NASDAQ:PDD PDD - PDD 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 PDD Holdings Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $72.84 +1.16 (+1.62%) (As of 03/28/2023 12:00 AM ET) Add Compare Share Share Today's Range$70.13▼$73.5650-Day Range$71.68▼$104.6852-Week Range$31.01▼$106.38Volume15.68 million shsAverage Volume9.56 million shsMarket CapitalizationN/AP/E Ratio22.76Dividend YieldN/APrice Target$102.80 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability PDD MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside41.1% Upside$102.80 Price TargetShort InterestBearishDividend StrengthN/ASustainability-1.41Upright™ Environmental ScoreNews Sentiment0.09Based on 6 Articles This WeekInsider TradingN/AProj. Earnings Growth36.64%From $3.33 to $4.55 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.62 out of 5 stars 4.5 Analyst's Opinion Consensus RatingPDD has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 13 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $102.80, PDD has a forecasted upside of 41.1% from its current price of $72.84.Amount of Analyst CoveragePDD has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.0 Short Interest Percentage of Shares ShortedShort Interest Ratio / Days to CoverPDD has a short interest ratio ("days to cover") of 3.2, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in PDD has recently increased by 12.69%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldPDD does not currently pay a dividend.Dividend GrowthPDD does not have a long track record of dividend growth. Previous Next 2.2 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScorePDD 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 PDD is -1.41. Previous Next 2.3 News and Social Media Coverage News SentimentPDD has a news sentiment score of 0.09. 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 lower news sentiment than the 0.42 average news sentiment score of Retail/Wholesale companies.News Coverage This WeekMarketBeat has tracked 6 news articles for PDD this week, compared to 5 articles on an average week.Search InterestOnly 62 people have searched for PDD on MarketBeat in the last 30 days. This is a decrease of -31% compared to the previous 30 days.MarketBeat Follows23 people have added PDD to their MarketBeat watchlist in the last 30 days. This is an increase of 21% compared to the previous 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, PDD insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 3.70% of the stock of PDD is held by insiders.Percentage Held by InstitutionsOnly 24.24% of the stock of PDD is held by institutions. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for PDD are expected to grow by 36.64% in the coming year, from $3.33 to $4.55 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of PDD is 22.76, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 116.69.Price to Earnings Ratio vs. SectorThe P/E ratio of PDD is 22.76, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 32.94.Price to Book Value per Share RatioPDD has a P/B Ratio of 5.29. 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 About PDD (NASDAQ:PDD) StockPDD Holdings, Inc. is a commerce group that owns and operates a portfolio of businesses, including Pinduoduo, a social commerce platform in China with agriculture as one of its pillars, and Temu, an e-commerce marketplace in North America. The company aims to bring more businesses and people into the digital economy so that local communities and small businesses can benefit from increased productivity and new opportunities. It has built a network of sourcing, logistics, and fulfillment capabilities, that support its underlying businesses. The company was founded by Hua Lin Cai and Zheng Huang on April 20, 2015 and is headquartered in Shanghai, China.Read More Receive PDD Stock 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. Email Address PDD Stock News HeadlinesMarch 8, 2023 | marketbeat.comAre China Internet Stocks Set Up To Rally In The Second Quarter? (PDD)What’s next for Chinese consumer-facing techs, amid growing geopolitical tensions and a somewhat disappointing gross domestic product forecast?March 7, 2023 | marketbeat.comPDD Holdings Deserves a Spot on Your Watchlist as China Reopens PDD Holdings may have overtaken some of its bigger international competitors positioning itself for a strong comeback in its unstoppable profitability