PDD (PDD) Stock Forecast & Price Target

Q: What analysts cover PDD?

PDD has been rated by research analysts at Arete Research , Bank of America , Benchmark , Deutsche Bank Aktiengesellschaft , JPMorgan Chase & Co. , Weiss Ratings , and Zacks Research in the past 90 days.

$78.50 +0.10 (+0.13%)

Closing price 04:00 PM Eastern

Extended Trading

$78.44 -0.06 (-0.07%)

As of 07:59 PM Eastern

Compare

PDD - Analysts' Recommendations and Stock Price Forecast (2026)

Consensus Rating

Hold

Based on 16 Analyst Ratings

Sell
1

Hold
10

Buy
5

Based on 16 Wall Street analysts who have issued ratings for PDD in the last 12 months, the stock has a consensus rating of "Hold." Out of the 16 analysts, 1 has given a sell rating, 10 have given a hold rating, and 5 have given a buy rating for PDD.

Consensus Price Target

$113.31
44.34% Upside

According to the 16 analysts' twelve-month price targets for PDD, the average price target is $113.31. The highest price target for PDD is $170.00, while the lowest price target for PDD is $80.00. The average price target represents a forecasted upside of 44.34% from the current price of $78.50.

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Get the Latest News and Ratings for PDD and Related Stocks

Enter your email address to receive the latest news and analysts' ratings for PDD and its competitors.

SMS is currently available in Australia, Belgium, Canada, France, Germany, Ireland, Italy, New Zealand, the Netherlands, Singapore, South Africa, Spain, Switzerland, the United Kingdom, and the United States. By entering your phone number and clicking the sign-up button, you agree to receive periodic text messages from MarketBeat at the phone number you submitted, including texts that may be sent using an automatic telephone dialing system. Message and data rates may apply. Message frequency will vary. Messages will consist of stock alerts, news stories, and partner advertisements/offers. Consent is not a condition of the purchase of any goods or services. Text HELP for help/customer support. Unsubscribe at any time by replying "STOP" to any text message that you receive from MarketBeat or by visiting our mailing preferences page. Read our full terms of service and privacy policy.

PDD Analyst Ratings Over Time

Type	Current Forecast 10/7/25 to 10/7/26	1 Month Ago 9/7/25 to 9/7/26	3 Months Ago 7/9/25 to 7/9/26	1 Year Ago 10/7/24 to 10/7/25
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	1 Strong Buy rating(s)
Buy	5 Buy rating(s)	5 Buy rating(s)	7 Buy rating(s)	5 Buy rating(s)
Hold	10 Hold rating(s)	9 Hold rating(s)	8 Hold rating(s)	8 Hold rating(s)
Sell	1 Sell rating(s)	1 Sell rating(s)	1 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$113.31	$114.83	$124.64	$137.82
Forecasted Upside	44.34% Upside	39.68% Upside	45.14% Upside	3.25% Upside
Consensus Rating	Hold	Hold	Hold	Moderate Buy

PDD Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

PDD Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

PDD Stock vs. The Competition

Type	PDD	Consumer Discretionary Companies	Broader Market
Consensus Rating Score	2.25	2.19	2.52
Consensus Rating	Hold	Hold	Moderate Buy
Predicted Upside	44.34% Upside	247.40% Upside	20.69% Upside
News Sentiment Rating	Neutral News See Recent PDD News	Neutral News	Neutral News

Recent Analyst Forecasts and Stock Ratings

Show

Rating

Upside/Downside

Action

Report Date

0 Results

Export

Date	Brokerage	Analyst	Action	Rating	Price Target	Report Date Upside/Downside
9/25/2026	Weiss Ratings 3 of 5 stars		Downgrade	Hold (C) ➝ Hold (C-)
9/10/2026	JPMorgan Chase & Co. 3 of 5 stars	Ellie Jiang Not Rated	Lower Target	Neutral	$110.00 ➝ $95.00	+21.98%
9/7/2026	Arete Research 5 of 5 stars		Set Target	Buy ➝ Neutral	$93.00	+13.12%
8/26/2026	Bank of America Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Reiterated Rating	Neutral
8/25/2026	Zacks Research Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Upgrade	Strong Sell ➝ Hold
8/25/2026	Benchmark Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Fawne Jiang Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Buy	$127.00 ➝ $114.00	+30.36%
8/24/2026	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Reiterated Rating	Hold	$105.00	+21.25%
6/23/2026	Daiwa Securities Group Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Reiterated Rating	Buy ➝ Hold	$80.00	+5.35%
6/15/2026	BNP Paribas Exane Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Colin Liu Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Initiated Coverage	Underperform	$89.00	+6.52%
5/28/2026	The Goldman Sachs Group Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Reiterated Rating	Buy
Get the Latest News and Ratings for PDD and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for PDD and its competitors with MarketBeat's FREE daily newsletter.
5/28/2026	Nomura Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Downgrade	Strong-Buy ➝ Hold
5/28/2026	Barclays Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Jiong Shao Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Downgrade	Overweight ➝ Equal Weight	$165.00 ➝ $89.00	+2.76%
5/27/2026	Sanford C. Bernstein Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Robin Zhu Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Market Perform	$132.00 ➝ $110.00	+27.01%
5/27/2026	Citigroup Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Alicia Yap Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Buy	$142.00 ➝ $123.00	+44.13%
5/27/2026	Morgan Stanley Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Set Target		$129.00	+51.16%
5/27/2026	Jefferies Financial Group Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Reiterated Rating	Buy
1/6/2026	Loop Capital Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Roman Lukianchikov Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Set Target		$170.00	+38.23%
8/26/2025	New Street Research Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Jin Yoon Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Downgrade	Buy ➝ Neutral	$120.00	-6.40%
8/25/2025	Macquarie Infrastructure Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Ellie Jiang Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Set Target	Outperform	$165.00	+30.16%
5/28/2025	China Renaissance Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Charlie Chan Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Reiterated Rating	Buy ➝ Hold	$107.00	+3.90%
11/22/2024	Dbs Bank Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	S. Mittal Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Downgrade	Strong-Buy ➝ Hold

