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JD

JD.com Inc Adr

NASDAQ: JD · CONSUMER CYCLICAL · INTERNET RETAIL

$29.70
-0.10% today

Updated 2026-04-29

Market cap
$40.56B
P/E ratio
15.71
P/S ratio
0.03x
EPS (TTM)
$1.89
Dividend yield
3.37%
52W range
$24 – $37
Volume
10.2M
OverviewPrice TargetsFinancialsValuationInsidersEarnings

JD.com Inc Adr (JD) Financial Forecast & Price Target 2030

Research-backed projections from analyst consensus, management guidance, and sector analysis.

Price target summary

Current
$29.70
Consensus
$38.64
+30.10%
2030 Target
$14,972.81
+50313.50%
DCF
—
—
11 analysts:
7 Buy3 Hold1 Sell

Management guidance

No specific CEO revenue targets disclosed in available data. Latest analyst consensus projects FY2026 revenue of 1.40T CNY (6.63% growth) and FY2027 revenue of 1.49T CNY (6.45% growth). Management has emphasized strategic investments in food delivery, logistics, and international expansion (Joybuy Europe launch) as growth drivers, but has not provided explicit revenue guidance beyond 2027.

Sources: Management guidance, analyst consensus, sector analysishigh confidence

Revenue & price projection

Actual revenue Projected revenue Base case Bull to bear range
Bull case (2030)
$24,953.73
$1805.0B Rev × 20x P/S
Base case (2030)
$14,972.81
$1805.0B Rev × 12x P/S
Bear case (2030)
$9,980.92
$1805.0B Rev × 8x P/S

Financial forecast — research-backed

Metric2023202420252026 (E)2027 (E)2028 (E)2029 (E)2030 (E)
Revenue$1084.7B$1158.8B$1309.1B$1400.0B$1490.0B$1585.0B$1690.0B$1805.0B
Revenue growth—6.8%13.0%6.6%6.4%6.4%6.6%6.8%
EPS$22.15$31.11$16.85$11.75$16.95$21.50$27.10$33.80
P/S ratio———12.0x12.0x12.0x12.0x12.0x
Implied price———$11,611.68$12,360.18$13,148.52$14,019.40$14,972.81

Catalysts & risks

Growth catalysts
+ Joybuy marketplace expansion in Europe and UK (launched March 2026) to diversify revenue beyond China
+ Food delivery and instant commerce profitability improvement as market competition stabilizes
+ International expansion strategy including potential Ceconomy acquisition to establish European retail footprint
+ Logistics network optimization and JDT (JD Technology) monetization through third-party carrier services
+ AI and cloud computing initiatives through JD Cloud driving higher-margin revenue streams
Key risks
- China e-commerce market maturation and slowing domestic growth (Q4 2025 showed only 1.5% quarterly growth)
- Intense competition from Alibaba, Meituan, and PDD in food delivery causing margin compression (Q4 2025 net loss of 2.7B yuan)
- Geopolitical tensions and regulatory uncertainty affecting international expansion plans
- Currency headwinds from CNY volatility impacting reported USD revenue and profitability
- High capital intensity of logistics and delivery infrastructure limiting near-term margin recovery

Methodology

JD.com Inc Adr's forward estimates are derived from AI-powered research synthesis combining analyst consensus from 11 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts from industry research. Revenue and EPS projections use analyst consensus where available and conservative extrapolation with growth deceleration for outer years. Price targets are calculated using a tiered Price-to-Sales (P/S) methodology, where the P/S multiple is determined by the projected revenue growth rate.

WallStSmart proprietary research model · Not financial advice · Past performance is not indicative of future results · Last researched: April 7, 2026.