S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
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Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Wall Street rises to more records to close out its latest winning month
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
3 Value Stocks Too Small For Buffett’s Portfolio
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Wall Street rises to more records to close out its latest winning month
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
3 Value Stocks Too Small For Buffett’s Portfolio
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Wall Street rises to more records to close out its latest winning month
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
3 Value Stocks Too Small For Buffett’s Portfolio
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?

PDD (PDD) Stock Price, News & Analysis

$116.25
-0.41 (-0.35%)
(As of 05:42 PM ET)
Today's Range
$114.80
$118.00
50-Day Range
$110.34
$144.50
52-Week Range
$59.67
$152.99
Volume
6.92 million shs
Average Volume
8.83 million shs
Market Capitalization
$153.40 billion
P/E Ratio
20.29
Dividend Yield
N/A
Price Target
$146.85

PDD MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.89 Rating Score
Upside/​Downside
26.3% Upside
$146.85 Price Target
Short Interest
Healthy
1.80% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-1.41
Upright™ Environmental Score
News Sentiment
0.73mentions of PDD in the last 14 days
Based on 24 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
26.11%
From $7.85 to $9.90 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.98 out of 5 stars

Retail/Wholesale Sector

3rd out of 203 stocks

Business Services, Not Elsewhere Classified Industry

2nd out of 90 stocks

PDD stock logo

About PDD Stock (NASDAQ:PDD)

PDD Holdings Inc., a multinational commerce group, owns and operates a portfolio of businesses. It operates Pinduoduo, an e-commerce platform that offers products in various categories, including agricultural produce, apparel, shoes, bags, mother and childcare products, food and beverage, electronic appliances, furniture and household goods, cosmetics and other personal care, sports and fitness items and auto accessories; and Temu, an online marketplace. It focuses on bringing businesses and people into the digital economy. The company was formerly known as Pinduoduo Inc. and changed its name to PDD Holdings Inc. in February 2023. PDD Holdings Inc. was incorporated in 2015 and is based in Dublin, Ireland.

PDD Stock Price History

PDD Stock News Headlines

PDD Holdings Stock Can Have Another Double-Digit Rally This Week
Watch for a dip buying opportunity in PDD Holdings Inc. NASDAQ: PDD as China's economy blows past expectations this quarter. Analysts may see their hands forced to boost their current price targets when they compare PDD and peers like Alibaba Group NYSE: BABA and JD.com Inc. NASDAQ: JD.
PDD Holdings Stock Can Have Another Double-Digit Rally This Week (PDD)
PDD stock is quickly becoming the market's favorite this time around, analysts are boosting their price targets and institutions bought right before earnings
Altcoin FRENZY Alert…
Bitcoin recently crossed the highest price in its 15-year history… Less than 2 years after one of the most vicious crypto market meltdowns we've ever seen! Bitcoin's BOOM also sent shockwaves through the altcoin market, with select coins seeing HUGE moves in a matter of days… Like Fetch.ai, that gained over 350% in just the last 30 days…
PDD Soared And Slumped: What Happened?
PDD (NASDAQ:PDD) PT Raised to $178.00
Did You Get Your Free Bitcoin Yet?
And my special guest is willing to give you $10 in Bitcoin (BTC) if you take it seriously. Right now is a very important time to pay attention to what we are doing and what is happening. If you wait... it will be too late. This week we are holding several workshops and if you attend and pay attention my special guest is going to send you $10 in Bitcoin.
PDD (NASDAQ:PDD) PT Raised to $185.00 at Citigroup
PDD (NASDAQ:PDD) versus Lyft (NASDAQ:LYFT) Head-To-Head Review
PDD (NASDAQ:PDD) Given New $220.00 Price Target at Benchmark
PDD (NASDAQ:PDD) Shares Gap Up to $127.68
PDD Sees Unusually High Options Volume (NASDAQ:PDD)
PDD (NASDAQ:PDD) Sees Strong Trading Volume on Analyst Upgrade
PDD Holdings Analysts Boost Their Forecasts After Upbeat Earnings
Q4 2023 PDD Holdings Inc Earnings Call
PDD Mar 2024 114.000 call
See More Headlines
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Company Calendar

Last Earnings
11/28/2023
Today
3/28/2024
Next Earnings (Estimated)
5/24/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Business services, not elsewhere classified
Sub-Industry
N/A
Current Symbol
NASDAQ:PDD
Fax
N/A
Employees
12,992
Year Founded
2015

