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NVDA   264.10 (-0.46%)
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BABA   98.40 (+14.26%)
AMD   94.56 (-2.12%)
T   18.72 (-0.79%)
F   11.60 (+0.69%)
MU   59.28 (-0.85%)
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GE   93.14 (-0.18%)
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NASDAQ:PDD

PDD - PDD Stock Forecast, Price & News

$72.84
+1.16 (+1.62%)
(As of 03/28/2023 12:00 AM ET)
Add
Compare
Today's Range
$70.13
$73.56
50-Day Range
$71.68
$104.68
52-Week Range
$31.01
$106.38
Volume
15.68 million shs
Average Volume
9.56 million shs
Market Capitalization
N/A
P/E Ratio
22.76
Dividend Yield
N/A
Price Target
$102.80

PDD MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
41.1% Upside
$102.80 Price Target
Short Interest
Bearish
Dividend Strength
N/A
Sustainability
-1.41
Upright™ Environmental Score
News Sentiment
0.09mentions of PDD in the last 14 days
Based on 6 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
36.64%
From $3.33 to $4.55 Per Share

Overall MarketRank

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

2.62 out of 5 stars


PDD stock logo

About PDD (NASDAQ:PDD) Stock

PDD Holdings, Inc. is a commerce group that owns and operates a portfolio of businesses, including Pinduoduo, a social commerce platform in China with agriculture as one of its pillars, and Temu, an e-commerce marketplace in North America. The company aims to bring more businesses and people into the digital economy so that local communities and small businesses can benefit from increased productivity and new opportunities. It has built a network of sourcing, logistics, and fulfillment capabilities, that support its underlying businesses. 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

Are China Internet Stocks Set Up To Rally In The Second Quarter? (PDD)
What’s next for Chinese consumer-facing techs, amid growing geopolitical tensions and a somewhat disappointing gross domestic product forecast?
PDD Holdings Deserves a Spot on Your Watchlist as China Reopens
PDD Holdings may have overtaken some of its bigger international competitors positioning itself for a strong comeback in its unstoppable profitability path.
My No. 1 dividend stock for a LIFETIME of income.
Few people realize this… But dividends account for up to 90% of the stock market's returns over the past century!  I think it's a crying shame folks don't know how powerful dividends are.
PDD Holdings Deserves a Spot on Your Watchlist as China Reopens (PDD)
PDD Holdings may have overtaken some of its bigger international competitors positioning itself for a strong comeback in its unstoppable profitability path.
UBS Group Lowers PDD (NASDAQ:PDD) Price Target to $100.00
PDD (NASDAQ:PDD) PT Lowered to $95.00
PDD (NASDAQ:PDD) Given New $115.00 Price Target at Citigroup
Fed's Shocking New Plan to Control Your Money
The Federal Reserve has a disturbing plan that is getting ready to roll out as soon as May. This is a lot more than printing trillions of dollars or manipulating interest rates. It's about every checking account, every purchase and every money transfer in America — including yours and mine. 
PDD (NASDAQ:PDD) Price Target Cut to $106.00
HSBC Lowers PDD (NASDAQ:PDD) Price Target to $115.00
PDD (NASDAQ:PDD) Announces Earnings Results
PDD (PDD) Scheduled to Post Earnings on Monday
PDD: Multiple Major Risks Ahead
Why Pinduoduo Stock Was Falling Today
3 Top E-Commerce Stocks to Buy in January
Better Chinese E-Commerce Stock: Alibaba vs. Pinduoduo
See More Headlines
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PDD Company Calendar

Last Earnings
3/20/2023
Today
3/28/2023
Next Earnings (Estimated)
5/26/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Business services, not elsewhere classified
Sub-Industry
N/A
Current Symbol
NASDAQ:PDD
Fax
N/A
Employees
9,762
Year Founded
2015

Price Target and Rating

Average Stock Price Forecast
$102.80
High Stock Price Forecast
$123.00
Low Stock Price Forecast
$55.00
Forecasted Upside/Downside
+41.1%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
13 Analysts

Profitability

Net Income
$4.57 billion
Pretax Margin
27.90%

Debt

Sales & Book Value

Annual Sales
$18.93 billion
Cash Flow
$5.59 per share
Book Value
$13.78 per share

Miscellaneous

Free Float
N/A
Optionable
Optionable
Beta
0.77

Social Links


Key Executives

  • Lei Chen
    Chairman & Chief Executive Officer
  • Jun Yun Xiao
    Senior Vice President-Operation
  • Jun Liu
    Vice President-Finance
  • Jian Chong Zhu
    General Counsel & Senior Vice President
  • Zhen Wei Zheng
    Senior Vice President-Product Development













PDD Stock - Frequently Asked Questions

Should I buy or sell PDD stock right now?

13 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for PDD in the last twelve months. There are currently 13 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 PDD's stock price forecast for 2023?

13 brokers have issued twelve-month price objectives for PDD's shares. Their PDD share price forecasts range from $55.00 to $123.00. On average, they predict the company's share price to reach $102.80 in the next year. This suggests a possible upside of 41.2% 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 2023?

PDD's stock was trading at $81.55 at the start of the year. Since then, PDD stock has decreased by 10.7% and is now trading at $72.79.
View the best growth stocks for 2023 here
.

When is PDD's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, May 26th 2023.
View our PDD earnings forecast
.

How were PDD's earnings last quarter?

PDD Holdings Inc. (NASDAQ:PDD) posted its quarterly earnings data on Monday, March, 20th. The company reported $8.34 earnings per share for the quarter, beating analysts' consensus estimates of $1.00 by $7.34. The firm earned $39.82 billion during the quarter, compared to analyst estimates of $40.74 billion. PDD had a trailing twelve-month return on equity of 32.10% and a net margin of 23.93%. The firm's quarterly revenue was up 46.2% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.92 earnings per share.

What other stocks do shareholders of PDD own?

Based on aggregate information from My MarketBeat watchlists, some companies that other PDD 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 PDD 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 PDD's stock symbol?

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

Who are PDD's major shareholders?

PDD's stock is owned by a variety of institutional and retail investors. Top institutional investors include Baillie Gifford & Co. (2.31%), Norges Bank (0.00%), Greenwoods Asset Management Hong Kong Ltd. (0.00%), Trivest Advisors Ltd (0.00%), Susquehanna International Group LLP (0.00%) and Legal & General Group Plc (0.00%).

How do I buy shares of PDD?

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 PDD's stock price today?

One share of PDD stock can currently be purchased for approximately $72.79.

How many employees does PDD have?

The company employs 9,762 workers across the globe.

How can I contact PDD?

PDD'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 3/28/2023 by MarketBeat.com Staff