S&P 500   3,283.78 (+1.24%)
DOW   28,786.89 (+0.88%)
QQQ   221.90 (+1.74%)
AAPL   318.04 (+2.94%)
FB   218.28 (+1.59%)
MSFT   165.68 (+2.10%)
GOOGL   1,452.60 (+1.46%)
AMZN   1,854.55 (+1.43%)
CGC   23.81 (+10.44%)
NVDA   249.10 (+3.71%)
BABA   210.46 (+2.43%)
TSLA   566.84 (+1.58%)
T   38.80 (+1.44%)
ACB   1.94 (+2.65%)
NFLX   350.77 (+2.30%)
BAC   33.33 (+1.46%)
DIS   138.60 (+1.99%)
GILD   64.59 (+1.19%)
S&P 500   3,283.78 (+1.24%)
DOW   28,786.89 (+0.88%)
QQQ   221.90 (+1.74%)
AAPL   318.04 (+2.94%)
FB   218.28 (+1.59%)
MSFT   165.68 (+2.10%)
GOOGL   1,452.60 (+1.46%)
AMZN   1,854.55 (+1.43%)
CGC   23.81 (+10.44%)
NVDA   249.10 (+3.71%)
BABA   210.46 (+2.43%)
TSLA   566.84 (+1.58%)
T   38.80 (+1.44%)
ACB   1.94 (+2.65%)
NFLX   350.77 (+2.30%)
BAC   33.33 (+1.46%)
DIS   138.60 (+1.99%)
GILD   64.59 (+1.19%)
S&P 500   3,283.78 (+1.24%)
DOW   28,786.89 (+0.88%)
QQQ   221.90 (+1.74%)
AAPL   318.04 (+2.94%)
FB   218.28 (+1.59%)
MSFT   165.68 (+2.10%)
GOOGL   1,452.60 (+1.46%)
AMZN   1,854.55 (+1.43%)
CGC   23.81 (+10.44%)
NVDA   249.10 (+3.71%)
BABA   210.46 (+2.43%)
TSLA   566.84 (+1.58%)
T   38.80 (+1.44%)
ACB   1.94 (+2.65%)
NFLX   350.77 (+2.30%)
BAC   33.33 (+1.46%)
DIS   138.60 (+1.99%)
GILD   64.59 (+1.19%)
S&P 500   3,283.78 (+1.24%)
DOW   28,786.89 (+0.88%)
QQQ   221.90 (+1.74%)
AAPL   318.04 (+2.94%)
FB   218.28 (+1.59%)
MSFT   165.68 (+2.10%)
GOOGL   1,452.60 (+1.46%)
AMZN   1,854.55 (+1.43%)
CGC   23.81 (+10.44%)
NVDA   249.10 (+3.71%)
BABA   210.46 (+2.43%)
TSLA   566.84 (+1.58%)
T   38.80 (+1.44%)
ACB   1.94 (+2.65%)
NFLX   350.77 (+2.30%)
BAC   33.33 (+1.46%)
DIS   138.60 (+1.99%)
GILD   64.59 (+1.19%)
Log in

NASDAQ:PDD - Pinduoduo Stock Price, Forecast & News

$37.02
+0.43 (+1.18 %)
(As of 01/28/2020 03:29 PM ET)
Today's Range
$36.63
Now: $37.02
$37.40
50-Day Range
$36.44
MA: $38.57
$41.23
52-Week Range
$18.46
Now: $37.02
$45.25
Volume2.24 million shs
Average Volume5.17 million shs
Market Capitalization$41.24 billion
P/E RatioN/A
Dividend YieldN/A
Beta1.3
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.

Industry, Sector and Symbol

Industry Business services, not elsewhere classified
Sub-IndustryN/A
SectorRetail/Wholesale
Current SymbolNASDAQ:PDD
CUSIPN/A
CIKN/A
Phone86-21-5266-1300

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.91 billion
Book Value$2.46 per share

Profitability

Net Income$-1,486,020,000.00

Miscellaneous

Employees3,683
Outstanding Shares1,113,920,000
Market Cap$41.24 billion
Next Earnings Date3/11/2020 (Estimated)
OptionableOptionable

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

What is Pinduoduo's stock symbol?

