NASDAQ:PDD

Pinduoduo - PDD Stock Forecast, Price & News

$95.65

-3.96 (-3.98%)

(As of 02/3/2023 05:18 PM ET)

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Today's Range: $95.36
▼
$99.47
50-Day Range: $65.75
▼
$104.68
52-Week Range: $23.21
▼
$106.38

Volume: 5.58 million shs
Average Volume: 7.82 million shs
Market Capitalization: N/A

P/E Ratio: 32.10
Dividend Yield: N/A
Price Target: $87.50

Institutional Ownership

Pinduoduo MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.86 Rating Score
Upside/Downside: 8.7% Downside
$87.50 Price Target
Short Interest: Bearish
Dividend Strength: N/A
Sustainability: -1.41
Upright™ Environmental Score
News Sentiment: 0.36
Based on 5 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 6.07%
From $3.13 to $3.32 Per Share

Overall MarketRank^™

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

1.77 out of 5 stars

2.4

Analyst's Opinion

Consensus Rating
Pinduoduo has received a consensus rating of Buy. The company's average rating score is 2.86, and is based on 12 buy ratings, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $87.50, Pinduoduo has a forecasted downside of 8.7% from its current price of $95.89.
Amount of Analyst Coverage
Pinduoduo has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.0

Short Interest

Percentage of Shares Shorted
Short Interest Ratio / Days to Cover
Pinduoduo has a short interest ratio ("days to cover") of 2.4, 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 27.31%, 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.

2.4

News and Social Media Coverage

News Sentiment
Pinduoduo has a news sentiment score of 0.36. 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 5 news articles for Pinduoduo this week, compared to 6 articles on an average week.
Search Interest
47 people have searched for PDD on MarketBeat in the last 30 days. This is an increase of 27% compared to the previous 30 days.
MarketBeat Follows
26 people have added Pinduoduo to their MarketBeat watchlist in the last 30 days. This is an increase of 18% 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 24.24% of the stock of Pinduoduo is held by institutions.

1.9

Earnings and Valuation

Earnings Growth
Earnings for Pinduoduo are expected to grow by 6.07% in the coming year, from $3.13 to $3.32 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Pinduoduo is 32.18, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.02.
Price to Earnings Ratio vs. Sector
The P/E ratio of Pinduoduo is 32.18, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 40.90.
Price to Book Value per Share Ratio
Pinduoduo has a P/B Ratio of 10.07. 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. 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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PDD Stock News Headlines

January 4, 2023 | marketbeat.com

MarketBeat: Week in Review 12/05 – 12/09

The markets continue to have a lot to digest before there can be a Santa Claus rally. Here are some of the top stories our analysts were covering this week.

February 1, 2023 | americanbankingnews.com

Pinduoduo Inc. (NASDAQ:PDD) Receives $91.09 Average Price Target from Analysts

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January 31, 2023 | americanbankingnews.com

Head-To-Head Comparison: Pinduoduo (NASDAQ:PDD) & Iota Communications (OTCMKTS:IOTC)

January 28, 2023 | investorplace.com

Why PDD Stock Investors Can Feel Confident About Pinduoduo

January 28, 2023 | americanbankingnews.com

Comparing Phreesia (NYSE:PHR) and Pinduoduo (NASDAQ:PDD)

January 26, 2023 | finance.yahoo.com

It's Happy Lunar New Year For This Chinese Stock, But It Faces A Risk

January 2, 2023 | finance.yahoo.com

3 Top E-Commerce Stocks to Buy in January

February 3, 2023 | Tradewins (Ad)

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December 31, 2022 | finance.yahoo.com

Better Chinese E-Commerce Stock: Alibaba vs. Pinduoduo

December 28, 2022 | finance.yahoo.com

Should You Invest in Pinduoduo Inc. Sponsored ADR (PDD) Based on Bullish Wall Street Views?

December 24, 2022 | finance.yahoo.com

Even though Pinduoduo (NASDAQ:PDD) has lost US$3.8b market cap in last 7 days, shareholders are still up 114% over 3 years

December 20, 2022 | finance.yahoo.com

Pinduoduo Inc.'s (NASDAQ:PDD) Intrinsic Value Is Potentially 40% Above Its Share Price

December 12, 2022 | finance.yahoo.com

Pinduoduo Inc. (NASDAQ:PDD) Shares Could Be 22% Below Their Intrinsic Value Estimate

December 8, 2022 | finance.yahoo.com

4 of the Best Profitable Stocks to Buy Using Net Income Ratio

December 8, 2022 | finance.yahoo.com

Is Pinduoduo Inc. (NASDAQ:PDD) Trading At A 26% Discount?

