Should I buy or sell PDD stock right now?

10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for PDD in the last twelve months. There are currently 10 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" PDD shares. View PDD analyst ratings or view top-rated stocks .

What is PDD's stock price target for 2024?

10 equities research analysts have issued 12 month price objectives for PDD's shares. Their PDD share price targets range from $95.50 to $215.00. On average, they predict the company's stock price to reach $128.04 in the next year. This suggests a possible upside of 0.4% 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 12.9% and is now trading at $127.48. 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 Monday, March 18th 2024. View our PDD earnings forecast .

How were PDD's earnings last quarter?

PDD Holdings Inc. (NASDAQ:PDD) released its quarterly earnings data on Tuesday, November, 28th. The company reported $11.61 earnings per share for the quarter, beating the consensus estimate of $8.94 by $2.67. The business had revenue of $68.84 billion for the quarter, compared to the consensus estimate of $55.18 billion. PDD had a net margin of 23.25% and a trailing twelve-month return on equity of 34.07%. PDD's quarterly revenue was up 93.9% on a year-over-year basis. During the same quarter last year, the business posted $1.03 EPS.

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) .

(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 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 a variety of institutional and retail investors. Top institutional shareholders include Baillie Gifford & Co. (2.88%), Norges Bank (0.56%), IDG China Venture Capital Fund IV Associates L.P. (0.36%), E Fund Management Co. Ltd. (0.35%), RWC Asset Advisors US LLC (0.15%) and Fisher Asset Management LLC (0.13%).

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 .

Top-Rated StocksTop-Rated

NASDAQ:PDD

PDD (PDD) Stock Price, News & Analysis

$127.48

+0.83 (+0.66%)

(As of 02/9/2024 08:56 PM ET)

Compare

Today's Range: $125.48
▼
$127.86
50-Day Range: $121.14
▼
$151.33
52-Week Range: $59.67
▼
$152.99

Volume: 3.11 million shs
Average Volume: 7.81 million shs
Market Capitalization: $168.22 billion

P/E Ratio: 28.65
Dividend Yield: N/A
Price Target: $128.04

Get PDD alerts:

PDD MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 0.4% Upside
$128.04 Price Target
Short Interest: Bearish
2.67% of Shares Sold Short
Dividend Strength: N/A
Sustainability: -1.41
Upright™ Environmental Score
News Sentiment: 1.12
Based on 18 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 25.90%
From $4.98 to $6.27 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.

3.62 out of 5 stars

Retail/Wholesale Sector

77th out of 205 stocks

Business Services, Not Elsewhere Classified Industry

35th out of 88 stocks

1.5

Analyst's Opinion

Consensus Rating
PDD has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 10 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $128.04, PDD has a forecasted upside of 0.4% from its current price of $127.48.
Amount of Analyst Coverage
PDD has only been the subject of 1 research reports in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
2.67% of the outstanding shares of PDD have been sold short.
Short Interest Ratio / Days to Cover
PDD has a short interest ratio ("days to cover") of 4.6.
Change versus previous month
Short interest in PDD has recently increased by 16.37%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
PDD does not currently pay a dividend.
Dividend Growth
PDD does not have a long track record of dividend growth.

2.2

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
PDD 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 Sustainability
The Environmental Impact score for PDD is -1.41.

4.0

News and Social Media Coverage

News Sentiment
PDD has a news sentiment score of 1.12. 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 0.72 average news sentiment score of Retail/Wholesale companies.
News Coverage This Week
MarketBeat has tracked 18 news articles for PDD this week, compared to 9 articles on an average week.
Search Interest
88 people have searched for PDD on MarketBeat in the last 30 days. This is an increase of 66% compared to the previous 30 days.
MarketBeat Follows
29 people have added PDD to their MarketBeat watchlist in the last 30 days. This is an increase of 142% compared to the previous 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, PDD insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 3.70% of the stock of PDD is held by insiders.
Percentage Held by Institutions
Only 31.08% of the stock of PDD is held by institutions.

