Over the past month, JD stock forecast was influenced by currency fluctuations. The RMB/USD exchange rate impact on overseas procurement can tighten margins, but analysts suggest currency hedging strategies may offset these risks in FY The general public-- including retail investors -- own 48% stake in the company, and hence can't easily be ignored. While this size of ownership may not be enough to sway a policy decision in their favour, they can still make a collective impact on company policies. The research firm revised its second-quarter non-GAAP net margin forecast substantially lower to 1.5% from 4.0% previously, and reduced its full-year 2025 group-level non-GAAP net margin estimate to 1.9%, incorporating projected food delivery-related losses of approximately RMB 34 billion. JD stock forecast adjustment by Morgan Stanley raised the price target from $33 to $38 after reviewing the firm’s logistics network utilization rate, which hit a record 95% in April