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 brokers have issued 1 year target prices 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 11.2%. 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 2023. Since then, PDD shares have increased by 74.1% and is now trading at $141.99. 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) released its quarterly earnings results on Tuesday, November, 28th. The company reported $11.61 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $8.94 by $2.67. The firm earned $68.84 billion during 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 company's revenue was up 93.9% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.03 earnings per share.

What ETFs hold PDD's stock?

ETFs with the largest weight of PDD (NASDAQ:PDD) stock in their portfolio include Emerging Markets Internet & Ecommerce ETF (EMQQ) , Invesco Golden Dragon China ETF (PGJ) , Invesco China Technology ETF (CQQQ) , KraneShares CSI China Internet ETF (KWEB) , Global X China Consumer ETF (CHIQ) , Global X Emerging Markets Internet & E-commerce ETF (EWEB) , Matthews China Active ETF (MCH) and First Trust International IPO ETF (FPXI) .

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) .

(PDD) raised $1.5 billion in an 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 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 .

Top-Rated StocksTop-Rated

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

$141.99

-1.47 (-1.02%)

(As of 12/6/2023 ET)

Compare

Today's Range: $141.69
▼
$145.43
50-Day Range: $95.61
▼
$147.44
52-Week Range: $59.67
▼
$147.65

Volume: 6.20 million shs
Average Volume: 9.18 million shs
Market Capitalization: $187.37 billion

P/E Ratio: 31.91
Dividend Yield: N/A
Price Target: $126.12

PDD MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 11.2% 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: 0.71
Based on 28 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.

2.30 out of 5 stars

Retail/Wholesale Sector

67th out of 168 stocks

Business Services, Not Elsewhere Classified Industry

31st out of 77 stocks

1.5

Analyst's Opinion

Consensus Rating
PDD has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 11 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $126.12, PDD has a forecasted downside of 11.2% from its current price of $141.99.
Amount of Analyst Coverage
PDD has only been the subject of 3 research reports in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
2.14% of the outstanding shares of PDD have been sold short.
Short Interest Ratio / Days to Cover
PDD has a short interest ratio ("days to cover") of 3.2, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in PDD has recently decreased by 5.36%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
PDD does not currently pay a dividend.
Dividend Growth
PDD does not have a long track record of dividend growth.

2.2

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
PDD has received a 6.19% net impact score from Upright. Pinduoduo seems to create the most significant positive value in categories "Taxes", "Meaning & joy", and "Jobs". The positive contribution in the "Meaning & joy" impact category is mostly driven by its "E-commerce video software", "E-commerce search software", and "E-commerce platform software" products. See details.
Environmental Sustainability
The Environmental Impact score for PDD is -1.41.

3.7

News and Social Media Coverage

News Sentiment
PDD has a news sentiment score of 0.71. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.40 average news sentiment score of Retail/Wholesale companies.
News Coverage This Week
MarketBeat has tracked 28 news articles for PDD this week, compared to 7 articles on an average week.
Search Interest
78 people have searched for PDD on MarketBeat in the last 30 days. This is an increase of 66% compared to the previous 30 days.
MarketBeat Follows
29 people have added PDD to their MarketBeat watchlist in the last 30 days. This is an increase of 21% compared to the previous 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, PDD insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 3.70% of the stock of PDD is held by insiders.
Percentage Held by Institutions
Only 31.08% of the stock of PDD is held by institutions.

3.8

Earnings and Valuation

Earnings Growth
Earnings for PDD are expected to grow by 19.90% in the coming year, from $3.92 to $4.70 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of PDD is 31.91, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 116.77.
Price to Earnings Ratio vs. Sector
The P/E ratio of PDD is 31.91, which means that it is trading at a more expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 27.45.
Price to Earnings Growth Ratio
PDD has a PEG Ratio of 0.91. PEG Ratios below 1 indicate that a company could be undervalued.
Price to Book Value per Share Ratio
PDD has a P/B Ratio of 10.97. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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

30 days | 90 days | 365 days | Advanced Chart

PDD Stock News Headlines

November 29, 2023 | marketbeat.com

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

November 29, 2023 | marketbeat.com

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,

December 7, 2023 | Autonomix (Ad)

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November 28, 2023 | marketbeat.com

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

December 6, 2023 | baystreet.ca

Why Alibaba is Falling While PDD Rises

December 6, 2023 | msn.com

What Makes PDD Holdings Inc. (PDD) a Strong Momentum Stock: Buy Now?

December 5, 2023 | finance.yahoo.com

Earnings Estimates Moving Higher for PDD Holdings Inc. (PDD): Time to Buy?

December 5, 2023 | finance.yahoo.com

Wall Street Bulls Look Optimistic About PDD Holdings Inc. (PDD): Should You Buy?

