Latest news with #AliciaYap
Business Insider
3 days ago
- Business
- Business Insider
JD.com Poised for Strong Revenue Growth in Q2, Says Citi Analyst
Chinese e-commerce giant (JD) is scheduled to announce its second-quarter results on Thursday, August 14. Wall Street analysts expect the company to report earnings per share of $0.51 on revenues of $46.65 billion. Ahead of the results, Citi analyst Alicia Yap renewed her Buy rating on stock with a $42 price target, following a period of rating suspension. The price target implies a 34.7% upside potential from the current levels. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Analyst Expects Solid Revenue Growth Despite Profit Pressure in Q2 The analyst expects to report strong second-quarter results, driven by continued growth in its core retail segments. The firm forecasts total revenue of RMB 336 billion for 2Q25, up 15.3% year-over-year, slightly ahead of the market consensus of RMB 335.1 billion. Meanwhile, the analyst expects the company's electronics sales to grow 16.6% to RMB 169 billion and general merchandise sales to rise 15% to RMB 102.2 billion. Overall, direct sales are likely to go up by 16%, showing strong demand in JD's main markets. However, on the profitability front, Citi expects non-GAAP net profit to decline by 68% year-over-year to RMB 4.68 billion, resulting in a narrower margin of 1.39%. The analyst highlights that profit margins will likely remain under pressure due to ongoing subsidy spending and a competitive food delivery market. Also, gross margins are expected to drop slightly, reflecting these challenges. Moderate Growth Expected in Q3 For the third quarter, Citi projects revenue growth of 10.7% year-over-year to RMB 288.1 billion and non-GAAP net profit of RMB 4.58 billion. The analyst expects management to maintain a cautious tone, reflecting ongoing challenges in the market. Long-Term Outlook Remains Positive Despite short-term profit pressures, Citi remains optimistic about long-term growth potential. The company's expanding retail footprint and efforts to diversify its business, including new ventures like the hotel sector, position it well for future success. Is JD Stock a Buy or Sell? JD stock price target of $42.13 implies 35.12% upside potential. JD stock is down 2.3% year-to-date.
Business Insider
4 days ago
- Business
- Business Insider
JD.com Is About to Report Q2 Earnings Tomorrow. Here Is What to Expect
Chinese e-commerce giant (JD) is scheduled to announce its second-quarter results on Thursday, August 14. JD stock declined over 7% year-to-date due to rising competition, operational difficulties, and an uncertain macro environment. Wall Street analysts expect to report EPS (earnings per share) of $0.97, reflecting a 60% decline from the prior-year quarter. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Meanwhile, revenues are expected to rise by 16% from the same quarter last year, reaching $46.6 billion, according to data from the TipRanks Forecast page. Investors will look forward to management's commentary on tariffs, aggressive growth in food delivery, and AI (artificial intelligence)-related tailwinds. Analyst's Take Ahead of Q2 Earnings Ahead of the Q2 print, Citi analyst Alicia Yap renewed her Buy rating on stock with a $42 price target, following a period of rating suspension. The price target implies a 34.7% upside potential from the current levels. The analyst expects to post strong Q2 results, driven by growth in its main retail units. She sees revenue rising 15.3% year-over-year to RMB 336 billion. Electronics sales are set to grow 16.6% to RMB 169 billion, while general goods sales may rise 15% to RMB 102.2 billion. However, non-GAAP net profit is expected to drop 68% to RMB 4.68 billion. For the third quarter, Citi projects revenue growth of 10.7% year-over-year to RMB 288.1 billion and non-GAAP net profit of RMB 4.58 billion. Options Traders Anticipate a Minor Move Using TipRanks' Options tool, we can see what options traders are expecting from the stock immediately after its earnings report. The expected earnings move is determined by calculating the at-the-money straddle of the options closest to expiration after the earnings announcement. If this sounds complicated, don't worry; the Options tool does this for you. Indeed, it currently says that options traders are expecting a 5.98% move in either direction. Is JD Stock a Buy or Sell? JD stock price target of $42.13 implies 31.16% upside potential.
