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 year. 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 1 year price targets for PDD's shares. Their PDD share price targets range from $95.50 to $190.00. On average, they predict the company's share price to reach $126.12 in the next year. This suggests that the stock has a possible downside of 13.8%. 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 beginning of the year. Since then, PDD shares have increased by 79.4% and is now trading at $146.31. 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, March 18th 2024. View our PDD earnings forecast .

How were PDD's earnings last quarter?

PDD Holdings Inc. (NASDAQ:PDD) issued its quarterly earnings data on Tuesday, November, 28th. The company reported $11.61 EPS for the quarter, beating the consensus estimate of $8.94 by $2.67. The company earned $68.84 billion during 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% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $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) .

(PDD) raised $1.5 billion in an initial public offering (IPO) on Thursday, July 26th 2018. The company issued 85,600,000 shares at a price of $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.

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

$146.31

+0.96 (+0.66%)

(As of 12/29/2023 ET)

Compare

Today's Range: $144.60
▼
$147.15
50-Day Range: $101.31
▼
$150.09
52-Week Range: $59.67
▼
$150.66

Volume: 3.69 million shs
Average Volume: 7.04 million shs
Market Capitalization: $193.07 billion

P/E Ratio: 32.88
Dividend Yield: N/A
Price Target: $126.12

PDD MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 13.8% Downside
$126.12 Price Target
Short Interest: Bearish
2.57% of Shares Sold Short
Dividend Strength: N/A
Sustainability: -1.41
Upright™ Environmental Score
News Sentiment: 0.73
Based on 17 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 23.72%
From $5.06 to $6.26 Per Share

Overall MarketRank^™

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

1.58 out of 5 stars

Retail/Wholesale Sector

167th out of 205 stocks

Business Services, Not Elsewhere Classified Industry

78th 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 $126.12, PDD has a forecasted downside of 13.8% from its current price of $146.31.
Amount of Analyst Coverage
PDD has only been the subject of 3 research reports in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
2.57% 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 4.3.
Change versus previous month
Short interest in PDD has recently increased by 6.84%, 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.

2.1

News and Social Media Coverage

News Sentiment
PDD has a news sentiment score of 0.73. 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 news sentiment score is similar to the average news sentiment of Retail/Wholesale companies.
News Coverage This Week
MarketBeat has tracked 17 news articles for PDD this week, compared to 8 articles on an average week.
Search Interest
Only 61 people have searched for PDD on MarketBeat in the last 30 days. This is a decrease of -19% compared to the previous 30 days.
MarketBeat Follows
Only 23 people have added PDD to their MarketBeat watchlist in the last 30 days. This is a decrease of -12% 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.

2.5

Earnings and Valuation

Earnings Growth
Earnings for PDD are expected to grow by 23.72% in the coming year, from $5.06 to $6.26 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of PDD is 32.88, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 105.63.
Price to Earnings Ratio vs. Sector
The P/E ratio of PDD is 32.88, which means that it is trading at a more expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 26.24.
Price to Book Value per Share Ratio
PDD has a P/B Ratio of 11.31. 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

December 28, 2023 | marketbeat.com

Ray Dalio keeps adding to this ETF, what's he thinking? (PDD)

Ray Dalio is going to be happy with his newest purchases into Asian stocks, there are two in particular that could bring in a good bulk of returns to this play

December 19, 2023 | marketbeat.com

China's Alibaba names CEO Eddie Wu to head its e-commerce business as its growth falters

China's Alibaba Group says its CEO Eddie Wu will head its core e-commerce business, as the company seeks to drive growth and fend off fast-growing online shopping rivals like Pinduoduo

December 31, 2023 | MarketBeat Internal (Ad)

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December 30, 2023 | seekingalpha.com

PDD Holdings - The Best Bet On Christmas Shopping

December 30, 2023 | fool.com

Can Amazon Stay Ahead of PDD's Temu ad Shein in 2024?

