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Broadcom Stock Pulls into the Buy Zone: Analysts Raise Targets
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S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
What Should Investors Make of These 3 Dividend Cuts?
Why 2023 Could Kick Off a "Cash Frenzy" in Stocks (Ad)
CrowdStrike: Another Tech Stock to Buy on the Dip 
Trading Channel Breakout in Lululemon Brought by Earnings
Why 2023 Could Kick Off a "Cash Frenzy" in Stocks (Ad)
Constellation Brands Taps into Growth: Analysts Bullish on Stock
Salesforce: Time to Snap it Up as the Market Buys the Dip?
Introducing MarketBeat All Access (Ad)
Broadcom Stock Pulls into the Buy Zone: Analysts Raise Targets
Zscaler: Analysts Raise the Bar for the AI Cloud Security Company
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
What Should Investors Make of These 3 Dividend Cuts?
Why 2023 Could Kick Off a "Cash Frenzy" in Stocks (Ad)
CrowdStrike: Another Tech Stock to Buy on the Dip 
Trading Channel Breakout in Lululemon Brought by Earnings
Why 2023 Could Kick Off a "Cash Frenzy" in Stocks (Ad)
Constellation Brands Taps into Growth: Analysts Bullish on Stock
Salesforce: Time to Snap it Up as the Market Buys the Dip?
Introducing MarketBeat All Access (Ad)
Broadcom Stock Pulls into the Buy Zone: Analysts Raise Targets
Zscaler: Analysts Raise the Bar for the AI Cloud Security Company
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
What Should Investors Make of These 3 Dividend Cuts?
Why 2023 Could Kick Off a "Cash Frenzy" in Stocks (Ad)
CrowdStrike: Another Tech Stock to Buy on the Dip 
Trading Channel Breakout in Lululemon Brought by Earnings
Why 2023 Could Kick Off a "Cash Frenzy" in Stocks (Ad)
Constellation Brands Taps into Growth: Analysts Bullish on Stock
Salesforce: Time to Snap it Up as the Market Buys the Dip?
Introducing MarketBeat All Access (Ad)
Broadcom Stock Pulls into the Buy Zone: Analysts Raise Targets
Zscaler: Analysts Raise the Bar for the AI Cloud Security Company
NASDAQ:PDD

PDD (PDD) Stock Forecast, Price & News

$69.54
+0.45 (+0.65%)
(As of 06/2/2023 ET)
Compare
Today's Range
$69.37
▼
$72.00
50-Day Range
$60.02
▼
$76.44
52-Week Range
$38.80
▼
$106.38
Volume
11.49 million shs
Average Volume
10.44 million shs
Market Capitalization
N/A
P/E Ratio
18.69
Dividend Yield
N/A
Price Target
$105.36
ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability

PDD MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.91 Rating Score
Upside/​Downside
51.9% Upside
$105.64 Price Target
Short Interest
Healthy
Dividend Strength
N/A
Sustainability
-1.41
Upright™ Environmental Score
News Sentiment
0.41mentions of PDD in the last 14 days
Based on 32 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
36.64%
From $3.33 to $4.55 Per Share

Overall MarketRank™

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

2.78 out of 5 stars

See Top Rated MarketRank™ Stocks Here

PDD stock logo

About PDD (NASDAQ:PDD) Stock

PDD Holdings, Inc. is a multinational commerce group that owns and operates a portfolio of businesses. The company aims to bring more businesses and people into the digital economy so that local communities and small businesses can benefit from increased productivity and new opportunities. It has built a network of sourcing, logistics, and fulfillment capabilities, that support its underlying businesses. The company was founded by Hua Lin Cai and Zheng Huang on April 20, 2015 and is headquartered in Dublin, Ireland.

