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DOW   37,798.97
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3 Computer Vision Stocks for Long-Term Gains From AI
S&P 500   5,051.41
DOW   37,798.97
QQQ   431.10
ASML’s Earnings Could Bring The Stock to New Highs
Stock market today: Asian benchmarks trade mixed amid expectations for US rates to stay high
Kinder Morgan Stock Bid Up In An Oil Breakout
Undervalued UnitedHealth Group Won’t Be For Long
Silicon Motion Proves That AI in Motion Stays in Motion
DocuSign and The Case for 66% Upside 
3 Computer Vision Stocks for Long-Term Gains From AI
S&P 500   5,051.41
DOW   37,798.97
QQQ   431.10
ASML’s Earnings Could Bring The Stock to New Highs
Stock market today: Asian benchmarks trade mixed amid expectations for US rates to stay high
Kinder Morgan Stock Bid Up In An Oil Breakout
Undervalued UnitedHealth Group Won’t Be For Long
Silicon Motion Proves That AI in Motion Stays in Motion
DocuSign and The Case for 66% Upside 
3 Computer Vision Stocks for Long-Term Gains From AI
S&P 500   5,051.41
DOW   37,798.97
QQQ   431.10
ASML’s Earnings Could Bring The Stock to New Highs
Stock market today: Asian benchmarks trade mixed amid expectations for US rates to stay high
Kinder Morgan Stock Bid Up In An Oil Breakout
Undervalued UnitedHealth Group Won’t Be For Long
Silicon Motion Proves That AI in Motion Stays in Motion
DocuSign and The Case for 66% Upside 
3 Computer Vision Stocks for Long-Term Gains From AI

PDD (PDD) Stock Price, News & Analysis

$113.52
-0.77 (-0.67%)
(As of 04/16/2024 ET)
Today's Range
$111.86
$115.45
50-Day Range
$110.34
$135.32
52-Week Range
$59.67
$152.99
Volume
5.15 million shs
Average Volume
8.33 million shs
Market Capitalization
$149.80 billion
P/E Ratio
19.81
Dividend Yield
N/A
Price Target
$146.85

PDD MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.89 Rating Score
Upside/​Downside
29.4% Upside
$146.85 Price Target
Short Interest
Healthy
1.85% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-1.41
Upright™ Environmental Score
News Sentiment
0.59mentions of PDD in the last 14 days
Based on 13 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
26.11%
From $7.85 to $9.90 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.

4.85 out of 5 stars

Retail/Wholesale Sector

9th out of 195 stocks

Business Services, Not Elsewhere Classified Industry

2nd out of 85 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

PDD Holdings Stock Can Have Another Double-Digit Rally This Week
Watch for a dip buying opportunity in PDD Holdings Inc. NASDAQ: PDD as China's economy blows past expectations this quarter. Analysts may see their hands forced to boost their current price targets when they compare PDD and peers like Alibaba Group NYSE: BABA and JD.com Inc. NASDAQ: JD.
PDD Holdings Stock Can Have Another Double-Digit Rally This Week (PDD)
PDD stock is quickly becoming the market's favorite this time around, analysts are boosting their price targets and institutions bought right before earnings
BUY ALERT: Billionaires piling into this asset class
Legendary investor Warren Buffett has poured over $500 million into gold! It's a BIG move by one of the world's most cautious investors.
BUY ALERT: Billionaires piling into this asset class
Legendary investor Warren Buffett has poured over $500 million into gold! It's a BIG move by one of the world's most cautious investors.
Smart Money Is Betting Big In PDD Options
PDD Holdings: I'm Buying This Now
3 Stocks to Exit Now Ahead of Any Chinese App Bans
PDD Soared And Slumped: What Happened?
See More Headlines
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Company Calendar

Last Earnings
3/20/2024
Today
4/16/2024
Next Earnings (Estimated)
5/24/2024
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
$146.85
High Stock Price Target
$220.00
Low Stock Price Target
$110.00
Potential Upside/Downside
+29.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.89
Research Coverage
9 Analysts

Profitability

Net Income
$8.45 billion
Pretax Margin
29.03%

Debt

Sales & Book Value

Annual Sales
$34.88 billion
Cash Flow
$9.88 per share
Book Value
$19.99 per share

Miscellaneous

Outstanding Shares
1,319,590,000
Free Float
1,270,762,000
Market Cap
$149.80 billion
Optionable
Optionable
Beta
0.67

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

Pros

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

  • PDD Holdings Inc. has shown consistent growth in institutional investments, indicating confidence from major financial entities.
  • Recent analyst upgrades have raised the target price for PDD stock, suggesting positive future performance.
  • The company's stock price has been trading at a relatively stable level, providing a sense of security for investors.
  • PDD Holdings Inc. has a strong market capitalization of $157.24 billion, reflecting its significant presence in the market.
  • The company's low debt-to-equity ratio of 0.03 indicates a healthy financial structure.

Cons

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

  • Despite recent analyst upgrades, there is a risk of market volatility affecting the stock price of PDD Holdings Inc.
  • The company's stock performance has shown fluctuations, which may lead to uncertainty among investors.
  • PDD Holdings Inc. has a beta of 0.67, indicating moderate volatility compared to the market index.
  • Investors should consider the company's price-to-earnings ratio of 20.80 and price-to-earnings-growth ratio of 0.30 for valuation analysis.
  • While the company has a strong market capitalization, investors should assess potential market risks that could impact PDD's performance.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Friday, April 12, 2024. Please send any questions or comments about these PDD pros and cons to contact@marketbeat.com.

PDD Stock Analysis - Frequently Asked Questions

Should I buy or sell PDD stock right now?

9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for PDD in the last year. There are currently 1 hold rating and 8 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" PDD shares.
View PDD analyst ratings
or view top-rated stocks.

What is PDD's stock price target for 2024?

9 Wall Street research analysts have issued 1-year target prices for PDD's shares. Their PDD share price targets range from $110.00 to $220.00. On average, they anticipate the company's stock price to reach $146.85 in the next twelve months. This suggests a possible upside of 29.4% 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 start of the year. Since then, PDD shares have decreased by 22.4% and is now trading at $113.52.
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 Friday, May 24th 2024.
View our PDD earnings forecast
.

How were PDD's earnings last quarter?

PDD Holdings Inc. (NASDAQ:PDD) posted its quarterly earnings data on Wednesday, March, 20th. The company reported $2.23 earnings per share for the quarter, beating analysts' consensus estimates of $1.42 by $0.81. The company had revenue of $12.52 billion for the quarter, compared to analyst estimates of $11.80 billion. PDD had a net margin of 24.23% and a trailing twelve-month return on equity of 39.10%.

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 (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 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 many different institutional and retail investors. Top institutional shareholders include IMC Chicago LLC (0.00%), Matthews International Capital Management LLC (0.03%), Los Angeles Capital Management LLC (0.02%), Banque Cantonale Vaudoise (0.00%), AMF Tjanstepension AB (0.00%) and Global Assets Advisory LLC (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 4/17/2024 by MarketBeat.com Staff

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