NASDAQ:PDD Pinduoduo Stock Forecast, Price & News Adding Choose a 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. Log In and Add $79.96 +0.15 (+0.19 %) (As of 09/21/2020 12:00 AM ET) Add Compare Share Today's Range$76.63Now: $79.96▼$80.0950-Day Range$79.81MA: $87.05▼$97.4652-Week Range$30.02Now: $79.96▼$98.96Volume6.67 million shsAverage Volume8.47 million shsMarket Capitalization$89.07 billionP/E RatioN/ADividend YieldN/ABeta1.18 ProfileAnalyst RatingsChartCompetitorsEarningsInstitutional OwnershipHeadlinesOptions ChainShort InterestSocial Media 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.Read More Beat the Market (BTM) Rank™ 2.2 Analyst's Opinion Consensus RatingPinduoduo has received a consensus rating of Hold. The company's average rating score is 2.35, and is based on 6 buy ratings, 11 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $73.18, Pinduoduo has a forecasted downside of 8.5% from its current price of $79.96.Amount of Analyst CoveragePinduoduo has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.2 Community Rank Outperform VotesPinduoduo has received 367 “outperform” votes. (Add your “outperform” vote.)Underperform VotesPinduoduo has received 460 “underperform” votes. (Add your “underperform” vote.)Community SentimentPinduoduo has received 55.62% “underperform” votes from our community.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. 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 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 20.85% of the stock of Pinduoduo is held by institutions. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Pinduoduo are expected to grow in the coming year, from ($0.92) to $0.41 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Pinduoduo is -73.36, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Pinduoduo is -73.36, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioPinduoduo has a P/B Ratio of 25.14. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 2.2Community Rank: 2.2Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.00 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry Business services, not elsewhere classified Sub-IndustryN/A SectorRetail/Wholesale Current SymbolNASDAQ:PDD Previous Symbol CUSIPN/A CIKN/A Webwww.pinduoduo.com Phone86-21-5266-1300Debt Debt-to-Equity Ratio0.20 Current Ratio1.55 Quick Ratio1.55Price-To-Earnings Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/A Sales & Book Value Annual Sales$4.33 billion Price / Sales20.57 Cash FlowN/A Price / Cash FlowN/A Book Value$3.18 per share Price / Book25.14Profitability EPS (Most Recent Fiscal Year)($0.88) Net Income$-1,000,830,000.00 Net Margins-24.51% Return on Equity-35.73% Return on Assets-11.81%Miscellaneous Employees5,828 Outstanding Shares1,113,920,000Market Cap$89.07 billion Next Earnings Date11/18/2020 (Estimated) OptionableOptionable $79.96 +0.15 (+0.19 %) (As of 09/21/2020 12:00 AM ET) 30 days | 90 days | 365 days | Advanced Chart Receive PDD News and Ratings via Email Sign-up to receive the latest news and ratings for PDD and its competitors with MarketBeat's FREE daily newsletter. Pinduoduo (NASDAQ:PDD) Frequently Asked Questions How has Pinduoduo's stock been impacted by COVID-19 (Coronavirus)? Pinduoduo's stock was trading at $35.06 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, PDD shares have increased by 128.1% and is now trading at $79.96. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of Pinduoduo? 17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Pinduoduo in the last year. There are currently 11 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Pinduoduo. When is Pinduoduo's next earnings date? Pinduoduo is scheduled to release its next quarterly earnings announcement on Wednesday, November 18th 2020. View our earnings forecast for Pinduoduo. How were Pinduoduo's earnings last quarter? Pinduoduo Inc (NASDAQ:PDD) issued its quarterly earnings data on Friday, August, 21st. The company reported ($0.06) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.18) by $0.12. The firm had revenue of $12.19 billion for the quarter, compared to analysts' expectations of $12.08 billion. Pinduoduo had a negative net margin of 24.51% and a negative return on equity of 35.73%. The business's revenue was up 67.3% on a year-over-year basis. During the same period last year, the company earned ($0.04) earnings per share. View Pinduoduo's earnings history. What price target have analysts set for PDD? 17 analysts have issued 12 month price targets for Pinduoduo's stock. Their forecasts range from $33.00 to $116.00. On average, they expect Pinduoduo's stock price to reach $73.18 in the next twelve months. This suggests that the stock has a possible downside of 8.5%. View analysts' price targets for Pinduoduo. Who are some of Pinduoduo's key competitors? Some companies that are related to Pinduoduo include Mastercard (MA), Paypal (PYPL), Accenture (ACN), Fidelity National Information Servcs (FIS), Uber Technologies (UBER), NetEase (NTES), Global Payments (GPN), Mercadolibre (MELI), eBay (EBAY), CoStar Group (CSGP), Msci (MSCI), Zillow Group (Z), Zillow Group (ZG), FleetCor Technologies (FLT) and Akamai Technologies (AKAM). View all 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), JD.Com (JD), NVIDIA (NVDA), Advanced Micro Devices (AMD), Netflix (NFLX), Tesla (TSLA), Square (SQ), Micron Technology (MU), Shopify (SHOP) and salesforce.com (CRM). Who are Pinduoduo's key executives? Pinduoduo's management team includes the following 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 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 retail and institutional investors. Top institutional shareholders include FMR LLC (1.79%), Goldman Sachs Group Inc. (1.28%), Hillhouse Capital Advisors LTD. (0.89%), Vanguard Group Inc. (0.88%), Bank of America Corp DE (0.75%) and Fisher Asset Management LLC (0.37%). Which major investors are selling Pinduoduo stock? PDD stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Goldman Sachs Group Inc., WT Asset Management Ltd, Sylebra Capital Ltd, Krane Funds Advisors LLC, Nordea Investment Management AB, Sumitomo Mitsui Trust Holdings Inc., and Anglepoint Asset Management LTD.. Which major investors are buying Pinduoduo stock? PDD stock was purchased by a variety of institutional investors in the last quarter, including Vanguard Group Inc., Discovery Value Fund, Hillhouse Capital Advisors LTD., Softbank Group Corp, Bank of America Corp DE, Bridgewater Associates LP, TB Alternative Assets Ltd., and Canada Pension Plan Investment Board. 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 $79.96. How big of a company is Pinduoduo? Pinduoduo has a market capitalization of $89.07 billion and generates $4.33 billion in revenue each year. The company earns $-1,000,830,000.00 in net income (profit) each year or ($0.88) on an earnings per share basis. Pinduoduo employs 5,828 workers across the globe. What is Pinduoduo's official website? The official website for Pinduoduo is 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] This page was last updated on 9/21/2020 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. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. 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