NASDAQ:PDD Pinduoduo Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Pinduoduo Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $64.82 +3.02 (+4.89%) (As of 07/1/2022 03:59 PM ET) Add Compare Share Today's Range$61.14▼$64.9950-Day Range$33.84▼$65.9652-Week Range$23.21▼$123.31Volume339,159 shsAverage Volume15.25 million shsMarket Capitalization$80.29 billionP/E Ratio44.10Dividend YieldN/APrice Target$68.67 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Pinduoduo MarketRank™ ForecastAnalyst RatingModerate Buy2.64 Rating ScoreUpside/Downside5.9% Upside$68.67 Price TargetShort InterestHealthy1.63% of Float Sold ShortDividend StrengthN/ASustainability-1.41Upright™ Environmental ScoreNews Sentiment0.78Based on 2 Articles This WeekInsider TradingN/AProj. Earnings Growth50.36%From $1.37 to $2.06 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as 30% analysis score, 20% valuation score, 10% short interest score, 10% dividend score, 10% sustainability score, 10% news and social score, and 10% insider trading score.1.53 out of 5 starsRetail/Wholesale Sector183rd out of 284 stocksBusiness Services, Not Elsewhere Classified Industry88th out of 146 stocks 1.3 Analyst's Opinion Consensus RatingPinduoduo has received a consensus rating of Buy. The company's average rating score is 2.64, and is based on 7 buy ratings, 4 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $68.67, Pinduoduo has a forecasted upside of 5.9% from its current price of $64.82.Amount of Analyst CoveragePinduoduo has only been the subject of 4 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.63% of the float of Pinduoduo has been sold short.Short Interest Ratio / Days to CoverPinduoduo has a short interest ratio ("days to cover") of 1.3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Pinduoduo has recently increased by 13.70%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldPinduoduo does not currently pay a dividend.Dividend GrowthPinduoduo does not have a long track record of dividend growth. Previous Next 1.0 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScorePinduoduo has received a 6.19% net impact score from Upright. Pinduoduo seems to create the most significant positive value in categories "Taxes", "Meaning & joy", and "Jobs". The positive contribution in the "Meaning & joy" impact category is mostly driven by its "E-commerce video software", "E-commerce search software", and "E-commerce platform software" products. See details.Environmental SustainabilityThe Environmental Impact score for Pinduoduo is -1.41. Previous Next 2.7 News and Social Media Coverage News SentimentPinduoduo has a news sentiment score of 0.78. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.46 average news sentiment score of Retail/Wholesale companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Pinduoduo this week, compared to 7 articles on an average week.Search InterestOnly 25 people have searched for PDD on MarketBeat in the last 30 days. This is a decrease of -4% compared to the previous 30 days.MarketBeat Follows9 people have added Pinduoduo to their MarketBeat watchlist in the last 30 days. This is an increase of 50% compared to the previous 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Pinduoduo insiders have not sold or bought any company stock.Percentage Held by InstitutionsOnly 21.84% of the stock of Pinduoduo is held by institutions. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Pinduoduo are expected to grow by 50.36% in the coming year, from $1.37 to $2.06 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Pinduoduo is 44.10, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 76.62.Price to Earnings Ratio vs. SectorThe P/E ratio of Pinduoduo is 44.10, which means that it is trading at a more expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 29.16.Price to Book Value per Share RatioPinduoduo has a P/B Ratio of 6.81. