Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
Nomura: JD.com's core business resilience stands out, target price raised to $40

Nomura: JD.com's core business resilience stands out, target price raised to $40

金十金十2026/03/09 04:53
Show original
Golden Ten Data reported on March 9 that Nomura analysts stated in a research report that JD.com (JD.O) has an optimistic outlook due to the resilience of its core business. Although revenue in the fourth quarter declined by 2% year-on-year, JD.com's retail business performed impressively. They added that losses from new businesses, including food delivery, may narrow this year. Citing management, they pointed out that investment in the food delivery sector will shrink by 2026, while the company will increase monetization through commission fees and advertising services. The analysts maintained a "Buy" rating and raised the target price of its American Depositary Receipts (ADR) from $37.00 to $40.00. JD.com's ADR closed at $27.03 in the previous trading day.
0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

Samsung increases investment in AI infrastructure! Invests 1 billion USD in Helix Digital, owned by KKR (KKR.US)

Several subsidiaries of Samsung Group have agreed to invest a total of $1 billion in Helix Digital, a U.S. company backed by private equity giant KKR, further expanding the Korean conglomerate's presence in the rapidly growing artificial intelligence infrastructure market.

智通财经•2026/09/29 01:26

More than 20 billions spent this year! Eli Lilly (LLY.US) CEO: We will target “white spaces” in pharmaceuticals and continue to pursue larger-scale mergers and acquisitions.

Eli Lilly CEO Dave Ricks stated that investors can expect the company to pursue larger-scale deals, as it is extensively searching for assets in the "white spaces" of the scientific field.

智通财经•2026/09/29 01:11

Is the “AI bank run” coming? Apollo warns: AI assistants may drain banks' cheap deposits, which will pose risks to the financial system

Torsten Slok, Chief Economist at Apollo Global Management, stated that if consumers begin to heavily rely on AI assistants such as Muse under Meta and transfer cash to higher-yielding accounts, it could pose risks to the financial system.

智通财经•2026/09/29 00:26