Top-Rated StocksTop-RatedNASDAQ:PDD PDD (PDD) Stock Price, News & Analysis → “The Stock Market’s Bull Run is Far from Over” -Barrons (From Vertical Research Advisory) (Ad) Free PDD Stock Alerts $116.25 -0.41 (-0.35%) (As of 03/28/2024 ET) Add Compare Share Share Today's Range$114.80▼$118.0050-Day Range$110.34▼$144.5052-Week Range$59.67▼$152.99Volume6.92 million shsAverage Volume11.86 million shsMarket Capitalization$153.40 billionP/E Ratio20.29Dividend YieldN/APrice Target$146.85 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Get PDD alerts: Email Address PDD MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.89 Rating ScoreUpside/Downside26.3% Upside$146.85 Price TargetShort InterestHealthy1.80% of Shares Sold ShortDividend StrengthN/ASustainability-1.41Upright™ Environmental ScoreNews Sentiment0.70Based on 22 Articles This WeekInsider TradingN/AProj. Earnings Growth26.11%From $7.85 to $9.90 Per ShareSee Full Details Hide Full Details 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.4.97 out of 5 starsRetail/Wholesale Sector3rd out of 204 stocksBusiness Services, Not Elsewhere Classified Industry2nd out of 89 stocks 4.4 Analyst's Opinion Consensus RatingPDD has received a consensus rating of Moderate Buy. The company's average rating score is 2.89, and is based on 8 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $146.85, PDD has a forecasted upside of 26.3% from its current price of $116.25.Amount of Analyst CoveragePDD has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.80% of the outstanding shares of PDD have been sold short.Short Interest Ratio / Days to CoverPDD has a short interest ratio ("days to cover") of 2.8, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in PDD has recently increased by 2.02%, indicating that investor sentiment is decreasing. Previous Next 0.0 Dividend Strength Dividend YieldPDD does not currently pay a dividend.Dividend GrowthPDD does not have a long track record of dividend growth. Previous Next 2.2 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScorePDD has received a 6.19% net impact score from Upright. Pinduoduo seems to create the most significant positive value in categories "Taxes", "Meaning & joy", and "Jobs". The positive contribution in the "Meaning & joy" impact category is mostly driven by its "E-commerce video software", "E-commerce search software", and "E-commerce platform software" products. See details.Environmental SustainabilityThe Environmental Impact score for PDD is -1.41. Previous Next 3.7 News and Social Media Coverage News SentimentPDD has a news sentiment score of 0.70. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.53 average news sentiment score of Retail/Wholesale companies.News Coverage This WeekMarketBeat has tracked 22 news articles for PDD this week, compared to 13 articles on an average week.Search Interest142 people have searched for PDD on MarketBeat in the last 30 days. This is an increase of 60% compared to the previous 30 days.MarketBeat Follows41 people have added PDD to their MarketBeat watchlist in the last 30 days. This is an increase of 28% compared to the previous 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, PDD insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 3.70% of the stock of PDD is held by insiders.Percentage Held by InstitutionsOnly 29.07% of the stock of PDD is held by institutions. Previous Next 4.4 Earnings and Valuation Earnings GrowthEarnings for PDD are expected to grow by 26.11% in the coming year, from $7.85 to $9.90 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of PDD is 20.29, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 138.90.Price to Earnings Ratio vs. SectorThe P/E ratio of PDD is 20.29, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 24.80.Price to Earnings Growth RatioPDD has a PEG Ratio of 0.30. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioPDD has a P/B Ratio of 5.82. