JD.com, Inc. (NASDAQ:JD) ranks among the best Asian stocks to buy. Citing increased food delivery spending projections, CFRA reduced its price target on JD.com, Inc. (NASDAQ:JD) from $37 to $36 on August 15 while retaining a Buy rating on the company’s shares.
The firm reduced its 2025/2026 earnings per ADS expectations to CNY11.11/CNY18.44 from CNY11.69/CNY19.41, citing higher investment in JD.com’s growing food delivery operation, which encountered 25 million daily orders by late June.
According to CFRA, JD.com’s revenue will likely rise by 20% in 2025 and 15% in 2026. This growth is expected to be fueled by the company’s rapid foray into the food delivery market, as well as e-commerce expansion bolstered by more affordable products, China’s expanded home appliance trade-in program, and government subsidies for electronics transactions.
JD.com, Inc. (NASDAQ:JD) is a leading Chinese e-commerce company that focuses on computers and other electronic products, all the while serving as a supply chain-focused technology provider. Using its logistics network, JD.com has established itself as a major player in China’s online retail market.
While we acknowledge the potential of JD as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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Disclosure: None. This article is originally published at Insider Monkey.