Pinduoduo trades on the NASDAQ under the ticker symbol "PDD."

How were Pinduoduo's earnings last quarter?

Pinduoduo Inc (NASDAQ:PDD) announced its earnings results on Wednesday, November, 20th. The company reported ($1.44) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.11) by $1.33. The firm had revenue of $7.51 billion for the quarter, compared to analyst estimates of $7.58 billion. Pinduoduo had a negative net margin of 30.59% and a negative return on equity of 32.14%. Pinduoduo's revenue for the quarter was up 122.8% compared to the same quarter last year. During the same period last year, the firm earned ($0.68) earnings per share. View Pinduoduo's Earnings History.

When is Pinduoduo's next earnings date?

Pinduoduo is scheduled to release their next quarterly earnings announcement on Wednesday, March 11th 2020. View Earnings Estimates for Pinduoduo.

What price target have analysts set for PDD?

14 Wall Street analysts have issued 12-month price objectives for Pinduoduo's shares. Their forecasts range from $20.48 to $62.00. On average, they anticipate Pinduoduo's stock price to reach $37.64 in the next year. This suggests a possible upside of 1.5% from the stock's current price. View Analyst Price Targets for Pinduoduo.

What is the consensus analysts' recommendation for Pinduoduo?

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Pinduoduo in the last year. There are currently 2 sell ratings, 2 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Pinduoduo.

Has Pinduoduo been receiving favorable news coverage?

Media headlines about PDD stock have been trending extremely negative this week, according to InfoTrie. InfoTrie ranks the sentiment of press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Pinduoduo earned a news impact score of -5.0 on InfoTrie's scale. They also gave news stories about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View News Stories for Pinduoduo.

Are investors shorting Pinduoduo?

Pinduoduo saw a decline in short interest in December. As of December 13th, there was short interest totalling 26,350,000 shares, a decline of 6.0% from the November 28th total of 28,020,000 shares. Based on an average daily trading volume, of 7,280,000 shares, the short-interest ratio is presently 3.6 days. Approximately 4.1% of the company's shares are short sold. View Pinduoduo's Current Options Chain.

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), Verizon Communications (VZ), Netflix (NFLX), Micron Technology (MU), JD.Com (JD), Tesla (TSLA), Paypal (PYPL), Advanced Micro Devices (AMD) and AT&T (T).

Who are Pinduoduo's key executives?

Pinduoduo's management team includes the folowing 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 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.

Who are Pinduoduo's major shareholders?

Pinduoduo's stock is owned by many different of retail and institutional investors. Top institutional investors include California Public Employees Retirement System (0.02%), EastBay Asset Management LLC (0.01%), Altfest L J & Co. Inc. (0.00%), World Asset Management Inc (0.00%), Exane Derivatives (0.00%) and Advisors Preferred LLC (0.00%).

Which institutional investors are selling Pinduoduo stock?

PDD stock was sold by a variety of institutional investors in the last quarter, including EastBay Asset Management LLC, Steward Partners Investment Advisory LLC, Exane Derivatives, World Asset Management Inc and Altfest L J & Co. Inc..

Which institutional investors are buying Pinduoduo stock?

PDD stock was bought by a variety of institutional investors in the last quarter, including California Public Employees Retirement System and Advisors Preferred 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 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 $37.08.

How big of a company is Pinduoduo?

Pinduoduo has a market capitalization of $41.30 billion and generates $1.91 billion in revenue each year. The company earns $-1,486,020,000.00 in net income (profit) each year or ($2.00) on an earnings per share basis. Pinduoduo employs 3,683 workers across the globe.View Additional Information About Pinduoduo.

What is Pinduoduo's official website?

The official website for Pinduoduo is http://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]


MarketBeat Community Rating for Pinduoduo (NASDAQ PDD)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  321 (Vote Outperform)
Underperform Votes:  422 (Vote Underperform)
Total Votes:  743
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.
This page was last updated on 1/28/2020 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel