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Stock market today: World shares are mostly lower, tracking a rates-driven tumble on Wall Street
S&P 500   4,229.45
DOW   33,002.38
QQQ   354.92
3 Drone Stocks That Can Lift Your Portfolio Higher
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
International Paper's 5% Yield Offers Big Value
Warren Buffett's company dumps another 5 million shares of printer maker HP
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
How You Can Beat the Yields on near 5% Treasuries, plus Upside
This Is One of the Top-Rated and Most-Upgraded Stocks
Experts: "NVIDIA Bubble" Could Affect Entire Market (Ad)
5 Economic Trends That Will Drive The Market In Q4
Stock market today: World shares are mostly lower, tracking a rates-driven tumble on Wall Street
S&P 500   4,229.45
DOW   33,002.38
QQQ   354.92
3 Drone Stocks That Can Lift Your Portfolio Higher
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
International Paper's 5% Yield Offers Big Value
Warren Buffett's company dumps another 5 million shares of printer maker HP
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
How You Can Beat the Yields on near 5% Treasuries, plus Upside
This Is One of the Top-Rated and Most-Upgraded Stocks
Experts: "NVIDIA Bubble" Could Affect Entire Market (Ad)
5 Economic Trends That Will Drive The Market In Q4
Stock market today: World shares are mostly lower, tracking a rates-driven tumble on Wall Street
S&P 500   4,229.45
DOW   33,002.38
QQQ   354.92
3 Drone Stocks That Can Lift Your Portfolio Higher
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
International Paper's 5% Yield Offers Big Value
Warren Buffett's company dumps another 5 million shares of printer maker HP
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
How You Can Beat the Yields on near 5% Treasuries, plus Upside
This Is One of the Top-Rated and Most-Upgraded Stocks
Experts: "NVIDIA Bubble" Could Affect Entire Market (Ad)
5 Economic Trends That Will Drive The Market In Q4
Stock market today: World shares are mostly lower, tracking a rates-driven tumble on Wall Street

PDD (PDD) Stock Forecast, Price & News

$97.90
-1.77 (-1.78%)
(As of 10/3/2023 ET)
Compare
Today's Range
$97.37
$100.26
50-Day Range
$76.98
$103.29
52-Week Range
$38.80
$106.38
Volume
6.70 million shs
Average Volume
8.53 million shs
Market Capitalization
$129.19 billion
P/E Ratio
24.29
Dividend Yield
N/A
Price Target
$117.75

PDD MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
20.3% Upside
$117.75 Price Target
Short Interest
Healthy
2.34% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-1.41
Upright™ Environmental Score
News Sentiment
0.63mentions of PDD in the last 14 days
Based on 9 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
21.03%
From $4.09 to $4.95 Per Share

Overall MarketRank

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

2.58 out of 5 stars

Retail/Wholesale Sector

57th out of 209 stocks

Business Services, Not Elsewhere Classified Industry

29th out of 85 stocks


PDD stock logo

About PDD (NASDAQ:PDD) Stock

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 Price History

PDD Stock News Headlines

Ray Dalio's Move into 3 Stocks, All Betting on One Thing (PDD)
As China's economy looks to rebound back from its dark lows, this massive hedge fund placed new bets on what can outperform, take a look before piggybacking
Man Gets Into a Self-Driving Tesla… What Happens Next will Shock Everyone (Video)
“Hi, I’m Teeka Tiwari...I’m about to get in this Tesla and drive up to a facility just a few miles from here to show you what could be the secret behind Elon Musk’s new AI project… What happens next will shock you…”
Best China Stocks: These Two Are Flashing Buy Signals Now
6 of the Best Emerging Market Stocks to Buy
Man Gets Into a Self-Driving Tesla… What Happens Next will Shock Everyone (Video)
“Hi, I’m Teeka Tiwari...I’m about to get in this Tesla and drive up to a facility just a few miles from here to show you what could be the secret behind Elon Musk’s new AI project… What happens next will shock you…”
PDD (NASDAQ:PDD) Shares Gap Up to $92.17
2 Reasons Pinduoduo Is the Stock to Watch Now
PDD Holdings: Shorts Are Asking For Pain
Bernstein Sticks to Its Buy Rating for PDD Holdings (PDD)
See More Headlines
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PDD Company Calendar

Last Earnings
8/29/2023
Today
10/04/2023
Next Earnings (Estimated)
11/27/2023
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
$117.75
High Stock Price Forecast
$140.00
Low Stock Price Forecast
$95.50
Forecasted Upside/Downside
+20.3%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
12 Analysts

Profitability

Net Income
$4.57 billion
Pretax Margin
29.19%

Debt

Sales & Book Value

Annual Sales
$18.93 billion
Cash Flow
$3.79 per share
Book Value
$12.94 per share

Miscellaneous

Outstanding Shares
1,319,590,000
Free Float
1,270,762,000
Market Cap
$129.19 billion
Optionable
Optionable
Beta
0.78

Social Links

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Key Executives

  • Mr. Lei Chen (Age 43)
    Gen. Counsel, Co-CEO & Chairman
  • Mr. Jiazhen Zhao (Age 39)
    Co-CEO & Exec. Director
  • Ms. Jun Liu (Age 39)
    VP of Fin.
  • Mr. Junyun Xiao (Age 43)
    Sr. VP of Operation
  • Xin Yi Lim
    Investor Relations Officers
  • Mr. Nick Shu C.F.A.
    Director of Corp. Devel. & IR
  • Mr. Zhenwei Zheng (Age 39)
    Sr. VP of Product Devel.
  • David Liu
    VP of Strategy
  • Peng Cheng
    IR Director













PDD Stock - Frequently Asked Questions

Should I buy or sell PDD stock right now?

12 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for PDD in the last year. There are currently 12 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 forecast for 2023?

12 equities research analysts have issued twelve-month target prices for PDD's shares. Their PDD share price forecasts range from $95.50 to $140.00. On average, they expect the company's share price to reach $117.75 in the next year. This suggests a possible upside of 20.3% 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 beginning of the year. Since then, PDD stock has increased by 20.0% and is now trading at $97.90.
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, November 27th 2023.
View our PDD earnings forecast
.

How were PDD's earnings last quarter?

PDD Holdings Inc. (NASDAQ:PDD) issued its quarterly earnings results on Tuesday, August, 29th. The company reported $10.47 earnings per share (EPS) for the quarter, topping the consensus estimate of $7.30 by $3.17. The firm had revenue of $52.28 billion for the quarter, compared to analyst estimates of $43.39 billion. PDD had a net margin of 24.93% and a trailing twelve-month return on equity of 33.87%. The business's revenue for the quarter was up 66.3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.93 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 (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.

What is PDD's stock symbol?

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

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 $97.90.

How much money does PDD make?

PDD (NASDAQ:PDD) has a market capitalization of $129.19 billion and generates $18.93 billion in revenue each year. The company earns $4.57 billion in net income (profit) each year or $4.03 on an earnings per share basis.

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 10/4/2023 by MarketBeat.com Staff

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