NASDAQ:PDD

PDD (PDD) Stock Forecast, Price & News

$81.55

-3.17 (-3.74%)

(As of 08/11/2023 08:48 PM ET)

Compare

Today's Range: $80.47
▼
$82.37
50-Day Range: $67.69
▼
$90.09
52-Week Range: $38.80
▼
$106.38

Volume: 7.77 million shs
Average Volume: 9.27 million shs
Market Capitalization: $107.61 billion

P/E Ratio: 21.92
Dividend Yield: N/A
Price Target: $105.64

PDD MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.91 Rating Score
Upside/Downside: 29.5% Upside
$105.64 Price Target
Short Interest: Healthy
2.21% of Shares Sold Short
Dividend Strength: N/A
Sustainability: -1.41
Upright™ Environmental Score
News Sentiment: 0.13
Based on 10 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 29.59%
From $3.65 to $4.73 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.41 out of 5 stars

Retail/Wholesale Sector

76th out of 211 stocks

Business Services, Not Elsewhere Classified Industry

38th out of 85 stocks

3.5

Analyst's Opinion

Consensus Rating
PDD has received a consensus rating of Moderate Buy. The company's average rating score is 2.91, and is based on 10 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $105.64, PDD has a forecasted upside of 29.5% from its current price of $81.55.
Amount of Analyst Coverage
PDD has only been the subject of 1 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
2.21% 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 3, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in PDD has recently increased by 2.75%, indicating that investor sentiment is decreasing.

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.

2.3

News and Social Media Coverage

News Sentiment
PDD has a news sentiment score of 0.13. 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 lower news sentiment than the 0.56 average news sentiment score of Retail/Wholesale companies.
News Coverage This Week
MarketBeat has tracked 10 news articles for PDD this week, compared to 6 articles on an average week.
Search Interest
61 people have searched for PDD on MarketBeat in the last 30 days. This is an increase of 27% compared to the previous 30 days.
MarketBeat Follows
Only 12 people have added PDD to their MarketBeat watchlist in the last 30 days. This is a decrease of -14% 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.

3.1

Earnings and Valuation

Earnings Growth
Earnings for PDD are expected to grow by 29.59% in the coming year, from $3.65 to $4.73 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of PDD is 21.92, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 120.26.
Price to Earnings Ratio vs. Sector
The P/E ratio of PDD is 21.92, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 32.23.
Price to Earnings Growth Ratio
PDD has a PEG Ratio of 1.14. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
PDD has a P/B Ratio of 6.30. 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 (NASDAQ:PDD) Stock

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 Price History

30 days | 90 days | 365 days | Advanced Chart

PDD Stock News Headlines

August 11, 2023 | businessinsider.com

Chinese online retailer Pinduoduo has a 'hyper-aggressive' culture with hours surpassing a '996' schedule, analysts write

August 11, 2023 | finance.yahoo.com

PDD Aug 2023 58.000 put

August 14, 2023 | Behind the Markets (Ad)

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There's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This company has already shown success in human trials... And Our research shows that anyone who gets in today could see a 46,751% return.

August 10, 2023 | benzinga.com

Why PDD Holdings Stock Is Moving

August 9, 2023 | benzinga.com

Taogongchang Becomes Top 5 Most Cost-effective E-commerce Brands Selected by PropCentre

August 9, 2023 | msn.com

Zuranolone approved for postpartum depression but misses out on bigger MDD indication

August 8, 2023 | seekingalpha.com

PDD Holdings: A High-Quality Business Traded At Discount

August 8, 2023 | msn.com

CorpsAfrica holds maiden Project Demo Day

August 14, 2023 | Behind the Markets (Ad)

BREAKING: Tiny biotech successfully treats blindness

August 3, 2023 | chron.com

Shelton city attorney says land owned by Mayor Lauretti can be rezoned, developers seek 16 new homes

August 2, 2023 | msn.com

Miffed with power dept, protesters block Jammu’s Janipur road for two hours

August 1, 2023 | reuters.com

Fast-fashion wars are warmup for Amazon battle

July 31, 2023 | msn.com

Tracking Baillie Gifford's 13F Portfolio - Q2 2023 Update

July 29, 2023 | msn.com

Trouble brewing: South Abilene residents stirred up about Starbucks store

July 28, 2023 | benzinga.com

$100 Invested In PDD Holdings 5 Years Ago Would Be Worth This Much Today

July 27, 2023 | reuters.com

TikTok to launch e-commerce program to bring Chinese goods to the US

July 26, 2023 | msn.com

PDD Holdings Inc. (PDD) Gains As Market Dips: What You Should Know

July 26, 2023 | msn.com

PDD Holdings Stock Scores Relative Strength Rating Upgrade; Hits Key Threshold

July 21, 2023 | chron.com

What's next for former Branford Regal movie theater? A developer has a plan

July 20, 2023 | msn.com

PDD Holdings Inc. (PDD) Stock Moves -0.47%: What You Should Know

July 19, 2023 | msn.com

PDD’s Temu Clashes with Fast-Fashion Titan Shein

July 19, 2023 | msn.com

Fast-fashion feud: Temu sues Chinese rival Shein in US for bullying suppliers

July 19, 2023 | msn.com

China fast-fashion retailer Temu blasts rival Shein over 'exclusionary tactics'

July 18, 2023 | msn.com

Alibaba Vs. PDD Holdings - Which Chinese ADR Is Best?

