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PDD (PDD) Stock Price, News & Analysis

$127.32
+2.78 (+2.23%)
(As of 01:34 PM ET)
Today's Range
$126.35
$129.08
50-Day Range
$121.14
$151.33
52-Week Range
$59.67
$152.99
Volume
2.93 million shs
Average Volume
7.19 million shs
Market Capitalization
$168.01 billion
P/E Ratio
28.61
Dividend Yield
N/A
Price Target
$128.04

PDD MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
0.4% Upside
$128.04 Price Target
Short Interest
Healthy
1.79% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-1.41
Upright™ Environmental Score
News Sentiment
0.40mentions of PDD in the last 14 days
Based on 23 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
25.90%
From $4.98 to $6.27 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.05 out of 5 stars

Retail/Wholesale Sector

53rd out of 208 stocks

Business Services, Not Elsewhere Classified Industry

28th out of 89 stocks

PDD stock logo

About PDD Stock (NASDAQ:PDD)

PDD Holdings Inc., a multinational commerce group, owns and operates a portfolio of businesses. It operates Pinduoduo, an e-commerce platform that offers products in various categories, including agricultural produce, apparel, shoes, bags, mother and childcare products, food and beverage, electronic appliances, furniture and household goods, cosmetics and other personal care, sports and fitness items and auto accessories; and Temu, an online marketplace. It focuses on bringing businesses and people into the digital economy. The company was formerly known as Pinduoduo Inc. and changed its name to PDD Holdings Inc. in February 2023. PDD Holdings Inc. was incorporated in 2015 and is based in Dublin, Ireland.

PDD Stock Price History

PDD Stock News Headlines

Wall Street is surprisingly most bullish on these 3 Nasdaq stocks (PDD)
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PDD Mar 2024 160.000 call
PDD Mar 2024 112.000 put
3 High-Growth China Stocks American Investors Can Buy
Bezos and Gates Invest in Search for Tech's Best-Kept Secret
Billionaires who've made their fortunes in tech, are quietly investing in essential yet rare elements known as "The Seeds of Technology". Learn more about this massive rare earth treasure hunt and the very elements making emerging technologies possible.
PDD Apr 2024 129.000 put
PDD Apr 2024 134.000 call
PDD Mar 2024 152.500 put
PDD Feb 2024 133.000 put
PDD Mar 2024 138.000 put
PDD Mar 2024 136.000 put
PDD Mar 2024 128.000 put
PDD Mar 2024 133.000 call
7 Unstoppable Software Stocks Set to Soar in 2024
Is PDD Holdings (NASDAQ:PDD) A Risky Investment?
PDD Mar 2024 150.000 call
See More Headlines
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Company Calendar

Last Earnings
11/28/2023
Today
3/01/2024
Next Earnings (Estimated)
3/18/2024
Fiscal Year End
12/31/2024

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 Target
$128.04
High Stock Price Target
$215.00
Low Stock Price Target
$95.50
Potential Upside/Downside
+0.2%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
10 Analysts

Profitability

Net Income
$4.57 billion
Pretax Margin
27.84%

Debt

Sales & Book Value

Annual Sales
$18.93 billion
Cash Flow
$3.88 per share
Book Value
$12.94 per share

Miscellaneous

Outstanding Shares
1,319,590,000
Free Float
1,270,762,000
Market Cap
$168.58 billion
Optionable
Optionable
Beta
0.69

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Key Executives

  • Mr. Lei Chen (Age 44)
    General Counsel, Co-CEO & Chairman
  • Mr. Jiazhen Zhao (Age 40)
    Co-CEO & Executive Director
  • Ms. Jun Liu (Age 40)
    Vice President of Finance
  • Mr. Junyun Xiao (Age 44)
    Senior Vice President of Operation
  • Xin Yi Lim
    Investor Relations Officers
  • Mr. Nick Shu C.F.A.
    Director of Corporate Development & IR
  • Mr. Zhenwei Zheng (Age 40)
    Senior Vice President of Product Development
  • David Liu
    Vice President of Strategy
  • Peng Cheng
    IR Director














PDD Stock Analysis - Frequently Asked Questions

Should I buy or sell PDD stock right now?

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

What is PDD's stock price target for 2024?

10 Wall Street research analysts have issued 1-year price targets for PDD's stock. Their PDD share price targets range from $95.50 to $215.00. On average, they anticipate the company's share price to reach $128.04 in the next twelve months. This suggests a possible upside of 0.4% 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 2024?

PDD's stock was trading at $146.31 at the beginning of 2024. Since then, PDD stock has decreased by 12.8% and is now trading at $127.59.
View the best growth stocks for 2024 here
.

When is PDD's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, March 18th 2024.
View our PDD earnings forecast
.

How were PDD's earnings last quarter?

PDD Holdings Inc. (NASDAQ:PDD) released its quarterly earnings results on Tuesday, November, 28th. The company reported $11.61 earnings per share for the quarter, beating the consensus estimate of $8.94 by $2.67. The company had revenue of $68.84 billion for the quarter, compared to analyst estimates of $55.18 billion. PDD had a trailing twelve-month return on equity of 34.07% and a net margin of 23.25%. The firm's quarterly revenue was up 93.9% on a year-over-year basis. During the same period in the previous year, the business posted $1.03 earnings per share.

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 $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.

Who are PDD's major shareholders?

PDD's stock is owned by a variety of institutional and retail investors. Top institutional investors include Baillie Gifford & Co. (2.88%), Vanguard Group Inc. (1.83%), Hhlr Advisors LTD. (0.77%), Norges Bank (0.56%), Goldman Sachs Group Inc. (0.00%) and Goldman Sachs Group Inc. (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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:PDD) was last updated on 3/1/2024 by MarketBeat.com Staff

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