NASDAQ:PDD

Pinduoduo Stock Forecast, Price & News

$99.89
+0.59 (+0.59 %)
(As of 09/16/2021 04:00 PM ET)
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Today's Range
$96.65
$100.65
50-Day Range
$74.69
$112.07
52-Week Range
$69.89
$212.60
Volume4.95 million shs
Average Volume7.89 million shs
Market Capitalization$123.73 billion
P/E RatioN/A
Dividend YieldN/A
Beta1.43
30 days | 90 days | 365 days | Advanced Chart
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Pinduoduo logo

About Pinduoduo

Pinduoduo, Inc. operates as a holding company, which engages in the development and management of an e-commerce platform. Its Pinduoduo mobile application offers a selection of merchandise for buyer acquisition and engagement. The company was founded by Hua Lin Cai and Zheng Huang on April 20, 2015 and is headquartered in Shanghai, China.

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MarketRank

Overall MarketRank

1.89 out of 5 stars

Retail/Wholesale Sector

160th out of 263 stocks

Business Services, Not Elsewhere Classified Industry

79th out of 134 stocks

Analyst Opinion: 3.4Community Rank: 4.1Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 1.9 5 -4 -3 -2 -1 -
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Pinduoduo (NASDAQ:PDD) Frequently Asked Questions

Is Pinduoduo a buy right now?

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Pinduoduo in the last twelve months. There are currently 2 hold ratings and 13 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.

What stocks does MarketBeat like better than Pinduoduo?

Wall Street analysts have given Pinduoduo a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Pinduoduo wasn't one of them. MarketBeat thinks these five companies 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 Thursday, November 11th 2021.
View our earnings forecast for Pinduoduo
.

How were Pinduoduo's earnings last quarter?

Pinduoduo Inc. (NASDAQ:PDD) announced its earnings results on Monday, August, 23rd. The company reported $2.85 EPS for the quarter, beating the consensus estimate of ($0.22) by $3.07. The business had revenue of $23.05 billion for the quarter, compared to the consensus estimate of $26.53 billion. Pinduoduo had a negative net margin of 3.02% and a negative trailing twelve-month return on equity of 3.82%. The business's revenue was up 89.0% compared to the same quarter last year.
View Pinduoduo's earnings history
.

How has Pinduoduo's stock been impacted by COVID-19?

Pinduoduo's stock was trading at $35.06 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, PDD shares have increased by 184.9% and is now trading at $99.89.
View which stocks have been most impacted by COVID-19
.

What price target have analysts set for PDD?

15 Wall Street analysts have issued 12-month price objectives for Pinduoduo's shares. Their forecasts range from $123.00 to $210.00. On average, they expect Pinduoduo's stock price to reach $161.62 in the next year. This suggests a possible upside of 61.8% 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:
  • Lei Chen, Chairman & Chief Executive Officer
  • Jun Yun Xiao, Senior Vice President-Operation
  • Jing Ma, Vice President-Finance
  • Zhen Wei Zheng, Senior Vice President-Product Development
  • Jian Chong Zhu, Senior VP-Global Affairs & General Counsel

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 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 a variety of institutional and retail investors. Top institutional investors include Baillie Gifford & Co. (2.22%), BlackRock Inc. (1.56%), Vanguard Group Inc. (1.08%), FMR LLC (1.00%), Hhlr Advisors LTD. (0.56%) and Susquehanna International Group LLP (0.00%).

Which major investors are selling Pinduoduo stock?

PDD stock was sold by a variety of institutional investors in the last quarter, including Paloma Partners Management Co, Hhlr Advisors LTD., Alberta Investment Management Corp, Parallax Volatility Advisers L.P., Renaissance Technologies LLC, Price T Rowe Associates Inc. MD, FMR LLC, and Susquehanna International Group LLP.

Which major investors are buying Pinduoduo stock?

PDD stock was purchased by a variety of institutional investors in the last quarter, including Vanguard Group Inc., BlackRock Inc., Sumitomo Mitsui Trust Holdings Inc., Nikko Asset Management Americas Inc., Krane Funds Advisors LLC, ARK Investment Management LLC, Simplex Trading LLC, and Baillie Gifford & Co..

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 $99.89.

How much money does Pinduoduo make?

Pinduoduo has a market capitalization of $123.73 billion and generates $9.12 billion in revenue each year. The company earns $-1,100,340,000.00 in net income (profit) each year or ($0.92) on an earnings per share basis.

How many employees does Pinduoduo have?

Pinduoduo employs 7,986 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 862152661300 or via email at [email protected]


This page was last updated on 9/16/2021 by MarketBeat.com Staff
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