3.8

Earnings and Valuation

Earnings Growth
Earnings for PDD are expected to grow by 25.90% in the coming year, from $4.98 to $6.27 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of PDD is 28.65, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 126.08.
Price to Earnings Ratio vs. Sector
The P/E ratio of PDD is 28.65, which means that it is trading at a more expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 26.71.
Price to Earnings Growth Ratio
PDD has a PEG Ratio of 0.44. PEG Ratios below 1 indicate that a company could be undervalued.
Price to Book Value per Share Ratio
PDD has a P/B Ratio of 9.85. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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

30 days | 90 days | 365 days | Advanced Chart

PDD Stock News Headlines

February 9, 2024 | uk.finance.yahoo.com

PDD Jun 2025 210.000 put

February 9, 2024 | ca.finance.yahoo.com

PDD Aug 2024 130.000 put

February 12, 2024 | Stansberry Research (Ad)

Is this AI's biggest breakthrough to date?

In the past year, AI has amazed us all with its achievements. It can predict weather, recommend winning stocks, create original art, write computer code, detect skin cancer – and, shockingly, it can do all these things better than most humans. But when you see its latest leap (revealed in on-location footage), you may want to pinch yourself!

February 9, 2024 | finance.yahoo.com

Is PDD Holdings Inc.'s (NASDAQ:PDD) Latest Stock Performance A Reflection Of Its Financial Health?

February 8, 2024 | msn.com

PDD Holdings Inc. (PDD) Stock Slides as Market Rises: Facts to Know Before You Trade

February 8, 2024 | finance.yahoo.com

Should You Invest in PDD Holdings (PDD)?

February 8, 2024 | finance.yahoo.com

Alibaba wakes up to competition from PDD and ByteDance, promising to ‘reignite’ growth as disappointing results send shares down 6%

February 8, 2024 | americanbankingnews.com

PDD Holdings Inc. (NASDAQ:PDD) Receives Average Recommendation of "Buy" from Analysts

February 12, 2024 | Stansberry Research (Ad)

Is this AI's biggest breakthrough to date?

February 7, 2024 | msn.com

Alibaba boosts share buy back as revenues miss estimates

February 6, 2024 | fool.com

Why Alibaba, PDD Holdings, and JD.com Were All Moving Higher Today

February 6, 2024 | realmoney.thestreet.com

PDD Holdings price target lowered by $3 at Citi, here's why

February 2, 2024 | finance.yahoo.com

Matthews China Fund Adjusts Portfolio, PDD Holdings Inc Sees Major Reduction

February 1, 2024 | benzinga.com

$1000 Invested In PDD Holdings 5 Years Ago Would Be Worth This Much Today

January 31, 2024 | benzinga.com

What the Options Market Tells Us About PDD Holdings

January 30, 2024 | finance.yahoo.com

Time To Take The Bearish Option With PDD Stock?

January 30, 2024 | investorplace.com

Why Is Pinduoduo (PDD) Stock Down Again Today?

January 30, 2024 | investorplace.com

PDD Stock Alert: Morgan Stanley Is Losing Faith in Temu

January 30, 2024 | markets.businessinsider.com

PDD, BABA, BIDU: Which Chinese Stock Do Analysts Like Most?

January 30, 2024 | finance.yahoo.com

PDD Holdings (NASDAQ:PDD) shareholders are still up 335% over 5 years despite pulling back 7.9% in the past week

January 29, 2024 | msn.com

Why did PDD stock tank today? Tariff fears, collapse in China

January 29, 2024 | finance.yahoo.com

Amazon scraps iRobot deal, SoFi soars on earnings: Yahoo Finance Live

January 29, 2024 | ca.finance.yahoo.com

PDD Feb 2024 121.000 call

January 29, 2024 | za.investing.com

Why PDD Holdings stock tumbled on Monday

January 29, 2024 | morningstar.com

PDD Holdings Down Over 7%, Worst Performer in the Nasdaq 100 So Far Today — Data Talk

January 29, 2024 | nasdaq.com

3 Reasons to Buy Alibaba Stock as It Revisits Its IPO Price

January 28, 2024 | msn.com

A Nepo Baby Battle Between SNL's Please Don't Destroy And Dakota Johnson Gets Ugly

See 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.

