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JD.com, Inc. (NASDAQ:JD) is included among the 10 Best Global Stocks to Buy According to Wall Street Analysts.

JD.com, Inc. (NASDAQ:JD) is a leading technology-driven e-commerce company transforming to become the leading supply chain-based technology and service provider.

On April 17, Arete upgraded JD.com, Inc. (NASDAQ:JD) from ‘Neutral’ to ‘Buy’, while also raising its price target from $32 to $37. The target boost indicates an upside of almost 21% from the current price levels.

Arete expects JD.com, Inc. (NASDAQ:JD) to witness an earnings recovery due to the lowered food delivery losses. While the analyst firm projects the company’s revenue growth to “likely be weak”, it expects the margins to “have some upside”.

Similarly, earlier on April 14, the analysts at Macquarie also upgraded JD.com, Inc. (NASDAQ:JD) from ‘Neutral’ to ‘Outperform’ while bumping their price target on the stock from $25 to $35.

The analyst cited JD.com, Inc. (NASDAQ:JD)’s improving earnings prospects for the upgrade, driven by the company’s shrinking quick commerce losses and a disciplined expansion into Europe under the JoyBuy brand. Macquarie updated its estimates before JD reported its Q1 results on May 14, believing that the market had “largely priced in” the stock’s high base effect from trade-in policies.

While we acknowledge the potential of JD as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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