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GE   104.66 (+3.08%)
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PYPL   63.05 (+1.71%)
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AMD   119.47 (+1.07%)
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PYPL   63.05 (+1.71%)
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NIO   7.54 (+0.13%)
BABA   82.99 (+4.32%)
AMD   119.47 (+1.07%)
T   15.82 (+0.51%)
F   12.11 (+0.92%)
MU   69.09 (+1.30%)
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NASDAQ:PDD

PDD (PDD) Stock Forecast, Price & News

$69.09
+3.77 (+5.77%)
(As of 06/1/2023 ET)
Compare
Today's Range
$63.86
$70.74
50-Day Range
$60.02
$77.45
52-Week Range
$38.80
$106.38
Volume
15.15 million shs
Average Volume
9.28 million shs
Market Capitalization
N/A
P/E Ratio
18.57
Dividend Yield
N/A
Price Target
$105.36

PDD MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.91 Rating Score
Upside/​Downside
52.9% Upside
$105.64 Price Target
Short Interest
Healthy
Dividend Strength
N/A
Sustainability
-1.41
Upright™ Environmental Score
News Sentiment
0.31mentions of PDD in the last 14 days
Based on 42 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


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

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.
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.
The $193 Billion US-China War You Don't Know About
They're fighting for control of lithium – a key ingredient in EVs and clean energy technology. It's arguably the most important commodity of the 21st century. China owns 80% of global supply. But the US plans to grab a massive slice of the lithium market, which is forecasted to quadruple to $193 billion by 2028, according to Fortune Business Insights.
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.
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.
DBS Keeps Their Buy Rating on Pinduoduo (PDD)
The $193 Billion US-China War You Don't Know About
They're fighting for control of lithium – a key ingredient in EVs and clean energy technology. It's arguably the most important commodity of the 21st century. China owns 80% of global supply. But the US plans to grab a massive slice of the lithium market, which is forecasted to quadruple to $193 billion by 2028, according to Fortune Business Insights.
Barclays Sticks to Its Buy Rating for Pinduoduo (PDD)
PDD (NASDAQ:PDD) PT Raised to $103.00 at Barclays
Is It Too Late to Buy Pinduoduo (PDD) Stock?
Benchmark Boosts PDD (NASDAQ:PDD) Price Target to $125.00
Bernstein Remains a Buy on Pinduoduo (PDD)
PDD Sees Unusually High Options Volume (NASDAQ:PDD)
See More Headlines

PDD Price History

PDD Company Calendar

Last Earnings
3/20/2023
Today
6/01/2023
Next Earnings (Estimated)
9/04/2023
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
$105.64
High Stock Price Forecast
$125.00
Low Stock Price Forecast
$79.00
Forecasted Upside/Downside
+52.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.91
Research Coverage
11 Analysts

Profitability

Net Income
$4.57 billion
Pretax Margin
27.90%

Debt

Sales & Book Value

Annual Sales
$18.93 billion
Cash Flow
$4.13 per share
Book Value
$13.78 per share

Miscellaneous

Free Float
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













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 twelve months. 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 equities research analysts have issued 12 month target prices for PDD's stock. Their PDD share price forecasts range from $79.00 to $125.00. On average, they anticipate the company's stock price to reach $105.64 in the next year. This suggests a possible upside of 50.0% 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 2023. Since then, PDD shares have decreased by 13.6% and is now trading at $70.44.
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) announced its quarterly earnings results on Monday, March, 20th. The company reported $8.34 EPS for the quarter, beating analysts' consensus estimates of $1.00 by $7.34. The firm earned $39.82 billion during the quarter, compared to analyst estimates of $40.74 billion. PDD had a net margin of 25.63% and a trailing twelve-month return on equity of 35.88%. PDD's revenue for the quarter was up 46.2% compared to the same quarter last year. During the same period in the prior year, the company earned $0.92 earnings per share.

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 $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 many different retail and institutional investors. Top institutional investors 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 $70.44.

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 6/1/2023 by MarketBeat.com Staff

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