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Benzinga
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JD.com Gears Up For Q1 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

1. JD.com will release Q1 earnings on May 13, expecting $1.02 EPS. 2. Projected revenue is $37.91 billion for the quarter. 3. JD.com shares gained 6.5% to close at $36.05 on Monday. 4. Multiple analysts raised their price targets, indicating positive outlooks. 5. Mixed analyst ratings suggest varied market sentiment on JD's performance.

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FAQ

Why Bullish?

Analysts upgraded their price targets, reflecting positive investor sentiment. Historically, higher earnings expectations often bolster stock prices.

How important is it?

Upcoming earnings are critical for JD’s current market position and investor sentiment. Analyst ratings and pricing adjustments are likely to influence trading behavior.

Why Short Term?

Earnings results may lead to immediate stock price reactions. Typically, earnings announcements affect stock valuations quickly, as investors adjust their expectations.

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