NASDAQ:PDD

Pinduoduo - PDD Stock Forecast, Price & News

$65.75

-0.96 (-1.44%)

(As of 11/25/2022 12:00 AM ET)

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Today's Range: $64.17
▼
$66.65
50-Day Range: $44.46
▼
$70.97
52-Week Range: $23.21
▼
$74.84

Volume: 6.12 million shs
Average Volume: 11.63 million shs
Market Capitalization: $81.44 billion

P/E Ratio: 30.87
Dividend Yield: N/A
Price Target: $76.27

Pinduoduo MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.82 Rating Score
Upside/Downside: 16.0% Upside
$76.27 Price Target
Short Interest: Healthy
1.93% of Float Sold Short
Dividend Strength: N/A
Sustainability: -1.41
Upright™ Environmental Score
News Sentiment: 0.55
Based on 4 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 10.71%
From $2.52 to $2.79 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.12 out of 5 stars

Retail/Wholesale Sector

120th out of 219 stocks

Business Services, Not Elsewhere Classified Industry

59th out of 95 stocks

3.4

Analyst's Opinion

Consensus Rating
Pinduoduo has received a consensus rating of Buy. The company's average rating score is 2.82, and is based on 9 buy ratings, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $76.27, Pinduoduo has a forecasted upside of 16.0% from its current price of $65.75.
Amount of Analyst Coverage
Pinduoduo has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

3.0

Short Interest

Percentage of Shares Shorted
1.93% of the float of Pinduoduo has been sold short.
Short Interest Ratio / Days to Cover
Pinduoduo has a short interest ratio ("days to cover") of 1.8, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Pinduoduo has recently increased by 30.24%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
Pinduoduo does not currently pay a dividend.
Dividend Growth
Pinduoduo does not have a long track record of dividend growth.

2.2

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Pinduoduo 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 Sustainability
The Environmental Impact score for Pinduoduo is -1.41.

2.0

News and Social Media Coverage

News Sentiment
Pinduoduo has a news sentiment score of 0.55. 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 news sentiment score is similar to the average news sentiment of Retail/Wholesale companies.
News Coverage This Week
MarketBeat has tracked 4 news articles for Pinduoduo this week, compared to 7 articles on an average week.
Search Interest
37 people have searched for PDD on MarketBeat in the last 30 days. This is an increase of 95% compared to the previous 30 days.
MarketBeat Follows
Only 11 people have added Pinduoduo to their MarketBeat watchlist in the last 30 days. This is a decrease of -21% compared to the previous 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Pinduoduo insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 3.70% of the stock of Pinduoduo is held by insiders.
Percentage Held by Institutions
Only 22.70% of the stock of Pinduoduo is held by institutions.

1.9

Earnings and Valuation

Earnings Growth
Earnings for Pinduoduo are expected to grow by 10.71% in the coming year, from $2.52 to $2.79 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Pinduoduo is 30.87, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 126.94.
Price to Earnings Ratio vs. Sector
The P/E ratio of Pinduoduo is 30.87, which means that it is trading at a more expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 25.49.
Price to Book Value per Share Ratio
Pinduoduo has a P/B Ratio of 6.91. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Pinduoduo (NASDAQ:PDD) Stock

Pinduoduo Inc., through its subsidiaries, operates an e-commerce platform in the People's Republic of China. It operates Pinduoduo, a mobile platform that offers a range of products, including apparel, shoes, bags, mother and childcare products, food and beverages, fresh produce, electronic appliances, furniture and household goods, cosmetics and other personal care items, sports and fitness items, and auto accessories. The company was formerly known as Walnut Street Group Holding Limited and changed its name to Pinduoduo Inc. in July 2018. Pinduoduo Inc. was incorporated in 2015 and is headquartered in Shanghai, the People's Republic of China.

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PDD Stock News Headlines

November 22, 2022 | marketbeat.com

Is This The Right Time to Invest in Alibaba? (PDD)

Without the ability to turn significant profits, Alibaba is struggling. Fortunately, the industry as a whole is facing challenges, so watch the sector closely.