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Behind the MarketsCentral Banks Preparing for US Dollar Collapse?China is spearheading this blatant de-dollarization push, dominating the physical gold market through massive central bank buying. Their ultimate goal? Ditching the greenback in favor of local BRICS currencies.Find out how you can protect yourself now >>> 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.Read More PDD Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart PDD Stock News HeadlinesMarch 20, 2024 | marketbeat.comPDD Holdings Stock Can Have Another Double-Digit Rally This WeekWatch 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.March 20, 2024 | marketbeat.comPDD 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 earningsMarch 29, 2024 | Behind the Markets (Ad)Central Banks Preparing for US Dollar Collapse?China is spearheading this blatant de-dollarization push, dominating the physical gold market through massive central bank buying. Their ultimate goal? Ditching the greenback in favor of local BRICS currencies.March 29, 2024 | americanbankingnews.comPDD Holdings Inc. (NASDAQ:PDD) Receives Average Rating of "Moderate Buy" from AnalystsMarch 27, 2024 | msn.comPDD Soared And Slumped: What Happened?March 26, 2024 | investorplace.comDouble Down: 7 Beaten-Down Growth Stocks to Buy Hand Over FistMarch 26, 2024 | finance.yahoo.comInvestors Should Be Encouraged By PDD Holdings' (NASDAQ:PDD) Returns On CapitalMarch 25, 2024 | investorplace.com7 Stocks That Could Be the Next Amazon or Google: March 2024 EditionMarch 29, 2024 | Behind the Markets (Ad)Central Banks Preparing for US Dollar Collapse?China is spearheading this blatant de-dollarization push, dominating the physical gold market through massive central bank buying. Their ultimate goal? Ditching the greenback in favor of local BRICS currencies.March 23, 2024 | americanbankingnews.comPDD (NASDAQ:PDD) PT Raised to $178.00March 23, 2024 | americanbankingnews.comPDD (NASDAQ:PDD) PT Raised to $185.00 at CitigroupMarch 23, 2024 | americanbankingnews.comJPMorgan Chase & Co. Lowers PDD (NASDAQ:PDD) Price Target to $190.00March 23, 2024 | americanbankingnews.comPDD (NASDAQ:PDD) versus Lyft (NASDAQ:LYFT) Head-To-Head ReviewMarch 22, 2024 | msn.comTemu parent PDD’s stock climbs as improving consumer sentiment fuels profit beatMarch 22, 2024 | seekingalpha.comPDD Holdings' Post Earnings Plunge: A Buy Opportunity (Rating Upgrade)March 22, 2024 | americanbankingnews.comPDD (NASDAQ:PDD) Given New $220.00 Price Target at BenchmarkMarch 22, 2024 | americanbankingnews.comPDD (NASDAQ:PDD) Shares Gap Up to $127.68March 22, 2024 | americanbankingnews.comPDD (NASDAQ:PDD) PT Raised to $161.00 at Jefferies Financial GroupMarch 22, 2024 | americanbankingnews.comPDD Sees Unusually High Options Volume (NASDAQ:PDD)March 22, 2024 | americanbankingnews.comPDD (NASDAQ:PDD) Sees Strong Trading Volume on Analyst UpgradeMarch 21, 2024 | finance.yahoo.comPDD Holdings Inc.: PDD Holdings Earnings: Strong Revenue and Earnings Beat; Fair Value Estimate MaintainedMarch 21, 2024 | markets.businessinsider.comBuy Rating Affirmed for PDD Holdings Amid Strong Q4 Performance and Growth ProspectsMarch 21, 2024 | markets.businessinsider.comPDD Holdings Analysts Boost Their Forecasts After Upbeat EarningsMarch 21, 2024 | forbes.comChina’s Second Richest, PDD Founder Huang, Has Growth Worries ComingMarch 21, 2024 | finance.yahoo.comQ4 2023 PDD Holdings Inc Earnings CallMarch 20, 2024 | finance.yahoo.comPDD Mar 2024 114.000 callMarch 20, 2024 | finance.yahoo.comTemu-Owner PDD Holdings Easily Beats Q4 Estimates As Revenue DoublesSee More Headlines Receive PDD Stock News and Ratings via Email Sign-up to receive the latest news and ratings for PDD and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings11/28/2023Today3/29/2024Next Earnings (Estimated)5/24/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorRetail/Wholesale Industry Business services, not elsewhere classified Sub-IndustryN/A Current SymbolNASDAQ:PDD CUSIPN/A CIK1737806 Webwww.pinduoduo.com Phone(531) 539-7938FaxN/AEmployees12,992Year Founded2015Price Target and Rating Average Stock Price Target$146.85 High Stock Price Target$220.00 Low Stock Price Target$110.00 Potential Upside/Downside+26.3%Consensus RatingModerate Buy Rating Score (0-4)2.89 