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive PDD Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Pinduoduo and its competitors with MarketBeat's FREE daily newsletter. Email Address About Pinduoduo (NASDAQ:PDD) StockPinduoduo Inc., through its subsidiaries, operates an e-commerce platform in the People's Republic of China. It operates Pinduoduo, a mobile platform that offers a range of products, including apparel, shoes, bags, mother and childcare products, food and beverages, fresh produce, electronic appliances, furniture and household goods, cosmetics and other personal care items, sports and fitness items, and auto accessories. The company was formerly known as Walnut Street Group Holding Limited and changed its name to Pinduoduo Inc. in July 2018. Pinduoduo Inc. was incorporated in 2015 and is headquartered in Shanghai, the People's Republic of China.Read More PDD Stock News HeadlinesJune 29, 2022 | streetinsider.comStrategy Analytics: Apple Captures Half of All Smartphones Sold During 6.18 Online Shopping Festival in China - StreetInsider.comJune 27, 2022 | finance.yahoo.comAt US$65.96, Is Pinduoduo Inc. (NASDAQ:PDD) Worth Looking At Closely? - Yahoo FinanceJuly 4, 2022 | Tradewins (Ad)Being A Successful Trader Just Got Easier…From 10x Trading Champion Chuck Hughes comes the e-book helping thousands to survive the bear market, “Options trading Made Easy”! Already full of tools and strategies for success, each copy now comes with a daily Trade of the Day, straight from Chuck to you! Download your copy now! June 27, 2022 | finance.yahoo.comAt US$65.96, Is Pinduoduo Inc. (NASDAQ:PDD) Worth Looking At Closely?June 25, 2022 | investors.comPinduoduo Joins Rank Of Stocks With RS Ratings Over 90 - Investor's Business DailyJune 25, 2022 | fool.comFiscal 2022: A Year to Move on From Alibaba - The Motley FoolJune 23, 2022 | nasdaq.comCan Pinduoduo Inc. Sponsored ADR (PDD) Climb 27% to Reach the Level Wall Street Analysts Expect? - NasdaqJune 23, 2022 | finance.yahoo.comCan Pinduoduo Inc. Sponsored ADR (PDD) Climb 27% to Reach the Level Wall Street Analysts Expect?July 4, 2022 | Tradewins (Ad)Being A Successful Trader Just Got Easier…From 10x Trading Champion Chuck Hughes comes the e-book helping thousands to survive the bear market, “Options trading Made Easy”! Already full of tools and strategies for success, each copy now comes with a daily Trade of the Day, straight from Chuck to you! Download your copy now! June 23, 2022 | americanbankingnews.comPinduoduo (NASDAQ:PDD) Shares Up 12.3%June 23, 2022 | americanbankingnews.comBrokerages Set Pinduoduo Inc. (NASDAQ:PDD) Target Price at $76.80June 22, 2022 | cnbc.comHere's what China's e-commerce giants are telling us about the economy - CNBCJune 22, 2022 | finance.yahoo.comPinduoduo Inc. Sponsored ADR (PDD) Crossed Above the 200-Day Moving Average: What That Means for InvestorsJune 22, 2022 | finance.yahoo.comHas CHOW TAI FOOK (CJEWY) Outpaced Other Retail-Wholesale Stocks This Year?June 21, 2022 | seekingalpha.comAlibaba, Pinduoduo lead Chinese stock gains following '618' shopping event - Seeking AlphaJune 21, 2022 | reuters.comBreakingviews - ByteDance schools old order in new online moves - ReutersJune 19, 2022 | reuters.comChina's JD.com posts slowest growth ever in '618' shopping event - Reuters.comJune 17, 2022 | benzinga.comPinduoduo Whale Trades For June 17 - Benzinga - BenzingaJune 17, 2022 | investors.comPinduoduo Stock Continues To Show Rising Relative Strength - Investor's Business DailyJune 17, 2022 | americanbankingnews.comPinduoduo (NASDAQ:PDD) Shares Down 2.6% June 16, 2022 | americanbankingnews.comPinduoduo (NASDAQ:PDD) Shares Gap Up to $54.41June 14, 2022 | benzinga.comPinduoduo Stock Is Surging Today: What's Going On? - Benzinga - BenzingaJune 13, 2022 | investorplace.comChinese Tech Stocks Seek Their Bottom - InvestorPlaceJune 13, 2022 | finance.yahoo.comPinduoduo (NASDAQ:PDD) hikes 18% this week, taking three-year gains to 192%June 9, 2022 | americanbankingnews.comPinduoduo (NASDAQ:PDD) Trading 7.6% Higher June 9, 2022 | americanbankingnews.comPinduoduo (NASDAQ:PDD) Trading Up 7.6%June 7, 2022 | benzinga.comPinduoduo shares are trading higher following Monday reports of Chinese authorities lifting a regulatory - BenzingaSee More Headlines Industry, Sector and Symbol Stock ExchangeNASDAQ Industry Business services, not elsewhere classified Sub-IndustryN/A SectorRetail/Wholesale Current SymbolNASDAQ:PDD CUSIPN/A CIK1737806 Webwww.pinduoduo.com Phone862152661300FaxN/AEmployees9,762Year Founded2015Company Calendar Last Earnings5/27/2022Today7/04/2022Next Earnings (Estimated)8/23/2022Fiscal Year End12/31/2022Price Target and Rating Average Stock Price Forecast$68.67 High Stock Price Forecast$148.00 Low Stock Price Forecast$45.00 