | $0.90 | +13.3% |
Valuation Ratios
| P/E Ratio | 15.61 |
| Price / Book | 1.03 |
| EV / EBITDA | 8.21 |
| Dividend Yield | 3.95% |
Income Statement (10y)
| Year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 260.12B CNY | 362.33B CNY | 462.02B CNY | 576.89B CNY | 745.80B CNY | 951.59B CNY | 1.05T CNY | 1.08T CNY | 1.16T CNY | 1.31T CNY |
| Cost of Revenue | 220.70B CNY | 311.52B CNY | 396.07B CNY | 492.47B CNY | 636.69B CNY | 822.53B CNY | 899.16B CNY | 924.96B CNY | 1.05T CNY | 1.19T CNY |
| Gross Profit | 39.42B CNY | 50.81B CNY | 65.95B CNY | 84.42B CNY | 109.11B CNY | 129.07B CNY | 147.07B CNY | 159.70B CNY | 113.44B CNY | 121.85B CNY |
| Research & Development | 5.38B CNY | 6.65B CNY | 12.14B CNY | 14.62B CNY | 16.15B CNY | 16.33B CNY | 16.89B CNY | 16.39B CNY | 17.03B CNY | 22.23B CNY |
| Selling, General & Admin | 36.19B CNY | 45.00B CNY | 56.41B CNY | 27.72B CNY | 33.56B CNY | 50.30B CNY | 48.83B CNY | 49.84B CNY | 56.84B CNY | 95.93B CNY |
| Operating Expenses | 41.57B CNY | 51.65B CNY | 68.55B CNY | 75.43B CNY | 96.77B CNY | 124.92B CNY | 127.35B CNY | 133.68B CNY | 74.71B CNY | 119.08B CNY |
| Operating Income | -2.14B CNY | -835.5M CNY | -2.62B CNY | 8.99B CNY | 12.34B CNY | 4.14B CNY | 19.72B CNY | 26.02B CNY | 38.74B CNY | 2.77B CNY |
| EBITDA | 2.16B CNY | 5.28B CNY | 4.04B CNY | 20.25B CNY | 58.01B CNY | 4.87B CNY | 23.21B CNY | 42.82B CNY | 48.47B CNY | 37.87B CNY |
| Interest Expense | 618.6M CNY | 963.7M CNY | 854.5M CNY | 725.0M CNY | 1.13B CNY | 1.21B CNY | 2.11B CNY | 2.88B CNY | 2.90B CNY | 2.80B CNY |
| Pre-tax Income | -1.88B CNY | 121.0M CNY | -2.37B CNY | 13.69B CNY | 50.82B CNY | -2.58B CNY | 13.87B CNY | 31.65B CNY | 51.54B CNY | 25.32B CNY |
| Income Tax | 166.4M CNY | 139.6M CNY | 426.9M CNY | 1.80B CNY | 1.48B CNY | 1.89B CNY | 4.18B CNY | 8.39B CNY | 6.88B CNY | 2.18B CNY |
| Net Income | -2.00B CNY | 128.8M CNY | -2.49B CNY | 12.18B CNY | 49.41B CNY | -3.56B CNY | 10.38B CNY | 24.17B CNY | 41.36B CNY | 19.63B CNY |
| EPS | $-2.40 | $0.10 | $-1.74 | $8.36 | $32.70 | $-2.30 | $6.64 | $15.38 | $26.90 | $13.78 |
| EPS (Diluted) | $-2.40 | $0.08 | $-1.74 | $8.22 | $31.78 | $-2.30 | $6.42 | $15.24 | $26.90 | $12.90 |
| Shares Outstanding (Diluted) | 1,402.4 M | 1,455.7 M | 1,439.0 M | 1,483.7 M | 1,554.5 M | 1,553.7 M | 1,590.4 M | 1,585.3 M | 1,538.0 M | 1,489.0 M |
Price
| Price | $25.39 (closing price, October 28, 2026) |
| Market Cap | $34.3B |
| Exchange | NASDAQ |
| Country | CN |
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Explore sector: Consumer Cyclical · Specialty Retail
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