JD.com's aggressive 'Low Price' strategy has failed to sustain top-line momentum, with revenue growth decelerating to -3.2% in 2026Q2, while its 1P retail model structurally constrains gross margins to 17.0%, preventing meaningful operating leverage. The compa...
Price trend, volume and key moving averages
Start with the evidence for owning the stock and the risks that can break the thesis.
Revenue growth has decelerated sharply to -3.2% in 2026Q2, while a gross margin of 17.0% remains structurally capped by the 1P model, preventing operating leverage as SG&A consumes nearly all gross profit.
Despite recent stock depreciation, JD's strong fundamentals and undervaluation support the bullish thesis.
JD's focus on high-margin electronics is expected to drive profitability and growth.
Authorities' rebate programs are providing tailwinds for JD's business performance.
Trailing total returns as of 9/23/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q3 2026Latest Aug 13, 2026 | $0.93+8.1% vs $0.86 | $51.0B+1.2% vs $50.4B |
Q2 2026 May 12, 2026 | $0.74+29.8% vs $0.57 | $45.8B+1.3% vs $45.2B |
Q2 2026 Mar 5, 2026 | $0.08+14.3% vs $0.07 | $50.4B+0.2% vs $50.3B |
Q4 2025 Nov 13, 2025 | $0.52+13.0% vs $0.46 | $42.0B-15.5% vs $49.7B |
Zacks.com users have recently been watching JD.com (JD) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
In the closing of the recent trading day, JD.com, Inc. (JD) stood at $26.92, denoting a +1.05% move from the preceding trading day.
Shares of Alibaba Group (NYSE:BABA | BABA Price Prediction) are climbing in Friday morning trading, leading a broader lift across U.S.-listed Chinese internet names. Alibaba stock is up 3% to $111.39.
JD.com remains deeply undervalued, with intrinsic value estimates of $50-60 versus a ~$27 share price. Despite a 2.9% YoY revenue decline in Q2/26, JD delivered strong free cash flow growth and improved operating margins. The company's balance sheet is robust, with $26.8B in cash and marketable securities—almost 70% of its market cap—supporting aggressive buybacks.
Benchmark JD against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for JD.com, Inc. (JD)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $27.38 | $38.44B | 14.21 | 12.97% | 1.5% | 6.47% | 3.8% | |
| $116.27 | $271.34B | 17.70 | 2.74% | 7.04% | 6.6% | — | |
| $80.35 | $114.37B | 8.25 | 9.65% | 24.59% | 27.29% | — | |
| $12.67 | $6.23B | 6.00 | -2.31% | 9.81% | 22.77% | — | |
| $2.99 | $173.8M | -4.94 | 5.55% | -1.53% | -2.92% | — | |
| $254.98 | $2.74T | 35.56 | 12.38% | 17.44% | 30.5% | — |
JD.com, Inc. (JD) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
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JD.com, Inc. (JD) stock FAQ — growth, dividends, profitability & financials explained
JD.com, Inc. (JD) reported $1.31T in revenue for fiscal year 2025. This represents a 6103% increase from $21.13B in 2011.
JD.com, Inc. (JD) grew revenue by 13.0% over the past year. This is steady growth.
Yes, JD.com, Inc. (JD) is profitable, generating $14.74B in net income for fiscal year 2025 (1.5% net margin).
Yes, JD.com, Inc. (JD) pays a dividend with a yield of 3.80%. This makes it attractive for income-focused investors.
JD.com, Inc. (JD) has a return on equity (ROE) of 6.5%. This is below average, suggesting room for improvement.
JD.com, Inc. (JD) generated $31.32B in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.
