JDcom trading volume plummets 58.5% to 170th place despite strong Q1 earnings

On May 14, 2025, JD.com (JD) experienced a significant decline in trading volume, with a total turnover of 6.06 billion, marking a 58.5% decrease from the previous day. This placed JD at the 170th position in terms of trading volume for the day. The stock price of JD also dropped by 4.08%.

JD.com recently reported a substantial increase in its Q1 2025 earnings, with revenue reaching CNY 301,082 million. This growth was driven by strong performance in both the retail and services sectors of the business. The company's net income also saw a notable rise, reflecting its robust financial health.

JD.com's revenue for the first quarter of 2025 exceeded expectations, growing by 15.8% year over year to RMB 301.1 billion. This performance surpassed the consensus estimate, highlighting the company's ability to outperform market expectations. The earnings per share (EPS) for the quarter was reported at $8.41, significantly higher than the expected $1.05.

Despite the strong financial performance, Mizuho analyst Wei Fang lowered the price target for JD.com from $50 to $48. While the company reported accelerating user growth and revenue growth, as well as a 14% beat on consolidated operating income, the reduction in the price target reflects the company's increased investments. The analyst maintains an Outperform rating on the shares.