Morgan Stanley Sees JD.com Beating Estimates--But Won't Turn So Bullish Yet

GuruFocus.com01-21

JD.com (NASDAQ:JD) is expected to pull off a solid quarter, smashing revenue and profit expectationsthanks to its trade-in program doing some serious heavy lifting. Morgan Stanley now sees revenue up 10.5% year-on-year, blowing past the market's 6% forecast. Non-GAAP net profit? 10.2 billion yuan, up 22%, pushing margins higher. But here's the catch: Analysts aren't ready to flip bullish just yet. The firm says it still needs proof that consumer sentiment is actually turning the corner before calling this a long-term win.

Looking ahead, Morgan Stanley forecasts 6.9% revenue growth for the yearagain, ahead of market estimateswith non-GAAP net profit hitting 50 billion yuan, up 6%. Margins are set to climb to 4.05%, showing JD.com is squeezing more out of every yuan. The strong report prompted analysts to bump up earnings estimates, proving that JD's trade-in strategy is paying off.

Yet despite the beat, Morgan Stanley isn't ready to go all-in. The firm sticks to its "in line with the market" rating with a $41 price target. The big question: Can JD.com keep this momentum going in a still-shaky consumer environment? Until that answer is clear, investors are watching from the sidelines.

This article first appeared on GuruFocus.

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Morgan Stanley now sees revenue up ...</p>\n<a href=\"https://finance.yahoo.com/news/morgan-stanley-sees-jd-com-165038722.html\">Source Link</a>\n</div>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4551","symbol_name":"寇图资本持仓","start_time":0,"source_url":"https://finance.yahoo.com/news/morgan-stanley-sees-jd-com-165038722.html","article_id":"2505923521","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2505923521","pubTimestamp":1737391838,"columns":[],"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"JD.com  is expected to pull off a solid quarter, smashing revenue and profit expectationsthanks to its trade-in program doing some serious heavy lifting. Morgan Stanley now sees revenue up 10.5% year-on-year, blowing past the market's 6% forecast. 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Morgan Stanley now sees revenue up 10.5% year-on-year, blowing past the market's 6% forecast. Non-GAAP net profit? 10.2 billion yuan, up 22%, pushing margins higher. But here's the catch: Analysts aren't ready to flip bullish just yet. The firm says it still needs proof that consumer sentiment is actually turning the corner before calling this a long-term win.\n\nLooking ahead, Morgan Stanley forecasts 6.9% revenue growth for the yearagain, ahead of market estimateswith non-GAAP net profit hitting 50 billion yuan, up 6%. Margins are set to climb to 4.05%, showing JD.com is squeezing more out of every yuan. The strong report prompted analysts to bump up earnings estimates, proving that JD's trade-in strategy is paying off.\nYet despite the beat, Morgan Stanley isn't ready to go all-in. The firm sticks to its \"in line with the market\" rating with a $41 price target. The big question: Can JD.com keep this momentum going in a still-shaky consumer environment? Until that answer is clear, investors are watching from the sidelines.This article first appeared on \nGuruFocus.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.31.5","shortVersion":"4.31.5","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2505923521"}