S&P 500   4,283.74
DOW   33,999.04
QQQ   329.28
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Is the US Military Secretly Under Chinese Control? (Ad)
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Investors See Opportunity in Huge Global Demand for Lithium (Ad)
Trump Organization CFO pleads guilty in tax evasion case
Gas-powered muscle cars drive into the sunset, turn electric
S&P 500   4,283.74
DOW   33,999.04
QQQ   329.28
Why Micron Stock Could Be About To Breakout 
Is the US Military Secretly Under Chinese Control? (Ad)
US to hold trade talks with Taiwan, island drills military
BJ’s Wholesale Club Pops, Will Costco Be Next?
Investors See Opportunity in Huge Global Demand for Lithium (Ad)
Why Blue-Chip Tech Like Cisco Systems Is Rebounding
Starbucks Stock, Is Brand Loyalty Enough Reason to Buy
Investors See Opportunity in Huge Global Demand for Lithium (Ad)
Trump Organization CFO pleads guilty in tax evasion case
Gas-powered muscle cars drive into the sunset, turn electric
S&P 500   4,283.74
DOW   33,999.04
QQQ   329.28
Why Micron Stock Could Be About To Breakout 
Is the US Military Secretly Under Chinese Control? (Ad)
US to hold trade talks with Taiwan, island drills military
BJ’s Wholesale Club Pops, Will Costco Be Next?
Investors See Opportunity in Huge Global Demand for Lithium (Ad)
Why Blue-Chip Tech Like Cisco Systems Is Rebounding
Starbucks Stock, Is Brand Loyalty Enough Reason to Buy
Investors See Opportunity in Huge Global Demand for Lithium (Ad)
Trump Organization CFO pleads guilty in tax evasion case
Gas-powered muscle cars drive into the sunset, turn electric
S&P 500   4,283.74
DOW   33,999.04
QQQ   329.28
Why Micron Stock Could Be About To Breakout 
Is the US Military Secretly Under Chinese Control? (Ad)
US to hold trade talks with Taiwan, island drills military
BJ’s Wholesale Club Pops, Will Costco Be Next?
Investors See Opportunity in Huge Global Demand for Lithium (Ad)
Why Blue-Chip Tech Like Cisco Systems Is Rebounding
Starbucks Stock, Is Brand Loyalty Enough Reason to Buy
Investors See Opportunity in Huge Global Demand for Lithium (Ad)
Trump Organization CFO pleads guilty in tax evasion case
Gas-powered muscle cars drive into the sunset, turn electric
NASDAQ:PDD

Pinduoduo - PDD Stock Forecast, Price & News

$46.83
-0.68 (-1.43%)
(As of 08/18/2022 12:00 AM ET)
Add
Compare
Today's Range
$46.13
$48.03
50-Day Range
$46.83
$66.62
52-Week Range
$23.21
$109.79
Volume
4.40 million shs
Average Volume
8.00 million shs
Market Capitalization
$58.01 billion
P/E Ratio
31.86
Dividend Yield
N/A
Price Target
$68.80

Pinduoduo MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.58 Rating Score
Upside/​Downside
46.9% Upside
$68.80 Price Target
Short Interest
Healthy
1.28% of Float Sold Short
Dividend Strength
N/A
Sustainability
-1.41
Upright™ Environmental Score
News Sentiment
0.07mentions of Pinduoduo in the last 14 days
Based on 10 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
50.36%
From $1.37 to $2.06 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

Retail/Wholesale Sector

63rd out of 218 stocks

Business Services, Not Elsewhere Classified Industry

25th out of 107 stocks

PDD stock logo

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.

Analysts Set New Price Targets

Several research firms have weighed in on PDD. 86 Research raised shares of Pinduoduo from a "hold" rating to a "buy" rating in a research report on Friday, April 29th. JPMorgan Chase & Co. raised shares of Pinduoduo from an "underweight" rating to an "overweight" rating and increased their target price for the stock from $27.00 to $55.00 in a research note on Monday, May 16th. Citigroup increased their price target on shares of Pinduoduo from $61.00 to $62.00 and gave the stock a "buy" rating in a research report on Tuesday, May 31st. Barclays raised their price objective on shares of Pinduoduo from $41.00 to $45.00 and gave the stock an "equal weight" rating in a report on Wednesday, June 1st. Finally, Morgan Stanley lowered shares of Pinduoduo from an "overweight" rating to an "equal weight" rating and set a $70.00 target price on the stock. in a research report on Monday, July 11th. Five analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat.com, Pinduoduo presently has an average rating of "Moderate Buy" and an average price target of $68.80.

