JD.com, Inc. (NASDAQ:JD) last week reported its latest yearly results, which makes it a good time for investors to dive in and see if the business is performing in line with expectations. The result was positive overall - although revenues of CN¥1.2t were in line with what the analysts predicted, JD.com surprised by delivering a statutory profit of CN¥26.86 per share, modestly greater than expected. This is an important time for investors, as they can track a company's performance in its report, look at what experts are forecasting for next year, and see if there has been any change to expectations for the business. With this in mind, we've gathered the latest statutory forecasts to see what the analysts are expecting for next year.

View our latest analysis for JD.com

Taking into account the latest results, the current consensus from JD.com's 39 analysts is for revenues of CN¥1.26t in 2025. This would reflect a meaningful 8.6% increase on its revenue over the past 12 months. Statutory earnings per share are predicted to rise 3.0% to CN¥29.40. Before this earnings report, the analysts had been forecasting revenues of CN¥1.21t and earnings per share (EPS) of CN¥27.43 in 2025. So there seems to have been a moderate uplift in sentiment following the latest results, given the upgrades to both revenue and earnings per share forecasts for next year.

With these upgrades, we're not surprised to see that the analysts have lifted their price target 6.6% to US$53.57per share. It could also be instructive to look at the range of analyst estimates, to evaluate how different the outlier opinions are from the mean. The most optimistic JD.com analyst has a price target of US$70.12 per share, while the most pessimistic values it at US$27.71. Still, with such a tight range of estimates, it suggeststhe analysts have a pretty good idea of what they think the company is worth.

One way to get more context on these forecasts is to look at how they compare to both past performance, and how other companies in the same industry are performing. We would highlight that JD.com's revenue growth is expected to slow, with the forecast 8.6% annualised growth rate until the end of 2025 being well below the historical 12% p.a. growth over the last five years. Compare this to the 32 other companies in this industry with analyst coverage, which are forecast to grow their revenue at 9.3% per year. Factoring in the forecast slowdown in growth, it looks like JD.com is forecast to grow at about the same rate as the wider industry.

The Bottom Line

The biggest takeaway for us is the consensus earnings per share upgrade, which suggests a clear improvement in sentiment around JD.com's earnings potential next year. There was also an upgrade to revenue estimates, although as we saw earlier, forecast growth is only expected to be about the same as the wider industry. We note an upgrade to the price target, suggesting that the analysts believes the intrinsic value of the business is likely to improve over time.

Following on from that line of thought, we think that the long-term prospects of the business are much more relevant than next year's earnings. We have estimates - from multiple JD.com analysts - going out to 2027, and you can see them free on our platform here.

You can also see our analysis of JD.com's Board and CEO remuneration and experience, and whether company insiders have been buying stock.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.