December 6, 2022 | finance.yahoo.com

Here's Why Pinduoduo Inc. Sponsored ADR (PDD) is a Great Momentum Stock to Buy

December 4, 2022 | finance.yahoo.com

We Think Pinduoduo (NASDAQ:PDD) Might Have The DNA Of A Multi-Bagger

November 30, 2022 | finance.yahoo.com

Pinduoduo Third Quarter 2022 Earnings: Beats Expectations

November 29, 2022 | benzinga.com

Why Alibaba, JD, Pinduoduo Are Ripping Higher On Tuesday

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 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?

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30 days | 90 days | 365 days | Advanced Chart

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PDD Company Calendar

Last Earnings: 11/28/2022
Today: 2/03/2023
Next Earnings (Estimated): 3/20/2023
Fiscal Year End: 12/31/2023

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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: $87.50
High Stock Price Forecast: $123.00
Low Stock Price Forecast: $48.00
Forecasted Upside/Downside: -8.5%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.86
Research Coverage: 14 Analysts

Profitability

EPS (Most Recent Fiscal Year): $2.98
Trailing P/E Ratio: 32.10
Forward P/E Ratio: 30.56
P/E Growth: N/A
Net Income: $1.22 billion
Net Margins: 24.08%
Pretax Margin: 28.10%
Return on Equity: 34.80%
Return on Assets: 16.16%

Debt

Debt-to-Equity Ratio: 0.15
Current Ratio: 2.27
Quick Ratio: 2.27

Sales & Book Value

Annual Sales: $14.74 billion
Price / Sales: N/A
Cash Flow: $1.84 per share
Price / Cash Flow: 51.86
Book Value: $9.52 per share
Price / Book: 10.05

Miscellaneous

Outstanding Shares: N/A
Free Float: N/A
Market Cap: N/A
Optionable: Optionable
Beta: 0.75

Social Links

Key Executives

Lei Chen
Chairman & Chief Executive Officer

Jun Yun Xiao
Senior Vice President-Operation

Jun Liu
Vice President-Finance

Zhen Wei Zheng
Senior Vice President-Product Development

Liu David
Vice President-Strategy

Key Competitors

View All Competitors

Insiders & Institutions

View All Institutional Transactions

PDD Stock - Frequently Asked Questions

Should I buy or sell Pinduoduo stock right now?: 14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Pinduoduo in the last twelve months. There are currently 2 hold ratings and 12 buy ratings for the stock. The consensus among Wall Street 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?: 14 analysts have issued 1 year target prices for Pinduoduo's stock. Their PDD share price forecasts range from $48.00 to $123.00. On average, they anticipate the company's stock price to reach $87.50 in the next twelve months. This suggests that the stock has a possible downside of 11.7%.
View analysts price targets for PDD or view top-rated stocks among Wall Street analysts.
How have PDD shares performed in 2023?: Pinduoduo's stock was trading at $81.55 at the start of the year. Since then, PDD shares have increased by 21.5% and is now trading at $99.08.
View the best growth stocks for 2023 here.
Are investors shorting Pinduoduo?: Pinduoduo saw a increase in short interest during the month of January. As of January 15th, there was short interest totaling 30,210,000 shares, an increase of 27.3% from the December 31st total of 23,730,000 shares. Based on an average daily volume of 12,370,000 shares, the short-interest ratio is currently 2.4 days.
View Pinduoduo's Short Interest.
When is Pinduoduo's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, March 20th 2023.
View our PDD earnings forecast.
How were Pinduoduo's earnings last quarter?: Pinduoduo Inc. (NASDAQ:PDD) announced its quarterly earnings results on Monday, November, 28th. The company reported $1.03 earnings per share for the quarter, beating the consensus estimate of $0.54 by $0.49. The business earned $4.99 billion during the quarter, compared to the consensus estimate of $4.45 billion. Pinduoduo had a net margin of 24.08% and a trailing twelve-month return on equity of 34.80%.

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 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 a number of retail and institutional investors. Top institutional shareholders include Baillie Gifford & Co. (2.31%), RWC Asset Advisors US LLC (0.00%), Genesis Investment Management LLP (0.17%), Sumitomo Mitsui Trust Holdings Inc. (0.00%), Simplex Trading LLC (0.00%) and FengHe Fund Management Pte. Ltd. (0.07%).
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 $99.08.
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 2/3/2023 by MarketBeat.com Staff

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Pinduoduo - PDD Stock Forecast, Price & News

Pinduoduo MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Pinduoduo (NASDAQ:PDD) Stock

PDD Stock News Headlines

PDD Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Insiders & Institutions

PDD Stock - Frequently Asked Questions

Overall MarketRank^™