M Stanley Reduces JD LOGISTICS Target Price to HKD12.8 Amidst Revised Earnings Projections

Written by Emily J. Thompson, Senior Investment Analyst

02618-2.09%

Source: aastocks

Updated: Jan 06 2026

0mins

Source: aastocks

Earnings Forecast Reduction: Morgan Stanley has lowered its earnings forecasts for JD LOGISTICS for 2025-27 by 7%, 7%, and 5% due to ongoing losses from its subsidiary Deppon Logistics and other financial challenges.
Target Price Adjustment: The target price for JD LOGISTICS has been slightly decreased from HKD 13 to HKD 12.8, maintaining an Equalweight rating amidst these changes.

02618

$11.27+Infinity%1D

Analyst Views on 02618

Wall Street analysts forecast 02618 stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for 02618 is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

0 Analyst Rating

0 Buy

0 Hold

0 Sell

Current: 11.510

Low

Averages

High

Current: 11.510

Low

Averages

High

BofA Securities

Buy

downgrade

$16 -> $15

Al Analysis

2026-01-06

Reason

BofA Securities

Price Target

$16 -> $15

Al Analysis

2026-01-06

downgrade

Buy

Reason

BofA Securities has reiterated a Buy rating for JD LOGISTICS despite reducing its target price from HKD16 to HKD15. The reason for maintaining the Buy rating is the company's attractive valuation, even though the report predicts a 1% year-over-year growth in non-IFRS net profit for 4Q25, which indicates a 4% decline for the entire year of 2025, falling below the company's previous guidance. The profit margin pressure is attributed to intensified competition in the less-than-truckload transportation market and one-time losses.

Daiwa

Buy

downgrade

$19 -> $17

2026-01-06

Reason

Daiwa

Price Target

$19 -> $17

2026-01-06

downgrade

Buy

Reason

The analyst rating for JD Logistics (02618.HK) was reiterated at "Buy" despite the lowered target price from $19 to $17. This decision was influenced by the company's strong growth in the fourth fiscal quarter of 2025, although it faced challenges such as non-recurring cargo compensation losses and business restructuring due to intense market competition. Consequently, the broker firm, Daiwa, adjusted its FY2025-2027 EPS forecasts down by 5-7%.

Unlock Full Analyst Thesis， Get the complete breakdown of rating reason for 02618

Unlock Now

Morgan Stanley

Equalweight

downgrade

$13

2026-01-06

Reason

Morgan Stanley

Price Target

$13

2026-01-06

downgrade

Equalweight

Reason

Morgan Stanley has reduced its earnings forecasts for JD LOGISTICS for 2025-27 by 7%/7%/5% due to several factors: ongoing losses from its subsidiary Deppon Logistics, significant upfront investments in Kuayue-Express, and one-time losses related to damaged goods in overseas warehouses. Consequently, the target price for JD LOGISTICS has been slightly lowered from HKD 13 to HKD 12.8, and the rating has been set to Equalweight.

Citi

Buy

downgrade

$18 -> $17

2026-01-06

Reason

Citi

Price Target

$18 -> $17

2026-01-06

downgrade

Buy

Reason

The analyst rating from Citi for JD LOGISTICS is a "Buy" based on the expectation that the company will sustain growth in its integrated supply chain business despite facing intensified market competition and increased investments. Although Citi predicts a flat gross margin for 4Q25 and adjusted earnings that fall short of market expectations, they foresee profit margins resuming year-over-year expansion in 2026. This positive outlook on future growth justifies the "Buy" rating, even as the target price is slightly adjusted down from HKD18 to HKD17.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.

M Stanley Reduces JD LOGISTICS Target Price to HKD12.8 Amidst Revised Earnings Projections

Analyst Views on 02618

About the author

Top News

Oil Firms Cautious on Venezuela Investment Push

GM Reports $7.1 Billion Charge Amid EV Shift

Stock Market Wraps 2025 with Double-Digit Gains

Novo Nordisk's Weight-Loss Pill Approval: Key Impacts

Related Articles

Millennial Potash (MLP:CA) Launches $15.25M Bought Deal Private Placement

Interactive Brokers (IBKR) to Announce Q4 Earnings on January 20, EPS Expected to Drop 70.9%

Sigh Up to Get Intellectia Insights

How did the company's recent strategic decisions impact its latest financial performance?

Can you explain the factors behind the recent changes in the company's stock price?

What are the expected impacts of current market trends on the company's future growth?

Based on the latest earnings report, what are the company's forecasted revenues for the next quarter?

How does the company's performance compare to its main competitors in the same sector?

People Also Watch