BofA cuts target from USD 38.00 to USD 37.00 for JD.com stock

Published on 10/15/2026 at 19:25 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue fell 2.90 percent to USD 50.99 billion. JD.com stock costs EUR 24.33 on October 15, 2026 at 7:12 p.m. CEST.

Analyst view and valuation

BofA Securities lowered its JD.com target from USD 38.00 to USD 37.00 on October 13, 2026.
Second-quarter revenue reached USD 50.99 billion, down 2.90 percent year over year.
JD.com stock costs EUR 24.33 at Lang & Schwarz on October 15, 2026 at 7:12 p.m. CEST.
JD.com had a price-to-earnings ratio of 17.50 and a market capitalization of USD 36.9 billion on October 15, 2026.

JD, US47215P1066, Illustration mit AI erstellt.

BofA Securities lowered its price target for JD.com from USD 38.00 to USD 37.00 on October 13, 2026, according to Investing.com. Against the Nasdaq price of USD 27.29 on October 15, 2026, the new target stands 35.58 percent higher. The euro quotation was EUR 24.33 at Lang & Schwarz on October 15, 2026 at 7:12 p.m. CEST.

Second-quarter revenue declined

JD.com generated USD 50.99 billion in revenue in the second quarter of 2026, down 2.90 percent from the same period a year earlier. MarketBeat reported that adjusted earnings per share reached USD 0.93, beating a USD 0.86 consensus estimate, while net margin was 1.13 percent. The revenue decline gives the analyst target its central tension: BofA expects third-quarter revenue to return to growth as difficult comparisons ease.

Price position and volume

JD.com traded between USD 26.68 and USD 27.34 on Nasdaq on October 15, 2026, with volume of 4,612,569 shares against an average of 7,436,915. The USD 27.29 price stood 22.16 percent below the 52-week high of USD 35.06 and above the 52-week low of USD 24.51.

On October 14, 2026, UOB Kay Hian Hong Kong forecast third-quarter revenue growth of 3.50 percent to RMB 309.60 billion and maintained a HKD 148.00 target. The research firm expects JD Retail revenue to grow 3.00 percent year over year, while new-business losses narrow.

Valuation and reporting date

JD.com had a price-to-earnings ratio of 17.50 and a market capitalization of USD 36.9 billion on October 15, 2026. The next quarterly report is expected in mid-November, according to UOB Kay Hian Hong Kong on October 14, 2026. The report forecasts a 3.50 percent revenue increase for the third quarter of 2026.

Comparison with peers

JD.com (Nasdaq, USD): price-to-earnings ratio 17.50, market capitalization USD 36.9 billion.

PDD Holdings (Nasdaq, USD): plus 1.15 percent, price-to-earnings ratio 8.72, market capitalization USD 117.3 billion.

Alibaba Group (NYSE, USD): minus 0.96 percent, price-to-earnings ratio 24.45, market capitalization USD 272.5 billion.

Euro quote in the evening

JD.com remains below its 52-week high in the primary US quotation, while its analyst target is USD 37.00. The German euro quote stood at EUR 24.33 at Lang & Schwarz on October 15, 2026 at 7:12 p.m. CEST.

The further course of trading is shown by the continuously updated real-time quote of JD.com stock.