JD.com stock forecast 2026–2030
Analysts' average 12-month price target for JD.com is 35.38, 21.5% above the current price of 29.13. Their targets range from 27.00 to 40.00.
Of the 8 firms that rated JD.com in the past 12 months, 6 rate it buy or strong buy, 2 hold and 0 sell or strong sell (each firm at its latest rating): a Buy consensus.
Analysts' 1-year price targets range from 27.00 to 40.00, with an average of 35.38.
| Strong buy | 0 | |
| Buy | 6 | |
| Hold | 2 | |
| Sell | 0 | |
| Strong sell | 0 |
12-month price target
| Highest target | 40.00 |
| Average target | 35.38 |
| Lowest target | 27.00 |
| Current price | 29.13 |
JD.com price target history
Have analysts recently raised or lowered their JD.com price target and rating?
How analysts rate JD.com, month by month
6 of 8 firms rate it buy now, against 7 of 10 in December 2025.
Each month: every firm at its latest rating from the 12 months before. Strong buys count as buys, strong sells as sells.
JD.com analyst upgrades, downgrades and price targets
The latest rating change came on 24 June 2026, when Daiwa Capital downgraded JD.com from Buy to Hold. The most recent new target came from Barclays on 14 October 2026: 38.00.
| Date | Firm | Rating | Price target | Change | Price then |
|---|---|---|---|---|---|
| 14 Oct 2026 | Barclays | Reiterated · Overweight | 43.00 → 38.00 | -11.6% | 26.78 |
| 13 Oct 2026 | UBS | — | 33.00 → 37.00 | +12.1% | 26.72 |
| 7 Sept 2026 | Arete Research | — | 37.00 → 30.00 | -18.9% | 28.26 |
| 14 Aug 2026 | Mizuho Securities Wei Fang | — | 41.00 → 39.00 | -4.9% | 29.30 |
| 13 Jul 2026 | Macquarie | — | 35.00 → 37.00 | +5.7% | 28.97 |
| 24 Jun 2026 | Daiwa Capital | Downgraded · Buy → Hold | — | — | — |
| 23 Jun 2026 | Daiwa | Downgraded · Buy → Hold | 27.00 | — | 26.26 |
| 14 May 2026 | Susquehanna Shyam Patil | Reiterated · Neutral | 30.00 → 35.00 | +16.7% | 33.16 |
| 14 May 2026 | Barclays | Reiterated · Overweight | 43.00 | — | 33.77 |
| 13 May 2026 | Bernstein Robin Zhu | Reiterated · Outperform | 36.00 → 40.00 | +11.1% | 31.49 |
| 17 Apr 2026 | Arete Research | — | 32.00 → 37.00 | +15.6% | 31.85 |
| 16 Apr 2026 | Bernstein Robin Zhu | Reiterated · Outperform | 38.00 → 36.00 | -5.3% | 31.47 |
| 14 Apr 2026 | Macquarie | — | 25.00 → 35.00 | +40.0% | 31.25 |
| 9 Mar 2026 | Susquehanna | Reiterated · Neutral | 45.00 → 30.00 | -33.3% | 27.47 |
| 5 Mar 2026 | UBS | — | 51.00 → 33.00 | -35.3% | 25.47 |
| 5 Mar 2026 | Morgan Stanley Eddy Wang | — | 39.00 → 22.00 | -43.6% | 25.47 |
| 5 Mar 2026 | Macquarie Ellie Jiang | — | 25.00 | — | 25.47 |
| 29 Dec 2025 | HSBC Peishan Wang | — | 37.00 | — | 29.40 |
| 9 Dec 2025 | Arete Research | — | 41.00 → 32.00 | -22.0% | 29.92 |
| 14 Nov 2025 | Bernstein Robin Zhu | — | 46.00 → 38.00 | -17.4% | 29.75 |
JD.com EPS and revenue estimates
Revenue
EPS
Does JD.com beat earnings estimates?
On average, analysts' EPS estimate was 20.4% off the result, either way, and their revenue estimate 4.7%, over the last 12 quarters.
- EPS beats
- 38 / 45
- Revenue beats
- 15 / 18
- Average EPS surprise, last 12
- +20.4%
- Since
- August 2014
| Quarter | Report date | EPS estimate | Reported EPS | Surprise | Revenue estimate | Reported revenue | Surprise |
|---|---|---|---|---|---|---|---|
| Q2 FY2026 | 13 Aug 2026 | 0.86 | 0.93 | +8.1% | 50.38B | 50.98B | +1.2% |
| Q1 FY2026 | 12 May 2026 | 0.57 | 0.74 | +29.8% | 45.16B | 45.75B | +1.3% |
| Q4 FY2025 | 5 Mar 2026 | 0.07 | 0.08 | +14.3% | 50.26B | 50.36B | +0.2% |
| Q3 FY2025 | 13 Nov 2025 | 0.46 | 0.52 | +13.0% | 49.69B | 42.00B | -15.5% |
| Q2 FY2025 | 14 Aug 2025 | 0.50 | 0.69 | +38.0% | 46.73B | 49.74B | +6.4% |
| Q1 FY2025 | 13 May 2025 | 1.05 | 1.16 | +10.5% | 40.31B | 41.35B | +2.6% |
| Q4 FY2024 | 6 Mar 2025 | 0.90 | 1.02 | +13.3% | 40.16B | 47.52B | +18.3% |
| Q3 FY2024 | 14 Nov 2024 | 1.09 | 1.24 | +13.8% | 36.18B | 37.11B | +2.6% |
| Q2 FY2024 | 15 Aug 2024 | 0.86 | 1.29 | +50.0% | 40.94B | 40.10B | -2.0% |
| Q1 FY2024 | 16 May 2024 | 0.63 | 0.78 | +23.8% | 35.61B | 35.95B | +1.0% |
| Q4 FY2023 | 8 Apr 2024 | 0.64 | 0.79 | +23.4% | — | 43.22B | — |
| Q3 FY2023 | 15 Nov 2023 | 0.86 | 0.92 | +7.0% | 33.83B | 33.90B | +0.2% |
JD.com stock price 2026–2030: scenarios
If JD.com's earnings keep growing at the 26.8% a year analysts expect to FY2028, it would earn about 8.04 a share in FY2030. At the P/E it has traded at over the last five years (9.4 to 58.3) that is 75.68 to 469.05 a share, or 192.28 at its average P/E of 23.9. This is arithmetic on the analysts' estimates, not a prediction.
| Fiscal year | EPS | Bear | Base | Bull |
|---|---|---|---|---|
| FY2026 | 3.19 | 29.97 | 76.15 | 185.76 |
| FY2027 | 4.07 | 38.27 | 97.24 | 237.19 |
| FY2028 | 5.00 | 47.04 | 119.51 | 291.53 |
| FY2029 (extrapolated) | 6.34 | 59.66 | 151.59 | 369.78 |
| FY2030 (extrapolated) | 8.04 | 75.68 | 192.28 | 469.05 |
Each year's EPS is the analysts' consensus to FY2028; the years after continue its 26.8% a year. Bear, base and bull apply the lowest, average and highest P/E of the last five fiscal year ends (9.4, 23.9, 58.3).
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