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.

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

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