Susquehanna Maintains a Hold on JD.com (JD) With a $32 PT

JD.com, Inc. (NASDAQ:JD) is one of the best cheap strong buy stocks to buy now. In a report released on August 18, Shyam Patil from Susquehanna maintained a Hold rating on JD.com, Inc. (NASDAQ:JD) with a price target of $32.00.

The rating update came after JD.com, Inc. (NASDAQ:JD) reported its fiscal Q2 2025 results on August 14, with net revenues for the quarter reaching RMB356.7 billion ($49.8 billion), up 22.4% compared to fiscal Q2 2024.

JD.com, Inc. (NASDAQ:JD) reported RMB6.2 billion ($0.9 billion) in net income attributable to the company’s ordinary shareholders, compared to RMB12.6 billion in the same quarter last year.

JD.com, Inc. (NASDAQ:JD) is an e-commerce company that deals with online retail and online marketplace through its retail website and mobile application. Its operations are divided into four segments: JD Retail, JD Logistics, Dada, and the New Businesses segment.

The JD Retail segment is engaged in online retail, marketing services, and online marketplace in China, while the JD Logistics segment covers internal and external logistics businesses. The Dada segment is a local on-demand delivery and retail platform in China. The New Businesses segment, in contrast, manages JD Property, Jingxi, and overseas businesses.

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