S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
China's 1st domestically made passenger plane completes maiden commercial flight
Wall Street Legend Who Called AMZN Crash Issues New Sell Alert (Ad)
Biden and GOP rush to finalize debt ceiling deal, shore up support to prevent default
EgyptAir flight from Cairo blows tire during landing in Saudi Arabia
Wall Street Legend Who Called AMZN Crash Issues New Sell Alert (Ad)
In Nigeria’s hard-hit north, families seek justice as armed groups seek control
Russia launched 'largest drone attack' on Ukrainian capital before Kyiv Day; 1 killed
Wall Street Legend Who Called AMZN Crash Issues New Sell Alert (Ad)
'Succession' fans brace for series finale of Emmy-winning hit drama
Turkey's Erdogan wins another term as president, extends rule into 3rd decade
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
China's 1st domestically made passenger plane completes maiden commercial flight
Wall Street Legend Who Called AMZN Crash Issues New Sell Alert (Ad)
Biden and GOP rush to finalize debt ceiling deal, shore up support to prevent default
EgyptAir flight from Cairo blows tire during landing in Saudi Arabia
Wall Street Legend Who Called AMZN Crash Issues New Sell Alert (Ad)
In Nigeria’s hard-hit north, families seek justice as armed groups seek control
Russia launched 'largest drone attack' on Ukrainian capital before Kyiv Day; 1 killed
Wall Street Legend Who Called AMZN Crash Issues New Sell Alert (Ad)
'Succession' fans brace for series finale of Emmy-winning hit drama
Turkey's Erdogan wins another term as president, extends rule into 3rd decade
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
China's 1st domestically made passenger plane completes maiden commercial flight
Wall Street Legend Who Called AMZN Crash Issues New Sell Alert (Ad)
Biden and GOP rush to finalize debt ceiling deal, shore up support to prevent default
EgyptAir flight from Cairo blows tire during landing in Saudi Arabia
Wall Street Legend Who Called AMZN Crash Issues New Sell Alert (Ad)
In Nigeria’s hard-hit north, families seek justice as armed groups seek control
Russia launched 'largest drone attack' on Ukrainian capital before Kyiv Day; 1 killed
Wall Street Legend Who Called AMZN Crash Issues New Sell Alert (Ad)
'Succession' fans brace for series finale of Emmy-winning hit drama
Turkey's Erdogan wins another term as president, extends rule into 3rd decade
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
China's 1st domestically made passenger plane completes maiden commercial flight
Wall Street Legend Who Called AMZN Crash Issues New Sell Alert (Ad)
Biden and GOP rush to finalize debt ceiling deal, shore up support to prevent default
EgyptAir flight from Cairo blows tire during landing in Saudi Arabia
Wall Street Legend Who Called AMZN Crash Issues New Sell Alert (Ad)
In Nigeria’s hard-hit north, families seek justice as armed groups seek control
Russia launched 'largest drone attack' on Ukrainian capital before Kyiv Day; 1 killed
Wall Street Legend Who Called AMZN Crash Issues New Sell Alert (Ad)
'Succession' fans brace for series finale of Emmy-winning hit drama
Turkey's Erdogan wins another term as president, extends rule into 3rd decade
NASDAQ:PDD

PDD (PDD) Stock Forecast, Price & News

$71.42
+11.40 (+18.99%)
(As of 05/26/2023 ET)
Compare
Today's Range
$66.72
$71.50
50-Day Range
$60.02
$78.93
52-Week Range
$38.80
$106.38
Volume
26.33 million shs
Average Volume
8.03 million shs
Market Capitalization
N/A
P/E Ratio
19.20
Dividend Yield
N/A
Price Target
$104.89

PDD MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.91 Rating Score
Upside/​Downside
46.9% Upside
$104.89 Price Target
Short Interest
Healthy
Dividend Strength
N/A
Sustainability
-1.41
Upright™ Environmental Score
News Sentiment
0.06mentions of PDD in the last 14 days
Based on 22 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
36.64%
From $3.33 to $4.55 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.76 out of 5 stars


PDD stock logo

About PDD (NASDAQ:PDD) Stock

PDD Holdings, Inc. is a multinational commerce group that owns and operates a portfolio of businesses. The company aims to bring more businesses and people into the digital economy so that local communities and small businesses can benefit from increased productivity and new opportunities. It has built a network of sourcing, logistics, and fulfillment capabilities, that support its underlying businesses. The company was founded by Hua Lin Cai and Zheng Huang on April 20, 2015 and is headquartered in Dublin, Ireland.

