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Pinduoduo Stock Forecast, Price & News

+1.20 (+0.83 %)
(As of 12/4/2020 12:00 AM ET)
Today's Range
Now: $146.36
50-Day Range
MA: $115.43
52-Week Range
Now: $146.36
Volume5.49 million shs
Average Volume8.54 million shs
Market Capitalization$163.03 billion
P/E RatioN/A
Dividend YieldN/A
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

Beat the Market (BTM) Rank

Analyst Opinion: 2.3Community Rank: 2.2Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.03 out of 5 stars

Industry, Sector and Symbol

Industry Business services, not elsewhere classified
Current SymbolNASDAQ:PDD



Sales & Book Value

Annual Sales$4.33 billion
Book Value$3.18 per share


Net Income$-1,000,830,000.00


Outstanding Shares1,113,920,000
Market Cap$163.03 billion
Next Earnings Date3/10/2021 (Estimated)
+1.20 (+0.83 %)
(As of 12/4/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Pinduoduo (NASDAQ:PDD) Frequently Asked Questions

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 317.5% and is now trading at $146.36.
View which stocks have been most impacted by COVID-19

Do Wall Street analysts recommend investors buy shares of Pinduoduo?

19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Pinduoduo in the last year. There are currently 6 hold ratings and 13 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Pinduoduo
or view MarketBeat's top 5 stock picks.

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 winning trading ideas this year 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) announced its earnings results on Thursday, November, 12th. The company reported $0.33 EPS for the quarter, beating the consensus estimate of ($0.24) by $0.57. The business had revenue of $14.21 billion for the quarter, compared to the consensus estimate of $12.31 billion. Pinduoduo had a negative net margin of 24.51% and a negative return on equity of 35.73%. The business's revenue for the quarter was up 89.1% on a year-over-year basis. During the same period in the prior year, the company earned ($1.44) earnings per share.
View Pinduoduo's earnings history

What price target have analysts set for PDD?

19 brokerages have issued 1 year price targets for Pinduoduo's stock. Their forecasts range from $38.00 to $197.00. On average, they expect Pinduoduo's share price to reach $109.22 in the next year. This suggests that the stock has a possible downside of 25.4%.
View analysts' price targets for Pinduoduo

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).

Who are Pinduoduo's key executives?

Pinduoduo's management team includes the following people:
  • Mr. Zheng Huang, Founder & Chairman (Age 40)
  • Mr. Lei Chen, CEO & Director (Age 40)
  • Mr. Jing Ma, VP of Fin.
  • Mr. Junyun Xiao, Sr. VP of Operation (Age 40)
  • 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 36)
  • David Liu, VP of Strategy

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 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 Fisher Asset Management LLC (0.36%), Anatole Investment Management Ltd (0.26%), Morgan Stanley (0.22%), UBS Asset Management Americas Inc. (0.16%), Veritas Asset Management LLP (0.15%) and Assenagon Asset Management S.A. (0.13%).

Which institutional investors are selling Pinduoduo stock?

PDD stock was sold by a variety of institutional investors in the last quarter, including Natixis, Nikko Asset Management Americas Inc., ARK Investment Management LLC, The Manufacturers Life Insurance Company, Candriam Luxembourg S.C.A., Allianz Asset Management GmbH, TB Alternative Assets Ltd., and Fisher Asset Management LLC.

Which institutional investors are buying Pinduoduo stock?

PDD stock was acquired by a variety of institutional investors in the last quarter, including Morgan Stanley, Veritas Asset Management LLP, Assenagon Asset Management S.A., UBS Asset Management Americas Inc., Anatole Investment Management Ltd, ProShare Advisors LLC, Arrowstreet Capital Limited Partnership, and Teacher Retirement System of Texas.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Pinduoduo's stock price today?

One share of PDD stock can currently be purchased for approximately $146.36.

How big of a company is Pinduoduo?

Pinduoduo has a market capitalization of $163.03 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. Pinduoduo employs 5,828 workers across the globe.

What is Pinduoduo's official website?

The official website for Pinduoduo is www.pinduoduo.com.

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 12/5/2020 by MarketBeat.com Staff

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