Pinduoduo Stock Forecast, Price & News

Pinduoduo (NASDAQ:PDD) Frequently Asked Questions

Is Pinduoduo a buy right now?

15 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 13 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Pinduoduo stock.
View analyst ratings for Pinduoduo or view top-rated stocks.

What stocks does MarketBeat like better than Pinduoduo?

Wall Street analysts have given Pinduoduo a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Pinduoduo wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Pinduoduo's next earnings date?

Pinduoduo is scheduled to release its next quarterly earnings announcement on Thursday, November 11th 2021.
View our earnings forecast for Pinduoduo.

How were Pinduoduo's earnings last quarter?

Pinduoduo Inc. (NASDAQ:PDD) issued its quarterly earnings results on Monday, August, 23rd. The company reported $2.85 EPS for the quarter, beating the Zacks' consensus estimate of ($0.22) by $3.07. The business earned $23.05 billion during the quarter, compared to analysts' expectations of $26.53 billion. Pinduoduo had a negative net margin of 3.02% and a negative trailing twelve-month return on equity of 3.82%. The company's quarterly revenue was up 89.0% compared to the same quarter last year.
View Pinduoduo's earnings history.

How has Pinduoduo's stock been impacted by Coronavirus?

Pinduoduo's stock was trading at $35.06 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, PDD shares have increased by 165.8% and is now trading at $93.19.
View which stocks have been most impacted by COVID-19.

What price target have analysts set for PDD?

15 equities research analysts have issued 12 month price objectives for Pinduoduo's stock. Their forecasts range from $123.00 to $210.00. On average, they expect Pinduoduo's share price to reach $161.62 in the next twelve months. This suggests a possible upside of 73.4% 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 Visa (V), Mastercard (MA), PayPal (PYPL), Accenture (ACN), Uber Technologies (UBER), MercadoLibre (MELI), Fidelity National Information Services (FIS), Relx (RELX), MSCI (MSCI), eBay (EBAY), Global Payments (GPN), DiDi Global (DIDI), Affirm (AFRM), CoStar Group (CSGP) and Etsy (ETSY).
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), The Walt Disney (DIS) and salesforce.com (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 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%), Assenagon Asset Management S.A. (0.31%), Fisher Asset Management LLC (0.28%), Sumitomo Mitsui Trust Holdings Inc. (0.27%), Genesis Investment Management LLP (0.09%) and Linden Rose Investment LLC (0.03%).

Which major investors are selling Pinduoduo stock?

PDD stock was sold by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Fisher Asset Management LLC, Ritholtz Wealth Management, Linden Rose Investment LLC, Virginia Retirement Systems ET AL, Henry James International Management Inc., Clear Street Markets LLC, and Elite Wealth Management Inc..

Which major investors are buying Pinduoduo stock?

PDD stock was purchased by a variety of institutional investors in the last quarter, including Genesis Investment Management LLP, Hamilton Lane Advisors LLC, Brown University, Sumitomo Mitsui Trust Holdings Inc., Regents of The University of California, Osborne Partners Capital Management LLC, Baillie Gifford & Co., and Border to Coast Pensions Partnership Ltd.

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.
Compare Top Brokerages Here.

What is Pinduoduo's stock price today?

One share of PDD stock can currently be purchased for approximately $93.19.

How much money does Pinduoduo make?

Pinduoduo has a market capitalization of $115.43 billion and generates $9.12 billion in revenue each year. The company earns $-1.10 billion in net income (profit) each year or ($0.92) on an earnings per share basis.

How many employees does Pinduoduo have?

Pinduoduo employs 2,020 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].