December 29, 2023 | nasdaq.com

PDD Factor-Based Stock Analysis

December 29, 2023 | ca.finance.yahoo.com

PDD Jan 2024 133.000 call

December 29, 2023 | msn.com

Shein, Temu seen as potential suitors for Wayfair -report

December 31, 2023 | MarketBeat Internal (Ad)

New Year's Sale: Get MarketBeat All Access Free For 30 Days

December 29, 2023 | fool.com

3 Reasons to Buy PDD Holdings Stock Like There's No Tomorrow

December 28, 2023 | bloomberg.com

JD.com Preps Big Pay Hikes Even As Chinese Consumption Gyrates

December 27, 2023 | msn.com

Tech: How Temu turned PDD into China’s internet king

December 26, 2023 | nasdaq.com

Guru Fundamental Report for PDD

December 26, 2023 | finance.yahoo.com

The Zacks Analyst Blog Highlights PDD Holdings, MercadoLibre and Nu Holdings

December 24, 2023 | americanbankingnews.com

PDD (NASDAQ:PDD) Shares Gap Down to $146.72

December 23, 2023 | hk.finance.yahoo.com

PDD Jan 2026 130.000 call

December 23, 2023 | ca.finance.yahoo.com

PDD Dec 2023 96.000 put

December 23, 2023 | finance.yahoo.com

If EPS Growth Is Important To You, PDD Holdings (NASDAQ:PDD) Presents An Opportunity

December 23, 2023 | ca.finance.yahoo.com

PDD Dec 2023 70.000 call

December 23, 2023 | ca.finance.yahoo.com

PDD Dec 2023 90.000 put

December 22, 2023 | hk.finance.yahoo.com

PDD Jan 2025 130.000 put

December 22, 2023 | hk.finance.yahoo.com

PDD Dec 2023 110.000 call

December 22, 2023 | finance.yahoo.com

PDD Holdings Inc. (PDD) is a Great Momentum Stock: Should You Buy?

December 21, 2023 | msn.com

Latest Alibaba leadership reshuffle set to make China’s largest e-commerce market more tech-focused, analysts say

December 21, 2023 | msn.com

Alibaba’s Change in E-commerce Leadership Sparks Speculation of Possible Sale

December 21, 2023 | msn.com

Alibaba is replacing its e-commerce head as it tries to beat back Pinduoduo and Temu owner PDD

December 19, 2023 | finance.yahoo.com

Institutional investors have a lot riding on PDD Holdings Inc. (NASDAQ:PDD) with 38% ownership

See More Headlines

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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: 12/31/2023
Fiscal Year End: 12/31/2023
Next Earnings (Estimated): 3/18/2024

Get Stock Alerts

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 Target: $126.12
High Stock Price Target: $190.00
Low Stock Price Target: $95.50
Potential Upside/Downside: -13.8%
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: 32.88
Forward P/E Ratio: 28.92
P/E Growth: N/A
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: 10.20
Cash Flow: $3.80 per share
Price / Cash Flow: 38.55
Book Value: $12.94 per share
Price / Book: 11.31

Miscellaneous

Outstanding Shares: 1,319,590,000
Free Float: 1,270,762,000
Market Cap: $193.07 billion
Optionable: Optionable
Beta: 0.79

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Key Executives

Mr. Lei Chen (Age 43)
General Counsel, Co-CEO & Chairman
Mr. Jiazhen Zhao (Age 39)
Co-CEO & Executive Director
Ms. Jun Liu (Age 39)
Vice President of Finance
Mr. Junyun Xiao (Age 43)
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 39)
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 year. 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 1 year price targets for PDD's shares. Their PDD share price targets range from $95.50 to $190.00. On average, they predict the company's share price to reach $126.12 in the next year. This suggests that the stock has a possible downside of 13.8%.
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 beginning of the year. Since then, PDD shares have increased by 79.4% and is now trading at $146.31.
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, March 18th 2024.
View our PDD earnings forecast.
How were PDD's earnings last quarter?: PDD Holdings Inc. (NASDAQ:PDD) issued its quarterly earnings data on Tuesday, November, 28th. The company reported $11.61 EPS for the quarter, beating the consensus estimate of $8.94 by $2.67. The company earned $68.84 billion during 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% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $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) raised $1.5 billion in an initial public offering (IPO) on Thursday, July 26th 2018. The company issued 85,600,000 shares at a price of $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.
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 12/31/2023 by MarketBeat.com Staff

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PDD (PDD) Stock Price, News & Analysis

PDD MarketRank™ Stock Analysis

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 Stock (NASDAQ:PDD)

PDD Stock Price History

PDD Stock News Headlines

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 Analysis - Frequently Asked Questions

Overall MarketRank^™