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PDD (PDD) Stock Forecast, Price & News

$92.20
-2.28 (-2.41%)
(As of 09:09 AM ET)
Compare
Today's Range
$92.20
$92.20
50-Day Range
$74.88
$103.29
52-Week Range
$38.80
$106.38
Volume
144,586 shs
Average Volume
9.49 million shs
Market Capitalization
$121.67 billion
P/E Ratio
22.88
Dividend Yield
N/A
Price Target
$117.75

PDD MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
24.6% Upside
$117.75 Price Target
Short Interest
Healthy
2.25% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-1.41
Upright™ Environmental Score
News Sentiment
0.21mentions of PDD in the last 14 days
Based on 10 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.

2.61 out of 5 stars

Retail/Wholesale Sector

76th out of 211 stocks

Business Services, Not Elsewhere Classified Industry

32nd out of 88 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
2 Stocks to Get You Ready for the Holiday Season
Hard to believe, but the 2023 holiday shopping season is quickly approaching. Rather than wait until the last minute to do your shopping, getting pre .
How is This "Hidden Gem" Thriving in a Turbulent Market?
While Wall Street flounders and giants like Amazon & Microsoft lay off thousands... One overlooked company has been quietly achieving over 400% growth. How? By buying, building, and scaling a portfolio of promising brands in high-margin, recession-resistant verticals.
How is This "Hidden Gem" Thriving in a Turbulent Market?
While Wall Street flounders and giants like Amazon & Microsoft lay off thousands... One overlooked company has been quietly achieving over 400% growth. How? By buying, building, and scaling a portfolio of promising brands in high-margin, recession-resistant verticals.
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)
Is Pinduoduo (PDD) Stock a Buy Now?
PDD Sep 2023 90.000 call
What 6 Analyst Ratings Have To Say About PDD Holdings
See More Headlines
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PDD Company Calendar

Last Earnings
8/29/2023
Today
9/21/2023
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
+24.6%
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
$3.65 per share
Book Value
$12.94 per share

Miscellaneous

Outstanding Shares
1,319,590,000
Free Float
1,270,762,000
Market Cap
$124.67 billion
Optionable
Optionable
Beta
0.77

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Key Executives

  • Mr. Lei Chen (Age 43)
    Chairman & Co-CEO
  • 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. Jianchong Zhu (Age 43)
    Sr. VP & Gen. Counsel
  • 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 research analysts have issued "buy," "hold," and "sell" ratings for PDD in the last twelve months. There are currently 12 buy ratings for the stock. The consensus among Wall Street 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 brokers have issued twelve-month price targets for PDD's shares. Their PDD share price forecasts range from $95.50 to $140.00. On average, they predict the company's share price to reach $117.75 in the next year. This suggests a possible upside of 24.6% 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 on January 1st, 2023. Since then, PDD shares have increased by 15.9% and is now trading at $94.48.
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) announced its quarterly earnings data on Tuesday, August, 29th. The company reported $10.47 EPS for the quarter, beating analysts' consensus estimates of $7.30 by $3.17. The firm earned $52.28 billion during the quarter, compared to the consensus estimate of $43.39 billion. PDD had a trailing twelve-month return on equity of 33.87% and a net margin of 24.93%. The company's revenue for the quarter was up 66.3% compared to the same quarter last year. During the same quarter in the previous year, the company 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 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.

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. (2.36%), BlackRock Inc. (1.83%), UBS Asset Management Americas Inc. (0.84%), IDG China Venture Capital Fund IV Associates L.P. (0.62%), Assenagon Asset Management S.A. (0.41%) and Krane Funds Advisors LLC (0.39%).

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 $94.48.

How much money does PDD make?

PDD (NASDAQ:PDD) has a market capitalization of $124.67 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 9/21/2023 by MarketBeat.com Staff

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