S&P 500   4,071.70
DOW   34,429.88
QQQ   292.55
Improve Mental Health Next Year by Breaking 17 Financial Rules
This Skill Could Change The Way You Trade! (Ad)pixel
Pentagon debuts its new stealth bomber, the B-21 Raider
Prosecutor: Evidence shows Trump 'explicitly' OK'd tax fraud
Next-Generation Fighter Jets?!? (Must See) (Ad)pixel
China fines former NBA star Lin over quarantine comments
Can ZIM Defy Broad Downturn In The Container Shipping Industry?
Next-Generation Fighter Jets?!? (Must See) (Ad)pixel
Group of Seven nations and Australia join EU in setting $60-per-barrel price cap on Russian oil
Okta Inc Celebrates Earnings Beat But Can They Sustain the Boost?
S&P 500   4,071.70
DOW   34,429.88
QQQ   292.55
Improve Mental Health Next Year by Breaking 17 Financial Rules
This Skill Could Change The Way You Trade! (Ad)pixel
Pentagon debuts its new stealth bomber, the B-21 Raider
Prosecutor: Evidence shows Trump 'explicitly' OK'd tax fraud
Next-Generation Fighter Jets?!? (Must See) (Ad)pixel
China fines former NBA star Lin over quarantine comments
Can ZIM Defy Broad Downturn In The Container Shipping Industry?
Next-Generation Fighter Jets?!? (Must See) (Ad)pixel
Group of Seven nations and Australia join EU in setting $60-per-barrel price cap on Russian oil
Okta Inc Celebrates Earnings Beat But Can They Sustain the Boost?
S&P 500   4,071.70
DOW   34,429.88
QQQ   292.55
Improve Mental Health Next Year by Breaking 17 Financial Rules
This Skill Could Change The Way You Trade! (Ad)pixel
Pentagon debuts its new stealth bomber, the B-21 Raider
Prosecutor: Evidence shows Trump 'explicitly' OK'd tax fraud
Next-Generation Fighter Jets?!? (Must See) (Ad)pixel
China fines former NBA star Lin over quarantine comments
Can ZIM Defy Broad Downturn In The Container Shipping Industry?
Next-Generation Fighter Jets?!? (Must See) (Ad)pixel
Group of Seven nations and Australia join EU in setting $60-per-barrel price cap on Russian oil
Okta Inc Celebrates Earnings Beat But Can They Sustain the Boost?
S&P 500   4,071.70
DOW   34,429.88
QQQ   292.55
Improve Mental Health Next Year by Breaking 17 Financial Rules
This Skill Could Change The Way You Trade! (Ad)pixel
Pentagon debuts its new stealth bomber, the B-21 Raider
Prosecutor: Evidence shows Trump 'explicitly' OK'd tax fraud
Next-Generation Fighter Jets?!? (Must See) (Ad)pixel
China fines former NBA star Lin over quarantine comments
Can ZIM Defy Broad Downturn In The Container Shipping Industry?
Next-Generation Fighter Jets?!? (Must See) (Ad)pixel
Group of Seven nations and Australia join EU in setting $60-per-barrel price cap on Russian oil
Okta Inc Celebrates Earnings Beat But Can They Sustain the Boost?
NASDAQ:PDD

Pinduoduo - PDD Stock Forecast, Price & News

$86.34
+2.60 (+3.10%)
(As of 12/2/2022 12:00 AM ET)
Add
Compare
Today's Range
$82.41
$88.13
50-Day Range
$44.46
$83.74
52-Week Range
$23.21
$88.13
Volume
15.62 million shs
Average Volume
13.97 million shs
Market Capitalization
$106.95 billion
P/E Ratio
28.97
Dividend Yield
N/A
Price Target
$84.27

Pinduoduo MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.83 Rating Score
Upside/​Downside
2.4% Downside
$84.27 Price Target
Short Interest
Healthy
2.07% of Float Sold Short
Dividend Strength
N/A
Sustainability
-1.41
Upright™ Environmental Score
News Sentiment
0.58mentions of Pinduoduo in the last 14 days
Based on 23 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
10.71%
From $2.52 to $2.79 Per Share

Overall MarketRank

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

2.06 out of 5 stars

Retail/Wholesale Sector

135th out of 217 stocks

Business Services, Not Elsewhere Classified Industry

66th out of 96 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.