November 25, 2022 | finance.yahoo.com

Recent 5.4% pullback isn't enough to hurt long-term Pinduoduo (NASDAQ:PDD) shareholders, they're still up 86% over 3 years

November 21, 2022 | finance.yahoo.com

Pinduoduo Inc. (NASDAQ:PDD) adds US$6.3b in market cap and insiders have a 35% stake in that gain

November 18, 2022 | americanbankingnews.com

Pinduoduo Inc. (NASDAQ:PDD) Receives $79.10 Average PT from Brokerages

November 17, 2022 | americanbankingnews.com

Pinduoduo Sees Unusually High Options Volume (NASDAQ:PDD)

November 11, 2022 | benzinga.com

Why Chinese Stocks Alibaba, JD, Pinduoduo Are Rallying Strong Today

November 7, 2022 | finance.yahoo.com

Is There An Opportunity With Pinduoduo Inc.'s (NASDAQ:PDD) 27% Undervaluation?

November 1, 2022 | finance.yahoo.com

Investors Heavily Search Pinduoduo Inc. Sponsored ADR (PDD): Here is What You Need to Know

October 26, 2022 | finance.yahoo.com

Pinduoduo (NASDAQ:PDD investor one-year losses grow to 49% as the stock sheds CN¥14b this past week

October 26, 2022 | finance.yahoo.com

Pinduoduo Inc. Sponsored ADR (PDD) Surges 6.9%: Is This an Indication of Further Gains?

October 25, 2022 | msn.com

Pinduoduo Finds Early Success in U.S. E-Commerce. Now Comes the Hard Part

October 25, 2022 | benzinga.com

What's Going On With Pinduoduo Stock Today?

October 21, 2022 | finance.yahoo.com

Pinduoduo Inc. (NASDAQ:PDD) Stock Has Shown Weakness Lately But Financials Look Strong: Should Prospective Shareholders Make The Leap?

October 19, 2022 | nasdaq.com

Here is What to Know Beyond Why Pinduoduo Inc. Sponsored ADR (PDD) is a Trending Stock - Nasdaq

October 19, 2022 | benzinga.com

10 Consumer Discretionary Stocks With Whale Alerts In Today's Session - Pinduoduo (NASDAQ:PDD), Tesla (NA - Benzinga

October 18, 2022 | benzinga.com

Pinduoduo shares are trading higher as Chinese stocks gain in sympathy with US markets. - Pinduoduo (NASDAQ:PDD) - Benzinga

October 18, 2022 | nasdaq.com

Pinduoduo (NASDAQ:PDD) Is Looking To Continue Growing Its Returns On Capital - Nasdaq

October 17, 2022 | benzinga.com

What's Going On With Pinduoduo Stock Exploding Higher? - Pinduoduo (NASDAQ:PDD) - Benzinga

October 17, 2022 | finance.yahoo.com

Are Investors Undervaluing Pinduoduo Inc. (NASDAQ:PDD) By 21%?

October 14, 2022 | fool.com

Why Shares of Pinduoduo, KE Holdings, and Baidu Are Falling This Week - The Motley Fool

October 13, 2022 | finance.yahoo.com

The recent US$13b market cap decrease is likely to have disappointed insiders invested in Pinduoduo Inc. (NASDAQ:PDD)

October 12, 2022 | nasdaq.com

Pinduoduo Inc. Sponsored ADR (PDD) Gains As Market Dips: What You Should Know - Nasdaq

October 12, 2022 | finance.yahoo.com

Pinduoduo Inc. Sponsored ADR (PDD) Gains As Market Dips: What You Should Know

October 12, 2022 | benzinga.com

Why Pinduoduo Shares Are Diving - Pinduoduo (NASDAQ:PDD) - Benzinga

October 11, 2022 | uk.investing.com

What's Happening With Pinduoduo Stock By Benzinga - Investing.com UK

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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PDD Company Calendar

Last Earnings: 8/29/2022
Today: 11/26/2022
Next Earnings (Estimated): 11/28/2022
Fiscal Year End: 12/31/2022

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Business services, not elsewhere classified
Sub-Industry: N/A
Sector: Retail/Wholesale
Current Symbol: NASDAQ:PDD
CUSIP: N/A
CIK: 1737806
Web: www.pinduoduo.com
Phone: 862152661300
Fax: N/A
Employees: 9,762
Year Founded: 2015

