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NASDAQ:PDD - Pinduoduo Stock Price, Forecast & News

$33.83
-0.74 (-2.14 %)
(As of 02/24/2020 09:57 AM ET)
Today's Range
$32.90
Now: $33.83
$33.98
50-Day Range
$34.28
MA: $37.69
$41.23
52-Week Range
$18.46
Now: $33.83
$45.25
Volume2.72 million shs
Average Volume6.14 million shs
Market Capitalization$37.68 billion
P/E RatioN/A
Dividend YieldN/A
Beta1.34
Pinduoduo Inc. operates an e-commerce platform in the People's Republic of China. It also operates Pinduoduo, a mobile platform that offers a range of priced merchandise. The company was formerly known as Walnut Street Group Holding Limited and changed its name to Pinduoduo Inc. in July 2018. Pinduoduo Inc. was founded in 2015 and is based in Shanghai, the People's Republic of China.

Industry, Sector and Symbol

Industry Business services, not elsewhere classified
Sub-IndustryN/A
SectorRetail/Wholesale
Current SymbolNASDAQ:PDD
CUSIPN/A
CIKN/A
Phone86-21-5266-1300

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.91 billion
Book Value$2.46 per share

Profitability

Net Income$-1,486,020,000.00

Miscellaneous

Employees3,683
Outstanding Shares1,113,920,000
Market Cap$37.68 billion
Next Earnings Date3/11/2020 (Estimated)
OptionableOptionable

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Pinduoduo (NASDAQ:PDD) Frequently Asked Questions

What is Pinduoduo's stock symbol?

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

How were Pinduoduo's earnings last quarter?

Pinduoduo Inc (NASDAQ:PDD) announced its quarterly earnings data on Wednesday, November, 20th. The company reported ($1.44) earnings per share for the quarter, missing the Zacks' consensus estimate of ($0.11) by $1.33. The business had revenue of $7.51 billion for the quarter, compared to analyst estimates of $7.58 billion. Pinduoduo had a negative return on equity of 32.14% and a negative net margin of 30.59%. The company's revenue was up 122.8% on a year-over-year basis. During the same period in the prior year, the company earned ($0.68) EPS. View Pinduoduo's Earnings History.

When is Pinduoduo's next earnings date?

Pinduoduo is scheduled to release their next quarterly earnings announcement on Wednesday, March 11th 2020. View Earnings Estimates for Pinduoduo.

What price target have analysts set for PDD?

13 analysts have issued 1-year target prices for Pinduoduo's shares. Their forecasts range from $20.48 to $62.00. On average, they anticipate Pinduoduo's share price to reach $37.08 in the next twelve months. This suggests a possible upside of 9.6% from the stock's current price. View Analyst Price Targets for Pinduoduo.

What is the consensus analysts' recommendation for Pinduoduo?

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Pinduoduo in the last year. There are currently 2 sell ratings, 2 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Pinduoduo.

Has Pinduoduo been receiving favorable news coverage?

Press coverage about PDD stock has been trending negative recently, InfoTrie reports. The research group rates the sentiment of news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Pinduoduo earned a news sentiment score of -2.1 on InfoTrie's scale. They also gave press coverage about the company a news buzz of 2.0 out of 10, meaning that recent news coverage is very unlikely to have an effect on the company's share price in the near term. View News Stories for Pinduoduo.

Who are some of Pinduoduo's key 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), Verizon Communications (VZ), Netflix (NFLX), Micron Technology (MU), JD.Com (JD), Tesla (TSLA), Paypal (PYPL), Advanced Micro Devices (AMD) and AT&T (T).

Who are Pinduoduo's key executives?

Pinduoduo's management team includes the folowing people:
  • Mr. Huang Zheng, Chairman & CEO (Age 39)
  • Mr. Tian Xu, VP of Fin. (Age 40)
  • Mr. Junyun Xiao, Sr. VP of Operation (Age 39)
  • Mr. Lei Chen, Chief Technology Officer (Age 39)
  • Mr. Christian Arnell, Investor Relations Officer

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.

Who are Pinduoduo's major shareholders?

Pinduoduo's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include IDG China Venture Capital Fund IV Associates L.P. (3.48%), Baillie Gifford & Co. (1.52%), Renaissance Technologies LLC (0.63%), State Street Corp (0.36%), Sumitomo Mitsui Trust Holdings Inc. (0.24%) and Sylebra Capital Ltd (0.21%).

Which institutional investors are selling Pinduoduo stock?

PDD stock was sold by a variety of institutional investors in the last quarter, including Sylebra Capital Ltd, Sumitomo Mitsui Trust Holdings Inc., Nikko Asset Management Americas Inc., Krane Funds Advisors LLC, Goldman Sachs Group Inc., Greenwoods Asset Management Ltd, Penserra Capital Management LLC and Swiss National Bank.

Which institutional investors are buying Pinduoduo stock?

PDD stock was acquired by a variety of institutional investors in the last quarter, including IDG China Venture Capital Fund IV Associates L.P., Tairen Capital Ltd, Renaissance Technologies LLC, Bank of America Corp DE, Baillie Gifford & Co., H&H International Investment LLC, WT Asset Management Ltd and Janus Henderson Group PLC.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is Pinduoduo's stock price today?

One share of PDD stock can currently be purchased for approximately $33.83.

How big of a company is Pinduoduo?

Pinduoduo has a market capitalization of $37.68 billion and generates $1.91 billion in revenue each year. The company earns $-1,486,020,000.00 in net income (profit) each year or ($2.00) on an earnings per share basis. Pinduoduo employs 3,683 workers across the globe.View Additional Information About Pinduoduo.

What is Pinduoduo's official website?

The official website for Pinduoduo is http://www.pinduoduo.com/.

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 86-21-5266-1300 or via email at [email protected]


MarketBeat Community Rating for Pinduoduo (NASDAQ PDD)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  332 (Vote Outperform)
Underperform Votes:  431 (Vote Underperform)
Total Votes:  763
MarketBeat's community ratings are surveys of what our community members think about Pinduoduo and other stocks. Vote "Outperform" if you believe PDD will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PDD will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 2/24/2020 by MarketBeat.com Staff

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