Mizuho Raises PT on JD.com (JD) stock

JD.com, Inc. (NASDAQ:JD) is one of the Best Bargain Stocks to Buy in November. On October 22, Mizuho analyst Wei Fang lifted the price target on the company’s stock to $41 from $40, while keeping an “Outperform” rating, as reported by The Fly. Notably, the firm’s channel checks demonstrate healthy Q3 delivery order growth as compared to Q2, thanks to the increased incentives.

In a separate release, it was mentioned that JD.com, Inc. (NASDAQ:JD) remains confident that its core retail business will be a solid cornerstone of its operations as it continues to emphasize delivering the best user experience, reducing costs, and improving efficiency.

At the same time, JD.com, Inc. (NASDAQ:JD) will continue to invest in new growth areas in alignment with its long-term strategic roadmap.

Elsewhere, on October 20, BofA lifted the firm’s price target on the company’s stock to $39 from $37, while keeping a “Buy” rating ahead of the Q3 report, as reported by The Fly. The firm has been fine-tuning its 2025, 2026, and 2027 revenue growth estimates.

Ariel Investments, an investment management company, released its Q2 2025 investor letter. Here is what the fund said:

“Alternatively, China-based e-commerce company, JD.com, Inc. (NASDAQ:JD) declined during the quarter primarily due to concerns surrounding the company’s aggressive expansion into the highly competitive food delivery business. Specifically, the magnitude of investment and incremental return on the initiative remains unclear. Meanwhile, the core e-commerce business continues to deliver strong results highlighted by double-digit top line growth and margin expansion. Although the valuation remains attractive and the core business is doing well, we have trimmed the position to reflect our emerging concerns.”

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