Pinduoduo Stock Forecast, Price & News

Pinduoduo (NASDAQ:PDD) Frequently Asked Questions

Is Pinduoduo a buy right now?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Pinduoduo in the last twelve months. There are currently 2 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Pinduoduo stock.
View analyst ratings for Pinduoduo or view top-rated stocks.

How has Pinduoduo's stock price been impacted by COVID-19?

Pinduoduo's stock was trading at $35.06 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, PDD shares have increased by 79.8% and is now trading at $63.03.
View which stocks have been most impacted by COVID-19.

When is Pinduoduo's next earnings date?

Pinduoduo is scheduled to release its next quarterly earnings announcement on Wednesday, March 16th 2022.
View our earnings forecast for Pinduoduo.

How were Pinduoduo's earnings last quarter?

Pinduoduo Inc. (NASDAQ:PDD) announced its quarterly earnings results on Monday, August, 23rd. The company reported $2.85 earnings per share for the quarter, beating the consensus estimate of ($0.22) by $3.07. The company earned $23.05 billion during the quarter, compared to analysts' expectations of $26.53 billion. Pinduoduo had a negative net margin of 0.18% and a positive trailing twelve-month return on equity of 1.20%. The business's revenue was up 89.0% on a year-over-year basis.
View Pinduoduo's earnings history.

What price target have analysts set for PDD?

10 brokers have issued 12-month price objectives for Pinduoduo's stock. Their forecasts range from $80.00 to $210.00. On average, they anticipate Pinduoduo's stock price to reach $153.78 in the next twelve months. This suggests a possible upside of 144.0% from the stock's current price.
View analysts' price targets for Pinduoduo or view top-rated stocks among Wall Street analysts.

Who are Pinduoduo's key executives?

Pinduoduo's management team includes the following people:

• Lei Chen, Chairman & Chief Executive Officer
• Jun Yun Xiao, Senior Vice President-Operation
• Jing Ma, Vice President-Finance
• Zhen Wei Zheng, Senior Vice President-Product Development
• Jian Chong Zhu, Senior VP-Global Affairs & General Counsel

Who are some of Pinduoduo's key competitors?

Some companies that are related to Pinduoduo include Accenture (ACN), PayPal (PYPL), Uber Technologies (UBER), Fidelity National Information Services (FIS), Relx (RELX), MercadoLibre (MELI), MSCI (MSCI), eBay (EBAY), Global Payments (GPN), DiDi Global (DIDI), Affirm (AFRM), CoStar Group (CSGP), Etsy (ETSY), Broadridge Financial Solutions (BR) and Akamai Technologies (AKAM).
View all of PDD's competitors.

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), Square (SQ), Tesla (TSLA), Walt Disney (DIS) and salesforce.com (CRM).

When did Pinduoduo IPO?

(PDD) raised $1.5 billion in an initial public offering 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 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 a variety of institutional and retail investors. Top institutional shareholders include Baillie Gifford & Co. (2.22%), BlackRock Inc. (1.60%), Invesco Ltd. (1.28%), Krane Funds Advisors LLC (0.48%), Assenagon Asset Management S.A. (0.31%) and Tybourne Capital Management HK Ltd. (0.28%).

Which major investors are selling Pinduoduo stock?

PDD stock was sold by a variety of institutional investors in the last quarter, including Polar Capital Holdings Plc, Invesco Ltd., Lombard Odier Asset Management Switzerland SA, Compagnie Lombard Odier SCmA, Greenwoods Asset Management Hong Kong Ltd., Assenagon Asset Management S.A., Growth Interface Management LLC, and Citadel Advisors LLC.

Which major investors are buying Pinduoduo stock?

PDD stock was acquired by a variety of institutional investors in the last quarter, including Krane Funds Advisors LLC, E Fund Management Co. Ltd., Tybourne Capital Management HK Ltd., Genesis Investment Management LLP, MARSHALL WACE ASIA Ltd, Portman Ltd, TB Alternative Assets Ltd., and Moore Capital Management LP.

How do I buy shares of Pinduoduo?

Shares of PDD 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.
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What is Pinduoduo's stock price today?

One share of PDD stock can currently be purchased for approximately $63.03.

How much money does Pinduoduo make?

Pinduoduo has a market capitalization of $78.08 billion and generates $9.12 billion in revenue each year. The company earns $-1.10 billion in net income (profit) each year or ($0.08) on an earnings per share basis.

How many employees does Pinduoduo have?

Pinduoduo employs 7,986 workers across the globe.

When was Pinduoduo founded?

Pinduoduo was founded in 2015.

What is Pinduoduo's official website?

The official website for Pinduoduo is www.pinduoduo.com.

Where are Pinduoduo's headquarters?

Pinduoduo is headquartered at 28/F NO. 533 LOUSHANGUAN ROAD CHANGNING DISTRICT, SHANGHAI F4, 200051.

How can I contact Pinduoduo?

Pinduoduo's mailing address is 28/F NO. 533 LOUSHANGUAN ROAD CHANGNING DISTRICT, SHANGHAI F4, 200051. The company can be reached via phone at 862152661300 or via email at [email protected].