What changed
$JD — BUY 📊 | 6 MONTHS THESIS
🎯 latest | Rev $262.7B | EPS $5.12 vs $3.64 🟢
💡 Consensus expected EPS of 3.64, but JD delivered 5.12, showing that margins are resilient. The market is anchored to China fear, ignoring JD's logistics moat and market share stability.
📉 Reward/risk: 3.1:1
🏢 Business Quality: 7/10 - Strong self-operated logistics network and premium brand positioning, but growth is challenged by fierce competition.
📊 Valuation: cheap — P/E 5.6x, EV/EBITDA ~3.5x, FCF yield >10%, well below peers (Alibaba 12x, PDD 8x) and its own 5-year median of 15x.
🔮 Catalyst: Recent earnings beat triggers analyst estimate upgrades and investor re-examination
💰 Entry: $28.68, stop $25, target $40
📊 Our read: BUY. Full analysis →
https://stockduty.xyz/s/JD0615