Pinduoduo (PDD) Stock Forecast, Price & News

Pinduoduo (NASDAQ:PDD) Frequently Asked Questions

Is Pinduoduo a buy right now?

11 Wall Street 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 analysts is that investors should "buy" Pinduoduo stock.
View analyst ratings for Pinduoduo or view top-rated stocks.

Are investors shorting Pinduoduo?

Pinduoduo saw a decrease in short interest in May. As of May 15th, there was short interest totaling 19,240,000 shares, a decrease of 18.4% from the April 30th total of 23,590,000 shares. Based on an average daily volume of 18,560,000 shares, the short-interest ratio is currently 1.0 days.
View Pinduoduo's Short Interest.

When is Pinduoduo's next earnings date?

Pinduoduo is scheduled to release its next quarterly earnings announcement on Friday, May 27th 2022.
View our earnings forecast for Pinduoduo.

How can I listen to Pinduoduo's earnings call?

Pinduoduo will be holding an earnings conference call on Friday, May 27th at 7:30 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Pinduoduo's earnings last quarter?

Pinduoduo Inc. (NASDAQ:PDD) posted its quarterly earnings data on Monday, March, 21st. The company reported $0.92 EPS for the quarter, beating the consensus estimate of $0.20 by $0.72. The company had revenue of $4.27 billion for the quarter, compared to the consensus estimate of $4.74 billion. Pinduoduo had a net margin of 8.40% and a trailing twelve-month return on equity of 15.76%. During the same quarter last year, the business earned ($0.17) earnings per share.
View Pinduoduo's earnings history.

What price target have analysts set for PDD?

11 analysts have issued 1 year price objectives for Pinduoduo's stock. Their forecasts range from $41.00 to $148.00. On average, they anticipate Pinduoduo's share price to reach $68.11 in the next year. This suggests a possible upside of 62.4% 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:

• 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 Officers
• Mr. Jianchong Zhu, Gen. Counsel (Age 42)
• Mr. Nick Shu C.F.A., Director of Corp. Devel. & IR
• Mr. 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 Accenture (ACN), PayPal (PYPL), Fiserv (FISV), Fidelity National Information Services (FIS), Relx (RELX), Uber Technologies (UBER), MercadoLibre (MELI), Global Payments (GPN), MSCI (MSCI), eBay (EBAY), CoStar Group (CSGP), FLEETCOR Technologies (FLT), Broadridge Financial Solutions (BR), Akamai Technologies (AKAM) and Trip.com Group (TCOM).
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 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 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 many different retail and institutional investors. Top institutional shareholders include Baillie Gifford & Co. (2.35%), BlackRock Inc. (1.71%), Vanguard Group Inc. (1.14%), Tiger Global Management LLC (0.47%), Krane Funds Advisors LLC (0.45%) and Bridgewater Associates LP (0.40%).

Which major investors are selling Pinduoduo stock?

PDD stock was sold by a variety of institutional investors in the last quarter, including Invesco Ltd., Tiger Global Management LLC, Nikko Asset Management Americas Inc., Sumitomo Mitsui Trust Holdings Inc., National Bank of Canada FI, Wellington Management Group LLP, UBS Group AG, and Connor Clark & Lunn Investment Management Ltd..

Which major investors are buying Pinduoduo stock?

PDD stock was acquired by a variety of institutional investors in the last quarter, including Bridgewater Associates LP, Assenagon Asset Management S.A., Arrowstreet Capital Limited Partnership, Cederberg Capital Ltd, Canada Pension Plan Investment Board, Renaissance Technologies LLC, E Fund Management Co. Ltd., and Krane Funds Advisors LLC.

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 $41.93.

How much money does Pinduoduo make?

Pinduoduo has a market capitalization of $51.94 billion and generates $14.74 billion in revenue each year. The company earns $1.22 billion in net income (profit) each year or $0.82 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.

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 862152661300 or via email at [email protected].