JD.com (JD) will report its Q2 2026 earnings before markets open on Thursday. As such, traders are seeking more insight into the Chinese technology and service company ahead of this report. That includes how likely the shares are to rise or fall after that earnings report. Fortunately for JD shareholders, the stock has a better chance of rallying than it does falling after tomorrow’s earnings report.
Here’s a graph showing how JD.com stock has moved after its eight most recent earnings reports.
- The stock started off on August 15, 2024, for its Q2 2024 earnings announcement with a solid rise of 4.25%.
- Investors reacted poorly to the Q3 2024 results on November 14, 2024, which sent the shares down 6.56%.
- The price stabilized slightly on March 6, 2025, following the Q4 2024 release, showing a minor rise of 0.36%.
- Positive momentum returned with the Q1 2025 report on May 13, 2025, driving a healthy stock rise of 3.33%.
- Things pulled back on August 14, 2025, after the Q2 2025 announcement, resulting in a stock fall of 2.86%.
- The downward trajectory continued through the Q3 2025 report on November 13, 2025, mapping out another mild fall of 1.73%.
- Shares essentially flatlined on March 5, 2026, during the Q4 2025 update, logging a microscopic rise of 0.27%.
- The sequence finishes on a bright note on May 12, 2026, for the Q1 2026 release, generating a solid stock rise of 3.14%.
What to Expect from JD.com’s Q2 2026 Earnings Report
Wall Street expects JD.com to report adjusted earnings per share of 83 cents alongside revenue of $50.75 billion in Q2 2026. For comparison, the company posted adjusted EPS of 74 cents and revenue of $49.31 billion in Q2 2025.
Looking at JD.com’s earnings history, the company’s earnings report will likely be mixed. While its adjusted EPS has come in above estimates in seven of its past eight quarters, the revenue has only beaten Wall Street’s estimates once over that same period.
Is JD.com Stock a Buy, Sell, or Hold?
Turning to Wall Street, the analysts’ consensus rating for JD.com is Strong Buy, based on seven Buy and two Hold ratings over the past three months. With that comes an average JD stock price target of $38.28, representing a potential 22.76% upside for the shares. (See JD Stock Forecast)
