PDD (PDD) Stock Price, News & Analysis

$125.79
-1.76 (-1.38%)
(As of 04/25/2024 ET)
Today's Range
$124.06
$126.18
50-Day Range
$110.34
$135.26
52-Week Range
$59.67
$152.99
Volume
7.75 million shs
Average Volume
8.40 million shs
Market Capitalization
$165.99 billion
P/E Ratio
21.95
Dividend Yield
N/A
Price Target
$146.85

PDD MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.89 Rating Score
Upside/​Downside
16.7% Upside
$146.85 Price Target
Short Interest
Healthy
2.16% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-1.41
Upright™ Environmental Score
News Sentiment
0.55mentions of PDD in the last 14 days
Based on 16 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
26.11%
From $7.85 to $9.90 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.67 out of 5 stars

Retail/Wholesale Sector

30th out of 192 stocks

Business Services, Not Elsewhere Classified Industry

12th out of 82 stocks

PDD stock logo

About PDD Stock (NASDAQ:PDD)

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 Stock Price History

PDD Stock News Headlines

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“Retirement Secret” Showed 995% Gain Last Time We Shared It
Central Banks Buying Gold in Record Numbers Most folks have completely missed the fact that the world's Central Banks have been quietly gobbling up as much gold as they can… Stacking it in their locked vaults on pallets in record numbers.
PDD Holdings Inc. (PDD)
PDD Sees Unusually Large Options Volume (NASDAQ:PDD)
Smart Money Is Betting Big In PDD Options
See More Headlines
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Company Calendar

Last Earnings
3/20/2024
Today
4/26/2024
Next Earnings (Estimated)
5/24/2024
Fiscal Year End
12/31/2024

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 Target
$146.85
High Stock Price Target
$220.00
Low Stock Price Target
$110.00
Potential Upside/Downside
+16.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.89
Research Coverage
9 Analysts

Profitability

Net Income
$8.45 billion
Pretax Margin
29.03%

Debt

Sales & Book Value

Annual Sales
$34.88 billion
Cash Flow
$9.87 per share
Book Value
$19.99 per share

Miscellaneous

Outstanding Shares
1,319,590,000
Free Float
1,270,762,000
Market Cap
$165.99 billion
Optionable
Optionable
Beta
0.67

Social Links

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Key Executives

  • Mr. Lei Chen (Age 44)
    General Counsel, Co-CEO & Chairman
  • Mr. Jiazhen Zhao (Age 40)
    Co-CEO & Executive Director
  • Ms. Jun Liu (Age 40)
    Vice President of Finance
  • Mr. Junyun Xiao (Age 44)
    Senior Vice President of Operation
  • Xin Yi Lim
    Investor Relations Officers
  • Mr. Nick Shu C.F.A.
    Director of Corporate Development & IR
  • Mr. Zhenwei Zheng (Age 40)
    Senior Vice President of Product Development
  • David Liu
    Vice President of Strategy
  • Peng Cheng
    IR Director

PDD Stock Analysis - Frequently Asked Questions

Should I buy or sell PDD stock right now?

9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for PDD in the last twelve months. There are currently 1 hold rating and 8 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" PDD shares.
View PDD analyst ratings
or view top-rated stocks.

What is PDD's stock price target for 2024?

9 analysts have issued twelve-month price targets for PDD's stock. Their PDD share price targets range from $110.00 to $220.00. On average, they anticipate the company's share price to reach $146.85 in the next twelve months. This suggests a possible upside of 16.7% 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 2024?

PDD's stock was trading at $146.31 on January 1st, 2024. Since then, PDD shares have decreased by 14.0% and is now trading at $125.79.
View the best growth stocks for 2024 here
.

When is PDD's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, May 24th 2024.
View our PDD earnings forecast
.

How were PDD's earnings last quarter?

PDD Holdings Inc. (NASDAQ:PDD) announced its quarterly earnings results on Wednesday, March, 20th. The company reported $2.23 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.42 by $0.81. The firm had revenue of $12.52 billion for the quarter, compared to analysts' expectations of $11.80 billion. PDD had a net margin of 24.23% and a trailing twelve-month return on equity of 39.10%.

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 (PDD) raised $1.5 billion in an initial public offering 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.

Who are PDD's major shareholders?

PDD's stock is owned by many different institutional and retail investors. Top institutional investors include Assenagon Asset Management S.A. (0.39%), IDG China Venture Capital Fund IV Associates L.P. (0.28%), IMC Chicago LLC (0.00%), Sumitomo Mitsui Trust Holdings Inc. (0.11%), Bank of New York Mellon Corp (0.10%) and Origin Asset Management LLP (0.07%).

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:PDD) was last updated on 4/26/2024 by MarketBeat.com Staff

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