Pinduoduo Price Performance

Shares of PDD opened at $46.83 on Friday. The company has a market cap of $58.01 billion, a P/E ratio of 31.86 and a beta of 0.78. The stock has a fifty day moving average price of $55.99 and a 200 day moving average price of $49.08. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.89 and a quick ratio of 1.89. Pinduoduo has a 12 month low of $23.21 and a 12 month high of $109.79.

Pinduoduo (NASDAQ:PDD - Get Rating) last released its quarterly earnings results on Friday, May 27th. The company reported $0.30 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.27 by $0.03. Pinduoduo had a return on equity of 22.63% and a net margin of 13.91%. The company had revenue of $3.75 billion during the quarter, compared to analysts' expectations of $3.32 billion. During the same quarter in the prior year, the business posted ($0.36) earnings per share. On average, research analysts forecast that Pinduoduo will post 1.37 earnings per share for the current year.

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PDD Stock News Headlines

Is the US Military Secretly Under Chinese Control?
Alarmingly, the answer may be "yes". Communist China now controls 80% of the lithium that powers most US military vehicles and equipment. The threat level is so high that the White House recently declared a state of emergency on lithium...
Is the US Military Secretly Under Chinese Control?
Alarmingly, the answer may be "yes". Communist China now controls 80% of the lithium that powers most US military vehicles and equipment. The threat level is so high that the White House recently declared a state of emergency on lithium...
Nasdaq 100 Movers: AZN, PDD - Nasdaq
What Are Whales Doing With Pinduoduo - Benzinga
Nasdaq 100 Movers: PDD, DDOG - Nasdaq
Pinduoduo Whale Trades For July 12 - Benzinga
See More Headlines
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PDD Company Calendar

Last Earnings
5/27/2022
Today
8/19/2022
Next Earnings (Estimated)
8/23/2022
Fiscal Year End
12/31/2022

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
$68.80
High Stock Price Forecast
$148.00
Low Stock Price Forecast
$45.00
Forecasted Upside/Downside
+46.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.58
Research Coverage
12 Analysts

Profitability

Net Income
$1.22 billion
Pretax Margin
16.43%

Debt

Sales & Book Value

Annual Sales
$14.74 billion
Cash Flow
$1.96 per share
Book Value
$9.52 per share

Miscellaneous

Outstanding Shares
1,238,700,000
Free Float
N/A
Market Cap
$58.01 billion
Optionable
Optionable
Beta
0.78

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













PDD Stock - Frequently Asked Questions

Should I buy or sell Pinduoduo stock right now?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Pinduoduo in the last year. There are currently 5 hold ratings and 7 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 2022?

12 equities research analysts have issued 1-year price targets for Pinduoduo's shares. Their PDD share price forecasts range from $45.00 to $148.00. On average, they expect the company's stock price to reach $68.80 in the next year. This suggests a possible upside of 46.9% 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 on January 1st, 2022. Since then, PDD stock has decreased by 19.7% and is now trading at $46.83.
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 Tuesday, August 23rd 2022.
View our PDD earnings forecast
.

How were Pinduoduo's earnings last quarter?

Pinduoduo Inc. (NASDAQ:PDD) posted its quarterly earnings data on Friday, May, 27th. The company reported $0.30 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.27 by $0.03. The business had revenue of $3.75 billion for the quarter, compared to the consensus estimate of $3.32 billion. Pinduoduo had a trailing twelve-month return on equity of 22.63% and a net margin of 13.91%. During the same quarter in the prior year, the company posted ($0.36) EPS.

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 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 retail and institutional investors. Top institutional shareholders include Baillie Gifford & Co. (2.27%), FMR LLC (1.76%), GQG Partners LLC (0.50%), UBS Asset Management Americas Inc. (0.44%), Bridgewater Associates LP (0.39%) and Price T Rowe Associates Inc. MD (0.32%).

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 $46.83.

How much money does Pinduoduo make?

Pinduoduo (NASDAQ:PDD) has a market capitalization of $58.01 billion and generates $14.74 billion in revenue each year. The company earns $1.22 billion in net income (profit) each year or $1.47 on an earnings per share basis.

How many employees does Pinduoduo have?

The company employs 9,762 workers across the globe.

When was Pinduoduo founded?

Pinduoduo was founded in 2015.

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 8/19/2022 by MarketBeat.com Staff

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