S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
A man fatally stabbed 4 family members before police shot and killed him; 2 officers injured
New CBOE “special perk” helps traders target income every weekend (Ad)
British military reports an explosion off the coast of Yemen in the key Bab el-Mandeb Strait
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Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Chinese developer Evergrande risking liquidation if creditors veto its plan for handling huge debts
Lacking counselors, US schools turn to the booming business of online therapy
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Kiss say farewell to live touring, become first US band to go virtual and become digital avatars
S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
A man fatally stabbed 4 family members before police shot and killed him; 2 officers injured
New CBOE “special perk” helps traders target income every weekend (Ad)
British military reports an explosion off the coast of Yemen in the key Bab el-Mandeb Strait
Breaches by Iran-affiliated hackers spanned multiple U.S. states, federal agencies say
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Chinese developer Evergrande risking liquidation if creditors veto its plan for handling huge debts
Lacking counselors, US schools turn to the booming business of online therapy
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Kiss say farewell to live touring, become first US band to go virtual and become digital avatars
S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
A man fatally stabbed 4 family members before police shot and killed him; 2 officers injured
New CBOE “special perk” helps traders target income every weekend (Ad)
British military reports an explosion off the coast of Yemen in the key Bab el-Mandeb Strait
Breaches by Iran-affiliated hackers spanned multiple U.S. states, federal agencies say
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Chinese developer Evergrande risking liquidation if creditors veto its plan for handling huge debts
Lacking counselors, US schools turn to the booming business of online therapy
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Kiss say farewell to live touring, become first US band to go virtual and become digital avatars
S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
A man fatally stabbed 4 family members before police shot and killed him; 2 officers injured
New CBOE “special perk” helps traders target income every weekend (Ad)
British military reports an explosion off the coast of Yemen in the key Bab el-Mandeb Strait
Breaches by Iran-affiliated hackers spanned multiple U.S. states, federal agencies say
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Chinese developer Evergrande risking liquidation if creditors veto its plan for handling huge debts
Lacking counselors, US schools turn to the booming business of online therapy
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Kiss say farewell to live touring, become first US band to go virtual and become digital avatars

PDD Stock Price, News & Analysis (NASDAQ:PDD)

$145.27
-2.17 (-1.47%)
(As of 12/1/2023 ET)
Compare
Today's Range
$142.44
$146.30
50-Day Range
$93.93
$147.44
52-Week Range
$59.67
$147.65
Volume
11.56 million shs
Average Volume
8.16 million shs
Market Capitalization
$191.70 billion
P/E Ratio
32.65
Dividend Yield
N/A
Price Target
$126.12

PDD MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
13.2% Downside
$126.12 Price Target
Short Interest
Healthy
2.14% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-1.41
Upright™ Environmental Score
News Sentiment
0.60mentions of PDD in the last 14 days
Based on 51 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
19.90%
From $3.92 to $4.70 Per Share

Overall MarketRank

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

1.98 out of 5 stars

Retail/Wholesale Sector

107th out of 202 stocks

Business Services, Not Elsewhere Classified Industry

53rd 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

At a $122.25 price target, PDD analysts need to catch up (PDD)
China's consumer is staging a once in a cycle comeback, while PDD is showing its strength, markets expect the show to go on a while longer
The JD.com train is getting ready to leave the station again (PDD)
JD.com Inc. (NASDAQ: JD) is often cited as the Amazon.com Inc. (NASDAQ: AMZN) of China. This comparison applies due to its sheer massive scale,
New CBOE “special perk” helps traders target income every weekend
You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.
Alibaba is down more than 10% since earnings, now what? (PDD)
Alibaba stock is at the point of maximum pessimism, where the big money is made for those savvy enough to recognize value. Speaking of value: check THIS
PDD (NASDAQ:PDD) Shares Gap Down to $147.44
Why PDD Holdings Stock Zoomed 22% Higher This Week
New CBOE “special perk” helps traders target income every weekend
You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.
PDD (NASDAQ:PDD) Sets New 1-Year High After Analyst Upgrade
PDD Holdings named Top Pick in China e-commerce at Morgan Stanley
Why PDD Holdings Stock Jumped (Again) Today
PDD Holdings: Another Home Run
What's Going On With PDD Holdings Stock?
PDD (NASDAQ:PDD) Price Target Raised to $190.00 at Benchmark
Why PDD Holdings Stock Was Moving Higher Again Today
See More Headlines
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Company Calendar

Last Earnings
11/28/2023
Today
12/03/2023
Fiscal Year End
12/31/2023
Next Earnings (Estimated)
3/18/2024

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
$126.12
High Stock Price Target
$190.00
Low Stock Price Target
$95.50
Potential Upside/Downside
-13.2%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
11 Analysts

Profitability

Net Income
$4.57 billion
Pretax Margin
27.84%

Debt

Sales & Book Value

Annual Sales
$18.93 billion
Cash Flow
$3.80 per share
Book Value
$16.83 per share

Miscellaneous

Outstanding Shares
1,319,590,000
Free Float
1,270,762,000
Market Cap
$191.70 billion
Optionable
Optionable
Beta
0.78

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Key Executives

  • Mr. Lei Chen (Age 43)
    General Counsel, Co-CEO & Chairman
  • Mr. Jiazhen Zhao (Age 39)
    Co-CEO & Executive Director
  • Ms. Jun Liu (Age 39)
    Vice President of Finance
  • Mr. Junyun Xiao (Age 43)
    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 39)
    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?

11 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for PDD in the last twelve months. There are currently 11 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?

11 Wall Street analysts have issued 1-year price objectives for PDD's stock. Their PDD share price targets range from $95.50 to $190.00. On average, they expect the company's share price to reach $126.12 in the next twelve months. This suggests that the stock has a possible downside of 13.2%.
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 beginning of the year. Since then, PDD shares have increased by 78.1% and is now trading at $145.27.
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, March 18th 2024.
View our PDD earnings forecast
.

How were PDD's earnings last quarter?

PDD Holdings Inc. (NASDAQ:PDD) announced its 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 earned $68.84 billion during the quarter, compared to the consensus estimate of $55.18 billion. PDD had a net margin of 23.25% and a trailing twelve-month return on equity of 34.07%. PDD's revenue was up 93.9% on a year-over-year basis. During the same period in the prior 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 (IPO) 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 number of retail and institutional investors. Top institutional investors include SC US Ttgp LTD. (3.66%), Baillie Gifford & Co. (2.70%), FMR LLC (1.34%), IDG China Venture Capital Fund IV Associates L.P. (0.58%), Invesco Ltd. (0.56%) and Krane Funds Advisors LLC (0.44%).

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.

This page (NASDAQ:PDD) was last updated on 12/3/2023 by MarketBeat.com Staff

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