JD.com Inc ADR
JD: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| Ll | LOCK|>SH^S | LOCK|T>Y<HLm |
JD.com Earnings: Better Near‑Term Guidance, Long‑Term Trend Intact; Valuation Maintained
JD.com expects home appliance and electronics revenue to recover in the second half after a high first-half comparison base. Food delivery investment will fall in 2026 if competition eases, while international investment will increase gradually and with discipline.
