Citi Raised the Firm’s PT on JD.com (JD), Kept a Buy Rating

JD.com, Inc. (NASDAQ:JD) is one of the Undervalued Cyclical Stocks to Buy According to Hedge Funds. On August 14, Citi analyst Alicia Yap raised the firm’s price target on JD.com, Inc. (NASDAQ:JD) from $42 to $44, while maintaining a Buy rating on the stock.

The improved sentiment for the company follows its announcement of robust fiscal second-quarter 2025 results. JD.com, Inc. (NASDAQ:JD) delivered RMB356.7 billion in revenue for the quarter, up 22.4% year-over-year, exceeding Wall Street estimates. Management noted that its Retail segment showed solid performance with revenue growing 20.6% and operating margins improving 4.5%. This was its highest margin in any promotional quarter.

Citi Raised the Firm’s PT on JD.com (JD), Kept a Buy Rating

A wide and imposing view of a supply chain distribution center, illustrating the company’s technology capabilities.

JD.com, Inc. (NASDAQ:JD) is an e-commerce company operating through its retail mobile apps and website, offering online retail and marketplace services.

While we acknowledge the potential of JD to grow, 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 this cheapest AI stock.

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