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 11:06 PM ET.

Should I Buy PDD Stock? PDD Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Monday, October 5, 2026. Please send any questions or comments about these PDD pros and cons to contact@marketbeat.com.

PDD
Bull Case

Here are some ways that investors could benefit from investing in PDD Holdings Inc.:

PDD Holdings Inc. currently trades at $77.90, which is near its 52-week low of $71.94, offering a potential entry point for value-oriented investors who believe the market has overreacted to recent negative news.
The company maintains a fortress balance sheet with approximately $67 billion in cash and zero long-term debt, providing significant financial stability and the ability to fund major strategic investments without taking on risky liabilities.
PDD Holdings Inc. is executing a massive investment cycle, committing RMB 100 billion to merchant support and another RMB 100 billion over three years to strengthen its ecosystem and first-party brand business, which could drive long-term growth and market share expansion.
With a price-to-earnings ratio of 8.58, the stock is trading at a significant discount compared to many other technology and retail peers, suggesting that the current valuation may already reflect substantial risk and offer substantial upside potential if growth resumes.
Recent institutional interest has been positive, with new positions opened by major investors such as Nykredit A S and Public Employees Retirement System of Ohio, indicating that large funds are seeing value in the stock despite broader market concerns.

PDD
Bear Case

Investors should be bearish about investing in PDD Holdings Inc. for these reasons:

The consensus recommendation from sixteen brokerages is "Hold," with ten analysts issuing hold ratings and only five giving buy ratings, reflecting a lack of strong bullish conviction among Wall Street professionals.
Recent earnings have shown signs of stress, with the company reporting a revenue miss in the most recent quarter (actual revenue of $16.54 billion vs. consensus of $16.94 billion) and a significant drop in earnings per share compared to the prior year, raising concerns about growth sustainability.
There are growing concerns about the weakening of PDD Holdings Inc.'s Temu business, with reports indicating that the company's cross-border arbitrage model may be facing headwinds, as suggested by recent readthroughs from competitor Shein's performance.
Short interest in the stock has been fluctuating and remains a notable factor, with days-to-cover ratios hovering around 4 to 5 days in recent months, indicating that a significant portion of the float is being sold short, which can put downward pressure on the stock price.
Several major institutional investors, including National Pension Service and Wellington Management Group LLP, have reduced their positions in PDD Holdings Inc. during the second quarter, suggesting that some large holders are taking profits or de-risking their portfolios.

PDD Forecast - Frequently Asked Questions

According to the research reports of 16 Wall Street equities research analysts, the average twelve-month stock price forecast for PDD is $113.31, with a high forecast of $170.00 and a low forecast of $80.00.

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PDD in the last year. There is currently 1 sell rating, 10 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" PDD shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PDD, but not buy additional shares or sell existing shares.

According to analysts, PDD's stock has a predicted upside of 44.34% based on their 12-month stock forecasts.

Over the previous 90 days, PDD's stock had 3 downgrades and 1 upgrade by analysts.

PDD has been rated by research analysts at Arete Research, Bank of America, Benchmark, Deutsche Bank Aktiengesellschaft, JPMorgan Chase & Co., Weiss Ratings, and Zacks Research in the past 90 days.

Analysts like PDD more than other "consumer discretionary" companies. The consensus rating score for PDD is 2.25 while the average consensus rating score for "consumer discretionary" companies is 2.19. Learn more on how PDD compares to other companies.

Stock Forecasts and Research Tools

Related Companies

Today's Analyst Ratings

Top-Rated Stocks

More Ratings Tools

Brokerages With PDD Recommendations

MarketBeat monitors more than a dozen sources for PDD analyst ratings, with the most recent rating issued on 9/25/2026.

From Our Partners

Unlock superior investment research and tools.

Get MarketBeat All Access

In-depth profiles and analysis for 20,000 public companies.
Real-time analyst ratings, insider transactions, earnings data, and more.
Our daily ratings and market update email newsletter.

Sign In
Create Account

Your Email Address:

Your Password:

Forgot your password?

Your Email Address:

Choose a Password:

By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

PDD (PDD) Stock Forecast & Price Target