CFRA Lifts JD.com (JD) Target to $37, Reiterates Buy Rating

JD.com, Inc. (NASDAQ:JD) is one of the Chinese tech stocks to buy now. On November 17, CFRA lifted its price target for JD.com, Inc. (NASDAQ:JD) stock from $36 to $37. The firm reiterated a Buy rating on the shares, and it projects that JD.com’s revenue will expand by 14% by year-end this year, and then 5% in 2026. CFRA also forecasts JD.com’s net margin to contract to 1.9% in 2025 from 3.6% in 2024 due to pressures from food delivery investments. But the net margin could recover to 2.3% next year.

CFRA Lifts JD.com (JD) Target to $37, Reiterates Buy Rating

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Separately, Jingdong Industrials, the logistics technology arm of JD.com, is preparing for a Hong Kong IPO from which it expects to raise about $500 million. Jingdong Industrials applied for listing in early 2023 but faced regulatory delays – it was not until September 2025 that China’s securities regulator gave the greenlight. The company stated that the IPO’s proceedings will go to strengthening supply chain capabilities, investing in AI technologies, and expanding internationally. The IPO is expected to launch late this year.

JD.com, Inc. (NASDAQ:JD) is one of China’s largest e-commerce and technology companies. It operates an extensive online retail platform supported by advanced logistics, supply chain management, and cloud services. JD.com also develops cloud computing and AI solutions.

While we acknowledge the potential of JD.com, Inc. (NASDAQ:JD) as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than JD and that has 100x upside potential, check out our report about the cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.