path.March 28, 2023 | The Oxford Club (Ad)My No. 1 dividend stock for a LIFETIME of income.Few people realize this… But dividends account for up to 90% of the stock market's returns over the past century! I think it's a crying shame folks don't know how powerful dividends are.March 7, 2023 | marketbeat.comPDD Holdings Deserves a Spot on Your Watchlist as China Reopens (PDD)PDD Holdings may have overtaken some of its bigger international competitors positioning itself for a strong comeback in its unstoppable profitability path.March 25, 2023 | americanbankingnews.comAnalysts Set PDD Holdings Inc. (NASDAQ:PDD) Price Target at $94.36March 24, 2023 | americanbankingnews.comUBS Group Lowers PDD (NASDAQ:PDD) Price Target to $100.00March 23, 2023 | americanbankingnews.comPDD (NASDAQ:PDD) PT Lowered to $95.00March 23, 2023 | americanbankingnews.comPDD (NASDAQ:PDD) Given New $115.00 Price Target at CitigroupMarch 28, 2023 | Weiss Ratings (Ad)Fed's Shocking New Plan to Control Your MoneyThe Federal Reserve has a disturbing plan that is getting ready to roll out as soon as May. This is a lot more than printing trillions of dollars or manipulating interest rates. 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March 23, 2023 | americanbankingnews.comPDD (NASDAQ:PDD) Price Target Cut to $106.00March 21, 2023 | americanbankingnews.comHSBC Lowers PDD (NASDAQ:PDD) Price Target to $115.00March 21, 2023 | americanbankingnews.comPDD (NASDAQ:PDD) Announces Earnings ResultsMarch 20, 2023 | finance.yahoo.comGoogle Suspends Pinduoduo After Finding Malware in VersionsMarch 20, 2023 | finance.yahoo.comPinduoduo owner's revenue falls short on weak consumer spendingMarch 19, 2023 | americanbankingnews.comPDD (PDD) Scheduled to Post Earnings on MondayMarch 13, 2023 | msn.comPDD’s Temu budget e-commerce app said to enter UK as it ramps up competition with Shein, TikTok in accelerated expansionMarch 13, 2023 | finance.yahoo.comPDD Holdings to Report Fourth Quarter and Fiscal Year 2022 Unaudited Financial Results on March 20, 2023March 6, 2023 | msn.comShein’s Lead Under Fire as Chinese-Owned App Tops US ChartsMarch 6, 2023 | seekingalpha.comPDD: Multiple Major Risks AheadFebruary 21, 2023 | finance.yahoo.comWhy Pinduoduo Stock Was Falling TodayJanuary 28, 2023 | investorplace.comWhy PDD Stock Investors Can Feel Confident About PinduoduoJanuary 26, 2023 | finance.yahoo.comIt's Happy Lunar New Year For This Chinese Stock, But It Faces A RiskJanuary 2, 2023 | finance.yahoo.com3 Top E-Commerce Stocks to Buy in JanuaryDecember 31, 2022 | finance.yahoo.comBetter Chinese E-Commerce Stock: Alibaba vs. PinduoduoDecember 28, 2022 | finance.yahoo.comShould You Invest in Pinduoduo Inc. Sponsored ADR (PDD) Based on Bullish Wall Street Views?December 24, 2022 | finance.yahoo.comEven though Pinduoduo (NASDAQ:PDD) has lost US$3.8b market cap in last 7 days, shareholders are still up 114% over 3 yearsDecember 20, 2022 | finance.yahoo.comPinduoduo Inc.'s (NASDAQ:PDD) Intrinsic Value Is Potentially 40% Above Its Share PriceSee More Headlines 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 PDD and its competitors with MarketBeat's FREE daily newsletter. Email Address PDD Company Calendar Last Earnings3/20/2023Today3/28/2023Next Earnings (Estimated)5/26/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, 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 Founded2015Price Target and Rating Average Stock Price Forecast$102.80 High Stock Price Forecast$123.00 Low Stock Price Forecast$55.00 Forecasted Upside/Downside+41.1%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage13 Analysts Profitability EPS (Most Recent Fiscal Year)$3.20 Trailing P/E Ratio22.76 Forward P/E Ratio21.87 P/E GrowthN/ANet Income$4.57 billion Net Margins23.93% Pretax Margin27.90% Return on Equity32.10% Return on Assets15.58% Debt Debt-to-Equity Ratio0.01 Current Ratio1.85 Quick Ratio2.27 Sales & Book Value Annual Sales$18.93 billion Price / SalesN/A Cash Flow$5.59 per share Price / Cash Flow13.03 Book Value$13.78 per share Price / Book5.29Miscellaneous Outstanding SharesN/AFree FloatN/AMarket CapN/A OptionableOptionable Beta0.77 Social Links Key ExecutivesLei ChenChairman & Chief Executive OfficerJun Yun XiaoSenior Vice President-OperationJun LiuVice President-FinanceJian Chong ZhuGeneral Counsel & Senior Vice PresidentZhen Wei ZhengSenior Vice President-Product DevelopmentKey CompetitorsDigital Brands