Latest Search
Quote
| Back Zoom + Zoom - | |
|
<Research>Citi Lowers JD-SW (09618.HK)'s 4Q25 Adj. NP Forecast by 66%+ in Lack of ST Catalysts
Recommend 1 Positive 5 Negative 4 |
|
|
|
|
Citi released a research report on JD-SW (09618.HK), which is set to unveil its 4Q25 results in early March. In view of the continued weakness in macro and consumption sentiment, and based on expectations of higher discount and investment, the group's non-GAAP net profit forecasts for 4Q25 and 1Q26 were chopped by 66.2% and 13.8%, respectively, to RMB641 million and RMB6.044 billion. Accordingly, Citi lowered the target price for JD.com (JD.US) from USD37 to USD34. On the undemanding valuation, the Buy rating was maintained, but the broker underscored limited catalysts in the short term. AASTOCKS Financial News Website: www.aastocks.com |
|