Receive PDD Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Pinduoduo and its competitors with MarketBeat's FREE daily newsletter.

PDD Stock News Headlines

China’s Zero-COVID Restrictions Can’t Stop JD.com (PDD)
China’s largest online retailer JD.com (NASDAQ: JD) is also its largest internet company by revenue. It is often referred to as the Amazon (NASDAQ: AMZN)
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.
Benchmark Boosts Pinduoduo (NASDAQ:PDD) Price Target to $112.00
Pinduoduo (NASDAQ:PDD) PT Raised to $77.00
HSBC Boosts Pinduoduo (NASDAQ:PDD) Price Target to $100.00
Pinduoduo (NASDAQ:PDD) PT Raised to $84.00
Macquarie Increases Pinduoduo (NASDAQ:PDD) Price Target to $122.00
Pinduoduo (NASDAQ:PDD) PT Raised to $111.00
Pinduoduo Third Quarter 2022 Earnings: Beats Expectations
Pinduoduo (NASDAQ:PDD) Reaches New 52-Week High at $76.88
What's Going On With Pinduoduo Stock Today?
See More Headlines
Receive PDD Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Pinduoduo and its competitors with MarketBeat's FREE daily newsletter.

PDD Company Calendar

Last Earnings
8/23/2021
Today
12/03/2022
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
$84.27
High Stock Price Forecast
$122.00
Low Stock Price Forecast
$48.00
Forecasted Upside/Downside
-2.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.83
Research Coverage
12 Analysts

Profitability

Net Income
$1.22 billion
Pretax Margin
28.10%

Debt

Sales & Book Value

Annual Sales
$14.74 billion
Cash Flow
$2.09 per share
Book Value
$12.16 per share

Miscellaneous

Outstanding Shares
1,238,703,000
Free Float
1,192,871,000
Market Cap
$106.95 billion
Optionable
Optionable
Beta
0.70

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 43)
    Sr. VP & 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?

12 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Pinduoduo in the last twelve months. There are currently 2 hold ratings 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 Pinduoduo's stock price forecast for 2023?

12 analysts have issued twelve-month target prices for Pinduoduo's shares. Their PDD share price forecasts range from $48.00 to $122.00. On average, they anticipate the company's stock price to reach $84.27 in the next year. This suggests that the stock has a possible downside of 2.4%.
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 start of the year. Since then, PDD shares have increased by 48.1% and is now trading at $86.34.
View the best growth stocks for 2022 here
.

How were Pinduoduo's earnings last quarter?

Pinduoduo Inc. (NASDAQ:PDD) released its quarterly earnings data on Monday, August, 23rd. The company reported $2.85 earnings per share for the quarter, topping analysts' consensus estimates of ($0.22) by $3.07. The business had revenue of $23.05 billion for the quarter, compared to analyst estimates of $26.53 billion. Pinduoduo had a net margin of 24.08% and a trailing twelve-month return on equity of 34.80%. The firm's revenue for the quarter was up 89.0% on a year-over-year basis.

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 initial public offering (IPO) on Thursday, July 26th 2018. The company issued 85,600,000 shares at $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 Baillie Gifford & Co. (2.28%), BlackRock Inc. (1.88%), Vanguard Group Inc. (1.18%), Hsbc Holdings PLC (0.57%), Krane Funds Advisors LLC (0.41%) and Canada Pension Plan Investment Board (0.41%).

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 $86.34.

How much money does Pinduoduo make?

Pinduoduo (NASDAQ:PDD) has a market capitalization of $106.95 billion and generates $14.74 billion in revenue each year. The company earns $1.22 billion in net income (profit) each year or $2.98 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 12/3/2022 by MarketBeat.com Staff