July 18, 2023 | uk.news.yahoo.com

Temu Accuses Fast Fashion Leader Shein of Bullying Suppliers

July 18, 2023 | time.com

Fast Fashion Retailer Temu Accuses Rival Shein of Bullying Suppliers

July 17, 2023 | msn.com

China's Growth Disappointment Is Moving Stocks Monday: Tencent, PDD Holdings And Luxury Goods

See More Headlines

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PDD Company Calendar

Last Earnings: 5/26/2023
Today: 8/13/2023
Next Earnings (Estimated): 9/04/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Business services, not elsewhere classified
Sub-Industry: N/A
Sector: Retail/Wholesale
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 Forecast: $105.64
High Stock Price Forecast: $125.00
Low Stock Price Forecast: $79.00
Forecasted Upside/Downside: +29.5%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.91
Research Coverage: 11 Analysts

Profitability

EPS (Most Recent Fiscal Year): $3.72
Trailing P/E Ratio: 21.92
Forward P/E Ratio: 22.34
P/E Growth: 1.14
Net Income: $4.57 billion
Net Margins: 25.63%
Pretax Margin: 29.48%
Return on Equity: 34.10%
Return on Assets: 17.17%

Debt

Debt-to-Equity Ratio: 0.01
Current Ratio: 1.94
Quick Ratio: 1.94

Sales & Book Value

Annual Sales: $18.93 billion
Price / Sales: 5.69
Cash Flow: $3.80 per share
Price / Cash Flow: 21.48
Book Value: $12.94 per share
Price / Book: 6.30

Miscellaneous

Outstanding Shares: 1,319,590,000
Free Float: 1,270,762,000
Market Cap: $107.61 billion
Optionable: Optionable
Beta: 0.76

Social Links

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If a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know?

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Key Executives

Mr. Lei Chen (Age 43)
Chairman & Co-CEO

Mr. Jiazhen Zhao (Age 39)
Co-CEO & Exec. Director

Ms. Jun Liu (Age 39)
VP of Fin.

Mr. Junyun Xiao (Age 43)
Sr. VP of Operation

Xin Yi Lim
Investor Relations Officers

Mr. Jianchong Zhu (Age 43)
Sr. VP & Gen. Counsel

Mr. Nick Shu C.F.A.
Director of Corp. Devel. & IR

Mr. Zhenwei Zheng (Age 39)
Sr. VP of Product Devel.

David Liu
VP of Strategy

Peng Cheng
IR Director

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

PDD Stock - Frequently Asked Questions

Should I buy or sell PDD stock right now?: 11 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for PDD in the last year. There are currently 1 hold rating and 10 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" PDD shares.
View PDD analyst ratings or view top-rated stocks.
What is PDD's stock price forecast for 2023?: 11 brokers have issued twelve-month target prices for PDD's shares. Their PDD share price forecasts range from $79.00 to $125.00. On average, they predict the company's stock price to reach $105.64 in the next twelve months. This suggests a possible upside of 29.5% 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 2023?: PDD's stock was trading at $81.55 at the start of the year. Since then, PDD stock has increased by 0.0% and is now trading at $81.55.
View the best growth stocks for 2023 here.
When is PDD's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, September 4th 2023.
View our PDD earnings forecast.
How were PDD's earnings last quarter?: PDD Holdings Inc. (NASDAQ:PDD) issued its quarterly earnings results on Friday, May, 26th. The company reported $0.86 earnings per share for the quarter, topping analysts' consensus estimates of $0.49 by $0.37. The business had revenue of $5.48 billion for the quarter, compared to the consensus estimate of $4.58 billion. PDD had a net margin of 25.63% and a trailing twelve-month return on equity of 34.10%.
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 & Ecommerce 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 served as the underwriters for the IPO and China Renaissance was co-manager.
What is PDD's stock symbol?: PDD trades on the NASDAQ under the ticker symbol "PDD."
Who are PDD's major shareholders?: PDD's stock is owned by a variety of institutional and retail investors. Top institutional investors include Baillie Gifford & Co. (2.36%), BlackRock Inc. (1.83%), UBS Asset Management Americas Inc. (0.84%), IDG China Venture Capital Fund IV Associates L.P. (0.62%), Assenagon Asset Management S.A. (0.41%) and Krane Funds Advisors LLC (0.39%).
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is PDD's stock price today?: One share of PDD stock can currently be purchased for approximately $81.55.
How much money does PDD make?: PDD (NASDAQ:PDD) has a market capitalization of $107.61 billion and generates $18.93 billion in revenue each year. The company earns $4.57 billion in net income (profit) each year or $3.72 on an earnings per share basis.
How many employees does PDD have?: The company employs 12,992 workers across the globe.
How can I contact PDD?: PDD's mailing address is 28/F NO. 533 LOUSHANGUAN ROAD CHANGNING DISTRICT, SHANGHAI F4, 200051. The official website for the company is www.pinduoduo.com. The company can be reached via phone at (531) 539-7938 or via email at investor@pinduoduo.com.

This page (NASDAQ:PDD) was last updated on 8/14/2023 by MarketBeat.com Staff

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PDD (PDD) Stock Forecast, Price & News

PDD MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About PDD (NASDAQ:PDD) Stock

PDD Price History

PDD Stock News Headlines

PDD Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Institutional Ownership

PDD Stock - Frequently Asked Questions

Overall MarketRank^™