Forecasted Upside/Downside+5.9%Consensus RatingModerate Buy Rating Score (0-4)2.63636363636364 Research Coverage11 Analysts Profitability EPS (Most Recent Fiscal Year)$1.47 Trailing P/E Ratio44.10 Forward P/E Ratio47.31 P/E GrowthN/ANet Income$1.22 billion Net Margins13.91% Pretax Margin16.43% Return on Equity22.63% Return on Assets9.57% Debt Debt-to-Equity Ratio0.18 Current Ratio1.89 Quick Ratio1.89 Sales & Book Value Annual Sales$14.74 billion Price / Sales5.45 Cash Flow$1.99 per share Price / Cash Flow32.65 Book Value$9.52 per share Price / Book6.81Miscellaneous Outstanding Shares1,238,703,000Free FloatN/AMarket Cap$80.29 billion OptionableOptionable Beta0.97 Social Links Pinduoduo Frequently Asked Questions Should I buy or sell Pinduoduo stock right now? 11 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Pinduoduo in the last year. There are currently 4 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Pinduoduo stock. View analyst ratings for Pinduoduo or view top-rated stocks. What is Pinduoduo's stock price forecast for 2022? 11 equities research analysts have issued twelve-month price objectives for Pinduoduo's stock. Their PDD stock forecasts range from $45.00 to $148.00. On average, they predict Pinduoduo's stock price to reach $68.67 in the next year. This suggests a possible upside of 5.9% from the stock's current price. View analysts' price targets for Pinduoduo or view top-rated stocks among Wall Street analysts. How has Pinduoduo's stock price performed in 2022? Pinduoduo's stock was trading at $58.30 at the start of the year. Since then, PDD stock has increased by 11.2% and is now trading at $64.82. View the best growth stocks for 2022 here. When is Pinduoduo's next earnings date? Pinduoduo is scheduled to release its next quarterly earnings announcement on Tuesday, August 23rd 2022. View our earnings forecast for Pinduoduo. How were Pinduoduo's earnings last quarter? Pinduoduo Inc. (NASDAQ:PDD) announced its quarterly earnings results on Friday, May, 27th. The company reported $0.30 EPS for the quarter, topping analysts' consensus estimates of $0.27 by $0.03. The firm had revenue of $3.75 billion for the quarter, compared to the consensus estimate of $3.32 billion. Pinduoduo had a trailing twelve-month return on equity of 22.63% and a net margin of 13.91%. During the same quarter last year, the company posted ($0.36) earnings per share. View Pinduoduo's earnings history. Who are Pinduoduo's key executives? Pinduoduo's management team includes the following people: Mr. Lei Chen, Chairman & CEO (Age 42)Ms. Jun Liu, VP of Fin. (Age 39)Mr. Junyun Xiao, Sr. VP of Operation (Age 42)Xin Yi Lim, Investor Relations OfficersMr. Jianchong Zhu, Gen. Counsel (Age 42)Mr. Nick Shu C.F.A., Director of Corp. Devel. & IRMr. Zhenwei Zheng, Sr. VP of Product Devel. (Age 38)David Liu, VP of Strategy Who are some of Pinduoduo's key competitors? Some companies that are related to Pinduoduo include Alibaba Group (BABA), Mastercard (MA), Accenture (ACN), PayPal (PYPL), Fiserv (FISV), Fidelity National Information Services (FIS), Relx (RELX), Uber Technologies (UBER), MSCI (MSCI), MercadoLibre (MELI), Global Payments (GPN), CoStar Group (CSGP), eBay (EBAY), DoorDash (DASH) and Broadridge Financial Solutions (BR). 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 (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 served 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." 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 $64.82. How much money does Pinduoduo make? Pinduoduo (NASDAQ:PDD) has a market capitalization of $80.29 billion and generates $14.74 billion in revenue each year. The company earns $1.22 billion in net income (profit) each year or $1.47 on an earnings per share basis. How many employees does Pinduoduo have? Pinduoduo employs 9,762 workers across the globe. When was Pinduoduo founded? Pinduoduo was founded in 2015. How can I contact Pinduoduo? Pinduoduo's mailing address is 28/F NO. 533 LOUSHANGUAN ROAD CHANGNING DISTRICT, SHANGHAI F4, 200051. The official website for Pinduoduo is www.pinduoduo.com. The company can be reached via phone at 862152661300 or via email at investor@pinduoduo.com. This page (NASDAQ:PDD) was last updated on 7/4/2022 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. 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