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PDD Stock News Headlines

May 31, 2023 | marketbeat.com
Is This the Right Time to Invest in Alibaba? (PDD)
Without the ability to turn significant profits, Alibaba is struggling. Fortunately, the industry as a whole is facing challenges, so watch the sector closely.
May 30, 2023 | marketbeat.com
Can PDD Holdings' Temu Rival Shein? A $22 Billion Opportunity
Chinese ecommerce giant PDD Holdings looks to make a splash in the international market by challenging fast fashion app Shein for dominance.
June 3, 2023 | Vantage Point (Ad)
We Called (ARWR) In Advance, Which Stocks Are Next?
Nearly 56% gains in 30 days! This bullish trend reversal was not only forecasted by A.I., but we called it 1 – 3 days in advance. If you have any money invested in the markets…even just your retirement, you’ll want to see this. Plus, it’s FREE - the training is only an hour & LIVE.
May 19, 2023 | marketbeat.com
Alibaba: Could This Be The Year Of The Dragon (PDD)
Even though many of their headwinds have yet to dissipate fully, there's a growing sense that Alibaba is a sleeping giant that could soon be waking up.
May 4, 2023 | marketbeat.com
3 Underperforming Nasdaq 100 Stocks Worth a Closer Look (PDD)
Given the volatility and growth potential associated with the Nasdaq’s elite, investors may want to keep these recent underperformers on the watch list.
June 3, 2023 | americanbankingnews.com
500.com Reaffirms "Maintains" Rating for PDD (NASDAQ:PDD)
June 2, 2023 | benzinga.com
ROSEN, LEADING LAW FIRM, Encourages PDD Holdings Inc. f/k/a Pinduoduo Inc. Investors to Inquire About Securities Class Action Investigation - PDD
June 1, 2023 | msn.com
Here's Why PDD Holdings Shares Are Rising
June 3, 2023 | Vantage Point (Ad)
We Called (ARWR) In Advance, Which Stocks Are Next?
Nearly 56% gains in 30 days! This bullish trend reversal was not only forecasted by A.I., but we called it 1 – 3 days in advance. If you have any money invested in the markets…even just your retirement, you’ll want to see this. Plus, it’s FREE - the training is only an hour & LIVE.
June 1, 2023 | markets.businessinsider.com
DBS Keeps Their Buy Rating on Pinduoduo (PDD)
May 31, 2023 | 247wallst.com
Unusual Put Option Trade in PDD ADR Worth $6,065.94K
May 31, 2023 | msn.com
Why PDD Holdings Stock Is Trading Sharply Lower
May 31, 2023 | msn.com
Where PDD Holdings Stands With Analysts
May 31, 2023 | markets.businessinsider.com
Barclays Sticks to Its Buy Rating for Pinduoduo (PDD)
May 31, 2023 | americanbankingnews.com
PDD (NASDAQ:PDD) PT Raised to $103.00 at Barclays
May 31, 2023 | americanbankingnews.com
PDD (NASDAQ:PDD) Price Target Increased to $105.00 by Analysts at Citigroup
May 31, 2023 | americanbankingnews.com
PDD (NASDAQ:PDD) Price Target Increased to $97.00 by Analysts at Bank of America
May 31, 2023 | americanbankingnews.com
PDD (NASDAQ:PDD) Price Target Increased to $110.00 by Analysts at Nomura
May 31, 2023 | msn.com
Unusual Put Option Trade in PDD Holdings Inc - ADR (PDD) Worth $6,065.94K
May 30, 2023 | markets.businessinsider.com
Citigroup Maintains Buy Rating for PDD Holdings: Here's What You Need To Know
May 30, 2023 | finance.yahoo.com
Is It Too Late to Buy Pinduoduo (PDD) Stock?
May 30, 2023 | americanbankingnews.com
Benchmark Boosts PDD (NASDAQ:PDD) Price Target to $125.00
May 30, 2023 | markets.businessinsider.com
PDD Holdings (NASDAQ:PDD): Website Traffic Hinted at Solid Q1 Earnings
May 30, 2023 | markets.businessinsider.com
PDD Holdings Gets Price Target Hikes By Analysts Following Better-Than-Expected Q1 Results
May 29, 2023 | markets.businessinsider.com
Bernstein Remains a Buy on Pinduoduo (PDD)
May 29, 2023 | americanbankingnews.com
PDD (NASDAQ:PDD) Given New $79.00 Price Target at Jefferies Financial Group
May 29, 2023 | seekingalpha.com
PDD Holdings Earnings: Astounding Growth, Profitability Surpasses Expectations
See More Headlines

PDD Price History

PDD Company Calendar

Last Earnings
3/20/2023
Today
6/03/2023
Next Earnings (Estimated)
9/04/2023
Fiscal Year End
12/31/2023
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 Forecast
$105.64
High Stock Price Forecast
$125.00
Low Stock Price Forecast
$79.00
Forecasted Upside/Downside
+51.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.91
Research Coverage
11 Analysts

Profitability

EPS (Most Recent Fiscal Year)
$3.72
Trailing P/E Ratio
18.69
Forward P/E Ratio
20.88
P/E Growth
1.06
Net Income
$4.57 billion
Net Margins
25.63%
Pretax Margin
29.48%
Return on Equity
34.10%
Return on Assets
17.17%

Debt

Debt-to-Equity Ratio
0.01
Current Ratio
1.94
Quick Ratio
1.85

Sales & Book Value

Annual Sales
$18.93 billion
Price / Sales
N/A
Cash Flow
$4.07 per share
Price / Cash Flow
17.09
Book Value
$13.78 per share
Price / Book
5.05

Miscellaneous

Outstanding Shares
N/A
Free Float
N/A
Market Cap
N/A
Optionable
Optionable
Beta
0.74

Social Links


Key Executives

  • Lei Chen
    Chairman & Co-Chief Executive Officer
  • Jiazhen Zhao
    Co-Chief Executive Officer & Executive Director
  • Jun Yun Xiao
    Senior Vice President-Operation
  • Jun Liu
    Vice President-Finance
  • Jian Chong Zhu
    General Counsel & Senior Vice President

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions













PDD Stock - 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 year. There are currently 1 hold rating and 10 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?

11 Wall Street research analysts have issued 1-year price objectives for PDD's stock. Their PDD share price forecasts range from $79.00 to $125.00. On average, they predict the company's share price to reach $105.64 in the next twelve months. This suggests a possible upside of 51.9% 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 shares have decreased by 14.7% and is now trading at $69.54.
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, September 4th 2023.
View our PDD earnings forecast.

How were PDD's earnings last quarter?

PDD Holdings Inc. (NASDAQ:PDD) issued its earnings results on Monday, March, 20th. The company reported $8.34 EPS for the quarter, beating the consensus estimate of $1.00 by $7.34. The business earned $39.82 billion during the quarter, compared to the consensus estimate of $40.74 billion. PDD had a trailing twelve-month return on equity of 34.10% and a net margin of 25.63%. The business's revenue was up 46.2% on a year-over-year basis. During the same quarter last year, the firm earned $0.92 earnings per share.

What ETFs hold PDD's stock?

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

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.

What is PDD's stock symbol?

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

Who are PDD's major shareholders?

PDD's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Baillie Gifford & Co. (2.28%), BlackRock Inc. (2.01%), Hhlr Advisors LTD. (0.86%), FMR LLC (0.75%), Susquehanna International Group LLP (0.00%) and Assenagon Asset Management S.A. (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 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 $69.54.

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 6/3/2023 by MarketBeat.com Staff

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