NASDAQ:PDD

Pinduoduo Stock Forecast, Price & News

$88.91
-2.57 (-2.81 %)
(As of 08/3/2021 12:00 AM ET)
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Today's Range
$87.44
$90.78
50-Day Range
$79.53
$139.90
52-Week Range
$69.89
$212.60
Volume5.26 million shs
Average Volume7.67 million shs
Market Capitalization$110.13 billion
P/E RatioN/A
Dividend YieldN/A
Beta1.43
30 days | 90 days | 365 days | Advanced Chart
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Pinduoduo logo

About Pinduoduo

Pinduoduo, Inc. operates as a holding company, which engages in the development and management of an e-commerce platform. Its Pinduoduo mobile application offers a selection of merchandise for buyer acquisition and engagement. The company was founded by Hua Lin Cai and Zheng Huang on April 20, 2015 and is headquartered in Shanghai, China.

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MarketRank

Overall MarketRank

1.62 out of 5 stars

Retail/Wholesale Sector

192nd out of 260 stocks

Business Services, Not Elsewhere Classified Industry

96th out of 131 stocks

Analyst Opinion: 3.4Community Rank: 4.1Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 0.6 5 -4 -3 -2 -1 -
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Pinduoduo (NASDAQ:PDD) Frequently Asked Questions

Is Pinduoduo a buy right now?

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Pinduoduo in the last year. There are currently 5 hold ratings and 12 buy ratings for the stock. The consensus among Wall Street 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 Friday, August 20th 2021.
View our earnings forecast for Pinduoduo
.

How were Pinduoduo's earnings last quarter?

Pinduoduo Inc. (NASDAQ:PDD) posted its quarterly earnings data on Tuesday, May, 25th. The company reported ($1.52) earnings per share for the quarter, missing the Zacks' consensus estimate of ($0.68) by $0.84. The business earned $3.38 billion during the quarter, compared to analysts' expectations of $3.15 billion. Pinduoduo had a negative trailing twelve-month return on equity of 13.24% and a negative net margin of 7.96%.
View Pinduoduo's earnings history
.

How has Pinduoduo's stock been impacted by Coronavirus (COVID-19)?

Pinduoduo's stock was trading at $35.06 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, PDD stock has increased by 153.6% and is now trading at $88.91.
View which stocks have been most impacted by COVID-19
.

What price target have analysts set for PDD?

17 equities research analysts have issued 1 year price targets for Pinduoduo's shares. Their forecasts range from $89.00 to $210.00. On average, they expect Pinduoduo's share price to reach $159.47 in the next year. This suggests a possible upside of 79.4% 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
  • Jian Chong Zhu, Senior Vice President & General Counsel
  • Zhen Wei Zheng, Senior Vice President-Product Development

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), 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 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."

Who are Pinduoduo's major shareholders?

Pinduoduo's stock is owned by a number of retail and institutional investors. Top institutional investors include Baillie Gifford & Co. (2.22%), Fisher Asset Management LLC (0.29%), Sumitomo Mitsui Trust Holdings Inc. (0.27%), Tybourne Capital Management HK Ltd. (0.15%), Veritas Asset Management LLP (0.11%) and Growth Interface Management LLC (0.07%).

Which institutional investors are selling Pinduoduo stock?

PDD stock was sold by a variety of institutional investors in the last quarter, including Yong Rong HK Asset Management Ltd, Fisher Asset Management LLC, AIA Group Ltd, Cutler Group LP, Linden Rose Investment LLC, Panview Asian Equity Master Fund, New York State Common Retirement Fund, and E Fund Management Hong Kong Co. Ltd..

Which institutional investors are buying Pinduoduo stock?

PDD stock was purchased by a variety of institutional investors in the last quarter, including Sumitomo Mitsui Trust Holdings Inc., Baillie Gifford & Co., Tybourne Capital Management HK Ltd., Growth Interface Management LLC, Veritas Asset Management LLP, Mass General Brigham Inc, Ardevora Asset Management LLP, and IvyRock Asset Management HK 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 $88.91.

How much money does Pinduoduo make?

Pinduoduo has a market capitalization of $110.13 billion and generates $9.12 billion in revenue each year. The company earns $-1,100,340,000.00 in net income (profit) each year or ($0.92) on an earnings per share basis.

How many employees does Pinduoduo have?

Pinduoduo employs 7,986 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]


This page was last updated on 8/4/2021 by MarketBeat.com Staff
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