December 7, 2023 | Autonomix (Ad)

How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology

December 5, 2023 | seekingalpha.com

Alibaba: Huawei And PDD Are Coming

December 3, 2023 | uk.finance.yahoo.com

PDD Jun 2024 200.000 put

December 3, 2023 | americanbankingnews.com

PDD (NASDAQ:PDD) Shares Gap Down to $147.44

December 1, 2023 | finance.yahoo.com

Why PDD Holdings Stock Zoomed 22% Higher This Week

December 1, 2023 | insidermonkey.com

PDD Holdings Inc. (NASDAQ:PDD) Q3 2023 Earnings Call Transcript

December 1, 2023 | finance.yahoo.com

Why Alibaba, JD.com, and PDD Holdings Stocks All Dropped Today

December 1, 2023 | seekingalpha.com

PDD Holdings: Another Blowout Quarter And Still Undervalued

December 1, 2023 | ft.com

PDD/Alibaba: nimble rival catches up with Jack Ma’s behemoth

December 1, 2023 | americanbankingnews.com

PDD (NASDAQ:PDD) Sets New 1-Year High After Analyst Upgrade

November 30, 2023 | realmoney.thestreet.com

PDD Holdings named Top Pick in China e-commerce at Morgan Stanley

November 30, 2023 | msn.com

Temu wins US injunctions as PDD’s overseas e-commerce platform pushes ahead with legal battles against phishing sites

November 30, 2023 | finance.yahoo.com

Why PDD Holdings Stock Jumped (Again) Today

November 30, 2023 | seekingalpha.com

PDD Holdings: Another Home Run

November 30, 2023 | msn.com

Alibaba Set to Lose Top Spot in China's E-commerce Industry as PDD Surpasses its Value

November 30, 2023 | benzinga.com

What's Going On With PDD Holdings Stock?

November 30, 2023 | msn.com

How Temu, a shopping app targeting US consumers, helped latecomer PDD catch up with Alibaba in market value

November 30, 2023 | news.yahoo.com

As Temu shakes up global ecommerce, PDD nears overtaking Alibaba

November 30, 2023 | americanbankingnews.com

PDD (NASDAQ:PDD) Price Target Raised to $190.00 at Benchmark

See More Headlines

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Company Calendar

Last Earnings: 11/28/2023
Today: 12/06/2023
Fiscal Year End: 12/31/2023
Next Earnings (Estimated): 3/18/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Business services, not elsewhere classified
Sub-Industry: N/A
Sector: Retail/Wholesale
Current Symbol: NASDAQ:PDD
CUSIP: N/A
CIK: 1737806
Web: www.pinduoduo.com
Phone: (531) 539-7938
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: -11.2%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 11 Analysts

Profitability

EPS (Most Recent Fiscal Year): $4.45
Trailing P/E Ratio: 31.91
Forward P/E Ratio: 36.22
P/E Growth: 0.91
Net Income: $4.57 billion
Net Margins: 23.25%
Pretax Margin: 27.84%
Return on Equity: 34.07%
Return on Assets: 17.64%

Debt

Debt-to-Equity Ratio: 0.01
Current Ratio: 1.83
Quick Ratio: 1.83

Sales & Book Value

Annual Sales: $18.93 billion
Price / Sales: 9.90
Cash Flow: $3.71 per share
Price / Cash Flow: 38.27
Book Value: $12.94 per share
Price / Book: 10.97

Miscellaneous

Outstanding Shares: 1,319,590,000
Free Float: 1,270,762,000
Market Cap: $187.37 billion
Optionable: Optionable
Beta: 0.79

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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

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

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 brokers have issued 1 year target prices 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 11.2%.
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 2023. Since then, PDD shares have increased by 74.1% and is now trading at $141.99.
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) released its quarterly earnings results on Tuesday, November, 28th. The company reported $11.61 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $8.94 by $2.67. The firm earned $68.84 billion during 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 company's revenue was up 93.9% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.03 earnings per share.
What ETFs hold PDD's stock?: ETFs with the largest weight of PDD (NASDAQ:PDD) stock in their portfolio include Emerging Markets Internet & Ecommerce ETF (EMQQ), Invesco Golden Dragon China ETF (PGJ), Invesco China Technology ETF (CQQQ), KraneShares CSI China Internet ETF (KWEB), Global X China Consumer ETF (CHIQ), Global X Emerging Markets Internet & E-commerce ETF (EWEB), Matthews China Active ETF (MCH) and First Trust International IPO ETF (FPXI).

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 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 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 12/7/2023 by MarketBeat.com Staff

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

PDD MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About PDD Stock (NASDAQ:PDD)

PDD Stock Price History

PDD Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Institutional Ownership

PDD Stock Analysis - Frequently Asked Questions

Overall MarketRank^™