11 Best Internet Retail Stocks to Buy According to Analysts

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9. JD.com, Inc. (NASDAQ:JD)

Analyst Upside: 56.37%

Number of Hedge Fund Holders: 78

JD.com, Inc. (NASDAQ:JD) is an e-commerce company that deals with online retail and online marketplace through its retail website and mobile application. Its operations are divided into four segments: JD Retail, JD Logistics, Dada, and New Businesses segment. The JD Retail segment is engaged in online retail, marketing services, and online marketplace in China, while the JD Logistics segment covers internal and external logistics businesses. The Dada segment is a local on-demand delivery and retail platform in China. The New Businesses segment, in contrast, manages JD Property, Jingxi, and overseas businesses.

On April 16, analyst Joyce Ju from Bank of America Securities reiterated a Buy rating on JD.com Inc. (NASDAQ:JD) and set a $48.00 price target. According to the analyst, the company is anticipated to attain double revenue growth in Q1 2025, supported by growth in sales of home appliances, electronics, and general merchandise. The analyst also opined that a favorable product mix and improved supply chain efficiencies are further expected to boost JD.com Inc.’s (NASDAQ:JD) profitability.

JD.com, Inc. (NASDAQ:JD) has strong operations. For fiscal Q4 2024, the company reported net revenues of around $147.5 billion, reflecting a 13.4% increase from fiscal Q4 2023. The company is also expanding its JD Logistics segment globally, as it is a significant component of JD.com, Inc. (NASDAQ:JD) ‘s overall success. It is doubling its warehouse capacity by 2025 and is focusing investments on AI and automation to boost efficiency and streamline customer experience. These technologies include 5G-powered smart logistics parks and intelligent warehousing systems.

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