Company Calendar

Last Earnings: 11/28/2023
Today: 2/12/2024
Next Earnings (Estimated): 3/18/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Retail/Wholesale
Industry: Business services, not elsewhere classified
Sub-Industry: N/A
Current Symbol: NASDAQ:PDD
CUSIP: N/A
CIK: 1737806
Web: www.pinduoduo.com
Phone: (531) 539-7938
Fax: N/A
Employees: 12,992
Year Founded: 2015

Price Target and Rating

Average Stock Price Target: $128.04
High Stock Price Target: $215.00
Low Stock Price Target: $95.50
Potential Upside/Downside: +0.4%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 10 Analysts

Profitability

EPS (Most Recent Fiscal Year): $4.45
Trailing P/E Ratio: 28.65
Forward P/E Ratio: 25.60
P/E Growth: 0.44
Net Income: $4.57 billion
Net Margins: 23.25%
Pretax Margin: 27.84%
Return on Equity: 34.07%
Return on Assets: 17.64%

Debt

Debt-to-Equity Ratio: 0.01
Current Ratio: 1.83
Quick Ratio: 1.83

Sales & Book Value

Annual Sales: $18.93 billion
Price / Sales: 8.89
Cash Flow: $3.80 per share
Price / Cash Flow: 33.59
Book Value: $12.94 per share
Price / Book: 9.85

Miscellaneous

Outstanding Shares: 1,319,590,000
Free Float: 1,270,762,000
Market Cap: $168.22 billion
Optionable: Optionable
Beta: 0.69

Social Links

7 Energy Stocks to Buy and Hold Forever

Do you expect the global demand for energy to shrink?! If not, it's time to take a look at how energy stocks can play a part in your portfolio.

Get This Free Report

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

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

PDD Stock Analysis - Frequently Asked Questions

Should I buy or sell PDD stock right now?: 10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for PDD in the last twelve months. There are currently 10 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" PDD shares.
View PDD analyst ratings or view top-rated stocks.
What is PDD's stock price target for 2024?: 10 equities research analysts have issued 12 month price objectives for PDD's shares. Their PDD share price targets range from $95.50 to $215.00. On average, they predict the company's stock price to reach $128.04 in the next year. This suggests a possible upside of 0.4% 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 12.9% and is now trading at $127.48.
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 Monday, March 18th 2024.
View our PDD earnings forecast.
How were PDD's earnings last quarter?: PDD Holdings Inc. (NASDAQ:PDD) released its quarterly earnings data on Tuesday, November, 28th. The company reported $11.61 earnings per share for the quarter, beating the consensus estimate of $8.94 by $2.67. The business had revenue of $68.84 billion for the quarter, compared to the consensus estimate of $55.18 billion. PDD had a net margin of 23.25% and a trailing twelve-month return on equity of 34.07%. PDD's quarterly revenue was up 93.9% on a year-over-year basis. During the same quarter last year, the business posted $1.03 EPS.
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) 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 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 a variety of institutional and retail investors. Top institutional shareholders include Baillie Gifford & Co. (2.88%), Norges Bank (0.56%), IDG China Venture Capital Fund IV Associates L.P. (0.36%), E Fund Management Co. Ltd. (0.35%), RWC Asset Advisors US LLC (0.15%) and Fisher Asset Management LLC (0.13%).
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 2/12/2024 by MarketBeat.com Staff

Get 30 Days of MarketBeat All Access Free

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your 30-Day Free Trial