S&P 500   4,981.80
DOW   38,612.24
QQQ   425.61
Palo Alto Networks, Keysight fall; Garmin, Toll Brothers rise, Wednesday, 2/21/2024
Laser breakthrough could send stock soaring 2,467% (Ad)
Applied Materials stock is Ray Dalio's favorite in this new cycle
Palo Alto Networks aims at cyber security leadership
Laser breakthrough could send stock soaring 2,467% (Ad)
Spotify sounding better to analysts as company tunes into profits
3 Reasons the Capital One-Discover merger is a big deal
Stop buying AI stocks! (Ad)
How major US stock indexes fared Wednesday, 2/21/2024
Germany says Europe's largest economy is in 'troubled waters' and cuts its growth forecast
S&P 500   4,981.80
DOW   38,612.24
QQQ   425.61
Palo Alto Networks, Keysight fall; Garmin, Toll Brothers rise, Wednesday, 2/21/2024
Laser breakthrough could send stock soaring 2,467% (Ad)
Applied Materials stock is Ray Dalio's favorite in this new cycle
Palo Alto Networks aims at cyber security leadership
Laser breakthrough could send stock soaring 2,467% (Ad)
Spotify sounding better to analysts as company tunes into profits
3 Reasons the Capital One-Discover merger is a big deal
Stop buying AI stocks! (Ad)
How major US stock indexes fared Wednesday, 2/21/2024
Germany says Europe's largest economy is in 'troubled waters' and cuts its growth forecast
S&P 500   4,981.80
DOW   38,612.24
QQQ   425.61
Palo Alto Networks, Keysight fall; Garmin, Toll Brothers rise, Wednesday, 2/21/2024
Laser breakthrough could send stock soaring 2,467% (Ad)
Applied Materials stock is Ray Dalio's favorite in this new cycle
Palo Alto Networks aims at cyber security leadership
Laser breakthrough could send stock soaring 2,467% (Ad)
Spotify sounding better to analysts as company tunes into profits
3 Reasons the Capital One-Discover merger is a big deal
Stop buying AI stocks! (Ad)
How major US stock indexes fared Wednesday, 2/21/2024
Germany says Europe's largest economy is in 'troubled waters' and cuts its growth forecast
S&P 500   4,981.80
DOW   38,612.24
QQQ   425.61
Palo Alto Networks, Keysight fall; Garmin, Toll Brothers rise, Wednesday, 2/21/2024
Laser breakthrough could send stock soaring 2,467% (Ad)
Applied Materials stock is Ray Dalio's favorite in this new cycle
Palo Alto Networks aims at cyber security leadership
Laser breakthrough could send stock soaring 2,467% (Ad)
Spotify sounding better to analysts as company tunes into profits
3 Reasons the Capital One-Discover merger is a big deal
Stop buying AI stocks! (Ad)
How major US stock indexes fared Wednesday, 2/21/2024
Germany says Europe's largest economy is in 'troubled waters' and cuts its growth forecast

PDD (PDD) Stock Price, News & Analysis

$129.76
-1.54 (-1.17%)
(As of 02/21/2024 ET)
Today's Range
$129.00
$135.07
50-Day Range
$121.14
$151.33
52-Week Range
$59.67
$152.99
Volume
6.36 million shs
Average Volume
7.68 million shs
Market Capitalization
$171.23 billion
P/E Ratio
29.16
Dividend Yield
N/A
Price Target
$128.04

PDD MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
1.3% Downside
$128.04 Price Target
Short Interest
Healthy
2.03% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-1.41
Upright™ Environmental Score
News Sentiment
0.72mentions of PDD in the last 14 days
Based on 15 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.

4.15 out of 5 stars

Retail/Wholesale Sector

42nd out of 203 stocks

Business Services, Not Elsewhere Classified Industry

25th out of 86 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)
Analysts are gradually shifting toward underperforming, less prominent names to find the next big thing - including these three current Wall Street faves
Wall Street is surprisingly most bullish on these 3 Nasdaq stocks
NVIDIA is the best example. After soaring 239% last year, the semiconductor leader is up almost 50% year-to-date.
This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
Is PDD Holdings (NASDAQ:PDD) A Risky Investment?
PDD Mar 2024 150.000 call
PDD Feb 2024 140.000 call
PDD Feb 2024 155.000 put
This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
3 Emerging Tech Titans Primed for a 400% Rally
PDD Feb 2024 149.000 put
PDD Mar 2024 130.000 call
Temu targets US consumers in series of Super Bowl ads
PDD Jun 2025 210.000 put
PDD Aug 2024 130.000 put
See More Headlines
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Company Calendar

Last Earnings
11/28/2023
Today
2/21/2024
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
-1.3%
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
$3.64 per share
Book Value
$12.94 per share

Miscellaneous

Outstanding Shares
1,319,590,000
Free Float
1,270,762,000
Market Cap
$171.23 billion
Optionable
Optionable
Beta
0.69

Social Links

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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

Should I Buy PDD Stock? PDD Pros and Cons Explained

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of PDD was last updated on Wednesday, February 21, 2024 at 1:18 PM.

Pros

Here are some ways that investors could benefit from investing in PDD Holdings Inc.:

  • PDD Holdings Inc. operates Pinduoduo, a successful e-commerce platform with a growing user base.
  • Recent developments show that PDD Holdings Inc. has diversified its portfolio of businesses, providing potential for growth.
  • With the recent name change to PDD Holdings Inc., the company may be undergoing strategic transformations to enhance shareholder value.
  • The current stock price of PDD Holdings Inc. reflects positive market sentiment and potential for future gains.
  • Investors can benefit from the multinational presence of PDD Holdings Inc., tapping into various markets for revenue streams.

Cons

Investors should be bearish about investing in PDD Holdings Inc. for these reasons:

  • PDD Holdings Inc. may face competition in the e-commerce sector, impacting its market share and profitability.
  • Uncertainties in the global economy could affect the performance of PDD Holdings Inc.'s businesses and stock price.
  • Changes in regulations or trade policies could pose risks to PDD Holdings Inc.'s operations and financial performance.
  • Investing in PDD Holdings Inc. carries inherent market risks that may not be suitable for all investors.
  • Fluctuations in consumer preferences and trends could impact the demand for products offered by PDD Holdings Inc.














PDD Stock Analysis - Frequently Asked Questions

Should I buy or sell PDD stock right now?

10 Wall Street 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 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 predict the company's stock price to reach $128.04 in the next twelve months. This suggests that the stock has a possible downside of 1.3%.
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 shares have decreased by 11.3% and is now trading at $129.76.
View the best growth stocks for 2024 here
.

Are investors shorting PDD?

PDD saw a decrease in short interest during the month of January. As of January 31st, there was short interest totaling 26,820,000 shares, a decrease of 23.8% from the January 15th total of 35,180,000 shares. Based on an average trading volume of 7,890,000 shares, the short-interest ratio is presently 3.4 days.
View PDD's Short Interest
.

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) announced its quarterly earnings results on Tuesday, November, 28th. The company reported $11.61 EPS for the quarter, topping analysts' consensus estimates of $8.94 by $2.67. The business had revenue of $68.84 billion for the quarter, compared to analysts' expectations of $55.18 billion. PDD had a trailing twelve-month return on equity of 34.07% and a net margin of 23.25%. PDD's revenue for the quarter was up 93.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $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 a price of $16.00-$19.00 per share. Credit Suisse, Goldman Sachs (Asia) and CICC acted 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 retail and institutional investors. Top institutional shareholders 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 Price T Rowe Associates Inc. MD (0.37%).

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 2/22/2024 by MarketBeat.com Staff