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NASDAQ:PDD

Pinduoduo Stock Forecast, Price & News

$179.32
-8.59 (-4.57 %)
(As of 02/24/2021 12:00 AM ET)
Add
Compare
Today's Range
$174.72
Now: $179.32
$186.27
50-Day Range
$161.20
MA: $181.40
$202.82
52-Week Range
$30.20
Now: $179.32
$212.60
Volume7.64 million shs
Average Volume6.99 million shs
Market Capitalization$199.75 billion
P/E RatioN/A
Dividend YieldN/A
Beta1.6
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 beverage, 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 founded in 2015 and is headquartered in Shanghai, the People's Republic of China.
Pinduoduo logo

Industry, Sector and Symbol

Industry Business services, not elsewhere classified
Sub-IndustryN/A
Current SymbolNASDAQ:PDD
CUSIPN/A
CIKN/A
Phone86-21-5266-1300
Employees5,828
Year Founded2015

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$4.33 billion
Book Value$3.18 per share

Profitability

Net Income$-1,000,830,000.00

Miscellaneous

Outstanding Shares1,113,920,000
Market Cap$199.75 billion
Next Earnings Date3/10/2021 (Estimated)
OptionableOptionable

MarketRank

Overall MarketRank

0.84 out of 5 stars

Retail/Wholesale Sector

241st out of 382 stocks

Business Services, Not Elsewhere Classified Industry

99th out of 192 stocks

Analyst Opinion: 1.4Community Rank: 2.2Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 0.6 5 -4 -3 -2 -1 -
$179.32
-8.59 (-4.57 %)
(As of 02/24/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Pinduoduo (NASDAQ:PDD) Frequently Asked Questions

Is Pinduoduo a buy right now?

20 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Pinduoduo in the last year. There are currently 6 hold ratings and 14 buy ratings for the stock. The consensus among Wall Street equities research 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 short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Pinduoduo wasn't one of them. MarketBeat thinks these five stocks 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 Wednesday, March 10th 2021.
View our earnings forecast for Pinduoduo
.

How were Pinduoduo's earnings last quarter?

Pinduoduo Inc. (NASDAQ:PDD) posted its quarterly earnings data on Thursday, November, 12th. The company reported $0.33 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of ($0.24) by $0.57. The business had revenue of $14.21 billion for the quarter, compared to analysts' expectations of $12.31 billion. Pinduoduo had a negative net margin of 17.10% and a negative trailing twelve-month return on equity of 28.77%. The business's quarterly revenue was up 89.1% compared to the same quarter last year. During the same period in the previous year, the firm posted ($1.44) EPS.
View Pinduoduo's earnings history
.

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

Pinduoduo's stock was trading at $35.06 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, PDD shares have increased by 411.5% and is now trading at $179.32.
View which stocks have been most impacted by COVID-19
.

What price target have analysts set for PDD?

20 equities research analysts have issued 12-month price objectives for Pinduoduo's shares. Their forecasts range from $38.00 to $210.00. On average, they anticipate Pinduoduo's stock price to reach $121.50 in the next year. This suggests that the stock has a possible downside of 32.2%.
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. Zheng Huang, Founder & Chairman (Age 41)
  • Mr. Lei Chen, CEO & Director (Age 41)
  • Mr. Jing Ma, VP of Fin.
  • Mr. Junyun Xiao, Sr. VP of Operation (Age 41)
  • Xin Yi Lim, Investor Relations Officers
  • Mr. Jianchong Zhu, Gen. Counsel
  • Mr. Nick Shu C.F.A., Director of Corp. Devel. & IR
  • Mr. Zhenwei Zheng, Sr. VP of Product Devel. (Age 37)
  • David Liu, VP of Strategy

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 many different institutional and retail investors. Top institutional investors include Baillie Gifford & Co. (2.28%), FMR LLC (1.46%), Tiger Global Management LLC (1.26%), Hillhouse Capital Advisors LTD. (0.92%), IDG China Venture Capital Fund IV Associates L.P. (0.75%) and Renaissance Technologies LLC (0.64%).

Which major investors are selling Pinduoduo stock?

PDD stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Anatole Investment Management Ltd, IDG China Venture Capital Fund IV Associates L.P., Assenagon Asset Management S.A., Anglepoint Asset Management LTD., WT Asset Management Ltd, Credit Suisse AG, and Krane Funds Advisors LLC.

Which major investors are buying Pinduoduo stock?

PDD stock was purchased by a variety of institutional investors in the last quarter, including Canada Pension Plan Investment Board, FMR LLC, Northern Trust Corp, Baillie Gifford & Co., Aspex Management HK Ltd, Yong Rong HK Asset Management Ltd, Trivest Advisors Ltd, and Linden Rose Investment 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 $179.32.

How much money does Pinduoduo make?

Pinduoduo has a market capitalization of $199.75 billion and generates $4.33 billion in revenue each year. The company earns $-1,000,830,000.00 in net income (profit) each year or ($0.88) on an earnings per share basis.

How many employees does Pinduoduo have?

Pinduoduo employs 5,828 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 86-21-5266-1300 or via email at [email protected]


This page was last updated on 2/24/2021 by MarketBeat.com Staff

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