GroupNASDAQ:DBGIWG. Willi-Food InternationalNASDAQ:WILCKaival Brands Innovations GroupNASDAQ:KAVLSecooNASDAQ:SECOTecnoglassNASDAQ:TGLSView All CompetitorsInstitutional OwnershipOLD Mission Capital LLCBought 47,791 shares on 3/6/2023Ownership: 0.000%Parallax Volatility Advisers L.P.Bought 206,200 shares on 2/27/2023Ownership: 0.000%Truist Financial CorpBought 2,031 shares on 2/17/2023Ownership: 0.000%Regal Partners LtdSold 2,500 shares on 2/16/2023Ownership: 0.000%Altshuler Shaham LtdBought 524 shares on 2/16/2023Ownership: 0.000%View All Institutional Transactions PDD Stock - Frequently Asked Questions Should I buy or sell PDD stock right now? 13 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for PDD in the last twelve months. There are currently 13 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" PDD shares. View PDD analyst ratings or view top-rated stocks. What is PDD's stock price forecast for 2023? 13 brokers have issued twelve-month price objectives for PDD's shares. Their PDD share price forecasts range from $55.00 to $123.00. On average, they predict the company's share price to reach $102.80 in the next year. This suggests a possible upside of 41.2% from the stock's current price. View analysts price targets for PDD or view top-rated stocks among Wall Street analysts. How have PDD shares performed in 2023? PDD's stock was trading at $81.55 at the start of the year. Since then, PDD stock has decreased by 10.7% and is now trading at $72.79. View the best growth stocks for 2023 here. When is PDD's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Friday, May 26th 2023. View our PDD earnings forecast. How were PDD's earnings last quarter? PDD Holdings Inc. (NASDAQ:PDD) posted its quarterly earnings data on Monday, March, 20th. The company reported $8.34 earnings per share for the quarter, beating analysts' consensus estimates of $1.00 by $7.34. The firm earned $39.82 billion during the quarter, compared to analyst estimates of $40.74 billion. PDD had a trailing twelve-month return on equity of 32.10% and a net margin of 23.93%. The firm's quarterly revenue was up 46.2% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.92 earnings per share. What ETFs hold PDD's stock? ETFs with the largest weight of PDD (NASDAQ:PDD) stock in their portfolio include Global X Emerging Markets Internet & Ecommerce ETF (EWEB), Invesco Golden Dragon China ETF (PGJ), Global X China Consumer ETF (CHIQ), First Trust International Equity Opportunities ETF (FPXI), Invesco China Technology ETF (CQQQ), Emerging Markets Internet & Ecommerce ETF (EMQQ), KraneShares CSI China Internet ETF (KWEB) and Matthews China Active ETF (MCH). What other stocks do shareholders of PDD own? Based on aggregate information from My MarketBeat watchlists, some companies that other PDD investors own include Alibaba Group (BABA), NVIDIA (NVDA), JD.com (JD), Advanced Micro Devices (AMD), Micron Technology (MU), Netflix (NFLX), Block (SQ), Tesla (TSLA), Walt Disney (DIS) and Salesforce (CRM). When did PDD IPO? (PDD) raised $1.5 billion in an initial public offering 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 served as the underwriters for the IPO and China Renaissance was co-manager. What is PDD's stock symbol? PDD trades on the NASDAQ under the ticker symbol "PDD." Who are PDD's major shareholders? PDD's stock is owned by a variety of institutional and retail investors. Top institutional investors include Baillie Gifford & Co. (2.31%), Norges Bank (0.00%), Greenwoods Asset Management Hong Kong Ltd. (0.00%), Trivest Advisors Ltd (0.00%), Susquehanna International Group LLP (0.00%) and Legal & General Group Plc (0.00%). How do I buy shares of PDD? Shares of PDD stock 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 PDD's stock price today? One share of PDD stock can currently be purchased for approximately $72.79. How many employees does PDD have? The company employs 9,762 workers across the globe. How can I contact PDD? PDD's mailing address is 28/F NO. 533 LOUSHANGUAN ROAD CHANGNING DISTRICT, SHANGHAI F4, 200051. The official website for the company 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 3/28/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free 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 from 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. Export data to Excel for your own analysis. 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