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PDD Stock News Headlines

Alibaba: Could This Be The Year Of The Dragon (PDD)
Even though many of their headwinds have yet to dissipate fully, there's a growing sense that Alibaba is a sleeping giant that could soon be waking up.
3 Underperforming Nasdaq 100 Stocks Worth a Closer Look (PDD)
Given the volatility and growth potential associated with the Nasdaq’s elite, investors may want to keep these recent underperformers on the watch list.
"Unknown laser company making HUGE profit from Russia-Ukraine War"
On February 24th, Russia invaded Ukraine. This caused major stock losses and soaring gas prices. But it also created a HUGE opportunity for savvy investors. There's an unknown laser company that's been profiting greatly from this war... ...and from another major conflict happening 3,000 miles away. Learn more here >>>
PDD Sees Unusually High Options Volume (NASDAQ:PDD)
Q1 2023 PDD Holdings Inc Earnings Call
PDD May 2023 57.000 call
PDD Holdings Q1 Earnings Beat Estimates; Revenue Jumps
"Unknown laser company making HUGE profit from Russia-Ukraine War"
On February 24th, Russia invaded Ukraine. This caused major stock losses and soaring gas prices. But it also created a HUGE opportunity for savvy investors. There's an unknown laser company that's been profiting greatly from this war... ...and from another major conflict happening 3,000 miles away. Learn more here >>>
PDD earnings preview: what Wall Street is expecting
PDD Soars on Blowout Q1 Numbers
Region's home sales down 38% last month
Pinduoduo Q1 2023 Earnings Preview
PDD (PDD) Scheduled to Post Earnings on Friday
Pdd (NASDAQ: PDD)
See More Headlines
Receive PDD Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for PDD and its competitors with MarketBeat's FREE daily newsletter.

PDD Company Calendar

Last Earnings
3/20/2023
Today
5/28/2023
Next Earnings (Estimated)
9/04/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Business services, not elsewhere classified
Sub-Industry
N/A
Current Symbol
NASDAQ:PDD
Fax
N/A
Employees
12,992
Year Founded
2015

Price Target and Rating

Average Stock Price Forecast
$104.89
High Stock Price Forecast
$122.00
Low Stock Price Forecast
$93.00
Forecasted Upside/Downside
+46.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.91
Research Coverage
11 Analysts

Profitability

Net Income
$4.57 billion
Pretax Margin
27.90%

Debt

Sales & Book Value

Annual Sales
$18.93 billion
Cash Flow
$4.04 per share
Book Value
$13.78 per share

Miscellaneous

Free Float
N/A
Optionable
Optionable
Beta
0.74

Social Links


Key Executives

  • Lei Chen
    Chairman & Co-Chief Executive Officer
  • Jiazhen Zhao
    Co-Chief Executive Officer & Executive Director
  • Jun Yun Xiao
    Senior Vice President-Operation
  • Jun Liu
    Vice President-Finance
  • Jian Chong Zhu
    General Counsel & Senior Vice President













PDD Stock - Frequently Asked Questions

Should I buy or sell PDD stock right now?

11 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for PDD in the last year. There are currently 1 hold rating and 10 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" PDD shares.
View PDD analyst ratings
or view top-rated stocks.

What is PDD's stock price forecast for 2023?

11 Wall Street analysts have issued twelve-month target prices for PDD's stock. Their PDD share price forecasts range from $93.00 to $122.00. On average, they predict the company's stock price to reach $104.89 in the next year. This suggests a possible upside of 46.9% from the stock's current price.
View analysts price targets for PDD
or view top-rated stocks among Wall Street analysts.

How have PDD shares performed in 2023?

PDD's stock was trading at $81.55 at the start of the year. Since then, PDD shares have decreased by 12.4% and is now trading at $71.42.
View the best growth stocks for 2023 here
.

When is PDD's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, September 4th 2023.
View our PDD earnings forecast
.

How were PDD's earnings last quarter?

PDD Holdings Inc. (NASDAQ:PDD) issued its quarterly earnings data on Monday, March, 20th. The company reported $8.34 earnings per share for the quarter, topping the consensus estimate of $1.00 by $7.34. The business earned $39.82 billion during the quarter, compared to analyst estimates of $40.74 billion. PDD had a net margin of 23.93% and a trailing twelve-month return on equity of 32.10%. PDD's revenue for the quarter was up 46.2% compared to the same quarter last year. During the same period in the prior year, the company earned $0.92 EPS.

What other stocks do shareholders of PDD own?

Based on aggregate information from My MarketBeat watchlists, some companies that other PDD investors own include Alibaba Group (BABA), NVIDIA (NVDA), JD.com (JD), Advanced Micro Devices (AMD), Micron Technology (MU), Netflix (NFLX), Block (SQ), Tesla (TSLA), Walt Disney (DIS) and Salesforce (CRM).

When did PDD IPO?

(PDD) raised $1.5 billion in an initial public offering on Thursday, July 26th 2018. The company issued 85,600,000 shares at a price of $16.00-$19.00 per share. Credit Suisse, Goldman Sachs (Asia) and CICC served as the underwriters for the IPO and China Renaissance was co-manager.

What is PDD's stock symbol?

PDD trades on the NASDAQ under the ticker symbol "PDD."

Who are PDD's major shareholders?

PDD's stock is owned by a number of retail and institutional investors. Top institutional investors include Baillie Gifford & Co. (2.28%), BlackRock Inc. (2.01%), Hhlr Advisors LTD. (0.86%), FMR LLC (0.75%), Susquehanna International Group LLP (0.00%) and Assenagon Asset Management S.A. (0.00%).

How do I buy shares of PDD?

Shares of PDD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is PDD's stock price today?

One share of PDD stock can currently be purchased for approximately $71.42.

How many employees does PDD have?

The company employs 12,992 workers across the globe.

How can I contact PDD?

PDD's mailing address is 28/F NO. 533 LOUSHANGUAN ROAD CHANGNING DISTRICT, SHANGHAI F4, 200051. The official website for the company is www.pinduoduo.com. The company can be reached via phone at (531) 539-7938 or via email at investor@pinduoduo.com.

This page (NASDAQ:PDD) was last updated on 5/28/2023 by MarketBeat.com Staff

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