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NASDAQ:PDD

Pinduoduo - PDD Stock Forecast, Price & News

$63.56
-1.70 (-2.60%)
(As of 10/7/2022 12:00 AM ET)
Add
Compare
Today's Range
$62.58
$64.33
50-Day Range
$45.76
$72.19
52-Week Range
$23.21
$104.30
Volume
4.82 million shs
Average Volume
13.72 million shs
Market Capitalization
$78.73 billion
P/E Ratio
29.84
Dividend Yield
N/A
Price Target
$76.73

Pinduoduo MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.73 Rating Score
Upside/​Downside
20.7% Upside
$76.73 Price Target
Short Interest
Healthy
1.48% of Float Sold Short
Dividend Strength
N/A
Sustainability
-1.41
Upright™ Environmental Score
News Sentiment
0.40mentions of Pinduoduo in the last 14 days
Based on 8 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
20.73%
From $2.46 to $2.97 Per Share

Overall MarketRank

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

2.35 out of 5 stars

Retail/Wholesale Sector

100th out of 212 stocks

Business Services, Not Elsewhere Classified Industry

42nd out of 101 stocks

PDD stock logo

About Pinduoduo (NASDAQ:PDD) Stock

Pinduoduo Inc., through its subsidiaries, operates an e-commerce platform in the People's Republic of China. It operates Pinduoduo, a mobile platform that offers a range of products, including apparel, shoes, bags, mother and childcare products, food and beverages, fresh produce, electronic appliances, furniture and household goods, cosmetics and other personal care items, sports and fitness items, and auto accessories. The company was formerly known as Walnut Street Group Holding Limited and changed its name to Pinduoduo Inc. in July 2018. Pinduoduo Inc. was incorporated in 2015 and is headquartered in Shanghai, the People's Republic of China.

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PDD Stock News Headlines

A Look At The Fair Value Of Pinduoduo Inc. (NASDAQ:PDD)
Analysts Set Pinduoduo Inc. (NASDAQ:PDD) Price Target at $79.60
Calculating The Fair Value Of Pinduoduo Inc. (NASDAQ:PDD)
See More Headlines
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PDD Company Calendar

Last Earnings
8/29/2022
Today
10/07/2022
Next Earnings (Estimated)
11/25/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Business services, not elsewhere classified
Sub-Industry
N/A
Current Symbol
NASDAQ:PDD
Fax
N/A
Employees
9,762
Year Founded
2015

Price Target and Rating

Average Stock Price Forecast
$76.73
High Stock Price Forecast
$107.00
Low Stock Price Forecast
$48.00
Forecasted Upside/Downside
+20.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.73
Research Coverage
11 Analysts

Profitability

Net Income
$1.22 billion
Pretax Margin
16.43%

Debt

Sales & Book Value

Annual Sales
$14.74 billion
Cash Flow
$1.91 per share
Book Value
$9.52 per share

Miscellaneous

Outstanding Shares
1,238,703,000
Free Float
1,192,871,000
Market Cap
$78.73 billion
Optionable
Optionable
Beta
0.68

Social Links


Key Executives

  • Mr. Lei ChenMr. Lei Chen (Age 42)
    Chairman & CEO
  • Ms. Jun Liu (Age 39)
    VP of Fin.
  • Mr. Junyun Xiao (Age 42)
    Sr. VP of Operation
  • Xin Yi Lim
    Investor Relations Officers
  • Mr. Jianchong Zhu (Age 42)
    Gen. Counsel
  • Mr. Nick Shu C.F.A.
    Director of Corp. Devel. & IR
  • Mr. Zhenwei Zheng (Age 38)
    Sr. VP of Product Devel.
  • David Liu
    VP of Strategy













PDD Stock - Frequently Asked Questions

Should I buy or sell Pinduoduo stock right now?

11 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Pinduoduo in the last twelve months. There are currently 3 hold ratings and 8 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 Pinduoduo's stock price forecast for 2022?

11 equities research analysts have issued 12 month target prices for Pinduoduo's stock. Their PDD share price forecasts range from $48.00 to $107.00. On average, they predict the company's stock price to reach $76.73 in the next year. This suggests a possible upside of 20.4% 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 2022?

Pinduoduo's stock was trading at $58.30 at the beginning of 2022. Since then, PDD stock has increased by 9.3% and is now trading at $63.72.
View the best growth stocks for 2022 here
.

When is Pinduoduo's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, November 25th 2022.
View our PDD earnings forecast
.

How were Pinduoduo's earnings last quarter?

Pinduoduo Inc. (NASDAQ:PDD) issued its quarterly earnings data on Monday, August, 29th. The company reported $7.54 earnings per share for the quarter, topping analysts' consensus estimates of $0.27 by $7.27. The company had revenue of $4.69 billion for the quarter, compared to analysts' expectations of $3.54 billion. Pinduoduo had a net margin of 18.88% and a trailing twelve-month return on equity of 29.57%. During the same period in the previous year, the business posted $0.33 earnings per share.

What other stocks do shareholders of Pinduoduo own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Pinduoduo 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 Pinduoduo 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 Pinduoduo's stock symbol?

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

Who are Pinduoduo's major shareholders?

Pinduoduo's stock is owned by many different institutional and retail investors. Top institutional shareholders include Gulf International Bank UK Ltd (0.01%).

How do I buy shares of Pinduoduo?

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 Pinduoduo's stock price today?

One share of PDD stock can currently be purchased for approximately $63.72.

How much money does Pinduoduo make?

Pinduoduo (NASDAQ:PDD) has a market capitalization of $78.93 billion and generates $14.74 billion in revenue each year. The company earns $1.22 billion in net income (profit) each year or $2.13 on an earnings per share basis.

How many employees does Pinduoduo have?

The company employs 9,762 workers across the globe.

How can I contact Pinduoduo?

Pinduoduo'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 862152661300 or via email at investor@pinduoduo.com.

This page (NASDAQ:PDD) was last updated on 10/7/2022 by MarketBeat.com Staff

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