Price Target and Rating

Average Stock Price Target
$146.85
High Stock Price Target
$220.00
Low Stock Price Target
$110.00
Potential Upside/Downside
+26.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.89
Research Coverage
9 Analysts

Profitability

Net Income
$8.45 billion
Pretax Margin
29.03%

Debt

Sales & Book Value

Annual Sales
$34.88 billion
Cash Flow
$9.72 per share
Book Value
$19.99 per share

Miscellaneous

Outstanding Shares
1,319,590,000
Free Float
1,270,762,000
Market Cap
$153.35 billion
Optionable
Optionable
Beta
0.67

Social Links

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Key Executives

  • Mr. Lei Chen (Age 44)
    General Counsel, Co-CEO & Chairman
  • Mr. Jiazhen Zhao (Age 40)
    Co-CEO & Executive Director
  • Ms. Jun Liu (Age 40)
    Vice President of Finance
  • Mr. Junyun Xiao (Age 44)
    Senior Vice President of Operation
  • Xin Yi Lim
    Investor Relations Officers
  • Mr. Nick Shu C.F.A.
    Director of Corporate Development & IR
  • Mr. Zhenwei Zheng (Age 40)
    Senior Vice President of Product Development
  • David Liu
    Vice President of Strategy
  • Peng Cheng
    IR Director

Should I Buy PDD Stock? PDD Pros and Cons Explained

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of PDD was last updated on Tuesday, March 26, 2024 at 12:15 AM.

Pros

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

  • PDD Holdings Inc. has shown consistent growth in its stock price, with a 52-week high of $152.99.
  • Positive analyst ratings with a consensus "Buy" rating and a price target of $128.04, indicating potential for further growth.
  • Strong institutional investor interest, with hedge funds and other institutions increasing their positions in PDD, signaling confidence in the company.
  • Low debt-to-equity ratio of 0.01, indicating a healthy financial structure and lower financial risk.
  • Market capitalization of $145.60 billion, reflecting the company's significant size and market presence.

Cons

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

  • PDD stock experienced a 5.8% decline, indicating potential volatility in the market.
  • Relatively high price-to-earnings ratio of 24.80, suggesting the stock may be overvalued compared to its earnings.
  • Beta of 0.67, indicating lower volatility compared to the market, which may limit potential returns for investors seeking higher risk-reward opportunities.
  • PE ratio of 27.99, which may be considered high by some investors, impacting the stock's attractiveness.
  • P/E/G ratio of 0.43, suggesting that the stock may be trading at a premium relative to its earnings growth potential.

PDD Stock Analysis - Frequently Asked Questions

Should I buy or sell PDD stock right now?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PDD in the last year. There are currently 1 hold rating and 8 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" PDD shares.
View PDD analyst ratings
or view top-rated stocks.

What is PDD's stock price target for 2024?

9 brokerages have issued 1 year target prices for PDD's shares. Their PDD share price targets range from $110.00 to $220.00. On average, they predict the company's share price to reach $146.85 in the next year. This suggests a possible upside of 26.3% 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 2024?

PDD's stock was trading at $146.31 at the start of the year. Since then, PDD stock has decreased by 20.5% and is now trading at $116.25.
View the best growth stocks for 2024 here
.

When is PDD's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, May 24th 2024.
View our PDD earnings forecast
.

How were PDD's earnings last quarter?

PDD Holdings Inc. (NASDAQ:PDD) released its quarterly earnings results on Tuesday, November, 28th. The company reported $11.61 earnings per share for the quarter, beating analysts' consensus estimates of $8.94 by $2.67. The firm earned $68.84 billion during the quarter, compared to analyst estimates of $55.18 billion. PDD had a trailing twelve-month return on equity of 39.10% and a net margin of 24.23%. The firm's quarterly revenue was up 93.9% on a year-over-year basis. During the same period in the prior year, the firm posted $1.03 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 (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.

Who are PDD's major shareholders?

PDD's stock is owned by many different institutional and retail investors. Top institutional shareholders include Baillie Gifford & Co. (2.88%), Vanguard Group Inc. (1.83%), Vanguard Group Inc. (1.83%), Hhlr Advisors LTD. (0.77%), Norges Bank (0.56%) and Goldman Sachs Group Inc. (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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:PDD) was last updated on 3/28/2024 by MarketBeat.com Staff

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