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)$5.73 Trailing P/E Ratio20.29 Forward P/E Ratio14.81 P/E Growth0.31Net Income$8.45 billion Net Margins24.23% Pretax Margin29.03% Return on Equity39.10% Return on Assets20.64% Debt Debt-to-Equity Ratio0.03 Current Ratio1.93 Quick Ratio1.83 Sales & Book Value Annual Sales$34.88 billion Price / Sales4.40 Cash Flow$9.73 per share Price / Cash Flow11.95 Book Value$19.99 per share Price / Book5.82Miscellaneous Outstanding Shares1,319,590,000Free Float1,270,762,000Market Cap$153.40 billion OptionableOptionable Beta0.67 Social Links 7 Stocks That Could Be Bigger Than Tesla, Nvidia, and GoogleGrowth stocks offer a lot of bang for your buck, and we've got the next upcoming superstars to strongly consider for your portfolio.Get This Free Report Key ExecutivesMr. 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 LimInvestor Relations OfficersMr. Nick Shu C.F.A.Director of Corporate Development & IRMr. Zhenwei Zheng (Age 40)Senior Vice President of Product Development David LiuVice President of StrategyPeng ChengIR DirectorMore ExecutivesKey CompetitorsUber TechnologiesNYSE:UBERAlibaba GroupNYSE:BABAAccentureNYSE:ACNMercadoLibreNASDAQ:MELILowe's CompaniesNYSE:LOWView All CompetitorsInstitutional OwnershipNomura Holdings Inc.Bought 199,336 shares on 3/27/2024Ownership: 0.052%Quadrature Capital LtdBought 143,466 shares on 3/25/2024Ownership: 0.011%Accent Capital Management LLCBought 1,000 shares on 3/19/2024Ownership: 0.000%B. Riley Wealth Advisors Inc.Bought 3,625 shares on 3/15/2024Ownership: 0.000%Sivia Capital Partners LLCBought 1,457 shares on 3/13/2024Ownership: 0.000%View All Institutional Transactions Should I Buy PDD Stock? PDD Pros and Cons Explained 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. 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 Tuesday, March 26, 2024. Please send any questions or comments about these PDD pros and cons to contact@marketbeat.com. 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 price objectives for PDD's stock. Their PDD share price targets range from $110.00 to $220.00. On average, they expect the company's share price to reach $146.85 in the next twelve months. 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 on January 1st, 2024. 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 earnings results on Tuesday, November, 28th. The company reported $11.61 earnings per share (EPS) for the quarter, beating the consensus estimate 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 revenue for the quarter was up 93.9% compared to the same quarter last year. During the same period in the previous year, the company earned $1.03 earnings per share. What ETFs hold PDD's stock? ETFs with the largest weight of PDD (NASDAQ:PDD) stock in their portfolio include Emerging Markets Internet & Ecommerce ETF (EMQQ), Invesco Golden Dragon China ETF (PGJ), Invesco China Technology ETF (CQQQ), KraneShares CSI China Internet ETF (KWEB), Global X China Consumer ETF (CHIQ), Global X Emerging Markets Internet & E-commerce ETF (EWEB), Matthews China Active ETF (MCH) and First Trust International IPO ETF (FPXI). 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 initial public offering (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 served 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 investors 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 3/29/2024 by MarketBeat.com Staff From Our PartnersDid You Get Your Free Bitcoin Yet?Crypto Swap ProfitsTop Project Outperforms BTC in 2023…Crypto 101 MediaMake This $3 Trade the Instant the Opening Bell RingsMonument Traders Alliance“The Stock Market’s Bull Run is Far from Over” -BarronsVertical Research AdvisoryAI Cracks Open Largest Untapped Energy Reserve on EarthBanyan Hill PublishingThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading AcademyMost important medical advance in 100 yearsThe Oxford ClubBuy this small stock before coming AI Tidal WaveChaikin Analytics Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding PDD Holdings Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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