Mint
23-07-2025
- Business
- Mint
PDD Analysts See HK Listing as More Likely After Auditor Change
(Bloomberg) -- PDD Holdings Inc.'s move to switch to a Hong Kong-based auditor may indicate the Chinese e-commerce firm is preparing to apply for a second listing there, according to two analysts. The parent company of budget shopping app Temu said in a filing on Wednesday that it has tapped Hong Kong-based auditors of Ernst & Young for a review of its financial statements this year. The firm previously worked with Beijing-based Ernst & Young Hua Ming LLP. Such a shift likely suggests that PDD is pursuing a listing in Hong Kong over coming months, according to Citigroup analyst Alicia Yap. 'If this proves to be true, we believe this could be viewed as a positive catalyst for the share price,' she said. PDD did not immediately reply to an emailed request for comment outside of office hours. PDD's American depositary receipts rose as much as 5.6% to the highest in two months. The firm is among the relatively few US-listed Chinese names that have yet to list in Hong Kong, a group that also includes retailer Vipshop Holdings Ltd. and tutoring firm TAL Education Group. Companies like Alibaba Group Holding Ltd., Inc. and Baidu Inc. have already secured a second listing in Hong Kong amid persistent concerns that they could get booted off American exchanges. In April, US Treasury Secretary Scott Bessent said all options are 'on the table' when asked about potential delistings of Chinese companies. A second listing would potentially enable investors of Chinese firms to convert ADRs to Hong Kong shares in the event of a US delisting. Upgrading the Hong Kong listing to a primary status — like what Alibaba did last year — will also allow mainland buyers to tap into the stock. Felix Wang, an analyst at Hedgeye Risk Management, noted that companies preparing to list in Hong Kong often engage with local auditors to comply with regulatory requirements. That was the case for both Alibaba and when they sought Hong Kong listings, he said. 'One of the frustrations on PDD in the past is the company not interested in issuing a secondary IPO' to expand its investor base, Wang said in a note. 'Is PDD changing its mind on listing in HK? It can only help with investor sentiment.' More stories like this are available on
Yahoo
25-06-2025
- Business
- Yahoo
Citi Maintains Alibaba (BABA) Price Target and Buy Rating
Alibaba Group Holdings Limited (NYSE:BABA) is one of 10 AI stocks that will skyrocket. Alibaba Group Holdings Limited (NYSE:BABA) reported its strongest gross merchandise value (GMV) growth in three years during its annual 6.18 shopping festival, held from late May through mid-June. The performance has lifted market expectations for a rebound in the company's core marketing revenue (CMR) for the June quarter, the first quarter of its fiscal 2026. An e-commerce platform displaying a wide range of products to customers online. The 6.18 festival, one of China's largest mid-year shopping events, serves as a key indicator of consumer sentiment and platform activity. According to Citigroup analyst Alicia Yap, the results were 'encouraging' and suggest Alibaba's e-commerce operations may be regaining momentum following several quarters of muted growth. Yap reaffirmed her Buy rating on Alibaba Group Holdings Limited (NYSE:BABA) and maintained a $169 price target, which implies nearly 50% upside from current trading levels. She noted that the strong GMV results could support a positive surprise in CMR performance, which remains a critical driver of Alibaba's profitability. While macroeconomic uncertainties and regulatory overhangs have weighed on Chinese tech stocks, the 6.18 results offer a potential turning point for investor sentiment. Analysts will be closely watching Alibaba's earnings for further signs of a sustained recovery in its core commerce segment. While we acknowledge the potential of BABA to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than BABA and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: 10 Best Small Cap Tech Stocks With Biggest Upside Potential and 7 Most Popular AI Penny Stocks Under $5 To Avoid. Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
24-06-2025
- Business
- Yahoo
Citi: Alibaba Stock Could Surge 50% After Blockbuster 6.18 Festival
June 23 Alibaba (NYSE:BABA) may see a lift in core marketing revenue after reporting its strongest growth in gross merchandise value (GMV) in three years during the recent 6.18 shopping event, according to a Sunday note from Citigroup (NYSE:C). Citi analyst Alicia Yap reaffirmed her "Buy" rating on the stock with a price target of $169, projecting nearly 50% upside from current levels. She said the latest festival results, combined with upbeat retail trends in April and May, could push Q1 FY26 revenue growth beyond current estimates. Warning! GuruFocus has detected 3 Warning Signs with BABA. Tmall President Liu Bo said GMV rose 10% year-over-year, highlighting robust merchant sales. He credited China's trade-in subsidy policy and immediate 10% price discounts as key drivers, which helped improve conversion and reduce returns. The 6.18 event spanned late May to mid-June. Yap noted early traction from Alibaba's Taobao Quick Commerce and emphasized that AliExpress showed strong global engagement, with livestreams attracting hundreds of thousands of users and some products selling out in markets like the UK and Australia. The company is now positioning for its next major event, Singles' Day on Nov. 11, by doubling down on high-quality growth strategies. This report reflects optimism around Alibaba's rebound as it sharpens its domestic and international e-commerce focus. This article first appeared on GuruFocus.
