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<Research> BOCI Raises JD.com, Inc. (JD.US) TP to USD38; 1Q26 Results Beat
Recommend 12 Positive 12 Negative 13 |
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BOCI issued a report stating that JD-SW (09618.HK) delivered better-than-expected results for 1Q26. Total revenue for the quarter increased 5% YoY, while adjusted net profit reached RMB7.4 billion, exceeding market expectations by 1% and 38%, respectively. The broker believes the visibility of the companys sustainable profit growth has strengthened, driven by healthy earnings momentum in its core retail segment, accelerated revenue diversification from three key new business initiatives, and improved cost efficiency from prudent long-term investments, leading to enhanced unit economics. Coupled with the companys firm execution of shareholder return measures, BOCI raised its US target price for JD.com, Inc. (JD.US) from USD34 to USD38 and maintained a Buy rating. (ha/u) Auto-translated by AI This article was automatically translated by AI, the original language version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. More Details
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