JD.com Inc. (NASDAQ: JD) is -27.95% lower on its value in year-to-date trading and has touched a low of $33.17 and a high of $68.29 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The JD stock was last observed hovering at around $40.11 in the last trading session, with the day’s gains setting it 0.33% off its average median price target of $493.99 for the next 12 months. It is also 93.81% off the consensus price target high of $653.79 offered by 51 analysts, but current levels are 78.51% higher than the price target low of $188.17 for the same period.
Currently trading at $40.44, the stock is -14.18% and -26.45% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 10.79 million and changing 0.82% at the moment leaves the stock -27.23% off its SMA200. JD registered -13.61% loss for a year compared to 6-month loss of -34.55%.
From Robots to Self-Driving Cars: 5 AI Stocks to Consider for Your Portfolio
The artificial intelligence (AI) revolution is already here and it's about to change everything we know about everything. With the global market for AI projected to grow from $137 billion in 2022 to over $1.81 trillion by 2030, there's never been a better time to invest in this burgeoning industry. That's why we've compiled a list of the Top 5 AI Stocks to Buy for 2023. These companies are at the forefront of the AI revolution, and have the potential to deliver huge returns to investors like you.
Get our free report, "Top 5 AI Stocks to Buy for 2023".
Sponsored
The stock witnessed a -22.66% gain in the last 1 month and extending the period to 3 months gives it a -30.66%, and is -13.16% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.80% over the week and 3.42% over the month.
JD.com Inc. (JD) has around 385357 employees, a market worth around $72.11B and $150.26B in sales. Current P/E ratio is 43.34 and Fwd P/E is 10.67. Profit margin for the company is 1.00%. Distance from 52-week low is 21.92% and -40.78% from its 52-week high. The company has generated returns on investments over the last 12 months (4.70%).
JD.com Inc. (JD) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for JD.com Inc. (JD) is a “Buy”. 51 analysts offering their recommendations for the stock have an average rating of 1.80, where 6 rate it as a Hold and 8 think it is a “Overweight”. 36 of the analysts rate the stock as a “Buy”. 1 analysts have rated the stock as a Sell or Underperform.
JD.com Inc. is expected to release its quarterly report on 05/18/2023.The EPS is expected to grow by 384.80% this year.
JD.com Inc. (JD) Top Institutional Holders
The shares outstanding are 1.57B, and float is at 1.28B with Short Float at 1.17%.
JD.com Inc. (JD): Who are the competitors?
The company’s main competitors (and peers) include LightInTheBox Holding Co. Ltd. (LITB) that is trading 26.04% up over the past 12 months and Alibaba Group Holding Limited (BABA) that is -3.30% lower over the same period. Leju Holdings Limited (LEJU) is -78.04% down on the 1-year trading charts.
