PDD (PDD) Expected to Announce Earnings on Monday

PDD (NASDAQ:PDD) is expected to be releasing its Q2 2025 earnings data before the market opens on Monday, August 25th. Analysts expect PDD to post earnings of $2.04 per share and revenue of $102.97 billion for the quarter.

PDD (NASDAQ:PDD) last released its quarterly earnings data on Tuesday, May 27th. The company reported $1.37 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.25 by ($0.88). PDD had a net margin of 24.63% and a return on equity of 33.76%. The firm had revenue of $13.19 billion during the quarter, compared to analyst estimates of $103.37 billion. During the same period in the prior year, the company earned $20.72 EPS. The business’s quarterly revenue was up 10.2% compared to the same quarter last year. On average, analysts expect PDD to post $10 EPS for the current fiscal year and $11 EPS for the next fiscal year.

PDD Price Performance

PDD stock opened at $118.95 on Monday. The business has a 50 day moving average of $108.47 and a 200-day moving average of $110.67. PDD has a 1 year low of $87.11 and a 1 year high of $155.67. The company has a market capitalization of $165.60 billion, a P/E ratio of 12.80, a P/E/G ratio of 1.69 and a beta of 0.42.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on PDD. Citigroup raised PDD from a “neutral” rating to a “buy” rating and upped their price objective for the company from $127.00 to $165.00 in a research note on Monday, May 12th. JPMorgan Chase & Co. reduced their target price on PDD from $125.00 to $105.00 and set a “neutral” rating on the stock in a report on Wednesday, May 28th. Benchmark reduced their target price on PDD from $160.00 to $128.00 and set a “buy” rating on the stock in a report on Wednesday, May 28th. Macquarie reiterated an “outperform” rating on shares of PDD in a report on Tuesday, May 27th. Finally, China Renaissance reiterated a “hold” rating and issued a $107.00 target price on shares of PDD in a report on Wednesday, May 28th. Seven research analysts have rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $144.55.

Hedge Funds Weigh In On PDD

A number of institutional investors and hedge funds have recently modified their holdings of the business. Orbis Allan Gray Ltd boosted its holdings in shares of PDD by 135.6% during the 2nd quarter. Orbis Allan Gray Ltd now owns 5,647,728 shares of the company’s stock worth $591,091,000 after buying an additional 3,250,416 shares in the last quarter. Himalaya Capital Management LLC bought a new position in shares of PDD during the 2nd quarter worth approximately $482,273,000. AQR Capital Management LLC boosted its holdings in shares of PDD by 1.8% during the 2nd quarter. AQR Capital Management LLC now owns 880,417 shares of the company’s stock worth $90,516,000 after buying an additional 15,919 shares in the last quarter. California State Teachers Retirement System boosted its holdings in shares of PDD by 2.0% during the 2nd quarter. California State Teachers Retirement System now owns 324,758 shares of the company’s stock worth $33,989,000 after buying an additional 6,445 shares in the last quarter. Finally, CIBC Asset Management Inc boosted its holdings in shares of PDD by 0.3% during the 2nd quarter. CIBC Asset Management Inc now owns 142,498 shares of the company’s stock worth $14,914,000 after buying an additional 369 shares in the last quarter. 39.83% of the stock is currently owned by institutional investors.

About 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.