Price Target and Rating

Average Stock Price Forecast: $76.27
High Stock Price Forecast: $107.00
Low Stock Price Forecast: $48.00
Forecasted Upside/Downside: +16.0%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.82
Research Coverage: 11 Analysts

Profitability

EPS (Most Recent Fiscal Year): $2.13
Trailing P/E Ratio: 30.87
Forward P/E Ratio: 26.09
P/E Growth: N/A
Net Income: $1.22 billion
Net Margins: 18.88%
Pretax Margin: 16.43%
Return on Equity: 29.57%
Return on Assets: 12.59%

Debt

Debt-to-Equity Ratio: 0.18
Current Ratio: 1.89
Quick Ratio: 1.89

Sales & Book Value

Annual Sales: $14.74 billion
Price / Sales: 5.52
Cash Flow: $1.96 per share
Price / Cash Flow: 33.60
Book Value: $9.52 per share
Price / Book: 6.91

Miscellaneous

Outstanding Shares: 1,238,700,000
Free Float: 1,192,871,000
Market Cap: $81.44 billion
Optionable: Optionable
Beta: 0.59

Social Links

Key Executives

Mr. Lei Chen (Age 42)
Chairman & CEO

Ms. Jun Liu (Age 39)
VP of Fin.

Mr. Junyun Xiao (Age 42)
Sr. VP of Operation

Xin Yi Lim
Investor Relations Officers

Mr. Jianchong Zhu (Age 42)
Gen. Counsel

Mr. Nick Shu C.F.A.
Director of Corp. Devel. & IR

Mr. Zhenwei Zheng (Age 38)
Sr. VP of Product Devel.

David Liu
VP of Strategy

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

PDD Stock - Frequently Asked Questions

Should I buy or sell Pinduoduo stock right now?: 11 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Pinduoduo in the last twelve months. There are currently 2 hold ratings and 9 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 Pinduoduo's stock price forecast for 2023?: 11 brokers have issued twelve-month target prices for Pinduoduo's stock. Their PDD share price forecasts range from $48.00 to $107.00. On average, they predict the company's stock price to reach $76.27 in the next twelve months. This suggests a possible upside of 16.0% 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 2022?: Pinduoduo's stock was trading at $58.30 at the start of the year. Since then, PDD shares have increased by 12.8% and is now trading at $65.75.
View the best growth stocks for 2022 here.
When is Pinduoduo's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, November 28th 2022.
View our PDD earnings forecast.
How were Pinduoduo's earnings last quarter?: Pinduoduo Inc. (NASDAQ:PDD) posted its quarterly earnings data on Monday, August, 29th. The company reported $7.54 EPS for the quarter, beating analysts' consensus estimates of $0.27 by $7.27. The firm had revenue of $4.69 billion for the quarter, compared to analyst estimates of $3.54 billion. Pinduoduo had a trailing twelve-month return on equity of 29.57% and a net margin of 18.88%. During the same period last year, the company earned $0.33 earnings per share.
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), Block (SQ), Tesla (TSLA), Walt Disney (DIS) and Salesforce (CRM).

When did Pinduoduo IPO?: (PDD) raised $1.5 billion in an initial public offering (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 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 many different institutional and retail investors. Top institutional investors include Baillie Gifford & Co. (2.28%), BlackRock Inc. (1.88%), Vanguard Group Inc. (1.18%), Hsbc Holdings PLC (0.57%), Krane Funds Advisors LLC (0.41%) and Canada Pension Plan Investment Board (0.41%).
How do I buy shares of Pinduoduo?: 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 Pinduoduo's stock price today?: One share of PDD stock can currently be purchased for approximately $65.75.
How much money does Pinduoduo make?: Pinduoduo (NASDAQ:PDD) has a market capitalization of $81.44 billion and generates $14.74 billion in revenue each year. The company earns $1.22 billion in net income (profit) each year or $2.13 on an earnings per share basis.
How many employees does Pinduoduo have?: The company employs 9,762 workers across the globe.
How can I contact Pinduoduo?: Pinduoduo'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 11/27/2022 by MarketBeat.com Staff

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